NYSEAMERICAN : MPTI
M-tron Industries, Inc. — Financial statements
Technology · Electronic Components · United States
Last price 66.19 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 287.69M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
M-tron Industries, Inc. (MPTI) reported revenue of 58.20M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 58.20M | 54.42M | 49.01M | 41.17M | 31.84M | 26.69M |
| Cost of Revenue | 32.43M | 30.27M | 26.37M | 24.40M | 20.50M | 17.36M |
| Gross Profit | 25.77M | 24.15M | 22.64M | 16.77M | 11.35M | 9.34M |
| Selling, General & Admin | 15.01M | 13.86M | 13.25M | 12.47M | 8.47M | 7.22M |
| Operating Expenses | 15.01M | 13.86M | 13.25M | 12.47M | 8.47M | 7.22M |
| Operating Income | 10.76M | 10.29M | 9.39M | 4.30M | 2.88M | 2.11M |
| Interest Expense | -37.00K | -12.00K | -16.00K | -6.00K | -11.00K | -12.00K |
| Interest & Investment Income | 1.40M | 551.00K | 259.00K | 13.00K | ||
| Currency Exchange Gain (Loss) | -174.00K | -69.00K | -5.00K | 71.00K | -82.00K | 11.00K |
| Other Non Operating Income (Expenses) | 145.00K | 145.00K | 95.00K | -25.00K | 32.00K | |
| EBT Excluding Unusual Items | 12.10M | 10.91M | 9.73M | 4.35M | 2.81M | 2.11M |
| Other Unusual Items | 48.00K | 48.00K | 48.00K | 48.00K | -219.00K | |
| Pretax Income | 12.15M | 10.95M | 9.78M | 4.40M | 2.60M | 2.11M |
| Income Tax Expense | 2.63M | 2.51M | 2.14M | 911.00K | 797.00K | 531.00K |
| Net Income | 9.52M | 8.45M | 7.64M | 3.49M | 1.80M | 1.58M |
| Net Income to Common | 9.52M | 8.45M | 7.64M | 3.49M | 1.80M | 1.58M |
| Shares Outstanding (Basic) | 3.34M | 2.87M | 2.75M | 2.70M | 2.68M | 2.68M |
| Shares Outstanding (Diluted) | 3.74M | 3.23M | 2.88M | 2.73M | 2.68M | 2.68M |
| EPS (Basic) | 2.85 | 2.94 | 2.78 | 1.29 | 0.67 | 0.59 |
| EPS (Diluted) | 2.54 | 2.62 | 2.65 | 1.28 | 0.67 | 0.59 |
| Free Cash Flow | 9.48M | 8.11M | 5.62M | 3.12M | 1.11M | 1.86M |
| Free Cash Flow Per Share | 2.53 | 2.51 | 1.95 | 1.14 | 0.41 | 0.69 |
| Gross Margin | 44.28% | 44.38% | 46.19% | 40.73% | 35.63% | 34.97% |
| Operating Margin | 18.49% | 18.91% | 19.17% | 10.44% | 9.03% | 7.92% |
| Profit Margin | 16.35% | 15.52% | 15.58% | 8.48% | 5.65% | 5.93% |
| Free Cash Flow Margin | 16.28% | 14.90% | 11.47% | 7.59% | 3.47% | 6.97% |
| EBITDA | 11.94M | 11.38M | 10.37M | 5.15M | 3.60M | 2.66M |
| EBITDA Margin | 20.52% | 20.91% | 21.15% | 12.51% | 11.30% | 9.95% |
| D&A For EBITDA | 1.18M | 1.09M | 973.00K | 850.00K | 725.00K | 542.00K |
| EBIT | 10.76M | 10.29M | 9.39M | 4.30M | 2.88M | 2.11M |
| EBIT Margin | 18.49% | 18.91% | 19.17% | 10.44% | 9.03% | 7.92% |
| Effective Tax Rate | 21.66% | 22.89% | 21.88% | 20.71% | 30.71% | 25.13% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 96.25M | 20.89M | 12.64M | 3.91M | 926.00K | 2.63M |
| Short-Term Investments | 755.00K | 56.00K | 21.00K | |||
| Cash & Short-Term Investments | 97.00M | 20.95M | 12.66M | 3.91M | 926.00K | 2.63M |
| Accounts Receivable | 8.22M | 6.66M | 6.84M | 4.80M | 5.20M | 4.00M |
| Other Receivables | 22.34M | |||||
| Receivables | 8.22M | 28.99M | 6.84M | 4.80M | 5.20M | 4.00M |
| Inventory | 10.88M | 9.67M | 9.51M | 8.88M | 7.52M | 5.22M |
| Prepaid Expenses | 1.77M | 1.61M | 739.00K | 588.00K | 673.00K | 242.00K |
| Total Current Assets | 117.87M | 61.22M | 29.75M | 18.19M | 14.31M | 12.09M |
| Property, Plant & Equipment | 7.47M | 6.73M | 5.07M | 4.23M | 3.79M | 3.60M |
| Other Intangible Assets | 40.00K | 40.00K | 40.00K | 45.00K | 98.00K | 152.00K |
| Long-Term Deferred Tax Assets | 196.00K | 272.00K | 1.70M | 1.83M | 1.05M | 2.19M |
| Other Long-Term Assets | 104.00K | 123.00K | 3.00K | 10.00K | 16.00K | 1.97M |
| Total Assets | 125.94M | 68.38M | 36.56M | 24.30M | 19.27M | 20.01M |
| Accounts Payable | 2.38M | 1.79M | 1.42M | 1.30M | 2.38M | 1.40M |
| Accrued Expenses | 4.71M | 2.74M | 3.73M | 2.74M | 2.24M | 1.62M |
| Current Portion of Leases | 69.00K | 9.00K | 71.00K | |||
| Current Income Taxes Payable | 294.00K | 58.00K | 277.00K | 234.00K | ||
| Total Current Liabilities | 7.09M | 4.89M | 5.22M | 4.38M | 4.86M | 3.01M |
| Long-Term Leases | 132.00K | 148.00K | 26.00K | 76.00K | 145.00K | |
| Long-Term Deferred Tax Liabilities | 129.00K | 72.00K | ||||
| Total Liabilities | 7.22M | 5.17M | 5.29M | 4.41M | 4.93M | 3.16M |
| Common Stock | 43.00K | 34.00K | 28.00K | 27.00K | 27.00K | 16.85M |
| Additional Paid-In Capital | 94.63M | 43.40M | 19.91M | 16.17M | 14.10M | |
| Retained Earnings | 24.04M | 19.78M | 11.34M | 3.70M | 212.00K | |
| Shareholders' Equity | 118.72M | 63.22M | 31.27M | 19.89M | 14.34M | 16.85M |
| Total Liabilities & Equity | 125.94M | 68.38M | 36.56M | 24.30M | 19.27M | 20.01M |
| Total Debt | 132.00K | 217.00K | 9.00K | 97.00K | 76.00K | 145.00K |
| Net Cash (Debt) | 96.87M | 20.73M | 12.65M | 3.82M | 850.00K | 2.49M |
| Net Cash Per Share | 25.87 | 6.43 | 4.39 | 1.40 | 0.32 | 0.93 |
| Filing Date Shares Outstanding | 4.35M | 3.57M | 2.91M | 2.80M | 2.73M | 2.68M |
| Total Common Shares Outstanding | 4.35M | 3.41M | 2.91M | 2.79M | 2.73M | 2.68M |
| Working Capital | 110.78M | 56.33M | 24.54M | 13.80M | 9.46M | 9.08M |
| Book Value Per Share | 27.32 | 18.56 | 10.74 | 7.14 | 5.26 | 6.30 |
| Tangible Book Value | 118.67M | 63.17M | 31.23M | 19.85M | 14.24M | 16.70M |
| Tangible Book Value Per Share | 27.31 | 18.55 | 10.73 | 7.12 | 5.22 | 6.24 |
| Land | 536.00K | 536.00K | 536.00K | 536.00K | 536.00K | 536.00K |
| Buildings | 5.79M | 5.74M | 5.50M | 5.22M | 4.94M | 4.87M |
| Machinery | 25.04M | 23.95M | 21.66M | 20.05M | 19.04M | 18.18M |
| Order Backlog | 76.42M | 47.24M | 47.83M | 46.18M | 29.44M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 9.52M | 8.45M | 7.64M | 3.49M | 1.80M | 1.58M |
| Depreciation & Amortization | 1.18M | 1.09M | 973.00K | 850.00K | 725.00K | 542.00K |
| Loss (Gain) From Sale of Assets | -42.00K | -42.00K | ||||
| Stock-Based Compensation | 2.27M | 1.08M | 636.00K | 2.42M | 458.00K | 292.00K |
| Other Operating Activities | 1.56M | 1.55M | 217.00K | -784.00K | 1.14M | 507.00K |
| Change in Accounts Receivable | -1.96M | 186.00K | -2.04M | 395.00K | -1.20M | -47.00K |
| Change in Inventory | -1.77M | -164.00K | -625.00K | -1.37M | -2.30M | -116.00K |
| Change in Accounts Payable | 2.46M | -328.00K | 889.00K | -691.00K | 1.85M | 198.00K |
| Change in Other Net Operating Assets | -1.34M | -1.16M | -165.00K | 91.00K | -422.00K | 2.00K |
| Operating Cash Flow | 12.02M | 10.66M | 7.52M | 4.41M | 2.04M | 2.96M |
| Capital Expenditures | -2.54M | -2.55M | -1.90M | -1.28M | -936.00K | -1.10M |
| Investing Cash Flow | -3.48M | -2.55M | -1.90M | -1.28M | -936.00K | -1.10M |
| Short-Term Debt Issued | 4.12M | 1.30M | ||||
| Total Debt Issued | 4.12M | 1.30M | ||||
| Short-Term Debt Repaid | -4.12M | -1.30M | ||||
| Long-Term Debt Repaid | -2.48M | -1.68M | ||||
| Total Debt Repaid | -4.12M | -3.78M | -1.68M | |||
| Net Debt Issued (Repaid) | -2.48M | -1.68M | ||||
| Issuance of Common Stock | 72.27M | 532.00K | 3.10M | |||
| Repurchase of Common Stock | -137.00K | -10.00K | ||||
| Other Financing Activities | -93.00K | -390.00K | -329.00K | 1.00K | ||
| Financing Cash Flow | 72.18M | 142.00K | 3.10M | -137.00K | -2.81M | -1.68M |
| Net Cash Flow | 80.72M | 8.25M | 8.73M | 2.99M | -1.71M | 179.00K |
| Free Cash Flow | 9.48M | 8.11M | 5.62M | 3.12M | 1.11M | 1.86M |
| Free Cash Flow Margin | 16.28% | 14.90% | 11.47% | 7.59% | 3.47% | 6.97% |
| Free Cash Flow Per Share | 2.53 | 2.51 | 1.95 | 1.14 | 0.41 | 0.69 |
| Levered Free Cash Flow | 5.39M | -17.52M | 3.65M | 3.25M | -49.00K | 1.08M |
| Unlevered Free Cash Flow | 5.41M | -17.52M | 3.66M | 3.25M | -42.12K | 1.08M |
| Cash Interest Paid | 17.00K | 9.00K | 8.00K | 6.00K | ||
| Cash Income Tax Paid | 1.35M | 1.02M | 2.39M | 1.63M | ||
| Change in Working Capital | -2.61M | -1.46M | -1.94M | -1.57M | -2.08M | 37.00K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 274.48M | 155.92M | 138.79M | 99.53M | 23.86M | |
| Enterprise Value | 177.61M | 137.75M | 130.31M | 97.01M | 23.14M | |
| Last Close Price | 63.15 | 53.22 | 48.43 | 35.70 | 8.75 | |
| PE Ratio | 24.88 | 18.46 | 18.18 | 28.53 | 13.27 | |
| Forward PE | 26.42 | 21.68 | 21.52 | 20.52 | 12.87 | |
| PS Ratio | 4.72 | 2.87 | 2.83 | 2.42 | 0.75 | |
| PB Ratio | 2.31 | 2.47 | 4.44 | 5.00 | 1.66 | |
| P/TBV Ratio | 2.31 | 2.47 | 4.44 | 5.01 | 1.68 | |
| P/FCF Ratio | 28.96 | 19.23 | 24.68 | 31.86 | 21.57 | |
| P/OCF Ratio | 22.84 | 14.63 | 18.45 | 22.59 | 11.68 | |
| PEG Ratio | 1.82 | 0.77 | 0.77 | 0.68 | ||
| EV/Sales Ratio | 3.05 | 2.53 | 2.66 | 2.36 | 0.73 | |
| EV/EBITDA Ratio | 14.87 | 12.11 | 12.57 | 18.84 | 6.43 | |
| EV/EBIT Ratio | 16.50 | 13.39 | 13.87 | 22.57 | 8.05 | |
| EV/FCF Ratio | 18.74 | 16.99 | 23.18 | 31.05 | 20.93 | |
| Debt / Equity Ratio | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 |
| Debt / EBITDA Ratio | 0.01 | 0.02 | 0.00 | 0.02 | 0.02 | 0.05 |
| Debt / FCF Ratio | 0.01 | 0.03 | 0.00 | 0.03 | 0.07 | 0.08 |
| Net Debt / Equity Ratio | -0.82 | -0.33 | -0.41 | -0.19 | -0.06 | -0.15 |
| Net Debt / EBITDA Ratio | -8.11 | -1.82 | -1.22 | -0.74 | -0.24 | -0.94 |
| Net Debt / FCF Ratio | -10.22 | -2.56 | -2.25 | -1.22 | -0.77 | -1.34 |
| Asset Turnover | 0.70 | 1.04 | 1.61 | 1.89 | 1.62 | 1.41 |
| Inventory Turnover | 3.24 | 3.16 | 2.87 | 2.98 | 3.22 | 3.36 |
| Quick Ratio | 14.85 | 10.21 | 3.74 | 1.99 | 1.26 | 2.20 |
| Current Ratio | 16.63 | 12.52 | 5.70 | 4.15 | 2.95 | 4.01 |
| Return on Equity (ROE) | 12.39% | 17.88% | 29.85% | 20.38% | 11.53% | 9.94% |
| Return on Assets (ROA) | 8.12% | 12.26% | 19.29% | 12.33% | 9.15% | 6.97% |
| Return on Invested Capital (ROIC) | 39.20% | 25.97% | 42.30% | 23.06% | 14.31% | 11.72% |
| Return on Capital Employed (ROCE) | 9.10% | 16.20% | 30.00% | 21.60% | 19.90% | 12.40% |
| Earnings Yield | 4.02% | 5.42% | 5.50% | 3.51% | 7.54% | |
| FCF Yield | 3.45% | 5.20% | 4.05% | 3.14% | 4.63% | |
| Buyback Yield / Dilution | -26.58% | -11.87% | -5.50% | -2.13% | -0.00% |