Profire Energy

Profire Energy, Inc. engages in the manufacture of industrial combustion appliances. Its product categories include burner management, combustion control, waste management, fuel and gas train management, stands, pilots, burners, chemical management, flame arrestors, combustion equipment, accessories and components, and legacy. It operates through the United States and Canada geographical segments. The company was founded on May 5, 2003 and is headquartered in Lindon, UT.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Profire Energy reports robust Q4 earnings, eyes diversification for growth

Profire Energy's Q4 2022 performance reflects strong revenue growth, improved margins, and profitability.
The company's resilience, strategic initiatives, and revenue diversification efforts position it well for future expansion.
Challenges with supply chain disruptions and operating expenses are being addressed proactively to sustain growth.
Opportunities lie in continued expansion in diversification markets, leveraging industry trends, and enhancing customer relationships.

Profire Energy excels in Q1 2023, eyes diversification and growth

Profire Energy's Q1 2023 earnings call showcased strong financial performance, operational efficiency, and strategic initiatives for growth. The company's focus on diversification, supply chain management, and market expansion positions it well for future success and sustained profitability.

Profire Energy achieves record revenue and net income in Q2 2023

Profire Energy delivered a robust performance in Q2 2023 with record revenue and net income, driven by strategic actions and cost management. While maintaining a strong financial position, the company faces challenges in inventory management and market dynamics but sees opportunities in energy sector trends and revenue diversification.

Profire Energy reports record-breaking Q3 performance and optimistic outlook

Profire Energy achieves record-breaking financial performance, remains debt-free with strong cash reserves. Optimistic outlook driven by ongoing demand for hydrocarbons and LNG projects.

Profire Energy achieves record revenue and diversifies into new markets

Profire Energy's Q4 2023 earnings call highlighted exceptional financial performance, strong diversification efforts, and strategic growth initiatives. Despite industry challenges, the company achieved record revenue and profitability, showcasing resilience and adaptability.

Profire Energy reports strong Q1 earnings, diversification fuels growth

Profire Energy's Q1 2024 earnings call showcased solid financial performance, highlighted by revenue diversification and new project wins. Despite challenges like increased expenses impacting cash flow, the company remains optimistic about future growth opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Profire Energy, Inc. engages in the manufacture of industrial combustion appliances. The firm offers products and services including fuel trains, flare and pilots, field, preventative maintenance installation, controllers, flame arrestors, monitoring and safety valves and solenoids, power distributions, installation components, consulting, burners, instrumentation, engineering and design, and startup and commissioning. It operates through the United States and Canada geographical segments. The company was founded on May 5, 2003 and is headquartered in Lindon, UT.

LINDON, Utah, March 13, 2024 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ: PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today reported financial results for its fourth quarter and full fiscal year ending December 31, 2023. A conference call will be held on Thursday, March 14, 2024, at 8:30 a.m.

Profire Energy Reports Financial Results for Fourth Quarter and Full Fiscal Year 2023

CNFinance Holdings Ltd - ADR

Industrial Logistics Properties

LuxUrban Hotels Inc

SmartRent

The Metals Co

XCel Brands

Searching for multibagger gains among penny stocks can feel like sifting through buckets of glitter to find rare diamonds. The big question is — are you seeing glitter or real diamonds shine?

7 Penny Stocks to Buy and Hold Forever for Multibagger Gains

LINDON, Utah, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ: PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, will hold a conference call on Thursday, March 14, 2024 at 8:30 a.m. ET to discuss results for its 2023 fourth quarter and full fiscal year ended December 31, 2023. Financial results are expected to be filed with the Securities and Exchange Commission and reported in a press release prior to the conference call. 

Profire Energy Sets Fourth Quarter and Full Fiscal Year 2023 Call for Thursday, March 14,2024 at 8:30 a.m. ET

Matrix Service

Oil States International

Lower equipment demand and significant debt exposures are matters of concern, making the outlook for the Zacks Oil and Gas- Mechanical and Equipment industry gloomy. Oil States International, (OIS), Matrix Service (MTRX) and Profire Energy (PFIE) are trying to survive industry challenges.

3 Oil & Gas Equipment Stocks to Gain Despite Industry Challenges

Profire Energy, Inc. (NASDAQ:PFIE ) Q3 2023 Earnings Conference Call November 9, 2023 8:30 AM ET Company Participants Steven Hooser - Investor Relations Ryan Oviatt - Co-Chief Executive Officer and Chief Financial Officer Cameron Tidball - Co-Chief Executive Officer Conference Call Participants Rob Brown - Lake Street Capital Markets James McIlree - Dawson James Operator Good morning, everyone and thank you for participating in today's Conference Call to discuss Profire Energy's Quarterly Operating and Financial Performance for the period ended September 30, 2023. I will now turn the call over to Steven Hooser, Investor Relations to get the call started.

Profire Energy, Inc. (PFIE) Q3 2023 Earnings Call Transcript

LINDON, Utah, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ: PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today announced that Ryan Oviatt, Co-Chief Executive Officer and Chief Financial Officer, & Cameron Tidball, Co-Chief Executive Officer, will present at the Southwest IDEAS Investor Conference on Thursday, November 16, 2023 at 1:45pm CT and host one-on-one meetings throughout the day. The presentation will be webcast and may be accessed through the conference host's main website: www.IDEASconferences.com.

Profire Energy to Present and Host Investor Meetings at the 15th Annual Southwest IDEAS Investor Conference on November 16th

LINDON, Utah, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ: PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today reported financial results for its third quarter ending September 30, 2023. A conference call will be held on Thursday, November 9, 2023 at 8:30 a.m.

Profire Energy Reports Financial Results for Third Quarter 2023

Favorable energy business environment is likely to have increased demand for burner management products and services of Profire Energy (PFIE) in Q3.

Profire Energy (PFIE) to Post Q3 Earnings: What's in Store?

LINDON,Utah, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ: PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, will hold a conference call on Thursday, November 9, 2023 at 8:30 a.m. ET to discuss results for its 2023 third quarter ended September 30, 2023. Financial results are expected to be filed with the Securities and Exchange Commission and reported in a press release prior to the conference call.

Profire Energy Sets Third Quarter 2023 Earnings Call for Thursday, November 9, 2023 at 8:30 a.m. ET

LINDON, Utah, Oct. 06, 2023 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ: PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today announced that Ryan Oviatt, Co-Chief Executive Officer and Chief Financial Officer, & Cameron Tidball, Co-Chief Executive Officer, will present and host one-on-one meetings at the 4th Annual Dawson James Small Cap Growth Conference Thursday, October 12, 2023 at 3:00pm ET. The presentation will be webcast and may be accessed here or through the “Investor Relations” section of the Profire website.

Profire Energy to Participate in 4th Annual Dawson James Small Cap Growth Conference on October 12th

Berry Petroleum Corp.

Solaris Oilfield Infrastructure

Berry (BRY), Profire (PFIE) and Solaris (SOI) are three stocks from the energy sector that can be looked into as oil prices continue moving northward.

3 Stocks to Buy as Oil Prices Continue to Rise

CVR Energy

CVR Energy (CVI), Solaris Oilfield Infrastructure (SOI) and Profire Energy (PFIE) trade at valuation levels that energy investors might find highly enticing.

Capitalize on Oil's Ascent With These 3 Highly-Ranked Stocks

Does Profire Energy, Inc. (PFIE) have what it takes to be a top stock pick for momentum investors? Let's find out.

Profire Energy, Inc. (PFIE) is a Great Momentum Stock: Should You Buy?

Archrock

Plains GP Hlds

Invest in companies like AROC, PAGP and PFIE, with low price-to-earnings ratios compared to the industry amid tight supply expectations.

3 Stocks Poised to Gain From Rising Oil Prices

Broadwind Energy

Elite Pharmaceuticals, Inc.

Flexible Solutions

Mama's Creations Inc

OppFi

Optex Systems Holdings Inc

“Penny stock territory” may be chock full of “fallen angels,” former high-fliers, along with shares in companies with minimal growth prospects, but among the thousands of publicly-traded stocks, there are quite a few up-and-coming penny stocks as well. Although investors in recent years have been burned by low-priced ($5 per share or less) speculative growth plays that failed to live up to expectations, there are names in this category that have reported both revenue and earnings growth in recent years.

7 Up-and-Coming Penny Stocks to Put on Your Must-Buy List

What Makes Profire Energy, Inc. (PFIE) a Strong Momentum Stock: Buy Now?

Core Laboratories Inc

Many energy companies are witnessing upward earnings estimate revisions. Three such companies are Core Laboratories Inc. (CLB), Profire Energy, Inc. (PFIE) and CVR Energy (CVI).

3 Energy Stocks With Positive Earnings Estimate Revisions

Profire Energy presents a solid medium to long-term investment opportunity, with a breakout in the stock's chart indicating bullish potential. PFIE stock has a history of successful breakouts and the current breakout is the strongest yet, with high volume and a long consolidation period. In addition to technical analysis, PFIE's recent financial performance, including revenue growth and improved gross margins, makes it an attractive investment option.

Profire Energy: Has Potential To Deliver Solid Returns (Technical Analysis)

Profire Energy, Inc. (PFIE) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Why Profire Energy, Inc. (PFIE) Might be Well Poised for a Surge

Profire Energy, Inc (NASDAQ:PFIE ) Q2 2023 Earnings Conference Call August 10, 2023 8:30 AM ET Company Participants John Beisler - Investor Relations Ryan Oviatt - Co-Chief Executive Officer and Chief Financial Officer Cameron Tidball - Co-Chief Executive Officer Conference Call Participants Jim McIlree - Dawson James Rob Brown - Lake Street Capital Markets John Bair - Ascend Wealth Advisors Operator Good morning, everyone, and thank you for participating in today's conference call to discuss Profire Energy's Quarterly Operating and Financial Performance for the period ended March 31, 2023. I will now turn the call over to John Beisler, Investor Relations Consultant at Three-Part Advisors to get the call started.

Profire Energy, Inc (PFIE) Q2 2023 Earnings Call Transcript

Company Reports Best Six-Month Revenue and Net Income in Company History Company Reports Best Six-Month Revenue and Net Income in Company History

Profire Energy Reports Financial Results for Second Quarter 2023

LINDON, Utah, July 26, 2023 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ: PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, will hold a conference call on Thursday, August 10, 2023, at 8:30 a.m. ET to discuss results for its 2023 second quarter ended June 30, 2023. Financial results are expected to be filed with the Securities and Exchange Commission and reported in a press release prior to the conference call.

Profire Energy Sets Second Quarter 2023 Conference Call for Thursday, August 10, 2023 at 8:30 a.m. ET

Eni SpA Sponsored ADR

Enterprise Products Partners

Recent market worries notwithstanding, it would be prudent to add energy stocks like Profire Energy (PFIE), Eni S.p.A. (E) and Enterprise Products Partners (EPD).

Inventory Build on All Fronts, Fed Stance Push Oil Lower

Profire Energy, Inc (NASDAQ:PFIE ) Q1 2023 Earnings Conference Call May 10, 2023 8:30 AM ET Company Participants John Beisler - Investor Relations Ryan Oviatt - Co-Chief Executive Officer and Chief Financial Officer Cameron Tidball - Co-Chief Executive Officer Conference Call Participants Rob Brown - Lake Street Capital Jim McIlree - Dawson James John Bair - Ascend Wealth Advisors Operator Good morning, everyone, and thank you for participating in today's conference call to discuss Profire Energy's quarterly operating and financial performance for the period ended March 31, 2023. [Operator Instructions] I will now turn the call over to John Beisler, Investor Relations Consultant at Three Part Advisors to get the call started.

Profire Energy, Inc (PFIE) Q1 2023 Earnings Call Transcript

Company Reports Second-Highest Quarterly Revenue and Best Ever Net Income in Company History Announces $2M Share Repurchase Program

News for Profire Energy Stock (PFIE)