SEAL-PA Financials

SEAL-PA

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2024 Currency USD FYE December

This page shows SEAL-PA (SEAL-PA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 34/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

SEAL-PA has an operating margin of -13.3%, meaning the company retains $-13 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from 43.4% the prior year.

Growth

SEAL-PA's revenue declined 2.2% year-over-year, from $726.8M to $710.7M. This contraction results in a growth score of 30/100.

Leverage

SEAL-PA carries a low D/E ratio of 0.38, meaning only $0.38 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 94/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

SEAL-PA's current ratio of 0.61 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 7/100, which could limit financial flexibility.

Cash Flow

SEAL-PA converts 19.4% of revenue into free cash flow ($137.6M). This strong cash generation earns a score of 73/100.

Returns

SEAL-PA generates a -4.2% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 2/100. This is down from 11.9% the prior year.

Piotroski F-Score Neutral

5/9

SEAL-PA passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed

-4.13x

For every $1 of reported earnings, SEAL-PA generates $-4.13 in operating cash flow ($395.3M OCF vs -$95.8M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage At Risk

-0.5x

SEAL-PA earns $-0.5 in operating income for every $1 of interest expense (-$94.5M vs $178.4M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$710.7M

YoY-2.2%

5Y CAGR+3.4%

SEAL-PA generated $710.7M in revenue in fiscal year 2024. This represents a decrease of 2.2% from the prior year.

EBITDA

$48.2M

YoY-89.6%

5Y CAGR-35.6%

10Y CAGR-16.1%

SEAL-PA's EBITDA was $48.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 89.6% from the prior year.

Net Income

-$95.8M

YoY-130.2%

SEAL-PA reported -$95.8M in net income in fiscal year 2024. This represents a decrease of 130.2% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

$137.6M

YoY-35.9%

5Y CAGR-7.3%

10Y CAGR+50.9%

SEAL-PA generated $137.6M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 35.9% from the prior year.

Cash & Debt

$153.7M

YoY-8.7%

5Y CAGR-0.8%

10Y CAGR-0.4%

SEAL-PA held $153.7M in cash against $882.4M in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

98.4%

YoY+1.3pp

5Y CAGR+1.9pp

SEAL-PA's gross margin was 98.4% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 1.3 percentage points from the prior year.

Operating Margin

-13.3%

YoY-56.7pp

5Y CAGR-63.1pp

SEAL-PA's operating margin was -13.3% in fiscal year 2024, reflecting core business profitability. This is down 56.7 percentage points from the prior year.

Net Margin

-13.5%

YoY-57.2pp

5Y CAGR-40.9pp

SEAL-PA's net profit margin was -13.5% in fiscal year 2024, showing the share of revenue converted to profit. This is down 57.2 percentage points from the prior year.

Return on Equity

-4.2%

YoY-16.0pp

5Y CAGR-12.9pp

10Y CAGR-18.3pp

SEAL-PA's ROE was -4.2% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 16.0 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$257.7M

YoY+74.2%

5Y CAGR+21.4%

10Y CAGR+3.2%

SEAL-PA invested $257.7M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 74.2% from the prior year.

SEAL-PA Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$710.7M-2.2%	$726.8M+16.4%	$624.5M+4.5%	$597.8M+1.1%	$591.1M-1.7%	$601.3M
Cost of Revenue	$11.6M-45.9%	$21.4M-38.1%	$34.6M+22.8%	$28.2M+62.1%	$17.4M-18.7%	$21.4M
Gross Profit	$699.1M-0.9%	$705.4M+19.6%	$589.9M+3.6%	$569.6M-0.7%	$573.7M-1.1%	$579.9M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$29.1M-5.9%	$30.9M+21.4%	$25.5M-37.9%	$41.0M+52.5%	$26.9M+19.5%	$22.5M
Operating Income	-$94.5M-130.0%	$315.3M+77.8%	$177.3M-28.0%	$246.5M+9.0%	$226.1M-24.4%	$299.3M
Interest Expense	$178.4M-4.8%	$187.5M+36.7%	$137.1M+15.6%	$118.6M-10.7%	$132.8M-19.3%	$164.5M
Income Tax	-$2.5M-124.3%	$10.2M+24.8%	$8.2M+18.9%	$6.9M+97.2%	$3.5M-53.3%	$7.5M
Net Income	-$95.8M-130.2%	$317.7M+31.5%	$241.6M-5.5%	$255.5M+162.6%	$97.3M-40.9%	$164.6M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q3'21	Q2'21	Q1'21	Q4'20
Revenue	N/A	N/A	N/A	N/A	$146.6M-1.5%	$148.8M	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	$7.2M+13.5%	$6.4M	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	$139.4M-2.1%	$142.4M	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	$12.6M+82.3%	$6.9M	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	$57.6M-11.0%	$64.7M	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	$29.5M-1.9%	$30.1M	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	$2.2M+22.6%	$1.8M	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	$70.3M+25.0%	$56.3M-38.2%	$91.1M	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

SEAL-PA Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$5.4B-5.0%	$5.7B-1.9%	$5.8B+20.2%	$4.8B-1.1%	$4.9B-10.3%	$5.4B
Current Assets	$290.1M-5.6%	$307.2M-30.2%	$440.0M+102.4%	$217.4M-17.0%	$262.1M-49.0%	$513.9M
Cash & Equivalents	$153.7M-8.7%	$168.4M-21.9%	$215.7M+134.3%	$92.1M-55.5%	$206.8M+29.0%	$160.2M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$29.1M-7.1%	$31.3M-38.3%	$50.7M+11.4%	$45.5M+496.3%	$7.6M-43.3%	$13.5M
Goodwill	$37.3M-7.4%	$40.3M0.0%	$40.3M+15.7%	$34.8M0.0%	$34.8M0.0%	$34.8M
Total Liabilities	$3.1B+2.9%	$3.0B-12.4%	$3.4B+18.7%	$2.9B-7.7%	$3.1B-12.0%	$3.5B
Current Liabilities	$477.4M+8.5%	$440.1M-45.2%	$803.5M+119.0%	$366.8M-29.6%	$521.3M-17.6%	$632.5M
Long-Term Debt	$882.4M-8.1%	$960.2M+3.6%	$927.3M-24.2%	$1.2B+0.2%	$1.2B-15.1%	$1.4B
Total Equity	$2.3B-13.8%	$2.7B+13.4%	$2.4B+22.4%	$1.9B+10.5%	$1.7B-7.0%	$1.9B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q3'21	Q2'21	Q1'21	Q4'20
Total Assets	$5.4B-5.0%	$5.7B-1.9%	$5.8B+20.2%	$4.8B-0.3%	$4.8B+0.2%	$4.8B	N/A	$4.9B
Current Assets	$290.1M-5.6%	$307.2M-30.2%	$440.0M+102.4%	$217.4M+13.5%	$191.5M-8.7%	$209.7M	N/A	$262.1M
Cash & Equivalents	$153.7M-8.7%	$168.4M-21.9%	$215.7M+134.3%	$92.1M-16.0%	$109.6M-24.0%	$144.2M	N/A	$206.8M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$29.1M-7.1%	$31.3M-38.3%	$50.7M+11.4%	$45.5M+182.0%	$16.1M+31.9%	$12.2M	N/A	$7.6M
Goodwill	$37.3M-7.4%	$40.3M0.0%	$40.3M+15.7%	$34.8M0.0%	$34.8M0.0%	$34.8M	N/A	$34.8M
Total Liabilities	$3.1B+2.9%	$3.0B-12.4%	$3.4B+18.7%	$2.9B-1.1%	$2.9B-1.3%	$2.9B	N/A	$3.1B
Current Liabilities	$477.4M+8.5%	$440.1M-45.2%	$803.5M+119.0%	$366.8M-35.7%	$570.0M+1.4%	$562.0M	N/A	$521.3M
Long-Term Debt	$882.4M-8.1%	$960.2M+3.6%	$927.3M-24.2%	$1.2B+18.2%	$1.0B-2.5%	$1.1B	N/A	$1.2B
Total Equity	$2.3B-13.8%	$2.7B+13.4%	$2.4B+22.4%	$1.9B+0.9%	$1.9B+2.5%	$1.9B	N/A	$1.7B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

SEAL-PA Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$395.3M+9.0%	$362.7M+31.0%	$276.8M+39.2%	$198.9M-67.6%	$613.5M+105.2%	$298.9M
Capital Expenditures	$257.7M+74.2%	$148.0M+37.0%	$108.0M+157.4%	$42.0M+300.4%	$10.5M-89.3%	$97.9M
Free Cash Flow	$137.6M-35.9%	$214.7M+27.2%	$168.8M+7.6%	$156.9M-74.0%	$603.0M+200.0%	$201.0M
Investing Cash Flow	-$200.1M-184.2%	-$70.4M+74.9%	-$280.1M-804.2%	-$31.0M-2002.7%	-$1.5M+99.1%	-$158.8M
Financing Cash Flow	-$191.6M+48.7%	-$373.8M-393.9%	$127.2M+144.8%	-$283.8M+53.3%	-$607.4M-453.5%	-$109.7M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	$0	$0-100.0%	$15.6M-39.2%	$25.7M

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q3'21	Q2'21	Q1'21	Q4'20
Operating Cash Flow	N/A	N/A	N/A	$61.2M+17.4%	$52.1M	N/A	N/A	$100.9M
Capital Expenditures	N/A	N/A	N/A	$16.6M+33.2%	$12.5M	N/A	N/A	$885K
Free Cash Flow	N/A	N/A	N/A	$44.5M+12.4%	$39.6M	N/A	N/A	$100.0M
Investing Cash Flow	N/A	N/A	N/A	-$16.0M-27.9%	-$12.5M	N/A	N/A	$8.1M
Financing Cash Flow	N/A	N/A	N/A	-$58.8M+20.8%	-$74.2M	N/A	N/A	-$106.0M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	$0	$0	N/A	N/A	$0

SEAL-PA Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	98.4%+1.3pp	97.0%+2.6pp	94.5%-0.8pp	95.3%-1.8pp	97.1%+0.6pp	96.4%
Operating Margin	-13.3%-56.7pp	43.4%+15.0pp	28.4%-12.8pp	41.2%+3.0pp	38.3%-11.5pp	49.8%
Net Margin	-13.5%-57.2pp	43.7%+5.0pp	38.7%-4.1pp	42.8%+26.3pp	16.5%-10.9pp	27.4%
Return on Equity	-4.2%-16.0pp	11.9%+1.6pp	10.2%-3.0pp	13.3%+7.7pp	5.6%-3.2pp	8.8%
Return on Assets	-1.8%-7.4pp	5.6%+1.4pp	4.2%-1.1pp	5.3%+3.3pp	2.0%-1.0pp	3.0%
Current Ratio	0.61-0.1	0.70+0.2	0.55-0.0	0.59+0.1	0.50-0.3	0.81
Debt-to-Equity	0.38+0.0	0.36-0.0	0.39-0.2	0.63-0.1	0.70-0.1	0.77
FCF Margin	19.4%-10.2pp	29.5%+2.5pp	27.0%+0.8pp	26.2%-75.8pp	102.0%+68.6pp	33.4%

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q3'21	Q2'21	Q1'21	Q4'20
Gross Margin	N/A	N/A	N/A	N/A	95.1%-0.7pp	95.7%	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	39.3%-4.2pp	43.5%	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	48.0%+10.1pp	37.8%	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	3.7%+0.7pp	3.0%	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	1.5%+0.3pp	1.2%	N/A	N/A
Current Ratio	0.61-0.1	0.70+0.2	0.55-0.0	0.59+0.3	0.34-0.0	0.37	N/A	0.50
Debt-to-Equity	0.38+0.0	0.36-0.0	0.39-0.2	0.63+0.1	0.54-0.0	0.57	N/A	0.70
FCF Margin	N/A	N/A	N/A	N/A	27.0%	N/A	N/A	N/A

Note: The current ratio is below 1.0 (0.61), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

What is SEAL-PA's annual revenue?

SEAL-PA (SEAL-PA) reported $710.7M in total revenue for fiscal year 2024. This represents a -2.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is SEAL-PA's revenue growing?

SEAL-PA (SEAL-PA) revenue declined by 2.2% year-over-year, from $726.8M to $710.7M in fiscal year 2024.

Is SEAL-PA profitable?

No, SEAL-PA (SEAL-PA) reported a net income of -$95.8M in fiscal year 2024, with a net profit margin of -13.5%.

What is SEAL-PA's EBITDA?

SEAL-PA (SEAL-PA) had EBITDA of $48.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does SEAL-PA have?

As of fiscal year 2024, SEAL-PA (SEAL-PA) had $153.7M in cash and equivalents against $882.4M in long-term debt.

What is SEAL-PA's gross margin?

SEAL-PA (SEAL-PA) had a gross margin of 98.4% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is SEAL-PA's operating margin?

SEAL-PA (SEAL-PA) had an operating margin of -13.3% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is SEAL-PA's net profit margin?

SEAL-PA (SEAL-PA) had a net profit margin of -13.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is SEAL-PA's return on equity (ROE)?

SEAL-PA (SEAL-PA) has a return on equity of -4.2% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is SEAL-PA's free cash flow?

SEAL-PA (SEAL-PA) generated $137.6M in free cash flow during fiscal year 2024. This represents a -35.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is SEAL-PA's operating cash flow?

SEAL-PA (SEAL-PA) generated $395.3M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are SEAL-PA's total assets?

SEAL-PA (SEAL-PA) had $5.4B in total assets as of fiscal year 2024, including both current and long-term assets.

What are SEAL-PA's capital expenditures?

SEAL-PA (SEAL-PA) invested $257.7M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

What is SEAL-PA's current ratio?

SEAL-PA (SEAL-PA) had a current ratio of 0.61 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

What is SEAL-PA's debt-to-equity ratio?

SEAL-PA (SEAL-PA) had a debt-to-equity ratio of 0.38 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is SEAL-PA's return on assets (ROA)?

SEAL-PA (SEAL-PA) had a return on assets of -1.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is SEAL-PA's Piotroski F-Score?

SEAL-PA (SEAL-PA) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are SEAL-PA's earnings high quality?

SEAL-PA (SEAL-PA) has an earnings quality ratio of -4.13x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can SEAL-PA cover its interest payments?

SEAL-PA (SEAL-PA) has an interest coverage ratio of -0.5x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is SEAL-PA?

SEAL-PA (SEAL-PA) scores 34 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.