MPTI (MPTI) financial statements
MPTI reported revenue of $54M in fiscal 2025, up 19.5% a year over 4 years.
Net income was $8M and the operating margin 18.9%, against 7.9% in 2021.
Free cash flow was $8M.
The diluted share count rose 21% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from MPTI's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $27M | $32M | $41M | $49M | $54M |
| Research and development | $2M | $2M | $2M | $3M | $3M |
| Operating income | $2M | $3M | $4M | $9M | $10M |
| Pre-tax income | $2M | $3M | $4M | $10M | $11M |
| Income tax | $531,000 | $797,000 | $911,000 | $2M | $3M |
| Net income | $2M | $2M | $3M | $8M | $8M |
| EPS (diluted) | $0.59 | $0.67 | $1.28 | $2.65 | $2.62 |
| Diluted shares | 3M | 3M | 3M | 3M | 3M |
| Operating margin | 7.9% | 9.0% | 10.4% | 19.2% | 18.9% |
| Net margin | 5.9% | 5.6% | 8.5% | 15.6% | 15.5% |
Balance sheet
Fiscal years, from MPTI's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash and short-term investments | $3M | $926,000 | $4M | $13M | $21M |
| Receivables | $4M | $5M | $5M | $7M | $7M |
| Inventory | $5M | $8M | $9M | $10M | $10M |
| Total current assets | $12M | $14M | $18M | $30M | $61M |
| Property, plant and equipment | $3M | $4M | $4M | $5M | $7M |
| Goodwill | $40,000 | $40,000 | $40,000 | — | — |
| Total assets | $20M | $19M | $24M | $37M | $68M |
| Total current liabilities | $3M | $5M | $4M | $5M | $5M |
| Long-term debt | $145,000 | $76,000 | — | — | — |
| Total liabilities | $3M | $5M | $4M | $5M | $5M |
| Shareholders' equity | $17M | $14M | $20M | $31M | $63M |
| Net debt | -$2M | -$850,000 | -$4M | -$13M | -$21M |
Cash flow
Fiscal years, from MPTI's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating cash flow | $3M | $2M | $4M | $8M | $11M |
| Capital spending | $1M | $936,000 | $1M | $2M | $3M |
| Free cash flow | $2M | $1M | $3M | $6M | $8M |
| Stock-based compensation | $292,000 | $458,000 | $2M | $636,000 | $1M |
| Free cash flow margin | 7.0% | 3.5% | 7.6% | 11.5% | 14.9% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for MPTI.
Open MPTI in InvestinglyQuestions
What was MPTI's revenue in 2025?
$54M in fiscal 2025, from its 10-K filing.
How much free cash flow does MPTI generate?
$8M in fiscal 2025 (operating cash flow minus capital spending).
From MPTI's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.