TAT Technologies Ltd. (TATT)

TAT Technologies 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	122.66	113.79	84.56	77.97	75.36	97.48
Revenue Growth (YoY)	36.57%	34.58%	8.44%	3.47%	-22.69%	11.12%
Cost of Revenue	97.39	91.33	68.63	66.7	66.92	82.18
Gross Profit	25.28	22.47	15.93	11.27	8.44	15.3
Selling, General & Admin	17.46	16.11	15.6	13.5	11.98	12.58
Research & Development	0.89	0.72	0.48	0.52	0.19	0.11
Other Operating Expenses	-0.42	-0.43	1.63	1.29	0.32	0
Operating Expenses	17.94	16.39	17.7	15.31	12.48	12.7
Operating Income	7.34	6.08	-1.78	-4.04	-4.05	2.6
Interest Expense / Income	1.66	1.68	0.9	0.25	0.1	1.27
Other Expense / Income	-0.9	-0.86	-1.21	-0.06	2.7	-0.06
Pretax Income	6.57	5.25	-1.46	-4.22	-6.85	1.4
Income Tax	0.45	0.58	0.1	-0.66	-1.52	0.59
Net Income	6.13	4.67	-1.56	-3.56	-5.33	0.81
Net Income Growth	833.69%	-	-	-	-	-
Shares Outstanding (Basic)	10	9	9	9	9	9
Shares Outstanding (Diluted)	11	9	9	9	9	9
Shares Change	18.43%	1.94%	0.42%	-	-	0.11%
EPS (Basic)	0.64	0.52	-0.17	-0.40	-0.60	0.10
EPS (Diluted)	0.62	0.51	-0.17	-0.40	-0.60	0.10
EPS Growth	684.81%	-	-	-	-	-
Free Cash Flow	-5.97	-0.85	-20.99	-16.58	2.21	0.15
Free Cash Flow Per Share	-0.57	-0.09	-2.35	-1.87	0.25	0.02
Gross Margin	20.61%	19.74%	18.84%	14.45%	11.19%	15.70%
Operating Margin	5.98%	5.34%	-2.10%	-5.17%	-5.37%	2.67%
Profit Margin	4.99%	4.11%	-1.85%	-4.57%	-7.07%	0.83%
Free Cash Flow Margin	-4.87%	-0.74%	-24.82%	-21.26%	2.93%	0.16%
Effective Tax Rate	6.83%	10.98%	-	-	-	42.22%
EBITDA	13.28	11.64	3.14	0.91	-2.69	6.96
EBITDA Margin	10.82%	10.23%	3.72%	1.16%	-3.56%	7.14%
Depreciation & Amortization	5.04	4.71	3.71	4.88	4.07	4.29
EBIT	8.23	6.93	-0.56	-3.97	-6.75	2.67
EBIT Margin	6.71%	6.09%	-0.66%	-5.10%	-8.96%	2.73%

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).