TITAN INTERNATIONAL INC (TWI)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Net sales | 460,830 | 490,708 | 447,985 | 532,170 |
| Cost of sales | 391,557 | 422,064 | 389,180 | 451,728 |
| Gross profit | 69,273 | 68,644 | 58,805 | 80,442 |
| Acquisition related expenses | - | - | - | - |
| Research and development expenses | 4,341 | 4,544 | 4,199 | 4,218 |
| Royalty expense | 2,419 | 2,446 | 2,266 | 2,319 |
| Selling, general and administrative expenses | 52,353 | 49,855 | 49,533 | 51,583 |
| Income from operations | 10,160 | 11,799 | 2,807 | 22,322 |
| Interest income | 2,455 | 2,239 | 3,064 | - |
| Interest expense | 9,673 | 9,535 | - | - |
| Foreign exchange (loss) gain | -2,995 | -1,385 | -2,525 | 462 |
| Other income | 1,140 | 1,134 | 375 | 3,277 |
| Interest expense | - | - | 9,005 | 7,187 |
| Income before income taxes | 1,087 | 4,252 | -5,284 | 18,874 |
| Provision for income taxes | 4,691 | 4,230 | 12,915 | 15,452 |
| Net (loss) income | -3,604 | 22 | -18,199 | 3,422 |
| Net income attributable to noncontrolling interests | 941 | 671 | 50 | 1,273 |
| Net (loss) income attributable to titan and applicable to common shareholders | -4,545 | -649 | -18,249 | 2,149 |
| Basic (in dollars per share) | -0.07 | -0.01 | -0.25 | 0.03 |
| Basic (in shares) | 63,722,000 | 63,283,000 | 72,013,000 | 72,737,000 |
| Diluted (in dollars per share) | -0.07 | -0.01 | -0.25 | 0.03 |
| Diluted (in shares) | 63,722,000 | 63,283,000 | 72,013,000 | 73,078,000 |