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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›TAIT›Financials
Annual statements · SEC XBRL · FY2015 – FY2024

TAITRON COMPONENTS INC (TAIT) financials

Income statement

TAITRON COMPONENTS INC (TAIT) income statement, annual, from SEC filings
Fiscal yearFY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Revenue$5.67M$6.92M$7.62M$8.22M$6.78M$6.70M$8.64M$8.42M$6.11M$4.14M
Revenue growth—21.9%10.2%7.9%-17.5%-1.3%29.1%-2.5%-27.5%-32.2%
Gross profit$1.76M-$748K$3.00M$3.62M$3.08M$3.28M$4.12M$4.39M$3.45M$2.12M
Gross margin31.1%-10.8%39.4%44.0%45.3%49.0%47.7%52.2%56.5%51.1%
Operating income-$339K-$2.87M$791K$1.42M$698K$1.05M$2.09M$2.23M$1.20M-$104K
Operating margin-6.0%-41.5%10.4%17.3%10.3%15.7%24.2%26.5%19.6%-2.5%
Net income-$587K-$3.11M$701K$1.38M$773K$1.36M$2.01M$3.21M$1.84M$902K
Net margin-10.3%-45.0%9.2%16.8%11.4%20.3%23.3%38.1%30.2%21.8%
EPS (diluted)-$0.11-$0.56$0.12$0.24——————

Cash flow

TAITRON COMPONENTS INC (TAIT) cash flow, annual, from SEC filings
Fiscal yearFY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Operating cash flow$274K$1.25M$388K$2.29M$1.41M$2.05M$1.74M$1.69M$3.15M-$258K
Capital expenditures$37.0K$4.00K$37.0K$5.00K$17.0K$17.0K$18.0K$2.00K$215K$232K
Free cash flow$237K$1.24M$351K$2.29M$1.40M$2.04M$1.72M$1.69M$2.94M-$490K
Share buybacks$16.0K$0.00————————
Dividends paid$0.00$414K$554K$589K$717K$840K$965K$1.70M$1.20M$1.20M

Balance sheet

TAITRON COMPONENTS INC (TAIT) balance sheet, annual, from SEC filings
Fiscal yearFY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Cash & equivalents$3.69M$4.02M$3.25M$4.49M$5.31M$6.65M$5.97M$5.22M$6.21M$4.21M
Total assets$18.0M$13.9M$13.6M$14.0M$13.6M$14.3M$17.1M$17.1M$18.0M$17.6M
Total liabilities$2.84M$2.19M$1.71M$1.28M$784K$1.02M$2.74M———
Long-term debt————$0.00$163K$0.00———
Shareholders' equity$15.1M$11.6M$11.8M$12.6M$12.7M$13.2M$14.4M$16.1M$16.8M$16.6M
Retained earnings$4.25M$720K$867K$1.66M$1.71M$2.23M$3.28M$4.78M$5.42M$5.12M
Shares (wtd avg diluted)5.54M5.54M5.64M5.71M5.84M5.85M5.92M6.04M6.03M6.02M

Every figure is extracted from TAITRON COMPONENTS INC’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is TAITRON COMPONENTS INC's annual revenue?
TAITRON COMPONENTS INC (TAIT) reported $4.14M of revenue for fiscal year 2024 — down 32.2% from $6.11M in FY2023, per its annual report filed with the SEC.
Is TAITRON COMPONENTS INC profitable?
Yes — TAIT earned $902K of net income in FY2024, a 21.8% net margin, per SEC filings.
What is TAITRON COMPONENTS INC's free cash flow?
-$490K in FY2024 (operating cash flow -$258K minus $232K of capital expenditures), from the SEC cash-flow statement.
Does TAIT pay a dividend?
Yes — TAITRON COMPONENTS INC paid $1.20M in cash dividends during FY2024, per its SEC cash-flow statement.
Full TAIT analysis — verdict, score & filings →Is TAIT a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.