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SVT - Servotronics, Inc.

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Servotronics, Inc.

SVT

AMEX

Servotronics, Inc. designs, manufactures, and markets control components and consumer products in the United States and internationally. It operates in two segments, Advanced Technology Group (ATG) and Consumer Products Group (CPG). The ATG segment provides servo-control components to the commercial aerospace, aircraft, and government related industries; and medical and industrial markets. This segment's principal components include torque motors, electromagnetic actuators, hydraulic and pneumatic valves, and related devices that convert an electrical current into a mechanical force or movement, and other products. It also offers metallic seals of various cross-sectional configurations to close tolerances from standard and special alloy steels. This segment markets and sells its products to the United States Government, government prime contractors, government subcontractors, commercial manufacturers, and end-users. The CPG segment provides cutlery products, including steak, carving, bread, butcher, and paring knives for household use, as well as for use in restaurants, institutions, and the private industry; fixed and folding knives for hunting, fishing, and camping; and machetes, bayonets, axes, strap cutters, and other tools primarily for military and rescue/first-responder use, as well as for commercial markets. It also offers various specialty tools, putty knives, linoleum sheet cutters, field knives, scalpels, and micro-spatulas; and plastic and metal fabrication, as well as engineering, design, and OEM/white-label manufacturing services to customers in the consumer and commercial industries. This segment markets its products through its sales resources and independent manufacturers' representatives to big box, hardware, supermarket, variety, department, discount, gift, drug, outdoor, and sporting stores, as well as through electronic commerce. The company was incorporated in 1959 and is headquartered in Elma, New York.

10.64 USD

0.39 (3.67%)

SVT Financial Statements

Year

2024

2023

2022

2021

Current Assets

27.78M

29.57M

33.25M

38.31M

Cash & Short Term Investments

111k

95k

4M

9.55M

Cash And Cash Equivalents

111k

95k

4M

9.55M

Short Term Investments

0

0

0

0

Net Receivables

9.29M

12.06M

8.45M

7.2M

Inventory

15.83M

14.2M

19.04M

20.13M

Other Current Assets

2.55M

3.21M

6.59M

647k

Non-Current Assets

7.05M

7.02M

12.04M

11.78M

Property, Plant & Equipment

7M

6.98M

10.66M

10.56M

Goodwill And Intangible Assets

0

0

0

0

Goodwill

0

0

0

0

Intangible Assets

0

0

0

0

Long Term Investments

0

0

0

0

Tax Assets

0

0

1.07M

900k

Other Non-Current Assets

48k

42k

314k

321k

Other Assets

0

0

0

0

Total Assets

34.83M

36.59M

45.29M

50.09M

-

-

-

-

Current Liabilities

6.86M

7.93M

6.21M

4.25M

Accounts Payable

2.41M

2.06M

1.84M

663k

Short Term Debt

2.13M

2.1M

501k

276k

Tax Payables

0

0

138

792

Deferred Revenue

0

0

0

0

Other Current Liabilities

812k

2.66M

2.72M

1.41M

Total Current Liabilities

6.86M

7.93M

6.21M

4.25M

Total Non-Current Liabilities

4.47M

4.17M

3.98M

10.48M

Long-Term Debt

0

0

0

4.75M

Deferred Revenue

0

0

0

-1.15M

Deferred Taxes Liabilities

0

0

1.04M

1.15M

Other Non Current liabilities

4.47M

4.17M

3.98M

5.73M

Total Liabilities

11.33M

12.09M

10.18M

14.73M

Other Liabilities

0

0

0

0

Stockholders Equity

23.5M

24.49M

35.11M

35.37M

Common Stock

526k

525k

523k

523k

Retained Earnings

11.33M

12.95M

23.74M

25.86M

Accumulated Other Comprehensive Income/Loss

-2.06M

-2.44M

-2.34M

-3.91M

Other Shareholders Equity

13.71M

0

-157k

-258k

Total Liabilities and Stockholders Equity

34.83M

36.59M

45.29M

50.09M

Retained Earning Schedule

Year

2024

2023

2022

2021

Retained Earnings (Previous Year)

12.95M

23.74M

25.86M

21.8M

Net Income

-1.62M

-10.79M

-2.12M

4.05M

Stock Repurchases

-41k

0

0

-81k

Dividend Paid

0

0

0

0

Retained Earnings

11.33M

12.95M

23.74M

25.86M

Other Distributions

-1.66M

-10.79M

-2.12M

3.97M

PPE Schedule

Year

2024

2023

2022

2021

Gross PPE

7M

6.98M

10.66M

10.56M

Annual Depreciation

990k

1.08M

951k

1.37M

Capital Expenditure

-1.04M

-689k

-1.32M

-267k

Net PPE

7.05M

6.58M

11.02M

9.46M

Intangible and Goodwill Schedule

Year

2024

2023

2022

2021

Acquisitions and Adjustments

0

0

0

0

Goodwill (Previous Year)

0

0

0

0

Goodwill

0

0

0

0

All figures are in USD.

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