Page 171 - NobleCon20-Book-Project

Titan International, Inc.

SELECTED FINANCIAL ITEMS TWI

(in millions of USD)
CQ4 '23 CQ1 '24 CQ2 '24 CQ3 '24 LTM
Income Statement Key Items
Total Revenue 390.20 482.21 532.17 447.99 1,852.56
Gross Profit 55.88 74.34 78.33 56.54 265.09
Gross Margin 14% 15% 15% 13% 14%
EBIT 20.43 31.57 22.62 3.14 77.75
EBIT Margin 5% 7% 4% 1% 4%
Net Income to Common Shareholders (1.28) 9.97 3.42 (18.20) (6.09)
Net Margin 0% 2% 1% -4% 0%

Balance Sheet Key Items
Total Assets 1,289.25 1,813.60 1,734.07 1,686.72 1,686.72
Cash & Short Term Investments 220.25 203.63 224.10 227.29 227.29
% of Assets 17% 11% 13% 13% 13%
Current Assets -Total 876.78 1,155.14 1,092.48 1,025.74 1,025.74
% of Assets 68% 64% 63% 61% 61%
Total Liabilities 821.83 1,182.66 1,120.45 1,088.67 1,088.67
% of Assets 64% 65% 65% 65% 65%
Current Liabilities - Total 372.38 495.06 454.28 431.30 431.30
% of Assets 29% 27% 26% 26% 26%
Long Term Debt 409.18 554.44 535.91 503.43 503.43
% of Assets 32% 31% 31% 30% 30%
Total Equity 467.42 630.94 613.62 598.05 598.05
% of Assets 36% 35% 35% 35% 35%

Cash Flow Statement Key Items
Net Cash Flow - Operating Activities 39.24 2.01 70.84 59.91 172.00
Net Cash Flow - Investing (17.24) (158.76) (12.51) (17.76) (206.27)
Net Cash Flow - Financing (16.02) 145.71 (31.83) (40.82) 57.03

Source: Capital IQ

PRICE / VOLUME

Source: Channelchek/QuoteMedia

Noble Capital Markets' Twentieth Annual Small & Microcap Investor Conference