TAT Technologies Reports Fourth Quarter 2024 Results

Mr. Igal Zamir, CEO and President of TAT Technologies commented: “TAT Technologies continues to deliver solid execution, marking our ninth consecutive quarter of revenue growth and improved profitability. This positive momentum reflects the early impact of the strategic growth engines introduced over the past years, which we believe will continue to drive our results in the years ahead.”

“In the fourth quarter, we launched our strategic ‘Customer First’ initiative, which is our key goal for 2025,” continued Mr. Zamir. “Our commitment is to deliver exceptional customer service and best-in-class performance, even as the industry continues to face supply chain challenges. As part of this effort, we strategically increased our parts and rotatable inventory in areas where the supply chain is unstable, anticipating continued revenue growth in 2025. While this investment in inventory had a negative effect on our operational cash flow, it positions us to mitigate supply chain risks as we move forward”.

“Also in the fourth quarter, TAT won contracts and new orders totaling $47 million, increasing our backlog to a record high of $429 million, and validating our continued confidence in the company’s growth trajectory,” added Mr. Zamir.

“In 2024, we expanded our engagement with the US and Israeli investors community, which contributed to a successful $10 million overnight capital raise and a 153% increase in our share price. We remain optimistic about the outlook for 2025. In addition to pursuing continued revenue growth, we are advancing several initiatives toimprove our operational efficiency and our cost structure, which we expect to begin delivering results during 2025”

	Investor Presentation Q4 2024
	Press Release Q4 2024
	Form 20-F Annual Report 2024
	Fact Sheet March 2025
	Q4 2024 Conference Call