nortech systems, inc., is a full-service electronics manufacturing services (ems) provider of wire and cable assemblies, printed circuit board assemblies and diagnostic repair and integration services including, higher-level assemblies and box builds for a wide range of industries. markets served include medical, automotive, aerospace, computer peripheral, commercial, telecom, government and consumer. nortech systems has a range of specialized, high-tech facilities used for customized design, manufacture, testing and repair of its solutions.
Company profile
Ticker
NSYS
Exchange
Website
CEO
Jay Dean Miller
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Manufacturing Assembly Solutions of Monterrey, Inc. • Nortech Systems, Hong Kong Company, Limited • Nortech Systems, Suzhou Company, Limited ...
IRS number
411681094
NSYS stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
2 Apr 24
8-K
Nortech Systems Reports Fourth Quarter and Full Year 2023 Results
20 Mar 24
10-K
2023 FY
Annual report
20 Mar 24
8-K
Entry into a Material Definitive Agreement
5 Mar 24
8-K
Departure of Directors or Certain Officers
26 Dec 23
8-K
Nortech Systems Names Andrew LaFrence CFO and Senior Vice President of Finance
5 Dec 23
10-Q
2023 Q3
Quarterly report
14 Nov 23
8-K
Nortech Systems Reports Third Quarter 2023 Results
8 Nov 23
8-K
Departure of Directors or Certain Officers
1 Nov 23
8-K
Nortech Systems Reports Second Quarter 2023 Results
9 Aug 23
Transcripts
NSYS
Earnings call transcript
2023 Q4
20 Mar 24
NSYS
Earnings call transcript
2023 Q3
8 Nov 23
NSYS
Earnings call transcript
2023 Q2
9 Aug 23
NSYS
Earnings call transcript
2023 Q1
11 May 23
NSYS
Earnings call transcript
2022 Q4
17 Mar 23
NSYS
Earnings call transcript
2022 Q3
11 Nov 22
NSYS
Earnings call transcript
2022 Q2
11 Aug 22
NSYS
Earnings call transcript
2022 Q1
12 May 22
NSYS
Earnings call transcript
2021 Q4
22 Mar 22
NSYS
Earnings call transcript
2021 Q3
12 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.12 mm | 1.12 mm | 1.12 mm | 1.12 mm | 1.12 mm | 1.12 mm |
Cash burn (monthly) | 264.67 k | 80.92 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 1.81 mm | 554.26 k | n/a | n/a | n/a | n/a |
Cash remaining | -691.91 k | 566.74 k | n/a | n/a | n/a | n/a |
Runway (months of cash) | -2.6 | 7.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2023
3.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 5 |
Opened positions | 0 |
Closed positions | 3 |
Increased positions | 3 |
Reduced positions | 1 |
13F shares | Current |
---|---|
Total value | 397.81 mm |
Total shares | 94.93 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Renaissance Technologies | 54.06 k | $524.00 k |
Chevy Chase Trust | 18.23 k | $176.82 mm |
RY Royal Bank Of Canada | 10.20 k | $99.00 mm |
Dimensional Fund Advisors | 10.14 k | $99.15 mm |
Tower Research Capital | 2.30 k | $22.31 mm |
Proequities | 0.00 | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
4 Dec 23 | Andrew D.C. LaFrence | Options Common Stock | Grant | Acquire A | No | No | 9.04 | 40,000 | 361.60 k | 40,000 |
10 Nov 23 | Amy S. Fredregill | Common Stock | Grant | Acquire A | No | No | 9.39 | 2,250 | 21.13 k | 2,250 |
10 Nov 23 | Jose Antonio Peris | Common Stock | Grant | Acquire A | No | No | 9.39 | 2,250 | 21.13 k | 2,250 |
News
Why FactSet Research Shares Are Trading Lower By Around 5%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
21 Mar 24
Guess? Posts Upbeat Earnings, Joins Lufax, Nortech Systems And Other Big Stocks Moving Higher On Thursday
21 Mar 24
12 Information Technology Stocks Moving In Thursday's Intraday Session
21 Mar 24
12 Information Technology Stocks Moving In Thursday's Pre-Market Session
21 Mar 24
12 Information Technology Stocks Moving In Wednesday's After-Market Session
20 Mar 24
Press releases
Nortech Systems Incorporated to Report First Quarter 2024 Financial Results and Hold a Conference Call on May 16, 2024
24 Apr 24
Nortech Systems Reports Fourth Quarter and Full Year 2023 Results
20 Mar 24
Nortech Systems to Report Fiscal Fourth Quarter and Full Year 2023 Financial Results and Hold a Conference Call on March 20, 2024
18 Mar 24