$MPAA
MOTORCAR PARTS OF AMERICA INC

2021 Q4 Form 10-Q Financial Statement

#000114036122004321 Filed on February 09, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2020 Q4
Revenue $161.8M $122.6M
YoY Change 32.02% -2.39%
Cost Of Revenue $129.2M $98.33M
YoY Change 31.43% 0.42%
Gross Profit $32.58M $24.24M
YoY Change 34.38% -12.36%
Gross Profit Margin 20.13% 19.78%
Selling, General & Admin $20.88M $18.70M
YoY Change 11.63% -6.55%
% of Gross Profit 64.1% 77.15%
Research & Development $2.635M $2.100M
YoY Change 25.48% -3.4%
% of Gross Profit 8.09% 8.66%
Depreciation & Amortization $3.227M $2.860M
YoY Change 12.83% 19.17%
% of Gross Profit 9.91% 11.8%
Operating Expenses $23.51M $8.348M
YoY Change 181.67% -54.67%
Operating Profit $9.061M $15.89M
YoY Change -42.99% 71.89%
Interest Expense -$4.334M $8.400M
YoY Change -151.6% -370.97%
% of Operating Profit -47.83% 52.85%
Other Income/Expense, Net
YoY Change
Pretax Income $4.727M $11.84M
YoY Change -60.08% 400.3%
Income Tax $1.588M $3.373M
% Of Pretax Income 33.59% 28.48%
Net Earnings $3.139M $8.469M
YoY Change -62.94% 879.08%
Net Earnings / Revenue 1.94% 6.91%
Basic Earnings Per Share $0.16 $0.44
Diluted Earnings Per Share $0.16 $0.44
COMMON SHARES
Basic Shares Outstanding 19.18M 19.05M
Diluted Shares Outstanding 19.54M 19.44M

Balance Sheet

Concept 2021 Q4 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $9.981M $14.30M
YoY Change -30.2% 21.19%
Cash & Equivalents $7.769M $12.80M
Short-Term Investments $2.212M $1.500M
Other Short-Term Assets $11.74M $13.90M
YoY Change -15.52% 34.95%
Inventory $358.7M $296.3M
Prepaid Expenses
Receivables $84.30M $70.70M
Other Receivables $0.00 $0.00
Total Short-Term Assets $464.8M $395.1M
YoY Change 17.63% 5.81%
LONG-TERM ASSETS
Property, Plant & Equipment $132.7M $129.1M
YoY Change 2.76% 198.06%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $21.76M $17.60M
YoY Change 23.61% 2492.05%
Total Long-Term Assets $473.5M $404.1M
YoY Change 17.18% 14.37%
TOTAL ASSETS
Total Short-Term Assets $464.8M $395.1M
Total Long-Term Assets $473.5M $404.1M
Total Assets $938.3M $799.2M
YoY Change 17.4% 9.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $149.3M $146.1M
YoY Change 2.2% 83.04%
Accrued Expenses $43.78M $40.50M
YoY Change 8.09% 138.12%
Deferred Revenue $40.19M $44.78M
YoY Change -10.25% 35.88%
Short-Term Debt $113.0M $59.00M
YoY Change 91.53% -54.62%
Long-Term Debt Due $6.090M $6.200M
YoY Change -1.77% 10.71%
Total Short-Term Liabilities $356.7M $298.8M
YoY Change 19.36% 0.16%
LONG-TERM LIABILITIES
Long-Term Debt $17.69M $22.70M
YoY Change -22.06% -9.56%
Other Long-Term Liabilities $250.7M $178.0M
YoY Change 40.86% 3370.46%
Total Long-Term Liabilities $268.4M $200.7M
YoY Change 33.74% 3813.04%
TOTAL LIABILITIES
Total Short-Term Liabilities $356.7M $298.8M
Total Long-Term Liabilities $268.4M $200.7M
Total Liabilities $625.2M $499.6M
YoY Change 25.13% 12.93%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $313.1M $299.7M
YoY Change
Total Liabilities & Shareholders Equity $938.3M $799.2M
YoY Change 17.4% 9.97%

Cashflow Statement

Concept 2021 Q4 2020 Q4
OPERATING ACTIVITIES
Net Income $3.139M $8.469M
YoY Change -62.94% 879.08%
Depreciation, Depletion And Amortization $3.227M $2.860M
YoY Change 12.83% 19.17%
Cash From Operating Activities $2.165M $33.15M
YoY Change -93.47% 48.45%
INVESTING ACTIVITIES
Capital Expenditures -$1.873M -$5.230M
YoY Change -64.19% 33.76%
Acquisitions
YoY Change
Other Investing Activities -$70.00K -$60.00K
YoY Change 16.67% 50.0%
Cash From Investing Activities -$1.943M -$5.300M
YoY Change -63.34% 34.18%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -10.51M -36.42M
YoY Change -71.13% 134.82%
NET CHANGE
Cash From Operating Activities 2.165M 33.15M
Cash From Investing Activities -1.943M -5.300M
Cash From Financing Activities -10.51M -36.42M
Net Change In Cash -10.29M -8.570M
YoY Change 20.08% -398.61%
FREE CASH FLOW
Cash From Operating Activities $2.165M $33.15M
Capital Expenditures -$1.873M -$5.230M
Free Cash Flow $4.038M $38.38M
YoY Change -89.48% 46.27%

Facts In Submission

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