Income Statement Solitron Devices, Inc.

Stocks

SODI

US8342562084

Semiconductors

Market Closed - OTC Markets 13:58:45 2026-06-04 EDT			5-day change	1st Jan Change
23.00 ^USD	+4.55%		-27.90%	+21.69%

07-13	Solitron Devices, Inc. Reports Earnings Results for the First Quarter Ended May 31, 2026	CI
07-13	Tranche Update on Solitron Devices, Inc.'s Equity Buyback Plan announced on May 29, 2015.	CI

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Published financial data: SOLITRON DEVICES, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: February	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)	2026 (USD)
Revenues	12.28M	6.41M	12.76M	14.05M	16.97M
Total Revenues	12.28M	6.41M	12.76M	14.05M	16.97M
Cost of Goods Sold, Total	7.48M	5M	8.95M	10.06M	11.85M
Gross Profit	4.8M	1.4M	3.81M	3.99M	5.12M
Selling General & Admin Expenses, Total	2.51M	2.05M	2.87M	2.99M	3.5M
Other Operating Expenses, Total	2.51M	2.05M	2.87M	2.99M	3.5M
Operating Income	2.29M	-651K	934K	998K	1.62M
Interest Expense, Total	-103K	-108K	-177K	-272K	-263K
Interest And Investment Income	5K	67K	58K	76K	260K
Net Interest Expenses	-98K	-41K	-119K	-196K	-3K
Other Non Operating Income (Expenses)	458K	650K	-27K	-	-339K
EBT, Excl. Unusual Items	2.65M	-42K	788K	802K	1.28M
Gain (Loss) On Sale Of Investments	44K	868K	-247K	191K	-180K
Other Unusual Items	812K	-	2.24M	-	-
EBT, Incl. Unusual Items	3.51M	826K	2.78M	993K	1.1M
Income Tax Expense	-	-	-3.02M	178K	289K
Earnings From Continuing Operations	3.51M	826K	5.8M	815K	807K
Net Income to Company	3.51M	826K	5.8M	815K	807K
Net Income - (IS)	3.51M	826K	5.8M	815K	807K
Net Income to Common Incl Extra Items	3.51M	826K	5.8M	815K	807K
Net Income to Common Excl. Extra Items	3.51M	826K	5.8M	815K	807K
Per Share Items
Net EPS - Basic	1.68	0.4	2.78	0.39	0.38
Basic EPS - Continuing Operations	1.68	0.4	2.78	0.39	0.38
Basic Weighted Average Shares Outstanding	2.08M	2.08M	2.08M	2.08M	2.1M
Net EPS - Diluted	1.68	0.4	2.78	0.39	0.38
Diluted EPS - Continuing Operations	1.68	0.4	2.78	0.39	0.38
Diluted Weighted Average Shares Outstanding	2.08M	2.08M	2.08M	2.08M	2.1M
Normalized Basic EPS	0.8	-0.01	0.24	0.24	0.38
Normalized Diluted EPS	0.8	-0.01	0.24	0.24	0.38
Dividend Per Share	-	-	-	-	-
Payout Ratio	-	-	-	-	-
Supplemental Items
EBITDA	2.56M	-288K	1.54M	1.77M	2.41M
EBITA	2.29M	-651K	934K	1.21M	1.83M
EBIT	2.29M	-651K	934K	998K	1.62M
EBITDAR	3.01M	-213K	-	-	-
Effective Tax Rate - (Ratio)	-	-	-108.89	17.93	26.37
Normalized Net Income	1.66M	-26.25K	492K	501K	798K
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	124K	65K	32.44K	30K	18K
Net Rental Expense, Total	457K	75K	-	-	-
Imputed Operating Lease Interest Expense	185K	23.03K	-	-	-
Imputed Operating Lease Depreciation	272K	51.97K	-	-	-
Stock-Based Comp., SG&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	-	-	-	-	361K
Total Stock-Based Compensation	-	-	-	-	361K

Fiscal Period: February	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)	2026 (USD)
Assets
Cash And Equivalents	4.09M	1.45M	2.22M	4.1M	3.91M
Short Term Investments	684K	2.88M	904K	919K	2K
Total Cash And Short Term Investments	4.77M	4.33M	3.12M	5.02M	3.92M
Accounts Receivable, Total	1.59M	784K	2.83M	2.13M	3.37M
Total Receivables	1.59M	784K	2.83M	2.13M	3.37M
Inventory	2.26M	2.42M	4.13M	3.44M	4.13M
Prepaid Expenses	196K	203K	532K	132K	142K
Total Current Assets	8.82M	7.73M	10.61M	10.72M	11.56M
Gross Property Plant And Equipment	9.86M	12.05M	15.35M	15.44M	15.77M
Accumulated Depreciation	-4.32M	-4.69M	-6.28M	-6.81M	-7.39M
Net Property Plant And Equipment	5.54M	7.36M	9.07M	8.64M	8.38M
Long-term Investments	-	-	-	-	1.65M
Other Intangibles, Total	-	-	3.11M	2.9M	2.7M
Deferred Tax Assets Long-Term	-	-	1.84M	1.62M	1.33M
Other Long-Term Assets, Total	4K	14K	107K	555K	323K
Total Assets	14.36M	15.1M	24.74M	24.44M	25.94M
Liabilities
Accounts Payable, Total	135K	141K	439K	439K	470K
Accrued Expenses, Total	401K	386K	495K	536K	802K
Current Portion of Long-Term Debt	103K	107K	111K	152K	160K
Current Portion of Leases	9K	3K	1.75M	-	-
Current Income Taxes Payable	-	-	-	-	-
Other Current Liabilities	511K	552K	1.59M	998K	1.1M
Total Current Liabilities	1.16M	1.19M	4.38M	2.12M	2.53M
Long-Term Debt	2.76M	2.65M	2.54M	3.76M	3.6M
Long-Term Leases	3K	-	-	-	-
Other Non Current Liabilities	-	-	751K	663K	-
Total Liabilities	3.92M	3.84M	7.67M	6.55M	6.14M
Common Stock, Total	21K	21K	21K	21K	21K
Additional Paid In Capital	1.83M	1.83M	1.83M	1.83M	1.99M
Retained Earnings	10M	10.82M	16.62M	17.44M	18.25M
Treasury Stock	-1.41M	-1.41M	-1.41M	-1.41M	-452K
Comprehensive Income and Other	-	-	-	-	-
Total Common Equity	10.44M	11.27M	17.07M	17.88M	19.8M
Total Equity	10.44M	11.27M	17.07M	17.88M	19.8M
Total Liabilities And Equity	14.36M	15.1M	24.74M	24.44M	25.94M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.08M	2.08M	2.08M	2.08M	2.15M
ECS Total Common Shares Outstanding	2.08M	2.08M	2.08M	2.08M	2.15M
Book Value / Share	5.01	5.41	8.19	8.59	9.22
Tangible Book Value	10.44M	11.27M	13.95M	14.98M	17.11M
Tangible Book Value Per Share	5.01	5.41	6.7	7.19	7.97
Total Debt	2.87M	2.76M	4.4M	3.92M	3.76M
Net Debt	-1.9M	-1.57M	1.28M	-1.1M	-151K
Debt Equivalent Oper. Leases	3.66M	600K	-	-	-
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	1.5M	1.33M	2.49M	2.29M	3.28M
Inventories - Work In Process, Total	5.41M	5.22M	5.27M	5.17M	5.24M
Inventories - Finished Goods, Total	723K	597K	1.15M	938K	646K
Land - (BS)	1.55M	1.55M	1.55M	1.98M	1.98M
Buildings, Total	2.65M	5.11M	5.16M	6.96M	7.02M
Machinery, Total	4.76M	5.1M	6.44M	6.51M	6.77M
Full Time Employees	54	44	41	46	45
Part Time Employees	4	3	3	1	1
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-
Order Backlog	4.46M	7.63M	11.21M	18.11M	27.28M

Fiscal Period: February	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)	2026 (USD)
Net Income	3.51M	826K	5.8M	815K	807K
Depreciation & Amortization - CF	604K	363K	640K	559K	579K
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	210K	210K
Depreciation & Amortization, Total	604K	363K	640K	769K	789K
(Gain) Loss From Sale Of Asset	-17K	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-44K	-868K	248K	-191K	180K
Stock-Based Compensation (CF)	-	-	-	-	361K
Other Operating Activities, Total	-812K	-26K	-5.22M	320K	377K
Change In Accounts Receivable	-285K	807K	-1.27M	697K	-1.24M
Change In Inventories	461K	-155K	945K	692K	-692K
Change In Accounts Payable	-30K	6K	251K	56K	31K
Change in Other Net Operating Assets	-51K	0	519K	-760K	735K
Cash from Operations	3.33M	953K	1.92M	2.4M	1.35M
Capital Expenditure	-5.5M	-2.19M	-355K	-1.84M	-327K
Cash Acquisitions	-	-	-2.42M	-88K	-895K
Investment in Marketable and Equity Securities, Total	-390K	-1.3M	1.74M	176K	-913K
Cash from Investing	-5.89M	-3.49M	-1.04M	-1.75M	-2.14M
Long-Term Debt Issued, Total	2.94M	-	-	1.4M	-
Total Debt Issued	2.94M	-	-	1.4M	-
Long-Term Debt Repaid, Total	-82K	-103K	-110K	-166K	-152K
Total Debt Repaid	-82K	-103K	-110K	-166K	-152K
Issuance of Common Stock	-	-	-	-	815K
Repurchase of Common Stock	-	-	-	-	-63K
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Cash from Financing	2.86M	-103K	-110K	1.23M	600K
Net Change in Cash	303K	-2.64M	770K	1.88M	-185K
Supplemental Items
Cash Interest Paid	102K	108K	102K	164K	184K
Cash Income Tax Paid (Refund)	-	-	-	71K	-
Levered Free Cash Flow	-3.08M	-1.62M	-1.89M	624K	129K
Unlevered Free Cash Flow	-3.02M	-1.55M	-1.78M	794K	293K
Change In Net Working Capital	-445K	-677K	2.64M	-1.24M	1.54M
Net Debt Issued / Repaid	2.86M	-103K	-110K	1.23M	-152K

Fiscal Period: February	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)	2026 (USD)
Profitability
Return on Assets	12.22	-2.76	2.93	2.54	4.01
Return on Total Capital	13.36	-2.98	3.29	2.88	4.46
Return On Equity %	40.38	7.61	40.95	4.66	4.28
Return on Common Equity	40.38	7.61	40.95	4.66	4.28
Margin Analysis
Gross Profit Margin %	39.07	21.87	29.84	28.41	30.16
SG&A Margin	20.41	32.03	22.52	21.31	20.63
EBITDA Margin %	20.81	-4.5	12.11	12.58	14.18
EBITA Margin %	18.66	-10.16	7.32	8.6	10.77
EBIT Margin %	18.66	-10.16	7.32	7.1	9.53
Income From Continuing Operations Margin %	28.56	12.89	45.47	5.8	4.76
Net Income Margin %	28.56	12.89	45.47	5.8	4.76
Net Avail. For Common Margin %	28.56	12.89	45.47	5.8	4.76
Normalized Net Income Margin	13.49	-0.41	3.86	3.57	4.7
Levered Free Cash Flow Margin	-25.09	-25.33	-14.78	4.44	0.76
Unlevered Free Cash Flow Margin	-24.56	-24.27	-13.92	5.65	1.73
Asset Turnover
Asset Turnover	1.05	0.43	0.64	0.57	0.67
Fixed Assets Turnover	3.99	0.99	1.55	1.59	1.99
Receivables Turnover (Average Receivables)	8.48	5.39	7.07	5.67	6.18
Inventory Turnover (Average Inventory)	3.01	2.14	2.73	2.66	3.13
Short Term Liquidity
Current Ratio	7.61	6.5	2.42	5.04	4.56
Quick Ratio	5.49	4.3	1.36	3.36	2.88
Operating Cash Flow to Current Liabilities	2.88	0.8	0.44	1.13	0.53
Days Sales Outstanding (Average Receivables)	43.04	67.66	51.79	64.37	59.11
Days Outstanding Inventory (Average Inventory)	121.45	170.47	133.87	137.41	116.61
Average Days Payable Outstanding	7.79	9.76	9.95	17.11	13.23
Cash Conversion Cycle (Average Days)	156.69	228.37	175.7	184.66	162.48
Long Term Solvency
Total Debt/Equity	27.49	24.48	25.77	21.9	19.01
Total Debt / Total Capital	21.56	19.66	20.49	17.97	15.98
LT Debt/Equity	26.42	23.5	14.86	21.05	18.2
Long-Term Debt / Total Capital	20.72	18.88	11.82	17.27	15.3
Total Liabilities / Total Assets	27.28	25.4	31.01	26.82	23.66
EBIT / Interest Expense	22.25	-6.03	5.28	3.67	6.15
EBITDA / Interest Expense	28.12	-2.67	8.89	6.5	9.15
(EBITDA - Capex) / Interest Expense	-25.27	-22.93	6.89	-0.26	7.91
Total Debt / EBITDA	0.99	-9.58	2.79	2.22	1.56
Net Debt / EBITDA	-0.66	5.45	0.81	-0.62	-0.06
Total Debt / (EBITDA - Capex)	-1.1	-1.11	3.61	-55.17	1.81
Net Debt / (EBITDA - Capex)	0.73	0.63	1.05	15.51	-0.07
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	16.61	-47.85	99.14	10.13	20.79
Gross Profit, 1 Yr. Growth %	46.44	-70.81	171.73	4.86	28.23
EBITDA, 1 Yr. Growth %	83.36	-111.27	-636.46	14.37	36.22
EBITA, 1 Yr. Growth %	96.06	-128.4	-243.47	16.27	51.32
EBIT, 1 Yr. Growth %	96.06	-128.4	-243.47	6.85	62.12
Earnings From Cont. Operations, 1 Yr. Growth %	154.02	-76.45	602.3	-85.95	-0.98
Net Income, 1 Yr. Growth %	154.02	-76.45	602.3	-85.95	-0.98
Normalized Net Income, 1 Yr. Growth %	112.67	-101.58	-1.98K	1.78	59.1
Diluted EPS Before Extra, 1 Yr. Growth %	152.11	-76.45	602.3	-85.94	-2.01
Accounts Receivable, 1 Yr. Growth %	21.82	-50.72	260.46	-24.66	58.15
Inventory, 1 Yr. Growth %	-16.94	6.86	71.1	-16.75	20.12
Net Property, Plant and Equip., 1 Yr. Growth %	791.3	32.97	23.25	-4.81	-2.92
Total Assets, 1 Yr. Growth %	57.9	5.2	63.8	-1.23	6.15
Tangible Book Value, 1 Yr. Growth %	50.6	7.91	23.85	7.34	14.22
Common Equity, 1 Yr. Growth %	50.6	7.91	51.49	4.78	10.74
Cash From Operations, 1 Yr. Growth %	99.16	-71.42	99.27	25.09	-43.7
Capital Expenditures, 1 Yr. Growth %	7.23K	-60.21	-83.78	417.75	-82.21
Levered Free Cash Flow, 1 Yr. Growth %	-305.66	-47.36	16.24	-133.07	-79.34
Unlevered Free Cash Flow, 1 Yr. Growth %	-300.95	-48.47	14.17	-144.71	-63.06
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	15.32	-22.02	1.91	48.09	15.34
Gross Profit, 2 Yr. CAGR %	80.38	-34.61	-10.93	68.8	15.96
EBITDA, 2 Yr. CAGR %	149.99	-54.55	-22.25	147.7	24.82
EBITA, 2 Yr. CAGR %	90.89	-25.38	-36.16	36.22	32.64
EBIT, 2 Yr. CAGR %	90.89	-25.38	-36.16	23.82	31.62
Earnings From Cont. Operations, 2 Yr. CAGR %	140.6	-22.66	28.59	-0.67	-62.7
Net Income, 2 Yr. CAGR %	140.6	-22.66	28.59	-0.67	-62.7
Normalized Net Income, 2 Yr. CAGR %	106.99	-81.65	-45.49	336.98	27.25
Diluted EPS Before Extra, 2 Yr. CAGR %	136.33	-22.95	28.59	-0.65	-62.89
Accounts Receivable, 2 Yr. CAGR %	7.41	-22.52	33.28	64.79	9.15
Inventory, 2 Yr. CAGR %	-11.26	-5.79	35.22	19.35	0
Net Property, Plant and Equip., 2 Yr. CAGR %	121.52	244.27	28.02	8.32	-3.87
Total Assets, 2 Yr. CAGR %	42.85	28.88	31.27	27.19	2.4
Tangible Book Value, 2 Yr. CAGR %	37.99	27.48	15.61	15.3	10.73
Common Equity, 2 Yr. CAGR %	37.99	27.48	27.86	25.98	7.71
Cash From Operations, 2 Yr. CAGR %	72.69	-24.55	-24.17	57.88	-16.08
Capital Expenditures, 2 Yr. CAGR %	613.56	440.12	-74.59	-8.35	-4.02
Levered Free Cash Flow, 2 Yr. CAGR %	38.27	4.05	-21.77	-37.99	-73.86
Unlevered Free Cash Flow, 2 Yr. CAGR %	36.82	1.76	-23.3	-28.55	-59.36
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	9.41	-11.48	6.59	4.58	38.37
Gross Profit, 3 Yr. CAGR %	51.1	-1.7	5.12	-5.95	54.02
EBITDA, 3 Yr. CAGR %	31.23	-11.03	3.49	-11.58	102.94
EBITA, 3 Yr. CAGR %	19.41	1.15	-7.21	-19.22	41.08
EBIT, 3 Yr. CAGR %	19.41	1.15	-7.21	-24.21	35.46
Earnings From Cont. Operations, 3 Yr. CAGR %	34.55	10.88	61.35	-38.52	-0.77
Net Income, 3 Yr. CAGR %	34.55	10.88	61.35	-38.52	-0.77
Normalized Net Income, 3 Yr. CAGR %	25.74	-59.21	-14.19	-32.88	212.03
Diluted EPS Before Extra, 3 Yr. CAGR %	30.53	9.56	60.95	-38.52	-1.1
Accounts Receivable, 3 Yr. CAGR %	-4.54	-17.16	29.34	10.2	62.55
Inventory, 3 Yr. CAGR %	-17.04	-5.59	14.94	15.03	19.6
Net Property, Plant and Equip., 3 Yr. CAGR %	120.4	86.86	144.45	15.98	4.43
Total Assets, 3 Yr. CAGR %	27.18	29	39.6	19.39	19.75
Tangible Book Value, 3 Yr. CAGR %	20.97	27.13	26.26	12.78	14.94
Common Equity, 3 Yr. CAGR %	20.97	27.13	35.03	19.65	20.68
Cash From Operations, 3 Yr. CAGR %	21.21	-5.18	4.62	-10.4	11.96
Capital Expenditures, 3 Yr. CAGR %	238.32	172.61	67.9	-30.6	-46.93
Levered Free Cash Flow, 3 Yr. CAGR %	23.98	0.22	7.97	-41.29	-57.01
Unlevered Free Cash Flow, 3 Yr. CAGR %	23.11	-1.19	5.74	-35.93	-42.65
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	10.59	-7.13	6.35	8.75	10.01
Gross Profit, 5 Yr. CAGR %	32.91	-9.75	22.31	22.03	9.33
EBITDA, 5 Yr. CAGR %	6.18	-	6.44	34	11.54
EBITA, 5 Yr. CAGR %	1.89	69.16	-7.05	13.94	9.35
EBIT, 5 Yr. CAGR %	1.89	69.16	-7.05	9.67	6.72
Earnings From Cont. Operations, 5 Yr. CAGR %	11.59	137.2	32.14	6.11	-10.19
Net Income, 5 Yr. CAGR %	11.59	137.2	32.14	6.11	-10.19
Normalized Net Income, 5 Yr. CAGR %	5.34	30.73	-9.99	5.32	0.46
Diluted EPS Before Extra, 5 Yr. CAGR %	11.05	108.76	29.75	5.36	-10.5
Accounts Receivable, 5 Yr. CAGR %	18.95	-10.42	9.09	9.07	20.85
Inventory, 5 Yr. CAGR %	-9.38	-9.25	0.86	3.69	8.71
Net Property, Plant and Equip., 5 Yr. CAGR %	58.52	65.6	77.35	50.24	68.29
Total Assets, 5 Yr. CAGR %	11.76	11.45	28.8	28.27	23.33
Tangible Book Value, 5 Yr. CAGR %	7.28	8.95	18.8	22.26	19.8
Common Equity, 5 Yr. CAGR %	7.28	8.95	23.68	26.67	23.36
Cash From Operations, 5 Yr. CAGR %	-	-	0.48	16.49	-4.21
Capital Expenditures, 5 Yr. CAGR %	-	-	20.11	76.27	34.24
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	3.12	-17.29	-38.78
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	1.88	-13.21	-27.87