inTest Corp (A:INTT)

Business Focus: Electrical Measuring & Testing Instruments

Sector:  Industrials Industry:  Electrical Components & Equipment
 
See Regulatory Filings on SEC
Company Contact
Address: 804 E Gate Dr Ste 200
MOUNT LAUREL NJ 08054-1209
Tel: 1-716-8433908
Website: https://www.intest.com
IR: See website
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Key People
Richard N. Grant
President, Chief Executive Officer, Director
Duncan Gilmour
Chief Financial Officer, Treasurer, Secretary
Michael F. Goodrich
Division President - Process Technologies
Joseph Mcmanus
Division President - Electronic Test
Michael Tanniru
President - Environmental Technologies Division
 
Business Overview
inTEST Corporation is a supplier of test and process technology solutions for use in manufacturing and testing. The Company's segments include Electronic Test, Environmental Technologies and Process Technologies. Electronic Test consists of inTEST EMS, which has operations in New Jersey and California, and Acculogic, which has operations in Canada, California and Germany. Environmental Technologies consists of inTEST Thermal Solutions (iTS), which manufactures and sells products under the Temptronic, Sigma, Thermonics and North Sciences brand names and has operations in Massachusetts, Germany and Singapore. Process Technologies consists of Ambrell, which has operations in New York, the Netherlands and the United Kingdom, and Videology, which has operations in Massachusetts and the Netherlands. Its key markets include automotive, defense/aerospace, industrial, life sciences, and security, as well as both the front-end and back-end of the semiconductor manufacturing industry.
Financial Overview
For the fiscal year ended 31 December 2023, inTest Corp revenues increased 6% to $123.3M. Net income increased 10% to $9.3M. Revenues reflect Process Technologies segment increase of 11% to $51.5M, Electronic Test segment increase of 2% to $41M, Foreign segment increase of 15% to $78.1M. Net income benefited from Other income increase from $59K to $1.3M (income), Stock-based Compensation in R&D decrease of 63% to $19K (expense).
Employees: 323 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $105.09M as of Dec 31, 2023
Annual revenue (TTM): $123.30M as of Dec 31, 2023
EBITDA (TTM): $15.67M as of Dec 31, 2023
Net annual income (TTM): $9.34M as of Dec 31, 2023
Free cash flow (TTM): $14.91M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 12,348,744 as of Mar 12, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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