<span item_type="fundamental" item_id="8a7b3c615ea2564a8a37e9ca238b0347" counter_id="ST/US/CVU" env="prod"></span><span item_type="announcement" item_id="551273788998224257" env="prod"></span><p>Revenue: As of FY2025 Q2, the actual value is USD 15.18 M.</p><p>EPS: As of FY2025 Q2, the actual value is USD -0.1.</p><p>EBIT: As of FY2025 Q2, the actual value is USD -1.991 M.</p><p></p><h3>Revenue</h3><ul><li>Second Quarter 2025 revenue was $15.2 million, a decrease from $20.8 million in the same quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/889348/000199937125011680/ex99-1.htm"></span></li><li>For the first six months of 2025, revenue was $30.6 million, down from $39.9 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/889348/000199937125011680/ex99-1.htm"></span></li></ul><h3>Gross Profit and Margin</h3><ul><li>Gross profit for the second quarter of 2025 was $0.7 million, compared to $5.1 million in the second quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/889348/000199937125011680/ex99-1.htm"></span></li><li>The gross margin was 4.4% in the second quarter of 2025, compared to 24.6% in the same quarter of 2024. Excluding the A-10 Program impact, the gross margin was 17.1%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/889348/000199937125011680/ex99-1.htm"></span></li><li>For the first six months of 2025, gross profit was $2.3 million, compared to $8.7 million in the same period of 2024, with a gross margin of 7.6% (19.3% excluding A-10 Program impact) compared to 21.7%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/889348/000199937125011680/ex99-1.htm"></span></li></ul><h3>Net Income</h3><ul><li>The net loss for the second quarter of 2025 was - $1.3 million, compared to a net income of $1.4 million in the second quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/889348/000199937125011680/ex99-1.htm"></span></li><li>For the first six months of 2025, the net loss was - $2.6 million, compared to a net income of $1.6 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/889348/000199937125011680/ex99-1.htm"></span></li></ul><h3>Earnings Per Share</h3><ul><li>Loss per share for the second quarter of 2025 was - $0.10, compared to earnings per share of $0.11 in the second quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/889348/000199937125011680/ex99-1.htm"></span></li><li>For the first six months of 2025, loss per share was - $0.21, compared to earnings per share of $0.13 in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/889348/000199937125011680/ex99-1.htm"></span></li></ul><h3>Adjusted EBITDA</h3><ul><li>Adjusted EBITDA for the second quarter of 2025 was - $1.7 million ($0.6 million excluding A-10 Program impact), compared to $2.6 million in the second quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/889348/000199937125011680/ex99-1.htm"></span></li><li>For the first six months of 2025, Adjusted EBITDA was - $2.5 million ($2.0 million excluding A-10 Program impact), compared to $3.8 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/889348/000199937125011680/ex99-1.htm"></span></li></ul><h3>Debt</h3><ul><li>Total debt as of June 30, 2025, was $16.2 million, reduced from $18.9 million as of June 30, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/889348/000199937125011680/ex99-1.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>CPI Aerostructures, Inc. is focused on optimizing its portfolio and transitioning from legacy programs to future programs, with a strong backlog of $506 million, including new program awards from major clients like Raytheon and Lockheed.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/889348/000199937125011680/ex99-1.htm"></span></li><li>The company aims to capitalize on growth opportunities by leveraging long-standing customer relationships.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/889348/000199937125011680/ex99-1.htm"></span></li><li>Management is addressing a material weakness in internal control over financial reporting, which they believe does not affect the financial results for the second quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/889348/000199937125011680/ex99-1.htm"></span></li></ul>

CPI Aerostructures, Inc. | 8-K: FY2025 Q2 Revenue: USD 15.18 M