RFIL Earnings Prediction
The chart below shows how RFIL performed 10 days before and after its earnings report, based on data from the past quarters. Typically, RFIL sees a +0.75% change in stock price 10 days leading up to the earnings, and a -4.32% change 10 days following the report. On the earnings day itself, the stock moves by +0.80%. This data can give you a slight idea of what to expect for the next quarter's release.
RFIL Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
18.45M
16.25%
9.60%
Gross Margin
31.34%
10.39%
6.35%
Operating Margin
0.52%
108.20%
-120.88%
Net Margin
-1.29%
-75.98%
-69.21%
EPS
-0.02
-75.00%
-71.43%
No Data Available
RFIL Earnings Analysis
RF Industries Ltd Corporation (RFIL.O) Earnings Conference Call
Positive
Quarterly Net Sales Increase: Fourth quarter net sales reached $18.5 million, a 16% increase from $15.9 million in the same quarter last year, and a 10% sequential increase from $16.8 million in the third quarter.
Gross Profit Margin Improvement: Gross profit margin for the fourth quarter improved to 31.3%, up 290 basis points from 28.4% year-over-year, reflecting effective cost savings and operational efficiencies.
Operating Profit Turnaround: The company achieved an operating profit of $96,000 in the fourth quarter, a significant turnaround from an operating loss of $1.1 million in the same period last year.
Q4 Adjusted EBITDA Improvement: Adjusted EBITDA for the fourth quarter was $908,000, compared to a negative adjusted EBITDA of $108,000 for Q4 2023, indicating a strong focus on profitability.
Borrowings Reduction Achieved: Outstanding borrowings were reduced to approximately $8 million, down from $14.1 million at the end of the previous fiscal year, demonstrating improved financial strength and capital management.
Negative
Sales Decline Analysis: Full fiscal year sales decreased by $7.3 million or 10% to $64.9 million, indicating a significant decline in overall revenue compared to the previous year.
Quarterly Financial Challenges: Despite a fourth quarter operating profit of $96,000, the company reported a net loss of $238,000 for the quarter, reflecting ongoing financial challenges.
Severe Profitability Decline: Adjusted EBITDA for the full fiscal year was only $838,000, a stark contrast to the previous year's adjusted EBITDA of $460 million, highlighting a severe drop in profitability.
Backlog Decrease Impacts Revenue: The backlog decreased from $19.5 million to $14.9 million, suggesting potential future revenue challenges as order fulfillment may not keep pace with sales expectations.
Profitability Challenges Ahead: Increasing costs outside of the company's control, such as wage pressures and escalating insurance expenses, are expected to impact profitability moving forward.
