newsfilter
← Latest News
GlobeNewswire·

Nortech Systems Reports Fourth Quarter Results

NSYS
  • Nortech Systems reported fourth quarter 2025 net sales of $30.3 million, an increase from $28.6 million in the same period in 2024.
  • The company recorded net income of $897 thousand ($0.32 per basic share) for Q4 2025, compared to a net loss of $1.478 million ($0.54 per share) in Q4 2024.
  • Adjusted EBITDA for Q4 2025 was $1.2 million, marking a turnaround from a $585 thousand loss in Q4 2024.
  • The 90-day backlog as of December 31, 2025, reached $27.3 million, up from $26.5 million at the end of 2024.
  • Nortech closed on $17.2 million in new debt financing during the quarter.
  • Full-year 2025 net sales totaled $118.365 million, a 7.6% decrease from 2024, while full-year adjusted EBITDA rose 19.6% to $2.529 million.
  • CEO Jay D. Miller highlighted improved gross margins, manufacturing efficiency, 90-day backlog growth, and the achievement of AS9100:D certification at the Monterrey facility.
  • The company will host a conference call on March 27, 2026, at 7:30 a.m. central time to discuss the financial results.
  • Cash and cash equivalents increased to $1.655 million as of December 31, 2025, from $916 thousand in 2024.
  • Total assets for the company stood at $71.919 million as of year-end 2025, with shareholders' equity increasing to $34.547 million.