Company Quick10K Filing
Sterling Consolidated
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 47 $5
10-Q 2020-01-10 Quarter: 2019-09-30
10-Q 2020-01-08 Quarter: 2019-06-30
10-Q 2019-05-29 Quarter: 2019-03-31
10-K 2019-04-16 Annual: 2018-12-31
10-Q 2018-11-19 Quarter: 2018-09-30
10-Q 2018-08-20 Quarter: 2018-06-30
10-Q 2018-05-21 Quarter: 2018-03-31
10-K 2018-04-17 Annual: 2017-12-31
10-Q 2017-11-20 Quarter: 2017-09-30
10-Q 2017-08-18 Quarter: 2017-06-30
10-Q 2017-05-15 Quarter: 2017-03-31
10-K 2017-04-17 Annual: 2016-12-31
10-Q 2017-01-20 Quarter: 2016-09-30
10-Q 2016-12-16 Quarter: 2016-06-30
10-Q 2016-12-02 Quarter: 2016-03-31
10-K 2016-08-12 Annual: 2015-12-31
10-Q 2015-11-16 Quarter: 2015-09-30
10-Q 2015-08-19 Quarter: 2015-06-30
10-Q 2015-05-21 Quarter: 2015-03-31
10-K 2015-04-22 Annual: 2014-12-31
10-Q 2014-11-19 Quarter: 2014-09-30
10-Q 2014-08-15 Quarter: 2014-06-30
10-Q 2014-05-20 Quarter: 2014-03-31
10-K 2014-04-15 Annual: 2013-12-31
10-Q 2013-11-19 Quarter: 2013-09-30
10-Q 2013-08-14 Quarter: 2013-06-30
10-Q 2013-05-15 Quarter: 2013-03-31
10-K 2013-04-16 Annual: 2012-12-31
8-K 2019-04-12 Accountant, Exhibits
8-K 2019-01-17 Enter Agreement, Regulation FD, Exhibits
8-K 2019-01-03 Enter Agreement, Regulation FD, Exhibits
8-K 2018-12-26 Enter Agreement, Regulation FD, Exhibits
8-K 2018-10-12 Regulation FD, Exhibits
8-K 2018-09-17 Enter Agreement, Regulation FD, Exhibits
8-K 2018-02-14 Regulation FD, Exhibits
8-K 2017-01-29 Other Events, Exhibits

Sterling Consolidated Financials

STCC Metrics, Comps, Filings

Annual | Quarterly

Business

We were incorporated in the State of Nevada as Oceanview Acquisition Corp on January 31, 2011. On May 18, 2012, we amended our Articles of Incorporation to change our name to Sterling Consolidated Corp (the “Company”). We are a holding company, and all of our operations are conducted through our four subsidiaries: Sterling Seal & Supply, Inc. (“Sterling Seal”), ADDR Properties, LLC (“ADDR”), Q5 Ventures, LLC (“Q5”), and Integrity Cargo Freight Corporation (“Integrity”). In June 2012, these four entities became subsidiaries of the Company through an Equity Exchange Agreement by which the shareholders of Sterling Seal, ADDR, Q5, and Integrity became shareholders of the Company and in exchange the Company received all of the authorized and outstanding shares of Sterling Seal, ADDR, Q5, and Integrity. We issued a total of 33,817,040 shares of our common stock to the shareholders of Sterling Seal, ADDR, Q5 and Integrity.

Sterling Consolidated Corp. conducts its entire business through its four subsidiaries. Each subsidiary is responsible for a specific business function of the Company. For clarity, an organizational chart of the Company is provided below.

Our largest subsidiary is Sterling Seal, a New Jersey corporation which was incorporated in 1997. Its predecessor was Sterling Plastic & Rubber Products, Inc., which was incorporated in New Jersey and was founded in 1970. Sterling Seal engages primarily in the distribution and sale of O-rings, rubber seals, oil seals, custom molded rubber parts, custom Teflon parts, Teflon rods, O-ring cord, bonded seals, O-ring kits, and stuffing box sealant.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
ROI Land Investments (ROII) 5,064 -0.4 -64% 25,790 42,491 0 0 -16,488 -14,985 6,465
Penn Virginia (PVA) 5,007 96% 3.0 3% 1,129,744 668,190 355,180 339,915 29,204 178,775 532,211
Nephros (NEPH) 4,911 58% -0.4 -36% 12,014 5,208 7,459 4,317 -4,365 -4,016 1,526
Innerscope Hearing Technologies (INND) 4,855 84% -1.1 -133% 4,182 7,891 481 406 -5,543 -5,330 5,806
RespireRx Pharmaceuticals (RSPI) 4,840 -2.4 -1,483% 150 6,767 0 0 -2,227 -2,021 4,840
E-Qure (EQUR) 4,836 -18.6 -215% 118 292 0 0 -254 -254 4,718
Sterling Consolidated (STCC) 4,728 31% 13.5 1% 7,036 5,715 7,564 2,328 53 347 4,695
Bespoke Extracts (BSPK) 4,647 71% 0.6 3,007% 227 93 54 39 6,825 7,274 4,533
Black Cactus Global (BLGI) 4,643 -1.2 -1,386% 286 916 0 0 -3,965 -3,900 4,601
Deep Well Oil & Gas (DWOG) 4,611 -21.7 -1% 22,677 527 0 0 -222 -211 4,577
Advantego (ADGO) 4,600 11% -5.2 -272% 554 4,782 29 3 -1,508 -858 4,465
Biorestorative Therapies (BRTX) 4,552 0% -0.2 -624% 2,432 11,375 60 0 -15,181 -14,961 3,470
Brightlane (BTLN) 4,486 79% -12.6 35,295,700% 100 79 -353 -353 4,449
Amplitech (AMPG) 4,468 54% 10.1 19% 1,810 717 2,660 1,447 342 415 4,190
Inception Mining (IMII) 4,468 -0.5 -727% 1,308 23,908 0 0 -9,511 -9,429 4,455
STR Holdings (STRI) 4,433 -36% -0.5 -37% 22,829 6,387 8,136 -2,910 -8,438 -9,407 4,738
Rodin Income Trust (RIT) 4,428 13.9 1% 25,840 17,277 0 0 298 298 4,133
Legacy Education Alliance (LEAI) 4,401 14% 0.9 -26% 27,535 76,570 90,706 12,769 -7,064 -6,234 -5,736
Artemis Therapeutics (ATMS) 4,380 -17.4 -661% 38 254 0 0 -251 -251 4,373
Globe Photos (GBPT) 4,374 4% -0.7 -33% 21,078 15,658 5,514 234 -6,876 -6,259 4,101

Balance Sheet ($'000)2013-03-312013-03-312013-06-302013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash7575108544133173732
Accounts Receivable9139138438027221123757943
Inventory2,3332,3332,3762,7262,8892,7972,7232,5052,560
PP&E2,6552,6552,6292,5952,5822,5271,9041,7511,632
Assets6,0236,0236,0076,8156,8826,3925,4965,7085,587
Accounts Payable
Long-Term Debt8628628331,1961,1861,1271,1361,07412
Liabilities4,6704,6704,7285,6035,4935,5374,7274,9534,787
Stockholders' Equity1,3531,3531,2791,2121,388854769755801
Income Statement ($'000)2013-03-312013-03-312013-06-302013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue6,1856,8276,3995,7396,4537,111
Cost of Revenue2164,8482091802364,954
Gross Profit2,1431,9801,2291,5631,0252,156
R&D112
SG&A2,1781,6731,5461,4681,8621,734
Tax-68101-330224
Net Income-9843-515-85-531-67
Cash Flow ($'000)2013-03-312013-03-312013-06-302013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating-46-2161676511103
Cash Investing-80-351-78507-130
Cash Financing55436-71-59732-107