earnings
confidence high
sentiment neutral
materiality 0.65
Motorcar Parts of America posts record FY sales $717.7M, operating income up 26.5%; net loss $49.2M on non-cash items
MOTORCAR PARTS OF AMERICA INC
- Net sales $717.7M (+5.1% YoY); operating income $46.1M (+26.5% YoY).
- Net loss $49.2M ($2.51/diluted) includes $50.3M non-cash items, a $38M deferred tax asset valuation allowance.
- Q4 net sales $189.5M (down 2.7% YoY); net income $1.3M vs $1.5M.
- Cash from operations $39.2M; net bank debt reduced to $114M from $146.5M.
- FY2025 guidance: sales $746M-$766M, operating income $62M-$67M before non-cash items.