Frequency Electronics Income Statement

Financials in millions USD. Fiscal year is May - April.

Millions USD. Fiscal year is May - Apr.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Apr '25 Apr 30, 2025	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021
Revenue	69.85	69.81	55.27	40.78	48.3	54.25
Revenue Growth (YoY)	16.06%	26.30%	35.55%	-15.57%	-10.98%	30.71%
Cost of Revenue	42.46	39.71	36.69	32.93	39.7	37.33
Gross Profit	27.4	30.1	18.58	7.85	8.6	16.92
Selling, General & Admin	13.26	12.29	10.18	9.37	11.66	13.19
Research & Development	5.31	6.08	3.38	3.15	4.98	4.69
Operating Expenses	18.57	18.37	13.56	12.52	16.64	17.88
Operating Income	8.83	11.73	5.02	-4.67	-8.04	-0.96
Interest Expense	-0.1	-0.1	-0.11	-0.16	-0.08	-0.13
Interest & Investment Income	0.46	0.52	0.56	-	0.2	0.46
Other Non Operating Income (Expenses)	-0.08	-0	-0.01	0.01	0.16	1.1
EBT Excluding Unusual Items	9.12	12.14	5.46	-4.82	-7.76	0.48
Gain (Loss) on Sale of Investments	-	-	-	-0.61	-0.8	-
Gain (Loss) on Sale of Assets	-	-	-	-	-0.11	-
Pretax Income	9.12	12.14	5.46	-5.43	-8.66	0.48
Income Tax Expense	-11.92	-11.54	-0.13	0.07	0	-0.2
Earnings From Continuing Operations	21.04	23.69	5.59	-5.5	-8.66	0.68
Net Income	21.04	23.69	5.59	-5.5	-8.66	0.68
Net Income to Common	21.04	23.69	5.59	-5.5	-8.66	0.68
Net Income Growth	168.36%	323.42%	-	-	-	-
Shares Outstanding (Basic)	10	10	9	9	9	9
Shares Outstanding (Diluted)	10	10	9	9	9	9
Shares Change (YoY)	1.98%	1.94%	1.00%	0.77%	0.19%	1.93%
EPS (Basic)	2.17	2.46	0.59	-0.59	-0.93	0.07
EPS (Diluted)	2.17	2.46	0.59	-0.59	-0.93	0.07
EPS Growth	163.76%	316.95%	-	-	-	-
Free Cash Flow	-5.49	-3.24	7.22	0.26	2.18	10.92
Free Cash Flow Per Share	-0.57	-0.34	0.77	0.03	0.23	1.18
Gross Margin	39.22%	43.11%	33.62%	19.25%	17.80%	31.19%
Operating Margin	12.64%	16.80%	9.08%	-11.46%	-16.64%	-1.77%
Profit Margin	30.12%	33.93%	10.12%	-13.49%	-17.94%	1.25%
Free Cash Flow Margin	-7.86%	-4.63%	13.05%	0.63%	4.51%	20.12%
EBITDA	10.85	13.79	7.14	-2.24	-5.01	2.34
EBITDA Margin	15.53%	19.75%	12.92%	-5.49%	-10.38%	4.32%
D&A For EBITDA	2.02	2.06	2.12	2.43	3.03	3.3
EBIT	8.83	11.73	5.02	-4.67	-8.04	-0.96
EBIT Margin	12.64%	16.80%	9.08%	-11.46%	-16.64%	-1.77%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.