Pioneer Power Solutions, Inc. (PPSI)

Pioneer Power Solutions Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	22.88	11.12	25.88	18.31	19.49
Revenue Growth (YoY)	105.82%	-57.05%	41.33%	-6.05%	-5.31%
Cost of Revenue	17.37	8.89	23.05	16.92	18.61
Gross Profit	5.51	2.23	2.83	1.39	0.88
Selling, General & Admin	9.71	8.38	8.64	5.15	5.03
Research & Development	1.05	0.89	-	-	-
Operating Expenses	10.76	9.26	8.64	5.26	5.17
Operating Income	-5.25	-7.04	-5.81	-3.86	-4.28
Interest & Investment Income	0.43	0.23	0.47	0.39	0.33
Other Non Operating Income (Expenses)	0.05	-0	-0.07	-0.13	0
EBT Excluding Unusual Items	-4.77	-6.8	-5.41	-3.6	-3.95
Gain (Loss) on Sale of Investments	-	-	-	-	0.97
Legal Settlements	-	0.53	-	-	-
Other Unusual Items	-	-	-	1.42	-
Pretax Income	-4.77	-6.28	-5.41	-2.18	-2.98
Income Tax Expense	-1.42	-	0.01	-0.02	0.01
Earnings From Continuing Operations	-3.35	-6.28	-5.42	-2.17	-2.99
Earnings From Discontinued Operations	35.2	4.38	-	-	-
Net Income	31.86	-1.9	-5.42	-2.17	-2.99
Net Income to Common	31.86	-1.9	-5.42	-2.17	-2.99
Shares Outstanding (Basic)	11	10	10	9	9
Shares Outstanding (Diluted)	11	10	10	9	9
Shares Change (YoY)	10.59%	1.83%	9.82%	1.51%	-
EPS (Basic)	2.96	-0.19	-0.56	-0.24	-0.34
EPS (Diluted)	2.96	-0.19	-0.56	-0.24	-0.34
Free Cash Flow	-9.97	-6.39	-7.28	-3.43	-3.61
Free Cash Flow Per Share	-0.91	-0.65	-0.75	-0.39	-0.41
Gross Margin	24.10%	20.02%	10.92%	7.61%	4.52%
Operating Margin	-22.94%	-63.29%	-22.45%	-21.09%	-21.98%
Profit Margin	139.23%	-17.07%	-20.94%	-11.83%	-15.32%
Free Cash Flow Margin	-43.58%	-57.49%	-28.15%	-18.73%	-18.54%
EBITDA	-4.4	-6.31	-5.34	-3.42	-3.82
EBITDA Margin	-19.25%	-56.80%	-20.65%	-18.70%	-19.60%
D&A For EBITDA	0.85	0.72	0.47	0.44	0.46
EBIT	-5.25	-7.04	-5.81	-3.86	-4.28
EBIT Margin	-22.94%	-63.29%	-22.45%	-21.09%	-21.98%

Updated Apr 15, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q