Nortech Systems Incorporated (NSYS) — Financial statements
Income statement, balance sheet, and cash flow for Nortech Systems Incorporated — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 118↓7.6% | 128↓8.0% | 139↑3.9% | 134↑16.5% | 115 | |
| Cost of Revenue | 100↓9.9% | 111↓4.1% | 116↑2.3% | 114↑14.4% | 99 | |
| Gross Profit | 18↑7.7% | 17↓27.6% | 23↑12.8% | 20↑29.1% | 16 | |
| Operating Expenses | ||||||
| R&D Expenses | 1↓1.6% | 1↓0.7% | 1↓18.0% | 1↑202.9% | 0.48 | |
| General & Administrative Expenses | 11↓7.8% | 12↓5.2% | 12↑8.1% | 11↑14.2% | 10 | |
| Selling & Marketing Expenses | 5↑39.4% | 3↓4.2% | 4↓3.3% | 4↑57.5% | 2 | |
| SG&A Expenses | 16↑2.9% | 15↓5.0% | 16↑5.3% | 15↑22.5% | 12 | |
| Other Expenses | 0.00↓100.0% | 0.57 | 0.00↑100.0% | -0.02↓102.0% | 0.75 | |
| Operating Expenses | 17↓0.9% | 17↓1.4% | 17↑3.4% | 17↑22.1% | 14 | |
| Total Costs & Expenses | 117↓8.7% | 128↓3.8% | 133↑2.4% | 130↑15.4% | 113 | |
| Operating Results | ||||||
| Operating Income | 1↑736.4% | -0.20↓103.3% | 6↑53.1% | 4↑71.1% | 2 | |
| Depreciation & Amortization | 1↓25.9% | 2↓15.2% | 2↑6.9% | 2↓1.6% | 2 | |
| EBITDA | 3↑63.9% | 2↓80.7% | 8↑37.8% | 6↓44.1% | 10 | |
| EBIT | 1↑736.4% | -0.20↓103.3% | 6↑53.1% | 4↓54.0% | 8 | |
| Interest & Other Income | ||||||
| Net Interest Income | -0.96↓29.6% | -0.74↓52.8% | -0.49↓18.5% | -0.41↑4.4% | -0.43 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 0.96↑29.6% | 0.74↑52.8% | 0.49↑18.5% | 0.41↓4.4% | 0.43 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00↑100.0% | -6 | |
| Other Income / Expenses | -1↓65.3% | -0.74↓52.8% | -0.49↓18.5% | -0.41↓107.2% | 6 | |
| Income Before Tax | 0.01↑101.2% | -0.94↓117.2% | 5↑57.2% | 3↓56.6% | 8 | |
| Income Tax Expense | 0.26↓26.1% | 0.36↑125.3% | -1↓196.0% | 1↑70.8% | 0.86 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -0.25↑80.5% | -1↓118.8% | 7↑242.0% | 2↓71.9% | 7 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -0.25↑80.5% | -1↓118.8% | 7↑242.0% | 2↓71.9% | 7 | |
| Bottom-Line Net Income | -0.25↑80.5% | -1↓118.8% | 7↑242.0% | 2↓71.9% | 7 | |
| EPS (Basic) | -0.09↑80.7% | -0.47↓118.6% | 2.53↑237.3% | 0.75↓72.0% | 2.68 | |
| EPS (Diluted) | -0.09↑80.7% | -0.47↓119.7% | 2.38↑240.0% | 0.70↓72.4% | 2.54 | |
| Weighted Average Shares | 3↑0.7% | 3↑1.3% | 3↑1.4% | 3↑0.8% | 3 | |
| Weighted Average Diluted Shares | 3↑0.7% | 3↓4.4% | 3↓0.2% | 3↑2.5% | 3 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.