NASDAQ$MPAA

Motorcar Parts of America Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Reported record first quarter sales and increased profitability, despite global supply chain disruptions.

Motorcar Parts of America reported a strong fiscal 2022 first quarter with record sales of $149.0 million, a 56.3% increase from the previous year. Net income was $861,000, a significant improvement from the net loss of $3.0 million in the same quarter last year. The company benefited from strong demand for aftermarket parts and the success of its strategic footprint expansion.

  • Net sales increased by 56.3% to $149.0 million compared to the previous year.
  • Net income reached $861,000, a significant improvement from the prior year's net loss.
  • Gross profit increased to $23.6 million, with gross profit as a percentage of net sales at 15.8%.
  • The company's brake caliper program and presence in the electric vehicle market contributed to solid growth.

Headline financials

Total Revenue

$149M

Previous: $95.4M+56.3%
EPS (adj)

$0.43

Previous: $0.04+975.0%
Capital Expenditures

-$1.92M

Previous: -$2.98M+35.6%
Free Cash Flow

-$6.66M

Previous: $19.4M-134.3%
Net Income

$861K

Previous: -$3.01M+128.6%
Operating Income

$5.75M

Previous: $375K+1433.1%
Gross Profit

$23.6M

Previous: $13.4M+76.1%
Cash & Equivalents

$24.9M

Previous: $27.5M-9.4%
Total Assets

$904M

Previous: $760M+18.9%
Stock-Based Comp

$1.58M

Previous: $1.04M+51.1%

Revenue & EPS history

MPA · Revenue · Quarterly

$149M

Q1 2022+56.3%vs Q1 2021
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

Company remains focused on sales growth and opportunities to achieve further operating efficiencies, and enhanced profitability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+2.2%

Avg return

Earnings day

+2.9%

Avg return

5 days after

+2.3%

Avg return

30 days after

52%

34 / 65 earnings

Positive

+34.8%

Q4 2026

Best reaction

-26.4%

Q2 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+34.8%+42.1%
Q3 2026-17.5%-23.6%-20.5%
Q2 2026-26.4%-24.7%-21.9%
Q1 2026+22.6%+21.8%+29.9%
Q4 2025-0.7%+4.3%-2.0%
Q3 2025+10.6%+61.7%+86.6%
Q2 2025+15.9%+18.8%+41.8%
Q1 2025+0.3%+2.5%-2.7%
Q4 2024-3.5%+7.3%+22.3%
Q3 2024+3.8%-1.5%-11.0%
Q2 2024+4.0%+7.1%+14.6%
Q1 2024-8.2%-6.2%-15.4%
Q4 2023+15.6%+26.8%+56.9%
Q3 2023-10.2%-10.4%-32.5%
Q2 2023-12.9%-23.6%-49.9%
Q1 2023+0.4%+9.6%-1.9%
Q4 2022-6.3%-16.0%-12.6%
Q3 2022+1.3%-0.7%+3.3%
Q2 2022-1.5%-0.8%-1.4%
Q1 2022-1.5%-2.0%-16.0%
Q4 2021+3.6%-4.4%-0.4%
Q3 2021-16.3%-19.8%-7.1%
Q2 2021+22.9%+13.9%+48.6%
Q1 2021-3.3%-1.0%-8.4%
Q4 2020-1.1%-0.3%+7.7%
Q3 2020-15.9%-12.5%-25.8%
Q2 2020+8.0%+2.2%+10.5%
Q1 2020-6.0%-5.5%-14.6%
Q4 2019+11.9%+5.3%-1.1%
Q3 2019-2.6%+7.5%+1.9%
Q2 2019+6.1%+4.0%+4.3%
Q1 2019+9.7%+12.4%+13.8%
Q4 2018-7.1%-4.1%-6.3%
Q3 2018-12.5%+0.3%-11.4%
Q2 2018-2.7%-2.6%-6.6%
Q1 2018+4.9%+5.6%+1.4%
Q4 2017-6.2%-4.4%-1.5%
Q3 2017-0.3%+1.4%+2.0%
Q2 2017+12.9%+11.6%+21.2%
Q1 2017+6.3%+4.9%+0.2%
Q4 2016+10.0%+13.9%-2.2%
Q3 2016+2.9%
Q2 2016+18.4%
Q1 2016+7.8%
Q4 2015+3.7%
Q3 2015-0.7%
Q2 2015+16.9%
Q1 2015+12.4%
Q4 2014+4.7%
Q3 2014+15.2%
Q2 2014+31.9%
Q1 2014+11.1%
Q4 2013+7.0%
Q3 2013-16.2%
Q2 2013+2.9%
Q1 2013+13.5%
Q4 2010-4.5%
Q4 2012-4.5%
Q3 2011-14.7%
Q3 2012-14.7%
Q2 2012+10.3%
Q4 2011-0.5%
Q2 2011-0.5%
Q1 2011-0.5%
Q1 2012-0.5%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro