NSYS Nortech Systems Dashboard

Nortech Systems, Inc. operates as an electronic manufacturing services company. The firm offers a full range of value-added engineering, technical and manufacturing services and support including project management, designing, testing, prototyping, manufacturing, supply chain management and post-market services. Its manufacturing and engineering services include complete medical devices, printed circuit board assemblies, wire and cable assemblies, and complex higher-level electromechanical assemblies. The firm operations fall under the Contract Manufacturing segment. It serves the Aerospace & Defense, Industrial & Commercial and Medical markets. The company was founded in December 1990 and is headquartered in Maple Grove, MN.

Company profile

Ticker

NSYS

Exchange

NASDAQ

Website

www.nortechsys.com

CEO

Jay Dean Miller

Incorporated

Minnesota

Location

Minnesota

Fiscal year end

Dec 31

Sector

Manufacturing > Electronic Computer Manufacturing

Industry (SIC)

Electronic Components, NEC

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SEC CIK

0000722313

Corporate docs

Articles of Incorporation & Bylaws

IRS number

411681094

NSYS stock data

S&P 500

1M 1Y 2Y 5Y

News

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12 Information Technology Stocks Moving In Wednesday's Intraday Session

7 Apr 21

12 Information Technology Stocks Moving In Monday's Pre-Market Session

5 Apr 21

25 Stocks Moving in Monday's Pre-Market Session

5 Apr 21

Gainers International General Insurance Holdings Ltd. (NASDAQ: IGIC) rose 758% to $70.00 in pre-market trading. IGI recently appointed Richard Foster as Head of Property, Political Violence and Contingency Business.

31 Stocks Moving in Thursday's Pre-Market Session

1 Apr 21

12 Information Technology Stocks Moving In Monday's Intraday Session

29 Mar 21

Press releases

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Nortech Systems Announces 2020 Results

23 Mar 21

Fiscal Year Revenue Declines 10.5%; GAAP Net Loss of ($1.5) million Adjusted EBITDA of $0.1 million for Fiscal Year 2020 Compared to $2.4 million in Fiscal Year 2019 Nortech Strengthens the Balance Sheet and

Calendar

23 Mar 21

17 Apr 21

31 Dec 21

Financial summary

Financial statements Chart NSYS financial data

Quarter (USD)	Dec 20	Sep 20	Jun 20	Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	3.56M	3.56M	3.56M	3.56M	3.56M	3.56M
Cash burn (monthly)	(positive/no burn)	(positive/no burn)	1.29M	73.83K	(positive/no burn)	(positive/no burn)
Cash used (since last report)	n/a	n/a	4.59M	263.51K	n/a	n/a
Cash remaining	n/a	n/a	-1.03M	3.3M	n/a	n/a
Runway (months of cash)	n/a	n/a	-0.8	44.7	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

NSYS insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
28 Dec 20	Christopher Dean Jones	Common Stock	Buy	Aquire P	No	Yes	6.2304	14,636	91.19K	19,197
23 Dec 20	Christopher Dean Jones	Common Stock	Buy	Aquire P	No	Yes	5.6605	2,034	11.51K	4,561
22 Dec 20	Christopher Dean Jones	Common Stock	Buy	Aquire P	No	Yes	5.3834	2,527	13.6K	2,527
16 Dec 20	Dan Sachs	Stock Options Common Stock	Grant	Aquire A	No	No	4.93	3,000	14.79K	3,000
16 Dec 20	Smith Philip Irving	Stock Options Common Stock	Grant	Aquire A	No	No	4.93	3,000	14.79K	3,000

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

NSYS institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

3.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	5	6	-16.7%
Opened positions	0	2	EXIT
Closed positions	1	2	-50.0%
Increased positions	1	1	–
Reduced positions	1	0	NEW

13F shares	Current	Prev Q	Change
Total value	647K	410K	+57.8%
Total shares	90.23K	87.36K	+3.3%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Renaissance Technologies	63.46K	$455K	+10.3%
Chevy Chase Trust	26.73K	$192K	0.0%
Tower Research Capital	37	$0	-70.6%
WFC Wells Fargo & Co.	7	$0	0.0%
Proequities	0	$0

Largest transactions	Shares	Bought/sold	Change
Renaissance Technologies	63.46K	+5.9K	+10.3%
UBS UBS Group AG - Registered Shares	0	-2.94K	EXIT
Tower Research Capital	37	-89	-70.6%
WFC Wells Fargo & Co.	7	0	0.0%
Proequities	0	0
Chevy Chase Trust	26.73K	0	0.0%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

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Removed: achievement, allocation, assumed, begin, blend, calculating, combined, consulting, Crosscourt, exercisable, exert, experiencing, forfeited, individually, initial, July, Mahmood, Matt, minimum, modified, Murray, participant, perspective, practical, renewed, rent, retrospective, selecting, September, ship, step, tangible, Topic, unissued, William

From filing 10-K 2020 FY