Nortech Systems Overview
- Year Founded
-
1990
- Status
-
Public
- Employees
-
775
- Stock Symbol
-
NSYS
- Investments
-
8
- Share Price
-
$11.50
- (As of Thursday Closing)
Nortech Systems General Information
Description
Nortech Systems Inc is a United States-based electronic manufacturing services company. It offers value-added engineering, technical and manufacturing services and support including project management, design, testing, prototyping, manufacturing, supply chain management, and post-market services. The company's manufacturing and engineering services include complete medical devices, printed circuit board assemblies, wire and cable assemblies, and complex higher-level electro-mechanical assemblies. It operates in the Medical, Aerospace, Defense and Industrial markets with key revenue coming from Medical device and product manufacturing and related engineering services.
Contact Information
Website
www.nortechsys.comCorporate Office
- 7550 Meridian Circle North
- Suite 150
- Maple Grove, MN 55369
- United States
Corporate Office
- 7550 Meridian Circle North
- Suite 150
- Maple Grove, MN 55369
- United States
Nortech Systems Stock Performance
(As of Thursday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $11.50 | $11.60 | $7.45 - $19.15 | $31.8M | 2.76M | 10K | $2.38 |
Nortech Systems Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 48,697 | 38,460 | 51,675 | 50,795 |
| Revenue | 137,529 | 139,332 | 134,123 | 115,168 |
| EBITDA | 7,289 | 8,003 | 5,806 | 10,393 |
| Net Income | 6,481 | 6,874 | 2,010 | 7,154 |
| Total Assets | 76,259 | 75,127 | 69,540 | 67,091 |
| Total Debt | 17,792 | 14,176 | 16,512 | 20,214 |
Nortech Systems Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Nortech Systems Comparisons
Industry
Financing
Details
000000
000 00
Nortech Systems Competitors (2)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Kimball Electronics | Corporation | Jasper, IN | 0000 | 00000000 | ||
| OSI Electronics | Corporation | Hawthrone, CA | 0000 |
Nortech Systems Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Nortech Systems Patents
Nortech Systems Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| CA-3205767-A1 | Active optical cables | Pending | 26-Jan-2021 | 0000000000 | |
| EP-4285171-A1 | Active optical cables | Pending | 26-Jan-2021 | 0000000000 | |
| US-20240126029-A1 | Active optical cables | Pending | 26-Jan-2021 | 0000000000 | |
| US-20220299714-A1 | Apparatus and system for optical connector | Pending | 05-Sep-2019 | 0000000000 | 0 |
| EP-4025943-A1 | Apparatus and system for optical connector | Pending | 05-Sep-2019 | G02B6/3825 |
Nortech Systems Executive Team (14)
| Name | Title | Board Seat |
|---|---|---|
| Jay Miller | Chief Executive Officer & Board Member | |
| Alan Nordstrom | Controller, Finance | |
| Curtis Steichen | Senior Vice President | |
| John Lindeen | Senior Vice President | |
| Cathy Vold | Vice President Marketing and Engineering Services |
Nortech Systems Board Members (8)
| Name | Representing | Role | Since |
|---|---|---|---|
| 000 0000000000 | Self | Board Member | 000 0000 |
| 00000 00000 | Self | Chairman & Board Member | 000 0000 |
| 000 000000 | Nortech Systems | Chief Executive Officer & Board Member | 000 0000 |
| 0000 0000000 | Self | Board Member | 000 0000 |
| 00000 00000 | Self | Board Member | 000 0000 |
Nortech Systems Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Nortech Systems Investments & Acquisitions (8)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Devicix | 01-Jul-2015 | 0000000000 | 00.00 | Other Devices and Supplies | |
| Winland Electronics (Circuit Board Manufacturing Facility) | 31-Dec-2012 | 000000000 | Buildings and Property | 0000000 0 | |
| Winland Electronics (EMC Business) | 01-Jan-2011 | 0000000000 | 00.000 | Other Hardware | 0000 0000 |
| TriVirix International | 04-May-2010 | 0000000000 | 00000 | Other Devices and Supplies | |
| Suntron-Iowa | 04-Feb-2007 | Merger/Acquisition | 00.000 | Other Commercial Services | 0000 0000 |
Nortech Systems FAQs
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When was Nortech Systems founded?
Nortech Systems was founded in 1990.
-
Who is the CEO of Nortech Systems?
Jay Miller is the CEO of Nortech Systems.
-
Where is Nortech Systems headquartered?
Nortech Systems is headquartered in Maple Grove, MN.
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What is the size of Nortech Systems?
Nortech Systems has 775 total employees.
-
What industry is Nortech Systems in?
Nortech Systems’s primary industry is IT Consulting and Outsourcing.
-
Is Nortech Systems a private or public company?
Nortech Systems is a Public company.
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What is Nortech Systems’s stock symbol?
The ticker symbol for Nortech Systems is NSYS.
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What is the current stock price of Nortech Systems?
As of 12-Sep-2024 the stock price of Nortech Systems is $11.50.
-
What is the current market cap of Nortech Systems?
The current market capitalization of Nortech Systems is $31.8M.
-
What is Nortech Systems’s current revenue?
The trailing twelve month revenue for Nortech Systems is $138M.
-
Who are Nortech Systems’s competitors?
Kimball Electronics and OSI Electronics are competitors of Nortech Systems.
-
What is Nortech Systems’s annual earnings per share (EPS)?
Nortech Systems’s EPS for 12 months was $2.38.
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