NSYS
Income statement / Annual
Last year (2024), Nortech Systems Incorporated's total revenue was $128.13 M,
a decrease of 8.04% from the previous year.
In 2024, Nortech Systems Incorporated's net income was -$1.30 M.
See Nortech Systems Incorporated,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$128.13 M |
$139.33 M |
$134.12 M |
$115.17 M |
$104.11 M |
$116.33 M |
$113.37 M |
$112.33 M |
$116.62 M |
$115.19 M |
| Cost of Revenue |
$111.41 M
|
$116.23 M
|
$113.64 M
|
$99.30 M
|
$95.65 M
|
$103.76 M
|
$100.06 M
|
$100.22 M
|
$102.78 M
|
$103.13 M
|
| Gross Profit |
$16.72 M
|
$23.10 M
|
$20.48 M
|
$15.86 M
|
$8.46 M
|
$12.58 M
|
$13.31 M
|
$12.12 M
|
$13.84 M
|
$12.06 M
|
| Gross Profit Ratio |
0.13
|
0.17
|
0.15
|
0.14
|
0.08
|
0.11
|
0.12
|
0.11
|
0.12
|
0.1
|
| Research and Development Expenses |
$1.19 M
|
$1.20 M
|
$1.46 M
|
$483.00 K
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$11.71 M
|
$12.35 M
|
$11.43 M
|
$10.00 M
|
$8.04 M
|
$9.63 M
|
$8.43 M
|
$8.09 M
|
$8.26 M
|
$7.23 M
|
| Selling & Marketing Expenses |
$3.45 M
|
$3.60 M
|
$3.72 M
|
$2.36 M
|
$2.47 M
|
$2.72 M
|
$3.63 M
|
$4.75 M
|
$4.95 M
|
$5.25 M
|
| Selling, General & Administrative Expenses |
$15.16 M
|
$15.95 M
|
$15.14 M
|
$12.36 M
|
$10.52 M
|
$12.35 M
|
$12.06 M
|
$12.83 M
|
$13.21 M
|
$12.48 M
|
| Other Expenses |
$571.00 K
|
$0.00
|
-$15.00 K
|
$746.00 K
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Operating Expenses |
$16.92 M
|
$17.15 M
|
$16.59 M
|
$13.59 M
|
$10.52 M
|
$12.35 M
|
$12.06 M
|
$12.83 M
|
$13.21 M
|
$12.48 M
|
| Cost And Expenses |
$128.33 M
|
$133.38 M
|
$130.24 M
|
$112.90 M
|
$106.17 M
|
$116.11 M
|
$112.12 M
|
$113.05 M
|
$115.99 M
|
$115.61 M
|
| Interest Income |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Interest Expense |
$744.00 K
|
$487.00 K
|
$411.00 K
|
$430.00 K
|
$620.00 K
|
$1.04 M
|
$757.00 K
|
$627.56 K
|
$550.29 K
|
$465.37 K
|
| Depreciation & Amortization |
$1.74 M
|
$2.05 M
|
$1.92 M
|
$1.95 M
|
$2.19 M
|
$2.22 M
|
$2.19 M
|
$2.42 M
|
$2.30 M
|
$2.26 M
|
| EBITDA |
$1.54 M |
$8.00 M |
$5.81 M |
$10.39 M |
$1.58 M |
$2.45 M |
$3.44 M |
$979.44 K |
$2.92 M |
$1.84 M |
| EBITDA Ratio |
0.01
|
0.06
|
0.04
|
0.09
|
0.02
|
0.02
|
0.03
|
0.01
|
0.03
|
0.02
|
| Operating Income Ratio |
-0
|
0.04
|
0.03
|
0.02
|
-0.02
|
0
|
0.01
|
-0.01
|
0.01
|
-0
|
| Total Other Income/Expenses Net |
-$744.00 K
|
-$487.00 K
|
-$411.00 K
|
$5.74 M
|
$826.00 K
|
-$1.04 M
|
-$757.00 K
|
-$802.77 K
|
-$550.29 K
|
-$465.37 K
|
| Income Before Tax |
-$939.00 K
|
$5.47 M
|
$3.48 M
|
$8.01 M
|
-$1.24 M
|
-$819.00 K
|
$492.00 K
|
-$2.07 M
|
$78.77 K
|
-$887.42 K
|
| Income Before Tax Ratio |
-0.01
|
0.04
|
0.03
|
0.07
|
-0.01
|
-0.01
|
0
|
-0.02
|
0
|
-0.01
|
| Income Tax Expense |
$356.00 K
|
-$1.41 M
|
$1.47 M
|
$859.00 K
|
$310.00 K
|
$409.00 K
|
$326.00 K
|
$375.00 K
|
$35.00 K
|
-$316.00 K
|
| Net Income |
-$1.30 M
|
$6.87 M
|
$2.01 M
|
$7.15 M
|
-$1.55 M
|
-$1.23 M
|
$166.00 K
|
-$2.45 M
|
$43.77 K
|
-$571.42 K
|
| Net Income Ratio |
-0.01
|
0.05
|
0.01
|
0.06
|
-0.01
|
-0.01
|
0
|
-0.02
|
0
|
-0
|
| EPS |
-0.47 |
2.53 |
0.75 |
2.68 |
-0.58 |
-0.46 |
0.0617 |
-0.89 |
0.02 |
-0.21 |
| EPS Diluted |
-0.47 |
2.38 |
0.7 |
2.54 |
-0.58 |
-0.46 |
0.0615 |
-0.89 |
0.02 |
-0.21 |
| Weighted Average Shares Out |
$2.76 M
|
$2.72 M
|
$2.69 M
|
$2.66 M
|
$2.66 M
|
$2.67 M
|
$2.69 M
|
$2.75 M
|
$2.75 M
|
$2.72 M
|
| Weighted Average Shares Out Diluted |
$2.76 M
|
$2.89 M
|
$2.89 M
|
$2.82 M
|
$2.66 M
|
$2.67 M
|
$2.70 M
|
$2.75 M
|
$2.75 M
|
$2.75 M
|
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