NASDAQ$MPAA

Motorcar Parts of America Inc · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Motorcar Parts of America reported fiscal first quarter results with record sales and a continued favorable full-year outlook.

Motorcar Parts of America reported a 6.4% increase in net sales, reaching $169.9 million, a first quarter record. Gross profit increased by 9.8% to $29.2 million and gross margin increased modestly to 17.2%. However, the company experienced a net loss of $18.1 million, impacted by an unfavorable non-cash foreign exchange loss and severance expenses.

  • Net sales increased 6.4 percent to $169.9 million.
  • Gross profit increased 9.8 percent to $29.2 million.
  • Gross margin increased modestly to 17.2 percent.
  • Implemented cost-reduction initiatives to provide annualized savings of approximately $7 million.

Headline financials

Total Revenue

$170M

Previous: $160M+6.4%
EPS

-$0.92

Previous: $0.04-2400.0%
Gross Margin

17.2%

No prior period
Interest Expense

$14.4M

No prior period
EBITDA

-$1.15M

No prior period
Capital Expenditures

-$490K

Previous: -$40K-1125.0%
Free Cash Flow

-$21.3M

Previous: -$20.5M-4.0%
Net Income

-$18.1M

Previous: -$1.41M-1182.6%
Operating Income

-$6.46M

Previous: $10.4M-161.8%
Gross Profit

$29.2M

Previous: $26.6M+9.8%
Cash & Equivalents

$7.53M

Previous: $10.9M-30.8%
Total Assets

$978M

Previous: $1.06B-7.6%
R&D Expense

$2.43M

No prior period
Stock-Based Comp

$1M

Previous: $1.31M-23.7%

Revenue & EPS history

MPA · Revenue · Quarterly

$170M

Q1 2025+6.4%vs Q1 2024
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Forward guidance

Motorcar Parts of America anticipates meaningful improvements to gross margins, gross profit and cash flow in the quarters ahead, supported by ongoing strategic actions throughout the entire organization.

Tailwinds

  • Sales volume improving.
  • Ordering activity has gained momentum.
  • Industry fundamentals are improving and will drive product demand.
  • Margin improvement.
  • Enhanced by multiple rounds of price increases.

Headwinds

  • Operating results impacted by an unfavorable non-cash $11.1 million foreign exchange loss from lease liabilities and forward contracts.
  • There are a variety of factors related to financial performance beyond our control, such as non-cash items and interest rates.
  • Net loss for the fiscal 2025 first quarter was $18.1 million compared with a net loss of $1.4 million a year ago.
  • Operating expenses were $35.6 million compared with $16.1 million last year.
  • Interest expense for the fiscal first quarter increased by $2.7 million to $14.4 million from $11.7 million a year ago.

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 2025

Historical avgQ1 2025

+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