NSYS

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Nortech Systems Inc.

Physical products Sells to businessesTags from an AI model reading the company description.

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Key Metrics

Previous Close: $10.96
52-Week Range: $6.50 – $18.01
Market Cap: $33.05M
P/E (TTM): 32.17
EPS (TTM): 0.36
Dividend Yield: 0.00%

Advanced Metrics

Price/Book: 0.94
PEG Ratio: —
Return on Equity: 3.00%
Return on Assets: 2.03%
Gross Margin: 16.44%
Operating Margin: 1.86%
Profit Margin: 0.83%
Current Ratio: 1.78
Debt/Equity: 0.50
Total Debt: $17.89M
Free Cash Flow: $3.04M
Revenue Growth: 9.30%
Earnings Growth: -2.50%
Enterprise Value: $49.80M

NSYS Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$134.12M	$139.33M	$128.13M	$118.36M
Cost of Revenue	$113.64M	$116.23M	$111.41M	$100.36M
Gross Profit	$20.48M	$23.10M	$16.72M	$18.01M
Research & Development	$1.46M	$1.20M	$1.19M	$1.17M
Selling, General & Admin	$15.14M	$15.95M	$15.15M	$15.59M
Operating Expenses	$16.61M	$17.15M	$16.35M	$16.77M
Operating Income	$3.87M	$5.95M	$376.00K	$1.24M
EBITDA	$5.81M	$8.00M	$1.54M	$2.26M
Pretax Income	$3.48M	$5.47M	-$939.00K	$11.00K
Income Tax	$1.47M	-$1.41M	$356.00K	$263.00K
Net Income	$2.01M	$6.87M	-$1.29M	-$252.00K
Diluted EPS	0.70	2.38	-0.47	-0.09
Diluted Shares	2.89M	2.89M	2.76M	2.78M

NSYS Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$1.03M	$960.00K	$916.00K	$1.66M
Receivables	$28.61M	$33.76M	$28.67M	$32.18M
Inventory	$22.44M	$21.66M	$21.64M	$20.70M
Current Assets	$54.86M	$58.79M	$55.31M	$56.15M
Total Assets	$69.54M	$75.13M	$72.44M	$71.92M
Current Liabilities	$26.40M	$26.58M	$21.43M	$29.84M
Long-Term Debt	$6.85M	$5.82M	$8.63M	—
Total Debt	$16.51M	$14.18M	$18.04M	$15.71M
Total Liabilities	$41.46M	$39.78M	$38.43M	$37.37M
Retained Earnings	$11.83M	$18.67M	$17.38M	$17.12M
Shareholders' Equity	$28.08M	$35.34M	$34.01M	$34.55M
Working Capital	$28.46M	$32.21M	$33.89M	$26.31M
Net Debt	$5.83M	$4.86M	$7.72M	$5.34M

NSYS Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$5.40M	$1.77M	-$2.25M	$2.74M
Capital Expenditure	-$2.44M	-$1.28M	-$1.27M	-$661.00K
Free Cash Flow	$2.96M	$485.00K	-$3.52M	$2.08M
Depreciation & Amortisation	$1.92M	$2.05M	$1.74M	$1.29M
Stock-Based Compensation	$334.00K	$423.00K	$461.00K	$503.00K
Investing Cash Flow	-$2.43M	-$1.28M	-$1.26M	-$157.00K
Financing Cash Flow	-$2.67M	-$1.28M	$2.77M	-$1.87M
Share Repurchases	—	$0.00	-$100.00K	$0.00
Net Change in Cash	$309.00K	-$796.00K	-$748.00K	$719.00K

NSYS Income statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$26.89M	$30.68M	$30.48M	$30.31M	$30.32M	$33.54M
Cost of Revenue	$23.82M	$25.84M	$25.46M	$25.25M	$25.61M	$27.84M
Gross Profit	$3.08M	$4.84M	$5.03M	$5.07M	$4.70M	$5.70M
Research & Development	$326.00K	$302.00K	$266.00K	$278.00K	$310.00K	$346.00K
Selling, General & Admin	$4.10M	$3.79M	$3.81M	$3.89M	$4.34M	$4.73M
Operating Expenses	$4.42M	$4.09M	$4.08M	$4.17M	$4.66M	$5.08M
Operating Income	-$1.35M	$742.00K	$945.00K	$901.00K	$47.00K	$623.00K
EBITDA	-$1.27M	$1.07M	$1.25M	$1.20M	$350.00K	$938.00K
Pretax Income	-$1.83M	$485.00K	$672.00K	$681.00K	-$209.00K	$426.00K
Income Tax	-$511.00K	$172.00K	$818.00K	-$216.00K	-$175.00K	$110.00K
Net Income	-$1.32M	$313.00K	-$146.00K	$897.00K	-$34.00K	$316.00K
Diluted EPS	-0.48	0.12	-0.05	0.31	-0.01	0.11
Diluted Shares	2.76M	2.95M	2.79M	2.91M	2.79M	3.00M

NSYS Balance Sheet statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$1.16M	$652.00K	$1.27M	$1.66M	$1.96M	$1.38M
Receivables	$29.07M	$32.79M	$34.14M	$32.18M	$33.83M	$36.83M
Inventory	$20.91M	$18.63M	$18.43M	$20.70M	$23.56M	$24.51M
Current Assets	$57.32M	$58.32M	$59.21M	$56.15M	$60.67M	$64.29M
Total Assets	$73.53M	$74.83M	$74.76M	$71.92M	$76.64M	$80.05M
Current Liabilities	$20.72M	$21.61M	$33.60M	$29.84M	$33.00M	$36.04M
Long-Term Debt	$11.96M	$11.62M	—	—	$1.74M	$1.64M
Total Debt	$21.57M	$21.01M	$21.10M	$15.71M	$17.99M	$17.89M
Total Liabilities	$40.70M	$41.44M	$41.40M	$37.37M	$41.93M	$44.57M
Retained Earnings	$16.06M	$16.37M	$16.23M	$17.12M	$17.09M	$17.41M
Shareholders' Equity	$32.83M	$33.39M	$33.36M	$34.55M	$34.71M	$35.47M
Working Capital	$36.61M	$36.71M	$25.60M	$26.31M	$27.68M	$28.26M
Net Debt	$11.36M	$10.96M	$10.76M	$5.34M	$7.70M	$8.56M

NSYS Cash Flow statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	-$2.93M	$157.00K	-$92.00K	$5.61M	-$1.56M	-$888.00K
Capital Expenditure	-$268.00K	-$99.00K	-$150.00K	-$144.00K	-$228.00K	-$95.00K
Free Cash Flow	-$3.20M	$58.00K	-$242.00K	$5.46M	-$1.79M	-$983.00K
Depreciation & Amortisation	$347.00K	$331.00K	$308.00K	$302.00K	$303.00K	$315.00K
Stock-Based Compensation	$118.00K	$117.00K	$134.00K	$134.00K	$126.00K	$194.00K
Investing Cash Flow	-$268.00K	-$90.00K	$345.00K	-$144.00K	-$228.00K	-$95.00K
Financing Cash Flow	$3.45M	-$588.00K	$360.00K	-$5.08M	$2.34M	$438.00K
Share Repurchases	—	—	—	$0.00	—	—
Net Change in Cash	$248.00K	-$521.00K	$613.00K	$379.00K	$547.00K	-$545.00K

Market Snapshot

About

Nortech Systems provides end-to-end electronics manufacturing services (EMS), specializing in complex electromechanical assemblies for medical, aerospace, defense, and industrial markets. The company offers design, engineering, supply chain management, and full-service manufacturing solutions from its facilities in Minnesota and Mexico.