Recent Insider Transactions • May 01
Independent Director recently sold US$284k worth of stock On the 28th of April, Robert Carey sold around 5k shares on-market at roughly US$56.73 per share. This transaction amounted to 39% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$897k more than they bought in the last 12 months. Recent Insider Transactions Derivative • Apr 29
Independent Director notifies of intention to sell stock Robert Carey intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 28th of April. If the sale is conducted around the recent share price of US$57.12, it would amount to US$286k. Since September 2025, Robert has owned 12.72k shares directly. Company insiders have collectively sold US$613k more than they bought, via options and on-market transactions in the last 12 months. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$58.80, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 21x in the Machinery industry in the US. Total returns to shareholders of 175% over the past three years. Recent Insider Transactions Derivative • Apr 16
Independent Chairman of the Board exercised options and sold US$56k worth of stock On the 13th of April, John Burgess exercised 5.00k options at around US$16.40, then sold 2k of the shares acquired at an average of US$52.11 per share and kept the remainder. Since September 2025, John has owned 40.00k shares directly. Company insiders have collectively sold US$584k more than they bought, via options and on-market transactions in the last 12 months. Reported Earnings • Apr 02
Third quarter 2026 earnings: EPS and revenues miss analyst expectations Third quarter 2026 results: EPS: US$0.79 (up from US$0.64 in 3Q 2025). Revenue: US$11.2m (up 5.8% from 3Q 2025). Net income: US$2.50m (up 25% from 3Q 2025). Profit margin: 22% (up from 19% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 15%. Earnings per share (EPS) also missed analyst estimates by 9.2%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment deteriorates as stock falls 27% After last week's 27% share price decline to US$57.00, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 19x in the Machinery industry in the US. Total returns to shareholders of 187% over the past three years. Buy Or Sell Opportunity • Feb 23
Now 20% undervalued Over the last 90 days, the stock has risen 79% to US$87.00. The fair value is estimated to be US$109, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 29% in the next 2 years. Recent Insider Transactions • Jan 27
Independent Director recently sold US$311k worth of stock On the 23rd of January, Fritz Armenat sold around 4k shares on-market at roughly US$71.95 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$584k more than they bought in the last 12 months. Recent Insider Transactions • Jan 16
Independent Director recently sold US$302k worth of stock On the 14th of January, Fritz Armenat sold around 4k shares on-market at roughly US$73.27 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$272k more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$67.42, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 20x in the Machinery industry in the US. Total returns to shareholders of 373% over the past three years. Reported Earnings • Dec 31
Second quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2026 results: EPS: US$0.64 (up from US$0.34 in 2Q 2025). Revenue: US$11.6m (up 36% from 2Q 2025). Net income: US$2.01m (up 90% from 2Q 2025). Profit margin: 17% (up from 12% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$54.97, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 20x in the Machinery industry in the US. Total returns to shareholders of 395% over the past three years. Buy Or Sell Opportunity • Dec 01
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.0% to US$47.74. The fair value is estimated to be US$61.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.9% over the last 3 years. Earnings per share has grown by 30%. Buy Or Sell Opportunity • Nov 12
Now 30% undervalued Over the last 90 days, the stock has risen 1.6% to US$43.60. The fair value is estimated to be US$62.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.9% over the last 3 years. Earnings per share has grown by 30%. Reported Earnings • Oct 01
First quarter 2026 earnings: EPS and revenues miss analyst expectations First quarter 2026 results: EPS: US$0.70 (down from US$0.85 in 1Q 2025). Revenue: US$9.92m (down 15% from 1Q 2025). Net income: US$2.19m (down 18% from 1Q 2025). Profit margin: 22% (in line with 1Q 2025). Revenue missed analyst estimates by 24%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Sep 08
Taylor Devices, Inc., Annual General Meeting, Oct 17, 2025 Taylor Devices, Inc., Annual General Meeting, Oct 17, 2025. Location: hyatt place buffalo/amherst, 5020 main street, amherst, new york United States Reported Earnings • Aug 17
Full year 2025 earnings released: EPS: US$3.01 (vs US$2.68 in FY 2024) Full year 2025 results: EPS: US$3.01 (up from US$2.68 in FY 2024). Revenue: US$46.3m (up 3.8% from FY 2024). Net income: US$9.41m (up 4.6% from FY 2024). Profit margin: 20% (in line with FY 2024). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to US$45.68, the stock trades at a trailing P/E ratio of 17.5x. Average forward P/E is 20x in the Machinery industry in the US. Total returns to shareholders of 418% over the past three years. Recent Insider Transactions Derivative • Apr 20
Independent Chairman of the Board exercised options to buy US$153k worth of stock. On the 14th of April, John Burgess exercised options to buy 5k shares at a strike price of around US$12.20, costing a total of US$61k. This transaction amounted to 14% of their direct individual holding at the time of the trade. Since September 2024, John's direct individual holding has increased from 35.00k shares to 40.00k. Company insiders have collectively bought US$180k more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Mar 28
Third quarter 2025 earnings released: EPS: US$0.64 (vs US$0.82 in 3Q 2024) Third quarter 2025 results: EPS: US$0.64 (down from US$0.82 in 3Q 2024). Revenue: US$10.6m (down 14% from 3Q 2024). Net income: US$2.00m (down 26% from 3Q 2024). Profit margin: 19% (down from 22% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 48% per year whereas the company’s share price has increased by 50% per year. New Risk • Feb 13
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$98.8m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (35% accrual ratio). Minor Risk Market cap is less than US$100m (US$98.8m market cap). New Risk • Jan 10
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (35% accrual ratio). Minor Risk Shareholders have been diluted in the past year (2.4% increase in shares outstanding). Reported Earnings • Jan 05
Second quarter 2025 earnings released: EPS: US$0.34 (vs US$0.56 in 2Q 2024) Second quarter 2025 results: EPS: US$0.34 (down from US$0.56 in 2Q 2024). Revenue: US$8.55m (down 17% from 2Q 2024). Net income: US$1.06m (down 47% from 2Q 2024). Profit margin: 12% (down from 19% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$35.26, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 23x in the Machinery industry in the US. Total returns to shareholders of 237% over the past three years. Valuation Update With 7 Day Price Move • Oct 04
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to US$45.83, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 22x in the Machinery industry in the US. Total returns to shareholders of 307% over the past three years. Reported Earnings • Sep 27
First quarter 2025 earnings released: EPS: US$0.85 (vs US$0.53 in 1Q 2024) First quarter 2025 results: EPS: US$0.85 (up from US$0.53 in 1Q 2024). Revenue: US$11.6m (up 17% from 1Q 2024). Net income: US$2.67m (up 44% from 1Q 2024). Profit margin: 23% (up from 19% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year and the company’s share price has also increased by 66% per year. Annonce • Sep 13
Taylor Devices, Inc., Annual General Meeting, Oct 25, 2024 Taylor Devices, Inc., Annual General Meeting, Oct 25, 2024. Location: hyatt place buffalo/amherst, 5020 main street, new york, 14226, amherst United States Valuation Update With 7 Day Price Move • Aug 29
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$56.00, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 22x in the Machinery industry in the US. Total returns to shareholders of 384% over the past three years. Reported Earnings • Aug 16
Full year 2024 earnings released: EPS: US$2.68 (vs US$1.79 in FY 2023) Full year 2024 results: EPS: US$2.68 (up from US$1.79 in FY 2023). Revenue: US$44.6m (up 11% from FY 2023). Net income: US$9.00m (up 43% from FY 2023). Profit margin: 20% (up from 16% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 64% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to US$53.74, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 21x in the Machinery industry in the US. Total returns to shareholders of 369% over the past three years. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$49.49, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 21x in the Machinery industry in the US. Total returns to shareholders of 338% over the past three years. Valuation Update With 7 Day Price Move • May 06
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to US$43.20, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 22x in the Machinery industry in the US. Total returns to shareholders of 248% over the past three years. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to US$45.99, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 24x in the Machinery industry in the US. Total returns to shareholders of 283% over the past three years. New Risk • Apr 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Significant insider selling over the past 3 months (US$9.1m sold). Reported Earnings • Mar 29
Third quarter 2024 earnings released: EPS: US$0.82 (vs US$0.47 in 3Q 2023) Third quarter 2024 results: EPS: US$0.82 (up from US$0.47 in 3Q 2023). Revenue: US$12.3m (up 24% from 3Q 2023). Net income: US$2.70m (up 63% from 3Q 2023). Profit margin: 22% (up from 17% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 63% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 28
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$49.77, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 24x in the Machinery industry in the US. Total returns to shareholders of 334% over the past three years. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$41.65, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 24x in the Machinery industry in the US. Total returns to shareholders of 251% over the past three years. Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to US$29.25, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 22x in the Machinery industry in the US. Total returns to shareholders of 182% over the past three years. Annonce • Jan 10
Taylor Devices, Inc. (NasdaqCM:TAYD) announces an Equity Buyback for 459,015 shares, representing 13% for $9.14 million. Taylor Devices, Inc. (NasdaqCM:TAYD) announces a share repurchase program. Under the program, the company will repurchase up to 459,015 shares, representing 13% of its issued and outstanding shares from the Ira Sochet Trust and the Ira Sochet Roth IRA, non-affiliates of the company. The agreed purchase price is $19.92 per share. The repurchases will be made on January 8, 2024. Board Change • Nov 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Independent Director Robert Carey was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 30
First quarter 2024 earnings released: EPS: US$0.52 (vs US$0.29 in 1Q 2023) First quarter 2024 results: EPS: US$0.52 (up from US$0.29 in 1Q 2023). Revenue: US$9.92m (up 9.2% from 1Q 2023). Net income: US$1.85m (up 84% from 1Q 2023). Profit margin: 19% (up from 11% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Annonce • Sep 09
Taylor Devices, Inc., Annual General Meeting, Oct 20, 2023 Taylor Devices, Inc., Annual General Meeting, Oct 20, 2023, at 11:00 Eastern Daylight. Location: Hyatt Place Buffalo/Amherst, 5020 Main Street, Amherst New York United States Agenda: To elect one Class 2 director of the Company to serve a three-year term to expire in 2026, or until the election and qualification of his successor; to ratify the appointment of Lumsden & McCormick, LLP as the independent registered public accounting firm of the Company for the fiscal year ending May 31, 2024; to approve the non-binding advisory resolution approving the compensation of the Company's named executive officers; and to discuss other matters. Reported Earnings • Aug 17
Full year 2023 earnings released: EPS: US$1.79 (vs US$0.64 in FY 2022) Full year 2023 results: EPS: US$1.79 (up from US$0.64 in FY 2022). Revenue: US$40.2m (up 30% from FY 2022). Net income: US$6.29m (up 181% from FY 2022). Profit margin: 16% (up from 7.3% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 10
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to US$19.12, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 21x in the Machinery industry in the US. Total returns to shareholders of 87% over the past three years. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to US$25.56, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 21x in the Machinery industry in the US. Total returns to shareholders of 157% over the past three years. Annonce • Jun 22
Taylor Devices, Inc. Announces Approval by International Code Council for New Method for Building Design Using Fluid Dampers Taylor Devices, Inc. announced that it has received ICC approval for an innovative building design method using what is called the Taylor Damped Moment Frame(TM) (TDMF(TM). It allows structural engineers to easily incorporate fluid dampers into the design of new buildings in earthquake zones. The TDMF(TM) design procedure offers a simplified and prescriptive alternative to the current building code. It will streamline the process of using Taylor Devices' fluid dampers in new buildings. The design procedure was developed, validated and published in accordance with the International Code Council Evaluation Service (ICC-ES) AC 494, which defines criteria for alternative methods for seismic force resisting systems. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$23.00, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 20x in the Machinery industry in the US. Total returns to shareholders of 110% over the past three years. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to US$20.72, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 21x in the Machinery industry in the US. Total returns to shareholders of 126% over the past three years. Reported Earnings • Mar 31
Third quarter 2023 earnings released: EPS: US$0.47 (vs US$0.034 loss in 3Q 2022) Third quarter 2023 results: EPS: US$0.47 (up from US$0.034 loss in 3Q 2022). Revenue: US$9.89m (up 61% from 3Q 2022). Net income: US$1.66m (up US$1.78m from 3Q 2022). Profit margin: 17% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$15.67, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 23x in the Machinery industry in the US. Total returns to shareholders of 27% over the past three years. Annonce • Jan 07
Taylor Devices, Inc. Announces CFO Changes Taylor Devices, Inc. announced the retirement of Mark V. McDonough as Chief Financial Officer of the company on December 31, 2022. Mr. McDonough has served as CFO since he joined the Company in 2003 and will remain as Corporate Secretary for the company. The Board of Directors has appointed Paul Heary as Chief Financial Officer of the Company effective January 1, 2023. Mr. Heary, age 52, is the former CFO of Multisorb Technologies, Inc. in West Seneca, NY. He previously served as Senior Finance Director of Carleton Technologies Inc. Mr. Heary holds an MBA and a BS in Business Administration from the State University of New York at Buffalo. Reported Earnings • Jan 06
Second quarter 2023 earnings released: EPS: US$0.45 (vs US$0.19 in 2Q 2022) Second quarter 2023 results: EPS: US$0.45 (up from US$0.19 in 2Q 2022). Revenue: US$10.5m (up 35% from 2Q 2022). Net income: US$1.56m (up 136% from 2Q 2022). Profit margin: 15% (up from 8.5% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment improved over the past week After last week's 25% share price gain to US$13.71, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 20x in the Machinery industry in the US. Total returns to shareholders of 24% over the past three years. Reported Earnings • Oct 01
First quarter 2023 earnings released: EPS: US$0.29 (vs US$0.052 in 1Q 2022) First quarter 2023 results: EPS: US$0.29 (up from US$0.052 in 1Q 2022). Revenue: US$9.09m (up 24% from 1Q 2022). Net income: US$1.00m (up 451% from 1Q 2022). Profit margin: 11% (up from 2.5% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Annonce • Sep 07
Taylor Devices, Inc., Annual General Meeting, Oct 21, 2022 Taylor Devices, Inc., Annual General Meeting, Oct 21, 2022, at 11:00 US Eastern Standard Time. Reported Earnings • Aug 19
Full year 2022 earnings released: EPS: US$0.64 (vs US$0.30 in FY 2021) Full year 2022 results: EPS: US$0.64 (up from US$0.30 in FY 2021). Revenue: US$30.9m (up 37% from FY 2021). Net income: US$2.24m (up 111% from FY 2021). Profit margin: 7.3% (up from 4.7% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 01
Third quarter 2022 earnings released: US$0.03 loss per share (vs US$0.052 profit in 3Q 2021) Third quarter 2022 results: US$0.03 loss per share (down from US$0.052 profit in 3Q 2021). Revenue: US$6.14m (up 29% from 3Q 2021). Net loss: US$117.3k (down 164% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Buying Opportunity • Feb 09
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 8.3%. The fair value is estimated to be US$13.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% per annum over the last 3 years. Earnings per share has declined by 11% per annum over the last 3 years. Reported Earnings • Dec 31
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: US$0.19 (up from US$0.18 in 2Q 2021). Revenue: US$7.76m (up 64% from 2Q 2021). Net income: US$659.8k (up 2.2% from 2Q 2021). Profit margin: 8.5% (down from 14% in 2Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Oct 02
First quarter 2022 earnings released: EPS US$0.05 (vs US$0.05 in 1Q 2021) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2022 results: Revenue: US$7.31m (up 27% from 1Q 2021). Net income: US$181.9k (up 3.3% from 1Q 2021). Profit margin: 2.5% (down from 3.1% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has fallen by 1% per year. Reported Earnings • Aug 28
Full year 2021 earnings released: EPS US$0.30 (vs US$0.87 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: US$22.5m (down 21% from FY 2020). Net income: US$1.06m (down 65% from FY 2020). Profit margin: 4.7% (down from 11% in FY 2020). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 28
Third quarter 2021 earnings released The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$4.77m (down 34% from 3Q 2020). Net income: US$182.3k (down 77% from 3Q 2020). Profit margin: 3.8% (down from 11% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Is New 90 Day High Low • Mar 11
New 90-day high: US$11.74 The company is up 19% from its price of US$9.87 on 10 December 2020. The American market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 17% over the same period.