AATC AUTOSCOPE TECHNOLOGIES CORP

Overview and Growth

Fiscal 2021 results for AUTOSCOPE TECHNOLOGIES CORP combined $8.50M of revenue with net income of $2.29M and an operating cash inflow of $2.56M. Revenue of $8.50M sets the scale for evaluating how effectively sales translated into profit and cash during the year. Compared with $8.30M in fiscal 2020, revenue recorded a 2.4% year-over-year increase. On a per-share basis, diluted EPS was $0.43, which connects the reported earnings outcome with the company’s diluted share count. Diluted EPS increased by 115.0% from $0.20 in fiscal 2020, showing how the earnings change reached shareholders on a per-share basis.

Profitability

The first profit layer was $10.23M of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. Gross margin was 120.4%, so that share of each revenue unit remained after the cost of revenue reported for the period. Operating income was $2.27M, the earnings remaining from reported operations after the company’s recognized operating cost structure. The operating result equaled 26.7% of revenue, placing the absolute operating-income figure in the context of the company’s sales base. Net income came to $2.29M, completing the progression from revenue through gross and operating profitability to the final reported result. Net margin was 27.0%, meaning that this portion of revenue remained as net income after all recognized expenses. Before income taxes, the company reported $3.20M of earnings, providing a bridge between the operating result and final net income. Pretax income represented 37.6% of revenue, placing earnings before tax in the context of the company’s operating scale. Income tax expense totaled $905.00K, providing the reported tax component that separates pretax and after-tax earnings. The effective relationship between income tax and positive pretax income was 28.3%, without assuming a statutory-rate comparison.

Liquidity and Capital Structure

Total assets were $22.37M, supported by $2.57M of liabilities and $19.79M of shareholder equity. Current assets were $12.38M against $899.00K of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. Current assets covered current liabilities by 13.77x, leaving a positive buffer for near-term obligations. Reported cash and equivalents were $8.23M, separating immediately recognizable cash resources from the rest of the current-asset base. Measured only with cash and equivalents, coverage of current liabilities was 915.4%, excluding receivables and other current assets. Total debt was $1.73M, establishing the amount of borrowing carried within the company’s capital structure. Debt equaled 0.09x of book equity, describing the relative scale of borrowing and shareholder capital. Relative to total assets, debt measured 7.7%, showing how much of the asset base was matched by borrowing. The liabilities-to-assets relationship was 11.5%, placing reported obligations against the full positive asset balance. Cash and equivalents equaled 36.8% of total assets, showing the liquid cash component within the company’s broader resource base.

Cash Flow and Earnings Quality

The company reported $2.56M of operating cash flow, a cash inflow that shows the cash generated by operations. The operating-cash-flow-to-net-income relationship was 1.12x, comparing cash generated by operations with the bottom-line earnings result. The cash-flow statement records $2.09M of capital expenditures, the investment amount considered after operating cash generation. Capital expenditures represented 81.5% of operating cash flow, leaving the remainder available as free cash flow. The combination of operating cash flow and capital spending produced $475.00K of positive free cash flow for the period. Free cash flow represented 5.6% of revenue, linking post-investment cash generation with the company’s operating scale. Free cash flow equaled 2.1% of total assets, relating post-investment cash generation to the company’s resource base.

Based on the annual report for the fiscal year ending Dec 31, 2021. Analysis generated Sep 24, 2026.