Revenue Performance - Record annual revenue of $145.8 million, up 24.4% from the prior year[12] - Fiscal 2025 fourth quarter revenue rose by 35.6% to $29.3 million from $21.6 million in the same quarter last year[7] - Revenue for the fiscal 2026 first quarter is expected to be approximately $38-$40 million, pending outbound shipping port conditions[6] Profitability - Gross profit for fiscal 2025 fourth quarter advanced by nearly 250% to $5.2 million, with a gross margin increase to 17.9% from 7.0%[8] - Operating income improved to $434,000 for the fiscal 2025 fourth quarter, compared to an operating loss of $3.0 million a year ago[10] - Net loss reduced to $144,000, or $0.01 per share, for the fiscal 2025 fourth quarter, down from a net loss of $3.1 million, or $0.25 per share, in the same period last year[11] - Net loss for the fiscal year ended March 2025 was $839,929, an improvement from a net loss of $2.04 million in March 2024[23] Cash and Working Capital - Cash and restricted cash totaled $15.1 million, and net working capital was $34.6 million as of March 31, 2025[15] - Net cash provided by operating activities was $1.36 million, down from $2.48 million in the previous year[23] - Cash and restricted cash at the end of the year totaled $15.06 million, compared to $14.04 million in the prior year, reflecting an increase of 7.3%[23] Assets and Liabilities - Total assets increased to $82.98 million in March 2025, up from $80.25 million in March 2024, representing a growth of 3.4%[22] - Current assets rose to $54.42 million, compared to $50.92 million in the previous year, marking an increase of 6.8%[22] - Total liabilities increased to $20.11 million in March 2025, up from $15.81 million in March 2024, a rise of 27.5%[22] Dividends and Retained Earnings - A regular quarterly dividend of $0.05 per share was approved and paid on June 6, 2025[15] - Retained earnings decreased to $38.40 million from $41.70 million, a decline of 7.6%[22] - The company made dividend payments of $2.46 million, consistent with the previous year[23] Production and Capacity - Expansion of existing manufacturing facilities completed, with a 15% increase in production capacity expected to contribute in the second fiscal quarter of 2026[4] Interest and Accounts Receivable - Cash paid for interest increased to $1.72 million from $1.20 million, representing a rise of 43%[23] - The company reported a significant increase in accounts receivable, which improved by $2.36 million compared to a decrease of $2.99 million in the previous year[23]
Jerash Holdings(JRSH) - 2025 Q4 - Annual Results