Taitron Compnent Financials
This page shows Taitron Compnent (TAIT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Taitron Compnent has an operating margin of -2.5%, meaning the company retains $-3 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from 19.7% the prior year.
Taitron Compnent's revenue declined 32.2% year-over-year, from $6.1M to $4.1M. This contraction results in a growth score of 0/100.
Taitron Compnent carries a low D/E ratio of 0.06, meaning only $0.06 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 12.18, Taitron Compnent holds $12.18 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.
While Taitron Compnent generated -$258K in operating cash flow, capex of $232K consumed most of it, leaving -$490K in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Taitron Compnent generates a 5.5% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 22/100. This is down from 10.9% the prior year.
Taitron Compnent passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Taitron Compnent generates $-0.29 in operating cash flow (-$258K OCF vs $902K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Taitron Compnent earns $-0.4 in operating income for every $1 of interest expense (-$104K vs $289K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Taitron Compnent generated $4.1M in revenue in fiscal year 2024. This represents a decrease of 32.2% from the prior year.
Taitron Compnent's EBITDA was $69K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 95.0% from the prior year.
Taitron Compnent generated -$490K in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 116.7% from the prior year.
Taitron Compnent reported $902K in net income in fiscal year 2024. This represents a decrease of 51.1% from the prior year.
Taitron Compnent held $4.2M in cash against $0 in long-term debt as of fiscal year 2024.
Taitron Compnent paid $0.20 per share in dividends in fiscal year 2024. This represents an increase of 0.0% from the prior year.
Taitron Compnent's gross margin was 51.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 5.3 percentage points from the prior year.
Taitron Compnent's operating margin was -2.5% in fiscal year 2024, reflecting core business profitability. This is down 22.2 percentage points from the prior year.
Taitron Compnent's net profit margin was 21.8% in fiscal year 2024, showing the share of revenue converted to profit. This is down 8.4 percentage points from the prior year.
Taitron Compnent's ROE was 5.5% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 5.5 percentage points from the prior year.
Taitron Compnent invested $232K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 7.9% from the prior year.
TAIT Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $529K-54.7% | $1.2M+7.9% | $1.1M+41.1% | $767K-35.4% | $1.2M-3.0% | $1.2M+27.1% | $963K-0.6% | $969K |
| Cost of Revenue | $202K-55.1% | $450K-1.5% | $457K+27.3% | $359K-43.5% | $635K+13.0% | $562K+20.3% | $467K+6.6% | $438K |
| Gross Profit | $327K-54.4% | $717K+14.7% | $625K+53.2% | $408K-26.1% | $552K-16.6% | $662K+33.5% | $496K-6.6% | $531K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $516K-10.3% | $575K+2.7% | $560K+3.9% | $539K+1.7% | $530K-9.1% | $583K+2.3% | $570K+4.6% | $545K |
| Operating Income | -$189K+87.7% | -$1.5M-2466.2% | $65K+149.6% | -$131K-695.5% | $22K-72.2% | $79K+206.8% | -$74K-428.6% | -$14K |
| Interest Expense | $54K0.0% | $54K+8.0% | $50K-24.2% | $66K-2.9% | $68K-11.7% | $77K-1.3% | $78K-4.9% | $82K |
| Income Tax | $0-100.0% | $2K-66.7% | $6K-98.8% | $490K+6025.0% | $8K+14.3% | $7K-12.5% | $8K-97.0% | $269K |
| Net Income | -$58K+82.3% | -$327K-14.3% | -$286K+5.0% | -$301K-222.9% | $245K-39.7% | $406K-26.4% | $552K+291.5% | $141K |
| EPS (Diluted) | $-0.01+80.0% | $-0.050.0% | $-0.05 | N/A | $0.04-42.9% | $0.07-22.2% | $0.09+1000.0% | $-0.01 |
TAIT Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $17.1M-1.0% | $17.3M+3.2% | $16.7M-5.1% | $17.6M-5.6% | $18.7M+3.3% | $18.1M-2.2% | $18.5M+2.7% | $18.0M |
| Current Assets | $12.7M-0.1% | $12.7M+5.1% | $12.1M-7.7% | $13.1M-2.3% | $13.4M+5.1% | $12.7M-4.2% | $13.3M+3.7% | $12.8M |
| Cash & Equivalents | $4.0M+4.9% | $3.8M-6.5% | $4.0M-4.1% | $4.2M-10.6% | $4.7M-5.9% | $5.0M-9.8% | $5.5M-10.6% | $6.2M |
| Inventory | $2.1M-3.8% | $2.2M-23.9% | $2.9M-2.8% | $2.9M-1.6% | $3.0M+24.7% | $2.4M-9.9% | $2.7M+2.8% | $2.6M |
| Accounts Receivable | $445K-57.5% | $1.0M+377.6% | $219K-48.0% | $421K-32.4% | $623K+48.7% | $419K+84.6% | $227K+146.7% | $92K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $2.0M+4.4% | $1.9M+152.9% | $766K-28.6% | $1.1M-29.3% | $1.5M+68.9% | $898K-34.9% | $1.4M+18.7% | $1.2M |
| Current Liabilities | $2.0M+4.4% | $1.9M+152.9% | $766K-28.6% | $1.1M-29.3% | $1.5M+68.9% | $898K-34.9% | $1.4M+18.7% | $1.2M |
| Long-Term Debt | N/A | N/A | N/A | $0 | N/A | N/A | N/A | N/A |
| Total Equity | $15.1M-1.7% | $15.3M-4.0% | $16.0M-3.6% | $16.6M-3.5% | $17.2M-0.1% | $17.2M+0.4% | $17.1M+1.6% | $16.8M |
| Retained Earnings | $3.6M-6.9% | $3.9M-13.8% | $4.5M-11.5% | $5.1M-10.5% | $5.7M-1.0% | $5.8M+1.9% | $5.7M+4.6% | $5.4M |
TAIT Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $396K+266.7% | $108K+14.9% | $94K-19.0% | $116K+462.5% | -$32K-128.6% | -$14K+95.7% | -$328K-129.1% | $1.1M |
| Capital Expenditures | $6K | $0-100.0% | $8K+100.0% | $4K | $0-100.0% | $191K+416.2% | $37K+236.4% | $11K |
| Free Cash Flow | $390K+261.1% | $108K+25.6% | $86K-23.2% | $112K+450.0% | -$32K+84.4% | -$205K+43.8% | -$365K-132.7% | $1.1M |
| Investing Cash Flow | -$6K+89.7% | -$58K-216.0% | $50K+115.7% | -$319K | $0+100.0% | -$191K-416.2% | -$37K-119.2% | $193K |
| Financing Cash Flow | -$211K+29.9% | -$301K0.0% | -$301K0.0% | -$301K0.0% | -$301K0.0% | -$301K0.0% | -$301K+0.7% | -$303K |
| Dividends Paid | $211K-29.9% | $301K0.0% | $301K0.0% | $301K0.0% | $301K0.0% | $301K0.0% | $301K0.0% | $301K |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
TAIT Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 61.8%+0.4pp | 61.4%+3.7pp | 57.8%+4.6pp | 53.2%+6.7pp | 46.5%-7.6pp | 54.1%+2.6pp | 51.5%-3.3pp | 54.8% |
| Operating Margin | -35.7%+96.1pp | -131.8%-137.8pp | 6.0%+23.1pp | -17.1%-18.9pp | 1.8%-4.6pp | 6.5%+14.1pp | -7.7%-6.2pp | -1.4% |
| Net Margin | -11.0%+17.1pp | -28.0%-1.6pp | -26.4%+12.8pp | -39.2%-59.9pp | 20.6%-12.5pp | 33.2%-24.2pp | 57.3%+42.8pp | 14.5% |
| Return on Equity | N/A | N/A | N/A | N/A | 1.4%-0.9pp | 2.4%-0.9pp | 3.2%+2.4pp | 0.8% |
| Return on Assets | -0.3%+1.6pp | -1.9%-0.2pp | -1.7%0.0pp | -1.7%-3.0pp | 1.3%-0.9pp | 2.3%-0.7pp | 3.0%+2.2pp | 0.8% |
| Current Ratio | 6.26-0.3 | 6.54-9.2 | 15.75+3.6 | 12.18+3.4 | 8.82-5.3 | 14.17+4.5 | 9.62-1.4 | 11.01 |
| Debt-to-Equity | 0.130.0 | 0.13+0.1 | 0.05-0.0 | 0.06-0.0 | 0.09+0.0 | 0.05-0.0 | 0.08+0.0 | 0.07 |
| FCF Margin | 73.7%+64.5pp | 9.3%+1.3pp | 8.0%-6.6pp | 14.6%+17.3pp | -2.7%+14.1pp | -16.8%+21.1pp | -37.9%-153.0pp | 115.1% |
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Frequently Asked Questions
What is Taitron Compnent's annual revenue?
Taitron Compnent (TAIT) reported $4.1M in total revenue for fiscal year 2024. This represents a -32.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Taitron Compnent's revenue growing?
Taitron Compnent (TAIT) revenue declined by 32.2% year-over-year, from $6.1M to $4.1M in fiscal year 2024.
Is Taitron Compnent profitable?
Yes, Taitron Compnent (TAIT) reported a net income of $902K in fiscal year 2024, with a net profit margin of 21.8%.
What is Taitron Compnent's EBITDA?
Taitron Compnent (TAIT) had EBITDA of $69K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Taitron Compnent's gross margin?
Taitron Compnent (TAIT) had a gross margin of 51.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Taitron Compnent's operating margin?
Taitron Compnent (TAIT) had an operating margin of -2.5% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Taitron Compnent's net profit margin?
Taitron Compnent (TAIT) had a net profit margin of 21.8% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Taitron Compnent pay dividends?
Yes, Taitron Compnent (TAIT) paid $0.20 per share in dividends during fiscal year 2024.
What is Taitron Compnent's return on equity (ROE)?
Taitron Compnent (TAIT) has a return on equity of 5.5% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Taitron Compnent's free cash flow?
Taitron Compnent (TAIT) generated -$490K in free cash flow during fiscal year 2024. This represents a -116.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Taitron Compnent's operating cash flow?
Taitron Compnent (TAIT) generated -$258K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Taitron Compnent's total assets?
Taitron Compnent (TAIT) had $17.6M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Taitron Compnent's capital expenditures?
Taitron Compnent (TAIT) invested $232K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
What is Taitron Compnent's current ratio?
Taitron Compnent (TAIT) had a current ratio of 12.18 as of fiscal year 2024, which is generally considered healthy.
What is Taitron Compnent's debt-to-equity ratio?
Taitron Compnent (TAIT) had a debt-to-equity ratio of 0.06 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Taitron Compnent's return on assets (ROA)?
Taitron Compnent (TAIT) had a return on assets of 5.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Taitron Compnent's cash runway?
Based on fiscal year 2024 data, Taitron Compnent (TAIT) had $4.2M in cash against an annual operating cash burn of $258K. This gives an estimated cash runway of approximately 196 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Taitron Compnent's Piotroski F-Score?
Taitron Compnent (TAIT) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Taitron Compnent's earnings high quality?
Taitron Compnent (TAIT) has an earnings quality ratio of -0.29x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Taitron Compnent cover its interest payments?
Taitron Compnent (TAIT) has an interest coverage ratio of -0.4x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Taitron Compnent?
Taitron Compnent (TAIT) scores 37 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.