GEORGE RISK INDUSTRIES, INC.
RSKIA · Communications Equipment, NEC · 4.9M shares · -0%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $74K (gross $74K)
Grade
B70Tiny, debt-free security-components maker — very profitable and cash-rich, though net margin is investment-income-flattered and scale is small.
Strengths
- Strong margins and returns — operating margin 27.7% (92nd), ROA 11.3% (82nd)
- Fortress balance sheet — current ratio 14.48 (97th), effectively debt-free, large investment portfolio
- Profitable and steady — gross margin 48.4%, revenue +3.5%
Risks
- Net margin flattered by investment income — net margin 31.6% (95th) exceeds operating margin, reflecting portfolio gains
- Micro-cap scale — FCF only $3.9M (22nd)
- Distributor-dependent niche security market — qualitative (per 10-K)
Notable findings
- Revenue declineRevenue -10.7% YoY
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
48.4%
Operating margin
27.7%
Net margin
31.6%
Return on equity
12.5%
Return on assets
11.3%
Revenue growth (QoQ)
-10.7%
Net-income growth
-5.6%
Current ratio
14.5×
Free cash flow
$4M
EBITDA
$7M
Tangible book value
$56M
Cash & investments
$42M
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 10-Q | 2026-03-17 | 2026-01-31 | 0001493152-26-010459 ↗ |
| 10-Q | 2025-12-15 | 2025-10-31 | 0001493152-25-027793 ↗ |
| 10-Q | 2025-09-12 | 2025-07-31 | 0001493152-25-013159 ↗ |
| 10-K/A | 2025-08-22 | 2025-04-30 | 0001641172-25-025152 ↗ |
| 8-K | 2025-08-20 | 2025-08-20 | 0001641172-25-024976 ↗ |
| 10-K | 2025-08-12 | 2025-04-30 | 0001641172-25-023170 ↗ |
| 10-Q | 2025-03-17 | 2025-01-31 | 0001493152-25-010643 ↗ |
| 10-Q | 2024-12-16 | 2024-10-31 | 0001493152-24-050238 ↗ |
| 10-Q | 2024-09-16 | 2024-07-31 | 0001493152-24-036360 ↗ |
| 8-K | 2024-08-15 | 2024-08-15 | 0001493152-24-032694 ↗ |
| 10-K | 2024-07-31 | 2024-04-30 | 0001493152-24-029743 ↗ |
| 10-Q | 2024-03-15 | 2024-01-31 | 0001493152-24-010042 ↗ |