UNIFI INC

Listed Company

UFICIK 0000100726NYSEAcceleratedTextile Mill ProductsNew YorkFY ends Jul 3

Period

FY 2025

Revenue

$571.34M

Net Income

$-20.35M

Total Assets

$426.87M

Equity

$249.47M

Shares Out

18.58M

Op. Cash Flow

$-21.31M

Business

UNIFI INC manufactures and sells recycled and synthetic polyester and nylon textile products primarily to yarn manufacturers, knitters, and weavers that supply apparel, home furnishings, automotive, industrial, medical, and other end markets. Its product portfolio includes polyester POY, textured, solution‑ and package‑dyed, twisted, beamed and draw‑wound yarns, staple fiber, recycled Flake and Chip, nylon yarns, and branded REPREVE recycled fiber, supported by R&D, quality assurance, certification, and co‑marketing. The company reports three segments: Americas, Brazil, and Asia, and operates manufacturing in multiple countries plus a U.S. joint venture. UNIFI distributes through direct sales, sales offices, independent agents and an asset‑light supplier model across North, Central and South America, Asia and Europe.

Summary from filing dated 2025-08-26

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-06-30	FY 2024 2024-06-30	FY 2023 2023-06-30	FY 2022 2022-06-30	FY 2021 2021-06-30
Net sales	571	582	624	816	668
Cost of sales	563	566	609	735	574
Gross profit	8	17	14	80	93
Selling, general and administrative expenses	49	47	47	52	51
(Benefit) provision for bad debts	−166,000	2	−89,000	−445,000	−1
Restructuring costs	9	5	—	—	—
(Gain) loss on sales and disposals of assets	−40	62,000	278,000	—	—
Other operating expense, net	254,000	671,000	8	−158,000	5
Operating loss	−10	−37	−41	29	39
Interest income	−888,000	−2	−2	−2	−603,000
Interest expense	10	10	8	3	3
Equity in loss (earnings) of unconsolidated affiliates	477,000	390,000	−896,000	−605,000	−739,000
Loss before income taxes	−19	−46	−45	27	46
Provision for income taxes	2	2	901,000	12	17
Net loss	−20	−47	−46	15	29
Basic	−1.11	−2.61	−2.57	0.82	1.57
Diluted	−1.11	−2.61	−2.57	0.8	1.54

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-06-30	FY 2024 2024-06-30	FY 2023 2023-06-30	FY 2022 2022-06-30	FY 2021 2021-06-30
Cash and cash equivalents	23	27	47	53	78
Receivables, net	75	79	84	107	95
Inventories	123	131	151	173	141
Income taxes receivable	5	164,000	238,000	160,000	2
Other current assets	9	12	12	19	12
Total current assets	236	249	294	352	329
Property, plant and equipment, net	173	194	219	216	202
Operating lease assets	8	8	8	9	9
Deferred income taxes	6	5	4	2	1
Other non-current assets	5	13	15	9	15
Total assets	427	469	539	589	555
Accounts payable	37	44	44	74	54
Income taxes payable	49,000	754,000	789,000	2	2
Current operating lease liabilities	2	2	2	2	2
Current portion of long-term debt	12	12	12	12	16
Other current liabilities	19	18	13	20	32
Total current liabilities	71	77	72	109	105
Long-term debt	96	118	129	102	70
Non-current operating lease liabilities	6	6	6	7	7
Deferred income taxes	1	2	3	5	7
Other long-term liabilities	4	4	5	4	7
Total liabilities	177	206	215	227	197
Commitments and contingencies	—	—	—	—	—
Common stock, $0.10 par value (500,000,000 shares authorized; 18,360,663 and 18,251,545 shares issued and outstanding as of June 29, 2025 and June 30, 2024, respectively)	2	2	2	2	2
Capital in excess of par value	74	71	69	66	65
Retained earnings	239	259	307	353	345
Accumulated other comprehensive loss	−66	−69	−54	−60	−53
Total shareholders equity	249	263	324	361	358
Total liabilities and shareholders equity	427	469	539	589	555

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-06-30	FY 2024 2024-06-30	FY 2023 2023-06-30	FY 2022 2022-06-30	FY 2021 2021-06-30
Distributions received from unconsolidated affiliates	—	1	—	750,000	750,000
Depreciation and amortization expense	25	28	27	26	26
Non-cash compensation expense	3	2	3	4	3
(Gain) loss on sales and disposals of assets	−39	62,000	278,000	48,000	3
Deferred income taxes	−676,000	−4	−3	−3	5
Impairment for asset abandonment	—	—	8	—	—
Recovery of taxes, net	—	—	−4	815,000	−10
Other, net	160,000	−50,000	48,000	−99,000	−495,000
Receivables, net	5	2	23	−14	−40
Inventories	10	14	24	−35	−28
Other current assets	−1	3	8	−3	2
Income taxes	−6	21,000	−751,000	2	3
Accounts payable and other current liabilities	−4	4	−36	9	41
Other non-current assets	7	−397,000	−471,000	360,000	139,000
Other non-current liabilities	124,000	−872,000	1	−3	3
Net cash (used) provided by operating activities	−21	2	5	380,000	37
Capital expenditures	−10	−11	−36	−40	−21
Proceeds from sale of assets	52	519,000	209,000	—	—
Net cash provided (used) by investing activities	41	−11	−36	−42	−25
Proceeds from ABL Revolver	213	150	195	158	—
Payments on ABL Revolver	−199	−148	−165	−117	—
Payments on ABL Term Loan	−34	−9	−7	−13	−10
Proceeds from construction financing	—	—	7	2	882,000
Payments on finance lease obligations	−3	−3	−2	−4	−4
Common stock withheld in satisfaction of tax withholding obligations under net share settle transactions	−166,000	−76,000	−69,000	−345,000	−111,000
Other	−262,000	70,000	−603,000	28,000	—
Net cash (used) provided by financing activities	−24	−11	26	18	−13
Effect of exchange rate changes on cash and cash equivalents	526,000	−970,000	−783,000	−2	4
Net decrease in cash and cash equivalents	−4	−20	−6	−25	3

Filings

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