Company / Income Tax
NORTECH SYSTEMS INC Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$356.0K
FY2025
5-year range
-$1.4M / $1.5M
FY2021-FY2025
Trend
+125.3%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Income Tax has fluctuated over the past 10 years, ranging from -$1M in FY2024 to $1M in FY2023.
Based on SEC 10-K filings.
$356,000 in FY2025 with a 5-year CAGR of -2.7%.
Improved from $1M to $356,000 over the past 2 years.
Income Tax over time
Growth rates
- 3-Year CAGR
- -25.4%
- 5-Year CAGR
- -2.7%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of -2.7%, indicating a declining trend.
- In FY2025, income tax increased 125.3% year-over-year.
- Peak income tax was recorded in FY2023.
- Lowest income tax in the period was in FY2024.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $356.0K | +125.3% |
| FY2024 | -$1.4M | -196.0% |
| FY2023 | $1.5M | +70.8% |
| FY2022 | $859.0K | +177.1% |
| FY2021 | $310.0K | -24.2% |
| FY2020 | $409.0K | +25.5% |
| FY2019 | $326.0K | -13.1% |
| FY2018 | $375.0K | +971.4% |
| FY2017 | $35.0K | +111.1% |
| FY2016 | -$316.0K | -490.1% |
As of FY2025 · SEC 10-K Annual Filings · Updated Jun 28, 2026