← NORTECH SYSTEMS INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $116.6m |
$112.3m
-3.68%
|
$113.4m
+0.92%
|
$116.3m
+2.61%
|
$104.1m
-10.51%
|
$115.2m
+10.63%
|
$134.1m
+16.46%
|
$139.3m
+3.88%
|
$128.1m
-8.04%
|
$118.4m
-7.62%
|
$121.8m
+2.89%
|
|
| Cost of Revenue | $102.8m |
$100.2m
-2.50%
|
$100.1m
-0.16%
|
$103.8m
+3.70%
|
$95.7m
-7.81%
|
$99.3m
+3.82%
|
$113.6m
+14.44%
|
$116.2m
+2.27%
|
$111.4m
-4.14%
|
$100.4m
-9.92%
|
$102.2m
+1.79%
|
|
| Gross Profit | $13.8m |
$12.1m
-12.45%
|
$13.3m
+9.85%
|
$12.6m
-5.52%
|
$8.5m
-32.77%
|
$15.9m
+87.63%
|
$20.5m
+29.10%
|
$23.1m
+12.81%
|
$16.7m
-27.62%
|
$18.0m
+7.68%
|
$19.6m
+9.02%
|
|
| Research and Development Expense | — | — | — | — | $0 | $483k | $1.5m | $1.2m | $1.2m | $1.2m | $1.2m | |
| General and Administrative Expense | $8.3m | $8.1m | $8.4m | $9.6m | $8.0m | $10.0m | $11.4m | $12.4m | $11.7m | $10.8m | $10.9m | |
| Amortization of Intangible Assets | $191k | $237k | $219k | $219k | $191k | $176k | $150k | $159k | $89k | $18k | — | |
| Operating Expenses | $13.2m | $13.4m | $12.1m | $12.4m | $9.1m | $13.6m | $16.6m | $17.2m | $16.9m | $17.0m | $17.0m | |
| Operating Income (Loss) | $629k |
($1.3m)
-301.63%
|
$1.2m
+198.47%
|
$224k
-82.07%
|
($616k)
-375.00%
|
$2.3m
+468.83%
|
$3.9m
+71.13%
|
$6.0m
+53.11%
|
($195k)
-103.28%
|
$975k
+600.00%
|
$2.6m
+170.26%
|
|
| Foreign Currency Transaction Gain (Loss), before Tax | ($82k) | ($192k) | ($170k) | $11k | $32k | $131k | $42k | $54k | $137k | $120k | — | |
| Interest Expense (non-operating) | $550k | $628k | $757k | $1.0m | $620k | $430k | $411k | $487k | $744k | $964k | $1.0m | |
| Nonoperating Income (Expense) | — | — | — | — | — | $5.7m | ($411k) | ($487k) | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $486k | ($2.8m) | ($1.1m) | ($1.5m) | ($2.1m) | $6.1m | $990k | $3.3m | $195k | $975k | $1.6m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $79k | ($2.1m) | $492k | ($819k) | ($1.2m) | $8.0m | $3.5m | $5.5m | ($939k) | $11k | $1.6m | |
| Income Tax Expense (Benefit) | $35k | $375k | $326k | $409k | $310k | $859k | $1.5m | ($1.4m) | $356k | $263k | $599k | |
| Net Income (Loss) Attributable to Parent | $44k |
($2.4m)
-5687.28%
|
$166k
+106.79%
|
($1.2m)
-839.76%
|
($1.5m)
-25.90%
|
$7.2m
+562.74%
|
$2.0m
-71.90%
|
$6.9m
+241.99%
|
($1.3m)
-118.84%
|
($252k)
+80.54%
|
$1.0m
+508.73%
|
|
| Earnings Per Share, Basic | $0.02 | ($0.89) | $0.06 | ($0.46) | ($0.58) | $2.68 | $0.75 | $2.53 | ($0.47) | ($0.09) | $0.38 | |
| Earnings Per Share, Diluted | $0.02 | ($0.89) | $0.06 | ($0.46) | ($0.58) | $2.54 | $0.70 | $2.38 | ($0.47) | ($0.09) | $0.38 | |
| Preferred Stock, Dividends Per Share, Declared | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.68 | $0.00 | $0.00 | $0.00 | $0.00 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 2.7m | 2.7m | 2.7m | 2.7m | 2.7m | 2.7m | 2.7m | 2.7m | 2.8m | 2.8m | 2.8m | |
| Weighted Average Number of Shares Outstanding, Diluted | 2.7m | 2.7m | 2.7m | 2.7m | 2.7m | 2.8m | 2.9m | 2.9m | 2.8m | 2.8m | 2.8m | |
| Additional Financial Items | ||||||||||||
| Goodwill, Impairment Loss | — | $908k | $0 | — | $2.4m | $0 | — | — | — | — | — | |
| Selling Expense | $4.9m | $4.7m | $3.6m | $2.7m | $2.5m | $2.4m | $3.7m | $3.6m | $3.4m | $4.8m | — |