OverviewSuggest Edit

Solitron Devices is a company that designs, develops, manufactures, and markets solid-state semiconductor components and related devices primarily for the military and aerospace markets. The company offers a range of bipolar and metal oxide semiconductor (MOS) power transistors, power and control hybrids, junction and power MOS field-effect transistors (Power MOSFETS), field-effect transistors, and other related products.
TypePublic
Founded1959
HQWest Palm Beach, US
Websitesolitrondevices.com

Locations

Solitron Devices is headquartered in
West Palm Beach, United States

Location Map

Latest Updates

Employees (est.) (Feb 2016)75
Revenue (FY, 2020)$9.2 M(-1%)
Share Price (Oct 2020)$2.9
Cybersecurity ratingAMore

Key People/Management at Solitron Devices

Tim Eriksen

Tim Eriksen

CEO
Ray DiBugnara

Ray DiBugnara

Director of Technology
Jack Worthen

Jack Worthen

Vice President Sales
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Solitron Devices Office Locations

Solitron Devices has an office in West Palm Beach
West Palm Beach, US (HQ)
3301 Electronics Way
Show all (1)

Solitron Devices Financials and Metrics

Solitron Devices Revenue

Solitron Devices's revenue was reported to be $9.20 m in FY, 2020 which is a 1.9% decrease from the previous period.
USD

Revenue (FY, 2020)

9.2m

Revenue growth (FY, 2019 - FY, 2020), %

(1.9%)

Market capitalization (16-Oct-2020)

5.9m

Closing stock price (16-Oct-2020)

2.9

Cash (30-Nov-2019)

1.1m

EV

5.6m
Solitron Devices's current market capitalization is $5.9 m.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

7.4m9.3m9.4m9.2m

Revenue growth, %

(12%)25%1%(2%)

Cost of goods sold

6.3m6.9m8.0m

Gross profit

1.2m2.3m1.4m
Quarterly
USDQ3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

1.9m1.9m2.3m2.3m2.6m2.4m2.3m

Cost of goods sold

1.5m1.9m1.9m2.0m2.4m2.0m1.8m

Gross profit

449.0k19.0k444.0k288.0k191.0k462.0k461.0k

Gross profit Margin, %

23%1%19%13%7%19%20%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

2.3m2.2m394.0k

Accounts Receivable

668.0k1.4m1.8m

Prepaid Expenses

189.0k176.0k156.0k

Inventories

3.7m3.9m4.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

973.0k379.0k313.0k945.0k813.0k1.1m

Accounts Receivable

1.3m1.5m1.3m1.5m1.7m1.8m

Prepaid Expenses

188.0k164.0k121.0k209.0k191.0k181.0k

Inventories

4.1m4.2m4.3m3.4m3.0m2.8m
Annual
USDFY, 2018FY, 2019

Net Income

(11.0k)(1.5m)

Depreciation and Amortization

220.0k215.0k

Inventories

(225.0k)(35.0k)

Accounts Payable

380.0k(65.0k)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

(1.0m)(1.4m)(1.7m)(249.0k)(462.0k)(424.0k)

Depreciation and Amortization

53.0k107.0k162.0k54.0k108.0k163.0k

Inventories

(174.0k)(256.0k)(333.0k)547.0k909.0k1.2m

Accounts Payable

(101.0k)(67.0k)(13.0k)(123.0k)(411.0k)(412.0k)
USDFY, 2017

Financial Leverage

1.1 x
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Solitron Devices Operating Metrics

Solitron Devices's Backlog was reported to be $7.9m in Q3, 2020.
FY, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020Q4, 2020FY, 2020

Bookings

$8.30 m$1.52 m$1.30 m$1.39 m$2.90 m$8.26 m$1.89 m$3.74 m$3.53 m$2.10 m$11.20 m

Backlog

$7.26 m$6.94 m$5.91 m$5.08 m$6.24 m$5.53 m$6.84 m$7.94 m
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Solitron Devices Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

SecurityScorecard logo

Solitron Devices Revenue Breakdown

Embed Graph

Solitron Devices revenue breakdown by geographic segment: 99.8% from United States and 0.2% from Other

Solitron Devices Online and Social Media Presence

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Solitron Devices Blogs

Solitron Devices Frequently Asked Questions

  • When was Solitron Devices founded?

    Solitron Devices was founded in 1959.

  • Who are Solitron Devices key executives?

    Solitron Devices's key executives are Tim Eriksen, Ray DiBugnara and Jack Worthen.

  • How many employees does Solitron Devices have?

    Solitron Devices has 75 employees.

  • What is Solitron Devices revenue?

    Latest Solitron Devices annual revenue is $9.2 m.

  • What is Solitron Devices revenue per employee?

    Latest Solitron Devices revenue per employee is $122.7 k.

  • Who are Solitron Devices competitors?

    Competitors of Solitron Devices include Mechanical Technology, Arralis and Denton Vacuum.

  • Where is Solitron Devices headquarters?

    Solitron Devices headquarters is located at 3301 Electronics Way, West Palm Beach.

  • Where are Solitron Devices offices?

    Solitron Devices has an office in West Palm Beach.

  • How many offices does Solitron Devices have?

    Solitron Devices has 1 office.