Acme United(US:ACU)2026-03-11 20:00Financial Performance - In 2025, net sales increased by $2,051,825, or 1%, to $196,541,816 compared to $194,489,991 in 2024[147] - Gross profit was $77,409,848, representing 39.4% of net sales in 2025, compared to $76,350,824, or 39.3% of net sales in 2024[150] - Operating income rose to $14,724,514 in 2025, an increase of $584,572 from $14,139,942 in 2024[152] Expenses and Taxation - Net interest expense decreased by $382,723 to $1,559,920 in 2025 from $1,942,643 in 2024[154] - Income tax expense was $2,933,201 in 2025, with an effective tax rate of 22%, compared to $2,270,058 and 18% in 2024[156] Inventory and Capital Expenditures - Inventory increased by approximately $3.6 million, or 6%, during 2025[158] - Capital expenditures in 2025 were $10,651,913, up from $7,148,648 in 2024, primarily due to the purchase of the new facility[166] Debt and Financial Outlook - As of December 31, 2025, total debt outstanding under the revolving credit facility decreased by approximately $5.8 million compared to the previous year[161] - The Company expects cash on hand and generated from operations, along with available funds under its revolving credit facility, to be sufficient for planned operations for at least the next twelve months[167] Acquisition - The Company acquired a manufacturing and distribution center in Mt. Pleasant, TN for approximately $6.0 million in July 2025[162]