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SOUTH DAKOTA SOYBEAN PROCESSORS LLC

CIK: 1163609 SIC: 2070
$484.17M
Revenue
$22.95M
Net Income
6.44%
Gross Margin
5.01%
Op. Margin
$-473.18M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 13 annual reports available (2011 - 2024)
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
+ Total Revenue $484.17M $554.42M $703.15M $721.53M $415.03M $371.28M $391.76M $375.76M $377.93M $367.56M $434.84M
Revenue Growth % -12.7% -21.2% -2.5% 73.9% 11.8% -5.2% 4.3% -0.6% 2.8% -15.5% nan%
Cost of Revenue $452.99M $525.03M $624.73M $648.12M $395.77M $356.48M $362.84M $364.13M $363.83M $342.66M $412.86M
+ Gross Profit $31.18M $29.39M $78.42M $73.42M $19.25M $14.80M $28.60M $11.12M $14.10M $24.90M $21.99M
Gross Margin % 6.4% 5.3% 11.2% 10.2% 4.6% 4.0% 7.3% 3.0% 3.7% 6.8% 5.1%
+ Operating Income $24.24M $23.33M $71.93M $67.75M $15.43M $11.18M $24.76M $7.91M $10.66M $21.33M $17.65M
Operating Margin % 5.0% 4.2% 10.2% 9.4% 3.7% 3.0% 6.3% 2.1% 2.8% 5.8% 4.1%
Interest Expense $8.95M $6.42M $2.84M $2.20M $1.09M $919.16K $1.13M $704.60K $409.33K $546.65K $1.08M
Other Income/Expense $1.15M $4.42M $1.33M $1.22M $1.04M $554.36K $2.10M $-930.95K $1.48M $1.35M $2.42M
Income Before Tax - - - - $15.58M $10.98M $25.88M $6.77M $12.59M $22.95M $20.07M
Income Tax Expense - - - - - $600.00 $1.96K $1.94K $-6.21K $570.00 $1.87K
+ Net Income $22.95M $20.32M $70.45M $67.46M $15.58M $10.98M $25.88M $6.77M $12.59M $22.95M $20.06M
Net Margin % 4.7% 3.7% 10.0% 9.4% 3.8% 3.0% 6.6% 1.8% 3.3% 6.2% 4.6%
Basic EPS 0.75 0.67 2.32 2.22 0.51 nan nan nan nan nan nan
Diluted EPS 0.75 0.67 2.32 2.22 0.51 nan nan nan nan nan nan
Basic Shares Outstanding - 30.4M 30.4M 30.4M - - - - - - -
Diluted Shares Outstanding - 30.4M 30.4M 30.4M - - - - - - -
Breakdown FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
Cash & Cash Equivalents $39.59M $72.91M $866.70K $3.65M $624.68K $7.20M $683.52K $11.65M $18.39M $10.74M
Accounts Receivable $29.77M $43.55M $43.52M $28.99M $24.42M $20.55M $19.80M $20.35M $21.91M $23.11M
Inventory $45.08M $72.05M $134.25M $69.59M $44.47M $36.72M $37.97M $32.39M $26.32M $33.69M
Total Current Assets $127.02M $205.80M $197.55M $138.76M $78.17M $68.31M $64.41M $70.26M $75.76M $71.55M
Property Plant & Equipment $359.78M $174.93M $74.56M $64.23M $64.52M $59.07M $55.53M $44.75M $40.92M $38.75M
Intangible Assets - - - - - - - $1.78K $6.31K $4.35K
Other Non-current Assets $656.00K $336.50K $96.25K - - - - - - -
Total Assets $541.89M $424.74M $311.20M $225.82M $158.10M $136.94M $123.22M $121.24M $122.91M $117.14M
Accounts Payable $3.98M $7.46M $2.25M $1.51M $4.90M $2.33M $1.93M $1.46M $1.47M $1.32M
Deferred Revenue $10.52M $737.50K - - - - - - - -
Total Current Liabilities $102.53M $105.63M $121.55M $107.37M $56.85M $46.17M $48.74M $48.46M $47.62M $49.64M
Long-term Debt $57.67M - $8.85M $17.50M $11.99M $593.03K $5.10M $725.82K $787.10K $844.48K
Total Stockholders Equity $335.96M $296.23M $163.54M $94.84M - - - - - -
Total Liabilities & Equity $541.89M $424.74M $311.20M $225.82M $158.10M $136.94M $123.22M $121.24M $122.91M $117.14M
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
Net Income $22.95M $20.32M $70.45M $67.46M $15.58M $10.98M $25.88M $6.77M $12.59M $22.95M $20.06M
Depreciation & Amortization $13.90M $6.52M $5.83M $5.56M $4.91M $4.49M $4.17M $3.62M $3.23M $2.90M $2.19M
Change in Working Capital $91.08M $-29.04M $-74.24M $46.42M $13.95M $18.97M $-641.52K $4.70M $-2.45M $1.57M $-22.07M
Operating Cash Flow $-57.95M $58.40M $126.44M $27.43M $14.21M $-3.35M $30.48M $7.40M $18.15M $24.41M $43.40M
Capital Expenditure $415.24M $175.70M $104.27M $7.75M $4.65M $10.07M $8.03M $14.49M $7.07M $5.23M $10.98M
Purchases of Investments - - - $2.38M $404.33K - $6.32M - - - -
Investing Cash Flow $-415.79M $-176.00M $-104.21M $-9.95M $-4.95M $-9.97M $-13.77M $-11.15M $-8.93M $-4.58M $-10.66M
Debt Repayment $10.88M - $31.56M $13.81M $33.88M $55.54M $71.49M $128.21M $87.16M $68.21M $23.29M
Financing Cash Flow $361.46M $84.29M $49.82M $-17.45M $-6.23M $6.74M $-10.20M $-7.22M $-15.95M $-12.18M $-22.01M
Net Change in Cash $-112.28M $-33.32M $72.04M $32.96K $3.03M $-6.57M $6.51M $-10.97M $-6.74M $7.65M $10.74M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $129.82M - $358.38M -
Cost of Revenue $116.04M - $338.41M -
Gross Profit $13.79M - $19.97M -
Operating Income $11.91M - $14.69M -
Interest Expense $1.21M - $3.59M -
Other Income/Expense $263.83K - $663.00K -
Net Income $10.75M $6.64M $14.15M -
Basic EPS 0.35 - 0.47 -
Diluted EPS 0.35 - 0.47 -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $12.61M $39.59M
Accounts Receivable $31.57M $29.77M
Inventory $81.91M $45.08M
Total Current Assets $137.78M $127.02M
Property Plant & Equipment $534.04M $359.78M
Other Non-current Assets $982.69K $656.00K
Total Assets $727.12M $541.89M
Accounts Payable $1.80M $3.98M
Deferred Revenue $280.94K $10.52M
Total Current Liabilities $103.57M $102.53M
Long-term Debt $216.27M $57.67M
Total Stockholders Equity $340.89M $335.96M
Total Liabilities & Equity $727.12M $541.89M
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $10.75M $6.64M $14.15M -
Depreciation & Amortization - - $5.96M -
Change in Working Capital - - $29.63M -
Operating Cash Flow - - $-17.12M -
Capital Expenditure - - $158.39M -
Investing Cash Flow - - $-158.61M -
Debt Repayment - - $15.91M -
Financing Cash Flow - - $148.75M -
Net Change in Cash - - $-26.98M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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