Edwyn
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $141 | $271 | $269 | $167 | $150 |
| Gross Profit | $61 | $113 | $85 | $29 | $51 |
| Operating Income | $25 | $64 | $37 | -$23 | $2 |
| Net Income | $20 | $49 | $33 | -$12 | -$8 |
Over the five-year period, CLEARFIELD, INC. experienced significant volatility in its key financial metrics. In 2021, the company posted modest performance with revenues of approximately $141 million, which surged by nearly 92% to roughly $271 million in 2022. This revenue jump was accompanied by growth in gross profit (from $61 million to $113 million) and operating income (from $25 million to $64 million), leading to a strong net income increase from $20 million to $49 million. However, the positive momentum stalled in 2023 with revenues holding steady at about $269 million but experiencing a decline in gross profit to $85 million, operating income to $37 million, and net income to $33 million, suggesting the onset of margin pressures or higher operating costs. In 2024, the company saw a sharp decline, with revenue falling by approximately 38% to $167 million. This steep drop coincided with a drastic reduction in gross profit (to $29 million) and a swing to negative operating income (-$23 million) and net income (-$12 million), marking a significant year-over-year change of over 20% in these key metrics. Although 2025 data show a slight recovery with revenue further decreasing to $150 million yet a rebound in gross profit to $51 million and operating income turning marginally positive at $2 million, net income remained negative at -$8 million. Overall, while the early period reflected robust growth and effective margin management, the subsequent volatility and downward shifts raise concerns about the company’s operational stability and highlight the need for a cautious approach to future sustainability in a challenging market environment.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.