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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.

10.31 USD

0.274 (2.66%)

SVT Financial Statements

Year

2024

2023

2022

2021

Total Revenue

44.92M

43.63M

43.82M

40.56M

Cost of Revenue

36.65M

35.82M

37.88M

34.57M

Gross Profit

8.27M

7.8M

5.94M

5.99M

Operating Expenses

9.28M

9.92M

8.43M

3.8M

Research and Development

0

0

0

0

Selling, General & Administrative Expenses

9.28M

9.92M

8.43M

9.42M

Selling & Marketing Expenses

0

0

0

0

General & Administrative Expenses

0

0

0

0

Other Expenses

0

0

0

-5.62M

Operating Income

-1.01M

-2.11M

-2.48M

2.19M

Total Other Income/Expenses Net

-496k

-336k

-167k

1.82M

Income Before Tax

-1.5M

-2.45M

-2.69M

4.01M

Income Tax

7k

1.1M

-570k

-43k

Net Income

-1.62M

-10.79M

-2.12M

4.05M

Basic EPS

-0.65

-4.37

-0.87

1.68

EPS Diluted

-0.64

-4.37

-0.87

1.68

Basic Average Shares

2.51M

2.47M

2.42M

2.41M

Diluted Average Shares

2.55M

2.47M

2.42M

2.42M

EBITDA

-37k

-1.03M

-1.51M

5.57M

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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