Tel-Instrument Electronics is a designer and manufacturer of avionics test and measurement instruments for the commercial air transport, general aviation, and government/military aerospace and defense markets. The Company has two segments: Avionics Government and Avionics Commercial. Its Avionics Government segment consists primarily of the design, manufacture, and sale of test equipment to the United States and foreign Governments and militaries either directly or through distributors. The Company's Avionics Commercial segment consists of design, manufacture, and sale of test equipment to domestic and foreign airlines, directly or through commercial distributors, and to general aviation repair and maintenance shops. The Company provides instruments to test and measure, and calibrates and repairs a range of airborne navigation and communication equipment.
TypePublic
HQEast Rutherford, US
Founded1947
Size (employees)40 (est)-32%
Websitetelinstrument.com
Tel-Instrument Electronics was founded in 1947 and is headquartered in East Rutherford, US
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Tel-Instrument Electronics Office Locations

Tel-Instrument Electronics has an office in East Rutherford
East Rutherford, US (HQ)
1 Branca Rd
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Tel-Instrument Electronics Financials and Metrics

Tel-Instrument Electronics Revenue

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Tel-Instrument Electronics's revenue was reported to be $10.02 m in FY, 2018 which is a 46.5% decrease from the previous period.
USD

Revenue (Q1, 2019)

1.8m

Gross profit (Q1, 2019)

481.3k

Gross profit margin (Q1, 2019), %

26.5%

Net income (Q1, 2019)

(746.1k)

EBIT (Q1, 2019)

(641.8k)

Market capitalization (11-Oct-2018)

10.4m

Closing stock price (11-Oct-2018)

3.2

Cash (30-Jun-2018)

254.7k

EV

12.1m
Tel-Instrument Electronics's current market capitalization is $10.4 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

15.8m18.2m24.8m18.7mwdxefcqufszuzezftuxetqsqxt10.0m

Revenue growth, %

15%36%(24%)(47%)

Cost of goods sold

9.5m12.8m16.8m12.1m6.9m

Gross profit

6.4m5.4m8.0m6.7m3.1m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q1, 2019

Revenue

4.0m4.1m3.1m3.6m5.0m5.8m6.8m6.0m5.3m5.1m4.2m3.5m1.8m1.8m

Cost of goods sold

2.8m2.7m2.0m2.7m3.5m4.0m4.6m3.9m3.5m3.3m2.6m2.3m1.4m1.3m

Gross profit

1.3m1.4m1.1m869.3k1.5m1.8m2.2m2.0m1.9m1.8m1.6m1.2m399.9k481.3k

Gross profit Margin, %

32%34%36%24%31%31%33%34%35%36%39%35%22%27%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

232.1k185.9k972.6k287.9k307.8k

Accounts Receivable

1.6m1.1m

Prepaid Expenses

188.6k147.7k

Inventories

263.6k281.0k128.1k4.2m4.3m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q1, 2019

Cash

145.8k216.3k202.5k243.1k332.0k178.0k795.4k629.1k412.6k830.5k1.2m234.8k130.2k254.7k

Accounts Receivable

1.4m1.1m844.7k542.6k614.2k1.9m860.9k1.0m2.3m1.9m1.1m1.2m1.1m672.9k

Inventories

4.7m4.5m4.6m4.5m4.6m4.5m4.7m4.8m4.0m3.7m4.5m4.2m4.5m4.1m

Current Assets

7.7m7.4m7.4m7.1m7.1m8.0m7.8m7.8m8.1m7.0m7.4m5.7m5.7m7.2m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

261.5k(280.4k)1.0m(4.8m)(4.3m)

Depreciation and Amortization

202.9k177.3k164.8k120.2k70.1k

Inventories

(707.7k)

Accounts Payable

(2.0m)521.9k(1.1m)(258.1k)879.5k
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2019

Net Income

(72.5k)(145.9k)(384.0k)(248.2k)(20.9k)279.1k199.5k226.6k410.3k272.1k141.5k(746.1k)

Depreciation and Amortization

45.1k16.7k

Cash From Operating Activities

148.0k170.0

Cash From Investing Activities

(1.1k)
USDY, 2018

EV/EBIT

-18.8 x

EV/CFO

71 k x

Debt/Equity

-0.9 x

Debt/Assets

0.3 x

Financial Leverage

-3.5 x
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Tel-Instrument Electronics Operating Metrics

Tel-Instrument Electronics's Backlog was reported to be $1.9m in Q1, 2018.
FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018

Backlog

$28.74 m$24.80 m$19.70 m$15 m$11.63 m$10.20 m$7.50 m$5 m$3.23 m$1.90 m
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Tel-Instrument Electronics Revenue Breakdown

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Tel-Instrument Electronics revenue breakdown by business segment: 26.2% from Avionics Commercial and 73.8% from Avionics Government

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Tel-Instrument Electronics Online and Social Media Presence

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Tel-Instrument Electronics Blogs

Tel-Instrument Electronics Corp. Completes $1 Million Financing

Tel-Instrument Electronics Corp. Completes $1 Million Financing East Rutherford, NJ – October 9, 2018 – Tel-Instrument Electronics Corp. (“Tel”, “Tel-Instrument” or the “Company”) (NYSE American: TIK), a leading designer and manufacturer of avionics test and measurement solutions, today announced th…

TEL-INSTRUMENT ELECTRONICS CORP. ANNOUNCES EXPECTED MULTI-MILLION DOLLAR ORDER FROM THE GERMAN GOVERNMENT

TEL-INSTRUMENT ELECTRONICS CORP. ANNOUNCES Expected MULTI-MILLION DOLLAR ORDER FROM THE GERMAN GOVERNMENT East Rutherford , NJ - August 16, 2018 - Tel-Instrument Electronics Corp ("Tel", or the "Company") (NYSE American: TIK) today reported that the German government has notified our U.K. distribu…

T-47/M5 Test Set can now be ordered using a NSN Number

Tel-Instrument Electronics Corp is is pleased to announce that the our latest test set, the T-47/M5 Dual Crypto Test Set is now available with an NSN Number.NSN number: 6625-01-664-6684Tel Part Number: 90000145 The T-47/M5 is unique in that the test set can utilize both an Option A or an Option B …

Tel-Instrument Electronics Company Life and Culture

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