NORTECH SYSTEMS INC Income Statement
NSYS|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$128M
FY2025
Gross Profit
$17M
13.1% gross margin
Operating Income
-$195,000
FY2025
Net Income
-$1M
FY2025
NORTECH SYSTEMS INC reported $128M in revenue and $1M in net loss for FY2025. Revenue has grown at a 1.8% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Piotroski F-Score: 1/9 criteria passed
- Currently unprofitable: Net income is negative
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $128.1M | $13.4M | $134.1M | $115.2M | $104.1M | $116.3M | $113.4M | $112.3M | $116.6M | $115.2M | $112.0M | $111.1M | $106.9M | $114.2M | $99.8M |
| Cost of Revenue | $111.4M | $116.2M | $113.6M | $99.3M | $94.4M | $103.8M | $100.1M | $100.2M | $102.8M | $103.1M | $98.7M | $97.9M | $94.5M | $100.9M | $88.4M |
| Gross Profit | $16.7M | $23.1M | $20.5M | $15.9M | $9.7M | $12.6M | $13.3M | $12.1M | $13.8M | $12.1M | $13.3M | $13.1M | $12.4M | $13.3M | $11.4M |
| SG&A Expense | $11.7M | $12.4M | $11.4M | $10.0M | $9.3M | $9.6M | $8.4M | $8.1M | $8.3M | $7.2M | $6.9M | $6.9M | $6.6M | $8.2M | $7.1M |
| R&D Expense | $1.2M | $1.2M | $1.5M | $483.0K | $0 | - | - | - | - | - | - | - | - | - | - |
| Operating Income | -$195.0K | $6.0M | $3.9M | $2.3M | -$616.0K | $224.0K | $1.2M | -$1.3M | $629.1K | -$422.0K | $1.3M | $1.5M | $1.5M | $1.5M | $1.2M |
| Interest Expense | - | - | $411.0K | $430.0K | $620.0K | $1.0M | $757.0K | $628.0K | $550.3K | $465.4K | $367.6K | $388.8K | $440.2K | $511.3K | $429.1K |
| Income Tax | $356.0K | -$1.4M | $1.5M | $859.0K | $310.0K | $409.0K | $326.0K | $375.0K | $35.0K | -$316.0K | $81.0K | $300.0K | $298.0K | $561.0K | $375.0K |
| Net Income | -$1.3M | $6.9M | $2.0M | $7.2M | -$1.5M | -$1.2M | $166.0K | -$2.4M | $43.8K | -$571.4K | $880.0K | $787.4K | $629.4K | $1.2M | $506.8K |
| EPS (Basic) | -$0.47 | $2.53 | $0.75 | $2.68 | -$0.58 | -$0.46 | $0.06 | -$0.89 | $0.02 | -$0.21 | $0.32 | $0.29 | $0.23 | - | - |
| EPS (Diluted) | -$0.47 | $2.38 | $0.70 | $2.54 | -$0.58 | -$0.46 | $0.06 | -$0.89 | $0.02 | -$0.21 | $0.32 | $0.29 | $0.23 | $0.43 | $0.18 |
| Shares Outstanding | 2.8M | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M |
| Gross Margin | 13.1% | 172.0% | 15.3% | 13.8% | 9.3% | 10.8% | 11.7% | 10.8% | 11.9% | 10.5% | 11.9% | 11.8% | 11.6% | 11.7% | 11.5% |
| Operating Margin | -0.1% | 44.3% | 2.9% | 2.0% | -0.6% | 0.2% | 1.1% | -1.1% | 0.5% | -0.4% | 1.2% | 1.3% | 1.4% | 1.3% | 1.2% |
| Profit Margin | -1.0% | 51.2% | 1.5% | 6.2% | -1.5% | -1.1% | 0.1% | -2.2% | 0.0% | -0.5% | 0.8% | 0.7% | 0.6% | 1.0% | 0.5% |