Motorcar Parts of America, Inc.
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $169.9M | $189.5M | $171.9M | $196.6M | $159.7M | $194.7M | $151.8M | $172.5M |
| Cost of Revenue | $140.7M | $154.7M | $141.8M | $155.5M | $133.1M | $158.6M | $130.8M | $146.0M |
| Gross Profit | $29.2M | $34.8M | $30.0M | $41.1M | $26.6M | $36.2M | $21.0M | $26.5M |
| Gross Margin | 17.2% | 18.4% | 17.5% | 20.9% | 16.6% | 18.6% | 13.8% | 15.4% |
| Operating Expenses | ||||||||
| Research & Development | $2.4M | $2.6M | $2.5M | $2.4M | $2.4M | $2.0M | $2.5M | $2.7M |
| SG&A Expense | $16.7M | $15.6M | $15.2M | $14.3M | $12.6M | $12.7M | $13.6M | $14.8M |
| Operating Income | $-6.5M | $12.2M | $9.5M | $13.9M | $10.4M | $23.7M | $3.5M | $1.9M |
| Operating Margin | -3.8% | 6.4% | 5.5% | 7.1% | 6.5% | 12.2% | 2.3% | 1.1% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-18.3M | $288.0K | $-9.9M | $-2.0M | $-1.4M | $11.9M | $-7.9M | $-7.4M |
| Income Tax Expense | $-178.0K | $-1.1M | $37.3M | $-46.0K | $-9.0K | $10.4M | $-9.0M | $-914.0K |
| Net Income | $-18.1M | $1.3M | $-47.2M | $-2.0M | $-1.4M | $1.5M | $1.0M | $-6.5M |
| Net Margin | -10.6% | 0.7% | -27.5% | -1.0% | -0.9% | 0.7% | 0.7% | -3.8% |
| EPS (Basic) | $-0.92 | $0.06 | $-2.40 | $-0.10 | $-0.07 | $0.08 | $0.05 | $-0.34 |
| EPS (Diluted) | $-0.92 | $0.06 | $-2.40 | $-0.10 | $-0.07 | $0.08 | $0.05 | $-0.34 |
| Shares Outstanding (Basic) | 19.7M | 19.6M | 19.6M | 19.6M | 19.5M | 19.3M | 19.5M | 19.3M |
| Shares Outstanding (Diluted) | 19.7M | 19.6M | 19.6M | 19.6M | 19.5M | 19.3M | 19.6M | 19.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |