Weerapong Khodsom 1M 6M MAX Seeking Alpha Still, while CVR is less profitable in this more "ordinary" environment, it delivered reasonable financial results, in part due to cost discipline. Operating expenses were $5 million lower at $164 million. Accordingly, there was $5.78/barrel in operating expenses, down 2% from last year. Still just given tight crack spreads, CVR's refining margin was $14.23 was down over $9 from last year. As such, it generated $171 million of EBITDA from $285 million last year, aid ...

NAPERVILLE, Ill., May 10, 2024 /PRNewswire/ -- Chicago Rivet & Machine Co. (NYSE American: CVR) today announced results for the first quarter of 2024 as summarized below: CHICAGO RIVET & MACHINE CO. Summary of Consolidated Results of Operations For the Three Months Ended March 31 2024 2023 Net sales $7,853,181 $8,729,725 Income (loss) before income taxes (874,834) (737,137) Net income (loss) (698,004) (583,137) Net income (loss) per common share (.72) (.60) Average common shar ...

FORM 10-Q _________________________________ OR Chicago Rivet & Machine Co. (Exact Name of Registrant as Specified in Its Charter) (630) 357-8500 Registrant's Telephone Number, Including Area Code _________________________________ Large accelerated filer o Accelerated filer o Non-accelerated filer ý Smaller reporting company ☒ Emerging growth company ☐ PART I. FINANCIAL INFORMATION (Unaudited) Page Securities registered pursuant to Section 12(b) of the Act: ý QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 000-01227 Chicago Rivet & Machine Co. (Exact name of registrant as specified in its charter) | | Illinois | | | 36-0904920 | | | --- | --- | --- | --- | --- | --- | | | (State or | oth ...

NAPERVILLE, Ill., Feb. 19, 2024 /PRNewswire/ -- On February 19, 2024 the Board of Directors of Chicago Rivet & Machine Co. (NYSE American: CVR) declared a regular quarterly dividend of ten (10) cents per share, payable March 20, 2024 to shareholders of record at the close of business on March 5, 2024. SOURCE Chicago Rivet & Machine Co. ...

Securities registered pursuant to Section 12(b) of the Act: FORM 10-Q _________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 000-01227 _________________________________ Illinois (State or other jurisdiction of incorporation or organization) 901 Frontenac Road, Naperville, Illinois 60563 (Address of Principal Executive Offices) ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q _________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ___________ Commission file number 000-01227 _________________________________ Chicago Rivet & Machine Co. (Exa ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q _________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ___________ Commission file number 000-01227 _________________________________ Chicago Rivet & Machine Co. (Ex ...

Financial Performance - Fastener segment revenues for Q4 2022 were $6,272,480, a decline of $715,567 or 10.2% compared to Q4 2021[20] - Full year 2022 fastener segment revenues were $30,291,547, an increase of $460,159 or 1.5% from 2021[20] - Fastener segment revenues for Q4 2022 were $6,272,480, a decline of 10.2% from $6,988,047 in Q4 2021, attributed to a general slowdown in demand and staffing shortages[20] - For the full year 2022, fastener segment revenues increased by 1.5% to $30,291,547, with automotive sales up 5.0% to $18,454,238, while non-automotive sales declined by 3.4%[20] - The gross loss for Q4 2022 was $555,641, compared to a gross profit of $1,072,310 in the same quarter of the previous year[20] Sales Performance - Sales to automotive customers increased to $4,185,600 in Q4 2022 from $4,163,004 in Q4 2021, while sales to non-automotive customers decreased by $738,163 or 26.1%[20] - Sales to automotive customers increased slightly to $4,185,600 in Q4 2022 from $4,163,004 in Q4 2021, while sales to non-automotive customers decreased by 26.1% to $2,086,880[20] Expenses and Income - Selling and administrative expenses were $4,992,521 in 2022, a decrease of $113,656 or 2.2% compared to 2021[21] - Selling and administrative expenses decreased by 2.2% to $4,992,521 in 2022, representing 14.8% of net sales compared to 15.0% in 2021[21] - Other income increased to $91,433 in 2022 from $55,557 in 2021, primarily due to higher interest rates[22] - Other income rose to $91,433 in 2022 from $55,557 in 2021, primarily due to increased interest income[22] Working Capital - Working capital at December 31, 2022 was $20,073,089, an increase of $2,651,504 from the beginning of the year[25] - Working capital at December 31, 2022, was $20,073,089, an increase of $2,651,504 from the beginning of the year, mainly due to the sale of the Naperville property[25] Operational Challenges - The company faced challenges in maintaining an optimal workforce due to a tight labor market, impacting operational efficiency[27] - The company faced challenges in maintaining an optimal workforce due to a tight labor market, impacting operational efficiency and costs[27] - The company is committed to strategic reviews and investments to address operational challenges and improve efficiency[27] - The company is committed to strategic reviews and investments to address operational challenges and improve sales by emphasizing value over price[27] Market Activity - The average daily trading volume for the company's common stock was less than 3,000 shares in 2022, indicating potential liquidity issues[18]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _________________________________ Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $1.00 per share CVR NYSE American (Trading privileges only, not registered) FORM 10-Q _________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly perio ...