Growth For The Quarter Ended 2020-12-26
Winmark Corp does not report a very significant amount of sales growth. It is not beneficial. With that, market participants will appreciate WINA’s gross profit margin of 96%. Last year, the company showed sales of $66. 0618 million. WINA does not report large EBITDA growth. However, the company’s EBITDA ratio is equal to 60%. The numbers seem valuable.
Balance Sheet Statement As Of 2020-12-26
WINA shows $6 million in cash. As for me, I think that the company has a good amount of cash to conduct additional research and development and increase its marketing efforts. WINA has total investments worth $13 million. In my view, shareholders need to do their own DD about the company’s investments. The true value of the investments may be more stunning than its book value. The balance sheet shows deferred revenue of $1 million, which I like.
Deferred revenue represents a prepayment by WINA’s clients that have yet to be delivered. In summary, Winmark Corp receives money in advance of it being earned. Besides, Winmark Corp has positive working capital, which investors will like. It means that WINA can cover its short-term liabilities when they come due.
investors will perhaps carefully study WINA’s financial obligations. WINA’s short term debt is more significant than the cash in hand. As for me, I think that Winmark Corp may have to negotiate its debt soon. WINA’s debt to equity ratio is below 2x. In summary, the debt level appears to be under control. Note that Winmark Corp reports cash and cash equivalents of $6 million, and net debt of $15 million.
Quarterly Figures For The Quarter Ended 2020-12-26
In Q4 WINA reported quarterly sales of $16 million, and gross profit of $16 million. The gross profit margin was equal to 97%. Moreover, WINA is profitable, which is valuable. Winmark Corp released positive quarterly EBITDA of $10. 9778 million. In my experience, when more investors get to know the financial statistics of WINA, the stock demand will increase. WINA also released positive net income of $8. 0923 million. Taking this into account, many money managers will most likely have a look at WINA.
Institutional traders UBS ASSET MANAGEMENT AMERICAS, Western Standard LLC, and MORGAN STANLEY are Winmark Corp investors.
The following WINA’s insiders acquired or sold equity recently.WINA’s traders will most likely study this information:
+In 2021-04-09, director WILSON MARK L acquired equity of WINA.
+In 2021-04-09, director WILSON MARK L acquired stock of WINA.
+In 2021-04-09, director WILSON MARK L sold equity of WINA.
About Winmark Corp
Winmark Corp. engages in the franchising of five value-oriented retail store concepts that buy, sell and trade gently used merchandise; and also provides consulting and advisory services to new and emerging franchisors through Winmar Franchise Partners. The company is headquartered in Minneapolis, Minnesota and currently employs 107 full-time employees.
If you see an error, please contact the editor. We don’t own WINA’s shares, and this is our opinion. We do not offer a recommendation to buy or sell any stock.