TAT Technologies(US:TATT) Prnewswireยท2025-11-12 21:38Financial Performance - TAT Technologies reported a revenue increase of 14.3% to $46.2 million for Q3 2025, compared to $40.5 million in Q3 2024 [2] - For the nine months of 2025, revenues rose by 18.4% to $131.5 million from $111.1 million in the same period of 2024 [2] - Gross profit for Q3 2025 increased by 36.8% to $11.6 million, representing 25.1% of revenues, compared to $8.5 million (21.0% of revenues) in Q3 2024 [2] - Net income surged by 69% to $4.8 million in Q3 2025, up from $2.9 million in Q3 2024 [2] - Adjusted EBITDA for Q3 2025 increased by 34.4% to $6.8 million, which is 14.6% of revenues, compared to $5.0 million (12.4% of revenues) in Q3 2024 [2] Operational Highlights - The company experienced broad-based growth, particularly in Auxiliary Power Unit (APU) activity and landing gear maintenance [1] - TAT Technologies generated $7.5 million in cash flow from operations in Q3 2025, with a year-to-date cash flow of $20.4 million [1] - The gross margin expanded by 410 basis points due to higher margin revenue streams and disciplined operational management [1] Financial Position - TAT Technologies holds over $47 million in cash and more than $94 million in working capital as of September 30, 2025 [1] - The total assets of the company increased to $224.1 million from $163.4 million at the end of 2024 [10][11] - Shareholders' equity rose to $170.7 million as of September 30, 2025, compared to $112.0 million at the end of 2024 [11] Future Outlook - The company is exploring accretive opportunities to expand its capabilities and scale, while maintaining confidence in sustaining growth and margin expansion through 2026 and beyond [1]