WVVI WILLAMETTE VALLEY VINEYARDS INC

Overview and Growth

In fiscal 2025, WILLAMETTE VALLEY VINEYARDS INC recorded $37.20M of revenue, net loss of $917.68K, and an operating cash outflow of $1.79M. The $37.20M revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Revenue was 6.5% below fiscal 2024 revenue of $39.78M, marking a top-line contraction. The company employed $107.74M of total assets, the balance-sheet base supporting its current operating and cash-flow results. Asset turnover was 0.35x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

After reported cost of revenue, the company retained $22.49M as gross profit before recognizing operating expenses and other items. Gross margin was 60.5%, so that share of each revenue unit remained after the cost of revenue reported for the period. The company recorded an operating loss of $1.44M after the reported operating expense base. The operating loss equaled 3.9% of revenue, showing the scale of the operating deficit relative to sales. After all below-operating-line items, the company recorded a net loss of $917.68K for the fiscal year. Measured against revenue, the bottom-line deficit represented 2.5% after all recognized items. Before income taxes, the company recorded a loss of $1.21M, bridging the operating result to the final net loss. Measured against revenue, the pretax deficit represented 3.3%. The company recognized an income-tax benefit of $291.58K, increasing after-tax earnings relative to the pretax result. Relative to period-end equity, the net loss represented 1.4%. Relative to total assets, the net loss represented 0.9%. Compared with a $117.89K net loss in fiscal 2024, the current loss increased to $917.68K.

Liquidity and Capital Structure

At period end, the $107.74M asset base was financed through $41.55M of liabilities and $66.19M of equity. At period end, current assets of $39.01M compared with current liabilities of $14.47M, defining the company’s short-term resource position. At 2.7x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. The company held $410.89K in cash and equivalents, a narrower liquidity measure than total current assets. The cash balance equaled 2.8% of current liabilities, showing how much near-term coverage came from cash alone. Total debt was $15.03M, establishing the amount of borrowing carried within the company’s capital structure. Against book equity, debt measured 0.23x, placing the company’s financial leverage in clear balance-sheet terms. Relative to total assets, debt measured 13.9%, showing how much of the asset base was matched by borrowing. Equity equaled 61.4% of assets, showing the shareholder-capital layer within the company’s balance sheet. The liabilities-to-assets relationship was 38.6%, placing reported obligations against the full positive asset balance. The cash-to-assets relationship was 0.4%, comparing reported cash and equivalents with the full positive asset balance. The asset base changed 1.2% from $109.02M in fiscal 2024, leaving current total assets lower year over year. Against $69.23M of equity in fiscal 2024, the current book-equity balance moved 4.4% and ended lower. Cash and equivalents were 28.0% higher than fiscal 2024 cash of $320.88K, showing the year-over-year change in liquid resources.

Cash Flow and Earnings Quality

The company reported an operating cash outflow of $1.79M, rather than cash generation from operations. Capital spending of $444.17K added to the period’s operating cash use, reinforcing the overall cash deficit after investment for the year. Operating cash flow and capital spending combined to leave a $2.23M cash deficit after capital spending. The free-cash-flow deficit equaled 6.0% of revenue, showing the post-investment cash shortfall relative to sales. The cash deficit after capital spending represented 2.1% of the period-end asset base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Sep 24, 2026.