Taitron Components Incorporated (TAIT) Cash Flow Statement
Where TAIT’s cash came from and went, 2024
December 31, 2024 · U.S. dollars- Cash from operations
- −$258,000 −108.2% vs 2023
- Capital expenditures
- $232,000 5.6% of revenue
- Free cash flow
- −$490,000 −11.8% margin
- Returned to shareholders
- $1.2M
- Change in cash
- −$2.0M cash at year-end $4.2M
Drawn to scale: where the cash came from and how it was used. Hover for values.
TAIT operating cash flow, capex and free cash flow
TAIT cash flow trends, 2015–2024
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | $274,0002015 | −$258,0002024 | — | |
| Capital expenditures | $37,0002015 | $232,0002024 | +22.6%/yr | |
| Free cash flow | $237,0002015 | −$490,0002024 | — | |
| Free cash flow margin | 4.2%2015 | −11.8%2024 | −16.0 pts | |
| Operating cash flow / net income | 0.562017 | −0.292024 | −0.84 | |
| Stock-based compensation | $24,0002015 | $10,0002024 | −9.3%/yr | |
| Dividends paid | $414,0002015 | $1.2M2024 | +12.6%/yr | |
| Share buybacks (net) | $16,0002015 | $02020 | −100.0% | |
| Capex / revenue | 0.7%2015 | 5.6%2024 | +5.0 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
TAIT cash flow by activity
TAIT net income vs operating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
TAIT cash flow statement
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||
| Net income | $902,000 | $1.8M | $3.2M | $2.0M | $1.4M | $806,000 | $1.4M | $696,000 | −$3.1M | −$595,000 |
| Depreciation & amortization | $173,000 | $167,000 | $135,000 | $180,000 | $186,000 | $178,000 | $161,000 | $203,000 | $175,000 | $155,000 |
| Stock-based compensation | $10,000 | $13,000 | $23,000 | $29,000 | $27,000 | $21,000 | $8,000 | $3,000 | $1,000 | $24,000 |
| Change in working capital | −$621,000 | $1.8M | −$303,000 | −$388,000 | $1.7M | $1.7M | $379,000 | −$1.0M | $248,000 | −$303,000 |
| Other non-cash items | −$722,000 | −$724,000 | −$1.4M | −$29,000 | −$1.2M | −$1.3M | $376,000 | $532,000 | $3.9M | $993,000 |
| Cash from operating activities | −$258,000 | $3.1M | $1.7M | $1.8M | $2.1M | $1.4M | $2.3M | $388,000 | $1.2M | $274,000 |
| Investing activities | ||||||||||
| Capital expenditures | −$232,000 | −$215,000 | −$2,000 | −$18,000 | −$17,000 | −$17,000 | −$5,000 | −$37,000 | −$4,000 | −$37,000 |
| Investments (net) | −$547,000 | −$1.2M | −$968,000 | −$1.6M | −$17,000 | −$186,000 | −$5,000 | −$93,000 | −$4,000 | −$93,000 |
| Acquisitions & other investing | $232,000 | $376,000 | $2,000 | $18,000 | $17,000 | $200,000 | $5,000 | $0 | $4,000 | $93,000 |
| Cash from investing activities | −$547,000 | −$1.0M | −$968,000 | −$1.6M | −$17,000 | −$3,000 | −$5,000 | −$130,000 | −$4,000 | −$37,000 |
| Financing activities | ||||||||||
| Dividends paid | −$1.2M | −$1.2M | −$1.7M | −$965,000 | −$840,000 | −$717,000 | −$589,000 | −$554,000 | −$414,000 | −$414,000 |
| Share repurchases & issuance (net) | — | — | — | — | $85,000 | $126,000 | $60,000 | $40,000 | $0 | −$16,000 |
| Net borrowing (repayment) | — | — | — | $0 | $163,000 | $163,000 | −$500,000 | −$500,000 | −$500,000 | −$500,000 |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | $0 | $54,000 | $208,000 | $76,000 | $0 | −$163,000 | $0 | $0 | $0 | $914,000 |
| Cash from financing activities | −$1.2M | −$1.1M | −$1.5M | −$889,000 | −$592,000 | −$591,000 | −$1.0M | −$1.0M | −$914,000 | −$16,000 |
| Summary | ||||||||||
| Net change in cash | −$2.0M | $988,000 | −$757,000 | −$678,000 | $1.3M | $819,000 | $1.2M | −$768,000 | $326,000 | $222,000 |
| Cash at end of period | $4.2M | $6.2M | $5.2M | $6.0M | $6.7M | $5.3M | $4.5M | $3.2M | $4.0M | $3.7M |
| Free cash flow | −$490,000 | $2.9M | $1.7M | $1.8M | $2.0M | $1.4M | $2.3M | $351,000 | $1.2M | $237,000 |
| Free cash flow margin | −11.8% | 48.1% | 20.1% | 20.6% | 30.4% | 20.6% | 27.8% | 4.6% | 18.0% | 4.2% |
| Capex / revenue | 5.6% | 3.5% | 0.0% | 0.2% | 0.3% | 0.3% | 0.1% | 0.5% | 0.1% | 0.7% |
| Operating cash flow / net income | −0.29 | 1.71 | 0.53 | 0.90 | 1.51 | 1.75 | 1.67 | 0.56 | — | — |
| Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | Dec '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||
| Net income | −$58,000 | −$327,000 | −$286,000 | −$301,000 | $245,000 | $406,000 | $552,000 | $141,000 | $411,000 | $531,000 | $762,000 | $69,000 |
| Depreciation & amortization | $35,000 | $85,000 | $40,000 | $40,000 | $57,000 | $43,000 | $33,000 | $58,000 | $33,000 | $33,000 | $43,000 | $54,000 |
| Stock-based compensation | $0 | $1,000 | $1,000 | $1,000 | $2,000 | $3,000 | $4,000 | $9,000 | −$2,000 | $4,000 | $2,000 | $5,000 |
| Change in working capital | $836,000 | $1.1M | −$61,000 | −$186,000 | −$154,000 | −$220,000 | −$61,000 | $1.1M | $460,000 | −$13,000 | $303,000 | $1.2M |
| Other non-cash items | −$417,000 | −$734,000 | $400,000 | $562,000 | −$182,000 | −$246,000 | −$856,000 | −$181,000 | $0 | −$375,000 | −$168,000 | $39,000 |
| Cash from operating activities | $396,000 | $108,000 | $94,000 | $116,000 | −$32,000 | −$14,000 | −$328,000 | $1.1M | $902,000 | $180,000 | $942,000 | $1.3M |
| Investing activities | ||||||||||||
| Capital expenditures | −$6,000 | −$8,000 | −$8,000 | −$4,000 | −$228,000 | −$191,000 | −$37,000 | −$11,000 | −$204,000 | −$1,000 | −$1,000 | −$2,000 |
| Investments (net) | −$6,000 | −$58,000 | $50,000 | −$319,000 | $0 | −$191,000 | −$37,000 | $193,000 | −$204,000 | $1,000 | −$1.0M | $32,000 |
| Acquisitions & other investing | $6,000 | $8,000 | $8,000 | — | $456,000 | $191,000 | $37,000 | — | $204,000 | $1,000 | $1,000 | −$1.0M |
| Cash from investing activities | −$6,000 | −$58,000 | $50,000 | — | $228,000 | −$191,000 | −$37,000 | — | −$204,000 | $1,000 | −$1.0M | −$1.0M |
| Financing activities | ||||||||||||
| Dividends paid | −$211,000 | −$301,000 | −$301,000 | −$301,000 | −$301,000 | −$301,000 | −$301,000 | −$301,000 | −$301,000 | −$300,000 | −$300,000 | −$299,000 |
| Share repurchases & issuance (net) | — | — | — | — | — | — | −$2,000 | — | — | — | — | — |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | $0 | $0 | $0 | $0 | $0 | $0 | $2,000 | −$2,000 | $56,000 | $0 | $0 | $0 |
| Cash from financing activities | −$211,000 | −$301,000 | −$301,000 | −$301,000 | −$301,000 | −$301,000 | −$301,000 | −$303,000 | −$245,000 | −$300,000 | −$300,000 | −$299,000 |
| Summary | ||||||||||||
| Net change in cash | $184,000 | −$261,000 | −$171,000 | −$500,000 | −$297,000 | −$542,000 | −$658,000 | $1.0M | $458,000 | −$120,000 | −$360,000 | $1.1M |
| Cash at end of period | $4.0M | $3.8M | $4.0M | $4.2M | $4.7M | $5.0M | $5.5M | $6.2M | $5.2M | $4.7M | $4.9M | $5.2M |
| Free cash flow | $390,000 | $108,000 | $86,000 | $112,000 | −$32,000 | −$205,000 | −$365,000 | $1.1M | $698,000 | $181,000 | $941,000 | $1.3M |
| Free cash flow margin | 73.7% | 9.3% | 7.9% | 14.6% | −2.7% | −16.7% | −37.9% | 115.1% | 44.7% | 12.1% | 45.1% | 75.4% |
| Capex / revenue | 1.1% | 0.7% | 0.7% | 0.5% | 19.2% | 15.6% | 3.8% | 1.1% | 13.1% | 0.1% | 0.0% | 0.1% |
| Operating cash flow / net income | — | — | — | — | −0.13 | −0.03 | −0.59 | 7.99 | 2.19 | 0.34 | 1.24 | 19.48 |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported; data from EODHD.
TAIT cash generation
In fiscal 2024 (ended December 31, 2024), Taitron Components generated -$0.3 million of cash from operations (down 108.2%) and spent $0.2 million on capital expenditures, leaving free cash flow of -$0.5 million, −11.8% of revenue. It returned $1.2 million to shareholders through dividends ($1.2 million) and net share buybacks ($0). Cash and equivalents fell by $2.0 million over the year.
Related: TAIT income statement, TAIT balance sheet, TAIT dividend history. See the TAIT stock overview for the latest quote and news.
TAIT cash flow FAQ
What is Taitron Components's free cash flow?
Taitron Components's free cash flow was -$0.5 million in fiscal 2024: -$0.3 million of operating cash flow minus $0.2 million of capital expenditures It was $2.9 million a year earlier..
How much cash does Taitron Components generate from operations?
Taitron Components generated -$0.3 million of cash from operating activities in fiscal 2024, −0.29 times its net income of $0.9 million.
How much does Taitron Components spend on capital expenditures?
Taitron Components spent $0.2 million on capital expenditures in fiscal 2024, 5.6% of revenue, compared with $0.2 million the year before.
How much does Taitron Components pay in dividends?
Taitron Components paid $1.2 million in dividends in fiscal 2024.