Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2021
Where the money goes
Where each dollar of revenue went, fiscal 2021
- Cost of revenue88¢$8.8M
- Other costs11¢$1.1M
- Income tax2¢$156.3K
Out of $10.0M in revenue.2 The company lost money this year.
Financial statements
No quarterly figures reported.
| Fiscal year | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $19.8M4 | $18.1M5 | $11.7M6 | $10.5M6 | $11.1M7 | $9.5M8 | $9.0M2 | $10.0M2 |
| Cost of revenue | $15.6M4 | $14.8M5 | $10.0M6 | $9.2M9 | $9.6M7 | $8.8M8 | $8.1M2 | $8.8M2 |
| Gross profit | $4.2M4 | $3.3M5 | $1.6M6 | $1.3M9 | $1.6M7 | $696.5K8 | $853.6K2 | $1.2M2 |
| Operating expenses | $2.1M2 | |||||||
| Operating income | $1.2M4 | $1.3M5 | -$32.6K6 | $111.7K9 | $407.7K7 | -$710.3K8 | -$600.1K2 | -$919.8K2 |
| Interest | $35.8K4 | $5.5K5 | $5146 | |||||
| Income before tax | -$287.1K2 | |||||||
| Income tax | $437.5K4 | $470.7K5 | -$113.5K6 | $43.5K9 | $103.6K7 | -$201.1K8 | -$166.8K2 | -$156.3K2 |
| Net income | $714.4K4 | $812.4K5 | $90.4K6 | $73.4K9 | $310.2K7 | -$323.6K8 | -$408.4K2 | -$130.8K2 |
| Earnings per share | $0.144 | $0.165 | $0.026 | $0.019 | $0.067 | -$0.067 |
| Fiscal year | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|---|
| Cash | $1.8M5 | $3.7M6 | $2.7M9 | $4.5M7 | $4.7M8 | $2.7M2 | $2.6M2 | $1.7M2 |
| Receivables | $870.6K2 | |||||||
| Inventory | $4.7M2 | |||||||
| Current assets | $11.1M4 | $9.5M5 | $8.1M6 | $10.1M9 | $9.7M7 | $8.6M8 | $9.1M2 | $8.9M2 |
| Property, plant and equipment | $1.3M2 | |||||||
| Total assets | $12.9M4 | $11.1M5 | $9.6M6 | $11.5M9 | $11.0M7 | $10.1M8 | $10.5M2 | $10.4M2 |
| Accounts payable | $421.3K2 | |||||||
| Current liabilities | $4.8M4 | $2.3M5 | $816.1K6 | $2.6M9 | $1.9M7 | $1.3M8 | $1.4M2 | $2.0M2 |
| Long-term debt | $626.5K2 | $02 | ||||||
| Total liabilities | $5.0M4 | $2.3M5 | $816.1K6 | $2.6M9 | $1.9M7 | $1.3M8 | $2.0M2 | $2.0M2 |
| Retained earnings | $2.5M2 | |||||||
| Shareholders’ equity | $7.9M5 | $8.7M6 | $8.8M9 | $8.9M7 | $9.2M8 | $8.9M2 | $8.5M2 | $8.3M2 |
| Shares outstanding | 5.2M shares11 | 5.2M shares4 | 5.2M shares5 | 5.2M shares6 | 5.2M shares9 | 5.2M shares7 | 5.2M shares2 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | $2.0M4 | $2.7M5 | -$1.1M6 | $1.5M9 | $323.4K7 | -$770.8K8 | -$534.1K2 | -$603.5K2 |
| Depreciation and amortization | $224.5K2 | |||||||
| Capital spending | $105.3K4 | $208.7K5 | $478.2K6 | $30.5K9 | $131.6K7 | $244.6K8 | $183.0K2 | $279.3K2 |
| Free cash flow | $1.9M | $2.5M | -$1.6M | $1.5M | $191.7K | -$1.0M | -$717.1K | -$882.7K |
| Cash from investing | -$280.4K2 |
Corporate structure
INTERNATIONAL BALER CORP sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of INTERNATIONAL BALER CORP
- Avis Industrial Corp Filed SC 13D/A on INTERNATIONAL BALER CORP, latest Jun 1, 2022 (3 filings since Mar 29, 2022)
- INTERNATIONAL BALER CORP Jacksonville, Florida
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What INTERNATIONAL BALER CORP reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Land | $82.3K2 Oct 31, 2021 | $82.3K2 Oct 31, 2020 | 0% |
| Buildings and improvements | $1.4M2 Oct 31, 2021 | $1.4M2 Oct 31, 2020 | 0% |
| Machinery and equipment | $2.9M2 Oct 31, 2021 | $2.6M2 Oct 31, 2020 | +9.9% |
| Construction in progress | $85.0K2 Oct 31, 2021 | $64.9K2 Oct 31, 2020 | +30.8% |
| Property and equipment, before depreciation | $4.7M2 Oct 31, 2021 | $4.4M2 Oct 31, 2020 | +6.3% |
| Accumulated depreciation | $3.4M2 Oct 31, 2021 | $3.2M2 Oct 31, 2020 | +7.1% |
| Property and equipment, net | $1.3M2 Oct 31, 2021 | $1.3M2 Oct 31, 2020 | +4.3% |
Investments
Inventory
Leadership
Who has led INTERNATIONAL BALER CORP, and when. Pick a name to see everywhere that person has worked.
Chief financial officer
- Chief executive officerDavid Roger Griffin Oct 15, 2021 to Oct 15, 202112
- Chief executive officerMartha R. Songer Apr 10, 2020 to Apr 10, 202013
- Chief executive officerVictor W. Biazis Apr 15, 2020 to Apr 15, 202014
- PresidentMartha R. Songer Apr 10, 2020 to Apr 10, 202013
- PresidentVictor W. Biazis Apr 15, 2020 to Apr 15, 202014
- PresidentDavid Roger Griffin Jun 22, 2012 to Oct 15, 202115
- PresidentWilliam E. Nielsen Feb 27, 2007 to Apr 16, 200716
- Chief financial officerWilliam E. Nielsen Apr 8, 2011 to Feb 9, 201517
Board members and other officers (14)
- Vice PresidentDavid B. Wilhelmy Feb 28, 2007 to Feb 28, 200718
- Board memberRamesh Outram Apr 7, 2021 to Apr 7, 202119
- Board memberGregory L. King Oct 21, 2021 to Oct 21, 202120
- Board memberLael E. Boren Apr 10, 2020 to May 23, 202221
- Board memberMartha R. Songer Apr 10, 2020 to May 23, 202213
- Board memberRonald L. McDaniel Apr 10, 2020 to Apr 10, 202022
- Board memberMatthew M. Price Apr 27, 2012 to Apr 27, 201223
- Board memberDavid Roger Griffin Jun 22, 2012 to Nov 10, 201515
- Board memberJohn J. Martorana Mar 23, 2010 to May 23, 202224
- Board memberWilliam E. Nielsen Feb 27, 2007 to Feb 9, 201516
- Board memberDavid B. Wilhelmy Feb 28, 2007 to Feb 28, 200718
- Board memberLarita R. Boren Apr 13, 2006 to Aug 20, 200725
- Board memberLeland E. Boren Apr 13, 2006 to Aug 6, 201825
- Board memberRobert B. Roth Sr. May 24, 2006 to May 24, 200626
Former names
- WASTE TECHNOLOGY CORPSep 13, 1995 to May 12, 20093
Timeline
- May 31, 20228-K Completed an acquisition or sale; Change to shareholders' rights; Change in control27
- Mar 25, 20228-K Entered a material agreement28
- Dec 7, 20218-K Executive or director change; Shareholder vote29
- Oct 15, 2021New chief executive David Roger Griffin becomes CEO12
- Oct 15, 20218-K Executive or director change30
- Apr 15, 2020New chief executive Victor W. Biazis becomes CEO14
- Apr 10, 2020New chief executive Martha R. Songer becomes CEO13
Filings
25 filings to the SEC since October 2021: 1 annual reports, 1 quarterly reports, 4 major events, 7 insider forms, 3 large holders, 9 other. The latest 20:
- Jun 1, 2022SC 13D/A EDGAR
- Jun 1, 20224 OWNERSHIP DOCUMENT EDGAR
- May 31, 202215-12G EDGAR
- May 31, 20228-K EDGAR
- May 25, 2022SC 13D/A EDGAR
- May 23, 20224 EDGAR
- May 23, 20224 EDGAR
- May 23, 20224 EDGAR
- May 23, 20224 OWNERSHIP DOCUMENT EDGAR
- May 20, 2022SC 13E3/A EDGAR
- May 20, 2022SC 14D9/A EDGAR
- May 20, 2022SC TO-T/A SC TO-T EDGAR
- Apr 20, 2022SC 13E3 EDGAR
- Apr 20, 2022SC 14D9 EDGAR
- Apr 20, 2022SC TO-T EDGAR
- Mar 29, 2022SC 13D/A EDGAR
- Mar 25, 20228-K EDGAR
- Mar 14, 202210-Q EDGAR
- Feb 15, 202210-K EDGAR
- Jan 31, 2022NT 10-K EDGAR
The 25 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
4 open-market trades by officers, directors and large owners since October 2021: 1 buys and 3 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 19, 2022 | Songer Martha R.Director | Sale | 2,000 | $1.74 | $3.5K | Form 4 |
| May 19, 2022 | Boren Lael E.Director | Sale | 2,000 | $1.74 | $3.5K | Form 4 |
| May 19, 2022 | Martorana John JDirector | Sale | 20,000 | $1.74 | $34.8K | Form 4 |
| May 19, 2022 | Avis Industrial Corp10% owner | Buy | 613,766 | $1.74 | $1.1M | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Avis Industrial CorpSC 13D/A, 3 filings Mar 29, 2022 to Jun 1, 202231
Funding
Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.
- PPP loans $626.5K
Figures by year
| Year | PPP loans | Total |
|---|---|---|
| 2020 | $626.5K | $626.5K |
PPP loans
Paycheck Protection Program loans of $150,000 and up, approved April 2020 to July 2021, from the SBA32. Matched to this company by name and state.
- Apr 9, 2020$626.5K PPP loan (first draw) from First Merchants Bank32To INTERNATIONAL BALER CORPORATION, Jacksonville FL; $629.9K forgiven Nov 3, 2020
SEC filer profile
How INTERNATIONAL BALER CORP is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARINTERNATIONAL BALER CORP1
- CIK0000781902
- Employer ID (EIN)13-28420531
- Filer statusNon-accelerated filer<br>smaller reporting company<br>emerging growth company1
- Incorporated inDelaware1
- Fiscal year endsOctober 311
- Industry code (SIC)3569 General Industrial Machinery & Equipment, NEC1
- Business address5400 Rio Grande Ave, Jacksonville, FL 322051
- Mailing address5400 Rio Grande Avenue, Jacksonville, FL 322051
- Phone80023192861
- Shares outstanding5,183,894 as of Mar 14, 202210
- Public float$1.6M as of Apr 30, 20212
- On EDGAR sinceJun 13, 19951
- Filings419 in all: 4 (155), 10-Q (42), 10QSB (39), 8-K (30), DEF 14A (22), SC 13D/A (22), 10-K (14), 3 (13)1
All 34 form types
SC 13G/A (12), 10KSB (11), 4/A (8), UPLOAD (8), NT 10-K (6), 10QSB/A (5), CORRESP (4), SC 13D (4), SC 13G (4), 8-K/A (3), 10KSB40 (2), 10-C (1), 10KSB/A (1), 15-12G (1), 3/A (1), DEFA14A (1), NT 10-Q (1), PRE 14A (1), S-8 (1), SC 13E3 (1), SC 13E3/A (1), SC 14D9 (1), SC 14D9/A (1), SC TO-I (1), SC TO-T (1), SC TO-T/A (1)
- Latest filingsAnnual report (10-K) Feb 15, 2022
Quarterly report (10-Q) Mar 14, 2022
Proxy statement (DEF 14A) Oct 29, 2021
Latest 8-K (8-K) May 31, 2022
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
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- 5
- 6
- 7
- 8
- 9
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- 13
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- 15SEC EDGARDavid Roger Griffin, President
- 16SEC EDGARWilliam E. Nielsen, President
- 17
- 18SEC EDGARDavid B. Wilhelmy, Vice President
- 19SEC EDGARRamesh Outram, Board member
- 20SEC EDGARGregory L. King, Board member
- 21SEC EDGARLael E. Boren, Board member
- 22SEC EDGARRonald L. McDaniel, Board member
- 23SEC EDGARMatthew M. Price, Board member
- 24SEC EDGARJohn J. Martorana, Board member
- 25SEC EDGARLarita R. Boren, Board member
- 26SEC EDGARRobert B. Roth Sr., Board member
- 27
- 28SEC EDGAREntered a material agreement
- 29
- 30SEC EDGARExecutive or director change
- 31
- 32