SMTC Corporation (SMTX) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
7050 WOODBINE AVENUE MARKHAM, ON L3R4G8 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3672 - Printed Circuit Boards (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 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 investments | 169 | 311 | 1,354 | 1,368 | 601 | 634 | |||
| Cash and cash equivalents | 169 | 311 | 1,354 | 1,368 | 601 | 634 | |||
| Receivables | 73,566 | 65,231 | 70,773 | 69,919 | 61,566 | 65,109 | |||
| Inventory, net of allowances, customer advances and progress billings | 51,537 | 50,125 | 43,321 | 47,826 | 49,535 | 46,149 | |||
| Inventory | 51,537 | 50,125 | 43,321 | 47,826 | 49,535 | 46,149 | |||
| Prepaid expense | 6,564 | 6,813 | 6,393 | 7,044 | 6,658 | 6,691 | |||
| Contract with customer, asset, after allowance for credit loss | 42,736 | 38,647 | 28,779 | 26,271 | 26,790 | 27,619 | |||
| Derivative instruments and hedges, assets | 720 | 459 | |||||||
| Total current assets: | 175,292 | 161,586 | 150,620 | 152,428 | 145,150 | 146,202 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 5,897 | 6,419 | 6,588 | 3,330 | 3,887 | 4,445 | |||
| Property, plant and equipment | 23,397 | 23,495 | 24,410 | 25,310 | 26,348 | 26,855 | |||
| Intangible assets, net (including goodwill) | 28,194 | 28,548 | 29,394 | 30,912 | 32,568 | 34,412 | |||
| Goodwill | 18,165 | 18,165 | 18,165 | 18,165 | 18,165 | 18,165 | |||
| Intangible assets, net (excluding goodwill) | 10,029 | 10,383 | 11,229 | 12,747 | 14,403 | 16,247 | |||
| Deferred income tax assets | 555 | 473 | 525 | 540 | |||||
| Other undisclosed noncurrent assets | 742 | 749 | 804 | 859 | 1,265 | 931 | |||
| Total noncurrent assets: | 58,785 | 59,684 | 61,721 | 60,951 | 64,068 | 66,643 | |||
| TOTAL ASSETS: | 234,077 | 221,270 | 212,341 | 213,379 | 209,218 | 212,845 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 101,358 | 90,897 | 82,714 | 85,447 | 80,563 | 79,026 | |||
| Taxes payable | 254 | 267 | 276 | 157 | 94 | 213 | |||
| Accounts payable | 77,979 | 70,591 | 67,736 | 74,126 | 67,082 | 66,639 | |||
| Accrued liabilities | 23,125 | 20,039 | 14,702 | 11,164 | 13,387 | 12,174 | |||
| Debt | 36,174 | 35,053 | 34,506 | 37,055 | 37,639 | 17,040 | |||
| Derivative instruments and hedges, liabilities | 512 | ||||||||
| Restructuring reserve | 364 | 675 | 887 | 1,597 | 2,736 | ||||
| Other undisclosed current liabilities | 5,385 | 4,981 | 4,341 | 2,980 | 2,340 | 3,316 | |||
| Total current liabilities: | 143,281 | 131,606 | 122,960 | 127,079 | 123,278 | 99,382 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 46,251 | 46,520 | 47,347 | 45,203 | 46,077 | 68,190 | |||
| Long-term debt, excluding current maturities | 32,513 | 32,903 | 33,365 | 33,750 | 34,154 | 55,887 | |||
| Finance lease, liability | 8,696 | 8,278 | 8,536 | 8,838 | 9,105 | 9,284 | |||
| Operating lease, liability | 5,042 | 5,339 | 5,446 | 2,615 | 2,818 | 3,019 | |||
| Other undisclosed noncurrent liabilities | (5,042) | (5,339) | (5,446) | ||||||
| Total noncurrent liabilities: | 46,251 | 46,520 | 47,347 | 45,203 | 46,077 | 68,190 | |||
| Total liabilities: | 189,532 | 178,126 | 170,307 | 172,282 | 169,355 | 167,572 | |||
| Equity | |||||||||
| Equity, attributable to parent | 44,545 | 43,144 | 42,034 | 41,097 | 39,863 | 45,273 | |||
| Common stock | 508 | 508 | 508 | 508 | 507 | 506 | |||
| Additional paid in capital | 293,864 | 293,706 | 293,551 | 293,389 | 293,152 | 292,829 | |||
| Accumulated deficit | (249,827) | (251,070) | (252,025) | (252,800) | (253,796) | (248,062) | |||
| Total equity: | 44,545 | 43,144 | 42,034 | 41,097 | 39,863 | 45,273 | |||
| TOTAL LIABILITIES AND EQUITY: | 234,077 | 221,270 | 212,341 | 213,379 | 209,218 | 212,845 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 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 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 99,547 | 90,406 | 95,138 | 90,244 | 88,682 | 90,936 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (88,445) | (79,720) | (85,499) | (79,750) | (79,776) | (81,939) | ||
| Gross profit: | 11,102 | 10,686 | 9,639 | 10,494 | 8,906 | 8,997 | ||
| Operating expenses | (6,710) | (7,107) | (7,219) | (6,463) | (13,003) | (8,146) | ||
| Other undisclosed operating income (loss) | (871) | 125 | 221 | (640) | 858 | |||
| Operating income (loss): | 3,521 | 3,704 | 2,641 | 3,391 | (3,239) | 851 | ||
| Interest and debt expense | (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 | (133) | (399) | 517 | |||||
| Income (loss) from continuing operations before income taxes: | 1,447 | 1,318 | 1,065 | 1,178 | (5,918) | (1,949) | ||
| Income tax expense (benefit) | (204) | (363) | (290) | (182) | 184 | (519) | ||
| Income (loss) from continuing operations: | 1,243 | 955 | 775 | 996 | (5,734) | (2,468) | ||
| Income (loss) before gain (loss) on sale of properties: | 1,243 | 955 | 775 | 996 | (5,734) | (2,468) | ||
| Net income (loss) available to common stockholders, diluted: | 1,243 | 955 | 775 | 996 | (5,734) | (2,468) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 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): | 1,243 | 955 | 775 | 996 | (5,734) | (2,468) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 1,243 | 955 | 775 | 996 | (5,734) | (2,468) | ||
Statements Sources
The financial statements are based on the Company's filings with 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.