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Addvantage Technologies Group Inc   (AEY)
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    Sector  Retail    Industry Wholesale
   Industry Wholesale
   Sector  Retail


 

Addvantage Technologies Group Inc

AEY's Financial Statements and Analysis



Addvantage Technologies Group Inc reported in the third quarter of 2023 net loss per share of $-0.19 compare to earnings per share of $0.11 in the same quarter a year ago and improved compare to net loss per share of $-0.20 realized in previous quarter.


third quarter of 2023
Earnings Per Share Revenues
$ -0.19 $  10 Mill
$-0.30     $-16M     -62.05 %



Addvantage Technologies Group Inc 's Revenue fell by -62.05 % in third quarter of 2023 (Sep 30 2023) year on year, to $10 million and declined by -12.71 % sequentially.


Addvantage Technologies Group Inc is Expected to report next financial results on March 20, 2024.

More on AEY's Income Statement



Addvantage Technologies Group Inc 's in thethird quarter of 2023 recorded net loss of $-2.727 million, compare to net income of $1.483 million achieved in III. Quarter a year ago.

Sequentially net loss narrowed from net loss of $-2.834 million realized in previous quarter.

More on AEY's Growth

Addvantage Technologies Group Inc Inventories
Inventories declined by -10.12 % to $7.79 million from III. Quarter a year ago, sequentially inventories fell by -3.57 %. In Sep 30 2023 company's net cash and cash equivalents decreased by $-1 million

More on AEY's Cash flow Statement


Addvantage Technologies Group Inc does not pay out common stock dividend.

In trailing twelve-month period Addvantage Technologies Group Inc payed $ -0.63 cash per share, on a free-cash flow basis .

Book value fell by -36.89 % sequentially to $0.34 per share, -31.01% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 0.30 per share from $ 0.49.

Company issued 0.26 million shares or 1.84 % in Sep 30 2023.


More on AEY's Dividends

 Market Capitalization (Millions) 5
 Shares Outstanding (Millions) 14
 Total Debt (Millions $) 2
 Revenue (TTM) (Millions $) 55
 Net Income (TTM) (Millions $) -9
 Cash Flow (TTM) (Millions $) -6
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 178




Addvantage Technologies Group Inc does not pay out common stock dividend.

In trailing twelve-month period Addvantage Technologies Group Inc had negative $ -0.63 cash flow per share, on a free-cash flow basis .

Book value fell by -36.89 % sequentially to $0.34 per share, -31.01% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 0.30 per share from $ 0.49.

Company issued 0.26 million shares or 1.84 % in Sep 30 2023.


More on AEY's Balance Sheets

 Market Capitalization (Millions) 5
 Shares Outstanding (Millions) 14
 Total Debt (Millions $) 2
 Revenue (TTM) (Millions $) 55
 Net Income (TTM) (Millions $) -9
 Cash Flow (TTM) (Millions $) -6
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 178
   


  News about Addvantage Technologies Group Inc Earnings

Addvantage Technologies Group Inc Faces Dire Quarter, Raising Concerns Over Future Success



Addvantage Technologies Group Inc (AEY) recently released their financial results for the most recent fiscal period, revealing a disastrous performance. Revenue plummeted by a significant -62.05% to $9.84 million, and the shortfall per share increased to $-0.19 compared to the same quarter a year ago. These concerning figures raise questions about the company's ability to bounce back and thrive in the future.
Revenue Decline and Potential Impacts:
The third quarter of 2023 proved challenging for AEY as revenue deteriorated further, experiencing a -12.713% drop from the previous quarter, amounting to $11.27 million. This decline raises concerns about the company's sales performance and its a...

Addvantage Technologies Group Inc's Revenue Plummets and Ranking Deteriorates in Q1 2023, Reflecting Troubling Financial Period

Addvantage Technologies Group Inc, a company in the Services sector, experienced a decline in their revenue per employee on a trailing twelve month basis to $494,320. However, their employees remained productive and above the company average. The company has a total of 178 employees. Unfortunately, compared to their peers, employees of 134 other companies have achieved a higher revenue per employee than Addvantage Technologies Group Inc.
Additionally, the company's overall ranking has deteriorated compared to the forth quarter of 2022, falling to 134. For the fiscal span ending on March 31, 2023, the company has experienced an incre...


Date modified: 2023-11-17T15:05:48+00:00





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