Frequency Electronics

Frequency Electronics is a provider of precision time and frequency technology, which is employed in commercial, government, command, control, communication, computer, intelligence, security and reconnaissance and other military electronic systems. The Company operates in three segments: FEI-NY, Gillam-FEI, and FEI-Zyfer. Its technology is used for a range of terrestrial and space applications.

Company Growth (employees)
Type
Public
HQ
Uniondale, US
Founded
1961
Size (employees)
320 (est)
Frequency Electronics was founded in 1961 and is headquartered in Uniondale, US

Key People/Management at Frequency Electronics

Martin Bloch

Martin Bloch

President, CEO and Director
Steven Bernstein

Steven Bernstein

Chief Financial Officer
Stanton Sloane

Stanton Sloane

Chief Operating Officer
James Davis

James Davis

President, FEI-Elcom Tech, Inc.
Oleandro Mancini

Oleandro Mancini

Sr. Vice President, Business Development
Thomas McClelland

Thomas McClelland

Vice President, Advanced Development
Adrian Lalicata

Adrian Lalicata

Vice President, RF & Microwave Systems
Steven Strang

Steven Strang

President, FEI-Zyfer

Frequency Electronics Office Locations

Frequency Electronics has an office in Uniondale
Uniondale, US (HQ)
55 Charles Lindbergh Blvd
Show all (1)

Frequency Electronics Financials and Metrics

Frequency Electronics Financials

Frequency Electronics's revenue was reported to be $50.4 m in FY, 2017
USD

Revenue (Q2, 2018)

9.3 m

Gross profit (Q2, 2018)

2.2 m

Gross profit margin (Q2, 2018), %

24%

Net income (Q2, 2018)

(1.5 m)

EBIT (Q2, 2018)

(1.9 m)

Market capitalization (23-Feb-2018)

89.1 m

Cash (31-Oct-2017)

11 m
Frequency Electronics's current market capitalization is $89.1 m.
USDFY, 2015FY, 2016FY, 2017

Revenue

76.6 m55.4 m50.4 m

Revenue growth, %

7%(28%)(9%)

Cost of goods sold

53 m36.1 m39.1 m

Gross profit

23.5 m19.3 m11.2 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

19.7 m19.2 m18.4 m16.7 m16 m13.5 m12.7 m12.9 m12.8 m12 m9.3 m

Cost of goods sold

14.1 m12.6 m12.5 m10.9 m10.8 m8.8 m8.6 m8.8 m9.1 m7.5 m7.1 m

Gross profit

5.7 m6.7 m5.9 m5.8 m5.2 m4.7 m4.1 m4.1 m3.7 m4.5 m2.2 m

Gross profit Margin, %

29%35%32%35%33%35%32%32%29%38%24%
USDFY, 2015FY, 2016FY, 2017

Cash

7.2 m5.8 m2.2 m

Accounts Receivable

9.7 m7.2 m11 m

Prepaid Expenses

1.3 m1.1 m1.1 m

Inventories

38.2 m36.3 m29.1 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

4.5 m6.4 m6.1 m5.9 m4.1 m7.1 m4 m4.1 m3.1 m10.9 m11 m

Accounts Receivable

14.7 m12.9 m12.2 m10 m12.5 m9.2 m9.5 m9.2 m7.6 m8.1 m7.1 m

Prepaid Expenses

1.2 m1.3 m2.1 m1.2 m1.3 m1.1 m1.2 m1.2 m1.2 m890 k1.2 m

Inventories

42.8 m41.3 m41 m39.1 m38.8 m40.7 m42.6 m41.8 m41.2 m30.5 m31.2 m
    USDFY, 2015FY, 2016FY, 2017

    Net Income

    2.8 m1 m(4.8 m)

    Depreciation and Amortization

    2.9 m2.5 m2.6 m

    Accounts Receivable

    (3.2 m)(911 k)(3.6 m)

    Inventories

    1.3 m(3.7 m)2.2 m
    USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

    Net Income

    719 k1.3 m878 k891 k822 k1.1 m(706 k)(1.7 m)(1.4 m)614 k(867 k)

    Cash From Operating Activities

    (5.6 m)(2.5 m)(791 k)(1.8 m)(2.9 m)2 m(571 k)(2.5 m)2.6 m3.2 m2.8 m

    Purchases of PP&E

    (1.2 m)(3.1 m)(3.6 m)(606 k)(1.3 m)1.6 m(1.1 m)(2.4 m)(3.8 m)(450 k)(883 k)

    Cash From Investing Activities

    59 k(408 k)608 k(65 k)(767 k)(1.8 m)(1.1 m)(1.4 m)53 k5.8 m5.6 m
    USDY, 2017

    Revenue/Employee

    29.2 k

    Financial Leverage

    1.3 x
    Show all financial metrics

    Frequency Electronics Operating Metrics

    Frequency Electronics's Backlog was reported to be $21 m in Q2, 2018
    FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018

    Backlog

    $37 m$27 m$23 m$22 m$32 m$36 m$39 m$42 m$28 m$23 m$21 m

    Locations

    664
    Show all operating metrics

    Frequency Electronics Acquisitions / Subsidiaries

    Acquired CompanyDateDeal Size
    Satel-FEI, s.a.
    FEI Zyfer, Inc.
    Gillam-FEI, s.a.
    Frequency Electronics, Inc. Asia
    Frequency Electronics, Inc.
    FEI Communications, Inc.
    FEI Government Systems, Inc.
    Monitor Corp. (Inactive)
    FEI-Elcom Tech, Inc.
    FEI Realty, Inc. (Inactive)
    Elcom TechnologiesFebruary 21, 2012$7.8 m
    FEI-ZyferMay 12, 2003$2.3 m
    Gillam-FEI SAAugust 30, 2000

    Frequency Electronics Market Value History

    Frequency Electronics Revenue Breakdown

    Frequency Electronics's Web-traffic and Trends

    Frequency Electronics Online and Social Media Presence

    Frequency Electronics Company Life and Culture

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