acme united corporation for the past 150 years, acme united corporation, has been a leading worldwide supplier of innovative cutting, measuring, first aid and sharpening products to the school, home, office, hardware, sporting goods and industrial markets with operations in the united states, canada, europe (located in germany) and asia (located in hong kong and china). westcott is a major brand for scissors and rulers in north america, and one of the strongest worldwide. following the success in scissors and rulers, westcott extended its product line with other office tools such as paper trimmers, pencil sharpeners, math kits and more. first aid only was founded in 1988 and pioneered consultative selling and support of first aid items to large corporate customers. it operates out of a modern 54,000 square-foot facility in vancouver, washington where well over 100 people are employed. all of first aid only’s first aid kits continue to be produced in the united states. physicianscare of
![Acme United logo](https://files.capedge.com/DEF%2014A/0001193125-15-099402/g854079g62k38.jpg)
Company profile
Ticker
ACU
Exchange
Website
CEO
Walter Johnsen
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
The Company • Acme United Limited • Acme United Europe GmbH • Acme United (Asia Pacific) Limited • Acme United China Limited ...
IRS number
60236700
ACU stock data
Latest filings (excl ownership)
8-K/A
Correction - Acme United Reports 29% Increase In Net Income for Second Quarter of 2024
19 Jul 24
8-K
Acme United Reports 29% Increase In Net Income for Second Quarter of 2024
19 Jul 24
10-Q
2024 Q1
Quarterly report
8 May 24
8-K
Submission of Matters to a Vote of Security Holders
24 Apr 24
8-K
Acme United Reports 39% Increase In Earnings Per Share for First Quarter of 2024
19 Apr 24
8-K
Amendments to Articles of Incorporation or Bylaws
3 Apr 24
ARS
2023 FY
Annual report to shareholders
25 Mar 24
DEF 14A
Definitive proxy
25 Mar 24
10-K
2023 FY
Annual report
7 Mar 24
8-K
Acme United Reports Strong Fourth Quarter and Full Year 2023 Earnings
1 Mar 24
Transcripts
ACU
Earnings call transcript
2024 Q2
19 Jul 24
ACU
Earnings call transcript
2024 Q1
19 Apr 24
ACU
Earnings call transcript
2023 Q4
1 Mar 24
ACU
Earnings call transcript
2023 Q3
23 Oct 23
ACU
Earnings call transcript
2023 Q2
21 Jul 23
ACU
Earnings call transcript
2023 Q2
20 Jul 23
ACU
Earnings call transcript
2023 Q1
21 Apr 23
ACU
Earnings call transcript
2022 Q4
2 Mar 23
ACU
Earnings call transcript
2022 Q3
21 Oct 22
ACU
Earnings call transcript
2022 Q2
22 Jul 22
Latest ownership filings
144
Notice of proposed sale of securities
26 Jul 24
4
BRIAN S OLSCHAN
24 Jul 24
4
WALTER C JOHNSEN
24 Jul 24
4
PAUL G DRISCOLL
24 Jul 24
4
BRIAN S OLSCHAN
28 May 24
4
BRIAN S OLSCHAN
23 May 24
4
BRIAN S OLSCHAN
21 May 24
4
BRIAN S OLSCHAN
16 May 24
4
BRIAN S OLSCHAN
15 May 24
4
BRIAN S OLSCHAN
10 May 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 3.19 mm | 3.19 mm | 3.19 mm | 3.19 mm | 3.19 mm | 3.19 mm |
Cash burn (monthly) | 784.33 k | 89.25 k | (no burn) | (no burn) | 3.39 mm | (no burn) |
Cash used (since last report) | 3.03 mm | 345.08 k | n/a | n/a | 13.10 mm | n/a |
Cash remaining | 160.41 k | 2.85 mm | n/a | n/a | -9.91 mm | n/a |
Runway (months of cash) | 0.2 | 31.9 | n/a | n/a | -2.9 | n/a |
Institutional ownership, Q1 2024
11.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 7 |
Opened positions | 3 |
Closed positions | 2 |
Increased positions | 1 |
Reduced positions | 3 |
13F shares | Current |
---|---|
Total value | 18.25 bn |
Total shares | 404.30 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
North Star Investment Management | 327.57 k | $15.39 bn |
Ridgewood Investments | 22.74 k | $1.07 bn |
BK Bank Of New York Mellon | 17.73 k | $833.09 mm |
Janney Montgomery Scott | 15.96 k | $750.00 k |
Ritholtz Wealth Management | 9.62 k | $451.96 mm |
Cubic Asset Management | 5.93 k | $278.65 mm |
James Investment Research | 4.76 k | $223.44 mm |
Proequities | 0.00 | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 Jul 24 | Olschan Brian S | Common Stock | Payment of exercise | Dispose F | No | No | 39.16 | 7,140 | 279.60 k | 44,252 |
22 Jul 24 | Olschan Brian S | Common Stock | Option exercise | Acquire M | No | No | 21.49 | 9,255 | 198.89 k | 51,392 |
22 Jul 24 | Olschan Brian S | Common Stock | Payment of exercise | Dispose F | No | No | 39.16 | 2,966 | 116.15 k | 42,137 |
22 Jul 24 | Olschan Brian S | Common Stock | Option exercise | Acquire M | No | No | 19.18 | 4,000 | 76.72 k | 45,102 |
22 Jul 24 | Olschan Brian S | Employee Stock Option Common Stock | Option exercise | Dispose M | No | No | 21.49 | 9,255 | 198.89 k | 307,445 |
22 Jul 24 | Olschan Brian S | Employee Stock Option Common Stock | Option exercise | Dispose M | No | No | 19.18 | 4,000 | 76.72 k | 316,700 |
22 Jul 24 | Driscoll Paul G | Common Stock | Payment of exercise | Dispose F | No | No | 39.16 | 10,500 | 411.18 k | 53,398 |
22 Jul 24 | Driscoll Paul G | Common Stock | Option exercise | Acquire M | No | No | 16.92 | 15,000 | 253.80 k | 63,898 |
22 Jul 24 | Driscoll Paul G | Employee Stock Option Common Stock | Option exercise | Dispose M | No | No | 16.92 | 15,000 | 253.80 k | 145,000 |
22 Jul 24 | Johnsen Walter C | Common Stock | Payment of exercise | Dispose F | No | No | 39.16 | 28,640 | 1.12 mm | 323,304 |
Press releases
Acme United Reports 29% Increase in Net Income for Second Quarter of 2024
19 Jul 24
Acme United to Release Second Quarter 2024 Financial Results on July 19, 2024
11 Jul 24
Acme United Corporation Board Approves Cash Dividend
13 Jun 24
Acme United Corporation Acquires the Assets of Elite First Aid
23 May 24
Acme United Corporation to Present at the Singular Research Spring Select Webinar on May 22, 2024
17 May 24