TechPrecision Corporation (TPCS)

Industrials | Manufacturing Metal Fabrication
Income Statement (Quarterly) 2025-06-30 2024-12-31 2024-09-30 2024-06-30
Revenue 7,379,000 7,622,000 8,946,000 7,985,895
Cost of Revenue 6,349,000 6,631,000 7,932,000 7,747,222
Gross Profit 1,030,000 991,000 1,014,000 238,673
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 1,493,000 1,687,000 1,502,000 1,579,780
Operating Expenses 1,493,000 1,687,000 1,502,000 1,579,780
Operating Income -463,000 -696,000 -488,000 -1,341,107
Interest Expense 135,000 147,000 113,000 131,777
Income Before Tax -597,000 -799,000 -601,000 -1,460,160
Income Tax Expense 0 0 0 0
Net Income -597,000 -799,000 -601,000 -1,460,160
Per Share
EPS -0.06 -0.08 -0.06 -0.16
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Revenue 34,031,000 31,591,059 31,431,614 22,282,495 15,595,558
Cost of Revenue 29,702,000 27,472,883 26,527,953 18,905,938 12,131,274
Gross Profit 4,329,000 4,118,176 4,903,661 3,376,557 3,464,284
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 6,487,000 8,750,376 6,008,881 4,938,086 2,841,036
Operating Expenses 6,487,000 8,750,376 6,008,881 4,938,086 2,841,036
Operating Income -2,158,000 -4,632,200 -1,064,378 -1,561,529 623,248
Interest Expense 541,000 521,108 355,608 269,375 202,337
Income Before Tax -2,750,000 -5,109,945 -783,422 -542,189 425,511
Income Tax Expense -2,000 1,932,227 195,584 -192,355 104,880
Net Income -2,748,000 -7,042,172 -979,006 -349,834 320,631
Per Share
EPS -0.29 -0.81 -0.11 -0.04 0.01
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Assets
Cash and Cash Equivalents 195,000 138,402 534,474 1,052,139
Short Term Investments 0 19,800 0 0
Net Receivables 11,779,000 10,897,990 11,284,292 11,359,480
Inventory 0 3,249,703 2,412,588 2,234,675
Total Current Assets 15,346,000 14,849,783 14,580,337 16,067,753
Property Plant Equipment 18,059,000 19,775,656 19,574,962 19,536,780
Goodwill and Intangibles 0 0 0 0
Total Assets 33,527,000 34,746,695 36,207,741 37,852,559
Liabilities
Account Payables 2,437,000 1,408,356 2,224,320 3,426,921
Short Term Debt 8,123,000 8,294,554 1,929,889 4,686,887
Total Current Liabilities 16,916,000 17,753,329 9,020,985 13,314,993
Long Term Debt 3,638,000 4,408,103 9,893,113 8,968,727
Total Liabilities 24,787,000 26,943,804 21,613,590 22,588,791
Shareholders Equity
Retained Earnings -10,146,000 -7,398,611 -356,439 622,567
Total Shareholders Equity 8,740,000 7,802,891 14,594,151 15,263,768
Balance Sheet (Annual) 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Assets
Cash and Cash Equivalents 195,000 138,402 534,474 1,052,139 2,130,711
Short Term Investments 0 19,800 0 0 0
Net Receivables 11,779,000 10,897,990 11,284,292 11,359,480 6,140,467
Inventory 0 3,249,703 2,412,588 2,234,675 1,271,156
Total Current Assets 15,346,000 14,849,783 14,580,337 16,067,753 9,921,771
Property Plant Equipment 18,059,000 19,775,656 19,574,962 19,536,780 4,063,209
Goodwill and Intangibles 0 0 0 0 0
Total Assets 33,527,000 34,746,695 36,207,741 37,852,559 16,004,019
Liabilities
Account Payables 2,437,000 1,408,356 2,224,320 3,426,921 500,848
Short Term Debt 8,123,000 8,294,554 1,929,889 4,686,887 2,474,963
Total Current Liabilities 16,916,000 17,753,329 9,020,985 13,314,993 4,720,233
Long Term Debt 3,638,000 4,408,103 9,893,113 8,968,727 1,341,938
Total Liabilities 24,787,000 26,943,804 21,613,590 22,588,791 6,062,171
Shareholders Equity
Retained Earnings -10,146,000 -7,398,611 -356,439 622,567 972,401
Total Shareholders Equity 8,740,000 7,802,891 14,594,151 15,263,768 9,941,848
Cash Flow Statement (Quarterly) 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Operating Activities
Net Income -2,748,000 -7,042,172 -979,006 -349,834
Depreciation & Amortization 2,796,000 2,429,377 2,217,472 1,460,439
Stock Based Compensation 522,000 1,401,725 309,389 190,754
Change in Working Capital -1,412,000 2,326,667 1,635,705 590,341
Operating Cash Flow -599,000 1,304,864 3,137,838 257,839
Investing Activities
Capital Expenditure -4,122,000 -3,230,237 -2,325,301 -939,004
Investments -4,122,000 -3,230,237 -2,325,301 -939,004
Investing Cash Flow -1,081,000 -3,168,293 -2,318,301 -8,734,814
Financing Activities
Debt Repayment -305,999 1,517,720 -12,164,629 -4,231,296
Common Stock Issued/Repurchased 2,052,000 0 0 3,523,000
Dividends Paid 0 0 0 0
Financing Cash Flow 1,737,000 1,467,357 -1,337,202 7,398,404
Summary
Free Cash Flow -4,721,000 -1,925,373 812,537 -681,165
Net Change in Cash 57,000 -396,072 -517,665 -1,078,572
Cash Flow Statement (Annual) 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Operating Activities
Net Income -2,748,000 -7,042,172 -979,006 -349,834 320,631
Depreciation & Amortization 2,796,000 2,429,377 2,217,472 1,460,439 704,049
Stock Based Compensation 522,000 1,401,725 309,389 190,754 179,917
Change in Working Capital -1,412,000 2,326,667 1,635,705 590,341 -678,470
Operating Cash Flow -599,000 1,304,864 3,137,838 257,839 635,850
Investing Activities
Capital Expenditure -4,122,000 -3,230,237 -2,325,301 -939,004 -617,513
Investments -4,122,000 -3,230,237 -2,325,301 -939,004 -617,513
Investing Cash Flow -1,081,000 -3,168,293 -2,318,301 -8,734,814 -607,931
Financing Activities
Debt Repayment -305,999 1,517,720 -12,164,629 -4,231,296 -1,120,441
Common Stock Issued/Repurchased 2,052,000 0 0 3,523,000 0
Dividends Paid 0 0 0 0 0
Financing Cash Flow 1,737,000 1,467,357 -1,337,202 7,398,404 1,172,049
Summary
Free Cash Flow -4,721,000 -1,925,373 812,537 -681,165 18,337
Net Change in Cash 57,000 -396,072 -517,665 -1,078,572 1,199,855