NYSEAMERICAN : TRT
Trio-Tech International — Financial statements
Technology · Semiconductor Equipment & Materials · United States
Last price 4.87 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 50.57M
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Financial statements
Trio-Tech International (TRT) reported revenue of 62.60M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 62.57M | 62.57M | 36.44M | 42.29M | 43.25M | 44.06M |
| Other Revenue | 33.00K | 33.00K | 35.00K | 25.00K | ||
| Revenue | 62.60M | 62.60M | 36.47M | 42.31M | 43.25M | 44.06M |
| Cost of Revenue | 52.19M | 52.19M | 27.33M | 31.55M | 31.55M | 32.33M |
| Gross Profit | 10.42M | 10.42M | 9.14M | 10.76M | 11.71M | 11.73M |
| Selling, General & Admin | 10.22M | 10.22M | 8.61M | 9.23M | 9.07M | 9.00M |
| Research & Development | 397.00K | 397.00K | 384.00K | 392.00K | 397.00K | 375.00K |
| Operating Expenses | 10.62M | 10.62M | 8.99M | 9.62M | 9.47M | 9.38M |
| Operating Income | -204.00K | -204.00K | 152.00K | 1.14M | 2.23M | 2.35M |
| Interest Expense | -65.00K | -65.00K | -45.00K | -77.00K | -105.00K | -122.00K |
| Interest & Investment Income | 600.00K | 600.00K | 314.00K | 370.00K | 174.00K | 79.00K |
| Currency Exchange Gain (Loss) | -110.00K | -110.00K | -671.00K | -74.00K | -269.00K | 129.00K |
| Other Non Operating Income (Expenses) | 167.00K | 167.00K | 321.00K | 260.00K | 354.00K | 469.00K |
| EBT Excluding Unusual Items | 388.00K | 388.00K | 71.00K | 1.62M | 2.39M | 2.91M |
| Gain (Loss) on Sale of Investments | 1.00K | 1.00K | ||||
| Gain (Loss) on Sale of Assets | 102.00K | -46.00K | -7.00K | -1.00K | ||
| Other Unusual Items | 57.00K | 146.00K | ||||
| Pretax Income | 389.00K | 389.00K | 173.00K | 1.63M | 2.38M | 3.05M |
| Income Tax Expense | 228.00K | 228.00K | 168.00K | 486.00K | 622.00K | 757.00K |
| Earnings From Continuing Operations | 161.00K | 161.00K | 5.00K | 1.14M | 1.76M | 2.30M |
| Earnings From Discontinued Operations | 58.00K | 58.00K | -5.00K | -1.00K | -2.00K | 2.00K |
| Net Income to Company | 219.00K | 219.00K | 1.14M | 1.76M | 2.30M | |
| Minority Interest in Earnings | -253.00K | -253.00K | -41.00K | -92.00K | -214.00K | 96.00K |
| Net Income | -34.00K | -34.00K | -41.00K | 1.05M | 1.54M | 2.40M |
| Net Income to Common | -34.00K | -34.00K | -41.00K | 1.05M | 1.54M | 2.40M |
| Shares Outstanding (Basic) | 9.01M | 9.01M | 8.54M | 8.32M | 8.16M | 7.94M |
| Shares Outstanding (Diluted) | 9.01M | 9.01M | 8.54M | 8.60M | 8.33M | 8.35M |
| EPS (Basic) | -0.00 | -0.00 | -0.00 | 0.13 | 0.19 | 0.30 |
| EPS (Diluted) | -0.00 | -0.00 | -0.00 | 0.12 | 0.18 | 0.29 |
| Free Cash Flow | 1.69M | 1.69M | -596.00K | 2.17M | 3.61M | 655.00K |
| Free Cash Flow Per Share | 0.19 | 0.19 | -0.07 | 0.25 | 0.43 | 0.08 |
| Gross Margin | 16.64% | 16.64% | 25.07% | 25.44% | 27.06% | 26.63% |
| Operating Margin | -0.33% | -0.33% | 0.42% | 2.69% | 5.17% | 5.34% |
| Profit Margin | -0.05% | -0.05% | -0.11% | 2.48% | 3.57% | 5.44% |
| Free Cash Flow Margin | 2.69% | 2.69% | -1.63% | 5.14% | 8.35% | 1.49% |
| EBITDA | 2.02M | 2.02M | 2.83M | 5.31M | 7.25M | 5.35M |
| EBITDA Margin | 3.23% | 3.23% | 7.75% | 12.54% | 16.77% | 12.15% |
| D&A For EBITDA | 2.22M | 2.22M | 2.67M | 4.17M | 5.02M | 3.00M |
| EBIT | -204.00K | -204.00K | 152.00K | 1.14M | 2.23M | 2.35M |
| EBIT Margin | -0.33% | -0.33% | 0.42% | 2.69% | 5.17% | 5.34% |
| Effective Tax Rate | 58.61% | 58.61% | 97.11% | 29.83% | 26.11% | 24.79% |
| Revenue as Reported | 62.60M | 62.60M | 36.47M | 42.31M | 43.25M | 44.06M |
Balance sheet
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 21.43M | 21.43M | 10.89M | 10.04M | 7.58M | 7.70M |
| Short-Term Investments | 4.66M | 4.66M | 5.82M | 6.50M | 6.63M | 5.42M |
| Cash & Short-Term Investments | 26.09M | 26.09M | 16.71M | 16.53M | 14.21M | 13.12M |
| Accounts Receivable | 13.55M | 13.55M | 10.80M | 10.66M | 9.82M | 11.61M |
| Other Receivables | 1.06M | 1.06M | 608.00K | 541.00K | 939.00K | 998.00K |
| Receivables | 14.60M | 14.60M | 11.41M | 11.20M | 10.76M | 12.61M |
| Inventory | 3.41M | 3.41M | 2.26M | 3.16M | 2.15M | 2.26M |
| Prepaid Expenses | 395.00K | 395.00K | 384.00K | 536.00K | 694.00K | 1.22M |
| Restricted Cash | 819.00K | 819.00K | 816.00K | 750.00K | ||
| Other Current Assets | 1.01M | |||||
| Total Current Assets | 45.31M | 45.31M | 31.58M | 32.18M | 28.83M | 29.20M |
| Property, Plant & Equipment | 12.08M | 12.08M | 6.88M | 7.82M | 10.95M | 11.63M |
| Long-Term Accounts Receivable | 17.00K | |||||
| Long-Term Deferred Tax Assets | 281.00K | 281.00K | 91.00K | 124.00K | 100.00K | 169.00K |
| Other Long-Term Assets | 3.02M | 3.02M | 2.51M | 2.41M | 2.31M | 2.40M |
| Total Assets | 60.69M | 60.69M | 41.07M | 42.54M | 42.19M | 43.42M |
| Accounts Payable | 7.58M | 7.58M | 1.90M | 3.17M | 1.66M | 2.40M |
| Accrued Expenses | 2.54M | 2.54M | 2.19M | 3.20M | 3.96M | 4.88M |
| Short-Term Debt | 141.00K | 929.00K | ||||
| Current Portion of Long-Term Debt | 246.00K | 246.00K | 256.00K | 261.00K | 475.00K | 472.00K |
| Current Portion of Leases | 2.11M | 2.11M | 583.00K | 1.22M | 1.21M | 1.34M |
| Current Income Taxes Payable | 213.00K | 213.00K | 122.00K | 379.00K | 418.00K | 787.00K |
| Current Unearned Revenue | 200.00K | 200.00K | 250.00K | 754.00K | 1.27M | 988.00K |
| Other Current Liabilities | 272.00K | 272.00K | 849.00K | 433.00K | 335.00K | 132.00K |
| Total Current Liabilities | 13.16M | 13.16M | 6.28M | 9.42M | 9.33M | 11.93M |
| Long-Term Debt | 199.00K | 199.00K | 428.00K | 613.00K | 877.00K | 1.27M |
| Long-Term Leases | 3.36M | 3.36M | 324.00K | 759.00K | 1.55M | 2.05M |
| Long-Term Deferred Tax Liabilities | 22.00K | 22.00K | 10.00K | 10.00K | ||
| Other Long-Term Liabilities | 938.00K | 938.00K | 31.00K | 168.00K | 849.00K | 165.00K |
| Total Liabilities | 17.67M | 17.67M | 7.08M | 10.96M | 12.62M | 15.42M |
| Common Stock | 24.88M | 24.88M | 13.49M | 13.32M | 12.82M | 12.75M |
| Additional Paid-In Capital | 6.55M | 6.55M | 5.98M | 5.53M | 5.07M | 4.71M |
| Retained Earnings | 10.83M | 10.83M | 12.04M | 11.81M | 10.76M | 9.22M |
| Treasury Stock | -12.00K | -12.00K | ||||
| Comprehensive Income & Other | 2.63M | 2.63M | 2.52M | 660.00K | 758.00K | 1.20M |
| Total Common Equity | 44.88M | 44.88M | 34.03M | 31.33M | 29.41M | 27.87M |
| Minority Interest | -1.86M | -1.86M | -37.00K | 249.00K | 165.00K | 128.00K |
| Shareholders' Equity | 43.02M | 43.02M | 33.99M | 31.58M | 29.57M | 28.00M |
| Total Liabilities & Equity | 60.69M | 60.69M | 41.07M | 42.54M | 42.19M | 43.42M |
| Total Debt | 5.91M | 5.91M | 1.73M | 2.85M | 4.11M | 6.06M |
| Net Cash (Debt) | 20.18M | 20.18M | 14.97M | 13.68M | 10.10M | 7.06M |
| Net Cash Per Share | 2.24 | 2.24 | 1.75 | 1.59 | 1.21 | 0.85 |
| Filing Date Shares Outstanding | 10.38M | 10.38M | 8.63M | 8.50M | 8.19M | 8.15M |
| Total Common Shares Outstanding | 10.37M | 10.37M | 8.63M | 8.50M | 8.19M | 8.14M |
| Working Capital | 32.16M | 32.16M | 25.30M | 22.76M | 19.50M | 17.27M |
| Book Value Per Share | 4.33 | 4.33 | 3.94 | 3.69 | 3.59 | 3.42 |
| Tangible Book Value | 44.88M | 44.88M | 34.03M | 31.33M | 29.41M | 27.87M |
| Tangible Book Value Per Share | 4.33 | 4.33 | 3.94 | 3.69 | 3.59 | 3.42 |
| Buildings | 5.33M | 5.33M | 5.26M | 5.18M | 5.24M | 5.19M |
| Machinery | 25.94M | 25.94M | 24.46M | 26.34M | 29.31M | 28.41M |
| Leasehold Improvements | 7.86M | 7.86M | 7.45M | 9.63M | 9.62M | 6.54M |
| Order Backlog | 24.17M | 24.17M | 11.03M | 14.35M | 17.44M | 17.46M |
Cash flow statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -34.00K | -34.00K | 1.05M | 1.54M | 2.40M | |
| Depreciation & Amortization | 2.29M | 2.29M | 2.74M | 4.23M | 5.09M | 3.08M |
| Loss (Gain) From Sale of Assets | -102.00K | 46.00K | 7.00K | 76.00K | ||
| Stock-Based Compensation | 569.00K | 569.00K | 448.00K | 465.00K | 358.00K | 475.00K |
| Provision & Write-off of Bad Debts | 194.00K | 194.00K | 1.00K | -5.00K | -11.00K | -58.00K |
| Other Operating Activities | -575.00K | -575.00K | -843.00K | -1.23M | -883.00K | -1.15M |
| Change in Accounts Receivable | -2.94M | -2.94M | -142.00K | -838.00K | 1.81M | -3.25M |
| Change in Inventory | -1.14M | -1.14M | 898.00K | -1.05M | 230.00K | -252.00K |
| Change in Accounts Payable | 5.27M | 5.27M | -1.88M | 798.00K | -1.10M | 1.53M |
| Change in Unearned Revenue | -49.00K | -49.00K | -505.00K | -523.00K | 287.00K | |
| Change in Income Taxes | -81.00K | -81.00K | -320.00K | -176.00K | -350.00K | 323.00K |
| Change in Other Net Operating Assets | -83.00K | -83.00K | 76.00K | -61.00K | 1.13M | -1.04M |
| Operating Cash Flow | 3.43M | 3.43M | 371.00K | 2.72M | 8.11M | 2.12M |
| Capital Expenditures | -1.74M | -1.74M | -967.00K | -542.00K | -4.50M | -1.47M |
| Sale of Property, Plant & Equipment | 173.00K | 60.00K | 78.00K | |||
| Sale (Purchase) of Real Estate | 200.00K | |||||
| Investment in Securities | 719.00K | 719.00K | 961.00K | 169.00K | -1.65M | 1.02M |
| Investing Cash Flow | -1.02M | -1.02M | 167.00K | -113.00K | -6.07M | -444.00K |
| Short-Term Debt Issued | 1.51M | 1.51M | 231.00K | 952.00K | 580.00K | 2.40M |
| Long-Term Debt Issued | 210.00K | 248.00K | ||||
| Total Debt Issued | 1.51M | 1.51M | 231.00K | 952.00K | 790.00K | 2.65M |
| Short-Term Debt Repaid | -1.67M | -1.67M | -98.00K | -961.00K | -1.50M | -1.54M |
| Long-Term Debt Repaid | -336.00K | -336.00K | -338.00K | -587.00K | -600.00K | -644.00K |
| Total Debt Repaid | -2.01M | -2.01M | -436.00K | -1.55M | -2.10M | -2.19M |
| Net Debt Issued (Repaid) | -495.00K | -495.00K | -205.00K | -596.00K | -1.31M | 464.00K |
| Issuance of Common Stock | 11.39M | 11.39M | 165.00K | 506.00K | 69.00K | 572.00K |
| Repurchase of Common Stock | -12.00K | -12.00K | ||||
| Other Financing Activities | -3.50M | -3.50M | -125.00K | |||
| Financing Cash Flow | 7.38M | 7.38M | -40.00K | -90.00K | -1.24M | 911.00K |
| Foreign Exchange Rate Adjustments | 771.00K | 771.00K | 587.00K | 4.00K | -131.00K | -791.00K |
| Net Cash Flow | 10.55M | 10.55M | 1.08M | 2.52M | 662.00K | 1.80M |
| Free Cash Flow | 1.69M | 1.69M | -596.00K | 2.17M | 3.61M | 655.00K |
| Free Cash Flow Margin | 2.69% | 2.69% | -1.63% | 5.14% | 8.35% | 1.49% |
| Free Cash Flow Per Share | 0.19 | 0.19 | -0.07 | 0.25 | 0.43 | 0.08 |
| Levered Free Cash Flow | 2.10M | 2.10M | 426.88K | 4.08M | 2.20M | 678.00K |
| Unlevered Free Cash Flow | 2.14M | 2.14M | 455.00K | 4.13M | 2.27M | 754.25K |
| Cash Interest Paid | 63.00K | 63.00K | 46.00K | 75.00K | 104.00K | 121.00K |
| Cash Income Tax Paid | 286.00K | 286.00K | 438.00K | 425.00K | 558.00K | 403.00K |
| Change in Working Capital | 982.00K | 982.00K | -1.87M | -1.85M | 2.01M | -2.69M |
Ratios
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 50.16M | 124.59M | 23.38M | 25.88M | 19.71M | 17.45M |
| Enterprise Value | 29.98M | 110.58M | 8.08M | 12.40M | 10.71M | 10.65M |
| Last Close Price | 4.87 | 12.32 | 2.71 | 3.04 | 2.40 | 2.17 |
| PE Ratio | 24.65 | 12.76 | 7.28 | |||
| PS Ratio | 0.81 | 1.99 | 0.64 | 0.61 | 0.46 | 0.40 |
| PB Ratio | 1.13 | 2.90 | 0.69 | 0.82 | 0.67 | 0.62 |
| P/TBV Ratio | 1.13 | 2.78 | 0.69 | 0.83 | 0.67 | 0.63 |
| P/FCF Ratio | 30.00 | 73.89 | 11.90 | 5.46 | 26.64 | |
| P/OCF Ratio | 14.76 | 36.35 | 63.01 | 9.53 | 2.43 | 8.22 |
| EV/Sales Ratio | 0.49 | 1.77 | 0.22 | 0.29 | 0.25 | 0.24 |
| EV/EBITDA Ratio | 15.05 | 54.77 | 2.86 | 2.34 | 1.48 | 1.99 |
| EV/EBIT Ratio | 53.13 | 10.88 | 4.79 | 4.52 | ||
| EV/FCF Ratio | 18.03 | 65.59 | 5.70 | 2.96 | 16.26 | |
| Debt / Equity Ratio | 0.14 | 0.14 | 0.05 | 0.09 | 0.14 | 0.22 |
| Debt / EBITDA Ratio | 1.94 | 1.94 | 0.41 | 0.42 | 0.47 | 0.96 |
| Debt / FCF Ratio | 3.50 | 3.50 | 1.31 | 1.14 | 9.26 | |
| Net Debt / Equity Ratio | -0.47 | -0.47 | -0.44 | -0.43 | -0.34 | -0.25 |
| Net Debt / EBITDA Ratio | -9.99 | -9.99 | -5.30 | -2.58 | -1.39 | -1.32 |
| Net Debt / FCF Ratio | -11.97 | -11.97 | 25.13 | -6.29 | -2.80 | -10.77 |
| Asset Turnover | 1.23 | 1.23 | 0.87 | 1.00 | 1.01 | 1.08 |
| Inventory Turnover | 18.41 | 18.41 | 10.08 | 11.88 | 14.31 | 14.91 |
| Quick Ratio | 3.09 | 3.09 | 4.47 | 2.94 | 2.68 | 2.16 |
| Current Ratio | 3.44 | 3.44 | 5.03 | 3.42 | 3.09 | 2.45 |
| Return on Equity (ROE) | 0.42% | 0.42% | 0.01% | 3.74% | 6.11% | 8.50% |
| Return on Assets (ROA) | -0.25% | -0.25% | 0.23% | 1.68% | 3.26% | 3.60% |
| Return on Invested Capital (ROIC) | -0.39% | -0.40% | 0.02% | 4.28% | 8.17% | 9.09% |
| Return on Capital Employed (ROCE) | -0.40% | -0.40% | 0.40% | 3.40% | 6.80% | 7.50% |
| Earnings Yield | -0.08% | -0.03% | -0.18% | 4.06% | 7.84% | 13.73% |
| FCF Yield | 3.33% | 1.35% | -2.55% | 8.40% | 18.33% | 3.75% |
| Buyback Yield / Dilution | -5.47% | -5.47% | 0.65% | -3.22% | 0.22% | -10.78% |