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Lindsay Corp (LNN)

Lindsay Corp (LNN)
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Lindsay Corp., being a pioneer in the automated irrigation industry, provides a variety of proprietary water management and road infrastructure products & services. It has 2 major reporting segments: Irrigation & Infrastructure. Irrigation unit is engaged in the manufacture and marketing of center pivot, lateral move, and hose reel irrigation systems and also manufactures and markets repair as well as replacement parts for irrigation systems & controls.'It strengthens irrigation product by introducing GPS tracking & guidance, variable rate irrigation, wireless irrigation management, irrigation scheduling, machine-to-machine communication technology solutions, and smartphone applications. It sells its irrigation products primarily to a world-wide independent dealer network. Infrastructure unit includes the manufacture and marketing of moveable barriers, specialty barriers, crash cushions and end terminals, road marking and road safety equipment, large diameter steel tubing, and railroad signals & structures.

Fiscal Year End Date: 08/31

(Values in U.S. Thousands) May, 2024 Feb, 2024 Nov, 2023 Aug, 2023 May, 2023
Sales 139,200 151,520 161,360 167,130 164,550
Sales Growth -8.13% -6.10% -3.45% +1.57% -1.02%
Net Income 20,380 18,120 15,020 19,230 16,880
Net Income Growth +12.47% +20.64% -21.89% +13.92% -6.48%
(Values in U.S. Thousands) May, 2024 Feb, 2024 Nov, 2023 Aug, 2023 May, 2023
Total Assets 758,100 765,280 763,920 745,660 723,620
Total Assets Growth -0.94% +0.18% +2.45% +3.05% +2.05%
Total Liabilities 278,110 282,250 297,060 290,010 286,820
Total Liabilities Growth -1.47% -4.99% +2.43% +1.11% unch
(Values in U.S. Thousands) May, 2024 Feb, 2024 Nov, 2023 Aug, 2023 May, 2023
Operating Cash Flow 42,650 12,140 21,870 119,710 59,170
Operating Cash Flow Growth +251.32% -44.49% -81.73% +102.32% +649.94%
Net Cash Flow -20,530 -27,340 -1,370 55,710 26,530
Change in Net Cash Flow +24.91% -1,895.62% -102.46% +109.99% +459.97%
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