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) 5,004 95% 2.5 6% 1,211,780 695,122 347,299 330,362 67,290 225,983 564,017
Nephros (NEPH) 62,276 58% -14.8 -38% 11,554 4,832 8,942 5,182 -4,384 -4,006 59,300
Innerscope Hearing Technologies (INND) 2,206 57% -0.7 -118% 4,220 8,205 657 372 -4,980 -4,663 3,150
RespireRx Pharmaceuticals (RSPI) 4,849 -3.8 -1,393% 107 7,146 0 0 -1,487 -1,287 4,849
E-Qure (EQUR) 4,836 -10.5 -1,247% 37 320 0 0 -457 -456 4,800
Sterling Consolidated (STCC) 4,728 28% 17.3 0% 7,036 5,715 5,486 1,516 31 272 4,695
Bespoke Extracts (BSPK) 4,689 -17% 1.6 3,249% 79 111 54 -9 2,581 2,938 4,679
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) 5,455 0% -0.4 -898% 1,458 13,887 98 0 -13,097 -12,936 5,514
Brightlane (BTLN) 4,486 75% -18.4 24,179,200% 83 63 -242 -242 4,449
Amplitech (AMPG) 2,417 51% 128.7 -0% 3,756 2,733 2,018 1,035 -11 25 3,211
Inception Mining (IMII) 4,755 -0.6 -369% 1,950 25,219 0 0 -7,192 -7,119 4,545
STR Holdings (STRI) 4,433 -59% -0.6 -29% 24,002 9,125 4,753 -2,786 -6,879 -7,185 4,557
Rodin Income Trust (RIT) 5,367 10.2 2% 26,379 15,997 0 0 460 460 4,682
Legacy Education Alliance (LEAI) 4,401 20% -6.1 4% 29,810 76,355 74,210 14,733 1,267 1,296 -7,896
Artemis Therapeutics (ATMS) 4,380 -38.4 -570% 20 256 0 0 -114 -114 4,377
Globe Photos (GBPT) 4,378 -0% -0.3 -64% 20,292 15,970 6,641 -4 -12,934 -12,874 4,070

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