LFUS Financial Analysis Report

Revenue Analysis

The Total Revenue for LFUS has shown a slight decrease from $611.997 million in 2023-06 to $533.807 million in 2023-12 but then a slight increase to $535.385 million in 2024-03. Operating Revenue has followed a similar pattern, indicating stability in core business revenues. The Gross Profit has fluctuated, peaking at $244.957 million in 2023-03 before dropping to $187.808 million by 2024-03. This suggests some variability in cost management or sales efficiency over the period.

Cost Management

Cost of Revenue has decreased from $377.165 million in 2023-06 to $347.577 million by 2024-03. Operating Expenses and Total Expenses have shown a downward trend, suggesting improved cost control. Operating Expense notably decreased from $135.924 million in 2023-06 to $129.619 million by 2024-03, aligning with the strategic cost management initiatives possibly undertaken by the company.

Profitability Analysis

EBITDA was $130.399 million in 2023-06 and adjusted down slightly to $97.808 million by 2024-03. Operating Income showed a significant increment from $98.908 million in 2023-06 to $58.189 million by 2024-03. Pretax Income and Net Income have both trended downwards during the same periods, indicating pressures either from increased cost of goods sold, operating expenses, or other external factors not directly visible from these figures alone.

Cash Flow Indicators

Reconciled Depreciation gradually increased from $34.882 million in 2023-03 to $32.493 million by 2024-03. Interest Expense has remained fairly consistent around $10 million each quarter, suggesting stable financing costs.

Taxation

The Tax Rate for Calculations has varied from 0.185 in 2023-03 to 0.272 in 2023-12, showing fluctuations in tax obligations. Tax Provisions were highest in 2023-12 at $16.068 million but dropped to $7.252 million by 2024-03. The Tax Effect of Unusual Items has shown negative values, implying tax benefits or write-offs associated with these items.

Shareholder Metrics

Diluted EPS has decreased from 2.79 in 2023-06 to 1.93 by 2024-03, indicating a reduction in profitability per share. Average Shares have remained largely stable, ensuring that the change in EPS is mostly resulting from changes in net income rather than share dilution. Net Income Available to Common Stockholders has shown a decrease in alignment with the overall decline in profitability.

Conclusion

The financial performance of LFUS over the past three years shows variability in revenue and cost management with a general downward trend in profitability. While the company has managed costs effectively, the declining profit margins could be a concern. Strengthening revenue streams and maintaining cost efficiencies should be prioritized. Continued monitoring of tax rates and interest expenses is also advised to safeguard financial health.

Appendices

Supporting data tables and detailed financial calculations used in this analysis are recorded for internal review and further detailed examination as needed.