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SYPRIS SOLUTIONS INC (SYPR)

Income Statement Business | Product | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Sypris Technologies  69.361.745.361.759.854.963.3108.1
    Sypris Electronics  40.935.737.026.228.227.428.537.2
Total revenues   [+]110.197.482.387.988.082.391.8145.3
            Revenue growth   [+]13.0%18.3%-6.3%-0.1%6.9%-10.4%-36.8%-59.0%
Cost of goods sold   [+]95.382.970.378.080.479.091.0291.3
Gross profit  14.914.512.19.97.63.30.7-146.0
            Gross margin  13.5%14.9%14.6%11.2%8.6%4.0%0.8%-100.5%
Selling, general and administrative  14.512.612.013.710.513.122.027.8
Research and development       0.00.30.8
Other operating expenses     0.5-0.92.41.2-146.3
EBITDA   [+]3.54.62.6-1.60.6-8.3-16.5-19.3
            EBITDA margin  3.1%4.7%3.1%-1.9%0.7%-10.0%-17.9%-13.3%
Depreciation and amortization  3.12.62.52.72.63.96.39.0
EBIT   [+]0.41.90.1-4.3-2.0-12.1-22.8-28.3
            EBIT margin  0.3%2.0%0.1%-4.9%-2.3%-14.8%-24.8%-19.5%
Non-recurring items   [+]    2.3  1.3
Interest expense  1.10.90.80.90.90.84.94.2
Other income (expense), net   [+]-0.83.0-0.51.31.41.534.08.6
Pre-tax income  -1.54.0-1.3-4.0-3.7-11.46.3-25.2
Income taxes  0.91.1-3.00.0-0.2-0.60.32.0
            Tax rate   26.9%229.1%0.1%5.5%5.4%4.7% 
Net income  -2.52.91.7-3.9-3.5-10.86.0-27.2
            Net margin  -2.3%3.0%2.0%-4.5%-4.0%-13.2%6.6%-18.7%
   
Basic EPS   [+]($0.11)$0.14$0.08($0.19)($0.17)($0.53)$0.30($1.38)
Diluted EPS   [+]($0.11)$0.13$0.08($0.19)($0.17)($0.53)$0.30($1.38)
   
Dividends per share   [+]       $0.02
   
Shares outstanding (basic)   [+]21.721.621.120.920.520.319.919.7
Shares outstanding (diluted)   [+]21.723.021.120.920.520.319.919.7
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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