Methode Electronics(US:MEI)2025-07-09 22:18Financial Performance & Key Metrics - Q4 sales were $257 million, a decrease of $20 million year-over-year, but an increase of $17 million quarter-over-quarter[13, 26] - Adjusted loss from operations was $22 million, primarily due to $15 million in unplanned inventory adjustments[13] - Adjusted EBITDA was a negative $7 million[13] - Adjusted pre-tax loss was $29 million[13] - Adjusted EPS was a negative $0.77[13] - Free cash flow was $26 million, the highest level since FY23[10, 13] - Total debt remained at $318 million, while net debt decreased by $10 million to $214 million[13] - FY25 net sales were $1,048 million, compared to $1,115 million in FY24[13, 47] - FY25 Adjusted EBITDA was $43 million, compared to $55 million in FY24[13, 47] Business Segments & Market Trends - Data center power product sales reached a record of over $80 million in FY25, with similar or greater sales expected in FY26[11, 13] - xEV applications accounted for 20% of total consolidated net sales in both Q4 and FY25, up from 14% and 19% respectively in the prior year periods[13] Future Outlook & Guidance - FY26 sales guidance is in the range of $900 million to $1 billion[54, 56] - FY26 EBITDA guidance is in the range of $70 million to $80 million, representing a 100%+ increase despite ~$100 million lower sales[12, 54, 56]