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TAIT

Taitron Components Incorporated

TAIT

Taitron Components Incorporated • NASDAQ
$1.21 ▲ 1.26% (+0.01)
Market Cap $7.26 M
52w High $5.10
52w Low $0.95
Dividend Yield 0.17%
P/E -7.53
Volume 441
Outstanding Shares 6.02M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $529K ▼ $516K ▼ $-58K ▲ -10.964% ▲ $-0.01 ▲ $-23K ▼
Q2-2025 $1.167M ▲ $2.255M ▲ $-327K ▼ -28.021% ▼ $-0.054 ▼ $227K ▲
Q1-2025 $1.082M ▲ $560K ▲ $-286K ▲ -26.433% ▲ $-0.048 ▲ $105K ▼
Q4-2024 $767K ▼ $539K ▲ $-301K ▼ -39.244% ▼ $-0.05 ▼ $229K ▲
Q3-2024 $1.187M $530K $245K 20.64% $0.041 $79K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $3.96M ▼ $17.085M ▼ $2.023M ▲ $15.062M ▼
Q2-2025 $9.288M ▲ $17.263M ▲ $1.937M ▲ $15.326M ▼
Q1-2025 $8.815M ▼ $16.729M ▼ $766K ▼ $15.963M ▼
Q4-2024 $9.387M ▼ $17.636M ▼ $1.073M ▼ $16.563M ▼
Q3-2024 $9.62M $18.677M $1.517M $17.16M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-58K ▲ $396K ▲ $-6K ▲ $-211K ▲ $184K ▲ $390K ▲
Q2-2025 $-327K ▼ $108K ▲ $-58K ▼ $-301K $-261K ▼ $108K ▲
Q1-2025 $-286K ▲ $94K ▼ $50K ▲ $-301K $-171K ▲ $86K ▼
Q4-2024 $-301K ▼ $116K ▲ $-319K ▼ $-301K $-500K ▼ $112K ▲
Q3-2024 $245K $-32K $0 $-301K $-297K $-32K

Revenue by Products

Product Q4-2020Q1-2021Q2-2021Q3-2021
DistributionComponentsMember
DistributionComponentsMember
 $0 ▲$0 ▲$0 ▲$0 ▲
ODMComponentsMember
ODMComponentsMember
 $0 ▲$0 ▲$0 ▲$0 ▲
ODMProjectsMember
ODMProjectsMember
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Taitron looks like a very small, steady but recently softening business. Reported sales have been fairly flat at a low level, and earnings per share have trended down from their recent peak, though they remain positive. That suggests the company is still profitable but feeling some pressure, likely from weaker demand in its higher‑margin custom projects. Overall, the income statement points to a niche, low‑scale operation with profits that can swing when project volumes shift. The heavy rounding in the data also means there is limited visibility into detailed trends or margins.

Balance Sheet

Balance Sheet The balance sheet appears simple and conservative. The asset base is small, equity makes up essentially all of the capital, and there is no financial debt reported. Cash is modest but present, which, combined with no leverage, suggests a low‑risk, low‑gearing profile but also underlines how small the company is. This “clean but tiny” balance sheet means there is little financial strain, yet the business has limited resources to absorb big shocks or fund large growth initiatives without outside capital or much stronger cash generation.

Cash Flow

Cash Flow The cash flow data is heavily rounded and shows essentially no detail, which makes interpretation difficult. Given the company’s size and low capital spending needs, it likely runs a relatively light, inventory‑driven cash model: when orders are strong, working capital and inventory swings will matter a lot; when demand softens, cash can free up but profits can be hit. The lack of granular cash flow disclosure is a weakness from an analytical standpoint, as it obscures how resilient the business is through cycles.

Competitive Edge

Competitive Edge Taitron operates as a niche distributor and custom solution provider in electronic components rather than as a broad, global giant. Its edge comes from keeping deep inventories of specific parts, especially discrete semiconductors, and from long‑standing relationships with manufacturers that need quick, reliable supply. The hybrid model—both distribution and custom, branded products—gives it flexibility and some customer stickiness. On the other hand, its small scale, dependence on a narrow segment, and competition from much larger distributors likely limit pricing power and bargaining strength. The planned delisting from Nasdaq also reduces public visibility and may slightly weaken its profile versus more prominent, listed peers.

Innovation and R&D

Innovation and R&D The company’s “innovation” is mainly in its business model and engineering services, not in groundbreaking new technologies. Its own branded components, engineering support, and ability to deliver turnkey projects show a focus on customization and problem‑solving rather than on pure component invention. The Taiwan and China operations act as sourcing and engineering hubs to support this. However, there is little clear disclosure around formal research and development, pipelines of new offerings, or technology roadmaps. That creates uncertainty about how differentiated its solutions will remain over time, even though its service‑driven and design‑assistance approach can still be a meaningful advantage in its chosen niche.

Summary

Taitron is a very small, niche technology distributor with a focus on discrete components and custom, higher‑margin projects. Financially, it appears modestly profitable but with earnings trending down in recent years as project demand softened. The balance sheet is straightforward and debt‑free, which lowers financial risk but also highlights limited scale and financial firepower. The business leans on deep inventory, specialized know‑how, and engineering‑supported solutions to hold its place against much larger rivals. Its strengths are service, flexibility, and long relationships with manufacturers; its key risks are size, exposure to project cycles, competitive pressure from global distributors, and reduced transparency as it moves away from a major stock exchange. Overall, it looks like a specialized, low‑leverage operator whose prospects will depend heavily on reviving its custom, higher‑margin work and maintaining its service edge in a demanding, price‑sensitive market.

NEWS

October 31, 2025 · 4:05 PM UTC

Taitron Announces Quarterly Cash Dividend

Read more