AMCON Distributing pany(DIT) - 2025 Q4 - Annual Results

Financial Performance - AMCON reported fully diluted earnings per share of $0.92 and net income available to common shareholders of $0.6 million for the fiscal year ended September 30, 2025[2]. - Total sales for fiscal 2025 were $2.82 billion, an increase from $2.71 billion in fiscal 2024, reflecting a growth of approximately 4.0%[11]. - Gross profit for fiscal 2025 was $188.2 million, compared to $182.4 million in fiscal 2024, indicating a gross profit margin improvement[11]. - The company reported a decrease in operating income to $12.6 million for fiscal 2025, down from $18.0 million in fiscal 2024[11]. - Net income available to common shareholders for September 2025 was $568,739, a significant decrease from $4,336,489 in September 2024[15]. Revenue Segments - The wholesale distribution segment generated revenues of $2.8 billion with an operating income of $23.0 million, while the retail health food segment reported revenues of $44.5 million and operating income of $0.1 million for fiscal 2025[3]. Shareholder Equity - Shareholders' equity as of September 30, 2025, was $113.1 million, up from $111.7 million in the previous year[4]. Strategic Initiatives - The company is actively pursuing strategic acquisition opportunities to enhance its customer-focused approach and expand its market presence[3]. - AMCON's technology suite aims to provide customers with a competitive edge, integrating advertising and electronic display programs[4]. Liquidity and Cash Flow - AMCON's management emphasized a focus on optimizing liquidity, with total current assets amounting to $239.5 million as of September 30, 2025[4]. - Net cash flows from operating activities were $18,667,426 in September 2025, compared to $67,872,351 in September 2024, indicating a decline[15]. - Cash paid during the period for interest was $10,522,689, up from $9,985,313 in the previous year[15]. - Cash at the end of the period was $744,613, an increase from $672,788 at the end of September 2024[15]. Investment Activities - Net cash flows used in investing activities totaled $(15,021,709) in September 2025, compared to $(42,108,695) in September 2024[15]. - The company acquired Arrowrock Supply for $6,131,527 during the period[15]. Debt and Borrowings - Borrowings under revolving credit facilities increased to $2,588,656,781 from $2,517,192,464 year-over-year[15]. - Principal payments on long-term debt increased to $(5,260,092) from $(3,765,153) year-over-year[15]. Accounts Receivable - The company reported a change in accounts receivable of $(2,579,336) compared to an increase of $5,900,380 in the previous year[15]. Stock Repurchase - The company repurchased common stock amounting to $1,133,095 during the period[15].