Trio-Tech International (TRT) Financial Statements (2024 and earlier)

Company Profile

Business Address 16139 WYANDOTTE ST.
VAN NUYS, CA 91406
State of Incorp. CA
Fiscal Year End June 30
Industry (SIC) 3559 - Special Industry Machinery, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
MRQ
6/30/2023
12/31/2022
MRQ
6/30/2022
6/30/2021
6/30/2020
6/30/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments14,21011,37413,11812,48710,8479,007
Cash and cash equivalents7,5836,3797,6985,8364,1504,863
Short-term investments6,6274,9955,4206,6516,6974,144
Restricted cash and investments739747    
Receivables10,74314,06012,5908,9556,9497,930
Inventory, net of allowances, customer advances and progress billings2,1513,2192,2582,0801,9222,427
Inventory2,1513,2192,2582,0801,9222,427
Asset, held-for-sale, not part of disposal group 274    89
Other current assets     141 
Other undisclosed current assets7106311,236437341287
Total current assets:28,82730,03129,20223,95920,20019,740
Noncurrent Assets
Operating lease, right-of-use asset2,6092,5803,1521,876944
Property, plant and equipment (33,110) (30,116)9,53110,31012,159
Long-term investments and receivables689814746   
Accounts and financing receivable, after allowance for credit loss689814746   
Deposits noncurrent assets1,7161,7421,6781,7411,6601,706
Restricted cash and investments1,7161,742    
Deferred income tax assets10093169217 
Other noncurrent assets1161411372621,6091,750
Other undisclosed noncurrent assets39,5239,05338,4537209371,172
Total noncurrent assets:13,35916,16514,21914,34715,46016,787
TOTAL ASSETS:42,18646,19643,42138,30635,66036,527
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities7,2289,87411,3507,3795,9397,175
Taxes payable787314344417
Employee-related liabilities2,158   
Accounts payable1,6603,0672,4013,7022,5903,272
Accrued liabilities5,5686,8076,0043,3633,0053,486
Debt5826121,519708827958
Other undisclosed current liabilities1,5161,601(940)672477 
Total current liabilities:9,32612,08711,9298,7597,2438,133
Noncurrent Liabilities
Long-term debt and lease obligation9191,2543,3253,0782,8052,734
Long-term debt, excluding current maturities8771,1851,2721,6211,9032,292
Capital lease obligations442
Finance lease, liability4269119253435
Liabilities, other than long-term debt2,3702,8821653136360
Accounts payable and accrued liabilities255255137   
Deferred tax liabilities, net327
Deferred income tax liabilities1015   
Other liabilities5941,17228313633
Operating lease, liability1,5111,4401,9341,204467
Other undisclosed noncurrent liabilities    385430439
Total noncurrent liabilities:3,2894,1363,4903,4943,2713,533
Total liabilities:12,61516,22315,41912,25310,51411,666
Equity
Equity, attributable to parent, including:29,40629,63327,87425,63423,96624,861
Common stock12,81912,76912,75012,17811,42411,424
Additional paid in capital5,0664,7624,7084,2333,3633,305
Accumulated other comprehensive income7581,4941,1972,3991,1431,867
Retained earnings10,76310,6089,2196,8248,0367,070
Other undisclosed equity, attributable to parent      1,195
Equity, attributable to noncontrolling interest1653401284191,180 
Other undisclosed equity      (1,195)
Total equity:29,57129,97328,00226,05325,14623,666
Other undisclosed liabilities and equity      1,195
TOTAL LIABILITIES AND EQUITY:42,18646,19643,42138,30635,66036,527

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

9/30/2023
TTM
6/30/2023
12/31/2022
TTM
6/30/2022
6/30/2021
6/30/2020
6/30/2019
Revenues43,25047,30144,06532,46234,46539,198
Other operating income    32,46234,46539,198
Cost of revenue
(Cost of Goods and Services Sold)
(31,545)(34,680)(32,332)(24,792)(27,199)(30,197)
Gross profit:11,70512,62111,7337,6707,2669,001
Operating expenses(9,477)(9,758)(9,380)(7,740)(8,125)(8,207)
Operating income (loss):2,2282,8632,353(70)(859)794
Nonoperating income (expense)15497701(829)2,054615
Other nonoperating income (expense)106(11)5953631,112249
Interest and debt expense(105)(120)(122)121(230)(319)
Income (loss) from continuing operations before equity method investments, income taxes:2,2772,8402,932(778)9651,090
Other undisclosed income (loss) from continuing operations before income taxes105120122(121)230319
Income (loss) from continuing operations before income taxes:2,3822,9603,054(899)1,1951,409
Income tax expense (benefit)(622)(890)(757)(228)1242
Income (loss) from continuing operations:1,7602,0702,297(1,127)1,2071,451
Income (loss) before gain (loss) on sale of properties:1,4932,299(1,155)1,2041,448
Income (loss) from discontinued operations(2)(12)2(28)(3)(3)
Net income (loss):1,7582,0582,299(1,155)1,2041,448
Net income (loss) attributable to noncontrolling interest(214)(46)96564(238)97
Net income (loss) available to common stockholders, diluted:1,5442,0122,395(591)9661,545

Comprehensive Income ($ in thousands)

9/30/2023
TTM
6/30/2023
12/31/2022
TTM
6/30/2022
6/30/2021
6/30/2020
6/30/2019
Net income (loss):1,7582,0582,299(1,155)1,2041,448
Other comprehensive income (loss)(616)371 1,020(730)(378)
Other undisclosed comprehensive income (loss)  (1,253)(1,275)228(12)(42)
Comprehensive income:1,1421,1761,024934621,028
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(37)(37)169572(220)202
Other undisclosed comprehensive income, net of tax, attributable to parent    2,000  
Comprehensive income, net of tax, attributable to parent:1,1051,1391,1932,6652421,230

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: