TAT Technologies Ltd
NASDAQ:TATT
Income Statement
Earnings Waterfall
TAT Technologies Ltd
Revenue
|
113.8m
USD
|
Cost of Revenue
|
-91.3m
USD
|
Gross Profit
|
22.5m
USD
|
Operating Expenses
|
-16.4m
USD
|
Operating Income
|
6.1m
USD
|
Other Expenses
|
-1.4m
USD
|
Net Income
|
4.7m
USD
|
Income Statement
TAT Technologies Ltd
Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Dec-2014 | Dec-2015 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
86
N/A
|
85
-1%
|
85
-1%
|
87
+3%
|
88
+2%
|
78
-12%
|
79
+1%
|
79
0%
|
78
-1%
|
86
+11%
|
81
-6%
|
86
+6%
|
96
+12%
|
52
-46%
|
79
+51%
|
105
+34%
|
107
+1%
|
104
-3%
|
102
-2%
|
99
-3%
|
88
-11%
|
85
-3%
|
85
+0%
|
87
+2%
|
98
+12%
|
97
-1%
|
89
-8%
|
81
-9%
|
75
-7%
|
69
-8%
|
73
+6%
|
74
+1%
|
78
+5%
|
80
+2%
|
79
-1%
|
82
+4%
|
85
+3%
|
90
+6%
|
96
+7%
|
105
+9%
|
114
+9%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(66)
|
(66)
|
(67)
|
(67)
|
(67)
|
(59)
|
(59)
|
(59)
|
(59)
|
(66)
|
(64)
|
(72)
|
(77)
|
(41)
|
(62)
|
(84)
|
(86)
|
(86)
|
(86)
|
(85)
|
(80)
|
(77)
|
(76)
|
(77)
|
(82)
|
(80)
|
(75)
|
(69)
|
(67)
|
(62)
|
(64)
|
(64)
|
(67)
|
(69)
|
(67)
|
(70)
|
(69)
|
(73)
|
(77)
|
(84)
|
(91)
|
|
Gross Profit |
20
N/A
|
19
-5%
|
18
-6%
|
20
+9%
|
21
+7%
|
19
-8%
|
20
+2%
|
19
-3%
|
18
-6%
|
20
+8%
|
17
-13%
|
14
-20%
|
19
+39%
|
11
-40%
|
16
+44%
|
22
+31%
|
20
-5%
|
18
-12%
|
16
-14%
|
14
-13%
|
8
-42%
|
8
+0%
|
9
+13%
|
10
+13%
|
15
+51%
|
17
+8%
|
14
-13%
|
12
-19%
|
8
-28%
|
7
-14%
|
9
+23%
|
10
+17%
|
11
+8%
|
11
-3%
|
12
+8%
|
12
+4%
|
16
+29%
|
17
+8%
|
19
+8%
|
21
+13%
|
22
+7%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(16)
|
(15)
|
(15)
|
(16)
|
(16)
|
(14)
|
(14)
|
(13)
|
(13)
|
(15)
|
(13)
|
(13)
|
(15)
|
(7)
|
(11)
|
(15)
|
(15)
|
(15)
|
(16)
|
(15)
|
(13)
|
(12)
|
(11)
|
(11)
|
(13)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(13)
|
(14)
|
(14)
|
(14)
|
(14)
|
(15)
|
(16)
|
(16)
|
(15)
|
(15)
|
(16)
|
|
Selling, General & Administrative |
(16)
|
(14)
|
(15)
|
(15)
|
(15)
|
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(12)
|
(11)
|
(14)
|
(7)
|
(11)
|
(14)
|
(14)
|
(15)
|
(15)
|
(15)
|
(13)
|
(12)
|
(11)
|
(11)
|
(13)
|
(12)
|
(12)
|
(11)
|
(12)
|
(12)
|
(13)
|
(13)
|
(14)
|
(14)
|
(15)
|
(15)
|
(16)
|
(16)
|
(15)
|
(15)
|
(16)
|
|
Research & Development |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
4
N/A
|
4
+9%
|
3
-38%
|
4
+42%
|
5
+46%
|
5
+1%
|
6
+12%
|
7
+12%
|
6
-18%
|
5
-13%
|
4
-21%
|
1
-79%
|
4
+413%
|
4
-3%
|
5
+33%
|
7
+28%
|
5
-22%
|
3
-49%
|
(0)
N/A
|
(2)
-2 633%
|
(5)
-217%
|
(4)
+18%
|
(2)
+50%
|
(1)
+54%
|
3
N/A
|
4
+63%
|
2
-42%
|
(0)
N/A
|
(4)
-36 900%
|
(5)
-25%
|
(4)
+7%
|
(3)
+21%
|
(2)
+35%
|
(3)
-49%
|
(3)
+18%
|
(3)
-1%
|
(0)
+96%
|
1
N/A
|
3
+116%
|
5
+73%
|
6
+12%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
(0)
|
(0)
|
(1)
|
(0)
|
0
|
(0)
|
0
|
0
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
|
Non-Reccuring Items |
(6)
|
(6)
|
(6)
|
(7)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(1)
|
(3)
|
(3)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(1)
|
(0)
|
(0)
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(2)
N/A
|
(2)
+8%
|
(3)
-89%
|
(4)
-21%
|
4
N/A
|
5
+38%
|
6
+6%
|
7
+20%
|
5
-18%
|
5
-15%
|
3
-46%
|
5
+112%
|
4
-25%
|
4
-6%
|
5
+33%
|
7
+30%
|
5
-25%
|
3
-49%
|
(0)
N/A
|
(2)
-1 509%
|
(5)
-199%
|
(5)
+14%
|
(3)
+43%
|
(2)
+41%
|
2
N/A
|
4
+92%
|
2
-45%
|
(0)
N/A
|
(5)
-3 329%
|
(6)
-25%
|
(8)
-26%
|
(7)
+9%
|
(5)
+33%
|
(6)
-37%
|
(4)
+39%
|
(3)
+12%
|
(2)
+53%
|
0
N/A
|
2
+509%
|
4
+103%
|
5
+16%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
2
|
0
|
1
|
0
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(4)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
2
|
2
|
1
|
1
|
(1)
|
(2)
|
(1)
|
(0)
|
2
|
2
|
2
|
2
|
1
|
0
|
0
|
1
|
(0)
|
0
|
(0)
|
0
|
(1)
|
|
Income from Continuing Operations |
0
|
(1)
|
(2)
|
(4)
|
2
|
3
|
3
|
5
|
4
|
4
|
1
|
5
|
0
|
3
|
4
|
4
|
3
|
1
|
(1)
|
(2)
|
(4)
|
(3)
|
(1)
|
(0)
|
2
|
3
|
2
|
(0)
|
(3)
|
(4)
|
(6)
|
(5)
|
(4)
|
(6)
|
(3)
|
(3)
|
(2)
|
0
|
2
|
4
|
4
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Equity Earnings Affiliates |
(4)
|
0
|
0
|
(3)
|
(3)
|
(4)
|
(3)
|
1
|
1
|
1
|
0
|
1
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
|
Net Income (Common) |
(4)
N/A
|
(1)
+76%
|
(2)
-90%
|
(7)
-249%
|
(2)
+74%
|
(2)
+1%
|
(1)
+66%
|
5
N/A
|
4
-21%
|
3
-23%
|
1
-50%
|
6
+314%
|
0
-98%
|
3
+2 720%
|
3
+22%
|
4
+24%
|
2
-44%
|
0
-81%
|
(2)
N/A
|
(3)
-90%
|
(4)
-51%
|
(4)
+18%
|
(2)
+42%
|
(1)
+33%
|
1
N/A
|
1
+49%
|
(1)
N/A
|
(3)
-147%
|
(5)
-82%
|
(5)
+2%
|
(5)
-5%
|
(5)
+11%
|
(4)
+25%
|
(6)
-59%
|
(3)
+41%
|
(3)
+18%
|
(2)
+42%
|
1
N/A
|
2
+244%
|
5
+111%
|
5
-2%
|
|
EPS (Diluted) |
-0.48
N/A
|
-0.12
+75%
|
-0.22
-83%
|
-0.77
-250%
|
-0.2
+74%
|
-0.19
+5%
|
-0.06
+68%
|
0.52
N/A
|
0.41
-21%
|
0.32
-22%
|
0.16
-50%
|
0.66
+313%
|
0.01
-98%
|
0.32
+3 100%
|
0.39
+22%
|
0.48
+23%
|
0.26
-46%
|
0.05
-81%
|
-0.17
N/A
|
-0.32
-88%
|
-0.49
-53%
|
-0.4
+18%
|
-0.23
+43%
|
-0.15
+35%
|
0.08
N/A
|
0.13
+63%
|
-0.13
N/A
|
-0.32
-146%
|
-0.59
-84%
|
-0.58
+2%
|
-0.61
-5%
|
-0.54
+11%
|
-0.4
+26%
|
-0.64
-60%
|
-0.37
+42%
|
-0.3
+19%
|
-0.18
+40%
|
0.07
N/A
|
0.24
+243%
|
0.52
+117%
|
0.51
-2%
|