Nortech Systems

Nortech Systems, Inc., is a full-service electronics manufacturing services (EMS) provider of wire and cable assemblies, printed circuit board assemblies and diagnostic repair and integration services including, higher-level assemblies and box builds for a wide range of industries. Markets served include medical, automotive, aerospace, computer peripheral, commercial, telecom, government and consumer. Nortech Systems has a range of specialized, high-tech facilities used for customized design, manufacture, testing and repair of its solutions.
Company Growth (employees)
Type
Public
HQ
Maple Grove, US
Founded
1981
Size (employees)
673 (est)
Nortech Systems was founded in 1981 and is headquartered in Maple Grove, US

Nortech Systems Office Locations

Nortech Systems has offices in Maple Grove, Augusta, Bemidji, Blue Earth and in 5 other locations
Maple Grove, US (HQ)
150 7550 Meridian Cir N
Eden Prairie, US
7680 Executive Dr
Ciudad Apodaca, MX
Avenida “E” 541 Parque Industrial Martel
Milaca, US
925 Enterprise Ave
Merrifield, US
12136 Crystal Lake Rd
Mankato, US
1950 Excel Dr
Blue Earth, US
1930 W 1st St
Bemidji, US
4050 Norris Ct Nw
Augusta, US
750 Industrial Dr

Nortech Systems Metrics

Nortech Systems Financial Metrics

Nortech Systems's revenue was reported to be $116.6 m in FY, 2016 which is a 1% increase from the previous period.

Revenue (FY, 2016)

$116.6 m

Revenue growth (FY, 2015 - FY, 2016), %

1%

Gross profit (FY, 2016)

$13.8 m

Gross profit margin (FY, 2016), %

12%

Net income (FY, 2016)

$43.8 k

EBIT (FY, 2016)

$629.1 k

Market capitalization (19-May-2017)

$8.9 m

Closing share price (19-May-2017)

$3.3

Cash (31-Dec-2016)

$268.2 k
Nortech Systems's current market capitalization is $8.9 m.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$111.1 m$112 m$115.2 m$116.6 m

Revenue growth, %

1%3%1%

Cost of goods sold

$103.1 m$102.8 m

Gross profit

$13.1 m$13.3 m$12.1 m$13.8 m

Gross profit Margin, %

12%12%10%12%

Operating expense total

$11.7 m$12 m$12.5 m$13.2 m

EBIT

$1.5 m$1.3 m($422 k)$629.1 k

EBIT margin, %

1%1%(0%)1%

Interest expense

$465.4 k$550.3 k

Pre tax profit

($887.4 k)$78.8 k

Income tax expense

($316 k)$35 k

Net Income

$787.4 k$880 k($571.4 k)$43.8 k
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$66.4 k$887$268.2 k

Accounts Receivable

$16 m$17.4 m$18.4 m

Inventories

$17.4 m$18.5 m$20.2 m$20.7 m

Current Assets

$34.9 m$37.7 m$40.4 m$39.5 m

PP&E

$11 m$10.9 m$10.5 m$10.3 m

Goodwill

$3.3 m$3.3 m

Total Assets

$46.1 m$48.7 m$56.6 m$55.5 m

Accounts Payable

$8.2 m$9 m$13 m$13.8 m

Current Liabilities

$19.4 m$13.4 m$19.7 m$20.3 m

Non-Current Liabilities

$4.8 m$12.5 m$14.6 m$12.9 m

Total Liabilities

$24.1 m$25.9 m$34.3 m$33.2 m

Additional Paid-in Capital

$15.7 m$15.8 m$15.8 m$15.7 m

Retained Earnings

$6 m$6.9 m$6.3 m$6.3 m

Total Equity

$21.9 m$22.8 m$22.3 m$22.3 m

Financial Leverage

2.1 x2.1 x2.5 x2.5 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$787.4 k$880 k($571.4 k)$43.8 k

Depreciation and Amortization

$2 m$2 m$2.2 m$2.1 m

Accounts Receivable

($2.4 m)($1.3 m)($864.1 k)$1.1 m

Inventories

$237.4 k($1.1 m)($1.7 m)($489.1 k)

Accounts Payable

($1.1 m)$1.1 m$3.9 m$817.2 k

Cash From Operating Activities

$275.9 k$1.6 m$3.4 m$3.5 m

Purchases of PP&E

($1.2 m)($2.2 m)($1.7 m)($2 m)

Cash From Investing Activities

($1.1 m)($2.2 m)($3.7 m)($2 m)

Long-term Borrowings

($613.9 k)($666.7 k)($1 m)($1.5 m)

Cash From Financing Activities

$871.6 k$672.5 k$208.1 k

Interest Paid

$366.3 k$359.7 k$442.3 k$499.1 k

Income Taxes Paid

$187.3 k$417.6 k$417.6 k$110.6 k
Y, 2016

Financial Leverage

2.5 x

Nortech Systems Market Value History

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