CPI Aerostructures, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $69.3M | $81.1M | $86.5M | $83.3M | $103.4M | $87.6M | $87.5M | $70.4M |
| Cost of Revenue | $58.7M | $63.8M | $69.4M | $67.0M | $88.4M | $77.8M | $80.7M | $66.2M |
| Gross Profit | $10.6M | $17.2M | $17.1M | $16.3M | $15.0M | $9.8M | $6.8M | $4.2M |
| Gross Margin | 15.2% | 21.3% | 19.7% | 19.6% | 14.5% | 11.1% | 7.8% | 6.0% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $10.7M | $10.5M | $10.8M | $11.4M | $11.8M | $12.0M | $11.6M | $9.8M |
| Operating Income | $-176.4K | $6.7M | $6.3M | $4.9M | $3.2M | $-2.3M | $-4.7M | $-5.6M |
| Operating Margin | -0.3% | 8.3% | 7.3% | 5.9% | 3.1% | -2.6% | -5.4% | -7.9% |
| Interest Expense | — | $2.3M | $2.5M | $2.3M | $1.1M | $1.4M | $2.1M | $2.0M |
| Pretax Income | $-1.7M | $4.4M | $3.9M | $2.6M | $6.8M | $-3.7M | $-6.7M | $-7.5M |
| Income Tax Expense | $-900.9K | $1.1M | $-13.3M | $-6.6M | $14.6K | $-53.4K | $3.9K | $16.0K |
| Net Income | $-843.4K | $3.3M | $17.2M | $9.2M | $6.8M | $-3.7M | $-6.8M | $-7.5M |
| Net Margin | -1.2% | 4.1% | 19.9% | 11.0% | 6.6% | -4.2% | -7.7% | -10.7% |
| EPS (Basic) | $-0.07 | $0.26 | $1.40 | $0.74 | $0.56 | $-0.31 | $-0.57 | $-0.80 |
| EPS (Diluted) | $-0.07 | $0.26 | $1.38 | $0.74 | $0.56 | $-0.31 | $-0.57 | $-0.80 |
| Shares Outstanding (Basic) | 12.8M | 12.6M | 12.3M | 12.4M | 12.2M | 11.9M | 11.8M | 9.5M |
| Shares Outstanding (Diluted) | 12.8M | 12.7M | 12.5M | 12.4M | 12.2M | 11.9M | 11.8M | 9.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |