Nortech (NSYS) stock price, revenue, and financials

Nortech market cap is $31.9 m, and annual revenue was $115.17 m in FY 2021

$31.9 M

NSYS Mkt cap, 13-May-2022

$115.2 M

Nortech Revenue FY, 2021
Nortech Gross profit (FY, 2021)15.9 M
Nortech Gross profit margin (FY, 2021), %13.8%
Nortech Net income (FY, 2021)7.2 M
Nortech EBIT (FY, 2021)2.3 M
Nortech Cash, 31-Dec-2021643 K
Nortech EV51.7 M
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Nortech Revenue

Nortech revenue was $115.17 m in FY, 2021

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Nortech Revenue Breakdown

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Nortech revenue breakdown by business segment: 14.4% from Aerospace and Defense, 30.8% from Industrial and 54.7% from Medical

Nortech Income Statement

Annual

USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

113.4m116.3m104.1m115.2m

Revenue growth, %

1%3%(11%)

Cost of goods sold

100.1m103.8m95.7m99.3m

Gross profit

13.3m12.6m8.5m15.9m

Gross profit Margin, %

12%11%8%14%

Sales and marketing expense

3.6m2.7m2.5m2.4m

R&D expense

483.0k

General and administrative expense

8.4m9.6m8.0m10.0m

Operating expense total

12.1m12.4m9.1m13.6m

EBIT

1.2m224.0k(616.0k)2.3m

EBIT margin, %

1%0%(1%)2%

Interest expense

757.0k1.0m620.0k430.0k

Pre tax profit

492.0k(819.0k)(1.2m)8.0m

Income tax expense

326.0k409.0k310.0k859.0k

Net Income

166.0k(1.2m)(1.5m)7.2m

EPS

0.1(0.5)(0.6)2.5

Nortech Balance Sheet

Annual

USDFY, 2019FY, 2020FY, 2021

Cash

643.0k

Accounts Receivable

14.5m

Inventories

19.4m

Current Assets

51.8m

PP&E

5.8m

Total Assets

67.1m

Accounts Payable

12.7m

Short-term debt

1.6m

Current Liabilities

22.3m

Long-term debt

18.8m

Non-Current Liabilities

18.7m

Total Debt

20.4m

Total Liabilities

41.0m

Common Stock

27.0k

Preferred Stock

250.0k

Additional Paid-in Capital

16.0m

Retained Earnings

9.8m

Total Equity

26.1m

Debt to Equity Ratio

0.8 x

Debt to Assets Ratio

0.3 x

Financial Leverage

2.6 x

Quarterly

USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Nortech Cash Flow

Annual

USDFY, 2019FY, 2020FY, 2021

Net Income

7.2m

Depreciation and Amortization

2.0m

Accounts Receivable

1.1m

Inventories

(4.6m)

Accounts Payable

1.5m

Cash From Operating Activities

(4.5m)

Purchases of PP&E

(1.3m)

Cash From Investing Activities

(730.0k)

Long-term Borrowings

3.8m

Cash From Financing Activities

3.9m

Net Change in Cash

(1.3m)

Interest Paid

316.0k

Income Taxes Paid

(114.0k)

Quarterly

USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Nortech Ratios

USDFY, 2018

Revenue/Employee

138.4k

Nortech Operating Metrics

Nortech's Backlog was reported to be $36.9m in FY, 2021.
FY, 2019Aug, 2020FY, 2020FY, 2021

Backlog

$27.3 m$24.3 m$36.9 m

Backlog (Aerospace and Defense)

$7 m$5.5 m$7.6 m

Backlog (Industrial)

$5.7 m$6.3 m$8.9 m

Backlog (Medical)

$14.6 m$12.5 m$20.4 m

Industries Served

3

Manufacturing Facilities Leased Space, sq. ft.

118 k232 k247 k

Manufacturing Facilities Owned Space, sq. ft.

225 k126 k92 k

Nortech Human Capital

Job Roles

FY, 2019FY, 2018FY, 2017
Manufacturing95.3%95%95.8%
Other4.7%4.3%
General and Administrative 5%

Nortech Employee Rating

2.743 votes
Culture & Values
1.8
Work/Life Balance
2.5
Senior Management
1.6
Salary & Benefits
2.3
Career Opportunities
1.8
Source