Thu, Jun 5, 8:13 PM (11 days ago)
**Oil-Dri Corporation of America (ODC) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** Q1 2025 revenue was $115.5 million, an 8% increase from Q1 2024 ($106.8 million). - **Profit Margins:** Gross margin increased to 28.6% from 28.2% in Q1 2024. Operating margin was 11.9% compared to 9.8% in Q1 2024. - **Net Income:** Net income for Q1 2025 was $11.6 million, a 50% increase from $7.8 million in Q1 2024. - **Earnings Per Share (EPS):** Basic EPS was $0.86, up from $0.58 in Q1 2024. Diluted EPS was $0.80, up from $0.53. **Cash Flow:** - **Operating Activities:** Net cash provided by operating activities was $54.99 million, up from $36.93 million in Q1 2024. - **Investing Activities:** Net cash used in investing activities was $24.51 million, primarily for capital expenditures. - **Financing Activities:** Net cash used in financing activities was $18.52 million, including dividend payments and stock repurchases. **Segment Performance:** - **Business to Business Products Group:** Revenue increased by 18% to $42.68 million. Operating income increased by 26% to $13.38 million. - **Retail and Wholesale Products Group:** Revenue increased by 3% to $72.82 million. Operating income decreased by 11% to $9.71 million due to higher operating costs. **Trends & Uncertainties:** - **Positive Trends:** Strong demand for renewable diesel filtration products and favorable product mix. - **Uncertainties:** Foreign exchange rates, raw material costs, and regulatory changes. **Future Operations Impact:** - **Capital Expenditures:** Continued investment in plant equipment and facilities to support increased demand. - **Dividends & Stock Repurchases:** Ongoing dividend payments and stock repurchases as part of capital allocation strategy. **Liquidity & Capital Resources:** - **Cash Position:** Total cash and cash equivalents increased by 49% to $36.48 million. - **Credit Facility:** Increased revolving credit facility to $75 million, providing financial flexibility. **Stock Performance:** - **Stock Split:** Completed a 2-for-1 stock split, increasing the number of authorized shares of Common Stock from 15 million to 30 million. **Risk Factors:** - No material changes to risk factors since the last annual report.