Nortech | 8-K: FY2025 Q3 Revenue: USD 30.48 M

Revenue: As of FY2025 Q3, the actual value is USD 30.48 M.

EPS: As of FY2025 Q3, the actual value is USD -0.05.

EBIT: As of FY2025 Q3, the actual value is USD 945 K.

Segment Revenue

• Net sales for Q3 2025 were $30.5 million, a decrease from $31.4 million in Q3 2024, representing a 2.9% decline.

Operational Metrics

• Net loss for Q3 2025 was - $146 thousand, or - $0.05 per basic share, compared to a net loss of - $739 thousand, or - $0.27 per basic share in Q3 2024, showing an improvement of 80.2%.
• Gross profit increased by 31.0% to $5,025 thousand in Q3 2025 from $3,835 thousand in Q3 2024.
• Operating expenses decreased by 5.2% to $4,080 thousand in Q3 2025 from $4,302 thousand in Q3 2024.
• EBITDA for Q3 2025 was $1,253 thousand, a significant increase from - $33 thousand in Q3 2024.
• Adjusted EBITDA for Q3 2025 was $1,253 thousand, up from $143 thousand in Q3 2024, marking a 776.2% increase.

Cash Flow

• Net cash used in operating activities for the nine months ended September 30, 2025 was - $2,865 thousand, compared to - $3,043 thousand for the same period in 2024.

Unique Metrics

• The 90-day backlog as of September 30, 2025 was $31.3 million, up from $29.6 million as of September 30, 2024.

Outlook / Guidance

• Nortech Systems Incorporated anticipates leveraging its operational performance in the current nearshoring landscape with its North American and Asian footprint.
• The company has achieved AS9100:D certification at its Monterrey, Mexico facility, enhancing service offerings to aerospace and industrial markets.
• Management is optimistic about continued growth and operational improvements due to restructuring efforts and increased manufacturing efficiencies.