- United States
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- Machinery
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- NasdaqCM:TAYD
Taylor Devices Full Year 2024 Earnings: EPS: US$2.68 (vs US$1.79 in FY 2023)
Taylor Devices (NASDAQ:TAYD) Full Year 2024 Results
Key Financial Results
- 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.
- EPS: US$2.68 (up from US$1.79 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
The primary driver behind last 12 months revenue was the United States of America (USA) segment contributing a total revenue of US$38.3m (86% of total revenue). Notably, cost of sales worth US$23.7m amounted to 53% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$11.0m (93% of total expenses). Explore how TAYD's revenue and expenses shape its earnings.
Taylor Devices shares are up 3.3% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 1 warning sign for Taylor Devices you should be aware of.
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About NasdaqCM:TAYD
Taylor Devices
Engages in design, development, manufacture, and marketing of shock absorption, rate control, and energy storage devices for use in machinery, equipment, and structures in the United States, Asia, and internationally.
Flawless balance sheet with solid track record.