TAITRON COMPONENTS INC Income Statement
TAIT|14 years of annual SEC 10-K data (FY2011-FY2024)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 14 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$4M
FY2024
Gross Profit
$2M
51.1% gross margin
Operating Income
-$104,000
FY2024
Net Income
$902,000
FY2024
TAITRON COMPONENTS INC reported $4M in revenue and $902,000 in net income for FY2024. Revenue has declined at a 3.7% compound annual rate over the past 13 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 7.43 (safe zone, above 2.9 threshold)
- Profit margin: 21.8% of revenue retained as profit
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.1M | $6.1M | $8.4M | $8.6M | $6.7M | $6.8M | $8.2M | $7.6M | $6.9M | $5.7M | $5.8M | $6.3M | $7.2M | $6.8M |
| Cost of Revenue | $2.0M | $2.7M | $4.0M | $4.5M | $3.4M | $3.7M | $4.6M | $4.6M | $7.7M | $3.9M | $4.3M | $4.9M | $5.6M | $4.7M |
| Gross Profit | $2.1M | $3.4M | $4.4M | $4.1M | $3.3M | $3.1M | $3.6M | $3.0M | -$748.0K | $1.8M | $1.5M | $1.4M | $1.6M | $2.1M |
| SG&A Expense | $2.2M | $2.2M | $2.2M | $2.0M | $2.2M | $2.4M | $2.2M | $2.2M | $2.1M | $2.1M | $2.1M | $2.3M | $2.5M | $2.8M |
| Operating Income | -$104.0K | $1.2M | $2.2M | $2.1M | $1.1M | $698.0K | $1.4M | $791.0K | -$2.9M | -$339.0K | -$658.0K | -$924.0K | -$871.0K | -$657.0K |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | $34.0K | $34.0K | $65.0K |
| Income Tax | $513.0K | $412.0K | -$1.4M | $388.0K | $4.0K | $0 | $6.0K | $5.0K | $20.0K | $1.0K | $3.0K | $2.0K | $3.0K | $3.0K |
| Net Income | $902.0K | $1.8M | $3.2M | $2.0M | $1.4M | $773.0K | $1.4M | $701.0K | -$3.1M | -$587.0K | -$1.1M | -$933.0K | -$739.0K | -$613.0K |
| EPS (Basic) | - | - | - | - | - | - | $0.13 | -$0.56 | -$0.11 | -$0.21 | -$0.17 | -$0.14 | -$0.11 | - |
| EPS (Diluted) | - | - | - | - | - | - | $0.12 | -$0.56 | -$0.11 | -$0.21 | -$0.17 | -$0.14 | -$0.11 | -$0.07 |
| Shares Outstanding | 6.0M | 6.0M | 5.9M | 5.9M | 5.8M | 5.7M | 5.6M | 5.5M | 5.5M | 5.5M | 5.5M | 5.5M | 5.5M | - |
| Gross Margin | 51.1% | 56.5% | 52.1% | 47.7% | 49.0% | 45.4% | 44.0% | 39.4% | -10.8% | 31.1% | 25.4% | 22.4% | 22.4% | 31.4% |
| Operating Margin | -2.5% | 19.7% | 26.5% | 24.2% | 15.7% | 10.3% | 17.3% | 10.4% | -41.5% | -6.0% | -11.3% | -14.7% | -12.1% | -9.7% |
| Profit Margin | 21.8% | 30.2% | 38.1% | 23.3% | 20.3% | 11.4% | 16.8% | 9.2% | -45.0% | -10.3% | -19.4% | -14.9% | -10.3% | -9.0% |