Electro-Sensors, Inc. Announces 2025 Year-End Financial Results
-
Record annual revenue of
$10.1 million , up 8.2% over prior year - Gross Margin of 50.8%
-
Cash and investments of
$10.6 million
Table in thousands, except per share data
|
|
|
FY25 |
|
FY24 |
|
Change |
|||
|
|
|
$ |
10,142 |
|
$ |
9,373 |
|
8.2 |
% |
|
Gross Margin |
|
|
50.8 |
% |
|
48.9 |
% |
190 |
bps |
|
Operating Income (Loss) |
|
$ |
2 |
|
$ |
(4) |
|
150.0 |
% |
|
Operating Income (Loss) Margin |
|
|
0.0 |
% |
|
(0.0) |
% |
0 |
bps |
|
Income Before Income Taxes |
|
$ |
347 |
|
$ |
436 |
|
(20.4) |
% |
|
Earnings Per Share (diluted) |
|
$ |
0.09 |
|
$ |
0.13 |
|
(30.8) |
% |
Net sales during 2025 increased to
"We are pleased to report record annual revenue of
A full analysis of results for the year ended
|
Statements of Income
For the Years Ended (in thousands except share and per share amounts)
|
|
|||||||
|
|
Years Ended |
|
||||||
|
|
2025 |
|
2024 |
|
||||
|
Net sales |
$ |
10,142 |
|
$ |
9,373 |
|
||
|
Cost of goods sold |
|
4,985 |
|
|
4,791 |
|
||
|
Gross profit |
|
5,157 |
|
|
4,582 |
|
||
|
|
|
|
|
|
|
|
||
|
Operating expenses |
|
5,155 |
|
|
4,586 |
|
||
|
|
|
|
|
|
|
|
||
|
Operating income (loss) |
|
2 |
|
|
(4) |
|
|
|
|
|
|
|
|
|
|
|
||
|
Non-operating income, net |
|
345 |
|
|
440 |
|
||
|
|
|
|
|
|
|
|
||
|
Income before income taxes |
|
347 |
|
|
436 |
|
||
|
|
|
|
|
|
|
|
||
|
Income tax expense (benefit) |
|
41 |
|
|
(10) |
|
||
|
|
|
|
|
|
|
|
||
|
Net income |
$ |
306 |
|
$ |
446 |
|
||
|
|
|
|
|
|
|
|
||
|
Earnings per share – diluted |
$ |
0.09 |
|
$ |
0.13 |
|
||
|
Average shares outstanding - diluted |
|
3,475,828 |
|
|
3,435,040 |
|
||
|
|
|
|
|
|
|
|
|
|
|
Balance Sheets
(in thousands)
|
||||||
|
|
|
|
||||
|
|
2025 |
|
2024 |
|
||
|
Assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Assets |
|
|
|
|
|
|
|
Cash and investments |
$ |
10,601 |
|
$ |
10,004 |
|
|
Trade receivables, net |
|
1,404 |
|
|
1,309 |
|
|
Inventories |
|
2,028 |
|
|
1,964 |
|
|
Other current assets |
|
320 |
|
|
197 |
|
|
Total current assets |
|
14,353 |
|
|
13,474 |
|
|
|
|
|
|
|
|
|
|
Deferred income tax asset |
|
464 |
|
|
501 |
|
|
Property and equipment, net |
|
885 |
|
|
910 |
|
|
Total assets |
$ |
15,702 |
|
$ |
14,885 |
|
|
|
|
|
|
|
|
|
|
Liabilities and Stockholders' Equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Liabilities |
|
|
|
|
|
|
|
Accounts payable and accrued expenses |
$ |
885 |
|
$ |
552 |
|
|
Total current liabilities |
|
885 |
|
|
552 |
|
|
|
|
|
|
|
|
|
|
Stockholders' equity |
|
|
|
|
|
|
|
Common stock |
|
348 |
|
|
344 |
|
|
Additional paid-in capital |
|
2,534 |
|
|
2,360 |
|
|
Retained earnings |
|
11,935 |
|
|
11,629 |
|
|
Total stockholders' equity |
|
14,817 |
|
|
14,333 |
|
|
|
|
|
|
|
|
|
|
Total liabilities and stockholders' equity |
$ |
15,702 |
|
$ |
14,885 |
|
Annual Meeting
Our Annual Meeting of Shareholders will be held later this year and information about the meeting will be published on our website and in the proxy statement once the meeting date is determined. All shareholders are welcome to attend and take part in the discussion of Company affairs.
About
Cautionary Statement Regarding Forward Looking Statements
This press release may include statements about possible or anticipated future financial performance, business activities, plans, or opportunities. These forward-looking statements may include the words "will," "should," "believes," "expects," "anticipates," "intends" or similar expressions. For these forward-looking statements, the Company claims the protection of the safe harbor for forward-looking statements contained in federal securities laws. Forward-looking statements reflect the company's current views with respect to future events and financial performance and include any statement that does not directly relate to a current or historical fact. These forward-looking statements are subject to a number of factors, risks and uncertainties, including those disclosed in our periodic filings with the
For more information please visit our website at: www.electro-sensors.com. Also look us up on:
LinkedIn: linkedin.com/company/electro-sensors-inc-
X: x.com/ESIsensors
Facebook: facebook.com/ElectroSensors
View original content:https://www.prnewswire.com/news-releases/electro-sensors-inc-announces-2025-year-end-financial-results-302729003.html
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