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TECHPRECISION CORP (TPCS)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsMar-31-22Mar-31-21Mar-31-20Mar-31-19Mar-31-18Mar-31-17Mar-31-16Mar-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Stadco  7.8       
    Other  14.5       
Total revenues  22.315.616.016.718.818.616.918.2
            Revenue growth  42.9%-2.6%-4.2%-11.1%1.3%10.1%-7.6%0.0%
Cost of goods sold  21.413.814.413.716.615.213.618.3
Gross profit  0.91.81.63.02.23.33.3-0.1
            Gross margin  4.0%11.6%10.2%17.9%11.7%17.8%19.3%-0.3%
Selling, general and administrative   [+]5.83.23.23.23.54.93.95.4
Other operating expenses  -3.3-2.0-1.5-2.0-2.2-4.5-2.8-3.3
EBITDA   [+]-0.11.30.62.61.73.62.9-1.4
            EBITDA margin  -0.5%8.5%3.6%15.5%8.9%19.2%16.9%-7.6%
Depreciation and amortization  1.50.70.70.70.70.70.70.8
EBIT   [+]-1.60.6-0.11.81.02.92.1-2.2
            EBIT margin  -7.0%4.0%-0.9%11.0%5.1%15.5%12.5%-12.2%
Interest expense  0.30.20.30.40.40.60.81.5
Other income (expense), net   [+]1.30.00.00.00.00.00.00.0
Pre-tax income  -0.50.4-0.41.50.62.21.4-3.7
Income taxes  -0.20.1-0.10.40.8-2.80.0-0.2
            Tax rate  35.5%24.6%17.6%27.8%147.6%  4.3%
Net income  -0.30.3-0.31.1-0.35.11.4-3.6
            Net margin  -1.6%2.1%-2.1%6.6%-1.4%27.4%8.1%-19.7%
   
Basic EPS   [+]($0.01)$0.01($0.01)$0.04($0.01)$0.18$0.05($0.15)
Diluted EPS   [+]($0.01)$0.01($0.01)$0.04($0.01)$0.18$0.05($0.15)
   
Shares outstanding (basic)   [+]32.429.429.328.928.827.926.424.1
Shares outstanding (diluted)   [+]32.431.029.330.328.828.626.624.1
   
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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