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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Revenue        
Revenues $ 10,398 $ 9,842 $ 32,566 $ 34,171
Cost of Sales        
Cost of goods and services 7,695 7,384 24,489 24,756
Gross Margin 2,703 2,458 8,077 9,415
Operating Expenses:        
General and administrative 2,351 2,248 6,326 6,472
Selling 204 160 639 526
Research and development 89 87 305 311
Loss on disposal of property, plant and equipment 0 0 72 7
Total operating expense 2,644 2,495 7,342 7,316
Income / (Loss) from Operations 59 (37) 735 2,099
Other Income / (Expenses)        
Interest expense (17) (29) (63) (83)
Other income / (expense), net 252 40 366 (49)
Government grant 12 83 89 108
Total other income / (expense) 247 94 392 (24)
Income from Continuing Operations before Income Taxes 306 57 1,127 2,075
Income Tax Expenses (142) (8) (274) (474)
Income from Continuing Operations before Non-controlling Interest, Net of Tax 164 49 853 1,601
Discontinued Operations        
(Loss) / Income from discontinued operations, net of tax (1) 5 3 (4)
Net Income 163 54 856 1,597
Less: net income attributable to non-controlling interest 93 61 49 215
Net Income / (Loss) Attributable to Trio-Tech International Common Shareholders 70 (7) 807 1,382
Amounts Attributable to Trio-Tech International Common Shareholders:        
Income / (Loss) from continuing operations, net of tax 71 (10) 801 1,384
(Loss) / Income from discontinued operations, net of tax (1) 3 6 (2)
Net Income / (Loss) Attributable to Trio-Tech International Common Shareholders $ 70 $ (7) $ 807 $ 1,382
Basic Earnings per Share:        
Basic earnings per share from continuing operations attributable to Trio-Tech International (in dollars per share) $ 0.02 $ 0 $ 0.19 $ 0.34
Basic earnings per share from discontinued operations attributable to Trio-Tech International (in dollars per share) 0 0 0 0
Basic Earnings per Share from Net Income Attributable to Trio-Tech International (in dollars per share) 0.02 0 0.19 0.34
Diluted Earnings per Share:        
Diluted earnings per share from continuing operations attributable to Trio-Tech International (in dollars per share) 0.02 0 0.19 0.33
Diluted earnings per share from discontinued operations attributable to Trio-Tech International (in dollars per share) 0 0 0 0
Diluted Earnings per Share from Net Income Attributable to Trio-Tech International (in dollars per share) $ 0.02 $ 0 $ 0.19 $ 0.33
Weighted average number of common shares outstanding        
Basic (in shares) 4,176 4,075 4,131 4,075
Dilutive effect of stock options (in shares) 106 84 143 86
Number of shares used to compute earnings per share diluted (in shares) 4,282 4,159 4,274 4,161
Manufacturing [Member]        
Revenue        
Revenues $ 4,813 $ 2,963 $ 12,488 $ 11,592
Cost of Sales        
Cost of goods and services 3,594 2,451 9,252 8,825
Testing Services [Member]        
Revenue        
Revenues 3,796 5,697 13,606 17,709
Cost of Sales        
Cost of goods and services 2,601 3,940 9,849 11,813
Distribution [Member]        
Revenue        
Revenues 1,783 1,179 6,453 4,855
Cost of Sales        
Cost of goods and services 1,482 975 5,334 4,064
Real Estate Segment [Member]        
Revenue        
Revenues 6 3 19 15
Cost of Sales        
Cost of goods and services $ 18 $ 18 $ 54 $ 54