SVT Servotronics, Inc.

All SVT filings Filing statistics SEC Website

Servotronics, Inc. engages in the design, development, and manufacture of components, systems and sub-systems. It operates through the following segments: Advanced Technology Group and Consumer Products Group. The Advanced Technology Group segment is the design, manufacture and marketing of servo-control components such as torque motors, control valves, actuators, and others. The Consumer Products Group segment specializes the design, manufacture, and marketing of a variety of cutlery products for use by consumers and government agencies. The company was founded by Nicholas D. Trbovich in 1959 and is headquartered in Elma, NY.

Company profile

Ticker

SVT

Exchange

AMEX

CEO

Kenneth D. Trbovich

Incorporated in

Delaware

Location

New York

Fiscal year end

Dec 31

Sector

Producer Manufacturing > Metal Fabrication

Industry (SEC)

Cutlery, Handtools & General Hardware

Stanley Black & Decker • Simpson Manufacturing • CompX International • Lifetime Brands • Acme United • Snap-On ...

SEC CIK

0000089140

Corporate docs

Articles of Incorporation & Bylaws

IRS number

160837866

SVT stock data

S&P 500 1 month 1 year

Company financial data Financial data

Chart SVT financial data

Download latest Excel data (2019 Q2) View latest Excel data (2019 Q2)

Quarter (USD)	Jun 19	Mar 19	Dec 18	Sep 18
Revenue	14.07M	12M	12.58M	12.77M
Net income	714K	98K	1M	1.46M
Diluted EPS	0.3	0.04	0.42	0.61
Net profit margin	5.08%	0.82%	7.97%	11.41%
Net change in cash	-303K	-446K	219K	-820K
Cash on hand	1.85M	2.15M	2.6M	2.38M

Annual (USD)	Dec 18	Dec 17	Dec 16	Dec 15
Revenue	47.86M	41.44M
Net income	3.5M	1.32M	1.75M	4.6M
Diluted EPS	1.49	0.57	0.76	2.03
Net profit margin	7.31%	3.18%
Net change in cash	-2.11M	1.19M	247K	-898K
Cash on hand	2.6M	4.71M	3.52M	3.27M

Financial data from company earnings reports

Financial report summary

Competition

Lifetime Brands

Management Discussion

During the six and three months ended June 30, 2019 and 2018 approximately 9% of the Company’s consolidated revenues were derived from contracts with agencies of the U.S. Government or their prime contractors and their subcontractors.The Company believes that government involvement in military operations overseas will continue to have an impact on the financial results in both the Advanced Technology and Consumer Products markets. While the Company is optimistic in relation to these potential opportunities, it recognizes that sales to the government are affected by defense budgets, the foreign policies of the U.S. and other nations, the level of military operations and other factors, and as such, it is difficult to predict the impact on future financial results.

Content analysis ?

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	8th grade Avg

New words: bank, commitment, currency, deduction, equal, event, fee, full, higher, intangible, intent, Libor, list, piece, professional, promissory, reached, repayable, ROU, unchanged, venture

Removed: accrual, arbitration, Arbitrator, award, decreased, hear, issue, March, matter, obtained, pursuant, resulting, revised, scope, selected, termination, trade

From filing 10-Q 2019 Q2