FREQUENCY ELECTRONICS INC
Financial highlights
| Metric | FY 04/30/25 | FY 04/30/24 | FY 04/30/23 | FY 04/30/22 | FY 04/30/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $69.8M | $55.3M | $40.8M | $48.3M | $54.3M |
| Cost of revenue | $39.7M | $36.7M | $32.9M | $39.7M | $37.3M |
| Gross profit | $30.1M | $18.6M | $7.8M | $8.6M | $16.9M |
| Selling, general & administrative | $12.3M | $10.2M | $9.4M | $11.7M | $13.2M |
| Research and development | $6.1M | $3.4M | $3.1M | $5.0M | $4.7M |
| Operating income | $11.7M | $5.0M | -$4.7M | -$8.0M | -$958,000 |
| Interest expense | $104,000 | $109,000 | $156,000 | $77,000 | $127,000 |
| Pretax income | $12.1M | $5.5M | -$5.4M | -$8.7M | $476,000 |
| Income tax expense | -$11.5M | -$130,000 | $74,000 | $1,000 | -$204,000 |
| Net income | $23.7M | $5.6M | -$5.5M | -$8.7M | $680,000 |
| Balance Sheet | |||||
| Cash and equivalents | $4.7M | $18.3M | $12.0M | $11.6M | $9.8M |
| Current assets | $53.1M | $58.1M | $48.3M | $56.0M | $61.2M |
| Total assets | $93.7M | $83.3M | $74.5M | $84.8M | $98.5M |
| Current liabilities | $23.5M | $30.8M | $27.3M | $21.9M | $20.6M |
| Total liabilities | $38.1M | $43.4M | $41.6M | $38.1M | $43.1M |
| Stockholders' equity | $55.6M | $39.8M | $32.9M | $46.7M | $55.4M |
| Cash Flow Statement | |||||
| Cash from operations | -$1.4M | $8.7M | $1.2M | $4.0M | $12.2M |
| Depreciation and amortization | $2.1M | $2.1M | $2.4M | $3.0M | $3.3M |
| Stock-based compensation | $1.2M | $822,000 | $197,000 | $247,000 | $273,000 |
| Capital expenditure | $1.8M | $1.5M | $918,000 | $1.9M | $1.2M |
| Free cash flow | -$3.2M | $7.2M | $257,000 | $2.2M | $10.9M |
| Dividends paid | $9.6M | $0 | $9.4M | $0 | — |
| Share repurchases | $377,000 | $0 | — | — | — |
Shares outstanding 9.8M · Free float 49.1%
Annual filing data through FY ended April 30, 2025; float as of July 8, 2026.