$2.7 K

GIGA Mkt cap, 08-Oct-2018

$1.9 M

Giga-tronics Revenue Q3, 2019
Giga-tronics Gross profit (Q3, 2019)824 K
Giga-tronics Gross profit margin (Q3, 2019), %43.5%
Giga-tronics Net income (Q3, 2019)-517 K
Giga-tronics EBIT (Q3, 2019)-331 K
Giga-tronics Cash, 29-Dec-2018448 K
Giga-tronics EV507.7 K

Giga-tronics Revenue

Giga-tronics revenue was $9.80 m in FY, 2018 which is a 39.8% year over year decrease from the previous period.

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Giga-tronics Revenue Breakdown

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Giga-tronics revenue breakdown by business segment: 27.9% from Giga-tronics Division and 72.1% from Microsource

Giga-tronics revenue breakdown by geographic segment: 92.4% from Domestic and 7.6% from International

Giga-tronics Income Statement

Annual

USDFY, 2016FY, 2017FY, 2018

Revenue

14.6m16.3m9.8m

Revenue growth, %

895%11%(40%)

Cost of goods sold

10.0b11.7m7.1m

Gross profit

(10.0b)4.6m2.7m

Gross profit Margin, %

(68241%)28%28%

R&D expense

2.8m2.3m1.8m

General and administrative expense

5.5m4.6m4.1m

Operating expense total

8.3m6.9m5.9m

EBIT

(3.7m)(2.3m)(3.1m)

EBIT margin, %

(25%)(14%)(32%)

Interest expense

383.0k133.0k461.0k

Pre tax profit

(4.1m)(1.5m)(3.1m)

Income tax expense

2.0k2.0k2.0k

Net Income

(4.1m)(1.5m)(3.1m)

Giga-tronics Balance Sheet

Annual

USDFY, 2016FY, 2017FY, 2018

Cash

1.3m1.4m1.5m

Accounts Receivable

2.1m954.0k364.0k

Prepaid Expenses

318.0k452.0k87.0k

Inventories

5.7m4.8m5.5m

Current Assets

9.5m7.6m7.4m

PP&E

837.0k528.0k833.0k

Total Assets

11.2m9.1m8.4m

Accounts Payable

1.9m1.1m996.0k

Short-term debt

1.2m632.0k2.1m

Current Liabilities

7.7m7.0m7.8m

Long-term debt

165.0k114.0k62.0k

Total Debt

1.4m746.0k2.1m

Total Liabilities

8.2m7.4m8.3m

Common Stock

24.1m24.4m25.2m

Retained Earnings

(24.0m)(25.6m)(28.7m)

Total Equity

3.0m1.7m131.0k

Debt to Equity Ratio

0.5 x0.4 x16.1 x

Debt to Assets Ratio

0.1 x0.1 x0.3 x

Financial Leverage

3.8 x5.3 x64.4 x

Quarterly

USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

1.8m2.3m1.6m1.1m542.0k760.0k748.0k512.0k448.0k

Accounts Receivable

1.8m1.8m2.5m748.0k932.0k830.0k458.0k747.0k

Prepaid Expenses

258.0k347.0k150.0k377.0k194.0k69.0k792.0k1.1m

Inventories

6.2m5.5m6.1m5.0m5.2m5.4m3.4m3.2m3.2m

Current Assets

10.1m9.9m10.4m7.3m6.9m7.1m5.4m5.5m5.8m

PP&E

776.0k685.0k602.0k1.1m1.0m921.0k760.0k691.0k627.0k

Total Assets

12.1m11.8m12.2m9.1m8.5m8.2m6.4m6.4m6.6m

Accounts Payable

1.8m1.1m1.3m666.0k1.1m1.5m756.0k841.0k928.0k

Short-term debt

1.1m984.0k763.0k1.9m1.7m2.0m2.1m2.2m498.0k

Current Liabilities

8.7m8.7m9.7m7.6m8.1m8.1m4.6m4.4m4.9m

Long-term debt

153.0k141.0k128.0k551.0k545.0k518.0k50.0k41.0k455.0k

Total Debt

1.3m1.1m891.0k2.5m2.2m2.5m2.2m2.2m953.0k

Total Liabilities

9.2m9.2m10.1m8.4m8.8m8.8m5.1m4.9m5.4m

Common Stock

24.2m24.3m24.3m24.6m24.7m24.7m25.3m25.4m

Preferred Stock

2.9m2.9m

Retained Earnings

(24.1m)(24.5m)(25.1m)(26.8m)(27.9m)(28.2m)(27.8m)(28.1m)(28.6m)

Total Equity

3.0m2.6m2.1m668.0k(335.0k)(586.0k)1.3m1.5m1.2m

Debt to Equity Ratio

0.4 x0.4 x0.4 x3.7 x-6.6 x-4.3 x1.7 x1.5 x

Debt to Assets Ratio

0.1 x0.1 x0.1 x0.3 x0.3 x0.3 x0.3 x0.4 x

Financial Leverage

4.1 x4.5 x5.7 x13.6 x-25.3 x-14 x4.9 x4.2 x5.3 x

Giga-tronics Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018

Net Income

(4.1m)(1.5m)(3.1m)

Depreciation and Amortization

321.0k827.0k1.1m

Accounts Receivable

225.0k1.2m590.0k

Inventories

(2.3m)883.0k(676.0k)

Accounts Payable

915.0k(817.0k)(111.0k)

Cash From Operating Activities

(3.0m)(56.0k)(1.6m)

Purchases of PP&E

(192.0k)(41.0k)(688.0k)

Cash From Investing Activities

183.0k809.0k(688.0k)

Long-term Borrowings

(900.0k)(663.0k)(80.0k)

Cash From Financing Activities

3.0m(663.0k)2.4m

Net Change in Cash

90.0k64.0k

Interest Paid

165.0k77.0k282.0k

Income Taxes Paid

2.0k2.0k2.0k

Quarterly

USDQ1, 2016Q2, 2016Q3, 2016Q1, 2018Q2, 2018Q3, 2017Q1, 2019Q2, 2019Q3, 2019

Net Income

(102.0k)(498.0k)(1.1m)(1.3m)(2.3m)(2.7m)(287.0k)(569.0k)(1.1m)

Depreciation and Amortization

91.0k182.0k306.0k247.0k201.0k1.0m73.0k142.0k206.0k

Accounts Receivable

304.0k379.0k405.0k206.0k22.0k124.0k(94.0k)(383.0k)(330.0k)

Inventories

(553.0k)235.0k394.0k(178.0k)(389.0k)(610.0k)468.0k695.0k724.0k

Accounts Payable

(173.0k)(850.0k)637.0k(441.0k)(35.0k)356.0k(240.0k)(155.0k)(68.0k)

Cash From Operating Activities

(589.0k)458.0k14.0k(1.1m)(1.6m)(1.4m)(945.0k)(1.6m)(1.7m)

Purchases of PP&E

(30.0k)(30.0k)(37.0k)(620.0k)(681.0k)(685.0k)

Cash From Investing Activities

1.2m820.0k813.0k(620.0k)(681.0k)(685.0k)

Long-term Borrowings

(141.0k)(281.0k)(518.0k)(13.0k)(54.0k)(67.0k)(12.0k)(27.0k)

Cash From Financing Activities

(141.0k)(281.0k)(518.0k)1.4m1.4m1.4m208.0k661.0k711.0k

Net Change in Cash

465.0k997.0k309.0k(284.0k)(879.0k)(661.0k)(737.0k)(973.0k)

Interest Paid

23.0k46.0k63.0k39.0k88.0k163.0k61.0k114.0k164.0k

Income Taxes Paid

2.0k2.0k2.0k2.0k2.0k12.0k

Giga-tronics Ratios

USDY, 2018

EV/EBIT

-1.5 x

EV/CFO

-0.3 x

Financial Leverage

5.3 x

Giga-tronics Operating Metrics

Giga-tronics's Backlog was reported to be $11.2m in FY, 2018.
FY, 2016FY, 2017FY, 2018

Backlog

$14.56 m$11.36 m$11.17 m

Order Volume

$23.43 m$15.09 m$9.60 m

Order Volume (Giga-tronics Division)

$9.69 m$7.53 m$2.05 m

Order Volume (Microsource)

$13.74 m$7.57 m$7.55 m

Giga-tronics Employee Rating

2.52 votes
Culture & Values
3.0
Work/Life Balance
4.5
Senior Management
2.5
Salary & Benefits
2.1
Career Opportunities
2.6
Source