L S Starrett Co (N:SCX)
Business Focus: Machine Tools
| Sector: Industrials | Industry: Industrial Machinery & Equipment |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 121 Crescent St ATHOL MA 01331 |
| Tel: | N/A |
| Website: | https://www.starrett.com |
| IR: | See website |
| Key People | ||
| Douglas A. Starrett Chairman of the Board, President, Chief Executive Officer | John C. Tripp Chief Financial Officer, Treasurer | David T. Allen Vice President - Starrett Metrology Systems | Christian Arntsen Vice President - Industrial Products, International |
| Business Overview |
| The L.S. Starrett Company is engaged in the business of manufacturing various products for industrial, professional and consumer markets. The Company offers measuring and cutting products to the market through multiple channels of distribution throughout the world. Its products include precision tools, electronic gages, gage blocks, optical, vision, laser measuring equipment, custom engineered granite solutions, tape measures, levels, chalk products, squares, band saw blades, hole saws, hacksaw blades, jig saw blades, reciprocating saw blades, M1 lubricant and precision ground flat stock. Its tools and instruments are sold throughout North America in over 100 other countries. The Company primarily distributes its precision hand tools, saw and construction products through distributors or resellers both domestically and internationally. It principally serves the global manufacturing industry, including metalworking, construction, machinery, equipment, aerospace and automotive markets. |
| Financial Overview |
| For the 26 weeks ended 31 December 2023, L S Starrett Co revenues decreased 4% to $122.7M. Net income decreased 71% to $1.5M. Revenues reflect North American segment decrease of 29% to $54.4M, United States segment decrease of 54% to $33.1M, Brazil segment decrease of 46% to $20.2M, United Kingdom segment decrease of 52% to $3.1M. Net income also reflects North American segment loss totaling $868K vs. income of $6.2M. |
| Employees: | 1,529 as of Jun 30, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $127.84M as of Dec 31, 2023 |
| Annual revenue (TTM): | $251.66M as of Dec 31, 2023 |
| EBITDA (TTM): | $20.64M as of Dec 31, 2023 |
| Net annual income (TTM): | $19.43M as of Dec 31, 2023 |
| Free cash flow (TTM): | $14.91M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $1.82M as of Dec 31, 2023 |
| Shares outstanding: | 7,524,244 as of Apr 11, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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