CPI Aerostructures, Inc. (CVU)

From the record

CPI Aerostructures, Inc.'s filings since 2017 show 29 warning events of 4 kinds: a notice about its exchange listing (8-K item 3.01, 5 times, the latest 2022-05-20); a warning not to rely on past financial statements (8-K item 4.02, 5 times, the latest 2024-04-03); an auditor change (8-K item 4.01, 3 times, the latest 2025-04-25); a late-report notice (Form NT 10-K or NT 10-Q, 16 times, the latest 2025-08-14) (its current reports).

From the record

CPI Aerostructures, Inc.'s 8 filed years say what it did: revenue went from $70 million in fiscal 2018 to $69 million in fiscal 2025, down 0.2% a year; it rose in 4 of 7 years; the deepest fall was 33% from fiscal 2021 to fiscal 2025; net income was positive in 4 of 8 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, CPI Aerostructures, Inc.'s diluted share count grew about 1.1% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, CPI Aerostructures, Inc. lost about 3 cents for every dollar of shareholders' money, and gross profitability: its products earned about 14 cents per dollar of everything the company owns. Leverage: it owed about 66 cents per dollar of assets, and net share issuance: its share count grew 0.6% over the year (the filed statements).

From the record

CPI Aerostructures, Inc.'s standing among 11 graded names in its industry family: revenue of $69 million in fiscal 2025 ranks in the bottom 25% by size; a net margin of -1.2% ranks in the bottom 41%; revenue growth of -6% a year over the last 3 filed years ranks in the bottom 5% (its annual reports).

From the record

CPI Aerostructures, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Hakim, Dorith (CEO and President, as filed), filing under that title since 2022-03-11, 4.7 years (top 50% of its family); the 8 officers and directors filing in the last fifteen months have been on the record a median of 5.4 years (bottom 25%); 7 officer or director changes were reported on Form 8-K since 2023-11-13, against the 8 people in charge now (bottom 15%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

CPI Aerostructures, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash from operations less capital spending is -7.6% of revenue (bottom 41%); a gross margin of 15.2% (bottom 14%) (its annual report).

From the record

CPI Aerostructures, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -6% a year over the last three filed years against -0.2% over all 8, slowing (bottom 5% of its family); the newest year grew -14.6% (bottom 5%); capital spending grew 16.8% a year (bottom 45%) (its annual reports). CPI Aerostructures, Inc. reported 3 product lines in fiscal 2025: Government Subcontracts at $56 million (80%), Prime Government Contracts at $7 million (11%), Commercial Contracts at $6 million (9%); 1 of 3 grew against the year before (its annual report).

From the record

CPI Aerostructures, Inc.'s newest year against its own record: revenue of $69 million in fiscal 2025 came in 13.4% below the $80 million its prior three years' pace pointed to (bottom 25% of its family); net income of $843 thousand against a prior three-year average of $10 million (bottom 15%); a net margin of -1.2% against 11.7% before (bottom 5%) (its annual reports).