SMTC Corporation (SMTX) financial statements (2022 and earlier)

Company profile

Business Address 7050 WOODBINE AVENUE
MARKHAM, ON L3R4G8
State of Incorp. DE
Fiscal Year End December 31
SIC 3672 - Printed Circuit Boards (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments6001693111,3541,368601634
Cash and cash equivalents6001693111,3541,368601634
Receivables69,93473,56665,23170,77369,91961,56665,109
Inventory, net of allowances, customer advances and progress billings49,79951,53750,12543,32147,82649,53546,149
Inventory49,79951,53750,12543,32147,82649,53546,149
Prepaid expense7,8726,5646,8136,3937,0446,6586,691
Contract with customer, asset39,33642,73638,64728,77926,27126,79027,619
Derivative instruments and hedges, assets1,055720459    
Total current assets:168,596175,292161,586150,620152,428145,150146,202
Noncurrent Assets
Operating lease, right-of-use asset7,7915,8976,4196,5883,3303,8874,445
Property, plant and equipment24,30523,39723,49524,41025,31026,34826,855
Intangible assets, net (including goodwill)27,86628,19428,54829,39430,91232,56834,412
Goodwill18,16518,16518,16518,16518,16518,16518,165
Intangible assets, net (excluding goodwill)9,70110,02910,38311,22912,74714,40316,247
Deferred income tax assets569555473525540  
Other undisclosed noncurrent assets8127427498048591,265931
Total noncurrent assets:61,34358,78559,68461,72160,95164,06866,643
TOTAL ASSETS:229,939234,077221,270212,341213,379209,218212,845
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities95,032101,35890,89782,71485,44780,56379,026
Accounts payable72,60877,97970,59167,73674,12667,08266,639
Accrued liabilities21,94623,12520,03914,70211,16413,38712,174
Taxes payable47825426727615794213
Debt36,93936,17435,05334,50637,05537,63917,040
Derivative instruments and hedges, liabilities   512   
Restructuring reserve2,4433646758871,5972,736 
Other undisclosed current liabilities8,3235,3854,9814,3412,9802,3403,316
Total current liabilities:142,737143,281131,606122,960127,079123,27899,382
Noncurrent Liabilities
Long-term debt and lease obligation46,01246,25146,52047,34745,20346,07768,190
Long-term debt, excluding current maturities30,93032,51332,90333,36533,75034,15455,887
Finance lease, liability9,4928,6968,2788,5368,8389,1059,284
Operating lease, liability5,5905,0425,3395,4462,6152,8183,019
Other undisclosed noncurrent liabilities(5,590)(5,042)(5,339)(5,446)   
Total noncurrent liabilities:40,42246,25146,52047,34745,20346,07768,190
Total liabilities:188,749189,532178,126170,307172,282169,355167,572
Stockholders' equity
Stockholders' equity attributable to parent41,19044,54543,14442,03441,09739,86345,273
Common stock511508508508508507506
Additional paid in capital294,060293,864293,706293,551293,389293,152292,829
Accumulated deficit(253,381)(249,827)(251,070)(252,025)(252,800)(253,796)(248,062)
Total stockholders' equity:41,19044,54543,14442,03441,09739,86345,273
TOTAL LIABILITIES AND EQUITY:229,939234,077221,270212,341213,379209,218212,845

Income statement (P&L) ($ in thousands)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Revenues101,35999,54790,40695,13890,24488,68290,936
Cost of revenue
(Cost of Goods and Services Sold)
(89,513)(88,445)(79,720)(85,499)(79,750)(79,776)(81,939)
Gross profit:11,84611,10210,6869,63910,4948,9068,997
Operating expenses(8,566)(6,710)(7,107)(7,219)(6,463)(13,003)(8,146)
Other undisclosed operating income (loss)(3,600)(871)125221(640)858 
Operating income (loss):(320)3,5213,7042,6413,391(3,239)851
Interest and debt expense(2,028)(1,941)(1,987)(2,093)(2,213)(2,679)(2,800)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(837)(133)(399)517   
Income (loss) from continuing operations before income taxes:(3,185)1,4471,3181,0651,178(5,918)(1,949)
Income tax expense (benefit)(369)(204)(363)(290)(182)184(519)
Net income (loss) available to common stockholders, diluted:(3,554)1,243955775996(5,734)(2,468)

Comprehensive Income ($ in thousands)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income (loss):(3,554)1,243955775996(5,734)(2,468)
Comprehensive income (loss), net of tax, attributable to parent:(3,554)1,243955775996(5,734)(2,468)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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