HomeCVU • NYSEAMERICAN
CPI Aerostructures, Inc.
$2.58
Apr 19, 11:48:30 AM GMT-4 · USD · NYSEAMERICAN · Disclaimer
StockUS listed securityUS headquartered
Previous close
$2.70
Day range
$2.52 - $2.66
Year range
$2.15 - $4.34
Market cap
33.16M USD
Avg Volume
74.83K
P/E ratio
1.87
Dividend yield
-
Market news
Financials
Income Statement
Revenue
Net income
(USD)Dec 2023Y/Y change
Revenue
23.50M-2.39%
Operating expense
2.55M-26.53%
Net income
14.76M116.01%
Net profit margin
62.80121.28%
Earnings per share
EBITDA
1.66M268.33%
Effective tax rate
-1,528.73%
Total assets
Total liabilities
(USD)Dec 2023Y/Y change
Cash and short-term investments
5.09M32.43%
Total assets
74.36M25.09%
Total liabilities
52.28M-5.38%
Total equity
22.08M
Shares outstanding
12.85M
Price to book
1.56
Return on assets
5.78%
Return on capital
9.53%
Net change in cash
(USD)Dec 2023Y/Y change
Net income
14.76M116.01%
Cash from operations
3.09M2,156.25%
Cash from investing
-47.50K-206.98%
Cash from financing
-555.62K38.37%
Net change in cash
2.49M418.54%
Free cash flow
3.01M724.94%
About
CPI Aerostructures Inc., known as CPI Aero, is a contract aircraft component manufacturer based in Edgewood, New York. CPI's primary customers are the US Department of Defense, and also operating as a subcontractor under Boeing and Northrop Grumman. CPI is traded on NYSE American as CVU. The company has approximately 280 employees and hires temporary employees as needed. The CEO is Douglas J. McCrosson. After Vincent Palazzolo resigned in November 2019 in a cloud of financial problems, Dan Azmon was announced as CFO on November 19, 2019. Azmon resigned in February 2020 and the company announced it would restate its books going back to March 2018. In 2018, CPI Aero reported $83.9 million in gross revenue, $18.1 million in gross profit, and net income of $2.2 million. Approximately half that was in government subcontracts, another 40% in commercial contracts, and the remainder under prime government contracts. Wikipedia
Founded
Jan 1980
Employees
208
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