AMOT Allied Motion Technologies, Inc.
Allied Motion Technologies, Inc. engages in the provision of motion control products, marketed to original equipment manufacturers and end users. The firm's activities include designing, manufacturing and selling of motors, electronic motion controls, gearing and optical encoders. It offers brush and brushless DC motors, coreless DC motors, integrated brushless motor-drives, gear motors, gearing, modular digital servo drives, motion controllers, incremental and absolute optical encoders, and associated motion control-related products to the automotive, medical, aerospace and defense, as well as in electronics and industrial markets. The company was founded in 1962 and is headquartered in Amherst, NY.
Company profile
Ticker
AMOT
Exchange
Website
CEO
Richard S. Warzala
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
Itron • Teradyne • Cohu • Transcat • Frequency Electronics • Wireless Telecom • Aehr Test Systems • Data I/O • Giga Tronics • Intest ...
Former names
Hathaway Corp
SEC CIK
Corporate docs
IRS number
840518115
Calendar
11 Mar 20
5 Apr 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|
| Revenue | 87.93M | 96.63M | 92.63M | 93.9M | |
| Net income | 3.49M | 4.62M | 4.45M | 4.47M | |
| Diluted EPS | 0.37 | 0.49 | 0.47 | 0.48 | |
| Net profit margin | 3.97% | 4.78% | 4.80% | 4.76% | |
| Operating income | 5.7M | 8.81M | 7.61M | 7.33M | |
| Net change in cash | 4.84M | -1.89M | 279K | 1.51M | |
| Cash on hand | 13.42M | 8.58M | 10.46M | 10.18M | |
| Cost of revenue | 61.46M | 66.6M | 64.21M | 66.23M |
| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
|---|---|---|---|---|---|
| Revenue | 371.08M | 310.61M | 252.01M | 245.89M | |
| Net income | 17.02M | 15.93M | 8.04M | 9.08M | |
| Diluted EPS | 1.8 | 1.7 | 0.87 | 1 | |
| Net profit margin | 4.59% | 5.13% | 3.19% | 3.69% | |
| Operating income | 29.44M | 23.23M | 18.8M | 18.88M | |
| Net change in cash | 4.74M | -6.92M | 107K | -5.8M | |
| Cash on hand | 13.42M | 8.67M | 15.59M | 15.48M | |
| Cost of revenue | 258.5M | 219.21M | 176.33M | 172.89M |
Financial data from company earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|
| 13 Mar 20 | Engel Robert B | Common Stock | Buy | Aquire P | 30 | 1,000 | 30K | 11,729 |
| 11 Mar 20 | Maida Robert P | Common Stock | Grant | Aquire A | 0 | 2,232 | 0 | 60,074 |
| 11 Mar 20 | Warzala Richard S | Common Stock | Grant | Aquire A | 0 | 9,053 | 0 | 1,044,754 |
| 11 Mar 20 | Warzala Richard S | Common Stock | Grant | Aquire A | 0 | 9,053 | 0 | 1,026,648 |
| 11 Mar 20 | Maida Robert P | Common Stock | Grant | Aquire A | 0 | 4,066 | 0 | 64,140 |
| 11 Mar 20 | Warzala Richard S | Common Stock | Grant | Aquire A | 0 | 39,214 | 0 | 1,083,968 |
| 11 Mar 20 | Leach Michael R | Common Stock | Grant | Aquire A | 0 | 2,445 | 0 | 30,797 |
| 11 Mar 20 | Leach Michael R | Common Stock | Grant | Aquire A | 0 | 5,372 | 0 | 38,614 |
| 11 Mar 20 | Leach Michael R | Common Stock | Grant | Aquire A | 0 | 2,445 | 0 | 33,242 |
| 15 Feb 20 | Warzala Richard S | Common Stock | Payment of exercise | Dispose F | 0 | 2,594 | 0 | 1,026,648 |
Institutional ownership Q4 2019
13F holders |
Current |
|---|---|
| Total holders | 0 |
| Opened positions | 0 |
| Closed positions | 0 |
| Increased positions | 0 |
| Reduced positions | 0 |
13F shares |
Current |
|---|---|
| Total value | 0 |
| Total shares | 0 |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
Largest owners |
Shares | Value |
|---|
Financial report summary
?Management Discussion
- REVENUES: During 2019, we experienced growth in all of our served markets. Organic growth accounted for 9% of the 19% increase in sales in 2019 with the remainder due to acquisitions. Our sales for 2019 were comprised of 57% to US customers and 43% to customers primarily in Europe, Canada and Asia. The overall increase in revenue was primarily due to increased volume. The increase in revenue was 22% when excluding foreign currency impacts from both 2019 and 2018. See information included in “Non – GAAP Measures” below for a discussion of the non-GAAP measure and reconciliation of revenue to revenue excluding foreign currency impacts.
Content analysis
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New words:
andOakville, automobile, began, certification, commenced, commencement, consuming, Dynamic, edge, estate, explanatory, extend, extending, Germantown, hereinafter, implicit, inInternal, Invacare, joint, leadership, lean, niche, obscure, outbreak, paragraph, predecessor, prepaid, prolonged, real, rehabilitation, restate, Restated, ROU, space, Statementsfor, subset, talent, treat, unrealized, WI
Removed:
advanced, assuming, brand, broadening, broadly, consulting, continuation, credited, de, dilutive, diversity, enhancing, entitled, ERP, factoring, Ferndown, fire, indefinitely, ineffective, infrastructure, July, liquidated, Oakville, obsolescence, Ontario, optimizing, outcome, parent, planned, promotion, recording, rest, retrospectively, revolver, shipping, sustained, swap, targeted, tool, TUs
Financial reports
10-K
2019 FY
Annual report
11 Mar 20
10-Q
2019 Q3
Quarterly report
31 Oct 19
10-Q
2019 Q2
Quarterly report
1 Aug 19
10-Q
2019 Q1
Quarterly report
1 May 19
10-K
2018 FY
Annual report
13 Mar 19
10-Q
2018 Q3
Quarterly report
31 Oct 18
10-Q
2018 Q2
Quarterly report
1 Aug 18
10-Q
2018 Q1
Quarterly report
2 May 18
10-K
2017 FY
Annual report
14 Mar 18
10-Q
2017 Q3
Quarterly report
1 Nov 17
Current reports
8-K
Entry into a Material Definitive Agreement
13 Feb 20
8-K
Departure of Directors or Certain Officers
4 Nov 19
8-K
Departure of Directors or Certain Officers
29 Apr 19
8-K
Departure of Directors or Certain Officers
18 Mar 19
8-K/A
Consolidated Financial Statements
15 Feb 19
8-K
Entry into a Material Definitive Agreement
11 Dec 18
8-K
Departure of Directors or Certain Officers
25 Sep 18
8-K
Changes in Registrant's Certifying Accountant
7 Aug 18
8-K
Departure of Directors or Certain Officers
3 Jan 18
8-K
Departure of Directors or Certain Officers
23 Aug 17
Registration and prospectus
S-3
Shelf registration
27 Dec 18
S-8
Registration of securities for employees
4 May 17
S-8
Registration of securities for employees
19 Mar 13
S-8
Registration of securities for employees
12 Nov 10
S-8
Registration of securities for employees
3 Dec 08
S-8
Registration of securities for employees
15 Feb 08
S-8
Registration of securities for employees
25 Jan 05
S-3
Shelf registration
17 Sep 04
425
Business combination disclosure
11 May 04
S-4/A
Registration of securities issued in business combination transactions (amended)
26 Mar 04
Proxies
DEF 14A
Definitive proxy
3 Apr 20
DEF 14A
Definitive proxy
1 Apr 19
DEF 14A
Definitive proxy
29 Mar 18
DEF 14A
Definitive proxy
4 Apr 17
DEF 14A
Definitive proxy
6 Apr 16
DEF 14A
Definitive proxy
8 Apr 15
DEF 14A
Definitive proxy
11 Apr 14
DEF 14A
Definitive proxy
1 Apr 13
DEF 14A
Definitive proxy
19 Mar 12
DEF 14A
Definitive proxy
22 Mar 11
Other
SD
Conflict minerals disclosure
30 May 19
SD
Conflict minerals disclosure
31 May 18
SD
Conflict minerals disclosure
31 May 17
SD
Conflict minerals disclosure
31 May 16
SD
Conflict minerals disclosure
29 May 15
SD
Conflict minerals disclosure
2 Jun 14
UPLOAD
Letter from SEC
21 Jun 10
CORRESP
Correspondence with SEC
15 Jun 10
UPLOAD
Letter from SEC
7 Jun 10
Ownership
4
ALLIED MOTION / Robert B Engel ownership change
16 Mar 20
4
ALLIED MOTION / Robert P Maida ownership change
13 Mar 20
4
ALLIED MOTION / Michael R Leach ownership change
13 Mar 20
4
ALLIED MOTION / RICHARD S WARZALA ownership change
13 Mar 20
4
ALLIED MOTION / RICHARD S WARZALA ownership change
21 Feb 20
4
ALLIED MOTION / Robert P Maida ownership change
14 Feb 20
4
ALLIED MOTION / Michael R Leach ownership change
14 Feb 20
4
ALLIED MOTION / RICHARD S WARZALA ownership change
14 Feb 20
SC 13G
Allied Motion Technologies Inc
7 Feb 20
4
ALLIED MOTION / RICHARD S WARZALA ownership change
30 Jan 20
Patents
APP
Utility
Passive Harmonic Filter Power Quality Monitor and Communications Device
19 Mar 20
A method and apparatus for detection of a failure of a rectifier connected to a passive harmonic filter with a tuned circuit reactor, or of the filter itself, using low cost voltage sensing, modeling of reactor resistance and saturable inductance, and a mathematical integration.
GRANT
Utility
Flexible winding for an electric motor and method of producing
3 Dec 19
A flexible winding, for a brushless, rotating motor, comprising a flexible substrate.