Private company
AMERITYRE CORP
Last updated Oct 16, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
27.0%Gross margin2
6.3%Operating margin2
6.6%Net margin2
33.6%Revenue growth, 20222
20.1%Return on equity2
0.03×Debt to equity2
$292.3KFree cash flow2
Where the money goes
Where each dollar of revenue went, fiscal 2022
- Cost of revenue73¢$4.7M
- Research and development2¢$101.8K
- Other costs19¢$1.2M
- Interest0¢$65
- Profit7¢$431.9K
Out of $6.5M in revenue.2
Where each dollar of operating cash went, fiscal 2022
- Capital spending35¢$154.6K
- Kept or used elsewhere65¢$292.3K
Out of $446.9K of cash from operations.2
Financial statements
No quarterly figures reported.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.8M4 | $3.8M5 | $3.6M6 | $3.6M7 | $3.6M8 | $3.9M9 | $4.9M2 | $6.5M2 |
| Cost of revenue | $3.5M4 | $2.7M5 | $2.4M6 | $2.5M7 | $2.5M8 | $2.8M9 | $3.6M2 | $4.7M2 |
| Gross profit | $1.3M4 | $1.1M5 | $1.2M6 | $1.1M7 | $1.1M8 | $1.1M9 | $1.3M2 | $1.8M2 |
| Research and development | $200.8K4 | $222.1K5 | $227.1K6 | $183.6K7 | $91.7K8 | $117.5K9 | $102.3K2 | $101.8K2 |
| Operating income | -$298.4K4 | -$240.0K5 | $47.8K6 | -$19.0K7 | $17.5K8 | $47.5K9 | $96.5K2 | $407.5K2 |
| Interest | $04 | $3.2K5 | $8.5K6 | $5.0K7 | $3.7K8 | $1.2K9 | $02 | $652 |
| Income tax | $04 | $05 | $06 | $07 | $08 | $09 | $02 | $02 |
| Net income | -$299.4K4 | -$243.1K5 | $33.3K6 | -$38.4K7 | $41.0K8 | $42.5K9 | $258.3K2 | $431.9K2 |
No quarterly figures reported.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|
| Cash | $455.7K5 | $267.3K6 | $340.3K7 | $213.9K8 | $557.0K9 | $666.8K9 | $516.2K2 | $805.2K2 |
| Current assets | $1.5M4 | $1.3M5 | $1.3M6 | $1.2M7 | $1.4M8 | $1.5M9 | $2.0M2 | $2.4M2 |
| Total assets | $2.2M4 | $1.9M5 | $2.0M6 | $1.8M7 | $2.7M8 | $2.8M9 | $2.9M2 | $3.3M2 |
| Current liabilities | $452.3K4 | $375.3K5 | $494.8K6 | $420.9K7 | $823.1K8 | $909.4K9 | $942.7K2 | $960.7K2 |
| Long-term debt | $53.8K4 | $100.1K5 | $124.5K6 | $105.6K7 | $75.4K8 | $154.0K9 | $61.3K2 | $60.7K2 |
| Total liabilities | $506.1K4 | $483.8K5 | $620.7K6 | $526.5K7 | $1.5M8 | $1.5M9 | $1.3M2 | $1.2M2 |
| Shareholders’ equity | $1.7M4 | $1.4M5 | $1.4M6 | $1.3M7 | $1.2M8 | $1.3M2 | $1.6M2 | $2.1M2 |
| Shares outstanding | 41.7M shares10 | 42.3M shares4 | 43.3M shares5 | 44.5M shares6 | 47.7M shares7 | 70.2M shares8 | 73.0M shares9 | 75.8M shares2 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | -$118.2K4 | -$74.2K5 | $122.5K6 | -$81.5K7 | $484.7K8 | $41.8K9 | -$135.6K2 | $446.9K2 |
| Capital spending | $55.8K4 | $7.6K5 | $20.9K6 | $19.4K7 | $26.2K8 | $56.5K9 | $3.7K2 | $154.6K2 |
| Free cash flow | -$174.1K | -$81.9K | $101.6K | -$100.9K | $458.5K | -$14.7K | -$139.2K | $292.3K |
| Dividends paid | $100.0K4 | $100.0K5 | $05 |
Former names
- AMERICAN TIRE CORPOct 15, 1996 to Jan 29, 20013
Recent filings
- Oct 25, 2022DEF 14A
- Sep 19, 202210-K
- May 13, 202210-Q
- Feb 28, 20224
- Feb 28, 20224
- Feb 28, 20224
- Feb 28, 20224
- Feb 11, 202210-Q
- Feb 3, 20224 OWNERSHIP DOCUMENT
- Feb 3, 20224
- Jan 13, 20228-K
- Dec 8, 20218-K
- Dec 3, 20214
- Dec 3, 20214
- Dec 3, 20214
Every filing from the last three years, summarized. The full record is on SEC EDGAR.1
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARAMERITYRE CORP filings on SEC EDGAR
- 2SEC EDGARAMERITYRE CORP 10-K for fiscal 2022
- 3SEC EDGARAMERITYRE CORP filings on SEC EDGAR
- 4SEC EDGARAMERITYRE CORP 10-K for fiscal 2015
- 5SEC EDGARAMERITYRE CORP 10-K for fiscal 2016
- 6SEC EDGARAMERITYRE CORP 10-K for fiscal 2017
- 7SEC EDGARAMERITYRE CORP 10-K for fiscal 2018
- 8SEC EDGARAMERITYRE CORP 10-K for fiscal 2019
- 9SEC EDGARAMERITYRE CORP 10-K for fiscal 2020
- 10SEC EDGARAMERITYRE CORP 10-K for fiscal 2015