Company Quick10K Filing
Steel Partners Holdings
10-Q 2020-03-31 Filed 2020-05-07
10-K 2019-12-31 Filed 2020-02-28
10-Q 2019-09-30 Filed 2019-11-12
10-Q 2019-06-30 Filed 2019-08-08
10-Q 2019-03-31 Filed 2019-05-02
10-K 2018-12-31 Filed 2019-03-01
10-Q 2018-09-30 Filed 2018-11-01
10-Q 2018-06-30 Filed 2018-08-07
10-Q 2018-03-31 Filed 2018-05-04
10-K 2017-12-31 Filed 2018-03-09
10-Q 2017-09-30 Filed 2017-11-07
10-Q 2017-06-30 Filed 2017-08-08
10-Q 2017-03-31 Filed 2017-05-09
10-K 2016-12-31 Filed 2017-03-14
10-Q 2016-09-30 Filed 2016-11-07
10-Q 2016-06-30 Filed 2016-08-04
10-Q 2016-03-31 Filed 2016-05-05
10-K 2015-12-31 Filed 2016-03-11
10-Q 2015-09-30 Filed 2015-11-05
10-Q 2015-06-30 Filed 2015-08-06
10-Q 2015-03-31 Filed 2015-05-11
10-K 2014-12-31 Filed 2015-03-16
10-Q 2014-09-30 Filed 2014-11-06
10-Q 2014-06-30 Filed 2014-08-07
10-Q 2014-03-31 Filed 2014-05-09
10-K 2013-12-31 Filed 2014-03-12
10-Q 2013-09-30 Filed 2013-11-07
10-Q 2013-06-30 Filed 2013-08-08
10-Q 2013-03-31 Filed 2013-05-10
10-K 2012-12-31 Filed 2013-03-21
10-Q 2012-09-30 Filed 2012-11-14
10-Q 2012-06-30 Filed 2012-08-14
10-Q 2012-03-31 Filed 2012-05-15
10-K 2011-12-31 Filed 2012-03-26
8-K 2020-05-18 Other Events, Exhibits
8-K 2020-05-18 Shareholder Vote
8-K 2020-05-07 Earnings, Exhibits
8-K 2020-04-30 Officers, Officers, Officers, Exhibits
8-K 2020-04-15 Officers, Regulation FD, Exhibits
8-K 2020-03-25 Off-BS Arrangement, Regulation FD, Exhibits
8-K 2020-03-18 Other Events, Exhibits
8-K 2020-03-10 Officers, Officers, Exhibits
8-K 2020-02-28 Earnings, Regulation FD, Exhibits
8-K 2020-02-20 Amend Bylaw, Shareholder Vote, Exhibits
8-K 2020-02-14 Other Events, Exhibits
8-K 2020-01-31 Enter Agreement, Off-BS Arrangement, Regulation FD, Exhibits
8-K 2020-01-15 Amend Bylaw, Exhibits
8-K 2019-12-23 Enter Agreement, Off-BS Arrangement, Other Events, Exhibits
8-K 2019-11-14 Officers, Other Events, Exhibits
8-K 2019-11-12 Earnings, Exhibits
8-K 2019-08-15 Other Events, Exhibits
8-K 2019-08-08 Earnings, Exhibits
8-K 2019-05-17 Shareholder Vote
8-K 2019-05-17 Other Events, Exhibits
8-K 2019-05-02 Earnings, Exhibits
8-K 2019-04-08 Regulation FD, Exhibits
8-K 2019-03-11 Officers, Officers, Officers, Exhibits
8-K 2019-02-28 Earnings, Exhibits
8-K 2019-02-15 Other Events, Exhibits
8-K 2019-01-31 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-11-15 Other Events, Exhibits
8-K 2018-11-01 Earnings, Exhibits
8-K 2018-08-15 Other Events, Exhibits
8-K 2018-08-07 Earnings, Exhibits
8-K 2018-08-03 Accountant, Exhibits
8-K 2018-07-25 Regulation FD, Exhibits
8-K 2018-06-27 Sale of Shares
8-K 2018-05-24 Shareholder Vote
8-K 2018-05-16 Other Events, Exhibits
8-K 2018-05-07 Earnings, Exhibits
8-K 2018-04-27 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-04-13 Officers
8-K 2018-03-15 Regulation FD, Exhibits
8-K 2018-03-12 Regulation FD, Exhibits
8-K 2018-03-09 Earnings, Exhibits
8-K 2018-03-05 Regulation FD, Exhibits
8-K 2018-02-15 Other Events, Exhibits
8-K 2017-12-15 Enter Agreement, M&A, Exhibits

Steel Partners Holdings Financials

SPLP Metrics, Comps, Filings

Quarterly | Annual

Business

SPLP is a diversified global holding company that owns and operates businesses and has significant interests in leading companies in various industries, including diversified industrial products, energy, defense, supply chain management and logistics, banking and youth sports. SPLP operates through the following segments: Diversified Industrial, Energy, Financial Services, and Corporate and Other. Each of our companies has its own management team with significant experience in their industries. Our subsidiary, Steel Services Ltd ("Steel Services"), through management services agreements, provides services to us and some of our companies which include assignment of C-Level management personnel, legal, tax, accounting, treasury, consulting, auditing, administrative, compliance, environmental health and safety, human resources, marketing, investor relations, operating group management and other similar services. We work with our businesses to increase corporate value over the long term for all stakeholders by implementing our unique strategy discussed in more detail below.

The Diversified Industrial segment is comprised of manufacturers of engineered niche industrial products, with leading market positions in many of the markets they serve. The businesses in this segment distribute products to customers through their sales personnel, outside sales representatives and distributors in North and South America, Europe, Australia, Asia and several other international markets. Below is additional information related to the businesses within the Diversified Industrial segment.

Joining Materials - The Joining Materials business primarily fabricates precious metals and their alloys into brazing alloys. Brazing alloys are used to join similar and dissimilar metals, as well as specialty metals and some ceramics, with strong, hermetic joints. The Joining Materials business offers these metal joining products in a wide variety of alloys, including gold, silver, palladium, copper, nickel, aluminum and tin. These brazing alloys are fabricated into a variety of engineered forms and are used in many industries, including electrical, appliance, transportation, construction and general industrial, where dissimilar material and metal joining applications are required. Operating income from precious metal products is principally derived from the "value-added" of processing and fabricating and not from the direct purchase and resale of precious metals. The Joining Materials business enters into commodity futures and forward contracts to mitigate the impact of price fluctuations on its precious and certain non-precious


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Conformis (CFMS) 128 48% -4.3 -45% 73 53 80 38 -33 -27 118
Northern Technologies International (NTIC) 230 32% 26.6 11% 66 10 57 18 7 8 225
Lakeland Industries (LAKE) 96 34% 15.9 2% 99 15 80 27 2 6 88
Shiloh Industries (SHLO) 95 9% 7.8 -3% 652 484 1,055 91 -20 42 329
Virco Manufacturing (VIRC) 67 39% 4.8 5% 140 75 164 65 7 17 80
Alpha Pro Tech (APT) 49 37% 11.9 7% 38 5 36 13 3 4 44
Milestone Scientific (MLSS) 47 69% -10.0 -75% 6 8 6 4 -5 -5 45
Hudson Technologies (HDSN) 29 10% -18.2 -11% 204 149 162 15 -23 -6 116
Rewalk Robotics (RWLK) 23 54% -0.8 -42% 28 14 4 2 -12 -12 9
Histogenics (HSGX) 21 -1.0 -134% 11 21 0 0 -15 -15 15
Nanovibronix (NAOV) 19 69% -3.7 -150% 3 1 0 0 -5 -5 17
Precision Therapeutics (AIPT) 13 72% 105.9 0% 5 2 1 1 0 0 13
Myomo (MYO) 13 73% -1.1 -131% 6 2 2 2 -8 -8 9
Industrial Services of America (IDSA) 9 1% -9.3 -13% 25 17 42 0 -3 -2 16
Allied Healthcare Products (AHPI) 9 17% -10.1 -10% 15 4 32 5 -1 -1 8
BRP (DOOO)
Steel Partners Holdings (SPLP) 32% 2.0 1% 2,346 1,828 1,198 388 34 151 302
XPEL (XPEL) 35% -0.7 16% 47 17 66 23 8 10 -7
Predictive Oncology (POAI) 62% 0.0 -8% 32 11 1 1 -3 -2 -0
Ocugen (OCGN) 0.4 -150% 24 37 0 -1 -35 -35 -14

Balance Sheet ($MM)2012-03-312012-06-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash171237198169204241204172170164189199214251186154367328450382338296419336338303347226206112
Accounts Receivable12885104117109971181351258696131137112130
Inventory58585360686967778576647493113102108130128119129131140143160159164159167163161
PP&E130212229234233234272279289294262266315362370375262264414254264267463303301297535294291288
Assets1,1991,4091,3781,3941,4421,4531,5221,5261,5561,5511,4931,5571,6331,6691,6851,7071,8811,9341,9671,9741,9922,0962,1642,2212,3422,3142,3562,3532,4592,346
Accounts Payable5057394545443950595335436770607591918996104112105124125118106127114107
Long-Term Debt138130153149186236249264289337316242257292238230374422393398388376413472496481479485454414
Liabilities6656186025926316666496707367818297608419299449661,1371,1811,2631,3151,3191,3511,5971,6621,7861,7801,8371,8231,9371,828
Stockholders' Equity465540527544563546617602569553495582573523558566579586549589596663546537549534516527519514
Income Statement ($MM)2012-03-312012-06-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue186227175193228211193214255259199215252276255247282317319323358355335366434405387414396
Cost of Revenue12914613315214513615118017784132168196174171198222225229247247235262299285267279264
Gross Profit578161766657637582115838381817684959495111108100104135121120135133
R&D
SG&A424751515559545149366051576361647484917980898888898810282
Tax217387310101108413-103468671010318231514
Net Income50-72-822-1131-122121-1910611-126021013-15-31611-14-914-61621-3
Cash Flow ($MM)2012-03-312012-06-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating128-6234929-18182849-26-533-16-791831873-51-15-3181-211643379
Cash Investing2964-21-1-48-101-2510-26-229828-44-1721-78-1073-3-27-57-86-118-121-67-78-118-10
Cash Financing3-6-212373511-32-7-2-60-849-32271085046-14-34612840109-10-8190-93