AMSC files Megatran financials showing $72.3M revenue and $8.1M net income in 2023

AMERICAN SUPERCONDUCTOR CORP /DE/

Megatran's 2023 net sales $72.3M (+29% YoY), net income $8.1M vs $0.6M in 2022.
Total assets $49.2M and stockholders' equity $36M as of Dec 31, 2023.
One customer accounted for 39% of 2023 sales and 45% of accounts receivable.
Acquisition closed Aug 1, 2024; purchase price not disclosed in this amendment.

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