OverviewSuggest Edit

Giga Tronics is a company that manufactures and sells test and measurement equipment used in the development, test, and maintenance of wireless communications products and systems, flight navigational equipment, electronic defense systems, and automatic testing systems. The Company produces modular signal sources, up-converters, receivers, and down-converters, as well as AXIe chassis and AXIe frequency reference modules for use with its signal sources. It also provides the Microsource microwave sub-assembly and sub-system products. 

TypePublic
Founded1980
HQDublin, US
Websitego-asg.gigatronics.com

Latest Updates

Employees (est.) (Mar 2019)39(-9%)
Revenue (FY, 2020)$11.8 M(+6%)
Share Price (Nov 2020)$3.8
Cybersecurity ratingBMore

Key People/Management at Giga-tronics

Gordon L. Almquist

Gordon L. Almquist

Director
Lutz P. Henckels

Lutz P. Henckels

Executive Vice President, Chief Financial Officer and Chief Operating Officer
Armand Pantalone

Armand Pantalone

Chief Technology Officer
Jeffrey S. Towne

Jeffrey S. Towne

Vice President of Operations
Daniel S. Kirby

Daniel S. Kirby

Vice President of Business Development
Show more

Giga-tronics Office Locations

Giga-tronics has an office in Dublin
Dublin, US (HQ)
5990 Gleason Dr
Show all (1)

Giga-tronics Financials and Metrics

Giga-tronics Revenue

Embed Graph
View revenue for all periods
Giga-tronics's revenue was reported to be $11.77 m in FY, 2020
USD

Revenue (Q2, 2021)

2.7m

Gross profit (Q2, 2021)

1.0m

Gross profit margin (Q2, 2021), %

38.6%

Net income (Q2, 2021)

(474.0k)

EBIT (Q2, 2021)

(440.0k)

Market capitalization (24-Nov-2020)

10.0m

Closing stock price (24-Nov-2020)

3.8

Cash (26-Sept-2020)

405.0k

EV

12.4m
Giga-tronics's current market capitalization is $10 m.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

14.6m16.3m9.8m11.1m11.8m

Revenue growth, %

895%11%(40%)14%

Cost of goods sold

10.0b11.7m7.1m6.4m7.2m

Gross profit

(10.0b)4.6m2.7m4.7m4.6m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

3.4m4.4m3.2m2.0m2.2m3.2m2.8m2.7m1.9m3.5m3.0m2.6m3.5m2.7m

Cost of goods sold

2.5m3.2m2.1m1.5m1.8m2.4m774.0k1.6m1.1m2.0m1.8m1.5m2.0m1.7m

Gross profit

925.0k1.2m1.1m466.0k487.0k805.0k2.1m1.1m824.0k1.5m1.2m1.1m1.5m1.0m

Gross profit Margin, %

27%28%34%23%22%25%73%42%44%44%41%42%43%39%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

1.3m1.4m1.5m878.0k657.0k

Accounts Receivable

2.1m954.0k364.0k568.0k932.0k

Prepaid Expenses

318.0k452.0k87.0k1.4m2.2m

Inventories

5.7m4.8m5.5m2.7m3.3m
USDFY, 2016

Debt/Equity

0.5 x

Debt/Assets

0.1 x

Financial Leverage

3.8 x
Show all financial metrics

Giga-tronics Acquisitions / Subsidiaries

Company NameDateDeal Size
MicrosourceMay 18, 1998
UltracisionDecember 02, 1997$5.20 m
Viking Semiconductor EquipmentJune 27, 1997
AscorJuly 23, 1996

Giga-tronics Revenue Breakdown

Embed Graph

Giga-tronics revenue breakdown by business segment: 82.6% from Microsource and 17.4% from Giga-tronics Division

Giga-tronics revenue breakdown by geographic segment: 99.2% from Domestic and 0.8% from Other

Giga-tronics Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

Giga-tronics Online and Social Media Presence

Embed Graph

Giga-tronics News and Updates

Giga-tronics Reports Fiscal 2021 Second Quarter And Six Months Results

DUBLIN, Calif., Nov. 05, 2020 (GLOBE NEWSWIRE) -- Giga-tronics Incorporated (OTCQB: GIGA) (the “Company”) reported results for the second quarter and six months ended September 26, 2020.

Giga-tronics to Announce Second Quarter Results and a Conference Call on November 5, 2020

DUBLIN, Calif., Oct. 29, 2020 (GLOBE NEWSWIRE) -- Giga-tronics Incorporated (OTCQB:GIGA) will release results for the second quarter ended September 26, 2020 on Thursday, November 5, 2020 after the close of trading on the OTCQB Market.

Giga-tronics Announces Receipt of Orders Totaling $4.96 Million, Preliminary Operating Results for Second Quarter Fiscal 2021 and Adoption of Shareholder Rights Plan

DUBLIN, Calif., Oct. 13, 2020 (GLOBE NEWSWIRE) -- Giga-tronics Incorporated (OTCQB: GIGA) (the “Company”) today announced that it has received orders from Boeing totaling $4.96 million for custom microwave filters for the F-15 aircraft.

Giga-tronics Names Thomas E. Vickers to Board of Directors

DUBLIN, Calif., Sept. 28, 2020 (GLOBE NEWSWIRE) -- Giga-tronics Incorporated (OTCQB: GIGA) (the “Company”) today announced the appointment of Thomas E. Vickers to its Board of Directors.

Giga-tronics to Announce First Quarter Results and a Conference Call on August 6, 2020

DUBLIN, Calif., July 30, 2020 (GLOBE NEWSWIRE) -- Giga-tronics Incorporated (OTCQB:GIGA) will release results for the first quarter ended June 27, 2020 on Thursday August 6, 2020 after the close of trading on the OTCQB Market.

Giga-tronics Reports Results for Q4 FY 2020 and FY 2020

Fourth Quarter 2020 Revenue and Profitability Impacted by Temporary Closure Due to California Shelter-in-Place Order; Company Resumed Full Production in April
Show more

Giga-tronics Blogs

Evaluation Engineering

The post Evaluation Engineering appeared first on Giga-tronics.

COMPASS Multi-Channel Capture and Playback

The post COMPASS Multi-Channel Capture and Playback appeared first on Giga-tronics.

AXIe Multi-Channel ASG Platform Channel-to-Channel Phase Stability

Overview All RADAR and EW systems need extensive test and evaluation (T&E) before being deployed and often require periodic re-evaluation during their system lifetimes.  Although field trials (ground, flight or naval operations) are the most accurate predictor of operational effectiveness, such …

Giga-tronics Frequently Asked Questions

  • When was Giga-tronics founded?

    Giga-tronics was founded in 1980.

  • Who are Giga-tronics key executives?

    Giga-tronics's key executives are Gordon L. Almquist, Lutz P. Henckels and Armand Pantalone.

  • How many employees does Giga-tronics have?

    Giga-tronics has 39 employees.

  • What is Giga-tronics revenue?

    Latest Giga-tronics annual revenue is $11.8 m.

  • What is Giga-tronics revenue per employee?

    Latest Giga-tronics revenue per employee is $301.7 k.

  • Who are Giga-tronics competitors?

    Competitors of Giga-tronics include TestEquity, SAAK INTERNATIONAL and CeraNova.

  • Where is Giga-tronics headquarters?

    Giga-tronics headquarters is located at 5990 Gleason Dr, Dublin.

  • Where are Giga-tronics offices?

    Giga-tronics has an office in Dublin.

  • How many offices does Giga-tronics have?

    Giga-tronics has 1 office.