M-tron Industries, Inc. Reports Preliminary Third Quarter 2025 Results
The Company will report full financial results for the third quarter ended
Preliminary Financial Results
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Three Months Ended |
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Nine Months Ended |
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(in thousands) |
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2025 * |
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2024 |
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2025 * |
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2024 |
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Revenues |
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$ |
14,100 |
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$ |
13,214 |
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$ |
40,100 |
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$ |
36,207 |
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Gross margin |
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44.0 |
% |
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47.8 |
% |
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43.4 |
% |
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45.8 |
% |
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Net income |
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$ |
1,800 |
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$ |
2,267 |
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$ |
5,000 |
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$ |
5,497 |
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Adjusted EBITDA (a) |
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$ |
3,180 |
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|
$ |
3,300 |
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$ |
8,100 |
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|
$ |
8,085 |
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(a) |
A reconciliation of Income before income taxes to Adjusted EBITDA, a non-GAAP measure, is provided at the end of this press release. |
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* |
Figures are estimates |
Investor Call
Mtron will host a conference call on
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(800) 715-9871 |
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+1 (646) 307-1963 |
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Conference ID: |
5302531 |
An archive will be available after the call on the Events and Presentations page on the Investor Relations section of Mtron's website at https://ir.mtron.com/events-and-presentations.
About Mtron
Preliminary Financial Data
The preliminary estimated financial results for the three and nine months ended
Cautionary Note Concerning Forward Looking Statements
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, such as those pertaining to the uncertain financial impact of COVID-19 and the Company's financial condition, results of operations, business strategy and financial needs. All statements other than statements of current or historical fact contained in this press release are forward-looking statements. The words "believe," "expect," "anticipate," "should," "plan," "will," "may," "could," "intend," "estimate," "predict," "potential," "continue" or the negative of these terms and similar expressions, as they relate to Mtron, are intended to identify forward-looking statements.
These forward-looking statements are largely based on current expectations and projections about future events and financial trends that may affect the financial condition, results of operations, business strategy and financial needs of the Company. They can be affected by inaccurate assumptions, including the risks, uncertainties and assumptions described in the filings made by Mtron with
These forward-looking statements speak only as of the date of this press release. Mtron undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements. For these statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.
Reconciliation of Income before income taxes to Adjusted EBITDA
The following table is a reconciliation of Income before income taxes to Adjusted EBITDA for the periods indicated:
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Three Months Ended |
|
Nine Months Ended |
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|
(in thousands) |
|
2025 * |
|
2024 |
|
2025 * |
|
2024 |
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|
Income before income taxes |
|
$ |
2,760 |
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|
$ |
3,008 |
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|
$ |
6,900 |
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$ |
7,017 |
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Adjustments: |
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Interest income |
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(140) |
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(63) |
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(380) |
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(139) |
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Depreciation |
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280 |
|
|
|
278 |
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|
|
800 |
|
|
|
717 |
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Amortization |
|
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— |
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|
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— |
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|
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— |
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5 |
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Total adjustments |
|
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140 |
|
|
|
215 |
|
|
|
420 |
|
|
|
583 |
|
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EBITDA |
|
|
2,900 |
|
|
|
3,223 |
|
|
|
7,300 |
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|
|
7,600 |
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|
Non-cash stock compensation |
|
|
280 |
|
|
|
77 |
|
|
|
800 |
|
|
|
485 |
|
|
Adjusted EBITDA |
|
$ |
3,180 |
|
|
$ |
3,300 |
|
|
$ |
8,100 |
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$ |
8,085 |
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* |
Figures are estimates |
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SOURCE Mtron