NSYS
Nortech Systems Incorporated
NASDAQ: NSYS · HEALTHCARE · MEDICAL DEVICES
$13.64
+4.36% today
Updated 2026-04-30
Market cap
$39.70M
P/E ratio
—
P/S ratio
0.34x
EPS (TTM)
$-0.09
Dividend yield
—
52W range
$7 – $15
Volume
0.0M
Nortech Systems Incorporated (NSYS) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $105.15M | $118.10M | $121.85M | $79.94M | $99.82M | $114.24M | $106.94M | $111.06M | $112.04M | $115.19M | $116.62M | $112.33M | $113.37M | $116.33M | $104.11M | $115.17M | $134.12M | $139.33M | $128.13M | $118.36M |
| Revenue growth (YoY) | — | +12.3% | +3.2% | -34.4% | +24.9% | +14.4% | -6.4% | +3.9% | +0.9% | +2.8% | +1.2% | -3.7% | +0.9% | +2.6% | -10.5% | +10.6% | +16.5% | +3.9% | -8.0% | -7.6% |
| Cost of revenue | $92.37M | $101.92M | $105.00M | $74.14M | $88.39M | $100.89M | $94.54M | $97.94M | $98.71M | $103.13M | $102.78M | $100.22M | $100.06M | $103.76M | $95.65M | $99.30M | $113.64M | $116.23M | $111.41M | $100.36M |
| Gross profit | $12.78M | $16.18M | $16.86M | $5.80M | $11.43M | $13.34M | $12.39M | $13.12M | $13.33M | $12.06M | $13.84M | $12.12M | $13.31M | $12.58M | $8.46M | $15.86M | $20.48M | $23.10M | $16.72M | $18.01M |
| Gross margin | 12.2% | 13.7% | 13.8% | 7.3% | 11.5% | 11.7% | 11.6% | 11.8% | 11.9% | 10.5% | 11.9% | 10.8% | 11.7% | 10.8% | 8.1% | 13.8% | 15.3% | 16.6% | 13.1% | 15.2% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | $0.00 | $483000.00 | $1.46M | $1.20M | $1.19M | $1.17M |
| SG&A | $10.13M | $12.53M | $13.39M | $5.87M | $7.02M | $8.19M | $6.64M | $6.86M | $6.94M | $7.23M | $8.26M | $8.09M | $8.43M | $9.63M | $8.04M | $10.00M | $11.43M | $12.35M | $11.71M | $10.79M |
| Operating income | $2.65M | $3.65M | $3.47M | $-5.48M | $1.23M | $1.51M | $1.46M | $1.46M | $1.33M | $-422048.00 | $629063.00 | $-1.27M | $1.25M | $224000.00 | $-2.06M | $2.27M | $3.89M | $5.95M | $-195000.00 | $1.24M |
| Operating margin | 2.5% | 3.1% | 2.8% | -6.9% | 1.2% | 1.3% | 1.4% | 1.3% | 1.2% | -0.4% | 0.5% | -1.1% | 1.1% | 0.2% | -2.0% | 2.0% | 2.9% | 4.3% | -0.2% | 1.0% |
| EBITDA | $4.25M | $5.47M | $5.44M | $-3.79M | $3.01M | $4.28M | $3.23M | $3.49M | $3.36M | $1.84M | $2.92M | $1.23M | $3.44M | $2.44M | $131000.00 | $10.39M | $5.81M | $8.00M | $1.54M | $2.53M |
| EBITDA margin | 4.0% | 4.6% | 4.5% | -4.7% | 3.0% | 3.7% | 3.0% | 3.1% | 3.0% | 1.6% | 2.5% | 1.1% | 3.0% | 2.1% | 0.1% | 9.0% | 4.3% | 5.7% | 1.2% | 2.1% |
| EBIT | $2.65M | $3.65M | $3.56M | $-5.71M | $1.31M | $2.24M | $1.37M | $1.48M | $1.33M | $-422048.00 | $629063.00 | $-1.27M | $1.25M | $224000.00 | $-2.06M | $8.44M | $3.89M | $5.95M | $-195000.00 | $1.24M |
| Interest expense | $820731.00 | $1.12M | $702458.00 | $512272.00 | $429123.00 | $511328.00 | $440175.00 | $388793.00 | $367590.00 | $465374.00 | $550289.00 | $627555.00 | $757000.00 | $1.04M | $620000.00 | $430000.00 | $411000.00 | $487000.00 | $744000.00 | $964000.00 |
| Income tax | $570000.00 | $898000.00 | $1.10M | $-2.39M | $375000.00 | $561000.00 | $298000.00 | $300000.00 | $81000.00 | $-316000.00 | $35000.00 | $375000.00 | $326000.00 | $409000.00 | $310000.00 | $859000.00 | $1.47M | $-1.41M | $356000.00 | — |
| Effective tax rate | 30.3% | 36.3% | 38.6% | 38.4% | 42.5% | 32.0% | 32.1% | 27.6% | 8.4% | 35.6% | 44.4% | -18.1% | 66.3% | -49.9% | -25.1% | 10.7% | 42.2% | -25.8% | -37.9% | 0.0% |
| Net income | $1.31M | $1.58M | $1.75M | $-3.84M | $506766.00 | $1.19M | $629438.00 | $787376.00 | $880017.00 | $-571422.00 | $43774.00 | $-2.45M | $166000.00 | $-1.23M | $-1.55M | $7.15M | $2.01M | $6.87M | $-1.29M | $-252000.00 |
| Net income growth (YoY) | — | +20.4% | +11.1% | -318.7% | +113.2% | +134.8% | -47.1% | +25.1% | +11.8% | -164.9% | +107.7% | -5687.3% | +106.8% | -839.8% | -25.9% | +562.7% | -71.9% | +242.0% | -118.8% | +80.5% |
| Profit margin | 1.2% | 1.3% | 1.4% | -4.8% | 0.5% | 1.0% | 0.6% | 0.7% | 0.8% | -0.5% | 0.0% | -2.2% | 0.1% | -1.1% | -1.5% | 6.2% | 1.5% | 4.9% | -1.0% | -0.2% |