CPI Aerostructures, Inc. (CVU)

CPI Aerostructures Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	83.53	86.47	83.34	103.37	87.58	87.52
Revenue Growth (YoY)	-1.98%	3.76%	-19.38%	18.02%	0.08%	24.38%
Cost of Revenue	67.57	69.4	67.03	88.36	77.82	80.69
Gross Profit	15.96	17.07	16.3	15.01	9.76	6.83
Selling, General & Admin	10.6	10.76	11.41	11.82	12.05	11.56
Operating Expenses	10.6	10.76	11.41	11.82	12.05	11.56
Operating Income	5.35	6.31	4.89	3.18	-2.29	-4.73
Interest Expense / Income	2.48	2.46	2.27	1.14	1.42	2.1
Other Expense / Income	-	-	-	-4.8	-	-0.09
Pretax Income	2.88	3.85	2.62	6.83	-3.71	-6.75
Income Tax	-13.51	-13.35	-6.55	0.01	-0.05	0
Net Income	16.39	17.2	9.18	6.82	-3.65	-6.75
Net Income Growth	60.77%	87.45%	34.54%	-	-	-
Shares Outstanding (Basic)	12	12	12	12	12	12
Shares Outstanding (Diluted)	13	12	12	12	12	12
Shares Change	0.57%	0.66%	1.61%	2.60%	0.65%	24.55%
EPS (Basic)	1.33	1.40	0.74	0.56	-0.31	-0.57
EPS (Diluted)	1.31	1.38	0.74	0.56	-0.31	-0.57
EPS Growth	59.76%	86.49%	32.14%	-	-	-
Free Cash Flow	1.93	3.79	0.9	2.77	-1.75	-0.81
Free Cash Flow Per Share	0.15	0.31	0.07	0.23	-0.15	-0.07
Gross Margin	19.10%	19.74%	19.56%	14.52%	11.14%	7.81%
Operating Margin	6.41%	7.29%	5.87%	3.08%	-2.61%	-5.41%
Profit Margin	19.62%	19.89%	11.01%	6.60%	-4.17%	-7.71%
Free Cash Flow Margin	2.31%	4.38%	1.08%	2.68%	-2.00%	-0.93%
Effective Tax Rate	-469.57%	-346.58%	-249.82%	0.21%	-	-
EBITDA	5.81	6.78	5.58	9.01	-1.25	-3.52
EBITDA Margin	6.95%	7.84%	6.70%	8.71%	-1.43%	-4.02%
Depreciation & Amortization	0.45	0.47	0.69	1.03	1.03	1.12
EBIT	5.35	6.31	4.89	7.98	-2.29	-4.64
EBIT Margin	6.41%	7.29%	5.87%	7.72%	-2.61%	-5.30%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).