Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer,” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ¨ No þ

Indicate the number of shares outstanding of each or the issuer’s classes of common stock, as of the latest practicable date.

	June 30, 2013			September 30, 2012
Assets
CURRENT ASSETS:
Cash	$	6,888		$	8,320
Accounts receivable-net		13,002,551			16,456,478
Inventories-net		14,554,277			17,450,360
Prepaid expenses and other current assets		403,538			116,257
Income taxes receivable		23,359			23,359
Deferred income taxes		411,658			411,658
Total current assets		28,402,271			34,466,432
PROPERTY, PLANT AND EQUIPMENT–Net		15,116,975			15,847,460
GOODWILL		7,211,575			7,211,575
OTHER ASSETS–Net		136,558			130,422
TOTAL	$	50,867,379		$	57,655,889
Liabilities and Stockholders’ Equity
CURRENT LIABILITIES:
Revolving line of credit	$	2,159,981		$	7,279,718
Current portion of note payable		286,368			274,309
Accounts payable		6,664,299			10,618,255
Accrued payroll, vacation and payroll taxes		494,835			614,740
Other current liabilities		659,909			670,778
Total current liabilities		10,265,392			19,457,800
LONG-TERM PORTION OF NOTE PAYABLE		277,332			493,641
DEFERRED INCOME TAXES		2,839,031			1,988,620
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY:
Common stock, $.01 par value – 9,000,000 shares authorized; 4,708,741 shares issued		47,087			47,087
Non-voting common stock, $.01 par value – 2,000,000 shares authorized and unissued		—			—
Preferred stock, $.01 par value – 1,000,000 shares authorized and unissued		—			—
Additional paid-in capital		25,641,474			25,607,867
Retained earnings		13,954,520			12,218,331
Treasury stock – 399,794 common shares at cost		(2,157,457	)		(2,157,457	)
Total stockholders’ equity		37,485,624			35,715,828
TOTAL	$	50,867,379		$	57,655,889

	THREE MONTHS ENDED June 30,						NINE MONTHS ENDED June 30,
	2013			2012			2013			2012
NET SALES	$	24,819,861		$	28,528,365		$	77,335,014		$	78,344,052
COST OF SALES		21,986,073			25,954,772			70,149,473			74,613,393
GROSS PROFIT		2,833,788			2,573,593			7,185,541			3,730,659

OPERATING EXPENSES:
Selling, general & administrative		1,449,438			1,472,053			4,281,084			4,263,191
OPERATING INCOME (LOSS)		1,384,350			1,101,540			2,904,457			(532,532	)
OTHER (EXPENSE) INCOME:
Interest expense		(36,768	)		(69,133	)		(144,333	)		(206,397	)
Other income		55			71			8,916			8,004
INCOME (LOSS) BEFORE INCOME TAXES		1,347,637			1,032,478			2,769,040			(730,925	)
INCOME TAX EXPENSE (BENEFIT)		502,668			385,114			1,032,851			(272,634	)
NET INCOME (LOSS)	$	844,969		$	647,364		$	1,736,189		$	(458,291	)
BASIC INCOME (LOSS) PER SHARE:
Net Income (Loss)	$	0.20		$	0.15		$	0.40		$	(0.11	)
DILUTED INCOME (LOSS) PER SHARE:
Net Income (Loss)	$	0.20		$	0.15		$	0.40		$	(0.11	)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:
Basic		4,308,947			4,308,947			4,308,947			4,308,947
Diluted		4,328,894			4,309,721			4,321,566			4,308,947

	NINE MONTHS ENDED June 30,
	2013			2012
OPERATING ACTIVITIES
Net income (loss)	$	1,736,189		$	(458,291	)
Noncash items in net income (loss):
Depreciation and amortization of property, plant and equipment		2,140,684			2,214,658
Deferred income taxes		850,411			(285,690	)
Gain on sale of assets		(15,897	)		—
Stock-based compensation expense		33,607			33,023
Changes in operating working capital:
Accounts receivable		3,453,927			501,973
Inventories		2,896,083			(2,603,280	)
Prepaid expenses and other assets		(293,417	)		629,301
Accounts payable		(3,867,069	)		985,282
Accrued and other current liabilities		(130,774	)		100,265
Net cash provided by operating activities		6,803,744			1,117,241
INVESTING ACTIVITIES
Additions to property, plant and equipment		(1,502,083	)		(1,564,460	)
Proceeds from disposals of assets		20,894			—
Net cash used in investing activities		(1,481,189	)		(1,564,460	)
FINANCING ACTIVITIES
Net (repayments) borrowings of revolving debt		(5,119,737	)		637,067
Principal payments of note payable		(204,250	)		(192,864	)
Net cash (used in) provided by financing activities		(5,323,987	)		444,203

NET DECREASE IN CASH		(1,432	)		(3,016	)
CASH:
Beginning of period		8,320			8,300
End of period	$	6,888		$	5,284
NONCASH SUPPLEMENTAL INFORMATION:
Accounts payable incurred for the purchase of equipment	$	33,794		$	—

The accompanying condensed consolidated financial statements have been prepared by Tufco Technologies, Inc. (the “Company”) pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) and, in the opinion of the Company, include all adjustments necessary for a fair statement of results for each period shown (unless otherwise noted herein, all adjustments are of a normal recurring nature). Operating results for the three and nine month periods ended June 30, 2013 are not necessarily indicative of results expected for the remainder of the year. Certain information and note disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted pursuant to such SEC rules and regulations. The Company believes that the disclosures made are adequate to prevent the financial information given from being misleading. The Company’s fiscal 2012 Annual Report on Form 10-K contains a summary of significant accounting policies and includes the consolidated financial statements and the notes to the consolidated financial statements. The same accounting policies are followed in the preparation of interim reports. The Company’s condensed consolidated balance sheet at June 30, 2013 was derived from the audited consolidated balance sheet. It is suggested that these condensed consolidated financial statements be read in conjunction with the audited consolidated financial statements and notes thereto for the fiscal year ended September 30, 2012.

Financial instruments consist of cash, receivables, payables, debt, and letters of credit. Their carrying values are estimated to approximate their fair values unless otherwise indicated due to their short maturities, variable interest rates plus a margin applicable to the credit risk associated with the revolving line of credit and comparable borrowing costs for equipment loans.

Basic earnings per share is computed using the weighted average number of common shares outstanding. Diluted earnings per share includes common stock equivalents from dilutive stock options outstanding during the year, the effect of which was 19,947 shares for the three months ended June 30, 2013 and 774 shares for the three months ended June 30, 2012. For the nine months ended June 30, 2013, the common stock equivalents from dilutive stock options outstanding were 12,619 shares. There was no effect for the nine months ended June 30, 2012. During the three months ended June 30, 2013 and 2012, options to purchase 123,650 and 242,725 shares, respectively, were excluded from the diluted earnings per share computation as the effects of including such options would have been anti-dilutive. During the nine months ended June 30, 2013 and 2012, options to purchase 123,650 and 238,725 shares, respectively, were excluded from the diluted earnings per share computation as the effects of including such options would have been anti-dilutive.

As previously disclosed, the Company tests goodwill annually at the reporting unit level for impairment as of July 1. The operating segments herein also represent the Company’s reporting units for goodwill purposes. The Company uses a discounted cash flow analysis to estimate reporting unit fair values and also considers multiples of relevant companies. In determining the fair values of the reporting units, the Company was required to make certain assumptions and cannot predict what future events may occur that could adversely affect the reported value of its goodwill.

Management has an ongoing focus to increase sales and reduce operating costs at both its Green Bay Contract Manufacturing and Newton Business Imaging segment operations. Additionally, the Company continued to reduce borrowings under its credit facility and has reduced bank debt by over $5.0 million in the last nine months.

Management determined that no indicators of impairment existed during the three and nine months ended June 30, 2013 to indicate that the annual goodwill impairment test should be accelerated. However, there can be no assurance that valuation multiples will not decline, growth rates will not be lower than expected, discount rates will not increase, or the projected cash flows of the individual reporting units will not decline.

The Company amended its credit agreement effective June 24, 2013 to extend its maturity date to December 31, 2013 and modify the required level of after tax net income under its financial covenant in fiscal year 2013. However, there can be no assurances that the Company will be able to extend or refinance its credit facility upon expiration or maintain such a specified minimum level of after tax net income in such year. The amount available for borrowing under the revolving line of credit facility is $10.5 million subject to borrowing base limitations as defined in the agreement. The Company’s revolving line of credit is classified as a current liability on the accompanying balance sheets because provisions in the credit agreement include deposit account requirements and a material adverse effect covenant which is subjective in nature. Borrowings under the credit facility bear interest at a rate equal to LIBOR plus 2.50%. The Company is required to pay a non-usage fee of .50% per annum on the unused portion of the facility.

As of June 30, 2013, the Company had approximately $8.3 million available and $2.2 million outstanding under its revolving credit line pursuant to its credit agreement.

Income taxes are provided for the tax effects of transactions reported in the consolidated financial statements and consist of taxes currently due, plus deferred taxes related primarily to differences between the basis of assets and liabilities for financial and income tax reporting. Deferred tax assets include recognition of operating losses that are available to offset future taxable income. Valuation allowances are recorded when, based on an evaluation of the available evidence, it is more likely than not (a likelihood of more than 50%) that some portion or all of the deferred tax asset will not be realized.

The Company has not recorded a valuation allowance against its deferred tax assets as of June 30, 2013 based on its evaluation of the available evidence, which includes consideration of reversal patterns for long-term deferred tax liabilities and the profit generated in the first nine months of fiscal 2013 as well as the third and fourth quarters of fiscal 2012. During the first nine months of fiscal 2013, the Company generated taxable income which utilized net operating loss carryforwards for the period. The assessment of a valuation allowance is an estimate. Changes in future taxable income or loss can result in change to the assessment of a valuation allowance. In addition, if net operating loss carryforwards will not reverse and be realized over the same long-term period as the difference for depreciation on property and equipment, a change in the assessment of a valuation allowance could occur. The Company’s effective tax rate approximates the statutory tax rates in the jurisdictions in which it files.

The Company manufactures and distributes custom paper-based and nonwoven products, and provides contract manufacturing, specialty printing and related services on these types of products. The Company separates its operations and prepares information for management use by the market segment aligned with the Company’s products and services. Corporate costs, such as interest income, interest expense and income tax expense (benefit) are recorded under the Corporate and Other segment. Such market segment information is summarized below. The Contract Manufacturing segment provides a variety of products and services to multinational consumer products companies. The Business Imaging segment manufactures and distributes printed and unprinted business imaging paper products for a variety of business needs.

External customer revenues attributed to foreign countries were approximately 5% and 3% of total sales for the three months ended June 30, 2013 and 2012, respectively and were approximately 3% of total sales for the nine months ended June 30, 2013 and 2012. The revenues are attributed to countries in Europe and to Japan. There are no long-lived assets located outside of the United States at June 30, 2013 and 2012.

ITEM 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

Management’s discussion of the Company’s fiscal 2013 results in comparison to fiscal 2012 contains forward-looking statements regarding current expectations, risks and uncertainties for future periods. The actual results could differ materially from those discussed herein due to a variety of factors such as the Company’s ability to increase sales, changes in customer demand for its products, cancellation or non renewal of production agreements by significant customers including two Contract Manufacturing customers it depends upon for a significant portion of its business, its ability to meet competitors’ prices on products to be sold under these production agreements, the effects of the economy in general, the Company’s inability to benefit from any general economic improvements, react to material increases in the cost of raw materials or competition in the Company’s product areas, the ability of management to successfully reduce operating expenses, the Company’s ability to increase sales and earnings as a result of new projects and services, the Company’s ability to successfully install new equipment on a timely basis and to improve productivity through equipment upgrades, the Company’s ability to continue to produce new products, the Company’s ability to comply with the financial covenants in its credit facility, the Company’s ability to extend or refinance its credit facility upon expiration, the Company’s ability to sustain profitable operations, the Company’s ability to successfully attract new customers through its sales initiatives and strengthening its new business development efforts, the Company’s ability to improve the run rates for its products, and changes to regulations governing its operations or other factors beyond the Company’s control. Therefore, the financial data for the periods presented may not be indicative of the Company’s future financial condition or results of operations.

Tufco is a leader in providing diversified contract wet wipe converting and printing, as well as specialty printing and finishing services and business imaging products. The Company works closely with its customers to develop products or perform services, which meet or exceed the customers’ quality standards, and then uses the Company’s operating efficiencies and technical expertise to supplement or replace its customers’ own production and distribution functions.

The Company’s technical proficiencies include wide web flexographic printing, wet wipe converting, hot melt adhesive lamination, folding, integrated downstream packaging, quality and microbiological process management, and the manufacture and distribution of business imaging paper products.

The Company has manufacturing operations in Green Bay, WI, which is ISO certified, and Newton, NC. The Company’s corporate headquarters, including corporate support services, are located in Green Bay, WI.

Condensed operating data, percentages of net sales and period-to-period changes in these items are as follows (dollars in thousands):

	Three Months Ended June 30,						Period-to-Period Change						Nine Months Ended June 30,						Period-to-Period Change
	2013			2012			$			%			2013			2012			$			%
Net Sales	$	24,820		$	28,528		$	(3,708	)		(13	%)	$	77,335		$	78,344		$	(1,009	)		(1	%)
Gross Profit		2,834			2,573			261			10	%		7,186			3,731			3,455			93	%
		11.4	%		9.0	%								9.3	%		4.8	%
Operating Expenses		1,449			1,472			(23	)		(2	%)		4,281			4,263			18			0.4	%
		5.8	%		5.2	%								5.5	%		5.4	%
Operating Income (Loss)		1,384			1,101			283			26	%		2,904			(533	)		3,437			NM
		5.6	%		3.9	%								3.8	%		(0.7	%)
Interest and Other–Net		37			69			(32	)		(46	%)		135			198			(63	)		(32	%)
		0.1	%		0.2	%								0.2	%		0.3	%
Income (Loss) Before Income Taxes		1,348			1,032			316			31	%		2,769			(731	)		3,500			NM
		5.4	%		3.6	%								3.6	%		(0.9	%)
Income Tax Expense (Benefit)		503			385			118			31	%		1,033			(273	)		1,306			NM
		2.0	%		1.3	%								1.3	%		(0.3	%)
Net Income (Loss)	$	845		$	647			198			31	%	$	1,736		$	(458	)		2,194			NM
		3.4	%		2.3	%								2.2	%		(0.6	%)
Basic and Diluted Income (Loss) Per Share	$	0.20		$	0.15								$	0.40		$	(0.11	)

ITEM 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations—(continued)

	Three Months Ended June 30,										Period-to-Period Change
	2013					2012					Period-to-Period Change
Net Sales	Amount		% of Total			Amount		% of Total			$			%
Contract Manufacturing	$	18,855		76	%	$	22,085		77	%	$	(3,230	)		(15	%)
Business Imaging		5,965		24	%		6,443		23			(478	)		(7	%)
Net Sales	$	24,820		100	%	$	28,528		100	%	$	(3,708	)		(13	%)

	Nine Months Ended June 30,										Period-to-Period Change
	2013					2012					Period-to-Period Change
Net Sales	Amount		% of Total			Amount		% of Total			$			%
Contract Manufacturing	$	59,432		77	%	$	57,971		74	%	$	1,461			3	%
Business Imaging		17,903		23	%		20,373		26			(2,470	)		(12	%)
Net Sales	$	77,335		100	%	$	78,344		100	%	$	(1,009	)		(1	%)

Consolidated net sales decreased $3.7 million (13%) in the third quarter of fiscal 2013 when compared to the same period last year. This was due to a decrease of $3.2 million (15%) in the Contract Manufacturing segment and a decrease of $0.5 million (7%) in the Business Imaging segment.

For the nine months ended June 30, 2013, net sales decreased $1.0 million (1%) when compared to the first nine months of fiscal 2012. This was due to an increase of $1.5 million (3%) in the Contract Manufacturing segment offset by a decrease of $2.5 million (12%) in the Business Imaging segment.

The Company depends on two Contract Manufacturing customers for a significant portion of its revenue. One customer accounted for 12% of the Company’s total net sales in the third quarter of fiscal 2013 compared to 16% for the same period in fiscal 2012. This same customer accounted for 10% of the Company’s total net sales in the first nine months of fiscal 2013, compared to 17% for the same period last year. The current manufacturing contract with this customer expired June 2013. The Company is currently negotiating renewal terms with this customer. The other significant customer accounted for 36% of the Company’s total net sales in the third quarter of fiscal 2013 compared to 33% for the same period in fiscal 2012. This customer accounted for 41% of the Company’s total net sales in the first nine months of fiscal 2013 compared to 29% for the same period last year. An extension to the manufacturing contract with this customer expires August 31, 2013. The Company is currently negotiating renewal terms with this customer.

Consolidated gross profit increased $261,000 (10%) for the third quarter of fiscal 2013 when compared to the third quarter of fiscal 2012, consisting of an increase of $35,000 (2%) in the Contract Manufacturing segment and an increase of $226,000 (55%) in the Business Imaging segment.

ITEM 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations—(continued)

For the nine months ended June 30, 2013, gross profit increased $3.5 million (93%) when compared to the same period last year. This was due to an increase of $2.8 million (96%) in the Contract Manufacturing segment and an increase of $0.7 million (81%) in the Business Imaging segment.

The Company saw lower sales volumes in the third quarter and first nine months of fiscal 2013 compared to the same periods of fiscal 2012. The Company achieved improved profitability in the first nine months of fiscal 2013 over the same period in fiscal 2012. Management has an ongoing focus to increase sales and reduce operating costs at both its Green Bay Contract Manufacturing and Newton Business Imaging segment operations. Additionally, the Company continued to reduce borrowings under its credit facility and has reduced bank debt by over $5.0 million in the last nine months.

Selling, general and administrative expenses decreased $23,000 (2%) for the third quarter of fiscal 2013 when compared to the same period in fiscal 2012, and increased $18,000 (0.4%) when compared to the first nine months of fiscal 2012.

Interest expense and other income decreased $32,000 to $37,000 (46%) for the third quarter of fiscal 2013 when compared to the same period in fiscal 2012 and decreased $63,000 to $135,000 (32%) for the first nine months of fiscal 2013 when compared to the same period in fiscal 2012 due to lower average debt outstanding and lower interest rates on borrowings.

Income tax expense for the third quarter of fiscal 2013 was $503,000, compared to income tax expense of $385,000 for the same period of fiscal 2012. For the first nine months of fiscal 2013, the Company had income tax expense of $1,033,000 compared to an income tax benefit of $273,000 for the same period of fiscal 2012. The income tax expense for the three and nine months ended June 30, 2013 and three months ended June 30, 2012 was the result of increased profits which utilized net operating loss carryforwards for the period. The income tax benefit for the nine months ended June 30, 2012 represents a net operating loss carryforward that the Company expects to realize in the future.

The Company reported net income of $845,000 [per share: $0.20 basic and diluted] for the third quarter of fiscal 2013, versus net income of $647,000 [per share: $0.15 basic and diluted] for the same period in fiscal 2012. For the nine months ended June 30, 2013, net income was $1,736,000 [per share: $0.40 basic and diluted] compared to a net loss of $458,000 [per share: $(0.11) basic and diluted] for the first nine months of fiscal 2012.

Cash flows provided by operating activities were $6.8 million through the first nine months of fiscal 2013, compared to $1.1 million for the same period last year. Accounts receivable decreased $3.5 million and inventories decreased $2.9 million offset by a decrease in accounts payable of $3.9 million for the first nine months of fiscal 2013. Depreciation was $2.1 million and $2.2 million for the first nine months of fiscal 2013 and 2012, respectively.

Net cash used in investing activities was $1.5 million for the first nine months of fiscal 2013, primarily related to capital expenditures to support ongoing operational needs.

Net cash used in financing activities was $5.3 million for the first nine months of fiscal 2013. This consisted of $5.1 million paid on the Company’s revolving credit line and $0.2 million used for principal payments on a note related to the purchase of equipment made in June, 2010.

The Company’s primary need for capital resources is to finance inventories, accounts receivable and capital expenditures. As of June 30, 2013, cash recorded on the balance sheet was $6,888.

ITEM 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations—(continued)

the accompanying balance sheets because provisions in the credit agreement include deposit account requirements and a material adverse effect covenant which is subjective in nature. It is also the Company’s policy to classify borrowings under the revolving line of credit as current based on how it manages working capital. Borrowings under the credit facility bear interest at a rate equal to LIBOR plus 2.50%. The Company is required to pay a non-usage fee of .50% per annum on the unused portion of the facility. The Commercial Security Agreement grants to the lender a security interest in all of the accounts and inventory of Tufco, L.P., a subsidiary of the Company.

As of August 13, 2013, the Company had approximately $9.3 million available and $1.2 million outstanding under its revolving credit line pursuant to its credit agreement.

Management believes that the Company’s operating cash flow, together with amounts available under its credit agreement, are adequate to service the Company’s current obligations as of June 30, 2013, assuming the Company is able to extend or refinance its credit agreement upon expiration.

The Company intends to retain earnings to finance future operations and expansion and does not expect to pay any dividends within the foreseeable future.

The Company has no Off Balance Sheet Arrangements (as defined in Item 303(a)(4) of Regulation S-K).

A smaller reporting company is not required to provide the information required by this Item.

The Company maintains disclosure controls and procedures that are designed to ensure that information required to be disclosed in its reports filed pursuant to the Securities Exchange Act of 1934, as amended (the “Securities Exchange Act”), is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms, and that such information is accumulated and communicated to the Company’s management, including its Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure. In designing and evaluating the disclosure controls and procedures, management recognized that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives, and management necessarily was required to apply its judgment in evaluating the cost-benefit relationship of possible controls and procedures.

The Company carried out an evaluation, under the supervision and with the participation of its management, including its Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of the Company’s disclosure controls and procedures. Based on the foregoing, the Company’s Chief Executive Officer and Chief Financial Officer concluded that the Company’s disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act) were effective as of the end of the Company’s fiscal quarter ended June 30, 2013.

During the fiscal quarter ended June 30, 2013, there have been no changes in the Company’s internal control over financial reporting that have materially affected or are reasonably likely to materially affect the Company’s internal control over financial reporting.

The Company is subject to lawsuits, investigations, and potential claims arising out of the ordinary conduct of its business. The Company is not currently involved in any material litigation.

A smaller reporting company is not required to provide the information required by this Item.

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Delaware		39-1723477
(State or other jurisdiction of incorporation or organization)		(IRS Employer ID No.)

Large accelerated filer	¨	Accelerated filer	¨

Non-accelerated filer	¨ (Do not check if a smaller reporting company)	Smaller Reporting Company	þ

Class		Outstanding as of August 14, 2013
Common Stock, par value $0.01 per share			4,308,947

		Page Number
PART I.	FINANCIAL INFORMATION

Item 1.	Condensed Consolidated Financial Statements (Unaudited)

	Condensed Consolidated Balance Sheets as of June 30, 2013 and September 30, 2012		3

	Condensed Consolidated Statements of Operations for the three and nine months ended June 30, 2013 and 2012		4

	Condensed Consolidated Statements of Cash Flows for the nine months ended June 30, 2013 and 2012		5

	Notes to Condensed Consolidated Financial Statements		6

Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations		9

Item 3.	Quantitative and Qualitative Disclosures About Market Risk		12

Item 4.	Controls and Procedures		12

PART II.	OTHER INFORMATION

Item 1.	Legal Proceedings		13

Item 1A.	Risk Factors		13

Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds		13

Item 3.	Defaults Upon Senior Securities		13

Item 4.	Mine Safety Disclosures		13

Item 5.	Other Information		13

Item 6.	Exhibits		13

SIGNATURES			14

	June 30, 2013		September 30, 2012
Raw materials	$	11,666,398	$	11,857,627
Finished goods		2,887,879		5,592,733
Total inventories	$	14,554,277	$	17,450,360

Three Months Ended June 30, 2013	Contract Manufacturing		Business Imaging		Corporate and Other			Consolidated
Net sales	$	18,855,375	$	5,964,486	$	—		$	24,819,861
Gross profit		2,195,472		638,316		—			2,833,788
Operating income (loss)		1,773,480		361,830		(750,960	)		1,384,350
Depreciation and amortization expense		677,510		32,013		—			709,523
Capital expenditures		223,976		0		—			223,976

Three Months Ended June 30, 2012	Contract Manufacturing		Business Imaging		Corporate and Other			Consolidated
Net sales	$	22,084,775	$	6,443,590	$	—		$	28,528,365
Gross profit		2,161,526		412,067		—			2,573,593
Operating income (loss)		1,825,022		71,748		(795,230	)		1,101,540
Depreciation and amortization expense		704,981		36,624		—			741,605
Capital expenditures		391,163		—		—			391,163

Nine Months Ended June 30, 2013	Contract Manufacturing		Business Imaging		Corporate and Other			Consolidated
Net sales	$	59,432,465	$	17,902,549	$	—		$	77,335,014
Gross profit		5,643,378		1,542,163		—			7,185,541
Operating income (loss)		4,279,645		752,114		(2,127,302	)		2,904,457
Depreciation and amortization expense		2,042,385		98,299		—			2,140,684
Capital expenditures		1,502,083		0		—			1,502,083

Nine Months Ended June 30, 2012	Contract Manufacturing		Business Imaging			Corporate and Other			Consolidated
Net sales	$	57,970,798	$	20,373,254		$	—		$	78,344,052
Gross profit		2,879,419		851,240			—			3,730,659
Operating income (loss)		1,844,729		(162,371	)		(2,214,890	)		(532,532	)
Depreciation and amortization expense		2,104,203		110,210			245			2,214,658
Capital expenditures		1,559,752		4,708			—			1,564,460

June 30, 2013	Contract Manufacturing		Business Imaging		Corporate and Other		Consolidated
Assets:
Inventories-net	$	9,310,304	$	5,243,973	$	—	$	14,554,277
Property, plant and equipment–net		13,311,287		1,803,637		2,051		15,116,975
Accounts receivable and other (including goodwill)		14,868,265		5,749,400		578,462		21,196,127
Total assets	$	37,489,856	$	12,797,010	$	580,513	$	50,867,379

September 30, 2012	Contract Manufacturing		Business Imaging		Corporate and Other		Consolidated
Assets:
Inventories-net	$	12,989,387	$	4,460,973	$	—	$	17,450,360
Property, plant and equipment–net		13,943,270		1,902,139		2,051		15,847,460
Accounts receivable and other (including goodwill)		17,787,992		5,996,318		573,759		24,358,069
Total assets	$	44,720,649	$	12,359,430	$	575,810	$	57,655,889

31.1		Certification pursuant to Rule 13a-14(a) or Rule 15d-14(a) of the Securities Exchange Act of 1934.

31.2		Certification pursuant to Rule 13a-14(a) or Rule 15d-14(a) of the Securities Exchange Act of 1934.

32.1		Certification furnished pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

32.2		Certification furnished Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

		TUFCO TECHNOLOGIES, INC.
Date:	August 14, 2013	/S/ JAMES F. ROBINSON
		James F. Robinson
		President and Chief Executive Officer

Date:	August 14, 2013	/S/ MICHAEL B. WHEELER
		Michael B. Wheeler
		Executive Vice President, Chief Financial Officer and Chief Operating Officer