Pioneer Power Solutions Inc - Understand $PPSI stock

$PPSI Market Cap: $45.41 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$41.49M

TTM

Gross Margin

18.7%

TTM

Net Earnings

-$1.898M

TTM

Current Assets

$27.68M

Q4 2023

Current Liabilities

$18.26M

Q4 2023

Current Ratio

151.59%

Q4 2023

Total Assets

$33.02M

Q4 2023

Total Liabilities

$18.80M

Q4 2023

Book Value

$14.22M

Q4 2023

Cash

$3.582M

Q4 2023

P/E

-23.93

Sep 06, 2024 EST

Free Cash Flow

-$6.395M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Revenue	$41.49M	$27.00M	$18.31M	$19.50M	$20.60M	$20.10M	$114.4M	$99.60M	$106.5M	$92.19M	$88.20M	$83.96M	$68.79M	$47.20M	$40.60M	$0.00	$0.00
YoY Change	53.68%	47.45%	-6.1%	-5.34%	2.49%	-82.43%	14.86%	-6.5%	15.54%	4.52%	5.05%	22.05%	45.74%	16.26%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Revenue	$41.49M	$27.00M	$18.31M	$19.50M	$20.60M	$20.10M	$114.4M	$99.60M	$106.5M	$92.19M	$88.20M	$83.96M	$68.79M	$47.20M	$40.60M	$0.00	$0.00
Cost Of Revenue	$33.14M	$22.39M	$16.92M	$18.10M	$19.40M	$18.20M	$95.80M	$77.50M	$85.42M	$74.02M	$66.40M	$65.02M	$52.81M	$35.60M	$28.70M
Gross Profit	$8.350M	$4.607M	$1.393M	$1.400M	$1.200M	$1.900M	$18.60M	$22.10M	$21.11M	$18.17M	$21.80M	$18.94M	$15.98M	$11.60M	$11.90M
Gross Profit Margin	20.12%	17.06%	7.61%	7.18%	5.83%	9.45%	16.26%	22.19%	19.81%	19.71%	24.72%	22.56%	23.23%	24.58%	29.31%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Selling, General & Admin	$10.12M	$8.636M	$5.255M	$5.000M	$9.600M	$9.500M	$18.90M	$14.80M	$21.19M	$15.22M	$14.70M	$13.18M	$11.07M	$7.600M	$4.200M	$0.00	$0.00
YoY Change	17.17%	64.34%	5.1%	-47.92%	1.05%	-49.74%	27.7%	-30.17%	39.23%	3.55%	11.52%	19.07%	45.66%	80.95%
% of Gross Profit	121.19%	187.45%	377.24%	357.14%	800.0%	500.0%	101.61%	66.97%	100.42%	83.78%	67.43%	69.59%	69.29%	65.52%	35.29%
Research & Development	$885.0K
YoY Change
% of Gross Profit	10.6%
Depreciation & Amortization	$397.0K	$466.0K	$438.0K	$460.0K	$760.0K	$2.680M	$3.060M	$3.090M	$1.342M	$1.283M	$1.560M	$1.251M	$834.0K	$760.0K	$310.0K
YoY Change	-14.81%	6.39%	-4.78%	-39.47%	-71.64%	-12.42%	-0.97%	130.25%	4.6%	-17.76%	24.7%	50.0%	9.74%	145.16%
% of Gross Profit	4.75%	10.12%	31.44%	32.86%	63.33%	141.05%	16.45%	13.98%	6.36%	7.06%	7.16%	6.61%	5.22%	6.55%	2.61%
Operating Expenses	$11.00M	$8.636M	$5.255M	$5.200M	$9.800M	$11.10M	$21.10M	$16.70M	$26.41M	$16.42M	$14.70M	$12.99M	$11.27M	$7.600M	$4.300M	$0.00	$0.00
YoY Change	27.42%	64.34%	1.06%	-46.94%	-11.71%	-47.39%	26.35%	-36.75%	60.82%	11.69%	13.14%	15.32%	48.25%	76.74%
Operating Profit	-$2.654M	-$4.029M	-$3.862M	-$3.800M	-$8.600M	-$9.200M	-$2.500M	$5.400M	-$5.300M	$1.750M	$7.100M	$5.947M	$4.710M	$4.000M	$7.600M
YoY Change	-34.13%	4.32%	1.63%	-55.81%	-6.52%	268.0%	-146.3%	-201.89%	-402.86%	-75.35%	19.39%	26.26%	17.75%	-47.37%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Interest Expense	$232.0K	$465.0K	$387.0K	$300.0K	-$400.0K	-$900.0K	-$2.200M	-$1.300M	-$300.0K	-$400.0K	-$700.0K	-$700.0K	-$800.0K	-$100.0K	$0.00
YoY Change	-50.11%	20.16%	29.0%	-175.0%	-55.56%	-59.09%	69.23%	333.33%	-25.0%	-42.86%	0.0%	-12.5%	700.0%
% of Operating Profit								-24.07%		-22.86%	-9.86%	-11.77%	-16.99%	-2.5%	0.0%
Other Income/Expense, Net	$524.0K	-$67.00K	-$108.0K	$1.000M	-$2.800M	-$100.0K	-$400.0K		-$2.535M	-$913.0K	-$400.0K	-$92.00K	-$820.0K	-$400.0K	$0.00
YoY Change	-882.09%	-37.96%	-110.8%	-135.71%	2700.0%	-75.0%			177.66%	128.25%	334.78%	-88.78%	105.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Pretax Income	-$1.898M	-$3.631M	-$2.183M	-$3.000M	-$10.80M	-$10.10M	-$6.200M	$2.400M	-$8.583M	$255.0K	$6.000M	$4.922M	$3.244M	$3.600M	$7.600M	$0.00	$0.00
YoY Change	-47.73%	66.33%	-27.23%	-72.22%	6.93%	62.9%	-358.33%	-127.96%	-3465.88%	-95.75%	21.9%	51.73%	-9.89%	-52.63%
Income Tax		$7.000K	-$16.00K	$0.00	$1.300M	-$800.0K	-$2.500M	$900.0K	-$2.702M	$523.0K	$700.0K	$1.733M	$773.0K	$300.0K	$2.500M	$0.00	$0.00
% Of Pretax Income								37.5%		205.1%	11.67%	35.21%	23.83%	8.33%	32.89%
Net Earnings	-$1.898M	-$3.638M	-$2.167M	-$3.000M	-$1.000M	-$5.700M	-$9.200M	-$1.100M	-$5.881M	-$268.0K	$5.300M	$2.990M	-$60.00K	$2.900M	$5.100M	$0.00	$0.00
YoY Change	-47.83%	67.88%	-27.77%	200.0%	-82.46%	-38.04%	736.36%	-81.3%	2094.4%	-105.06%	77.26%	-5083.33%	-102.07%	-43.14%
Net Earnings / Revenue	-4.57%	-13.47%	-11.83%	-15.38%	-4.85%	-28.36%	-8.04%	-1.1%	-5.52%	-0.29%	6.01%	3.56%	-0.09%	6.14%	12.56%
Basic Earnings Per Share	-$0.19	-$0.37	-$0.24						-$0.76	-$0.04		$0.51	-$0.01
Diluted Earnings Per Share	-$0.19	-$0.37	-$244.6K	-$0.34	-$114.9K	-$655.2K	-$1.057M	-$126.4K	-$0.76	-$0.04	$841.3K	$0.51	-$0.01	$491.5K	$1.085M	$0.00	$0.00

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Cash & Short-Term Investments	$3.582M	$10.30M	$9.924M	$7.570M	$9.150M	$200.0K	$220.0K	$250.0K	$650.0K	$3.830M	$430.0K	$470.0K	$1.400M	$520.0K	$1.560M	$10.00K	$10.00K
YoY Change	-65.21%	3.75%	31.1%	-17.27%	4475.0%	-9.09%	-12.0%	-61.54%	-83.03%	790.7%	-8.51%	-66.43%	169.23%	-66.67%	15500.0%	0.0%
Cash & Equivalents	$3.582M	$10.30M	$9.924M	$7.570M	$8.210M	$200.0K	$220.0K	$250.0K	$650.0K	$3.830M	$430.0K	$470.0K	$1.400M	$520.0K	$1.560M	$10.00K
Short-Term Investments				$0.00	$940.0K
Other Short-Term Assets	$7.512M	$2.853M	$2.844M	$900.0K	$800.0K	$39.67M	$3.020M	$9.330M	$1.920M	$2.140M	$3.270M	$1.500M	$1.630M	$2.770M	$100.0K
YoY Change	163.3%	0.32%	216.0%	12.5%	-97.98%	1213.58%	-67.63%	385.94%	-10.28%	-34.56%	118.0%	-7.98%	-41.16%	2670.0%
Inventory	$7.579M	$8.748M	$4.160M	$2.400M	$4.550M	$3.680M	$26.11M	$22.28M	$17.66M	$14.43M	$12.64M	$14.91M	$13.71M	$7.190M	$6.430M
Prepaid Expenses
Receivables	$9.010M	$11.14M	$8.207M	$2.590M	$3.720M	$3.380M	$15.00M	$14.27M	$14.22M	$13.10M	$9.740M	$10.58M	$8.170M	$5.260M	$5.490M
Other Receivables	$0.00	$0.00	$0.00	$500.0K	$2.160M	$0.00	$740.0K	$70.00K	$580.0K	$480.0K	$60.00K	$70.00K	$520.0K	$1.190M	$0.00
Total Short-Term Assets	$27.68M	$33.04M	$25.14M	$13.96M	$20.37M	$46.92M	$45.09M	$46.19M	$35.03M	$33.98M	$26.15M	$27.52M	$25.43M	$16.93M	$13.59M	$10.00K	$10.00K
YoY Change	-16.2%	31.43%	80.05%	-31.47%	-56.59%	4.06%	-2.38%	31.86%	3.09%	29.94%	-4.98%	8.22%	50.21%	24.58%	135800.0%	0.0%
Property, Plant & Equipment	$5.062M	$3.977M	$2.753M	$1.940M	$2.450M	$880.0K	$6.860M	$5.930M	$7.350M	$11.20M	$12.21M	$10.94M	$9.980M	$4.590M	$990.0K
YoY Change	27.28%	44.46%	41.91%	-20.82%	178.41%	-87.17%	15.68%	-19.32%	-34.38%	-8.27%	11.61%	9.62%	117.43%	363.64%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$277.0K	$162.0K	$39.00K	$20.00K	$560.0K	$21.62M	$7.380M	$10.20M	$4.270M	$8.270M	$2.220M	$1.500M	$980.0K	$610.0K	$20.00K
YoY Change	70.99%	315.38%	95.0%	-96.43%	-97.41%	192.95%	-27.65%	138.88%	-48.37%	272.52%	48.0%	53.06%	60.66%	2950.0%
Total Long-Term Assets	$5.339M	$4.139M	$2.792M	$7.330M	$8.110M	$25.59M	$29.17M	$31.22M	$31.85M	$38.86M	$27.71M	$24.66M	$23.41M	$15.17M	$1.010M	$0.00	$0.00
YoY Change	28.99%	48.24%	-61.91%	-9.62%	-68.31%	-12.27%	-6.57%	-1.98%	-18.04%	40.24%	12.37%	5.34%	54.32%	1401.98%
Total Assets	$33.02M	$37.18M	$27.93M	$21.29M	$28.48M	$72.51M	$74.26M	$77.41M	$66.88M	$72.84M	$53.86M	$52.18M	$48.84M	$32.10M	$14.60M	$10.00K	$10.00K
YoY Change
Accounts Payable	$12.32M	$8.297M	$3.352M	$3.310M	$7.530M	$8.950M	$20.38M	$14.12M	$20.03M	$14.40M	$8.370M	$12.04M	$11.32M	$7.330M	$2.570M
YoY Change	48.43%	147.52%	1.27%	-56.04%	-15.87%	-56.08%	44.33%	-29.51%	39.1%	72.04%	-30.48%	6.36%	54.43%	185.21%
Accrued Expenses	$876.0K	$703.0K	$605.0K	$430.0K												$0.00	$0.00
YoY Change	24.61%	16.2%	40.7%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$370.0K	$20.83M	$24.43M	$22.75M	$11.80M	$6.860M	$800.0K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change				-100.0%	-98.22%	-14.74%	7.38%	92.8%	72.01%	757.5%
Long-Term Debt Due	$139.0K	$355.0K	$202.0K	$1.060M		$1.170M	$780.0K	$1.380M	$6.040M	$2.480M	$2.110M	$7.340M	$8.870M	$6.060M	$130.0K
YoY Change	-60.85%	75.74%	-80.94%			50.0%	-43.48%	-77.15%	143.55%	17.54%	-71.25%	-17.25%	46.37%	4561.54%
Total Short-Term Liabilities	$18.26M	$18.96M	$6.582M	$5.540M	$9.840M	$52.42M	$46.75M	$43.74M	$38.10M	$24.26M	$12.35M	$20.64M	$21.19M	$14.38M	$4.630M	$0.00	$0.00
YoY Change	-3.69%	188.09%	18.81%	-43.7%	-81.23%	12.13%	6.88%	14.8%	57.05%	96.44%	-40.16%	-2.6%	47.36%	210.58%
Long-Term Debt	$278.0K	$418.0K	$411.0K	$1.080M	$0.00	$2.620M	$4.150M	$4.010M	$170.0K	$9.540M	$7.210M	$9.800M	$9.020M	$20.00K	$0.00	$0.00	$0.00
YoY Change	-33.49%	1.7%	-61.94%		-100.0%	-36.87%	3.49%	2258.82%	-98.22%	32.32%	-26.43%	8.65%	45000.0%
Other Long-Term Liabilities	$264.0K	$1.280M	$1.382M	$820.0K	$1.790M	$3.930M	$4.140M	$1.060M	$440.0K	$350.0K	$210.0K	$840.0K	$570.0K	$310.0K	$360.0K
YoY Change	-79.38%	-7.38%	68.54%	-54.19%	-54.45%	-5.07%	290.57%	140.91%	25.71%	66.67%	-75.0%	47.37%	83.87%	-13.89%
Total Long-Term Liabilities	$542.0K	$1.280M	$1.793M	$1.900M	$1.790M	$6.550M	$8.290M	$5.070M	$610.0K	$9.890M	$7.420M	$10.64M	$9.590M	$330.0K	$360.0K	$0.00	$0.00
YoY Change	-57.66%	-28.61%	-5.63%	6.15%	-72.67%	-20.99%	63.51%	731.15%	-93.83%	33.29%	-30.26%	10.95%	2806.06%	-8.33%
Total Liabilities	$18.80M	$20.24M	$8.375M	$7.430M	$11.64M	$60.56M	$56.71M	$51.21M	$39.48M	$42.00M	$23.07M	$34.26M	$34.07M	$17.01M	$4.990M	$0.00	$0.00
YoY Change	-7.1%	141.7%	12.72%	-36.17%	-80.78%	6.79%	10.74%	29.71%	-6.0%	82.05%	-32.66%	0.56%	100.29%	240.88%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2015	2014	2013	2012	2011
Basic Shares Outstanding	9.905M shares	9.728M shares	8.858M shares	7.746M shares	7.185M shares	6.263M	5.907M	5.907M
Diluted Shares Outstanding	9.905M shares	9.728M shares	8.858M shares	7.746M shares	7.185M shares		5.913M	5.949M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $45.415 Million

About Pioneer Power Solutions Inc

Pioneer Power Solutions, Inc. designs and manufactures electrical equipment. The company is headquartered in Fort Lee, New Jersey and currently employs 99 full-time employees. The company went IPO on 2013-09-19. Its products and services are sold to a broad range of customers in the utility, industrial and commercial markets. The company operates through two segments: Transmission & Distribution Solutions (T&D Solutions) and Critical Power Solutions (Critical Power). Its T&D Solutions business provides equipment solutions, including e-Bloc, that help customers protect, control, transfer, monitor and manage their electric energy requirements. Its solutions are marketed principally through its Pioneer Custom Electrical Products Corp. (PCEP) brand name. Its Critical Power business provides customers with suite of mobile E-BOOST EV charging solutions, and all forms of maintenance on power generation equipment. Its products are marketed under Titan brand.

Industry: Power, Distribution & Specialty Transformers Peers: Better for You Wellness Inc Broadwind Inc Bloom Energy Corp Capstone Green Energy Holdings, Inc. Clean Energy Technologies, Inc. Power Solutions International Inc Ocean Power Technologies, Inc. Polar Power Inc