Trio Tech Int (TRT) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q3 FY2026, filed May 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the TRT SEC filings page.
Trio Tech Int (TRT) reported $58.3M in revenue over the twelve months to Mar 31, 2026, up 64.1% from the prior twelve months. This page shows its 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).
A volume decline has compressed operating leverage while low debt keeps the balance sheet conservative.
FY2025 operating cash flow was$371K , yet free cash flow was-$596K ; the cash-conversion gap means internally generated cash did not cover reinvestment. In FY2023, operating cash flow of$8.1M exceeded free cash flow of$3.6M , showing that cash generation has become much less dependable even as reported earnings remain near breakeven.
Revenue contracted
Liabilities fell to
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Trio Tech Int's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Trio Tech Int has an operating margin of 0.7%, meaning the company retains $1 of operating profit per $100 of revenue. This results in a moderate score of 43/100, indicating healthy but not exceptional operating efficiency. This is down from 2.6% the prior year.
Trio Tech Int's revenue declined 13.8% year-over-year, from $42.3M to $36.5M. This contraction results in a growth score of 11/100.
Trio Tech Int carries a low D/E ratio of 0.02, meaning only $0.02 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 98/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 5.03, Trio Tech Int holds $5.03 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 92/100.
While Trio Tech Int generated $371K in operating cash flow, capex of $967K consumed most of it, leaving -$596K in free cash flow. This results in a low score of 34/100, reflecting heavy capital investment rather than weak cash generation.
Trio Tech Int posts a -0.1% return on equity (ROE), meaning it loses less than $1 for every $100 of shareholders' equity. This results in a returns score of 43/100. This is down from 3.4% the prior year.
Trio Tech Int scores 11.06, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($106.2M) relative to total liabilities ($7.1M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Trio Tech Int passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
Trio Tech Int reported a net loss of $41K while generating $371K in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Trio Tech Int earns $5.64 in operating income for every $1 of interest expense ($254K vs $45K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Trio Tech Int generated $16.5M in revenue in Q3 2026. This represents an increase of 123.6% from the same quarter a year earlier. Against the prior quarter it is up 5.5%.
Trio Tech Int's EBITDA was $557K in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 69.8% from the same quarter a year earlier. Against the prior quarter it is up 3.5%.
Trio Tech Int reported -$38K in net income in Q3 2026. This represents an increase of 92.3% from the same quarter a year earlier. Against the prior quarter it is down 130.2%.
Trio Tech Int earned $0.00 per diluted share (EPS) in Q3 2026. Against the prior quarter it is down 100.0%.
Cash & Balance Sheet
Trio Tech Int generated $707K in free cash flow in Q3 2026, representing cash available after capex. This represents an increase of 13.1% from the same quarter a year earlier. Against the prior quarter it is up 565.1%.
Trio Tech Int held $13.0M in cash against $515K in long-term debt as of Q3 2026.
Not reported for Q3 2026.
Margins & Returns
Trio Tech Int's gross margin was 15.5% in Q3 2026, indicating the percentage of revenue retained after direct costs. This is down 11.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.5 percentage points.
Trio Tech Int's operating margin was -0.5% in Q3 2026, reflecting core business profitability. This is up 4.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.1 percentage points.
Trio Tech Int's net profit margin was -0.2% in Q3 2026, showing the share of revenue converted to profit. This is up 6.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.0 percentage points.
Trio Tech Int's ROE was -0.1% in Q3 2026, measuring profit generated per dollar of shareholder equity. This is up 1.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.5 percentage points.
Capital Allocation
Trio Tech Int invested $99K in research and development in Q3 2026. This represents an increase of 10.0% from the same quarter a year earlier. Against the prior quarter it is down 6.6%.
Trio Tech Int invested $544K in capex in Q3 2026, funding long-term assets and infrastructure. This represents an increase of 248.7% from the same quarter a year earlier. Against the prior quarter it is up 90.2%.
Not reported for Q3 2026.
TRT Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $16.5M+123.6% | $15.6M+81.6% | $15.5M+58.3% | $10.7M+9.5% | $7.4M-29.0% | $8.6M-29.4% | $9.8M-1.7% | $9.7M+7.3% |
| Cost of Revenue | $14.0M+158.1% | $13.2M+105.4% | $12.9M+72.9% | $8.0M+13.9% | $5.4M-29.7% | $6.4M-31.5% | $7.5M+0.4% | $7.1M+4.0% |
| Gross Profit | $2.6M+29.3% | $2.5M+12.7% | $2.6M+11.3% | $2.6M-2.1% | $2.0M-26.9% | $2.2M-22.3% | $2.3M-7.9% | $2.7M+17.2% |
| R&D Expenses | $99K+10.0% | $106K-7.0% | $94K+6.8% | $92K+5.7% | $90K+1.1% | $114K-13.0% | $88K+3.5% | $87K+1.2% |
| SG&A Expenses | $2.3M+10.0% | $2.2M+11.8% | $2.2M+10.7% | $1.9M-8.1% | $2.1M-12.1% | $2.0M+8.1% | $2.0M-9.0% | $2.1M+6.7% |
| Operating Income | -$81K+76.4% | $97K+3333.3% | $46K-65.4% | $467K+30.4% | -$343K-681.4% | -$3K-100.4% | $133K+13400.0% | $358K+177.5% |
| EBITDA | $557K+69.8% | $538K-24.0% | $578K-31.5% | $1.1M+6.6% | $328K-60.0% | $708K-64.4% | $844K-42.6% | $1.0M-34.7% |
| Interest Expense | $11K+10.0% | $22K+69.2% | $8K-38.5% | $9K-35.7% | $10K-41.2% | $13K-40.9% | $13K-45.8% | $14K-36.4% |
| Income Tax | $146K+2333.3% | $77K-44.6% | $64K+25.5% | -$28K-113.2% | $6K-95.8% | $139K+46.3% | $51K+37.8% | $212K+43.2% |
| Net Income | -$38K+92.3% | $126K-75.1% | $77K+132.6% | $183K-24.7% | -$495K-807.1% | $507K0.0% | -$236K-202.6% | $243K+50.0% |
| EPS (Basic) | $0.00+100.0% | $0.01-83.3% | $0.02+133.3% | $0.04-33.3% | -$0.06-400.0% | $0.06-50.0% | -$0.06-200.0% | $0.06+50.0% |
| EPS (Diluted) | $0.00 | $0.01 | $0.02+133.3% | $0.04-20.0% | -$0.06 | $0.06 | -$0.06-220.0% | $0.05+25.0% |
| Diluted Shares (Avg) | 10M | 9M | 4M+0.6% | N/A | 9M | 9M | 4M+1.3% | N/A |
TRT Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $44.7M+11.9% | $45.7M+14.9% | $47.4M+10.3% | $41.1M-3.5% | $40.0M-7.3% | $39.8M-14.6% | $42.9M-3.9% | $42.5M+0.8% |
| Current Assets | $33.3M+7.6% | $34.7M+13.1% | $37.6M+15.9% | $31.6M-1.9% | $30.9M-4.2% | $30.6M-12.6% | $32.5M+0.4% | $32.2M+11.6% |
| Cash & Equivalents | $13.0M+17.7% | $12.4M+20.2% | $12.3M+37.0% | $10.9M+8.5% | $11.0M+2.8% | $10.3M-5.9% | $8.9M+7.4% | $10.0M+32.3% |
| Short-Term Investments | $2.6M-61.1% | $4.1M-34.8% | $5.1M-21.6% | $5.8M-10.5% | $6.6M+4.1% | $6.2M+7.4% | $6.5M+9.5% | $6.5M-2.0% |
| Inventory | $2.5M+10.4% | $2.8M+44.9% | $2.4M-16.3% | $2.3M-28.5% | $2.2M-18.3% | $2.0M-44.8% | $2.9M-28.6% | $3.2M+47.0% |
| Accounts Receivable | $13.4M+49.3% | $13.5M+36.2% | $15.9M+31.1% | $10.8M+1.3% | $9.0M-11.1% | $9.9M-20.2% | $12.1M+10.2% | $10.7M+8.7% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $12.3M+69.4% | $14.0M+84.8% | $13.2M+39.3% | $7.1M-35.4% | $7.2M-37.9% | $7.6M-49.8% | $9.5M-36.9% | $11.0M-13.1% |
| Current Liabilities | $9.9M+55.9% | $11.7M+73.4% | $12.0M+46.9% | $6.3M-33.3% | $6.3M-35.5% | $6.8M-47.6% | $8.1M-34.7% | $9.4M+1.0% |
| Non-Current Liabilities | $2.4M+163.0% | $2.3M+179.3% | $1.3M-6.0% | $793K-48.5% | $911K-50.5% | $820K-62.6% | $1.4M-47.3% | $1.5M-53.2% |
| Long-Term Debt | $515K-29.4% | $581K-25.7% | $622K-32.6% | $684K-21.7% | $729K-25.9% | $782K-31.2% | $923K-25.1% | $874K-35.4% |
| Total Equity | $34.3M+6.2% | $33.5M+5.2% | $34.1M+3.0% | $34.0M+8.6% | $32.3M+3.4% | $31.8M+1.3% | $33.1M+12.1% | $31.3M+6.5% |
| Retained Earnings | $11.0M-4.8% | $11.1M-8.4% | $12.1M+4.6% | $12.0M+1.9% | $11.6M+0.2% | $12.1M+5.1% | $11.6M+5.3% | $11.8M+9.8% |
Not reported in any period shown, so not listed: Goodwill.
TRT Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.3M+60.2% | $134K-93.7% | $933K+150.2% | -$664K-433.7% | $781K-32.1% | $2.1M+57.2% | -$1.9M-7837.5% | $199K-88.3% |
| Depreciation & Amortization | $638K-4.9% | $441K-38.0% | $532K-25.2% | $648K-5.8% | $671K-11.9% | $711K-45.8% | $711K-51.7% | $688K-52.5% |
| Stock-Based Compensation | N/A | N/A | $58K-18.3% | N/A | N/A | N/A | $71K+18.3% | N/A |
| Capital Expenditures | $544K+248.7% | $286K+56.3% | $46K-33.3% | $559K+67.4% | $156K+212.0% | $183K+125.9% | $69K-10.4% | $334K-20.7% |
| Free Cash Flow | $707K+13.1% | -$152K-107.9% | $887K+146.1% | -$1.2M-805.9% | $625K-43.2% | $1.9M+52.8% | -$1.9M-3534.0% | -$135K-110.6% |
| Investing Cash Flow | $419K+223.6% | $894K+462.3% | $652K+704.9% | $266K+146.7% | -$339K+50.1% | $159K-50.6% | $81K-90.0% | -$569K+70.0% |
| Financing Cash Flow | -$1.6M-1995.4% | -$1.2M-1196.7% | -$219K-135.5% | $56K+566.7% | $87K+124.3% | -$90K-166.2% | -$93K-164.6% | -$12K+92.7% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
TRT Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 15.5%-11.3pp | 16.0%-9.8pp | 16.7%-7.0pp | 24.6%-2.9pp | 26.8%+0.8pp | 25.7%+2.3pp | 23.7%-1.6pp | 27.6%+2.3pp |
| Operating Margin | -0.5%+4.2pp | 0.6%+0.7pp | 0.3%-1.1pp | 4.4%+0.7pp | -4.7%-5.2pp | 0.0%-5.6pp | 1.4%+1.4pp | 3.7%+2.3pp |
| Net Margin | -0.2%+6.5pp | 0.8%-5.1pp | 0.5%+2.9pp | 1.7%-0.8pp | -6.7%-7.4pp | 5.9%+1.7pp | -2.4%-4.7pp | 2.5%+0.7pp |
| Return on Equity | -0.1%+1.4pp | 0.4%-1.2pp | 0.2%+0.9pp | 0.5%-0.2pp | -1.5%-1.7pp | 1.6%0.0pp | -0.7%-1.5pp | 0.8%+0.2pp |
| Return on Assets | -0.1%+1.2pp | 0.3%-1.0pp | 0.2%+0.7pp | 0.4%-0.1pp | -1.2%-1.4pp | 1.3%+0.2pp | -0.5%-1.1pp | 0.6%+0.2pp |
| Current Ratio | 3.38-1.5x | 2.96-1.6x | 3.15-0.8x | 5.03+1.6x | 4.89+1.6x | 4.54+1.8x | 3.99+1.4x | 3.42+0.3x |
| Debt-to-Equity | 0.010.0x | 0.020.0x | 0.020.0x | 0.020.0x | 0.020.0x | 0.020.0x | 0.030.0x | 0.030.0x |
| Asset Turnover | 0.37+0.2x | 0.34+0.1x | 0.33+0.1x | 0.260.0x | 0.18-0.1x | 0.220.0x | 0.230.0x | 0.230.0x |
| FCF Margin | 4.3%-4.2pp | -1.0%-23.3pp | 5.7%+25.4pp | -11.5%-10.1pp | 8.5%-2.1pp | 22.4%+12.0pp | -19.7%-19.1pp | -1.4%-15.5pp |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Trio Tech Int TRT | FY2025 | $36.5M | -$41K | -0.1% | $106.2M | 54/100 |
| Smartkem SMTK | FY2025 | $697K | -$10.5M | N/A | $1.4M | — |
| Intest INTT | FY2025 | $113.8M | -$2.5M | -2.2% | $138.8M | 51/100 |
| Axt Inc AXTI | FY2025 | $88.3M | -$21.3M | -24.1% | $3.7B | 44/100 |
| Amtech Systems ASYS | FY2025 | $79.4M | -$30.3M | -38.2% | $255.6M | 52/100 |
| Atomera Inc ATOM | FY2025 | $65K | -$20.2M | N/A | $156.1M | — |
Where Trio Tech Int Ranks
Frequently Asked Questions
What is Trio Tech Int's annual revenue?
Trio Tech Int (TRT) reported $36.5M in total revenue for fiscal year 2025. This represents a -13.8% 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 Trio Tech Int's revenue growing?
Trio Tech Int (TRT) revenue declined by 13.8% year-over-year, from $42.3M to $36.5M in fiscal year 2025.
Is Trio Tech Int profitable?
No, Trio Tech Int (TRT) reported a net income of -$41K in fiscal year 2025, with a net profit margin of -0.1%.
What is Trio Tech Int's EBITDA?
Trio Tech Int (TRT) had EBITDA of $3.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Trio Tech Int have?
As of fiscal year 2025, Trio Tech Int (TRT) had $10.9M in cash and equivalents against $684K in long-term debt.
What is Trio Tech Int's gross margin?
Trio Tech Int (TRT) had a gross margin of 25.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Trio Tech Int's operating margin?
Trio Tech Int (TRT) had an operating margin of 0.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Trio Tech Int's net profit margin?
Trio Tech Int (TRT) had a net profit margin of -0.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Trio Tech Int's return on equity (ROE)?
Trio Tech Int (TRT) has a return on equity of -0.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Trio Tech Int's free cash flow?
Trio Tech Int (TRT) recorded an outflow of $596K in free cash flow during fiscal year 2025. This represents a -127.4% 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 Trio Tech Int's operating cash flow?
Trio Tech Int (TRT) generated $371K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Trio Tech Int's total assets?
Trio Tech Int (TRT) had $41.1M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Trio Tech Int's capital expenditures?
Trio Tech Int (TRT) invested $967K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Trio Tech Int spend on research and development?
Trio Tech Int (TRT) invested $384K in research and development during fiscal year 2025.
What is Trio Tech Int's current ratio?
Trio Tech Int (TRT) had a current ratio of 5.03 as of fiscal year 2025, which is generally considered healthy.
What is Trio Tech Int's debt-to-equity ratio?
Trio Tech Int (TRT) had a debt-to-equity ratio of 0.02 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Trio Tech Int's return on assets (ROA)?
Trio Tech Int (TRT) had a return on assets of -0.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Trio Tech Int's P/E ratio?
Trio Tech Int (TRT) trades at 305x earnings, its market capitalization divided by net income of $348K net income, trailing 12 months to March 31, 2026. The market capitalization is $106.2M as of Sep 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Trio Tech Int's price-to-sales ratio?
Trio Tech Int (TRT) trades at 1.8x sales, its market capitalization divided by revenue of $58.3M revenue, trailing 12 months to March 31, 2026. The market capitalization is $106.2M as of Sep 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Trio Tech Int's Altman Z-Score?
Trio Tech Int (TRT) has an Altman Z-Score of 11.06, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Trio Tech Int's Piotroski F-Score?
Trio Tech Int (TRT) has a Piotroski F-Score of 4 out of 9, indicating neutral 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Trio Tech Int's earnings high quality?
Trio Tech Int (TRT) reported a net loss of $41K while generating $371K in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. 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 Trio Tech Int cover its interest payments?
Trio Tech Int (TRT) has an interest coverage ratio of 5.64x, meaning it can comfortably 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 Trio Tech Int?
Trio Tech Int (TRT) scores 54 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.