CPS Technologies Corporation (CPSH) 10-Year Financial Performance & Capital Metrics

CPSH • • Industrial / General

TechnologyTech Hardware & EquipmentElectronic Components & ConnectorsSpecialized Components

AboutCPS Technologies Corporation produces and sells advanced material solutions to the transportation, automotive, energy, computing/internet, telecommunication, aerospace, defense, and oil and gas markets. It primarily offers metal matrix composites that are a combination of metal and ceramic, such as baseplates for various applications, including motor controllers used in electric trains, subway cars, wind turbines, and hybrid and electric vehicles; hermetic packages for use in radar, satellite, and avionics applications; baseplates and housings used in modules built with wide band gap semiconductors; and lids and heatspreaders used with integrated circuits for use in internet switches and routers. The company also assembles housings and packages for hybrid circuits. It primarily sells its products to microelectronics systems companies in the United States, Europe, and Asia. The company was formerly known as Ceramics Process Systems Corporation and changed its name to CPS Technologies Corporation in March 2007. CPS Technologies Corporation was incorporated in 1984 and is headquartered in Norton, Massachusetts.Show more

Revenue $21M -23.3%
EBITDA -$4M -275.2%
Net Income -$3M -328.8%
EPS (Diluted) -0.22 -334.8%
Gross Margin -0.56% -102.3%
EBITDA Margin -18.15% -328.5%
Operating Margin -20.74% -436.2%
Net Margin -14.84% -398.4%
ROE -19.7% -337.4%
ROIC -32.34% -314.4%
Debt/Equity 0.01 -40.1%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Momentum leader: RS Rating 91 (top 9%)
✓Efficient asset utilization: 1.1x turnover

✗Weaknesses

✗Weak 3Y average ROE of 1.1%
✗Weak Piotroski F-Score: 2/9
✗Negative free cash flow

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-0.91%

5Y-0.32%

3Y-2.01%

TTM7.47%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-133.61%

EPS CAGR

10Y-

5Y-

3Y-

TTM-132.72%

ROCE

10Y Avg-2.89%

5Y Avg3.63%

3Y Avg-0.78%

Latest-27.29%

Peer Comparison

Specialized Components

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
GLWCorning Incorporated	80.15B	93.49	161.19	4.21%	9.16%	11.38%	1.22%	0.73
CPSHCPS Technologies Corporation	86.48M	4.81	-21.86	-23.33%	-7.13%	-12.36%		0.01

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	21.76M	15.35M	14.58M	21.58M	21.47M	20.87M	22.45M	26.59M	27.55M	21.12M
Revenue Growth %	-0.06%	-0.29%	-0.05%	0.48%	-0.01%	-0.03%	0.08%	0.18%	0.04%	-0.23%
Cost of Goods Sold+	17.1M	13.2M	12.92M	18.67M	18.93M	16.7M	17.66M	19.29M	20.73M	21.24M
COGS % of Revenue	0.79%	0.86%	0.89%	0.87%	0.88%	0.8%	0.79%	0.73%	0.75%	1.01%
Gross Profit+	4.66M	2.16M	1.66M	2.91M	2.54M	4.17M	4.79M	7.3M	6.83M	-118.64K
Gross Margin %	0.21%	0.14%	0.11%	0.13%	0.12%	0.2%	0.21%	0.27%	0.25%	-0.01%
Gross Profit Growth %	-0.15%	-0.54%	-0.23%	0.76%	-0.13%	0.64%	0.15%	0.52%	-0.07%	-1.02%
Operating Expenses+	4.05M	3.34M	3.61M	3.81M	3.14M	3.26M	4.28M	5.07M	5.13M	4.26M
OpEx % of Revenue	0.19%	0.22%	0.25%	0.18%	0.15%	0.16%	0.19%	0.19%	0.19%	0.2%
Selling, General & Admin	4.05M	3.34M	3.61M	3.81M	3.14M	3.26M	4.28M	5.07M	5.13M	4.26M
SG&A % of Revenue	0.19%	0.22%	0.25%	0.18%	0.15%	0.16%	0.19%	0.19%	0.19%	0.2%
Research & Development	34.97K	0	0	0	0	0	0	0	0	0
R&D % of Revenue	0%	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0
Operating Income+	619.16K	-1.18M	-1.95M	-900.56K	-597.2K	914.24K	512.97K	2.23M	1.7M	-4.38M
Operating Margin %	0.03%	-0.08%	-0.13%	-0.04%	-0.03%	0.04%	0.02%	0.08%	0.06%	-0.21%
Operating Income Growth %	-0.49%	-2.91%	-0.65%	0.54%	0.34%	2.53%	-0.44%	3.36%	-0.24%	-3.58%
EBITDA+	1.16M	-630.32K	-1.38M	-332.4K	-71.42K	1.44M	982.3K	2.68M	2.19M	-3.83M
EBITDA Margin %	0.05%	-0.04%	-0.09%	-0.02%	-0%	0.07%	0.04%	0.1%	0.08%	-0.18%
EBITDA Growth %	-0.35%	-1.54%	-1.2%	0.76%	0.79%	21.23%	-0.32%	1.73%	-0.18%	-2.75%
D&A (Non-Cash Add-back)	545.67K	550.76K	566.79K	568.16K	525.78K	530.42K	469.34K	445.74K	489.1K	547.15K
EBIT	619.16K	-1.18M	-1.94M	-900.56K	-597.2K	914.24K	512.97K	2.23M	1.7M	-4.38M
Net Interest Income+	0	0	0	0	0	-114.82K	-34.89K	-7.95K	225.76K	285.32K
Interest Income	5.69K	51.32K	11.48K	0	0	0	0	0	230.85K	285.32K
Interest Expense	5.69K	51.32K	11.48K	0	0	114.82K	34.89K	7.95K	5.1K	0
Other Income/Expense	5.69K	51.32K	11.48K	-20.98K	-35.55K	-14.72K	-4.07K	653.25K	253.02K	286.98K
Pretax Income+	624.85K	-1.13M	-1.94M	-921.55K	-632.75K	899.52K	508.9K	2.89M	1.95M	-4.09M
Pretax Margin %	0.03%	-0.07%	-0.13%	-0.04%	-0.03%	0.04%	0.02%	0.11%	0.07%	-0.19%
Income Tax+	174.23K	-676.14K	-222.03K	2.78M	5.46K	-8.55K	-2.71M	756.27K	582.09K	-958.5K
Effective Tax Rate %	0.72%	0.4%	0.89%	4.02%	1.01%	1.01%	6.32%	0.74%	0.7%	0.77%
Net Income+	450.62K	-453.62K	-1.72M	-3.71M	-638.2K	908.06K	3.22M	2.13M	1.37M	-3.14M
Net Margin %	0.02%	-0.03%	-0.12%	-0.17%	-0.03%	0.04%	0.14%	0.08%	0.05%	-0.15%
Net Income Growth %	-0.55%	-2.01%	-2.79%	-1.16%	0.83%	2.42%	2.54%	-0.34%	-0.36%	-3.29%
Net Income (Continuing)	450.62K	-453.62K	-1.72M	-3.71M	-638.2K	908.06K	3.22M	2.13M	1.37M	-3.14M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.03	-0.03	-0.13	-0.28	-0.05	0.07	0.22	0.15	0.09	-0.22
EPS Growth %	-0.61%	-2.15%	-2.78%	-1.15%	0.83%	2.41%	2.24%	-0.32%	-0.38%	-3.35%
EPS (Basic)	0.03	-0.03	-0.13	-0.28	-0.05	0.07	0.23	0.15	0.09	-0.22
Diluted Shares Outstanding	13.64M	13.2M	13.2M	13.21M	13.21M	13.35M	14.59M	14.68M	14.63M	14.53M
Basic Shares Outstanding	13.18M	13.2M	13.2M	13.21M	13.21M	13.25M	14.06M	14.42M	14.5M	14.53M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	10.19M	7.43M	6.49M	7.03M	7.47M	6.89M	14.06M	17.82M	18.14M	14.16M
Cash & Short-Term Investments	3.41M	3.41M	1.34M	628.8K	133.97K	195.2K	5.05M	8.27M	8.81M	4.31M
Cash Only	3.41M	3.41M	1.34M	628.8K	133.97K	195.2K	5.05M	8.27M	8.81M	3.28M
Short-Term Investments	0	0	0	0	0	0	0	0	0	1.03M
Accounts Receivable	3.57M	1.96M	2.94M	3.05M	4.09M	2.91M	4.87M	4.46M	4.47M	5.04M
Days Sales Outstanding	59.92	46.59	73.7	51.64	69.49	50.97	79.18	61.28	59.25	87.01
Inventory	2.63M	1.97M	2.11M	3.19M	3.1M	3.71M	3.91M	4.88M	4.58M	4.33M
Days Inventory Outstanding	56.2	54.52	59.6	62.43	59.78	81.06	80.85	92.28	80.69	74.42
Other Current Assets	0	0	0	0	0	0	0	211.24K	276.35K	0
Total Non-Current Assets+	3.37M	4.61M	4.53M	1.46M	1.56M	1.42M	4.74M	3.86M	3.46M	4.72M
Property, Plant & Equipment	1.69M	1.78M	1.49M	1.27M	1.41M	1.31M	1.92M	1.79M	1.89M	2.19M
Fixed Asset Turnover	12.89x	8.61x	9.78x	16.95x	15.25x	15.90x	11.70x	14.83x	14.59x	9.65x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	0	0	0	0	147.87K	0	0	0	0	0
Total Assets+	13.56M	12.04M	11.02M	8.49M	9.02M	8.31M	18.8M	21.68M	21.6M	18.88M
Asset Turnover	1.60x	1.28x	1.32x	2.54x	2.38x	2.51x	1.19x	1.23x	1.28x	1.12x
Asset Growth %	0.07%	-0.11%	-0.08%	-0.23%	0.06%	-0.08%	1.26%	0.15%	-0%	-0.13%
Total Current Liabilities+	2.55M	1.29M	1.7M	2.66M	3.67M	1.81M	5.1M	5.38M	4.07M	4.31M
Accounts Payable	1.62M	662.48K	946.38K	1.68M	1.44M	909.29K	2.1M	1.84M	2.54M	3.05M
Days Payables Outstanding	34.64	18.32	26.74	32.85	27.7	19.87	43.41	34.76	44.65	52.47
Short-Term Debt	0	0	0	0	1.25M	58.13K	55.91K	43.71K	46.8K	8.13K
Deferred Revenue (Current)	0	0	100K	0	0	12.18K	1000K	1000K	251.75K	172.43K
Other Current Liabilities	0	0	0	0	21.11K	0	0	0	0	0
Current Ratio	3.99x	5.77x	3.82x	2.65x	2.03x	3.81x	2.75x	3.31x	4.46x	3.29x
Quick Ratio	2.96x	4.24x	2.58x	1.45x	1.19x	1.76x	1.99x	2.41x	3.33x	2.28x
Cash Conversion Cycle	81.48	82.79	106.56	81.21	101.56	112.16	116.62	118.8	95.3	108.96
Total Non-Current Liabilities+	0	0	0	0	23K	154.57K	529.68K	594.87K	211.37K	57.28K
Long-Term Debt	0	0	0	0	0	154.57K	98.68K	54.85K	8.09K	0
Capital Lease Obligations	0	0	0	0	23K	0	431K	309K	172K	26K
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	0	0	0	0	0	0	0	0	0
Total Liabilities	2.55M	1.29M	1.7M	2.66M	3.69M	1.96M	5.63M	5.97M	4.28M	4.36M
Total Debt+	0	0	0	0	1.42M	237.7K	740.59K	564.56K	386.89K	194.13K
Net Debt	-3.41M	-3.41M	-1.34M	-628.8K	1.29M	42.5K	-4.31M	-7.7M	-8.43M	-3.09M
Debt / Equity	-	-	-	-	0.27x	0.04x	0.06x	0.04x	0.02x	0.01x
Debt / EBITDA	-	-	-	-	-	0.16x	0.75x	0.21x	0.18x	-
Net Debt / EBITDA	-2.93x	-	-	-	-	0.03x	-4.39x	-2.87x	-3.85x	-
Interest Coverage	108.74x	-23.01x	-170.03x	-	-	7.96x	14.70x	280.95x	333.47x	-
Total Equity+	11.01M	10.75M	9.32M	5.84M	5.33M	6.35M	13.17M	15.71M	17.32M	14.51M
Equity Growth %	0.07%	-0.02%	-0.13%	-0.37%	-0.09%	0.19%	1.07%	0.19%	0.1%	-0.16%
Book Value per Share	0.81	0.81	0.71	0.44	0.40	0.48	0.90	1.07	1.18	1.00
Total Shareholders' Equity	11.01M	10.75M	9.32M	5.84M	5.33M	6.35M	13.17M	15.71M	17.32M	14.51M
Common Stock	134.12K	134.24K	134.24K	134.26K	134.28K	137.46K	143.51K	144.6K	146.01K	146.62K
Retained Earnings	-23.86M	-24.32M	-26.04M	-29.74M	-30.38M	-29.47M	-26.26M	-24.13M	-22.75M	-25.89M
Treasury Stock	-507.05K	-517.05K	-517.05K	-517.05K	-517.05K	-996.32K	-2.52K	-40.85K	-250.14K	-340.14K
Accumulated OCI	-8.59M	-8.72M	-9.29M	-9.72M	0	0	0	0	0	15.5K
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	1.56M	596.3K	-1.79M	-373.56K	-1.26M	1.67M	2.01M	3.55M	1.27M	-3.48M
Operating CF Margin %	0.07%	0.04%	-0.12%	-0.02%	-0.06%	0.08%	0.09%	0.13%	0.05%	-0.16%
Operating CF Growth %	0.21%	-0.62%	-4.01%	0.79%	-2.38%	2.32%	0.2%	0.77%	-0.64%	-3.74%
Net Income	450.62K	-453.62K	-1.72M	-3.71M	-638.2K	908.06K	3.22M	2.13M	1.37M	-3.14M
Depreciation & Amortization	545.67K	550.76K	566.79K	568.16K	525.78K	530.42K	469.34K	445.74K	489.1K	547.15K
Stock-Based Compensation	283.51K	193.12K	287.23K	220.65K	133.67K	117.84K	174.12K	250.36K	204.8K	310.09K
Deferred Taxes	-26.35K	-673.78K	-211.32K	2.85M	38.87K	30.87K	-2.71M	754.54K	499.71K	-958.96K
Other Non-Cash Items	176.06K	-42.81K	0	-13.64K	-6.95K	-11K	-2.05K	-3.4K	0	0
Working Capital Changes	127.69K	1.02M	-719.53K	-294.69K	-1.32M	91.64K	856.54K	-27.24K	-1.3M	-239.26K
Change in Receivables	16.71K	1.61M	-983.77K	-109.72K	-1.03M	1.17M	-1.96M	406.38K	-8.7K	-562.93K
Change in Inventory	-103.49K	661.48K	-138.55K	-1.08M	93.11K	-609.65K	-202.13K	-964.3K	293.97K	250.86K
Change in Payables	270.15K	-960.08K	283.9K	733.88K	-243.85K	-527.13K	1.19M	-263.39K	698.22K	518.63K
Cash from Investing+	-476.68K	-605.84K	-273.66K	-337.21K	-482.53K	-311.99K	-512.27K	-436.37K	-718.27K	-2.01M
Capital Expenditures	-476.68K	-645.84K	-273.66K	-350.85K	-489.48K	-322.99K	-514.32K	-439.77K	-718.27K	-994.26K
CapEx % of Revenue	0.02%	0.04%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.03%	0.05%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	0	0	0	0	0	0	0	0	0
Cash from Financing+	26.55K	4.65K	0	-900K	1.25M	-1.29M	3.36M	101.41K	-2.31K	-46.76K
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	26.35K	2.81K	0	-900K	0	0	11.23K	0	0	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	1.08M	-49.54K	-2.07M	-724.41K	-1.75M	1.34M	1.49M	3.11M	549.18K	-4.47M
FCF Margin %	0.05%	-0%	-0.14%	-0.03%	-0.08%	0.06%	0.07%	0.12%	0.02%	-0.21%
FCF Growth %	0.38%	-1.05%	-40.75%	0.65%	-1.42%	1.77%	0.11%	1.08%	-0.82%	-9.14%
FCF per Share	0.08	-0.00	-0.16	-0.05	-0.13	0.10	0.10	0.21	0.04	-0.31
FCF Conversion (FCF/Net Income)	3.46x	-1.31x	1.04x	0.10x	1.98x	1.84x	0.62x	1.67x	0.92x	1.11x
Interest Paid	0	0	0	34.79K	0	0	35.23K	7.95K	5.1K	2.18K
Taxes Paid	12.01K	436	436	436	0	0	456	456	111.46K	432

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	4.24%	-4.17%	-17.12%	-48.9%	-11.43%	15.55%	32.96%	14.76%	8.3%	-19.7%
Return on Invested Capital (ROIC)	5.98%	-11.86%	-19.1%	-10.24%	-7.58%	10.54%	5.05%	19.88%	15.08%	-32.34%
Gross Margin	21.44%	14.04%	11.37%	13.5%	11.83%	19.98%	21.34%	27.46%	24.77%	-0.56%
Net Margin	2.07%	-2.96%	-11.78%	-17.17%	-2.97%	4.35%	14.33%	8.02%	4.97%	-14.84%
Debt / Equity	-	-	-	-	0.27x	0.04x	0.06x	0.04x	0.02x	0.01x
Interest Coverage	108.74x	-23.01x	-170.03x	-	-	7.96x	14.70x	280.95x	333.47x	-
FCF Conversion	3.46x	-1.31x	1.04x	0.10x	1.98x	1.84x	0.62x	1.67x	0.92x	1.11x
Revenue Growth	-5.95%	-29.46%	-5.04%	48.05%	-0.52%	-2.78%	7.55%	18.43%	3.62%	-23.33%

Frequently Asked Questions

Growth & Financials

CPS Technologies Corporation (CPSH) reported $25.8M in revenue for fiscal year 2024. This represents a 30% increase from $19.8M in 2011.

CPS Technologies Corporation (CPSH) saw revenue decline by 23.3% over the past year.

CPS Technologies Corporation (CPSH) reported a net loss of $1.8M for fiscal year 2024.

Dividend & Returns

CPS Technologies Corporation (CPSH) has a return on equity (ROE) of -19.7%. Negative ROE indicates the company is unprofitable.

CPS Technologies Corporation (CPSH) had negative free cash flow of $3.6M in fiscal year 2024, likely due to heavy capital investments.

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CPS Technologies Corporation (CPSH) 10-Year Financial Performance & Capital Metrics

CPSH • • Industrial / General

TechnologyTech Hardware & EquipmentElectronic Components & ConnectorsSpecialized Components

Revenue $21M -23.3%
EBITDA -$4M -275.2%
Net Income -$3M -328.8%
EPS (Diluted) -0.22 -334.8%
Gross Margin -0.56% -102.3%
EBITDA Margin -18.15% -328.5%
Operating Margin -20.74% -436.2%
Net Margin -14.84% -398.4%
ROE -19.7% -337.4%
ROIC -32.34% -314.4%
Debt/Equity 0.01 -40.1%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Momentum leader: RS Rating 91 (top 9%)
✓Efficient asset utilization: 1.1x turnover

✗Weaknesses

✗Weak 3Y average ROE of 1.1%
✗Weak Piotroski F-Score: 2/9
✗Negative free cash flow

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-0.91%

5Y-0.32%

3Y-2.01%

TTM7.47%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-133.61%

EPS CAGR

10Y-

5Y-

3Y-

TTM-132.72%

ROCE

10Y Avg-2.89%

5Y Avg3.63%

3Y Avg-0.78%

Latest-27.29%

Peer Comparison

Specialized Components

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
GLWCorning Incorporated	80.15B	93.49	161.19	4.21%	9.16%	11.38%	1.22%	0.73
CPSHCPS Technologies Corporation	86.48M	4.81	-21.86	-23.33%	-7.13%	-12.36%		0.01

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	21.76M	15.35M	14.58M	21.58M	21.47M	20.87M	22.45M	26.59M	27.55M	21.12M
Revenue Growth %	-0.06%	-0.29%	-0.05%	0.48%	-0.01%	-0.03%	0.08%	0.18%	0.04%	-0.23%
Cost of Goods Sold+	17.1M	13.2M	12.92M	18.67M	18.93M	16.7M	17.66M	19.29M	20.73M	21.24M
COGS % of Revenue	0.79%	0.86%	0.89%	0.87%	0.88%	0.8%	0.79%	0.73%	0.75%	1.01%
Gross Profit+	4.66M	2.16M	1.66M	2.91M	2.54M	4.17M	4.79M	7.3M	6.83M	-118.64K
Gross Margin %	0.21%	0.14%	0.11%	0.13%	0.12%	0.2%	0.21%	0.27%	0.25%	-0.01%
Gross Profit Growth %	-0.15%	-0.54%	-0.23%	0.76%	-0.13%	0.64%	0.15%	0.52%	-0.07%	-1.02%
Operating Expenses+	4.05M	3.34M	3.61M	3.81M	3.14M	3.26M	4.28M	5.07M	5.13M	4.26M
OpEx % of Revenue	0.19%	0.22%	0.25%	0.18%	0.15%	0.16%	0.19%	0.19%	0.19%	0.2%
Selling, General & Admin	4.05M	3.34M	3.61M	3.81M	3.14M	3.26M	4.28M	5.07M	5.13M	4.26M
SG&A % of Revenue	0.19%	0.22%	0.25%	0.18%	0.15%	0.16%	0.19%	0.19%	0.19%	0.2%
Research & Development	34.97K	0	0	0	0	0	0	0	0	0
R&D % of Revenue	0%	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0
Operating Income+	619.16K	-1.18M	-1.95M	-900.56K	-597.2K	914.24K	512.97K	2.23M	1.7M	-4.38M
Operating Margin %	0.03%	-0.08%	-0.13%	-0.04%	-0.03%	0.04%	0.02%	0.08%	0.06%	-0.21%
Operating Income Growth %	-0.49%	-2.91%	-0.65%	0.54%	0.34%	2.53%	-0.44%	3.36%	-0.24%	-3.58%
EBITDA+	1.16M	-630.32K	-1.38M	-332.4K	-71.42K	1.44M	982.3K	2.68M	2.19M	-3.83M
EBITDA Margin %	0.05%	-0.04%	-0.09%	-0.02%	-0%	0.07%	0.04%	0.1%	0.08%	-0.18%
EBITDA Growth %	-0.35%	-1.54%	-1.2%	0.76%	0.79%	21.23%	-0.32%	1.73%	-0.18%	-2.75%
D&A (Non-Cash Add-back)	545.67K	550.76K	566.79K	568.16K	525.78K	530.42K	469.34K	445.74K	489.1K	547.15K
EBIT	619.16K	-1.18M	-1.94M	-900.56K	-597.2K	914.24K	512.97K	2.23M	1.7M	-4.38M
Net Interest Income+	0	0	0	0	0	-114.82K	-34.89K	-7.95K	225.76K	285.32K
Interest Income	5.69K	51.32K	11.48K	0	0	0	0	0	230.85K	285.32K
Interest Expense	5.69K	51.32K	11.48K	0	0	114.82K	34.89K	7.95K	5.1K	0
Other Income/Expense	5.69K	51.32K	11.48K	-20.98K	-35.55K	-14.72K	-4.07K	653.25K	253.02K	286.98K
Pretax Income+	624.85K	-1.13M	-1.94M	-921.55K	-632.75K	899.52K	508.9K	2.89M	1.95M	-4.09M
Pretax Margin %	0.03%	-0.07%	-0.13%	-0.04%	-0.03%	0.04%	0.02%	0.11%	0.07%	-0.19%
Income Tax+	174.23K	-676.14K	-222.03K	2.78M	5.46K	-8.55K	-2.71M	756.27K	582.09K	-958.5K
Effective Tax Rate %	0.72%	0.4%	0.89%	4.02%	1.01%	1.01%	6.32%	0.74%	0.7%	0.77%
Net Income+	450.62K	-453.62K	-1.72M	-3.71M	-638.2K	908.06K	3.22M	2.13M	1.37M	-3.14M
Net Margin %	0.02%	-0.03%	-0.12%	-0.17%	-0.03%	0.04%	0.14%	0.08%	0.05%	-0.15%
Net Income Growth %	-0.55%	-2.01%	-2.79%	-1.16%	0.83%	2.42%	2.54%	-0.34%	-0.36%	-3.29%
Net Income (Continuing)	450.62K	-453.62K	-1.72M	-3.71M	-638.2K	908.06K	3.22M	2.13M	1.37M	-3.14M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.03	-0.03	-0.13	-0.28	-0.05	0.07	0.22	0.15	0.09	-0.22
EPS Growth %	-0.61%	-2.15%	-2.78%	-1.15%	0.83%	2.41%	2.24%	-0.32%	-0.38%	-3.35%
EPS (Basic)	0.03	-0.03	-0.13	-0.28	-0.05	0.07	0.23	0.15	0.09	-0.22
Diluted Shares Outstanding	13.64M	13.2M	13.2M	13.21M	13.21M	13.35M	14.59M	14.68M	14.63M	14.53M
Basic Shares Outstanding	13.18M	13.2M	13.2M	13.21M	13.21M	13.25M	14.06M	14.42M	14.5M	14.53M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	10.19M	7.43M	6.49M	7.03M	7.47M	6.89M	14.06M	17.82M	18.14M	14.16M
Cash & Short-Term Investments	3.41M	3.41M	1.34M	628.8K	133.97K	195.2K	5.05M	8.27M	8.81M	4.31M
Cash Only	3.41M	3.41M	1.34M	628.8K	133.97K	195.2K	5.05M	8.27M	8.81M	3.28M
Short-Term Investments	0	0	0	0	0	0	0	0	0	1.03M
Accounts Receivable	3.57M	1.96M	2.94M	3.05M	4.09M	2.91M	4.87M	4.46M	4.47M	5.04M
Days Sales Outstanding	59.92	46.59	73.7	51.64	69.49	50.97	79.18	61.28	59.25	87.01
Inventory	2.63M	1.97M	2.11M	3.19M	3.1M	3.71M	3.91M	4.88M	4.58M	4.33M
Days Inventory Outstanding	56.2	54.52	59.6	62.43	59.78	81.06	80.85	92.28	80.69	74.42
Other Current Assets	0	0	0	0	0	0	0	211.24K	276.35K	0
Total Non-Current Assets+	3.37M	4.61M	4.53M	1.46M	1.56M	1.42M	4.74M	3.86M	3.46M	4.72M
Property, Plant & Equipment	1.69M	1.78M	1.49M	1.27M	1.41M	1.31M	1.92M	1.79M	1.89M	2.19M
Fixed Asset Turnover	12.89x	8.61x	9.78x	16.95x	15.25x	15.90x	11.70x	14.83x	14.59x	9.65x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	0	0	0	0	147.87K	0	0	0	0	0
Total Assets+	13.56M	12.04M	11.02M	8.49M	9.02M	8.31M	18.8M	21.68M	21.6M	18.88M
Asset Turnover	1.60x	1.28x	1.32x	2.54x	2.38x	2.51x	1.19x	1.23x	1.28x	1.12x
Asset Growth %	0.07%	-0.11%	-0.08%	-0.23%	0.06%	-0.08%	1.26%	0.15%	-0%	-0.13%
Total Current Liabilities+	2.55M	1.29M	1.7M	2.66M	3.67M	1.81M	5.1M	5.38M	4.07M	4.31M
Accounts Payable	1.62M	662.48K	946.38K	1.68M	1.44M	909.29K	2.1M	1.84M	2.54M	3.05M
Days Payables Outstanding	34.64	18.32	26.74	32.85	27.7	19.87	43.41	34.76	44.65	52.47
Short-Term Debt	0	0	0	0	1.25M	58.13K	55.91K	43.71K	46.8K	8.13K
Deferred Revenue (Current)	0	0	100K	0	0	12.18K	1000K	1000K	251.75K	172.43K
Other Current Liabilities	0	0	0	0	21.11K	0	0	0	0	0
Current Ratio	3.99x	5.77x	3.82x	2.65x	2.03x	3.81x	2.75x	3.31x	4.46x	3.29x
Quick Ratio	2.96x	4.24x	2.58x	1.45x	1.19x	1.76x	1.99x	2.41x	3.33x	2.28x
Cash Conversion Cycle	81.48	82.79	106.56	81.21	101.56	112.16	116.62	118.8	95.3	108.96
Total Non-Current Liabilities+	0	0	0	0	23K	154.57K	529.68K	594.87K	211.37K	57.28K
Long-Term Debt	0	0	0	0	0	154.57K	98.68K	54.85K	8.09K	0
Capital Lease Obligations	0	0	0	0	23K	0	431K	309K	172K	26K
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	0	0	0	0	0	0	0	0	0
Total Liabilities	2.55M	1.29M	1.7M	2.66M	3.69M	1.96M	5.63M	5.97M	4.28M	4.36M
Total Debt+	0	0	0	0	1.42M	237.7K	740.59K	564.56K	386.89K	194.13K
Net Debt	-3.41M	-3.41M	-1.34M	-628.8K	1.29M	42.5K	-4.31M	-7.7M	-8.43M	-3.09M
Debt / Equity	-	-	-	-	0.27x	0.04x	0.06x	0.04x	0.02x	0.01x
Debt / EBITDA	-	-	-	-	-	0.16x	0.75x	0.21x	0.18x	-
Net Debt / EBITDA	-2.93x	-	-	-	-	0.03x	-4.39x	-2.87x	-3.85x	-
Interest Coverage	108.74x	-23.01x	-170.03x	-	-	7.96x	14.70x	280.95x	333.47x	-
Total Equity+	11.01M	10.75M	9.32M	5.84M	5.33M	6.35M	13.17M	15.71M	17.32M	14.51M
Equity Growth %	0.07%	-0.02%	-0.13%	-0.37%	-0.09%	0.19%	1.07%	0.19%	0.1%	-0.16%
Book Value per Share	0.81	0.81	0.71	0.44	0.40	0.48	0.90	1.07	1.18	1.00
Total Shareholders' Equity	11.01M	10.75M	9.32M	5.84M	5.33M	6.35M	13.17M	15.71M	17.32M	14.51M
Common Stock	134.12K	134.24K	134.24K	134.26K	134.28K	137.46K	143.51K	144.6K	146.01K	146.62K
Retained Earnings	-23.86M	-24.32M	-26.04M	-29.74M	-30.38M	-29.47M	-26.26M	-24.13M	-22.75M	-25.89M
Treasury Stock	-507.05K	-517.05K	-517.05K	-517.05K	-517.05K	-996.32K	-2.52K	-40.85K	-250.14K	-340.14K
Accumulated OCI	-8.59M	-8.72M	-9.29M	-9.72M	0	0	0	0	0	15.5K
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	1.56M	596.3K	-1.79M	-373.56K	-1.26M	1.67M	2.01M	3.55M	1.27M	-3.48M
Operating CF Margin %	0.07%	0.04%	-0.12%	-0.02%	-0.06%	0.08%	0.09%	0.13%	0.05%	-0.16%
Operating CF Growth %	0.21%	-0.62%	-4.01%	0.79%	-2.38%	2.32%	0.2%	0.77%	-0.64%	-3.74%
Net Income	450.62K	-453.62K	-1.72M	-3.71M	-638.2K	908.06K	3.22M	2.13M	1.37M	-3.14M
Depreciation & Amortization	545.67K	550.76K	566.79K	568.16K	525.78K	530.42K	469.34K	445.74K	489.1K	547.15K
Stock-Based Compensation	283.51K	193.12K	287.23K	220.65K	133.67K	117.84K	174.12K	250.36K	204.8K	310.09K
Deferred Taxes	-26.35K	-673.78K	-211.32K	2.85M	38.87K	30.87K	-2.71M	754.54K	499.71K	-958.96K
Other Non-Cash Items	176.06K	-42.81K	0	-13.64K	-6.95K	-11K	-2.05K	-3.4K	0	0
Working Capital Changes	127.69K	1.02M	-719.53K	-294.69K	-1.32M	91.64K	856.54K	-27.24K	-1.3M	-239.26K
Change in Receivables	16.71K	1.61M	-983.77K	-109.72K	-1.03M	1.17M	-1.96M	406.38K	-8.7K	-562.93K
Change in Inventory	-103.49K	661.48K	-138.55K	-1.08M	93.11K	-609.65K	-202.13K	-964.3K	293.97K	250.86K
Change in Payables	270.15K	-960.08K	283.9K	733.88K	-243.85K	-527.13K	1.19M	-263.39K	698.22K	518.63K
Cash from Investing+	-476.68K	-605.84K	-273.66K	-337.21K	-482.53K	-311.99K	-512.27K	-436.37K	-718.27K	-2.01M
Capital Expenditures	-476.68K	-645.84K	-273.66K	-350.85K	-489.48K	-322.99K	-514.32K	-439.77K	-718.27K	-994.26K
CapEx % of Revenue	0.02%	0.04%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.03%	0.05%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	0	0	0	0	0	0	0	0	0
Cash from Financing+	26.55K	4.65K	0	-900K	1.25M	-1.29M	3.36M	101.41K	-2.31K	-46.76K
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	26.35K	2.81K	0	-900K	0	0	11.23K	0	0	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	1.08M	-49.54K	-2.07M	-724.41K	-1.75M	1.34M	1.49M	3.11M	549.18K	-4.47M
FCF Margin %	0.05%	-0%	-0.14%	-0.03%	-0.08%	0.06%	0.07%	0.12%	0.02%	-0.21%
FCF Growth %	0.38%	-1.05%	-40.75%	0.65%	-1.42%	1.77%	0.11%	1.08%	-0.82%	-9.14%
FCF per Share	0.08	-0.00	-0.16	-0.05	-0.13	0.10	0.10	0.21	0.04	-0.31
FCF Conversion (FCF/Net Income)	3.46x	-1.31x	1.04x	0.10x	1.98x	1.84x	0.62x	1.67x	0.92x	1.11x
Interest Paid	0	0	0	34.79K	0	0	35.23K	7.95K	5.1K	2.18K
Taxes Paid	12.01K	436	436	436	0	0	456	456	111.46K	432

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	4.24%	-4.17%	-17.12%	-48.9%	-11.43%	15.55%	32.96%	14.76%	8.3%	-19.7%
Return on Invested Capital (ROIC)	5.98%	-11.86%	-19.1%	-10.24%	-7.58%	10.54%	5.05%	19.88%	15.08%	-32.34%
Gross Margin	21.44%	14.04%	11.37%	13.5%	11.83%	19.98%	21.34%	27.46%	24.77%	-0.56%
Net Margin	2.07%	-2.96%	-11.78%	-17.17%	-2.97%	4.35%	14.33%	8.02%	4.97%	-14.84%
Debt / Equity	-	-	-	-	0.27x	0.04x	0.06x	0.04x	0.02x	0.01x
Interest Coverage	108.74x	-23.01x	-170.03x	-	-	7.96x	14.70x	280.95x	333.47x	-
FCF Conversion	3.46x	-1.31x	1.04x	0.10x	1.98x	1.84x	0.62x	1.67x	0.92x	1.11x
Revenue Growth	-5.95%	-29.46%	-5.04%	48.05%	-0.52%	-2.78%	7.55%	18.43%	3.62%	-23.33%

Frequently Asked Questions

Growth & Financials

CPS Technologies Corporation (CPSH) reported $25.8M in revenue for fiscal year 2024. This represents a 30% increase from $19.8M in 2011.

CPS Technologies Corporation (CPSH) saw revenue decline by 23.3% over the past year.

CPS Technologies Corporation (CPSH) reported a net loss of $1.8M for fiscal year 2024.

Dividend & Returns

CPS Technologies Corporation (CPSH) has a return on equity (ROE) of -19.7%. Negative ROE indicates the company is unprofitable.

CPS Technologies Corporation (CPSH) had negative free cash flow of $3.6M in fiscal year 2024, likely due to heavy capital investments.