NORTECH SYSTEMS INCORPORATED
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $112.3M | $116.6M | $115.2M | $112.0M | $111.1M | $106.9M | $114.2M | $99.8M |
| Cost of Revenue | $100.2M | $102.8M | $103.1M | $98.7M | $97.9M | $94.5M | $100.9M | $88.4M |
| Gross Profit | $12.1M | $13.8M | $12.1M | $13.3M | $13.1M | $12.4M | $13.3M | $11.4M |
| Gross Margin | 10.8% | 11.9% | 10.5% | 11.9% | 11.8% | 11.6% | 11.7% | 11.5% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $8.1M | $8.3M | $7.2M | $6.9M | $6.9M | $6.6M | $8.2M | $7.1M |
| Operating Income | $-1.3M | $629.1K | $-422.0K | $1.3M | $1.5M | $1.5M | $1.5M | $1.2M |
| Operating Margin | -1.1% | 0.5% | -0.4% | 1.2% | 1.3% | 1.4% | 1.3% | 1.2% |
| Interest Expense | $628.0K | $550.3K | $465.4K | $367.6K | $388.8K | $440.2K | $511.3K | $429.1K |
| Pretax Income | $-2.1M | $78.8K | $-887.4K | $961.0K | $1.1M | $927.4K | $1.8M | $881.8K |
| Income Tax Expense | $375.0K | $35.0K | $-316.0K | $81.0K | $300.0K | $298.0K | $561.0K | $375.0K |
| Net Income | $-2.4M | $43.8K | $-571.4K | $880.0K | $787.4K | $629.4K | $1.2M | $506.8K |
| Net Margin | -2.2% | 0.0% | -0.5% | 0.8% | 0.7% | 0.6% | 1.0% | 0.5% |
| EPS (Basic) | $-0.89 | $0.02 | $-0.21 | $0.32 | $0.29 | $0.23 | $0.43 | $0.18 |
| EPS (Diluted) | $-0.89 | $0.02 | $-0.21 | $0.32 | $0.29 | $0.23 | $0.43 | $0.18 |
| Shares Outstanding (Basic) | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M |
| Shares Outstanding (Diluted) | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |