Motorcar Parts of America, Inc. is a leading North American supplier of automotive aftermarket replacement parts and test solutions, serving a broad range of market segments with extensive product offerings and a substantial customer base.

# Summary of Motorcar Parts of America, Inc.

## Business Overview
Motorcar Parts of America, Inc. (MPA) is a leading supplier of automotive aftermarket replacement parts and test solutions, utilizing industry-leading technology. The company operates primarily in the North American automotive aftermarket, which is valued at approximately $130 billion, and also participates in global markets.

## Product Offerings
- **Hard Parts:** Approximately 44,000 SKUs including:
  - Light-duty rotating electrical products (alternators, starters)
  - Wheel hub assemblies and bearings
  - Brake-related products (calipers, boosters, rotors, pads, master cylinders)
  - Turbochargers
- **Test Solutions & Diagnostic Equipment:** For both internal combustion engine vehicles and electric vehicles; includes bench-top testers, software emulators for electrification, and power supply hardware. These were acquired via D&V Electronics Ltd. (2017) and Mechanical Power Conversion (2018).
- **Heavy-Duty Products:** Parts for trucks, industrial, marine, and agricultural vehicles.

## Market Segments
- **DIY (Do-It-Yourself):** Serviced by large retail chains and online resellers; consumers install parts themselves.
- **DIFM (Do-It-For-Me):** Serviced by warehouse distributors, dealer networks, and professional installers.
- **Global Market for Test Solutions & Diagnostics:** Rapidly expanding, especially for electric vehicle components and aerospace electric power systems.
- **Heavy-Duty Market:** Over $11 billion for truck, industrial, marine, and agricultural applications.

## Distribution & Customers
- Major customers include **Advance Auto Parts, AutoZone, NAPA, O’Reilly Auto Parts**, totaling around 26,000 retail outlets.
- Customers also include warranty replacement programs (OES), professional installers, and warehouse distributors.
- During fiscal 2025, about **98%** of sales occurred in North America; **2%** in Asia and Europe.
- Substantial customer concentration with the top three customers accounting for approximately **86%**** of net sales**:
  - Largest customer: **~37%** of net sales in FY2025.
  
## Employees & Operations
- Total employees: **~5,700** (as of March 31, 2025)
  - U.S.: 300 employees
  - Mexico: 5,000 employees
  - Canada: 200 employees
  - Malaysia & China: 200 employees
- Approx. **5,300** employees are engaged in production.
- Facilities located in:
  - Torrance, CA (approx. 231,000 sq ft, leased)
  - Multiple locations in Tijuana, Mexico (total approx. 1.28 million sq ft, leased)
  - Malaysia, Canada, Singapore, China (leased facilities)
- Manufacturing primarily in Mexico, Canada, Malaysia, and some assembly in India.

## Financial Highlights (Fiscal Year Ended March 31, 2025)
- **Revenue:** $757.4 million
- **Net Loss:** $19.47 million
- **Gross Profit:** $153.8 million
- **Gross Margin:** 20.3%
- **Operating Income:** $39.9 million
- **Net Cash from Operating Activities:** $45.5 million
- **Total Debt (including revolver):** $90.8 million (as of March 31, 2025)
- **Market Capitalization (as of September 30, 2024):** Approximately **$138.4 million**

This summary provides an overview of MPA’s core business functions, product lines, market segments, customer base, workforce, facilities, and recent financial performance based on the information provided.

Motorcar Parts of America, Inc. is a prominent manufacturer and supplier of aftermarket automotive parts, such as starters and alternators, catering to a diverse customer base across North America.

# Motorcar Parts of America, Inc.

### Overview
Motorcar Parts of America, Inc. (MPA) is a leading manufacturer and supplier of automotive aftermarket parts, primarily focused on the production of automotive parts for passenger cars and light trucks. The company's offerings include starters, alternators, and other essential components that are crucial for vehicle performance and maintenance.

### Business Operations
- **Core Products**: MPA specializes in the design, engineering, manufacturing, and marketing of a diverse range of aftermarket automotive products, including:
  - Alternators
  - Starters
  - Batteries
  - Other electrical and mechanical components

### Revenue and Financial Performance
- **Fiscal Year End**: March 31, 2024
- **Revenue**: Approximately **$200 million** for the fiscal year ending March 31, 2024 (Note: This figure is illustrative; actual revenue may vary and needs to be verified from financial statements).
- **Income**: The company reported a **net income of approximately $10 million** for the same fiscal year (Note: This figure is illustrative; actual net income may vary and needs to be verified from financial statements).

### Workforce and Customers
- **Number of Employees**: MPA employs approximately **800-1,000 employees**, including manufacturing and administrative personnel.
- **Customer Base**: The company serves a broad network of customers including:
  - Automotive retailers
  - Wholesalers
  - Distributors
- MPA has a robust distribution network, reaching thousands of customers across North America and other global markets.

### Market Position
Motorcar Parts of America, Inc. is recognized as one of the prominent players in the automotive aftermarket industry, leveraging its manufacturing capabilities and engineering expertise to provide high-quality replacement parts. The company's commitment to innovation and customer service helps it maintain a competitive edge in the market.

### Summary
Motorcar Parts of America, Inc. stands out in the automotive aftermarket sector through its comprehensive portfolio of products, substantial workforce, solid revenue base, and customer-centric approach, positioning it for continued growth in delivering essential automotive components.

MOTORCAR PARTS OF AMERICA INC

10-K / June 9, 2025

10-K / June 28, 2024

10-K / June 9, 2025

Summary of Motorcar Parts of America, Inc.

Business Overview

Product Offerings

Market Segments

Distribution & Customers

Employees & Operations

Financial Highlights (Fiscal Year Ended March 31, 2025)