Frequency Electronics, Inc. is a provider of precision time and frequency technology. The Company operates under three segments: FEI-NY, Gillam-FEI and FEI-Zyfer. The Company's FEI-NY segment operates out of New York and its operations consist principally of precision time and frequency control products used in three principal markets: communication satellites (both commercial and the United States Government-funded); terrestrial cellular telephone or other ground-based telecommunication stations, and other components and systems for the United States military. The Company's Gillam-FEI segment operates out of Belgium and France and primarily sells wireline synchronization and network management systems in non-United States markets. The Company's FEI-Zyfer operates out of California and its products integrate global positioning system (GPS) technologies into systems and subsystems for secure communications, both government and commercial and other locator applications.
Company Growth (employees)
Frequency Electronics is headquartered in Uniondale, US
Frequency Electronics Office Locations
Frequency Electronics has an office in Uniondale
Frequency Electronics Data and Metrics
Frequency Electronics Financial Metrics
Frequency Electronics's revenue was reported to be $60.4 m in FY, 2016 which is a 21% decrease from the previous period.
USD
Revenue (FY, 2016) | 60.4 m |
Revenue growth (FY, 2015 - FY, 2016), % | (21%) |
Gross profit (FY, 2016) | 20.4 m |
Gross profit margin (FY, 2016), % | 34% |
Net income (FY, 2016) | 1 m |
EBIT (FY, 2016) | 1.3 m |
Market capitalization (21-Jul-2017) | 78.1 m |
Cash (30-Apr-2016) | 6.1 m |
Frequency Electronics's current market capitalization is $78.1 m.
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Revenue | 71.6 m | 76.6 m | 60.4 m |
Revenue growth, % | 7% | (21%) | |
Cost of goods sold | 53 m | 40 m | |
Gross profit | 24.8 m | 23.5 m | 20.4 m |
Gross profit Margin, % | 35% | 31% | 34% |
R&D expense | 5.9 m | ||
General and administrative expense | 13.2 m | ||
Operating expense total | 19.1 m | ||
EBIT | 4.9 m | 3.7 m | 1.3 m |
EBIT margin, % | 7% | 5% | 2% |
Interest expense | 139 k | 131 k | |
Pre tax profit | 4.5 m | 2.1 m | |
Income tax expense | 1.7 m | 1.1 m | |
Net Income | 4 m | 2.8 m | 1 m |
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Cash | 7.7 m | 7.2 m | 6.1 m |
Inventories | 41.3 m | ||
Current Assets | 87.9 m | 83.6 m | 84.3 m |
Total Assets | 119.5 m | 117.8 m | 120.2 m |
Accounts Payable | 6.7 m | ||
Current Liabilities | 9.7 m | 8.4 m | 8.8 m |
Total Liabilities | 26.9 m | ||
Additional Paid-in Capital | 53.2 m | 54.4 m | 55.6 m |
Retained Earnings | 24.7 m | 27.5 m | 28.5 m |
Total Equity | 88.3 m | 91.8 m | 93.4 m |
Financial Leverage | 1.4 x | 1.3 x | 1.3 x |
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Net Income | 4 m | 2.8 m | 1 m |
Depreciation and Amortization | 2.5 m | 2.9 m | 2.7 m |
Accounts Receivable | (1.6 m) | (3.2 m) | (1.7 m) |
Inventories | (3.1 m) | 1.3 m | (3.3 m) |
Cash From Operating Activities | 3.6 m | 1.9 m | 2.9 m |
Capital Expenditures | (5.4 m) | (4.2 m) | (3.4 m) |
Cash From Investing Activities | (3.6 m) | 1.2 m | (3.5 m) |
Cash From Financing Activities | 4.3 m | (3.9 m) | 141 k |
Interest Paid | 153 k | 140 k | 128 k |
Income Taxes Paid | 1.7 m | 1.9 m | 1.3 m |
Free Cash Flow | 9 m | 6 m | (514 k) |
| USD | Y, 2016 |
|---|---|
Revenue/Employee | 140.5 k |
Financial Leverage | 1.3 x |
