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 $0.00.
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
|
$483,000.00
|
$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 |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
-$887,422.00
|
| Operating Expenses |
$16.35 M
|
$17.15 M
|
$16.61 M
|
$12.85 M
|
$10.52 M
|
$12.35 M
|
$12.06 M
|
$12.83 M
|
$13.21 M
|
$12.48 M
|
| Cost And Expenses |
$127.76 M
|
$133.38 M
|
$130.25 M
|
$112.15 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
|
$411,000.00
|
$430,000.00
|
$620,000.00
|
$1.04 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Interest Expense |
$0.00
|
$487,000.00
|
$411,000.00
|
$430,000.00
|
$620,000.00
|
$1.04 M
|
$757,000.00
|
$627,555.00
|
$550,289.00
|
$465,374.00
|
| Depreciation & Amortization |
$0.00
|
$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 |
-$195,000.00 |
$8.00 M |
$3.87 M |
$4.97 M |
$1.58 M |
$2.45 M |
$3.44 M |
$979,443.00 |
$2.92 M |
$1.84 M |
| EBITDA Ratio |
-0
|
0.06
|
0.03
|
0.04
|
0.02
|
0.02
|
0.03
|
0.01
|
0.03
|
0.02
|
| Operating Income Ratio |
-0
|
0.04
|
0.01
|
0.02
|
-0.02
|
-0.02
|
0.01
|
-0.01
|
0.01
|
-0
|
| Total Other Income/Expenses Net |
$0.00
|
-$487,000.00
|
-$411,000.00
|
$5.74 M
|
$826,000.00
|
-$1.04 M
|
-$757,000.00
|
-$802,774.00
|
-$550,289.00
|
-$465,374.00
|
| Income Before Tax |
$0.00
|
$5.47 M
|
$3.48 M
|
$8.01 M
|
-$1.24 M
|
-$819,000.00
|
$492,000.00
|
-$2.07 M
|
$78,774.00
|
-$887,422.00
|
| Income Before Tax Ratio |
0
|
0.04
|
0.03
|
0.07
|
-0.01
|
-0.01
|
0
|
-0.02
|
0
|
-0.01
|
| Income Tax Expense |
$0.00
|
-$1.41 M
|
$1.47 M
|
$859,000.00
|
$310,000.00
|
$409,000.00
|
$326,000.00
|
$375,000.00
|
$35,000.00
|
-$316,000.00
|
| Net Income |
$0.00
|
$6.87 M
|
$2.01 M
|
$7.15 M
|
-$1.55 M
|
-$1.23 M
|
$166,000.00
|
-$2.45 M
|
$43,774.00
|
-$571,422.00
|
| Net Income Ratio |
0
|
0.05
|
0.01
|
0.06
|
-0.01
|
-0.01
|
0
|
-0.02
|
0
|
-0
|
| EPS |
0 |
2.53 |
0.75 |
2.68 |
-0.58 |
-0.46 |
0.0617 |
-0.89 |
0.02 |
-0.21 |
| EPS Diluted |
0 |
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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