STURM Reports 1.5% Increase in Revenue for Second Quarter of FY2023
August 16, 2023
☀️Earnings Overview
For the quarter ending June 30 2023, STURM ($NYSE:RGR) reported total revenue of USD 142.8 million, representing a 1.5% increase from the same period in the previous year. Unfortunately, net income was USD 16.2 million, a 22.1% decline compared to FY2022.
Analysis
GoodWhale recently conducted an analysis of STURM‘s wellbeing and the results showed that it is a low risk investment according to Risk Rating. This means that there are no major financial and business risks associated with the company and it is deemed safe to invest in. However, GoodWhale has detected one risk warning in the income sheet which can be scrutinized further if users become a registered user. It is important to note that the risk rating should not be taken as a guarantee of returns as other external factors may still affect the performance of the stock. Therefore, even though the risk rating is low, it is important to exercise caution and conduct further research before making any decisions. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Sturm. More…
| Total Revenues | Net Income | Net Margin |
| 580.87 | 67.88 | 11.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Sturm. More…
| Operations | Investing | Financing |
| 66.67 | 20.6 | -119.35 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Sturm. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 396.9 | 63.72 | 18.8 |
Key Ratios Snapshot
Some of the financial key ratios for Sturm are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 8.6% | 7.9% | 14.0% |
| FCF Margin | ROE | ROA |
| 8.3% | 15.6% | 12.8% |
Peers
The company was founded in 1949 by Alexander Sturm and William Ruger. Guanglian Aviation Industry Co Ltd is a Chinese state-owned enterprise which manufactures aircrafts and related products. AMMO Inc is an American manufacturing company which produces and sells ammunition, firearms, and related accessories. Next Dynamics Inc is a Canadian engineering and manufacturing company which specializes in the development and production of high performance composite materials.
– Guanglian Aviation Industry Co Ltd ($SZSE:300900)
As of 2022, Guanglian Aviation Industry Co Ltd has a market cap of 6.46B and a Return on Equity of 5.58%. The company is engaged in the aviation industry and provides aircraft maintenance, repair and overhaul services. It also manufactures and sells aircraft parts and components.
– AMMO Inc ($NASDAQ:POWW)
Ammo Incorporated is an American publicly traded company that manufactures, markets and sells ammunition, firearms and related accessories. The company has a market capitalization of $383.63 million as of 2022 and a return on equity of 5.44%. Ammo Incorporated’s products are sold through a network of more than 5,000 dealers and retailers across the United States. The company was founded in 2014 and is headquartered in Scottsdale, Arizona.
Summary
Investors interested in the stock of STURM should consider the company’s financial performance in the second quarter of FY2023. Total revenue for the period was USD 142.8 million, a 1.5% increase over the same period last year. However, net income was USD 16.2 million, a significant decrease of 22.1% from the same period in the previous year. While revenue had grown, investors should be aware that net income had decreased and use this information to inform their investment decisions.
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