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)-17%
Frequency Electronics was founded in 1961 and is headquartered in Uniondale, US

Key People/Management at Frequency Electronics

Alan Miller

Alan Miller

CFO
Stanton Sloane

Stanton Sloane

COO
Sergio Díaz

Sergio Díaz

Corporate Director of Information Technology

Frequency Electronics Office Locations

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

Frequency Electronics Financials and Metrics

Frequency Electronics Financials

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

Revenue (Q1, 2018)

12 m

Gross profit (Q1, 2018)

4.5 m

Gross profit margin (Q1, 2018), %

38%

Net income (Q1, 2018)

614 k

EBIT (Q1, 2018)

180 k

Market capitalization (13-Nov-2017)

81.6 m

Cash (31-Jul-2017)

10.9 m
Frequency Electronics's current market capitalization is $81.6 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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

17 m18.2 m19.7 m19.2 m18.4 m16.7 m16 m13.5 m12.7 m12.9 m12.8 m12 m

Cost of goods sold

10.8 m12.1 m14.1 m12.6 m12.5 m10.9 m10.8 m8.8 m8.6 m8.8 m9.1 m7.5 m

Gross profit

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

Gross profit Margin, %

37%34%29%35%32%35%33%35%32%32%29%38%
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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

5.1 m8.6 m4.5 m6.4 m6.1 m5.9 m4.1 m7.1 m4 m4.1 m3.1 m10.9 m

Accounts Receivable

10 m12.5 m9.2 m9.5 m9.2 m7.6 m8.1 m

Prepaid Expenses

1.2 m1.3 m1.1 m1.2 m1.2 m1.2 m890 k

Inventories

40.7 m42.1 m42.8 m41.3 m41 m39.1 m38.8 m40.7 m42.6 m41.8 m41.2 m30.5 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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

1.4 m1.2 m719 k1.3 m878 k891 k822 k1.1 m(706 k)(1.7 m)(1.4 m)614 k

Cash From Operating Activities

(1.8 m)(2.9 m)2 m(571 k)(2.5 m)2.6 m3.2 m

Purchases of PP&E

(606 k)(1.3 m)1.6 m(1.1 m)(2.4 m)(3.8 m)(450 k)

Cash From Investing Activities

(65 k)(767 k)(1.8 m)(1.1 m)(1.4 m)53 k5.8 m
Y, 2017

Financial Leverage

1.3 x
Show all financial metrics

Frequency Electronics Operating Metrics

Frequency Electronics's Backlog was reported to be $23 m in Q1, 2018
FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018

Backlog

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