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ELST Electronic Systems Technology

Company profile

Ticker
ELST
Exchange
Employees
Incorporated
Location
Fiscal year end
SEC CIK
IRS number
911238077

Calendar

28 Jul 21
3 Aug 21
31 Dec 21
Quarter (USD)
Jun 21 Mar 21 Dec 20 Sep 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.

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
24 Aug 20 Edco Partners LLLP Common Stock Buy Aquire P Yes No 0.15 119,200 17.88K 1,797,700
19 May 20 Zeff Capital Common Stock Sell Dispose S No No 0.29 179,800 52.14K 422,381
13 May 20 Edco Partners LLLP Common Stock Buy Aquire P Yes No 0.25 125,000 31.25K 1,678,500

Financial report summary

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Management Discussion
  • GROSS REVENUES: Total revenues for the fiscal year 2020 were $1,225,372 reflecting a decrease of 13.0% from $1,408,548 in gross revenues for fiscal year 2019.  During the year ended December 31, 2020, two customers sales accounted for more than 10% of the total sales revenues.  The decrease in total revenues is the result of decreased product sales during 2020.  Domestic Sales for the fiscal year were $927,494 compared to $1,179,146 in 2019. Sales to Foreign Customers for the fiscal year were $297,878 compared to $229,402 in 2019. Product sales decreased to $1,181,022 in 2020, as compared to 2019 sales of $1,367,171 reflecting a decrease of 13.6%.  
  • Interest revenues during 2020 decreased to $10,736 from 2019 level of $22,198 due to the decreased interest rates for the certificates of deposit held by the Company and the reduction of the value of the certificates held during 2020.
  • As of December 31, 2020, the Company had sales backlog of $0.  The Company’s customers generally place orders on an "as needed basis".  Shipment of the Company’s products is generally completed within 1 to 15 working days after receipt of customer orders, with the exception of ongoing, scheduled projects, and custom designed equipment for specific customer applications.
Content analysis
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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
New words: fifteen, leaving, oTRANSITION, paid, profit, round
Removed: dated, primarily

Registration and prospectus

No filings