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MOVING iMAGE TECHNOLOGIES INC. (MITQ)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Mar-31-23Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21
   10-K10-Q10-Q10-K10-Q10-Q10-Q10-K
Revenues  5.83.75.95.65.83.43.52.2
            Revenue growth  2.6%-35.9%68.5%159.0%241.2%112.5%97.7%156.6%
Cost of goods sold  4.42.74.34.14.52.52.81.8
Gross profit  1.41.01.61.51.40.90.70.4
            Gross margin  24.2%27.9%26.6%26.2%23.4%26.2%20.8%18.4%
Selling, general and administrative   [+]1.71.51.41.91.41.51.21.0
Research and development  0.10.10.10.10.10.10.10.0
EBITDA   [+]-0.4 0.1-0.4-0.1 -0.5-0.5
            EBITDA margin  -6.6%-14.1%1.3%-7.5%-1.8%-18.1%-14.5%-25.3%
Depreciation  0.0 0.00.00.0 0.00.0
EBITA  -0.4-0.50.1-0.4-0.1-0.6-0.5-0.6
            EBITA margin  -6.6%-14.1%1.2%-7.6%-1.8%-18.1%-14.8%-26.8%
Amortization of intangibles  0.0 0.00.00.00.00.00.0
EBIT   [+]-0.4-0.50.0-0.5-0.1-0.6-0.5-0.6
            EBIT margin  -7.1%-14.1%0.8%-8.0%-2.2%-18.8%-15.5%-27.9%
Non-recurring items  1.0       
Interest expense, net   [+]0.10.00.00.00.0   
Other income (expense), net   [+]0.20.1-0.1-0.30.70.00.00.7
Pre-tax income  -1.3-0.4-0.1-0.70.6-0.6-0.60.0
Income taxes  0.00.00.00.00.00.00.00.0
            Tax rate   0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Net income  -1.8-0.4-0.1-1.30.0-0.6-0.60.0
            Net margin  -31.2%-11.3%-1.6%-23.9%0.0%-18.8%-16.6%2.1%
   
Basic EPS   [+]($0.16)($0.04)($0.01)($0.13)$0.00($0.06)($0.06)$0.01
Diluted EPS   [+]($0.16)($0.04)($0.01)($0.13)$0.00($0.06)($0.06)$0.01
   
Shares outstanding (basic)   [+]10.911.010.910.610.610.610.35.6
Shares outstanding (diluted)   [+]10.911.010.910.610.610.610.35.6
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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