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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

CF from Operating Activities

1.25M

-6.64M

264k

4.59M

Net Income

0

-3.55M

-2.12M

4.05M

Depreciation & Amortization

990k

1.08M

1.22M

1.37M

Deferred Income Taxes

0

1.07M

-589k

-84k

Stock Based Compensation

288k

120k

191k

106k

Change in Working Capital

0

-2.49M

2.01M

2.95M

Accounts Receivable

2.88M

-3.62M

-2.27M

495k

Inventory

171k

103k

1.57M

3.25M

Accounts Payable

352k

221k

2.45M

-948k

Other Working Capital

0

799k

261k

155k

Other Non-Cash Items

-25k

-2.87M

-446k

-3.81M

CF from Investing Activities

-1.04M

1.47M

-1.28M

3k

Investments in Property, Plant & Equipment

-1.04M

-689k

-1.32M

-267k

Net Acquisitions

0

0

38k

270k

Investment Purchases

0

0

0

0

Sales/Maturities of Investments

0

0

0

0

Other Investing Activites

0

2.16M

-85k

270k

CF from Financing Activities

-17k

1.6M

-4.53M

-983k

Debt Repayment

24k

-501k

-4.53M

-902k

Common Stock Issued

0

0

0

0

Common Stock Repurchased

-41k

0

0

-81k

Dividends Paid

0

0

0

0

Other Financing Activites

0

0

0

0

Free Cash Flow

215k

-7.33M

-1.05M

4.32M

Operating Cash Flow

1.25M

-6.64M

264k

4.59M

Capital Expenditures

-1.04M

-689k

-1.32M

-267k

Cash at Beginning of Period

245k

3.81M

9.55M

5.93M

Cash at End of Period

261k

245k

4M

9.55M

Net Change In Cash

16k

-3.57M

-5.54M

3.61M

All figures are in USD.

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