Stocks MAYS Financial statements
Financial statementsMAYS J W INC financial statements
Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data MAYS J W INC 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 | 18.6 | 19.5 | 19.3 | 21.1 | 19.5 | 20.2 | 21.4 | 22.6 | 21.6 | 22.5 |
| Cost of revenue | 10.1 | 10.2 | 11.1 | 11.2 | ||||||
| Gross profit | 8.5 | 9.34 | 8.23 | 9.91 | ||||||
| General and administrative | 4.33 | 4.62 | 4.6 | 5.47 | 5.09 | 4.96 | 5.65 | 5.28 | 5.34 | 5.17 |
| Operating expenses | 16 | 16.5 | 17.4 | 19.3 | 20.8 | 21.1 | 22.1 | 22.4 | 22.2 | 22.6 |
| Operating income | 2.53 | 3.04 | 1.85 | 1.82 | -1.24 | -0.84 | -0.66 | 0.22 | -0.62 | -0.15 |
| Interest expense | 0.25 | 0.23 | 0.23 | 0.2 | 0.2 | 0.27 | 0.25 | 0.23 | 0.22 | 0.15 |
| Interest income | 0.01 | 0.01 | 0.03 | 0.06 | 0.02 | 0 | 0.17 | 0.1 | 0.09 | 0.03 |
| Other non-operating income | -0.22 | -0.13 | -0.12 | 0.29 | -0.02 | 1.08 | -0.35 | -0.37 | 0.08 | -0.04 |
| Pre-tax income | 2.31 | 2.91 | 1.73 | 2.1 | -1.26 | 0.24 | -1 | -0.14 | -0.54 | -0.2 |
| Income tax | 0.8 | 0.98 | -1.24 | 0.59 | -0.36 | -0.16 | -0.29 | -0.06 | -0.14 | -0.06 |
| Net income | 1.52 | 1.93 | 2.97 | 1.51 | -0.91 | 0.4 | -0.71 | -0.08 | -0.41 | -0.14 |
| EBITDA | 4.17 | 4.72 | 3.63 | 3.78 | 0.42 | 0.95 | 1.09 | 1.91 | 1.11 | 1.65 |
| EPS, basic | 0.75 | 0.96 | 1.48 | 0.75 | -0.45 | 0.20 | -0.35 | -0.04 | -0.20 | -0.07 |
| EPS, diluted | 0.75 | 0.96 | 1.48 | 0.75 | -0.45 | 0.20 | -0.35 | -0.04 | -0.20 | -0.07 |
| Shares, basic (weighted) | 2.02 | 2.02 | 2.02 | 2.02 | 2.02 | 2.02 | 2.02 | 2.02 | 2.02 | 2.02 |
| Shares, diluted (weighted) | 2.02 | 2.02 | 2.02 | 2.02 | 2.02 | 2.02 | 2.02 | 2.02 | 2.02 | 2.02 |
Balance sheet
| FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 5.23 | 5.38 | 5.26 | 4.12 | 3.26 | 1.55 | 1.02 | 1.22 | 1.24 | 0.75 |
| Receivables | 0.29 | 0.16 | 0.25 | 0.4 | 2.22 | 2.42 | 2.77 | 3.04 | 3.58 | 3.96 |
| Other current assets | 1.55 | 1.68 | 1.95 | 2.17 | 2.39 | 2.38 | 2.63 | 2.77 | 3.05 | 3.29 |
| Total current assets | 7.09 | 7.24 | 7.57 | 6.87 | ||||||
| Property, plant and equipment | 49.1 | 49.5 | 50.8 | 53.1 | 47.6 | 48.1 | 48.1 | 47.4 | 48.2 | 48.8 |
| Lease right-of-use assets | 27.1 | 37.1 | 34.6 | 32.1 | 30.9 | 28.9 | 26.8 | |||
| Long-term investments | 2.06 | 2.82 | 3.14 | 3.58 | ||||||
| Total assets | 63.5 | 64.8 | 66.6 | 68.8 | 100 | 97.5 | 94 | 91.9 | 89.5 | 88 |
| Accounts payable | 0.08 | 0.08 | 0.07 | 0.03 | ||||||
| Accrued liabilities | 2.15 | 2.52 | 2.1 | 2.43 | ||||||
| Deferred revenue | 1.02 | |||||||||
| Short-term debt | 0.16 | 0.16 | 0.17 | 5.29 | ||||||
| Total current liabilities | 4.42 | 2.78 | 2.46 | 7.95 | ||||||
| Total liabilities | 15.6 | 14.8 | 13.5 | 14.2 | 46.7 | 43.4 | 40.6 | 38.6 | 36.6 | 35.3 |
| Total debt | 0.16 | 0.16 | 0.17 | 5.29 | 8.8 | 7.65 | 6.36 | 5.14 | 3.87 | 3.24 |
| Paid-in capital | 3.35 | 3.35 | 3.35 | 3.35 | 3.35 | 3.35 | 3.35 | 3.35 | 3.35 | 3.35 |
| Retained earnings | 43.5 | 45.4 | 48.4 | 50.4 | 49.5 | 49.9 | 49.2 | 49.1 | 48.7 | 48.5 |
| Treasury stock | -1.29 | -1.29 | -1.29 | -1.29 | -1.29 | -1.29 | -1.29 | -1.29 | -1.29 | -1.29 |
| Shareholders' equity | 48 | 50 | 53.1 | 54.6 | 53.7 | 54.1 | 53.4 | 53.3 | 52.9 | 52.8 |
| Total equity | 48 | 50 | 53.1 | 54.6 | 53.7 | 54.1 | 53.4 | 53.3 | 52.9 | 52.8 |
| Total liabilities and equity | 63.5 | 64.8 | 66.6 | 68.8 | 100 | 97.5 | 94 | 91.9 | 89.5 | 88 |
| Shares outstanding | 2.02 | 2.02 |
Cash flow statement
| FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 1.52 | 1.93 | 2.97 | 1.51 | -0.91 | 0.4 | -0.71 | -0.08 | -0.41 | -0.14 |
| Depreciation and amortization | 1.64 | 1.68 | 1.78 | 1.96 | 1.66 | 1.79 | 1.74 | 1.69 | 1.73 | 1.8 |
| Deferred income tax | 0.73 | 0.97 | -1.25 | 0.59 | -0.36 | -0.16 | -0.29 | -0.06 | -0.14 | -0.06 |
| Change in receivables | 0.35 | 0.13 | -0.09 | -0.14 | -0.39 | -0.43 | -0.71 | -0.19 | -0.52 | -0.42 |
| Change in payables | 0.04 | -0 | -0 | -0.04 | 0.81 | -0.14 | -0.31 | -0.6 | 0.55 | 0.62 |
| Cash from operations | 3.96 | 3.98 | 3.23 | 2.96 | 1.57 | 1.07 | 1.69 | 2.22 | 1.43 | 2.52 |
| Capital expenditures | -2.51 | -2.1 | -3.08 | -4.3 | -6.36 | -2.25 | -1.73 | -1.05 | -2.48 | -2.39 |
| Purchases of investments | -0.85 | -0.85 | -0.35 | -0.33 | -0.72 | -0.6 | -0.12 | -0.06 | -0.12 | |
| Sales and maturities of investments | 0.31 | 0.28 | 0.27 | 0.22 | 0.62 | 0.96 | 1 | 0.29 | 2.54 | |
| Cash from investing | -2.79 | -2.81 | -3.17 | -4.41 | -6.46 | -1.89 | -0.86 | -0.82 | -0.06 | -2.39 |
| Debt issued | 4.87 | |||||||||
| Debt repaid | -0.15 | -1.16 | -0.16 | -0.17 | -0.6 | -1.15 | -1.2 | -1.25 | -1.31 | -0.66 |
| Cash from financing | -0.03 | -1.02 | 0.14 | -0.17 | 4.03 | -1.15 | -1.2 | -1.25 | -1.31 | -0.66 |
| Net change in cash | 1.14 | 0.15 | -0.13 | -1.62 | -0.86 | -1.97 | -0.36 | 0.15 | 0.07 | -0.53 |
| Free cash flow | 1.45 | 1.88 | 0.14 | -1.33 | -4.79 | -1.19 | -0.04 | 1.18 | -1.05 | 0.13 |
| Interest paid | 0.22 | 0.21 | 0.21 | 0.12 | 0.15 | 0.27 | 0.26 | |||
| Income taxes paid | -0.37 | 0.21 | 0.04 | -0.02 | -0.02 | 0.26 | 0.23 | 0.14 | 0.07 |
Key metrics
Profitability
| Metric | Value | How it is calculated |
|---|---|---|
| Operating margin | -7.7% | Operating income / revenue. |
| EBITDA margin | 1.0% | EBITDA (operating income + depreciation and amortization) / revenue. |
| Pre-tax margin | -7.6% | Pre-tax income / revenue. |
| Net margin | -5.4% | Net income / revenue. |
| FCF margin | -14.0% | Free cash flow (cash from operations - capital expenditures) / revenue. |
| Operating cash flow margin | 8.4% | Cash from operations / revenue. |
| Return on equity (ROE) | -2.2% | Net income / average shareholders' equity (opening and closing). Not shown when equity is negative. |
| Return on assets (ROA) | -1.3% | Net income / average total assets. |
| Return on invested capital (ROIC) | -2.4% | Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%. |
| Capex / revenue | 22.5% | Capital expenditures / revenue. |
| D&A / revenue | 8.7% | Depreciation and amortization / revenue. |
Growth
| Metric | Value | How it is calculated |
|---|---|---|
| Revenue growth, 1y | 4.1% | Revenue vs the same period a year earlier. Only from a positive base. |
| Revenue CAGR, 3y | 1.6% | Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Revenue CAGR, 5y | 2.8% | Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| EBITDA growth, 1y | 48.9% | EBITDA vs the same period a year earlier. Only from a positive base. |
| EBITDA CAGR, 3y | 14.9% | Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| EBITDA CAGR, 5y | 31.3% | Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Operating cash flow growth, 1y | 75.7% | Operating cash flow vs the same period a year earlier. Only from a positive base. |
| Operating cash flow CAGR, 3y | 14.3% | Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Operating cash flow CAGR, 5y | 9.9% | Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Book value growth, 1y | -0.3% | Book value vs the same period a year earlier. Only from a positive base. |
| Book value CAGR, 3y | -0.4% | Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Book value CAGR, 5y | -0.4% | Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Total assets growth, 1y | -1.6% | Total assets vs the same period a year earlier. Only from a positive base. |
| Total assets CAGR, 3y | -2.2% | 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 | -2.6% | Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Share count change, 1y | 0.0% | Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution. |
| Share count change per year, 3y | 0.0% | Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution. |
| Share count change per year, 5y | 0.0% | Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution. |
Balance sheet health
| Metric | Value | How it is calculated |
|---|---|---|
| Debt / equity | 0.12x | Total debt / shareholders' equity. Not shown when equity is negative. |
| Debt / assets | 6.9% | Total debt / total assets. |
| Liabilities / assets | 42.7% | Total liabilities / total assets. |
| Net debt | $4.1M | Total debt - cash - short-term investments. Negative means more cash than debt. |
| Net debt / EBITDA | 19.6x | Net debt / EBITDA (twelve months), when EBITDA is positive. |
| Interest coverage | -10.5x | Operating income / interest expense. |
| Tangible book value | $51.7M | Shareholders' equity - goodwill - intangible assets. |
Efficiency
| Metric | Value | How it is calculated |
|---|---|---|
| Asset turnover | 0.24x | Revenue / average total assets. |
| Fixed asset turnover | 0.42x | Revenue / average property, plant and equipment. |
| Receivables turnover | 5.43x | Revenue / average receivables. |
| Days sales outstanding | 67 days | 365 x average receivables / revenue. |
| Capex / operating cash flow | 266.6% | Capital expenditures / cash from operations, when that is positive. |
Per share
| Metric | Value | How it is calculated |
|---|---|---|
| EPS, diluted | -$0.57 | Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS. |
| Revenue per share | $10.63 | Revenue / diluted weighted shares. |
| FCF per share | -$1.49 | Free cash flow / diluted weighted shares. |
| Operating cash flow per share | $0.90 | Cash from operations / diluted weighted shares. |
| Book value per share | $25.65 | Shareholders' equity / shares outstanding (diluted weighted shares when not reported). |
| Tangible book per share | $25.65 | Tangible book value / shares outstanding. |
| Cash per share | $1.05 | (Cash + short-term investments) / shares outstanding. |
Valuation
| Metric | Value | How it is calculated |
|---|---|---|
| Market cap | $80.6M | Share price x shares outstanding. |
| Enterprise value | $84.7M | Market cap + total debt - cash - short-term investments. |
| P/S | 3.76x | Market cap / revenue. |
| P/B | 1.56x | Market cap / shareholders' equity. Only when equity is positive. |
| Price / tangible book | 1.56x | Market cap / tangible book value, when positive. |
| P/OCF | 44.6x | Market cap / cash from operations, when positive. |
| EV/Sales | 3.95x | Enterprise value / revenue. |
| EV/EBITDA | 407x | Enterprise value / EBITDA, when both are positive. |
| FCF yield | -3.7% | Free cash flow / market cap. |
| Earnings yield | -1.4% | Net income / market cap (the inverse of P/E). |
What was MAYS J W INC's revenue in fiscal 2025?
MAYS J W INC reported revenue of $22.5M for fiscal 2025, 4.1% higher than the year before.
Was MAYS J W INC profitable in fiscal 2025?
No. It reported a net loss of $136.2K.
How much free cash flow did MAYS J W INC generate in fiscal 2025?
Cash from operations of $2.5M minus capital expenditures of $2.4M left free cash flow of $128.3K.