Taylor Devices Inc (TAYD) Earnings Report, Financial Results, Financial analysis

Taylor Devices Inc reported in the first quarter of 2024 net earnings per share of $0.52 an increase by 79.31 % year on year from $0.29 and decline of -47.84 % from $1.00 earned in IV. Quarter (May 31 2023).

*first quarter of 2024*
Earnings Per Share	Revenues
$ 0.52	$ 10 Mill
$+0.23 +79.31 %	$+1M +9.16 %

Taylor Devices Inc's Revenue rose by 9.16 % in first quarter of 2024 (Aug 31 2023) year on year, to $10 million and declined by -27.39 % sequentially.

Taylor Devices Inc is Expected to report next financial results on January 05, 2024.

More on TAYD's Income Statement

TAYD's NET INCOME

Taylor Devices Inc's net income of $1.848 million in the first quarter of 2024 increased by 84.35 % from net earnings of $1.002 million achieved in I. Quarter a year ago.

Sequentially net earnings fell by -42.01 % from net income of $3.186 million realized in previous quarter.

More on TAYD's Growth

Taylor Devices Inc Inventories
In Aug 31 2023 company's net cash and cash equivalents decreased by $-1 million, capital expenditures grew by -48.69%, to $0 millions compare to same quarter a year ago and rose by -56.23% from IV. Quarter (May 31 2023).

More on TAYD's Cash flow Statement

Earnings quality

Taylor Devices Inc does not pay out common stock dividend.

In trailing twelve-month period Taylor Devices Inc earned $ 3.03 cash per share, on a free-cash flow basis 124.28 % of net earning per share.

Book value grew by 3.65 % sequentially to $14.62 per share, 73.97% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 14.62 per share from $ 14.10.

Company issued 0.00 million shares or 0.04 % in Aug 31 2023.

• More on TAYD's Dividends

Market Capitalization (Millions)	85
Shares Outstanding (Millions)	4
Total Debt (Millions $)	-
Revenue (TTM) (Millions $)	44
Net Income (TTM) (Millions $)	8
Cash Flow (TTM) (Millions $)	-19
Capital Exp. (TTM) (Millions $)	-3
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	112

Earnings quality

Taylor Devices Inc does not pay out common stock dividend.

In trailing twelve-month period Taylor Devices Inc had $ 3.03 cash flow per share, on a free-cash flow basis 124.28 % of net earning per share.

Book value grew by 3.65 % sequentially to $14.62 per share, 73.97% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 14.62 per share from $ 14.10.

Company issued 0.00 million shares or 0.04 % in Aug 31 2023.

• More on TAYD's Balance Sheets

Market Capitalization (Millions)	85
Shares Outstanding (Millions)	4
Total Debt (Millions $)	-
Revenue (TTM) (Millions $)	44
Net Income (TTM) (Millions $)	8
Cash Flow (TTM) (Millions $)	-19
Capital Exp. (TTM) (Millions $)	-3
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	112

Taylor Devices Inc

TAYD's Financial Statements and Analysis