Cash flow Frequency Electronics, Inc.

Stocks

FEIM

US3580101067

Electrical Components & Equipment

Real-time Estimate Cboe BZX 15:59:03 2026-08-12 EDT			5-day change	1st Jan Change
78.65 ^USD	+3.62%		+10.18%	+45.36%

07-29	Frequency Electronics Prices $100 Million Public Stock Offering	MT
07-27	Frequency Electronics Receives $8 Million Order for Atomic Clocks for Moon Missions	MT

8d978907390ecd7432.cRWk8_-_-uYtlUSGqn5l6K8m3a75IP3fO8zECFcj2MI.PHzjxYrxmL5l1i7r5xgxqpkQhPGsVJmofJ2tWD1ProQYU-yYsvqrh0K4Jw

Published financial data: FREQUENCY ELECTRONICS, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: April	2022	2023	2024	2025	2026
Revenues	48.3M	40.78M	55.27M	69.81M	63.23M
Total Revenues	48.3M	40.78M	55.27M	69.81M	63.23M
Cost of Goods Sold, Total	39.7M	32.93M	36.69M	39.71M	41.03M
Gross Profit	8.6M	7.85M	18.58M	30.1M	22.2M
Selling General & Admin Expenses, Total	11.66M	9.37M	10.18M	12.29M	15M
R&D Expenses	4.98M	3.15M	3.38M	6.08M	5.99M
Other Operating Expenses, Total	16.64M	12.52M	13.56M	18.36M	21M
Operating Income	-8.04M	-4.67M	5.02M	11.73M	1.2M
Interest Expense, Total	-77K	-156K	-109K	-104K	-87K
Interest And Investment Income	199K	-	561K	519K	673K
Net Interest Expenses	122K	-156K	452K	415K	586K
Other Non Operating Income (Expenses)	160K	7K	-7K	-3K	-93K
EBT, Excl. Unusual Items	-7.76M	-4.82M	5.46M	12.14M	1.69M
Restructuring Charges	-	-	-	-	-4.6M
Gain (Loss) On Sale Of Investments	-796K	-606K	-	-	-
Gain (Loss) On Sale Of Assets	-110K	-	-	-	-
Asset Writedown	-	-	-	-	-
EBT, Incl. Unusual Items	-8.66M	-5.43M	5.46M	12.14M	-2.91M
Income Tax Expense	1K	74K	-130K	-11.54M	-2M
Earnings From Continuing Operations	-8.66M	-5.5M	5.59M	23.69M	-903K
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	-8.66M	-5.5M	5.59M	23.69M	-903K
Net Income - (IS)	-8.66M	-5.5M	5.59M	23.69M	-903K
Net Income to Common Incl Extra Items	-8.66M	-5.5M	5.59M	23.69M	-903K
Net Income to Common Excl. Extra Items	-8.66M	-5.5M	5.59M	23.69M	-903K
Per Share Items
Net EPS - Basic	-0.93	-0.59	0.59	2.46	-0.09
Basic EPS - Continuing Operations	-0.93	-0.59	0.59	2.46	-0.09
Basic Weighted Average Shares Outstanding	9.27M	9.34M	9.43M	9.61M	9.78M
Net EPS - Diluted	-0.93	-0.59	0.59	2.46	-0.09
Diluted EPS - Continuing Operations	-0.93	-0.59	0.59	2.46	-0.09
Diluted Weighted Average Shares Outstanding	9.27M	9.34M	9.43M	9.61M	9.78M
Normalized Basic EPS	-0.52	-0.32	0.36	0.79	0.11
Normalized Diluted EPS	-0.52	-0.32	0.36	0.79	0.11
Payout Ratio	-	-	-	0.7	-
Supplemental Items
EBITDA	-5.01M	-2.24M	7.14M	13.79M	3.09M
EBITA	-8.04M	-4.67M	5.02M	11.73M	1.2M
EBIT	-8.04M	-4.67M	5.02M	11.73M	1.2M
EBITDAR	-3.41M	-338K	9.04M	15.69M	5.59M
Effective Tax Rate - (Ratio)	-0.01	-1.36	-2.38	-95.04	68.95
Current Domestic Taxes	1K	74K	-130K	511K	34K
Current Foreign Taxes	-	-	-	-	-
Total Current Taxes	1K	74K	-130K	511K	34K
Deferred Domestic Taxes	-	-	-	-12.05M	-2.04M
Deferred Foreign Taxes	-	-	-	-	-
Total Deferred Taxes	-	-	-	-12.05M	-2.04M
Normalized Net Income	-4.85M	-3.01M	3.42M	7.59M	1.06M
Interest on Long-Term Debt	-	156K	109K	104K	87K
Non-Cash Pension Expense	1.1M	643K	219K	504K	374K
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	4.98M	3.15M	3.38M	6.08M	5.99M
Net Rental Expense, Total	1.6M	1.9M	1.9M	1.9M	2.5M
Imputed Operating Lease Interest Expense	103K	283K	240K	212K	212K
Imputed Operating Lease Depreciation	1.5M	1.62M	1.66M	1.69M	2.29M
Maintenance & Repair Expenses, Total	677K	409K	-	-	-
Stock-Based Comp., COGS (Total)	92K	188K	487K	357K	699K
Stock-Based Comp., SG&A Exp. (Total)	144K	200	301K	776K	1.2M
Stock-Based Comp., Other (Total)	11K	8.8K	34K	28K	75K
Total Stock-Based Compensation	247K	197K	822K	1.16M	1.97M

Fiscal Period: April	2022	2023	2024	2025	2026
Assets
Cash And Equivalents	11.56M	12.05M	18.32M	4.72M	1.6M
Short Term Investments	9.96M	-	-	-	-
Total Cash And Short Term Investments	21.52M	12.05M	18.32M	4.72M	1.6M
Accounts Receivable, Total	14.27M	14.63M	15.14M	23.83M	22.02M
Total Receivables	14.27M	14.63M	15.14M	23.83M	22.02M
Inventory	19.91M	20.53M	23.43M	23.49M	22.62M
Prepaid Expenses	1.16M	1.07M	1.2M	1.07M	1.52M
Other Current Assets, Total	269K	30K	37K	-	221K
Total Current Assets	57.13M	48.31M	58.12M	53.11M	47.98M
Gross Property Plant And Equipment	71.33M	70.77M	70.6M	74.93M	47.65M
Accumulated Depreciation	-53.96M	-56.3M	-58.12M	-60.08M	-33.14M
Net Property Plant And Equipment	17.37M	14.48M	12.47M	14.85M	14.51M
Long-term Investments	-	-	-	-	-
Goodwill	617K	617K	617K	617K	218K
Other Intangibles, Total	-	-	-	-	-
Loans Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	-	-	-	12.04M	14.08M
Other Long-Term Assets, Total	10.76M	11.1M	12.04M	13.12M	13.91M
Total Assets	85.88M	74.5M	83.25M	93.74M	90.71M
Liabilities
Accounts Payable, Total	1.08M	1.46M	2.35M	1.36M	2.98M
Accrued Expenses, Total	3.18M	3.4M	4.22M	5.33M	5.96M
Short-term Borrowings	-	-	-	-	-
Current Portion of Leases	1.74M	1.75M	1.64M	2.03M	2M
Current Income Taxes Payable	-	-	-	103K	-
Unearned Revenue Current, Total	12.22M	18.59M	21.64M	13.61M	9.42M
Other Current Liabilities	4.76M	2.07M	946K	1.03M	620K
Total Current Liabilities	22.98M	27.28M	30.8M	23.46M	20.98M
Long-Term Leases	7.35M	5.88M	4.54M	6.73M	5.65M
Deferred Tax Liability Non Current	8K	8K	8K	-	-
Other Non Current Liabilities	8.85M	8.44M	8.09M	7.93M	7.67M
Total Liabilities	39.19M	41.61M	43.44M	38.12M	34.3M
Common Stock, Total	9.3M	9.37M	9.51M	9.72M	9.92M
Additional Paid In Capital	57.96M	49.14M	50.33M	42.48M	45.51M
Retained Earnings	-20.12M	-25.62M	-20.03M	3.66M	2.76M
Treasury Stock	-6K	-3K	-3K	-231K	-1.78M
Comprehensive Income and Other	-440K	-	-	-	-
Total Common Equity	46.69M	32.89M	39.82M	55.62M	56.4M
Total Equity	46.69M	32.89M	39.82M	55.62M	56.4M
Total Liabilities And Equity	85.88M	74.5M	83.25M	93.74M	90.71M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	9.3M	9.39M	9.54M	9.73M	9.87M
ECS Total Common Shares Outstanding	9.3M	9.37M	9.51M	9.7M	9.87M
Book Value / Share	5.02	3.51	4.19	5.73	5.72
Tangible Book Value	46.07M	32.27M	39.2M	55M	56.18M
Tangible Book Value Per Share	4.96	3.44	4.12	5.67	5.69
Total Debt	9.1M	7.64M	6.18M	8.76M	7.65M
Net Debt	-12.43M	-4.41M	-12.14M	4.04M	6.05M
Debt Equivalent of Unfunded Proj. Benefit Obligation	8.73M	8.31M	8.69M	8.57M	8.3M
Debt Equivalent Oper. Leases	12.8M	15.2M	15.2M	15.2M	20M
Account Code - Inventory Valuation	8	8	8	8	5
Inventories - Raw Materials, Total	11.68M	12.46M	14.94M	14.67M	13.03M
Inventories - Work In Process, Total	7.75M	7.55M	8.04M	8.44M	9.2M
Inventories - Finished Goods, Total	477K	519K	457K	375K	387K
Buildings, Total	2.58M	2.6M	2.62M	2.92M	3.32M
Machinery, Total	59.95M	60.79M	61.94M	63.35M	36.92M
Full Time Employees	197	187	200	216	232
Part Time Employees	-	9	7	10	10
Accumulated Allowance for Doubtful Accounts (Supple)	111K	111K	110K	110K	39K
Order Backlog	40M	57M	78M	70M	111M

Fiscal Period: April	2022	2023	2024	2025	2026
Net Income	-8.66M	-5.5M	5.59M	23.69M	-903K
Depreciation & Amortization - CF	3.02M	2.43M	2.12M	2.06M	4.35M
Depreciation & Amortization, Total	3.02M	2.43M	2.12M	2.06M	4.35M
(Gain) Loss From Sale Of Asset	163K	34K	23K	3K	55K
(Gain) Loss on Sale of Investments - (CF)	790K	784K	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	4.17M
Stock-Based Compensation (CF)	247K	197K	822K	1.16M	1.97M
Tax Benefit from Stock Options	-	-	-	-	-
Provision and Write-off of Bad Debts	328K	567K	-171K	314K	-201K
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	826K	1.02M	424K	-9.4M	-1.06M
Change In Accounts Receivable	3.88M	-1.44M	-358K	-9.01M	2.02M
Change In Inventories	-464K	-1.22M	-3.82M	-1.3M	-2.58M
Change In Accounts Payable	-1K	384K	884K	-989K	1.62M
Change in Unearned Revenues	1.53M	7.49M	3.05M	-8.03M	-4.19M
Change In Income Taxes	175K	239K	-7K	140K	-324K
Change in Other Net Operating Assets	2.2M	-3.8M	136K	-55K	-3.64M
Cash from Operations	4.04M	1.18M	8.71M	-1.43M	1.28M
Capital Expenditure	-1.86M	-918K	-1.49M	-1.81M	-2.86M
Divestitures	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-422K	9.58M	-	-	-
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-2.28M	8.67M	-1.49M	-1.81M	-2.86M
Short Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-	-	-	-	-
Total Debt Repaid	-	-	-	-	-
Repurchase of Common Stock	-	-	-	-377K	-1.57M
Common Dividends Paid	-	-	-	-167K	-
Common & Preferred Stock Dividends Paid	-	-	-	-167K	-
Special Dividend Paid	-	-9.35M	-	-9.4M	-
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-	-9.35M	-	-9.94M	-1.57M
Foreign Exchange Rate Adjustments	-	-	-	-	-
Net Change in Cash	1.75M	488K	7.22M	-13.18M	-3.15M
Supplemental Items
Cash Interest Paid	77K	129K	114K	104K	87K
Cash Income Tax Paid (Refund)	-168K	-169K	13K	371K	351K
Levered Free Cash Flow	4.15M	2.33M	4.61M	-7.64M	3.72M
Unlevered Free Cash Flow	4.2M	2.43M	4.68M	-7.57M	3.78M
Change In Net Working Capital	-7.81M	-3.64M	-85K	16.31M	433K
Net Debt Issued / Repaid	-	-	-	-	-

Fiscal Period: April	2022	2023	2024	2025	2026
Profitability
Return on Assets	-5.5	-3.67	3.98	8.29	0.81
Return on Total Capital	-8.28	-6.06	7.25	13.29	1.17
Return On Equity %	-16.97	-13.83	15.39	49.64	-1.61
Return on Common Equity	-16.97	-13.83	15.39	49.64	-1.61
Margin Analysis
Gross Profit Margin %	17.8	19.25	33.62	43.11	35.11
SG&A Margin	24.15	22.98	18.42	17.6	23.73
EBITDA Margin %	-10.38	-5.49	12.92	19.75	4.88
EBITA Margin %	-16.64	-11.46	9.08	16.81	1.9
EBIT Margin %	-16.64	-11.46	9.08	16.81	1.9
Income From Continuing Operations Margin %	-17.94	-13.49	10.12	33.93	-1.43
Net Income Margin %	-17.94	-13.49	10.12	33.93	-1.43
Net Avail. For Common Margin %	-17.94	-13.49	10.12	33.93	-1.43
Normalized Net Income Margin	-10.04	-7.39	6.18	10.87	1.67
Levered Free Cash Flow Margin	8.59	5.72	8.34	-10.94	5.89
Unlevered Free Cash Flow Margin	8.69	5.96	8.46	-10.85	5.98
Asset Turnover
Asset Turnover	0.53	0.51	0.7	0.79	0.69
Fixed Assets Turnover	2.63	2.56	4.1	5.11	4.31
Receivables Turnover (Average Receivables)	2.98	2.94	3.71	3.58	2.76
Inventory Turnover (Average Inventory)	2.01	1.63	1.67	1.69	1.78
Short Term Liquidity
Current Ratio	2.49	1.77	1.89	2.26	2.29
Quick Ratio	1.56	0.98	1.09	1.22	1.13
Operating Cash Flow to Current Liabilities	0.18	0.04	0.28	-0.06	0.06
Days Sales Outstanding (Average Receivables)	122.52	124.33	98.56	101.86	132.33
Days Outstanding Inventory (Average Inventory)	181.9	224.09	219.24	215.6	205.07
Average Days Payable Outstanding	9.87	13.84	17.62	17.01	19.71
Cash Conversion Cycle (Average Days)	294.55	334.58	300.18	300.46	317.68
Long Term Solvency
Total Debt/Equity	19.48	23.22	15.53	15.74	13.56
Total Debt / Total Capital	16.31	18.84	13.45	13.6	11.94
LT Debt/Equity	15.75	17.89	11.42	12.1	10.01
Long-Term Debt / Total Capital	13.18	14.52	9.88	10.45	8.82
Total Liabilities / Total Assets	45.64	55.86	52.17	40.66	37.82
EBIT / Interest Expense	-104.39	-29.95	46.05	112.81	13.78
EBITDA / Interest Expense	-44.32	-2.17	82.96	150.84	64.22
(EBITDA - Capex) / Interest Expense	-68.48	-8.05	69.28	133.45	31.36
Total Debt / EBITDA	-2.67	-22.59	0.68	0.56	1.37
Net Debt / EBITDA	3.64	13.06	-1.34	0.26	1.08
Total Debt / (EBITDA - Capex)	-1.73	-6.08	0.82	0.63	2.8
Net Debt / (EBITDA - Capex)	2.36	3.51	-1.61	0.29	2.22
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-10.98	-15.57	35.55	26.3	-9.43
Gross Profit, 1 Yr. Growth %	-49.18	-8.72	136.76	61.96	-26.25
EBITDA, 1 Yr. Growth %	-313.96	-55.36	-419.17	93.01	-77.61
EBITA, 1 Yr. Growth %	739.04	-41.88	-207.43	133.75	-89.78
EBIT, 1 Yr. Growth %	739.04	-41.88	-207.43	133.75	-89.78
Earnings From Cont. Operations, 1 Yr. Growth %	-1.37K	-36.5	-201.69	323.42	-103.81
Net Income, 1 Yr. Growth %	-1.37K	-36.5	-201.69	323.42	-103.81
Normalized Net Income, 1 Yr. Growth %	-1.73K	-37.84	-213.34	122.25	-86.07
Diluted EPS Before Extra, 1 Yr. Growth %	-1.44K	-36.89	-200	316.95	-103.75
Accounts Receivable, 1 Yr. Growth %	-21.41	11.28	3.46	57.42	-7.6
Inventory, 1 Yr. Growth %	1.25	3.11	14.15	0.24	-3.7
Net Property, Plant and Equip., 1 Yr. Growth %	-10.4	-16.66	-13.82	19.02	-2.24
Total Assets, 1 Yr. Growth %	-11.2	-12.11	11.75	12.59	-3.23
Tangible Book Value, 1 Yr. Growth %	-15.92	-29.96	21.48	40.32	2.15
Common Equity, 1 Yr. Growth %	-15.74	-29.56	21.07	39.69	1.41
Cash From Operations, 1 Yr. Growth %	-66.8	-70.89	641.11	-116.4	-189.78
Capital Expenditures, 1 Yr. Growth %	50.12	-50.65	62.53	21.18	58.13
Levered Free Cash Flow, 1 Yr. Growth %	-56.23	-43.76	97.46	-265.75	-164.85
Unlevered Free Cash Flow, 1 Yr. Growth %	-56.09	-42.08	92.34	-261.95	-166.55
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	7.87	-13.31	6.98	30.84	6.95
Gross Profit, 2 Yr. CAGR %	22.31	-31.89	47.01	95.82	9.29
EBITDA, 2 Yr. CAGR %	-18.8	-2.27	19.37	148.2	-34.26
EBITA, 2 Yr. CAGR %	-14.21	120.84	-20.98	58.47	-51.12
EBIT, 2 Yr. CAGR %	-14.21	120.84	-20.98	58.47	-51.12
Earnings From Cont. Operations, 2 Yr. CAGR %	-7.05	184.42	-19.64	107.5	-59.82
Net Income, 2 Yr. CAGR %	-7.05	184.42	-19.64	107.5	-59.82
Normalized Net Income, 2 Yr. CAGR %	-18.82	218.25	-16.07	58.71	-44.35
Diluted EPS Before Extra, 2 Yr. CAGR %	-8.02	190.32	-20.56	104.19	-60.45
Accounts Receivable, 2 Yr. CAGR %	12.14	-10.23	7.3	27.62	20.6
Inventory, 2 Yr. CAGR %	-6.88	2.18	8.49	6.97	-1.75
Net Property, Plant and Equip., 2 Yr. CAGR %	-11.41	-13.59	-15.25	1.28	7.87
Total Assets, 2 Yr. CAGR %	-3	-12.23	-0.89	12.17	4.38
Tangible Book Value, 2 Yr. CAGR %	-7.31	-23.26	-7.76	30.56	19.72
Common Equity, 2 Yr. CAGR %	-7.22	-22.96	-7.65	30.05	19.02
Cash From Operations, 2 Yr. CAGR %	69.37	-68.91	46.89	10.24	-61.63
Capital Expenditures, 2 Yr. CAGR %	11.99	-13.92	-10.44	40.34	38.43
Levered Free Cash Flow, 2 Yr. CAGR %	319.41	-50.38	5.38	80.91	-10.1
Unlevered Free Cash Flow, 2 Yr. CAGR %	272.34	-49.57	5.55	76.49	-10.11
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-0.82	-0.59	0.62	13.07	15.74
Gross Profit, 3 Yr. CAGR %	-18.34	10.94	3.17	51.83	41.41
EBITDA, 3 Yr. CAGR %	593.96	-33.48	45	40.11	11.32
EBITA, 3 Yr. CAGR %	41.84	-24.65	73.68	13.43	-36.45
EBIT, 3 Yr. CAGR %	41.84	-24.65	73.68	13.43	-36.45
Earnings From Cont. Operations, 3 Yr. CAGR %	50.74	-18.13	101.87	39.83	-45.25
Net Income, 3 Yr. CAGR %	50.74	-18.13	101.87	39.83	-45.25
Normalized Net Income, 3 Yr. CAGR %	46.38	-25.73	125.58	16.12	-29.46
Diluted EPS Before Extra, 3 Yr. CAGR %	48.82	-18.87	103.51	38.06	-46.12
Accounts Receivable, 3 Yr. CAGR %	3.07	8.85	-5.88	21.92	14.59
Inventory, 3 Yr. CAGR %	-5.19	-3.66	6.02	5.67	3.29
Net Property, Plant and Equip., 3 Yr. CAGR %	10.03	-13.2	-13.67	-5.1	0.09
Total Assets, 3 Yr. CAGR %	-0.34	-6.55	-4.87	3.41	6.78
Tangible Book Value, 3 Yr. CAGR %	-9.65	-15.57	-10.56	6.08	20.3
Common Equity, 3 Yr. CAGR %	-9.55	-15.36	-10.43	6.01	19.7
Cash From Operations, 3 Yr. CAGR %	246.52	-5.83	-10.53	-29.27	2.95
Capital Expenditures, 3 Yr. CAGR %	-12.4	-14.78	6.39	-0.94	46.04
Levered Free Cash Flow, 3 Yr. CAGR %	6.27	114.67	-21.37	22.56	16.86
Unlevered Free Cash Flow, 3 Yr. CAGR %	7.22	100.25	-21.21	21.74	15.84
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-0.83	0.69	2.23	10.96	3.11
Gross Profit, 5 Yr. CAGR %	-5.23	8.74	3.31	39.25	5.58
EBITDA, 5 Yr. CAGR %	0.51	-25.74	243.21	12.64	5.67
EBITA, 5 Yr. CAGR %	1.33	-17.73	12.24	1.44	4.59
EBIT, 5 Yr. CAGR %	1.33	-17.73	12.24	1.44	4.59
Earnings From Cont. Operations, 5 Yr. CAGR %	11.96	-24.52	17.21	18.76	5.84
Net Income, 5 Yr. CAGR %	12.44	-25.38	17.21	18.76	5.84
Normalized Net Income, 5 Yr. CAGR %	1.96	-15.63	17.18	0.63	28.87
Diluted EPS Before Extra, 5 Yr. CAGR %	10.78	-25.32	15.78	17.36	5.69
Accounts Receivable, 5 Yr. CAGR %	-5.52	9.34	3.04	16	3.93
Inventory, 5 Yr. CAGR %	-7.28	-4.75	0.06	0.46	2.84
Net Property, Plant and Equip., 5 Yr. CAGR %	3.23	0.49	-0.88	-7.67	-5.62
Total Assets, 5 Yr. CAGR %	-5.39	-2.28	-0.82	0.53	-1.27
Tangible Book Value, 5 Yr. CAGR %	-12.28	-12.43	-8.9	0.51	0.5
Common Equity, 5 Yr. CAGR %	-12.17	-12.26	-8.79	0.51	0.36
Cash From Operations, 5 Yr. CAGR %	0.75	-23.66	145.83	0.3	-36.23
Capital Expenditures, 5 Yr. CAGR %	-18.69	-8.33	-11.62	4.04	18.2
Levered Free Cash Flow, 5 Yr. CAGR %	100.17	-28.75	5.91	100.47	-17.04
Unlevered Free Cash Flow, 5 Yr. CAGR %	79.88	-28.22	6.54	90.38	-16.94