Company Quick10K Filing
Southwest Iowa Renewable Energy
10-Q 2020-03-31 Filed 2020-05-22
10-Q 2019-12-31 Filed 2020-02-07
10-K 2019-09-30 Filed 2019-12-20
10-Q 2019-06-30 Filed 2019-08-07
10-Q 2019-03-31 Filed 2019-05-09
10-Q 2018-12-31 Filed 2019-02-14
10-K 2018-09-30 Filed 2018-12-14
10-Q 2018-06-30 Filed 2018-08-08
10-Q 2018-03-31 Filed 2018-05-09
10-Q 2017-12-31 Filed 2018-02-08
10-K 2017-09-30 Filed 2017-12-15
10-Q 2017-06-30 Filed 2017-08-03
10-Q 2017-03-31 Filed 2017-05-10
10-Q 2016-12-31 Filed 2017-02-08
10-K 2016-09-30 Filed 2016-12-16
10-Q 2016-06-30 Filed 2016-08-03
10-Q 2016-03-31 Filed 2016-05-12
10-Q 2015-12-31 Filed 2016-02-10
10-K 2015-09-30 Filed 2015-12-02
10-Q 2015-06-30 Filed 2015-08-12
10-Q 2015-03-31 Filed 2015-05-06
10-Q 2014-12-31 Filed 2015-02-11
10-K 2014-09-30 Filed 2014-12-04
10-Q 2014-06-30 Filed 2014-08-13
10-Q 2014-03-31 Filed 2014-05-06
10-Q 2013-12-31 Filed 2014-02-06
10-K 2013-09-30 Filed 2013-11-19
10-Q 2013-06-30 Filed 2013-08-14
10-Q 2013-03-31 Filed 2013-05-15
10-Q 2012-12-31 Filed 2013-02-14
10-K 2012-09-30 Filed 2012-12-19
10-Q 2012-06-30 Filed 2012-08-14
10-Q 2012-03-31 Filed 2012-05-01
10-Q 2011-12-31 Filed 2012-01-30
10-K 2011-09-30 Filed 2011-11-22
10-Q 2011-06-30 Filed 2011-08-05
10-Q 2011-03-31 Filed 2011-05-09
10-Q 2010-12-31 Filed 2011-02-09
10-K 2010-11-23 Filed 2010-11-23
10-Q 2010-06-30 Filed 2010-08-06
10-Q 2010-03-31 Filed 2010-05-11
10-Q 2009-12-31 Filed 2010-02-12
8-K 2020-05-22 Regulation FD, Exhibits
8-K 2020-05-22 Earnings, Exhibits
8-K 2020-05-15 Other Events
8-K 2020-02-13 Earnings, Exhibits
8-K 2019-12-31 Enter Agreement, Regulation FD, Exhibits
8-K 2019-12-13 Officers
8-K 2019-11-26 Regulation FD, Exhibits
8-K 2019-11-15 Regulation FD, Other Events, Exhibits
8-K 2019-11-08 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-09-04 Regulation FD, Exhibits
8-K 2019-08-16 Other Events
8-K 2019-08-07 Earnings, Exhibits
8-K 2019-05-10 Regulation FD, Exhibits
8-K 2019-05-09 Earnings, Exhibits
8-K 2019-03-21 Officers
8-K 2019-02-15 Regulation FD, Exhibits
8-K 2019-02-15 Shareholder Vote
8-K 2019-02-14 Earnings, Exhibits
8-K 2019-01-14 Regulation FD, Exhibits
8-K 2018-12-14 Earnings, Exhibits
8-K 2018-12-14 Regulation FD, Exhibits
8-K 2018-10-02 Regulation FD, Exhibits
8-K 2018-09-24
8-K 2018-09-18
8-K 2018-08-08 Earnings, Exhibits
8-K 2018-05-10 Regulation FD, Exhibits
8-K 2018-05-09 Earnings, Exhibits
8-K 2018-03-31 Officers
8-K 2018-02-16 Regulation FD, Exhibits
8-K 2018-02-16 Shareholder Vote
8-K 2018-02-08 Earnings, Exhibits
8-K 2018-01-22 Regulation FD, Exhibits
8-K 2018-01-16 Regulation FD, Exhibits

Southwest Iowa Renewable Energy Financials

SIRE Metrics, Comps, Filings

Quarterly | Annual

Business

The Company is an Iowa limited liability company located in Council Bluffs, Iowa, formed in March, 2005. The Company is permitted to produce 140 million gallons of ethanol. We began producing ethanol in February, 2009 and sell our ethanol, distillers grains, and corn oil in the United States, Mexico and the Pacific Rim.

Our production facility (the "Facility") is located in Pottawattamie County in southwestern Iowa, south of Council Bluffs. It is near two major interstate highways, I-29 and I-80, within a mile of the Missouri River and has access to five major rail carriers. This location is in close proximity to a significant amount of corn and has convenient product market access. The Facility receives corn and chemical deliveries primarily by truck and is able to utilize rail delivery if necessary. Finished products are shipped by

rail and truck. The site has access to water from ground wells and from the Missouri River. Additionally, in close proximity to the Facility's primary energy source (steam), there are two natural gas providers available, both with infrastructure immediately accessible to the Facility.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Equity

Income Statement ($MM Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($MM Quarterly)

Ops, Inv, Fin

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Stemcell Holdings (STMM) 113% -1.0 26% 12,033 6,023 7,314 8,235 3,099 4,927 -5,116
FCCC (FCCC) 1.5 -61% 92 3 0 0 -56 -56 -82
Tapinator (TAPM) 0% 0.1 -99% 1,783 952 4,323 0 -1,762 -1,762 -260
Nogales Resources (NLRT) 0% 1 188 0 0 0 0 -1
Golden Growers Cooperative (GGRO) -0% 0% 26,919 2,171 42,425 -45 0 0 -3,508
Northern Power Systems (NPS) 22% 0.4 -27% 8,927 13,901 18,317 4,050 -2,379 -1,701 -670
Twin River Worldwide (TRWH) 0% 4.0 4% 1,070,918 808,153 393,158 0 41,775 112,100 449,560
Bio-En (BENH) 0.1 -643% 10 149 0 0 -67 -67 -5
Southwest Iowa Renewable Energy (SIRE) -1% -47.3 -1% 140,863 51,558 216,993 -1,931 -1,170 -537 25,396
Texas Republic Capital (TRCC) 0% 8.9 -5% 26,315 14,988 931 0 -1,274 -1,274 -11,328
Fannie Mae (FNM) 28.1 0% 3,494,436,000 3,484,094,000 0 0 13,025,000 119,732,000 3,361,548,000
CBA Florida (CBAI) 43.6 -1% 14,544 598 0 0 -211 -261 -11,368
Pacific Gold & Royalty (PCFG) -7.1 0 3,799 0 -3 -238 -45 320
BoxScore Brands (BOXS) 33% -8.3 -540% 313 7,564 338 110 -1,690 -702 5,793
Quest Management (QUEST) 27% -0.3 129% 13 6 45 12 16 16 -5
Zhen Ding Resources (RBTK) 0.1 48,309,900% 0 0 -483 -68 -6
Hines Global REIT (HGRI) 0% 1.7 19% 2,010,946 999,520 205,149 0 388,366 421,651 715,767
Wadena (WDN) 0% 0.0 -2,344% 12 696 87 0 -281 -278 -5
Galera Therapeutics (GRTX) 1.3 -17% 79,758 52,298 0 0 -13,351 -12,433 -15,719
Chase General (CSGN) 26% -0.5 -2% 1,563 1,016 2,493 658 -32 13 -7

Balance Sheet ($'000)2011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash1,5946,90311,0077,35410,0738,2376,28512,39111,9309,73212,43715,42422,3453,5049,2673,1396,7503,0383,0302,9673,0223,0163,1391,3241,5021,4781,4872,4891,2751,2071,4401,0421,1011,0761,075
Accounts Receivable2963402243193353262681452713337226776487218015221,6705843485125464774706339381,4451,8261,1415057741,1359927521,3881,431
Inventory14,82413,64311,19812,44711,49412,34812,42712,22415,51917,7488,4459,7008,89612,80312,16111,1289,86815,30314,29812,98013,07313,4319,93712,94013,29412,86313,21413,17613,17613,54713,52613,65017,27819,84817,167
PP&E206,216206,315206,556206,772206,845207,247207,412207,308207,413207,767208,171208,310209,436210,104211,214212,555214,379214,042216,744217,369218,299220,298221,681222,456223,917227,114229,226229,454231,873232,772233,502233,926234,465239,261243,313
Assets221,392212,747210,710203,317199,224193,838192,383188,623190,833188,420178,426178,018187,451166,862166,786157,482159,309160,547154,476152,830155,138159,021152,236151,462150,282153,362148,829145,808145,689146,071142,631137,217138,832143,960140,863
Accounts Payable7311,1842,0911,5791,8381,7421,3661,1141,0151,3431,1301,7131,1211,9801,5751,4621,0141,4493,9107,8921,9932,0223,2957,1881,7302,7593,3877,4831,7232,2293,1839,4671,7692,9844,151
Long-Term Debt128,702127,155121,401132,096132,494131,127135,024140,073142,304136,249124,099111,464105,81366,47156,92433,89751,33945,88435,73329,57739,57141,51931,54420,55629,23028,13419,76612,53427,37326,52122,02312,79624,08529,31026,471
Liabilities171,031163,674161,986145,598146,492145,259145,321150,244154,878150,964136,829125,561115,84579,01965,90446,77264,83659,98353,16050,40854,94459,10049,15942,75344,03945,19036,83839,30040,01543,64239,44035,19342,22448,10351,558
Stockholders' Equity47,06276,48887,16587,165102,02489,305
Income Statement ($'000)2011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue79,43794,85396,53395,19790,22379,82097,97974,32779,19794,472102,19880,18682,97188,15868,23372,53655,47258,23555,87453,19954,12258,12857,87752,06556,07354,05257,57850,54653,55153,61157,28253,38253,19053,50556,916
Cost of Revenue76,55892,79293,21682,42680,08380,52896,41079,58078,32589,73395,42566,07251,37669,04553,99155,90356,38650,48655,48850,68454,92956,90149,64944,88252,58450,75252,76847,83853,19554,78254,96852,87853,56852,90359,575
Gross Profit2,8782,0623,31712,77110,140-7071,569-5,2538724,7396,77314,11431,59519,11314,24216,633-9147,7493862,515-8071,2278,2287,1833,4893,3004,8102,708356-1,1712,314504-378602-2,659
R&D
SG&A1,1589341,0641,3131,3961,0481,1551,0579409421,0361,2061,4151,3447591,3851,1301,2561,0721,2059641,1041,3151,1271,3311,0701,2591,3781,0561,8097291,5021,1741,0611,100
Tax
Net Income-674-1,287-3508,9956,296-4,153-1,518-8,683-2,4241,5014,12710,86019,1505,56013,0399,828-2,9106,0917521,106-2,228-2736,488-1,167-2-1
Cash Flow ($'000)2011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating12,40312,8057,1414,2031,003-3,8831,097-6924,22117,06015,76115,71720,97017,20717,2182,3421,90611,4486,413-9,0094514,8139,948-2,4814,26810,6348,462-6,9712,9195,4619,254-10,692-4536,889
Cash Investing-100-242-216-91-461-106-39-60-354-277-139-1,128-599-1,411-319-2,846-1633,423-320-930-1,999-1,383-775-1,484-3,196-2,257-228-2,419-2,135-730-424-539-4,796-4,052
Cash Financing-6,994-8,460-10,578-1,392-2,3772,0365,048291-6,065-14,078-12,635-7,668-39,212-10,033-23,0274,115-5,455-14,879-6,1569,9941,948-13,307-10,9884,143-1,096-8,368-7,2328,176-852-4,498-9,22811,2905,224-2,838