Torotel Inc (TTLO) Financial Statements (2024 and earlier)
Company Profile
Business Address |
520 N ROGERS RD OLATHE, KS 66062 |
State of Incorp. | MO |
Fiscal Year End | April 30 |
Industry (SIC) | 3677 - Electronic Coils, Transformers, and Other Inductors (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
7/31/2020 Q1 | 4/30/2020 Q4 | 1/31/2020 Q3 | 10/31/2019 Q2 | 7/31/2019 Q1 | 4/30/2019 Q4 | 1/31/2019 Q3 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 2,263 | 415 | 457 | 353 | 58 | 40 | |||
Cash and cash equivalents | 2,263 | 415 | 457 | 353 | 58 | 40 | |||
Receivables | 2,104 | 2,232 | 2,713 | 2,468 | 2,590 | 1,451 | |||
Inventory, net of allowances, customer advances and progress billings | 3,556 | 3,594 | 3,413 | 3,256 | 3,054 | 2,897 | |||
Inventory | 3,556 | 3,594 | 3,413 | 3,256 | 3,054 | 2,897 | |||
Prepaid expense | 285 | 222 | 304 | 385 | 152 | 178 | |||
Contract with customer, asset, after allowance for credit loss | 960 | 949 | 1,145 | 1,173 | 1,104 | 1,003 | |||
Disposal group, including discontinued operation | 734 | ||||||||
Total current assets: | 9,168 | 7,412 | 8,032 | 7,635 | 6,958 | 6,303 | |||
Noncurrent Assets | |||||||||
Operating lease, right-of-use asset | 2,008 | 2,075 | ✕ | ||||||
Property, plant and equipment | 1,983 | 1,919 | 1,918 | 1,847 | 1,823 | 1,147 | |||
Deferred income tax assets | 34 | ✕ | |||||||
Other noncurrent assets | 221 | 153 | 153 | 152 | 186 | 153 | |||
Deferred tax assets, net | ✕ | ✕ | ✕ | 34 | 34 | 34 | 68 | ||
Other undisclosed noncurrent assets | 2,152 | 2,214 | |||||||
Total noncurrent assets: | 4,212 | 4,181 | 4,257 | 4,247 | 2,043 | 1,368 | |||
TOTAL ASSETS: | 13,380 | 11,593 | 12,289 | 11,882 | 9,001 | 7,671 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities, including: | 899 | 2,745 | 2,902 | 2,800 | 824 | 2,127 | |||
Taxes payable | 38 | 20 | |||||||
Employee-related liabilities | 742 | 473 | |||||||
Accounts payable | 2,210 | 1,937 | 1,671 | 1,457 | |||||
Accrued liabilities | 535 | 965 | 1,129 | 670 | |||||
Other undisclosed accounts payable and accrued liabilities | 119 | 331 | |||||||
Debt | 1,217 | 1,107 | 688 | 666 | 1,121 | 1,173 | |||
Other undisclosed current liabilities | 1,949 | 480 | 477 | 1,649 | 25 | ||||
Total current liabilities: | 4,065 | 3,852 | 4,070 | 3,943 | 3,594 | 3,325 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation, including: | 3,887 | 2,740 | 2,809 | 2,862 | 801 | 826 | |||
Long-term debt, excluding current maturities | 2,008 | 795 | 803 | 811 | 801 | 826 | |||
Other undisclosed long-term debt and lease obligation | 2,006 | 2,051 | |||||||
Operating lease, liability | 1,879 | 1,945 | ✕ | ||||||
Total noncurrent liabilities: | 3,887 | 2,740 | 2,809 | 2,862 | 801 | 826 | |||
Total liabilities: | 7,952 | 6,592 | 6,879 | 6,805 | 4,395 | 4,151 | |||
Equity | |||||||||
Equity, attributable to parent | 5,428 | 5,001 | 5,410 | 5,077 | 4,606 | 3,520 | |||
Common stock | 60 | 60 | 60 | 60 | 60 | 60 | |||
Additional paid in capital | 12,653 | 12,626 | 12,599 | 12,572 | 12,545 | 12,518 | |||
Accumulated deficit | (7,285) | (7,685) | (7,249) | (7,555) | (7,999) | (9,058) | |||
Total equity: | 5,428 | 5,001 | 5,410 | 5,077 | 4,606 | 3,520 | |||
TOTAL LIABILITIES AND EQUITY: | 13,380 | 11,593 | 12,289 | 11,882 | 9,001 | 7,671 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
7/31/2020 Q1 | 4/30/2020 Q4 | 1/31/2020 Q3 | 10/31/2019 Q2 | 7/31/2019 Q1 | 4/30/2019 Q4 | 1/31/2019 Q3 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 6,901 | 6,094 | 6,792 | 6,346 | 6,458 | 4,750 | ||
Cost of revenue | (4,598) | (4,460) | (4,113) | (3,953) | (3,717) | (3,680) | ||
Gross profit: | 2,303 | 1,634 | 2,679 | 2,393 | 2,741 | 1,070 | ||
Operating expenses | (1,870) | (2,168) | (2,275) | (1,811) | (1,641) | (1,440) | ||
Operating income (loss): | 433 | (534) | 404 | 582 | 1,100 | (370) | ||
Interest and debt expense | (19) | (27) | (23) | (27) | (28) | (36) | ||
Income (loss) from continuing operations before income taxes: | 414 | (561) | 381 | 555 | 1,072 | (406) | ||
Income tax expense (benefit) | (14) | 125 | (75) | (111) | ||||
Other undisclosed loss from continuing operations | (13) | |||||||
Income (loss) from continuing operations: | 400 | (436) | 306 | 444 | 1,059 | (406) | ||
Income (loss) before gain (loss) on sale of properties: | 400 | (436) | 306 | 444 | 1,059 | (406) | ||
Net income (loss) attributable to parent: | 400 | (436) | 306 | 444 | 1,059 | (406) | ||
Undistributed earnings (loss) allocated to participating securities, basic | (49) | (37) | (54) | |||||
Other undisclosed net loss available to common stockholders, basic | (78) | |||||||
Net income (loss) available to common stockholders, diluted: | 351 | (436) | 269 | 390 | 981 | (406) |
Comprehensive Income ($ in thousands)Annual | Quarterly
7/31/2020 Q1 | 4/30/2020 Q4 | 1/31/2020 Q3 | 10/31/2019 Q2 | 7/31/2019 Q1 | 4/30/2019 Q4 | 1/31/2019 Q3 | ||
---|---|---|---|---|---|---|---|---|
Net income (loss): | 400 | (436) | 306 | 444 | 1,059 | (406) | ||
Comprehensive income (loss), net of tax, attributable to parent: | 400 | (436) | 306 | 444 | 1,059 | (406) |
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.