Company: SIF
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0000090168-25-000025
Chunk: 0

Company: SIFCO INDUSTRIES INC
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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1.05)  
  Basic and diluted (loss) earnings per share from discontinued operations      ( 0.01)                                   0.11                    0.01                      0.21                
  Basic and diluted loss per share                                              $                        ( 0.23)             $       ( 0.27)      $                            $       ( 0.84)  
  Weighted-average number of common shares (basic)                                                         6,068                       6,009                                             5,983  
  Weighted-average number of common shares (diluted)                                                       6,068                       6,009                                             5,983  

See notes to unaudited consolidated condensed financial statements.

SIFCO Industries, Inc. and Subsidiaries

Consolidated Condensed Statements of Comprehensive Income (Loss)

(Unaudited)

(Amounts in thousands)

                                                                       Three Months Ended                                              Six Months Ended                          
                                                                       March 31,                                                       March 31,                                 
                                                                       2025                                  2024                      2025                                2024  
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Net loss                                                             $                       ( 1,392)      $           ( 1,590)      $                     ( 3,708)      $     
  Other comprehensive income (loss):                                                                                                                                             
  Foreign currency translation adjustment, net of tax                  —                                     ( 128)                    —                                   125   
  Reclassification of foreign translation adjustments to net loss      —                                     —                                                  5,554      —     
  Retirement plan liability adjustment, net of tax                     22                                    43                        45                                  86    
  Other                                                                —                                     —                         ( 2)                                1     
  Comprehensive (loss) income                                          $                       ( 1,370)      $           ( 1,675)      $                        1,889      $     

See notes to unaudited consolidated condensed financial statements.

SIFCO Industries, Inc. and Subsidiaries

Consolidated Condensed Balance Sheets

(Unaudited)

(Amounts in thousands, except per share data)

                                                                                                                                                               March 31,                  September 30,               
  ASSETS                                                                                                                                                                                                              
  Current assets:                                                                                                                                                                                                     
  Cash and cash equivalents                                                                                                                                    $               1,922      $                    1,714  
  Receivables, net of allowance for credit losses of $ 154 and $