Item 5. Market for Registrant’s Common Equity
ITEM
5.
MARKET
FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Our
common stock trades on the NASDAQ Capital Market under the symbol “JVA.” We do not currently pay cash dividends on
our common stock. Our board of directors does not have any intention of paying a dividend in the future.
As
of January 20, 2021, we had 170 holders of record.
ITEM
6.
SELECTED
FINANCIAL DATA
The
following table sets forth selected financial data for the last five years from the consolidated financial statements of Coffee
Holding Co., Inc. The following information is only a summary, and you should read it in conjunction with our consolidated financial
statements and notes beginning on page F-1.
For
the Years Ended October 31,
2020
(restated)
2019
(restated)
2018
2017
2016
(Dollars
in thousands, except per share data)
Income
Statement Data:
Net
sales
$ 66,032
$ 76,607
$ 90,655
$ 77,128
$ 78,948
Cost
of sales
52,953
60,848
75,041
64,978
67,066
Gross
profit
13,079
15,759
15,614
12,150
11,882
Operating
expenses
13,904
15,219
13,213
10,927
8,019
(Loss)
income from operations
(825 )
540
2,401
1,223
3,863
Other
income (expense)
447
(247 )
(362 )
(246 )
(147 )
(Loss)
income before income taxes
(378 )
293
2,039
977
3,716
(Benefit)
provision for income taxes
(42 )
29
505
244
1,366
Minority
interest
242
(359 )
(468 )
(266 )
(138 )
Net
(loss) income
$ (94 )
$ (95 )
$ 1,066
$ 467
$ 2,212
Net
(loss) income per share – Basic & Diluted
$ (0.02 )
$ (0.02 )
$ 0.19
$ 0.08
$ 0.36
At
October 31,
2020
2019
2018
2017
2016
(Dollars
in thousands, except per shares data)
Balance
Sheet Data:
Total
assets
$ 38,480
$ 39,687
$ 38,834
$ 40,132
$ 37,023
Short-term
debt
5
7,168
6,330
8,408
6,958
Total
liabilities
10,736
12,956
12,844
14,408
11,910
Stockholders’
equity
27,744
26,731
25,990
25,591
25,113
Book value
per share
$ 4.86
$ 4.80
$ 4.67
$ 4.41
$ 4.28
At
October 31,
2020
2019
2018
2017
2016
Per
Common Share Data:
Basic
& Diluted EPS
$ (.02 )
$ (.02 )
$ .19
$ .08
$ (.36 )
Cash
dividends declared
$ 0
$ 0
$ 0
$ 0
$ 0
19
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.