Chicago Rivet & Machine (CVR) investor relations material

Executive summary

• Reported a net loss of $1.08 million for 2025, a significant improvement from a $5.62 million net loss in 2024, despite only a modest 3% increase in net sales year-over-year.

• Substantial doubt remains about the ability to continue as a going concern due to recurring operating losses, negative cash flows, and reduced liquidity.

• Strategic actions underway include asset sales, renewed credit facilities, and operational efficiency improvements.

Financial highlights

• Net sales for 2025 were $27.89 million, up 3% from $26.99 million in 2024.

• Gross profit rose to $4.13 million from $1.06 million year-over-year, driven by operational efficiencies and improved pricing.

• Operating loss narrowed to $1.20 million from $5.16 million in 2024.

• Cash and equivalents at year-end were $1.72 million, down from $1.92 million.

• Dividends paid totaled $0.12 per share in 2025.

Outlook and guidance

• Order volume improved in Q1 2026 versus Q4 2025, but remains below historic levels.

• Continued focus on cost reduction, efficiency, and new sales opportunities to drive volume recovery.

• Ongoing monitoring of tariffs, market, and geopolitical risks expected to impact 2026 performance.