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, 2019)$11.1 M(+14%)
Share Price (Mar 2020)$2.5 (+2%)

Key People/Management at Giga-tronics

John Regazzi

John Regazzi

Chief Executive Officer & Director
Lutz P. Henckels

Lutz P. Henckels

Executive Vice President, Chief Financial Officer and Principal Financial Officer
Gordon L. Almquist

Gordon L. Almquist

Director
Jamie Weston

Jamie Weston

Director
Jeffrey S. Towne

Jeffrey S. Towne

Vice President of Operations
Armand Pantalone

Armand Pantalone

Chief Technology Officer
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Giga-tronics Office Locations

Giga-tronics has an office in Dublin
Dublin, US (HQ)
5990 Gleason Dr
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Giga-tronics Financials and Metrics

Giga-tronics Revenue

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View revenue for all periods
Giga-tronics's revenue was reported to be $11.15 m in FY, 2019 which is a 13.8% increase from the previous period.
USD

Revenue (Q3, 2020)

2.6m

Gross profit (Q3, 2020)

1.1m

Gross profit margin (Q3, 2020), %

41.7%

Net income (Q3, 2020)

(156.0k)

EBIT (Q3, 2020)

(114.0k)

Market capitalization (27-Mar-2020)

6.1m

Closing stock price (27-Mar-2020)

2.5

Cash (28-Dec-2019)

1.2m

EV

7.1m
Giga-tronics's current market capitalization is $6.1 m.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

14.6m16.3m9.8m11.1m

Revenue growth, %

895%11%(40%)14%

Cost of goods sold

10.0b11.7m7.1m6.4m

Gross profit

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

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

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

Cash

1.3m1.4m1.5m878.0k

Accounts Receivable

2.1m954.0k364.0k568.0k

Prepaid Expenses

318.0k452.0k87.0k1.4m

Inventories

5.7m4.8m5.5m2.7m
Quarterly
USDY, 2019

EV/EBIT

-62.6 x

EV/CFO

-6.8 x

Financial Leverage

2.1 x
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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

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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 Online and Social Media Presence

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Giga-tronics News and Updates

Giga-tronics Incorporated Introduces New RF Record and Playback Solution for RADAR and Electronic Warfare Applications

DUBLIN, Calif., Feb. 04, 2020 (GLOBE NEWSWIRE) -- Giga-tronics Incorporated (OTCQB: GIGA) (the “Company”) announced the immediate availability of a new product release of a fully coherent multi-channel streaming RF capture, analysis, storage, and playback system. The product is an industry leading…

Giga-tronics Incorporated Announces Completion of Previously Announced Reverse Split of Common Stock

Company undertakes reverse split with the intent to uplist to a national securities exchange Company undertakes reverse split with the intent to uplist to a national securities exchange

Giga-tronics Receives Multi-Year Order Valued at up to $8.4 Million for High Performance RADAR Filter Products

DUBLIN, Calif., Nov. 06, 2019 (GLOBE NEWSWIRE) -- (OTCQB: GIGA) —Giga-tronics Incorporated (the “Company”) announced today that it has received a multi-year production order from a major prime contractor for its high-performance RADAR filters, which are a part of the Company’s custom microwave pro…

Giga-tronics Incorporated Announces Pricing of Public Offering and Planned Reverse Split of Common Stock

DUBLIN, Calif., Nov. 06, 2019 (GLOBE NEWSWIRE) -- (OTCQB: GIGA) -- Giga-tronics Incorporated (the “Company”) today announced that it has priced an underwritten public offering of 10,400,000 shares of its common stock at the price of $0.25 per share.  The Company has granted the underwriter an opti…

Giga-tronics Announces Receipt of Orders Totaling $2.9 Million and Preliminary Operating Results for Second Quarter Fiscal 2020

DUBLIN, Calif., Oct. 14, 2019 (GLOBE NEWSWIRE) -- (OTCQB: GIGA) —Giga-tronics Incorporated (the “Company”) announced today that it has received orders totaling $2.9 million from the Boeing Company. The orders are for high performance RADAR filters which are a part of the Company’s custom microwave…

Giga-tronics to Announce First Quarter Results and a Conference Call on August 8, 2019

DUBLIN, Calif., Aug. 05, 2019 (GLOBE NEWSWIRE) -- Giga-tronics Incorporated (OTCQB:GIGA) will release results for the first quarter ended June 29, 2019 on Thursday August 8, 2019 after the close of trading on the OTCQB Market.
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Giga-tronics Blogs

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 John Regazzi, Lutz P. Henckels and Gordon L. Almquist.

  • How many employees does Giga-tronics have?

    Giga-tronics has 39 employees.

  • What is Giga-tronics revenue?

    Latest Giga-tronics annual revenue is $11.1 m.

  • What is Giga-tronics revenue per employee?

    Latest Giga-tronics revenue per employee is $285.8 k.

  • Who are Giga-tronics competitors?

    Competitors of Giga-tronics include TestEquity, Robert Technologies and Tektronix.

  • 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.