TX Rail Products, Inc. Reports Financial Results for Fiscal Year 2025

Core Viewpoint - TX Rail Products, Inc. reported financial results for fiscal year 2025, highlighting increased demand in core markets and ongoing investments for future growth despite challenges from tariffs and higher operating costs [2]. Financial Performance - Revenue for fiscal year 2025 was $8.3 million, up 1.3% from $8.1 million in the previous year [3]. - Cost of goods sold increased by 3.4% to $6.1 million from $5.9 million [3]. - Gross profit margin decreased from 27.2% to 25.7% due to the product mix sold [4]. - Operating expenses rose by 17.8% to $1.1 million compared to $894,000 in the prior year [4]. - Net income fell by 20.8% to $1.0 million from $1.3 million in fiscal year 2024 [5]. Cash Flow and Assets - Cash and cash equivalents were $111,000 as of September 30, 2025, slightly down from $114,000 a year earlier [5]. - Net cash used in operating activities was $1.4 million for the fiscal year [5]. - Net cash used in investing activities was $0, compared to a negative $311,000 in the previous year [6]. - Net cash provided by financing activities was $1.4 million, significantly up from $29,000 in the prior year [6]. Accounts Receivable and Inventory - Accounts receivable increased by 56.2% to $1.0 million from $641,000 [6]. - Inventory rose by 79.1% to $5.1 million from $2.8 million, attributed to materials acquired in advance of customer orders [7].