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Steel Connect Inc (STCN)

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12.130 +0.290 +2.45%

16:00:00 - Closed. Currency in USD ( Disclaimer )

Type: Equity

Market: United States

Volume: 173,270
Bid/Ask: 0.000 / 0.000
Day's Range: 11.710 - 12.250

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NASDAQ:STCN Financials

A brief overview of the NASDAQ:STCN financials. This summary provides an overview of the most significant critical numbers from each of its financial reports, including the income statement, balance sheet, and cash flow statement. Additionally, it features several financial ratios that provide insight into the company's financial health. Users can select to view data from four periods of either annual or quarterly information, allowing them to track financial performance of ModusLink over time.

Steel Connect, Inc. reported earnings results for the second quarter and six months ended January 31, 2024. For the second quarter, the company reported sales was USD 43.05 million compared to USD 50.78 million a year ago. Net income was USD 5.35 million compared to net loss of USD 0.526 million a year ago. Basic earnings per share from continuing operations was USD 0.18 compared to basic loss per share from continuing operations of USD 0.16 a year ago. Diluted earnings per share from continuing operations was USD 0.18 compared to diluted loss per share from continuing operations of USD 0.16 a year ago.For the six months, sales was USD 84.39 million compared to USD 102.14 million a year ago. Net income was USD 9.78 million compared to USD 4.43 million a year ago. Basic earnings per share from continuing operations was USD 0.33 compared to USD 0.52 a year ago. Diluted earnings per share from continuing operations was USD 0.33 compared to USD 0.52 a year ago.

Annual Quarterly

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Advanced Financial Summary

TTM = Trailing Twelve Months

MRQ = Most Recent Quarter

STCN Income Statement

Gross margin TTM 27.34%

Operating margin TTM 3.2%

Net Profit margin TTM 12.23%

Return on Investment TTM 2.22%

Total Revenue Net Income

Period Ending:	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023
Total Revenue	43.04	41.34	40.8	46.14
Gross Profit	11.35	11.48	10.99	13.02
Operating Income	1.72	1.8	1.56	0.402
Net Income	5.35	4.44	8.15	3.03

STCN Balance Sheet

Quick Ratio MRQ 4.05

Current Ratio MRQ 4.25

LT Debt to Equity MRQ -

Total Debt to Equity MRQ 49.21%

Total Assets Total Liabilities

Period Ending:	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023
Total Assets	412.72	410.6	411.18	150.94
Total Liabilities	97.62	101.19	104.82	118.65
Total Equity	315.1	309.4	306.36	32.29

STCN Cash Flow Statement

Cash Flow/Share TTM 2.35

Revenue/Share TTM 27.58

Operating Cash Flow 0.10%

Cash Net Change in Cash

Period Ending:	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023
Period Length:	0 Months	0 Months	0 Months	0 Months
Cash From Operating Activities	0.078	6.58	8.52	-0.588
Cash From Investing Activities	0.165	150.08	52.84	1.59
Cash From Financing Activities	-0.537	-0.536	-3.82	-1.67
Net Change in Cash	0.251	155.25	57.51	-0.885

* In Millions of USD (except for per share items)

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View advanced insights on financial statements, including growth rates and metrics that provide an in-depth view of the company's historical and forecasted financial performance.

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STCN Comments

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Robert Strougo Feb 06, 2022 2:16AM ET

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Takeover by splp is inevitable. At much higher price

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ridzuan jalil Jan 28, 2021 12:29PM ET

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1.72

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SquadW Jan 24, 2021 6:10PM ET

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this stock is trash

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scovit Jan 24, 2021 6:10PM ET

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Agreed. Man, I lost money on this stock. Had to re-divest. All MCash Fault. Don't trust that dude anymore.

1 0

ridzuan jalil Jan 22, 2021 11:06AM ET

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2.42

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Anil Baris Jan 20, 2021 3:41PM ET

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what shall be the resistance level?

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Boomshakalaka Aaron Jan 20, 2021 11:41AM ET

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Mcash created the boom with his video. He made $

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Amit Dahiya Jan 20, 2021 11:41AM ET

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It was up 70% in pre market before any video launched

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Eric Bengts Jan 20, 2021 9:53AM ET

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Anyone knows about news, why the boom ?

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Bullybearz Jan 20, 2021 9:53AM ET

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look for MCASH on YT.. it may be one of the reasons.

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Shor The Bull May 07, 2020 2:48PM ET

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Great entry on STCN

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Bradley Emmett May 07, 2020 2:48PM ET

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why

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Dan Harris Apr 30, 2018 9:36AM ET

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not sure. everything looks decent on there books...until you get to cash flow. lots of borrowing.

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rleplae Dec 19, 2017 4:08AM ET

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Anybody any guess what the price will do in 2018 now that finally the NOLS will be used ?

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