Loading...
Docoh

Nortech Systems (NSYS)

Nortech Systems is a leading provider of design and manufacturing solutions for complex electromechanical systems, assemblies, and components. Nortech Systems primarily serves the medical, aerospace & defense, and industrial markets. Its design services span concept development to commercial design, and include software, electrical, mechanical, and biomedical engineering. Its manufacturing and supply chain capabilities are vertically integrated around wire/cable/interconnect assemblies, printed circuit board assemblies, as well as system-level assembly, integration, and final test. Headquartered in Maple Grove, Minn., Nortech currently has seven manufacturing locations and design centers across the U.S., Latin America, and Asia.

Company profile

Ticker
NSYS
Exchange
CEO
Jay Dean Miller
Employees
Incorporated
Location
Fiscal year end
SEC CIK
Subsidiaries
Manufacturing Assembly Solutions of Monterrey, Inc. • Nortech Systems, Hong Kong Company, Limited • Nortech Systems, Suzhou Company, Limited ...
IRS number
411681094

NSYS stock data

Calendar

9 Aug 22
18 Aug 22
31 Dec 22
Quarter (USD) Jun 22 Mar 22 Dec 21 Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
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) 1.18M 1.18M 1.18M 1.18M 1.18M 1.18M
Cash burn (monthly) 147.33K 6.5K (no burn) (no burn) 1.14M 87.25K
Cash used (since last report) 242.71K 10.71K n/a n/a 1.88M 143.73K
Cash remaining 932.29K 1.16M n/a n/a -709.02K 1.03M
Runway (months of cash) 6.3 179.1 n/a n/a -0.6 11.8

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
11 May 22 David J. Graff Common Stock Grant Acquire A No No 0 3,000 0 3,000
11 May 22 David J. Graff Stock Options Common Stock Grant Acquire A No No 13.19 3,000 39.57K 3,000
12 Apr 22 David B Kunin Common Stock Buy Acquire P No Yes 10 1 10 64,497
11 Apr 22 David B Kunin Common Stock Buy Acquire P No Yes 10.023 585 5.86K 64,496
8 Apr 22 David B Kunin Common Stock Buy Acquire P No Yes 10 296 2.96K 63,911
31 Mar 22 David B Kunin Common Stock Buy Acquire P No Yes 10.1038 13 131.35 63,615
30 Mar 22 David B Kunin Common Stock Buy Acquire P No No 10.13 1,587 16.08K 63,602
29 Mar 22 David B Kunin Common Stock Buy Acquire P No No 10.17 1,587 16.14K 62,015
28 Mar 22 David B Kunin Common Stock Buy Acquire P No No 9.9909 1,578 15.77K 60,428
3.4% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 6 3 +100.0%
Opened positions 4 1 +300.0%
Closed positions 1 4 -75.0%
Increased positions 0 0
Reduced positions 2 1 +100.0%
13F shares Current Prev Q Change
Total value 951K 1.02M -6.5%
Total shares 90.8K 98.24K -7.6%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners Shares Value Change
Renaissance Technologies 64.16K $672K -6.7%
Chevy Chase Trust 24.34K $255K -17.4%
UBS UBS Group AG - Registered Shares 1.6K $17K NEW
CWM 671 $7K NEW
Tower Research Capital 26 $0 NEW
WFC Wells Fargo & Co. 7 $0 NEW
Proequities 0 $0
Largest transactions Shares Bought/sold Change
Chevy Chase Trust 24.34K -5.14K -17.4%
Renaissance Technologies 64.16K -4.6K -6.7%
UBS UBS Group AG - Registered Shares 1.6K +1.6K NEW
CWM 671 +671 NEW
Tower Research Capital 26 +26 NEW
WFC Wells Fargo & Co. 7 +7 NEW
BAC Bank Of America 0 -2 EXIT
Proequities 0 0

Content analysis

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Good
New words: asset, constant, driver, electronic, headcount
Removed: Additionally, discontinued, ease, ending, estate, hedging, impacted, LIBOR, limited, optional, real, reference, transitioning, valuation