earnings
confidence high
sentiment negative
materiality 0.60
Trio-Tech Q4 revenue up 10% YoY but full-year net loss of $41k on forex headwinds
TRIO-TECH INTERNATIONAL
- Q4 revenue $10.7M (+10% YoY); IE segment revenue $4.1M (+70% YoY).
- Full-year net loss attributable to common $41k ($0.01/share) vs prior year profit $1.1M ($0.25/share).
- Excluding $671k forex loss, full-year adjusted profit would have been $630k.
- Cash and deposits $19.5M; working capital up 11%; backlog $11M.
- Signed agreement to acquire remaining 50% of Trio-Tech Malaysia, pending government approval.
item 2.02item 9.01