MOTORCAR PARTS OF AMERICA INC
For the period ended Mar 31, 2025. Filed Jun 9, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Jun 9, 2025
MPAA$7.72-26.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| March 31, 2025 | March 31, 2024 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $9,429,000 | $13,974,000 |
| Short-term investments | 1,881,000 | 1,837,000 |
| Accounts receivable — net | 91,064,000 | 96,296,000 |
| Inventory — net | 341,209,000 | 377,040,000 |
| Inventory unreturned | 18,460,000 | 20,288,000 |
| Contract assets | 29,606,000 | 27,139,000 |
| Income tax receivable | 4,208,000 | 5,683,000 |
| Prepaid expenses and other current assets | 15,614,000 | 18,202,000 |
| Total current assets | 511,471,000 | 560,459,000 |
| Plant and equipment — net | 31,990,000 | 38,338,000 |
| Operating lease assets | 66,603,000 | 83,973,000 |
| Deferred income taxes | 4,569,000 | 2,976,000 |
| Long-term contract assets | 336,268,000 | 320,282,000 |
| Goodwill | 3,205,000 | 3,205,000 |
| Intangible assets — net | 552,000 | 1,069,000 |
| Other assets | 2,978,000 | 1,700,000 |
| TOTAL ASSETS | $957,636,000 | $1,012,002,000 |
| LIABILITIES AND SHAREHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $141,906,000 | $154,977,000 |
| Accrued liabilities | 30,211,000 | 30,205,000 |
| Customer finished goods returns accrual | 34,411,000 | 38,312,000 |
| Contract liabilities | 38,158,000 | 37,591,000 |
| Revolving loan | 90,787,000 | 128,000,000 |
| Other current liabilities | 5,570,000 | 7,021,000 |
| Operating lease liabilities | 9,982,000 | 8,319,000 |
| Total current liabilities | 351,025,000 | 404,425,000 |
| Convertible notes, related party | 35,207,000 | 30,776,000 |
| Contract liabilities, less current portion | 241,404,000 | 212,068,000 |
| Deferred income taxes | 362,000 | 511,000 |
| Operating lease liabilities, less current portion | 65,308,000 | 72,240,000 |
| Other liabilities | 6,631,000 | 6,872,000 |
| Total liabilities | 699,937,000 | 726,892,000 |
| Commitments and contingencies | ||
| Shareholders' equity: | ||
| Preferred stock; par value $.01 per share, 5,000,000 shares authorized; none issued Series A junior participating preferred stock; par value $.01 per share, 20,000 shares authorized; none issued | - | - |
| Common stock; par value $.01 per share, 50,000,000 shares authorized;19,435,706 and 19,662,380 shares issued and outstanding at March 31, 2025 and 2024, respectively | 194,000 | 197,000 |
| Additional paid-in capital | 234,413,000 | 236,255,000 |
| Retained earnings | 20,033,000 | 39,503,000 |
| Accumulated other comprehensive income | 3,059,000 | 9,155,000 |
| Total shareholders' equity | 257,699,000 | 285,110,000 |
| TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | $957,636,000 | $1,012,002,000 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.