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UNIVERSAL SECURITY INSTRUMENTS INC (UUU)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsMar-31-23Mar-31-22Mar-31-21Mar-31-20Mar-31-19Mar-31-18Mar-31-17Mar-31-16
   10-K10-K10-K10-K/A10-K10-K10-K10-K
Revenues:  
    Two Customer  19.616.313.61.5    
    One Customer  4.02.73.81.82.1   
    Other   0.50.111.515.4   
Total revenues  22.219.517.514.817.614.914.113.7
            Revenue growth   [+]13.4%11.6%18.4%-15.8%18.3%5.6%2.5%38.9%
Cost of goods sold  15.813.511.911.012.010.39.910.0
Gross profit  6.36.05.63.85.64.54.13.8
            Gross margin  28.6%30.9%32.2%25.4%31.6%30.6%29.5%27.5%
Selling, general and administrative  5.05.55.04.64.94.64.44.5
Research and development  0.40.40.50.70.50.70.70.7
Equity in earnings     -3.8-1.0-1.3-1.0-0.7
Other operating expenses  -0.2-0.2-0.2-0.2    
EBITDA   [+]1.00.10.1-5.4-0.8-2.0-2.0-2.1
            EBITDA margin  4.4%0.4%0.8%-36.5%-4.8%-13.6%-14.0%-15.1%
Depreciation  0.00.00.00.00.00.00.00.0
EBITA  1.00.10.1-5.4-0.9-2.0-2.0-2.1
            EBITA margin  4.4%0.4%0.8%-36.5%-4.9%-13.7%-14.1%-15.3%
Amortization of intangibles  0.00.00.00.00.00.00.00.0
EBIT   [+]1.00.10.1-5.4-0.9-2.0-2.0-2.1
            EBIT margin  4.4%0.4%0.8%-36.5%-4.9%-13.8%-14.2%-15.3%
Interest expense  0.20.10.10.40.50.2  
Other income (expense), net    0.2   -0.10.0
Pre-tax income  0.7-0.10.3-5.8-1.3-2.3-2.1-2.1
Income taxes  0.00.00.00.00.00.00.00.0
            Tax rate  2.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Net income  0.7-0.10.3-5.8-1.3-2.3-2.1-2.1
            Net margin  3.2%-0.4%1.5%-39.3%-7.7%-15.2%-14.6%-15.6%
   
Basic EPS   [+]$0.31($0.03)$0.12($2.51)($0.58)($0.98)($0.89)($0.92)
Diluted EPS   [+]$0.31($0.03)$0.12($2.51)($0.58)($0.98)($0.89)($0.92)
   
Shares outstanding (basic)  2.32.32.32.32.32.32.32.3
Shares outstanding (diluted)  2.32.32.32.32.32.32.32.3
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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