Pioneer Power Solutions, Inc.

PPSI

PPSIPioneer Power Solutions, Inc. US flag

NASDAQ Capital Market

4.80

USD

-0.17

- -

53.26MMarket Cap

Income Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	69	84	88	92	107	100	114	20	21	19	18	26	11	23	28
+ Sales & Services Revenue	69	84	88	92	107	100	114	20	21	19	18	26	11	23	28
- Cost of Revenue	53	65	66	74	85	77	97	18	19	19	17	23	9	17	24
+ Cost of Goods & Services	53	65	66	74	85	77	97	18	19	19	17	23	9	17	24
Gross Profit	16	19	22	18	21	22	18	2	1	1	1	3	2	6	3
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	11	13	15	15	23	16	21	11	13	5	5	9	9	11	10
+ Selling, General & Admin	11	13	15	15	22	17	21	9	13	5	5	9	8	10	9
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1
+ Other Operating Expense	- -	- -	- -	- -	2	-1	- -	2	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	5	6	7	3	-2	6	-3	-9	-12	-4	-4	-6	-7	-5	-7
- Non-Operating (Income) Loss	2	1	1	3	7	4	3	1	-1	-1	-2	- -	-1	- -	- -
+ Interest Expense, Net	1	1	1	1	1	2	2	1	- -	- -	- -	- -	- -	- -	-1
+ Interest Expense	1	1	1	1	1	2	2	1	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1
+ Other Non-Op (Income) Loss	1	- -	- -	2	6	2	- -	- -	-1	-1	-1	- -	-1	- -	1
Pretax Income	3	5	6	- -	-9	2	-6	-10	-11	-3	-2	-5	-6	-5	-6
- Income Tax Expense (Benefit)	1	2	1	1	-3	1	3	-1	1	- -	- -	- -	- -	-1	- -
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	2	3	5	- -	-6	1	-9	-9	-12	-3	-2	-5	-6	-3	-6
- Net Extraordinary Losses (Gains)	3	- -	- -	- -	- -	3	- -	-4	-11	- -	- -	- -	-4	-35	- -
+ Discontinued Operations	-3	- -	- -	- -	- -	-3	-7	4	11	- -	- -	- -	4	35	- -
+ Extraord. & Accounting Changes	5	- -	- -	- -	- -	5	7	-7	-22	- -	- -	- -	-9	-70	-1
Income (Loss) Incl. MI	- -	3	5	- -	-6	-1	-9	-6	-1	-3	-2	-5	-2	32	-6
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	- -	3	5	- -	-6	-1	-9	-6	-1	-3	-2	-5	-2	32	-6
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	- -	3	5	- -	-6	-1	-9	-6	-1	-3	-2	-5	-2	32	-6
EBIT	5	6	7	3	-2	6	-3	-9	-12	-4	-4	-6	-7	-5	-7
EBITDA	6	7	9	5	2	10	- -	-6	-11	-4	-3	-5	-6	-4	-5
EBITDA Margin (%)	8.71	8.69	9.76	4.93	1.43	9.58	0.15	-28.92	-51.71	-19.6	-15.53	-18.09	-50.59	-18.27	-18.83
EBITA	5	6	7	3	-2	6	-3	-9	-12	-4	-4	-6	-7	-5	-7
Gross Margin (%)	23.23	22.56	24.69	19.71	20.12	22.23	15.51	9.41	5.66	4.52	7.61	10.92	20.02	24.1	12.4
Operating Margin (%)	7.13	6.86	8	3.2	-1.54	6.48	-2.99	-45.34	-57.1	-21.98	-21.09	-22.45	-63.29	-22.94	-23.87
Profit Margin (%)	-0.09	3.56	5.98	-0.29	-5.52	-1.07	-8.06	-28.14	-5.01	-15.32	-11.83	-20.94	-17.07	139.23	-21.71
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.12	- -	- -	- -	- -
Depreciation Expense	1	2	2	2	3	3	4	3	1	- -	1	1	1	1	1
Basic Weighted Avg Shares	6	6	6	7	8	9	9	9	9	9	9	10	10	11	- -
Basic EPS, GAAP	-0.01	0.51	0.84	-0.04	-0.76	-0.12	-1.06	-0.65	-0.12	-0.34	-0.24	-0.56	-0.19	2.96	- -
Basic EPS from Cont Ops	0.42	0.54	0.84	-0.04	-0.76	0.17	-1.06	-1.07	-1.38	-0.34	-0.24	-0.56	-0.63	-0.31	- -
Diluted Weighted Avg Shares	6	6	6	7	8	9	9	9	9	9	9	10	10	11	- -
Diluted EPS, GAAP	-0.01	0.51	0.84	-0.04	-0.76	-0.12	-1.06	-0.65	-0.12	-0.34	-0.24	-0.56	-0.19	2.91	- -
Diluted EPS from Cont Ops	0.42	0.54	0.84	-0.04	-0.76	0.17	-1.06	-1.07	-1.38	-0.34	-0.24	-0.56	-0.62	-0.31	- -

Balance Sheet (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	25	28	26	34	35	46	45	47	20	14	25	31	28	57	26
+ Cash, Cash Equivalents & STI	1	- -	- -	4	1	- -	- -	- -	9	8	10	10	4	42	15
+ Cash & Cash Equivalents	1	- -	- -	4	1	- -	- -	- -	8	8	10	10	4	42	15
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	9	11	10	14	15	14	16	3	6	3	8	10	1	8	3
+ Accounts Receivable, Net	8	11	10	13	14	14	15	3	4	3	2	10	1	8	3
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	6	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	1	- -	- -	- -	1	- -	1	- -	2	1	- -	- -	- -	- -	- -
+ Inventories	14	15	13	14	18	22	26	4	5	2	4	8	3	6	6
+ Raw Materials	6	5	5	6	7	9	10	2	2	2	1	3	3	5	6
+ Work In Process	3	4	3	3	4	4	5	2	3	1	3	5	- -	1	1
+ Finished Goods	5	6	5	6	7	10	11	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	-1	- -	- -	- -	-1	- -	- -	- -	- -	-1	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	2	1	3	2	2	9	3	40	1	1	3	3	20	1	1
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	23	25	28	39	32	31	29	26	8	7	3	4	5	9	10
+ Property, Plant & Equip, Net	10	11	12	11	7	6	7	3	2	2	3	4	4	7	7
+ Property, Plant & Equip	14	17	19	18	14	13	16	5	4	4	5	6	6	9	10
- Accumulated Depreciation	4	6	6	7	6	7	9	2	2	2	2	2	1	2	3
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	13	14	16	28	24	25	22	23	6	5	- -	- -	1	- -	3
+ Total Intangible Assets	12	12	13	19	20	15	15	3	- -	- -	- -	- -	- -	- -	- -
+ Goodwill	7	7	8	10	10	9	9	3	- -	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	6	5	5	10	10	7	6	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	1	1	2	9	4	10	7	19	6	5	- -	- -	1	- -	3
Total Assets	49	52	54	73	67	77	74	73	28	21	28	35	33	66	35
+ Payables & Accruals	12	13	9	15	20	15	22	7	8	4	3	7	8	29	4
+ Accounts Payable	11	12	8	14	20	14	20	7	8	4	2	6	2	3	2
+ Accrued Taxes	- -	1	1	1	- -	1	1	- -	- -	- -	- -	- -	- -	4	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	2	6	22	1
+ ST Debt	9	7	3	9	18	24	25	22	- -	1	1	1	- -	- -	- -
+ ST Borrowings	9	7	3	9	18	24	25	22	- -	1	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	- -	- -	- -
+ Other ST Liabilities	1	- -	- -	- -	- -	4	- -	23	1	1	2	11	10	1	1
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	2	1	1	2	11	- -	1	1
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	1	- -	- -	- -	- -	4	- -	21	- -	- -	- -	- -	9	- -	- -
Total Current Liabilities	21	21	12	24	38	44	47	52	10	6	7	19	18	30	5
+ LT Debt	9	10	7	10	- -	4	4	3	- -	1	2	1	- -	- -	1
+ LT Borrowings	9	10	7	10	- -	4	4	3	- -	1	- -	- -	- -	- -	- -
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	1	- -	- -	1
+ Other LT Liabilities	4	4	4	8	1	3	6	6	2	1	- -	- -	- -	- -	- -
+ Accrued Liabilities	3	3	3	8	1	2	2	2	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	- -	- -	- -	- -	1	4	4	2	1	- -	- -	- -	- -	- -
Total Noncurrent Liabilities	13	14	11	18	1	7	10	8	2	2	2	1	1	1	1
Total Liabilities	34	34	23	42	39	51	57	61	12	7	8	20	19	31	6
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	8	8	16	18	23	23	24	24	24	24	32	33	34	35	35
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	8	8	16	18	23	23	24	24	24	24	32	33	34	35	35
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	8	11	16	16	10	9	- -	-6	-7	-10	-12	-18	-20	- -	-6
+ Other Equity	-1	-1	-1	-3	-6	-6	-6	-6	- -	- -	- -	- -	- -	- -	- -
Equity Before Minority Interest	15	18	31	31	27	26	18	12	17	14	20	15	14	35	29
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	15	18	31	31	27	26	18	12	17	14	20	15	14	35	29
Total Liabilities & Equity	49	52	54	73	67	77	74	73	28	21	28	35	33	66	35
Shares Outstanding	6	6	7	7	9	9	9	9	9	9	10	10	10	11	11
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	2	1	1	2
Net Debt	16	17	10	15	17	28	29	24	-8	-6	-10	-10	-4	-42	-15
Net Debt to Equity	111.64	93.01	31.45	48.81	63.34	106.44	166.06	204.29	-46.54	-44.4	-50.76	-67.95	-25.19	-117.48	-51.03
Tangible Common Equity Ratio	6.38	14.25	43.15	21.4	15.73	17.82	4.42	12.76	59.14	65.11	70.01	42.82	43.06	53.72	82.69
Current Ratio	1.2	1.33	2.12	1.38	0.92	1.06	0.96	0.9	2.07	2.52	3.82	1.65	1.52	1.89	5.23
Cash Conversion Cycle	50.53	56.72	59.7	57.15	44.51	70.34	75.4	1,665.25	7.32	-0.94	61.02	132.6	70.38	125.83	126.19

Cash Flow Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	- -	3	5	- -	-6	-1	-9	-6	-1	-3	-2	-5	-2	32	-6
+ Depreciation & Amortization	1	2	2	2	3	3	4	3	1	- -	1	1	1	1	1
+ Non-Cash Items	2	- -	-1	2	- -	- -	7	1	-4	1	-1	- -	2	-34	-1
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	- -
+ Deferred Income Taxes	-1	- -	-1	- -	-3	- -	2	- -	1	- -	- -	- -	- -	- -	- -
+ Asset Impairment Charge	2	- -	- -	1	3	- -	4	1	6	1	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	- -	- -	- -	- -	- -	1	- -	- -	-11	- -	-2	-1	- -	-35	-2
+ Chg in Non-Cash Work Cap	-1	-2	-2	-3	-1	-12	- -	3	-1	-2	-1	-2	-5	-5	- -
+ (Inc) Dec in Accts Receiv	- -	-2	- -	-1	-2	-4	3	-1	- -	1	- -	-7	1	-10	5
+ (Inc) Dec in Inventories	-4	-1	2	-2	-5	-8	-2	-2	-1	2	-2	-4	1	-15	- -
+ (Inc) Dec in Prepaid Assets	- -	-1	-1	- -	- -	- -	- -	-1	-1	-1	- -	-2	-5	5	1
+ Inc (Dec) in Accts Payable	2	1	-4	1	6	-1	1	8	- -	-3	- -	4	5	12	-1
+ Inc (Dec) in Other	1	1	- -	-1	- -	2	-1	-1	- -	-1	1	8	-6	3	-5
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	2	2	3	- -	-4	-9	2	2	-6	-4	-3	-6	-4	-6	-6
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-1	-2	-3	-1	-1	-1	-1	-1	- -	- -	- -	-2	-2	-4	-3
+ Acq of Fixed Prod Assets	-1	-2	-3	-1	-1	-1	-1	-1	- -	- -	- -	-2	-2	-4	-3
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	8	- -	5	- -	- -	- -	- -	- -	9	- -	- -	5	- -
+ Increase in Capital Stock	- -	- -	8	- -	5	- -	- -	- -	- -	- -	9	- -	- -	5	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	- -	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	-8	- -	-2	-1	-2	- -	- -	- -	40	- -	- -	- -	- -	43	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	40	- -	- -	- -	- -	43	- -
+ Cash for Acq of Subs	-8	- -	-2	-1	-2	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	6	- -	- -	-1
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-9	-2	-4	-2	-3	-1	-1	- -	40	3	- -	5	-2	39	-4
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	- -	- -	- -	-17
+ Net Cash From Debt	9	-1	-6	7	3	10	1	-3	-27	- -	- -	- -	- -	- -	- -
+ Cash From Debt	13	2	- -	11	41	40	42	41	15	1	- -	- -	- -	- -	- -
+ Repayments of Debt	-4	-4	-7	-4	-38	-30	-41	-45	-42	-1	- -	- -	- -	- -	- -
+ Other Financing Activities	-1	- -	- -	-2	-3	- -	- -	- -	1	- -	- -	- -	- -	1	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	9	-1	1	6	5	10	1	-3	-26	- -	8	- -	- -	5	-17
Effect of Foreign Exchange Rates	- -	- -	- -	-1	- -	- -	-1	1	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	1	-1	- -	4	-3	- -	1	-1	8	-1	4	-1	-7	38	-27
EBITDA	6	7	9	5	2	10	- -	-6	-11	-4	-3	-5	-6	-4	-5
EBITDA Margin (%)	8.71	8.69	9.76	4.93	1.43	9.58	0.15	-28.92	-51.71	-19.6	-15.53	-18.09	-50.59	-18.27	-18.83
Free Cash Flow	- -	- -	1	-1	-5	-10	- -	2	-6	-4	-3	-7	-6	-10	-8
Net Cash Paid for Acquisitions	8	- -	2	1	2	- -	- -	- -	-40	- -	- -	- -	- -	-43	- -
Free Cash Flow to Firm	1	1	1	-1	- -	-9	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Equity	10	-1	-6	7	-2	- -	1	-1	-33	-3	-4	-8	-7	-10	-9
Free Cash Flow per Basic Share	0.04	0.06	0.08	-0.09	-0.65	-1.16	0.03	0.18	-0.66	-0.41	-0.39	-0.75	-0.65	-0.93	- -
Price/Free Cash Flow	15.97	7.39	10.97	82.04	-10.51	-5.89	21.06	16.71	-3.65	-9.35	-22.47	-6.12	-49.15	-18.44	- -
Cash Flow to Net Income	-26.63	0.81	0.61	-0.35	0.67	8.9	-0.18	-0.38	5.4	1.21	1.47	1.07	2.05	-0.2	0.97
Capital Expenditures	-1	-2	-3	-1	-1	-1	-1	-1	- -	- -	- -	-2	-2	-4	-3