Tel-Instrument Electronics Corp. engages in the designs, manufactures, and sells avionics test and measurement instruments for the commercial air transport, general aviation, and government/military aerospace and defense markets in the United States and internationally. The firm operates in two segments, Avionics Government and Avionics Commercial. It provides instruments to test, measure, calibrate, and repair a range of airborne navigation and communication equipment. The firms products also include TS-4530A, an identification friend or foe test set; T-47/M5, a dual crypto test set; and AN/ARM-206, an intermediate level TACAN test set. It also offers AN/USM-708 and AN/USM-719 communications/navigation radio frequency avionics flight line testers; TR-220, a test set that provides test capability for traffic and collision avoidance systems (TCAS), distance measuring equipment, and transponders; TR-36, a commercial navigation and communication test set that provide ramp testing; and TR-420, a ramp test set to test the operation of transponders and interrogators. In addition, the company provides multifunction ramp test sets under the T-47NC, T-47NH, and T-47G names; TR-100AF, a rugged ramp test used to verify airborne TACAN equipment; AN/APM-480A, a transponder, interrogator, and TCAS test set; and TS-4530i, a test set. It serves customers directly or through distributors. The company was founded in 1947 and is headquartered in East Rutherford, NJ.

Company profile
Ticker
TIKK
Exchange
Website
CEO
Jeffrey C. O'Hara
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Vishay Intertechnology • Hubbell • Snap One • Kemet • AVX • Universal Display • Mercury Systems • Vishay Precision • Video Display • Intricon ...
SEC CIK
Corporate docs
Subsidiaries
Innerspace Technology, Inc. ...
IRS number
221441806
TIKK stock data
Investment data
Securities sold
Number of investors
Calendar
15 Aug 22
19 Aug 22
31 Mar 23
Financial summary
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) | Mar 22 | Mar 21 | Mar 20 | Mar 19 | |
---|---|---|---|---|---|
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) | 6.26M | 6.26M | 6.26M | 6.26M | 6.26M | 6.26M |
Cash burn (monthly) | 233.3K | 42.42K | 98.26K | (no burn) | 202.72K | 13.44K |
Cash used (since last report) | 392.09K | 71.29K | 165.14K | n/a | 340.7K | 22.58K |
Cash remaining | 5.87M | 6.19M | 6.1M | n/a | 5.92M | 6.24M |
Runway (months of cash) | 25.2 | 145.9 | 62.0 | n/a | 29.2 | 464.3 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 Sep 21 | Dowling Vincent J. Jr | Common Stock, par value $0.10 per share | Buy | Acquire P | Yes | No | 2.76 | 8,918 | 24.61K | 8,918 |
13 Nov 17 | Dowling Vincent J. Jr | Series A Convertible Preferred Stock Common Stock | Buy | Acquire P | Yes | No | 0 | 333,333 | 0 | 333,333 |
Institutional ownership, Q1 2021
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0 |
Total shares | 0 |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|
Financial report summary
?Competition
Viavi SolutionsContent analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
|
New words:
agent, begun, calculation, chip, daily, difficult, entry, fixed, float, German, hard, hereinafter, inflationary, Interbank, journal, LIBOR, London, long, NOL, nominal, notice, obsolescence, obsolete, outlying, participation, PCB, preventing, prohibiting, published, sharply, show, tied, timeframe, TRR, unprecedented, workplace, written
Removed:
accessibility, Aid, amending, annually, begin, beginning, called, Care, clarifying, consistent, criteria, deposited, distributor, drop, economic, enhance, Enhancement, Flexibility, foregoing, FY, generation, greater, impacted, inflation, initial, largely, life, light, loan, met, modified, ongoing, outlining, Paycheck, positively, potentially, PPP, promissory, Protection, qualified, rebound, receipt, receiving, reduction, removing, renewal, retain, round, security, sharp, simplify, simplifying, small, taxable, tranche, Trump
Financial reports
Current reports
8-K
Tel-Instrument Electronics Corp. Reports Financial Results for First Quarter
16 Aug 22
8-K
Tel-Instrument Electronics Corp. Reports Net Income of $1.3 Million for FY 2022
22 Jun 22
8-K
Tel-Instrument Electronics Corp. Reports Net Sales
15 Feb 22
8-K
Tel-Instrument Electronics Corp. Reports Net Income
16 Nov 21
8-K
Tel-Instrument Electronics Corp. Reports Net Income
13 Aug 21
8-K
Tel-Instrument Electronics Reports Net Income of $600K for FY 2021
1 Jul 21
8-K
Entry into a Material Definitive Agreement
14 Apr 21
8-K
Entry into a Material Definitive Agreement
19 Mar 21
8-K
Tel-Instrument Electronics Reports Third Quarter 2021 Results
17 Feb 21
8-K
Entry into a Material Definitive Agreement
12 Feb 21
Registration and prospectus
Other
UPLOAD
Letter from SEC
10 Apr 19
CORRESP
Correspondence with SEC
7 Apr 19
UPLOAD
Letter from SEC
28 Mar 19
UPLOAD
Letter from SEC
7 Sep 11
CORRESP
Correspondence with SEC
25 Aug 11
UPLOAD
Letter from SEC
9 Aug 11
CORRESP
Correspondence with SEC
28 Jul 11
UPLOAD
Letter from SEC
18 Jul 11
CORRESP
Correspondence with SEC
27 Jun 11
UPLOAD
Letter from SEC
30 May 11
Ownership
SC 13G/A
TEL INSTRUMENT ELECTRONICS / Dowling Vincent J. Jr ownership change
27 Jan 22
4
TEL INSTRUMENT ELECTRONICS / Vincent J. Dowling Jr ownership change
16 Sep 21
SC 13G/A
TEL INSTRUMENT ELECTRONICS / Dowling Vincent J. Jr ownership change
5 Feb 21
SC 13G/A
Tel Instrument Electronics Corp
7 Feb 20
4
TEL INSTRUMENT ELECTRONICS / Robert A Rice ownership change
16 Jul 19
4
TEL INSTRUMENT ELECTRONICS / Robert A Rice ownership change
29 Mar 19
4
TEL INSTRUMENT ELECTRONICS / Vincent J. Dowling Jr ownership change
29 Mar 19
4
TEL INSTRUMENT ELECTRONICS / Robert A Rice ownership change
21 Mar 19
SC 13G/A
Tel Instrument Electronics Corp
11 Feb 19
4
TEL INSTRUMENT ELECTRONICS / Robert A Rice ownership change
9 Jan 19