MOTORCAR PARTS OF AMERICA INC

For the period ended Mar 31, 2025. Filed Jun 9, 2025.

About this filing

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

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Contents

Consolidated Statements of Operations

	Years Ended March 31,
	2025	2024	2023
Net sales	$757,354,000	$717,684,000	$683,074,000
Cost of goods sold	603,526,000	585,133,000	569,112,000
Gross profit	153,828,000	132,551,000	113,962,000
Operating expenses:
General and administrative	64,047,000	57,769,000	54,756,000
Sales and marketing	22,561,000	22,481,000	21,729,000
Research and development	11,405,000	9,995,000	10,322,000
Foreign exchange impact of lease liabilities and forward contracts	15,892,000	(3,814,000)	(9,291,000)
Total operating expenses	113,905,000	86,431,000	77,516,000
Operating income	39,923,000	46,120,000	36,446,000
Other expenses:
Interest expense, net	55,550,000	60,040,000	39,555,000
Change in fair value of compound net derivative liability	60,000	(1,020,000)	-
Loss on extinguishment of debt	-	168,000	-
Total other expenses	55,610,000	59,188,000	39,555,000
Loss before income tax expense	(15,687,000)	(13,068,000)	(3,109,000)
Income tax expense	3,783,000	36,176,000	1,098,000
Net loss	$(19,470,000)	$(49,244,000)	$(4,207,000)
Basic net loss per share	$(0.99)	$(2.51)	$(0.22)
Diluted net loss per share	$(0.99)	$(2.51)	$(0.22)
Weighted average number of shares outstanding:
Basic	19,685,322	19,601,204	19,340,246
Diluted	19,685,322	19,601,204	19,340,246

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.