The Shyft Group Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2015
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2019 - 2015
Revenue	786.18	872.2	1,027	991.79	675.97	Upgrade
Revenue Growth (YoY)	-9.86%	-15.09%	3.57%	46.72%	-10.65%	Upgrade
Cost of Revenue	628.99	721.84	846.73	792.53	529.7	Upgrade
Gross Profit	157.19	150.36	180.43	199.27	146.28	Upgrade
Selling, General & Admin	136.76	118.42	107.6	106.67	93.07	Upgrade
Research & Development	16.32	25.19	25.32	8.54	4.36	Upgrade
Operating Expenses	153.08	143.61	132.92	115.21	97.43	Upgrade
Operating Income	4.11	6.75	47.51	84.05	48.85	Upgrade
Interest Expense	-8.54	-6.53	-2.83	-0.41	-1.29	Upgrade
Other Non Operating Income (Expenses)	2.2	0.47	-0.75	0.84	0.6	Upgrade
EBT Excluding Unusual Items	-2.23	0.7	43.93	84.48	48.16	Upgrade
Pretax Income	-2.23	0.7	43.93	84.48	48.16	Upgrade
Income Tax Expense	0.57	-5.77	7.37	14.51	9.87	Upgrade
Earnings From Continuing Operations	-2.8	6.46	36.56	69.97	38.29	Upgrade
Earnings From Discontinued Operations	-	-	-	0.18	-5.12	Upgrade
Net Income to Company	-2.8	6.46	36.56	70.16	33.17	Upgrade
Minority Interest in Earnings	-	0.03	-	-1.23	-0.35	Upgrade
Net Income	-2.8	6.5	36.56	68.93	32.82	Upgrade
Net Income to Common	-2.8	6.5	36.56	68.93	32.82	Upgrade
Net Income Growth	-	-82.23%	-46.96%	110.02%	-	Upgrade
Shares Outstanding (Basic)	34	35	35	35	35	Upgrade
Shares Outstanding (Diluted)	34	35	35	36	36	Upgrade
Shares Change (YoY)	-1.24%	-1.78%	-1.67%	0.16%	1.76%	Upgrade
EPS (Basic)	-0.08	0.19	1.04	1.95	0.93	Upgrade
EPS (Diluted)	-0.08	0.19	1.03	1.92	0.91	Upgrade
EPS Growth	-	-81.84%	-46.21%	110.94%	-	Upgrade
Free Cash Flow	16.4	35.51	-39.41	51.01	49.8	Upgrade
Free Cash Flow Per Share	0.48	1.02	-1.11	1.41	1.38	Upgrade
Dividend Per Share	0.200	0.200	0.200	0.100	0.100	Upgrade
Dividend Growth	-	-	100.00%	-	-	Upgrade
Gross Margin	19.99%	17.24%	17.57%	20.09%	21.64%	Upgrade
Operating Margin	0.52%	0.77%	4.63%	8.48%	7.23%	Upgrade
Profit Margin	-0.36%	0.74%	3.56%	6.95%	4.86%	Upgrade
Free Cash Flow Margin	2.08%	4.07%	-3.84%	5.14%	7.37%	Upgrade
EBITDA	24.36	23.71	62.28	95.41	59.98	Upgrade
EBITDA Margin	3.10%	2.72%	6.06%	9.62%	8.87%	Upgrade
D&A For EBITDA	20.25	16.95	14.77	11.36	11.13	Upgrade
EBIT	4.11	6.75	47.51	84.05	48.85	Upgrade
EBIT Margin	0.52%	0.77%	4.63%	8.48%	7.23%	Upgrade
Effective Tax Rate	-	-	16.77%	17.17%	20.49%	Upgrade

Updated Feb 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q