OTC: RSKIA
GEORGE RISK INDUSTRIES, INC.CIK 0000084112 · SIC 3669 · Communications Equipment NEC
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Latest financial statements
From 10-Q filed Sep 14, 2026 (period ending Jul 31, 2026). As printed on the EDGAR/iXBRL face — not generated by the model.
Income Statement (Unaudited)
| Description | July 31, 2026 | July 31, 2025 |
|---|---|---|
| Net Sales | 6,850,000 | 5,898,000 |
| Less: Cost of Goods Sold | (3,623,000) | (2,875,000) |
| Gross Profit | 3,227,000 | 3,023,000 |
| Operating Expenses: | ||
| General and Administrative | 399,000 | 389,000 |
| Sales | 900,000 | 802,000 |
| Engineering | 22,000 | 24,000 |
| Total Operating Expenses | 1,321,000 | 1,215,000 |
| Income From Operations | 1,906,000 | 1,808,000 |
| Other Income (Expense) | ||
| Other | 36,000 | 67,000 |
| Dividend and Interest Income | 328,000 | 352,000 |
| Unrealized Gain on Equity Securities | 802,000 | 2,381,000 |
| (Loss) on Sale of Assets | — | (30,000) |
| Gain on Sale of Investments | 287,000 | 145,000 |
| 1,453,000 | 2,915,000 | |
| Income Before Provisions for Income Taxes | 3,359,000 | 4,723,000 |
| Provisions for Income Taxes | ||
| Current Expense | 527,000 | 479,000 |
| Deferred tax expense | 640,000 | 452,000 |
| Total Income Tax Expense | 1,167,000 | 931,000 |
| Net Income | 2,192,000 | 3,792,000 |
| Basic Earnings Per Share of Common Stock | 0.45 | 0.78 |
| Diluted Earnings Per Share of Common Stock | 0.45 | 0.77 |
| Weighted Average Number of Common Shares Outstanding | 4,888,655 | 4,892,032 |
| Weighted Average Number of Shares Outstanding (Diluted) | 4,909,850 | 4,912,532 |
Condensed Balance Sheets
| Description | July 31, 2026 (unaudited) | April 30, 2026 |
|---|---|---|
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | 6,842,000 | 5,156,000 |
| Investments and securities, at fair value | 43,452,000 | 42,335,000 |
| Accounts receivable: | ||
| Trade, net of allowance for credit losses of $25,946 and $55,259 | 4,683,000 | 5,025,000 |
| Other | 19,000 | 58,000 |
| Income tax refund receivable | — | 351,000 |
| Federal solar tax credit receivable | 2,300,000 | 2,300,000 |
| Inventories, net | 13,056,000 | 11,822,000 |
| Prepaid expenses | 978,000 | 1,374,000 |
| Total Current Assets | 71,330,000 | 68,421,000 |
| Property and Equipment, at cost, net | 2,082,000 | 2,154,000 |
| Other Assets | ||
| Projects in process | 10,000 | 10,000 |
| Other | — | 1,000 |
| Total Other Assets | 10,000 | 11,000 |
| Intangible Assets, net | 756,000 | 786,000 |
| TOTAL ASSETS | 74,178,000 | 71,372,000 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current Liabilities | ||
| Accounts payable, trade | 135,000 | 385,000 |
| Dividends payable | 3,726,000 | 3,726,000 |
| Deferred income | 18,000 | 16,000 |
| Accrued expenses | 487,000 | 568,000 |
| Income tax payable | 525,000 | 4,000 |
| Total Current Liabilities | 4,891,000 | 4,699,000 |
| Long-Term Liabilities | ||
| Deferred income taxes | 3,904,000 | 3,318,000 |
| Total Long-Term Liabilities | 3,904,000 | 3,318,000 |
| Total Liabilities | 8,795,000 | 8,017,000 |
| Commitments and contingencies | — | — |
| Stockholders’ Equity | ||
| Convertible preferred stock, 1,000,000 shares authorized, Series 1—noncumulative, $20 stated value, 25,000 shares authorized, 4,239 issued and outstanding | 102,000 | 102,000 |
| Common stock, Class A, $.10 par value, 10,000,000 shares authorized, 8,502,881 shares issued and outstanding | 850,000 | 850,000 |
| Additional paid-in capital | 1,931,000 | 1,931,000 |
| Accumulated other comprehensive income | (176,000) | (25,000) |
| Retained earnings | 67,761,000 | 65,569,000 |
| Less: treasury stock, 3,614,527 and 3,613,827 shares, at cost | (5,085,000) | (5,072,000) |
| Total Stockholders’ Equity | 65,383,000 | 63,355,000 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | 74,178,000 | 71,372,000 |
Condensed Statements of Cash Flows (Unaudited)
| Description | July 31, 2026 | July 31, 2025 |
|---|---|---|
| Cash Flows from Operating Activities: | ||
| Net Income | 2,192,000 | 3,792,000 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 108,000 | 34,000 |
| (Gain) on sale of investments | (287,000) | (145,000) |
| Unrealized (gain) on equity securities | (802,000) | (2,381,000) |
| Provision for (recovery of) credit losses on accounts receivable | (29,000) | 45,000 |
| Reserve for obsolete inventory | 2,000 | (18,000) |
| Deferred income taxes | 640,000 | 452,000 |
| Loss on sale of assets | — | 30,000 |
| Changes in assets and liabilities: | ||
| (Increase) decrease in: | ||
| Accounts receivable | 371,000 | (466,000) |
| Inventories | (1,236,000) | 173,000 |
| Prepaid expenses and other current assets | 396,000 | (48,000) |
| Other receivables | 39,000 | 35,000 |
| Income tax refund receivable | 351,000 | — |
| Increase (decrease) in: | ||
| Accounts payable | (250,000) | 163,000 |
| Accrued expenses and other current liabilities | (79,000) | 26,000 |
| Income tax payable | 521,000 | 447,000 |
| Net cash from operating activities | 1,937,000 | 2,139,000 |
| Cash Flows From Investing Activities: | ||
| (Purchase) of property and equipment | (6,000) | (133,000) |
| Proceeds from sale of marketable securities | 6,000 | 7,000 |
| (Purchase) of marketable securities | (238,000) | (210,000) |
| Net cash from investing activities | (238,000) | (336,000) |
| Cash Flows From Financing Activities: | ||
| (Purchase) of treasury stock | (13,000) | (9,000) |
| Dividends paid | — | (5,000) |
| Net cash from financing activities | (13,000) | (14,000) |
| Net Change in Cash and Cash Equivalents | 1,686,000 | 1,789,000 |
| Cash and Cash Equivalents, beginning of period | 5,156,000 | 6,471,000 |
| Cash and Cash Equivalents, end of period | 6,842,000 | 8,260,000 |
| Supplemental Disclosure for Cash Flow Information: | ||
| Income taxes paid (recovered), net | (49,000) | 24,000 |
| Interest paid | — | — |
Amounts as printed on the EDGAR/iXBRL face. Labels, columns, and figures are the filing face, not a GAAP stencil. Interactive statements & notes on EDGAR ↗