Thule Group AB (publ)

THUPY · OTC
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$9,541,000$9,132,000$10,138,000$10,386,000
% Growth4.5%-9.9%-2.4%
Cost of Goods Sold$5,467,000$5,395,000$6,279,000$6,226,000
Gross Profit$4,074,000$3,737,000$3,859,000$4,160,000
% Margin42.7%40.9%38.1%40.1%
R&D Expenses$671,000$0$609,000$474,000
G&A Expenses$547,000$412,000$385,000$354,000
SG&A Expenses$2,552,000$2,232,000$2,153,000$1,835,000
Sales & Mktg Exp.$2,005,000$1,820,000$1,768,000$1,481,000
Other Operating Expenses-$671,000$0$0$0
Operating Expenses$2,552,000$2,232,000$2,153,000$1,835,000
Operating Income$1,522,000$1,505,000$1,706,000$2,340,000
% Margin16%16.5%16.8%22.5%
Other Income/Exp. Net-$75,000-$85,000-$59,000-$37,000
Pre-Tax Income$1,447,000$1,420,000$1,647,000$2,303,000
Tax Expense$325,000$321,000$373,000$513,000
Net Income$1,122,000$1,099,000$1,275,000$1,790,000
% Margin11.8%12%12.6%17.2%
EPS5.35.236.18.56
% Growth1.3%-14.3%-28.7%
EPS Diluted5.35.226.068.48
Weighted Avg Shares Out211,818210,352209,124209,124
Weighted Avg Shares Out Dil211,818210,534210,358211,146
Supplemental Information
Interest Income$78,000$56,000$32,000$14,000
Interest Expense$162,000$162,000$88,000$41,000
Depreciation & Amortization$283,000$293,000$200,000$153,000
EBITDA$1,892,000$1,875,000$1,935,000$2,497,000
% Margin19.8%20.5%19.1%24%