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Asset logo for symbol RCMT
RCM Technologies
RCMT78
$22.57arrow_drop_down0.44%-$0.10
High Growth
Asset logo for symbol RCMT
RCMT78

$22.57

arrow_drop_down0.44%

Income Statement (RCMT)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
EBIT$4.25M$5.81M$5.83M$7.80M$4.10M
EBITDA$4.65M$6.19M$6.16M$8.35M$4.61M
gross Profit$17.84M$19.62M$20.03M$21.30M$17.28M
NET Income$2.74M$3.76M$3.95M$5.25M$3.75M
total Revenue$60.36M$69.16M$71.93M$71.02M$58.04M

Balance Sheet (RCMT)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
cash Equivalents-----
net Debt$34.83M$26.15M$23.43M$27.71M$9.61M
stockholders Equity$30.04M$28.45M$29.39M$25.79M$21.37M
total Assets$125.54M$118.27M$120.48M$120.48M$101.21M
total Debt$37.99M$29.63M$25.53M$33.99M$10.27M
total Liabilities$95.50M$89.82M$91.08M$94.69M$79.83M

Cash Flow (RCMT)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
financing Cash Flow$4.37M-$3.79M-$9.71M$22.70M-$11.34M
free Cash Flow-$4.86M$5.32M$5.75M-$17.12M$10.72M
investing Cash Flow-----
operating Cash Flow-$4.34M$5.72M$6.42M-$15.06M$11.03M

RCM Technologies (RCMT) Financials

The financial statements of RCM Technologies Inc (RCMT) provide insights into the company's performance and financial health. Looking at the income statement, we can see the revenue and expenses incurred by the company during a specific period. The gross profit represents the revenue remaining after deducting the cost of goods sold. EBIT (Earnings Before Interest and Taxes) reflects the operating profit of the company before deducting interest and taxes. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is an even more comprehensive measure, as it adds back non-cash expenses like depreciation and amortization. Net income from stockholders reveals the profit remaining after all expenses, including interest and taxes, have been deducted.
Examining the balance sheet, we can evaluate the company's financial position at a specific point in time. Total assets represent the company's resources, including cash and equivalents, investments, property, and equipment. Total liabilities, on the other hand, encompass the company's obligations, such as debt and accounts payable. Stockholders' equity represents the shareholders' residual interest in the company. Net debt shows the company's overall debt level, taking into account its cash and equivalents. It can provide insights into the company's ability to manage its debt obligations.
Cash flow analysis is crucial in assessing the company's ability to generate and use cash. Operating cash flow represents the cash generated or used by the company's core operations. Investing cash flow reflects cash flows related to investments in property, plant, and equipment or acquisitions. Financing cash flow shows cash flows from activities such as raising capital or repurchasing shares. Free cash flow provides an indication of the cash available for the company to invest in growth or distribute to shareholders.
Overall, understanding the financial statements and financial health of RCM Technologies Inc (RCMT) is vital for investors, creditors, and other stakeholders to assess the company's performance, profitability, and ability to meet its obligations. The various financial metrics provide a comprehensive overview of the company's financial position and performance, enabling informed decision-making.
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