AMCON DISTRIBUTING CO
www.amcon.comAI Executive Summary
AI-powered analysis of 10-Q filing content
AMCON Distributing is showing concerning operational deterioration with Q2 2026 operating losses, declining profitability despite revenue growth, and high leverage ratios. Credit facility debt increased $10.3M while cash declined, indicating potential liquidity stress in this low-margin distribution business.
Red Flags Detected (6)
Q2 2026 operating loss of $384,720 vs $461,905 profit in Q2 2025
Credit facilities increased $10.3M to $137.1M while cash declined 14% to $643K
Debt-to-equity ratio of 1.34x with total debt of $150.8M vs equity of $112.4M
3 more red flags detected
Key Takeaways
Revenue growth of 15.5% in Q2 and 8.6% for six months but profitability declined
Cost structure not scaling efficiently with revenue increases
2 more takeaways
Filing Overview
What This Means
High Risk Filing: This company is showing signs of financial stress or significant operational challenges.
Deteriorating Trend: Conditions are worsening compared to previous filings. This may create opportunities for service providers.
Quarterly Report: Interim filing with unaudited financial data for the quarter.