Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Golden Growers Cooperative files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
52.1
49.9
50.1
54.3
50.6
89.6
107
88
62
62.3
Cost of revenue
52.2
50
50.2
54.3
50.6
89.6
107
88.3
62
62.3
Gross profit
-0.11
-0.07
-0.05
-0.04
-0.04
-0.04
-0.04
-0.26
-0.04
-0.01
General and administrative
0.57
0.57
0.54
0.57
0.5
0.49
0.54
0.62
0.61
0.67
Operating income
4.7
9.15
6.34
7.05
5.39
7.89
6.17
5.21
5.6
5.78
Interest income
0.01
0.03
0.08
Pre-tax income
4.7
9.18
6.42
7.24
5.58
8.03
6.68
5.33
Income tax
0
0
0
0
0
0
0
0
0
0
Net income
7.24
5.58
8.03
6.68
5.33
EBITDA
4.7
9.15
EPS, basic
0.30
0.59
0.41
0.47
0.36
0.52
0.43
EPS, diluted
0.30
0.59
0.41
0.47
0.36
0.52
0.43
Balance sheet
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
2.79
6.26
2.4
3.23
3.55
1.6
2.15
2.1
1.31
1.2
Short-term investments
0.22
0.22
2.76
1.81
3.44
4.29
4.72
4.55
7.33
4.64
Receivables
0.22
0.22
0.22
0.22
0.23
Other current assets
0.34
0.22
0.24
0.28
0.26
0.26
0.31
0.32
0.3
0.28
Total current assets
3.35
6.7
5.41
5.31
7.24
6.14
7.17
6.96
8.93
6.11
Property, plant and equipment
0
Long-term investments
2.16
1.74
Total assets
23.8
26.5
26
26.6
26
28
27.9
26.8
24.9
20.3
Accounts payable
0
0.01
0
0
0
0
Accrued liabilities
0.22
0.22
0.21
0.21
0.2
0.2
0.21
0.42
0.2
0.19
Total current liabilities
0.22
0.23
0.21
0.21
0.2
0.21
0.21
0.42
0.2
0.19
Total liabilities
0.42
Other comprehensive income
-0.27
0.03
0.04
-0.01
Total liabilities and equity
23.8
26.5
26
26.6
26
28
27.9
26.8
24.9
20.3
Cash flow statement
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
7.24
5.58
8.03
6.68
5.33
Depreciation and amortization
0
0
Change in payables
-0.02
0
-0.01
-0
-0.01
-0
-0.22
0.22
0.02
Cash from operations
-0.75
-0.47
-0.54
-0.46
-0.35
-0.38
-0.41
-0.28
-0.4
-0.4
Purchases of investments
-0.15
-0.12
-2.04
-2.31
-8.8
-6.54
Cash from investing
10.7
10.5
3.52
7.98
6.87
4.47
7.47
7.05
7.35
11
Cash from financing
-9.45
-6.55
-6.83
-6.69
-6.2
-6.04
-6.51
-6.82
-7.75
-10.7
Net change in cash
0.52
3.47
-3.86
0.83
0.32
-1.95
0.55
-0.05
-0.79
-0.11
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $5.00 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
-0.0%
Gross profit / revenue.
Operating margin
9.7%
Operating income / revenue.
Operating cash flow margin
-0.8%
Cash from operations / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
0.5%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
-16.6%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y
4.3%
Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y
3.2%
Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y
-2.2%
Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income CAGR, 5y
1.4%
Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y
-18.5%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-10.0%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
-4.8%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
204x
Current assets / current liabilities.
Quick ratio
200x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
200x
(Cash + short-term investments) / current liabilities.
Working capital
$2.4M
Current assets - current liabilities.
Efficiency
Metric
Value
How it is calculated
Asset turnover
3.70x
Revenue / average total assets.
Valuation
Metric
Value
How it is calculated
Market cap
$77.5M
Share price x shares outstanding.
Enterprise value
$75.1M
Market cap + total debt - cash - short-term investments.
P/S
1.32x
Market cap / revenue.
EV/Sales
1.28x
Enterprise value / revenue.
EV/EBIT
13.2x
Enterprise value / operating income, when both are positive.
What was Golden Growers Cooperative's revenue in fiscal 2025?
Golden Growers Cooperative reported revenue of $62.3M for fiscal 2025, 0.5% higher than the year before.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.