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
Total Revenue $116.6m $112.3m $113.4m $116.3m $104.1m $115.2m $134.1m $139.3m $128.1m $118.4m
Cost of Revenue $102.8m $100.2m $100.1m $103.8m $95.7m $99.3m $113.6m $116.2m $111.4m $100.4m
Gross Profit $13.8m $12.1m $13.3m $12.6m $8.5m $15.9m $20.5m $23.1m $16.7m $18.0m
Operating Expenses $13.2m $13.4m $12.1m $12.4m $9.1m $13.6m $16.6m $17.2m $16.9m $17.0m
Operating Income (Loss) $629k ($1.3m) $1.2m $224k ($616k) $2.3m $3.9m $6.0m ($195k) $975k
Additional Financial Items
Amortization of Intangible Assets $191k $237k $219k $219k $191k $176k $150k $159k $89k $18k
Foreign Currency Transaction Gain (Loss), before Tax ($82k) ($192k) ($170k) $11k $32k $131k $42k $54k $137k $120k
Goodwill, Impairment Loss $908k $0 $2.4m $0
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
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
Net Income (Loss) Attributable to Parent $44k ($2.4m) $166k ($1.2m) ($1.5m) $7.2m $2.0m $6.9m ($1.3m) ($252k)
Earnings Per Share, Basic $0.02 ($0.89) $0.06 ($0.46) ($0.58) $2.68 $0.75 $2.53 ($0.47) ($0.09)
Earnings Per Share, Diluted $0.02 ($0.89) $0.06 ($0.46) ($0.58) $2.54 $0.70 $2.38 ($0.47) ($0.09)
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
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
Interest Expense (non-operating) $744k $964k
General and Administrative Expense $8.3m $8.1m $8.4m $9.6m $8.0m $10.0m $11.4m $12.4m $11.7m $10.8m
Interest Expense $550k $628k $757k $1.0m $620k $430k $411k $487k $744k $964k
Nonoperating Income (Expense) $5.7m ($411k) ($487k)
Research and Development Expense $0 $483k $1.5m $1.2m $1.2m $1.2m
Selling Expense $4.9m $4.7m $3.6m $2.7m $2.5m $2.4m $3.7m $3.6m $3.4m $4.8m
Income Tax Expense (Benefit) $35k $375k $326k $409k $310k $859k $1.5m ($1.4m) $356k $263k