Motorcar Parts of America Reports Fiscal Year Results

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[{"type":"text","content":"- Record Sales and Gross Profit with Strong Cash Flow Generation -","length":66,"tagName":"p","attribs":{}},{"type":"text","content":"LOS ANGELES, June 09, 2025--(BUSINESS WIRE)--Motorcar Parts of America, Inc. (Nasdaq: MPAA) today reported strong results for its fiscal 2025 fourth quarter, with record net sales and gross profit, and strong cash flow generation for the year ended March 31, 2025.","length":264,"tagName":"p"},{"type":"text","content":"Key highlights for the fiscal year","length":34,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net sales increased 5.5 percent to a record $757.4 million.","length":59,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Gross profit increased 16.1 percent to a record $153.8 million.","length":63,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Generated cash from operating activities of $45.5 million and reduced net bank debt by $32.6 million to $81.4 million.","length":118,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Repurchased 542,134 shares for $4.8 million.","length":44,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":284,"olType":false},{"type":"text","content":"Fiscal 2025 Fourth Quarter Results","length":34,"tagName":"p"},{"type":"text","content":"Net sales for the fiscal 2025 fourth quarter increased 1.9 percent to $193.1 million from $189.5 million in the prior year.","length":123,"tagName":"p"},{"type":"text","content":"Gross profit for the fiscal 2025 fourth quarter increased 10.6 percent to a fourth quarter record $38.5 million from $34.8 million a year earlier. Gross margin for the fiscal 2025 fourth quarter was 19.9 percent compared with 18.4 percent a year earlier. Gross margin for the fiscal 2025 fourth quarter was impacted by $3.2 million, or 1.7 percent, of non-cash expenses, and $4.6 million, or 2.4 percent, for certain tariffs costs paid for products sold before price increases were effective, as detailed in Exhibit 3.","length":518,"tagName":"p"},{"type":"text","content":"Interest expense for the fiscal fourth quarter decreased by $2.1 million to $12.5 million from $14.6 million a year ago, impacted by lower average outstanding balances under the company’s credit facility and lower interest rates.","length":229,"tagName":"p"},{"type":"text","content":"Net loss for t...

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