IIN Intricon Corp
Intricon Corp. engages in the design, development, engineering, manufacture, and distribution of miniature and micro-miniature body-worn devices. It operates through the Body-Worn Device and Hearing Health Direct-To-Consumer segments. The Body-Worn Device segment comprises medical, hearing health, and professional audio markets. The Hearing Health Direct-To-Consumer segment provides advanced hearing products such as ultra-miniature volume controls and trimmers, custom amplifiers, and custom, completed hearing instruments. The company was founded in 1930 and is headquartered in Arden Hills, MN.
Company profile
Ticker
IIN
Exchange
Website
CEO
Mark Stephen Gorder
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
Former names
Selas Corp Of America
SEC CIK
Corporate docs
IRS number
231069060
IIN stock data
()
Calendar
22 May 20
10 Jul 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|
| Revenue | 21.5M | -56.23M | 26.89M | 29.34M | |
| Net income | -1.98M | 767K | -290K | -5.03M | |
| Diluted EPS | -0.22 | 0.09 | -0.03 | -0.57 | |
| Net profit margin | -9.20% | -1.36% | -1.08% | -17.15% | |
| Operating income | -2.04M | 702K | -391K | -3.37M | |
| Net change in cash | 6.65M | -165K | -1.11M | -3.39M | |
| Cash on hand | 15.18M | 8.52M | 8.69M | 9.8M | |
| Cost of revenue | 16.93M | 20.25M | 20.12M | 21.12M |
| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
|---|---|---|---|---|---|
| Revenue | 29.57M | 113.95M | 88.31M | 68.01M | |
| Net income | -3.78M | 5.55M | 1.12M | -5.1M | |
| Diluted EPS | -0.43 | 0.64 | 0.28 | -0.76 | |
| Net profit margin | -12.77% | 4.87% | 1.27% | -7.50% | |
| Operating income | -2.04M | 8.38M | 3.58M | -1.96M | |
| Net change in cash | 476K | 7.67M | -294K | 300K | |
| Cash on hand | 8.52M | 8.05M | 373K | 667K | |
| Cost of revenue | 82.51M | 77.72M | 61.68M | 52.26M |
Financial data from Intricon earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 1 May 20 | Gorder Mark Stephen | Common Stock | Payment of exercise | Dispose F | No | 13 | 1,041 | 13.53K | 280,677 |
| 1 May 20 | Longval Scott | Common Stock | Payment of exercise | Dispose F | No | 13 | 716 | 9.31K | 50,683 |
| 1 May 20 | Geraci Michael | Common Stock | Payment of exercise | Dispose F | No | 13 | 716 | 9.31K | 49,913 |
| 1 May 20 | Gonsior Dennis | Common Stock | Payment of exercise | Dispose F | No | 13 | 716 | 9.31K | 66,979 |
| 1 May 20 | Gorder Mark Stephen | Common Stock | Payment of exercise | Dispose F | No | 13 | 888 | 11.54K | 280,830 |
Institutional ownership Q1 2020
71.6% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 68 |
| Opened positions | 4 |
| Closed positions | 10 |
| Increased positions | 29 |
| Reduced positions | 26 |
13F shares |
Current |
|---|---|
| Total value | 104.87M |
| Total shares | 6.37M |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
Largest owners |
Shares | Value |
|---|---|---|
| Royce & Associates | 660.38K | $7.77M |
| BLK BlackRock | 599.07K | $7.05M |
| Russell Investments | 577.6K | $6.8M |
| GBL Gamco Investors, Inc. Et Al | 515.45K | $6.07M |
| Vanguard | 467.99K | $5.51M |
| Palisade Capital Management | 450.56K | $5.3M |
| Dimensional Fund Advisors | 414.56K | $4.88M |
| Mairs & Power | 340.88K | $4.01M |
| Tocqueville Asset Management | 202.9K | $2.39M |
| TETAB Teton Advisors | 193.72K | $2.28M |
Content analysis
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H.S. freshman Avg
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New words:
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Removed:
accessibility, accessible, adding, addressable, aforementioned, aged, agency, aggressively, analyzing, announcement, application, arriving, assisted, audiology, back, band, begun, billing, biotelemetry, Blank, build, cardiac, carry, central, Chairman, circuit, classification, clean, close, cloud, Codification, command, commencement, comment, commercialization, commitment, comparative, competition, complementary, component, computer, coupled, detailing, dexterity, diagnostic, directed, discrete, dissatisfied, document, draft, efficient, encouraging, enforce, establish, evaluated, exceed, exemption, expedient, explaining, facilitate, fall, February, finalize, firm, found, fraction, free, frequency, fueled, gather, hassle, HHE, highlighted, hosted, identical, identifying, impaired, important, individual, infrastructure, innovation, innovative, input, insight, Institute, IntriFit, introduction, invigorate, ISM, key, lessee, lessor, LLP, long, mail, mandatory, minimum, mortar, narrow, Nasdaq, occurrence, occurring, offer, office, Overview, pacemaker, package, passage, patient, payoff, perfect, permitted, personal, practical, premarket, preparing, prepayment, prevent, printed, programming, promote, protocol, purpose, qualification, radio, reach, reassessed, reassessment, recognize, recording, remove, Renewal, reopened, requirement, restate, resulted, retired, retrospectively, role, Rome, room, rounding, scientific, sound, space, spent, spur, stakeholder, subsequent, targeted, telemedicine, Thirteenth, tooling, underlying, underserved, unserved, upcoming, validation, vehicle, vital, vortex, wearing, weighed, window, workshop
Financial reports
10-Q
2020 Q1
Quarterly report
22 May 20
10-K
2019 FY
Annual report
16 Mar 20
10-Q
2019 Q3
Quarterly report
8 Nov 19
10-Q
2019 Q2
Quarterly report
9 Aug 19
10-Q
2019 Q1
Quarterly report
10 May 19
10-K
2018 FY
Annual report
14 Mar 19
10-Q
2018 Q3
Quarterly report
14 Nov 18
10-Q
2018 Q2
Quarterly report
9 Aug 18
10-Q
2018 Q1
Quarterly report
15 May 18
10-K
2017 FY
Annual report
13 Mar 18
Current reports
8-K
IntriCon Announces Chief Executive Officer Transition
25 Jun 20
8-K
Results of Operations and Financial Condition
21 May 20
8-K
Intricon Reports First Quarter 2020 Results
20 May 20
8-K
Other Events
8 May 20
8-K
Submission of Matters to a Vote of Security Holders
29 Apr 20
8-K
Intricon Offers COVID-19 Related Business Update
8 Apr 20
8-K
IntriCon Corporation Announces Change to Virtual Meeting Format for its
31 Mar 20
8-K/A
Changes in Registrant's Certifying Accountant
16 Mar 20
8-K
Intricon Reports Fourth Quarter and Full Year 2019 Results
24 Feb 20
8-K
Changes in Registrant's Certifying Accountant
27 Jan 20
Registration and prospectus
424B5
Prospectus supplement for primary offering
16 Aug 18
424B5
Prospectus supplement for primary offering
14 Aug 18
S-3/A
Shelf registration (amended)
7 Aug 18
S-8 POS
Registration of securities for employees (post-effective amendment)
26 Jul 18
S-3
Shelf registration
25 Jul 18
S-3
Shelf registration
7 May 18
424B5
Prospectus supplement for primary offering
13 May 16
424B5
Prospectus supplement for primary offering
13 May 16
S-8
Registration of securities for employees
12 May 16
S-8
Registration of securities for employees
13 May 15
Proxies
DEFA14A
Additional proxy soliciting materials
31 Mar 20
DEFA14A
Additional proxy soliciting materials
16 Mar 20
DEF 14A
Definitive proxy
16 Mar 20
DEFA14A
Additional proxy soliciting materials
14 Mar 19
DEF 14A
Definitive proxy
14 Mar 19
DEF 14A
Definitive proxy
13 Mar 18
DEFA14A
Additional proxy soliciting materials
13 Mar 18
DEF 14A
Definitive proxy
15 Mar 17
DEFA14A
Additional proxy soliciting materials
15 Mar 17
DEF 14A
Definitive proxy
11 Mar 16
Other
SD
Conflict minerals disclosure
29 May 20
UPLOAD
Letter from SEC
18 May 20
CORRESP
Correspondence with SEC
8 May 20
UPLOAD
Letter from SEC
29 Apr 20
SD
Conflict minerals disclosure
30 May 19
EFFECT
Notice of effectiveness
8 Aug 18
CORRESP
Correspondence with SEC
6 Aug 18
SD
Conflict minerals disclosure
31 May 18
EFFECT
Notice of effectiveness
18 May 18
CORRESP
Correspondence with SEC
17 May 18
Ownership
4/A
INTRICON / Scott Longval ownership change
6 May 20
4/A
INTRICON / Dennis Gonsior ownership change
6 May 20
4/A
INTRICON / MARK STEPHEN GORDER ownership change
6 May 20
4/A
INTRICON / Michael Geraci ownership change
6 May 20
4
INTRICON / MARK STEPHEN GORDER ownership change
5 May 20
4
INTRICON / Scott Longval ownership change
5 May 20
4
INTRICON / Michael Geraci ownership change
5 May 20
4
INTRICON / Dennis Gonsior ownership change
5 May 20
4
INTRICON / PHILIP IRVING SMITH ownership change
30 Apr 20
4
INTRICON / Heather D. Rider ownership change
30 Apr 20
Patents
GRANT
Utility
Head direction hearing assist switching
16 Jun 20
A body-worn hearing assist device such as a hearing aid allows at least two audio inputs, such as through a wireless chipset and from an onboard microphone.
APP
Utility
Visual Communication Of Hearing Aid Patient-Specific Coded Information
16 Apr 20
A method and system visually communicates hearing aid information between a patient's smartphone and an audiologist's computer system by using a QR code captured by a camera.
GRANT
Utility
Synchronizing asynchronous dual-stack radio events for hearing device applications
14 Apr 20
A battery-powered mobile hearing assist device allows concurrent wireless transception of control data via standard Bluetooth low energy (“BLE”), such as a smartphone, and proprietary audio streaming (“PAS”) from a second device such as a wireless audio streaming accessory.
APP
Utility
Hearing Assist Device Fitting Method And Software
5 Mar 20
A method and software program is used by patients for fitting and refitting of a DSP-based hearing assistance device.
GRANT
Utility
Feedback reduction for high frequencies
3 Dec 19
A digital signal processor processes acoustic sound in a body-worn hearing assist device including separating the microphone signal into frequency bands.