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ELECTRO SENSORS INC
ELSECIK 0000351789NasdaqNon-AcceleratedSmaller ReportingIndustrial Instruments For Measurement, Display, And ControlMinnesotaFY ends Dec 31
Period
FY 2025
Revenue
—
Net Income
$306.0K
Total Assets
$15.70M
Equity
$14.82M
Shares Out
3.53M
Op. Cash Flow
$662.0K
Business
Electro-Sensors, Inc. manufactures and sells industrial production monitoring and process control systems for a variety of machine applications. Its main products include speed monitoring and production counting systems, drive control (closed-loop PID) controllers, temperature, position, vibration and tilt sensors, and integrated hazard monitoring systems such as Electro-Sentry and HazardPRO. The company organizes offerings by product application lines—speed, temperature, position, vibration, tilt and hazard monitoring—and by integrated system solutions and R&D initiatives. It distributes products domestically and internationally through an internal sales team, manufacturer's representatives, distributors and strategic partnerships.
Summary from filing dated 2025-03-19
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net sales | 10 | 9 | 9 | 9 | 9 | |
| Cost of goods sold | 5 | 5 | 4 | 4 | 4 | |
| Gross profit | 5 | 5 | 4 | 5 | 5 | |
| Selling and marketing | 2 | 1 | 1 | 2 | 1 | |
| General and administrative | 2 | 2 | 2 | 3 | 2 | |
| Research and development | 991,000 | 1 | 973,000 | 836,000 | 876,000 | |
| Total operating expenses | 5 | 5 | 4 | 5 | 4 | |
| Operating income (loss) | 2,000 | −4,000 | −28,000 | −37,000 | 441,000 | |
| Interest expense | −6,000 | 0 | — | — | — | |
| Interest income | 351,000 | 440,000 | 407,000 | 110,000 | 5,000 | |
| Total non-operating income, net | 345,000 | 440,000 | 406,000 | 109,000 | 18,000 | |
| Income before income taxes | 347,000 | 436,000 | 378,000 | 72,000 | 459,000 | |
| Income tax expense (benefit) | 41,000 | −10,000 | 103,000 | −28,000 | 49,000 | |
| Net income | 306,000 | 446,000 | 275,000 | 100,000 | 410,000 | |
| Net income per share | 0.09 | 0.13 | 0.08 | 0.03 | 0.12 | |
| Weighted average shares | 3 | 3 | 3 | 3 | 3 | |
| Net income per share | 0.09 | 0.13 | 0.08 | 0.03 | 0.12 | |
| Weighted average shares | 3 | 3 | 3 | 3 | 3 |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 11 | 10 | 10 | 8 | 7 | |
| Equity securities | 56,000 | 56,000 | 56,000 | 56,000 | 56,000 | |
| Trade receivables, less allowance for credit losses of $11 and $11, respectively | 1 | 1 | 1 | 1 | 1 | |
| Inventories, net | 2 | 2 | 2 | 2 | 2 | |
| Other current assets | 248,000 | 197,000 | 179,000 | 214,000 | 188,000 | |
| Income tax receivable | 72,000 | 0 | 0 | 11,000 | 3,000 | |
| Total current assets | 14 | 13 | 13 | 13 | 13 | |
| Deferred income tax asset | 464,000 | 501,000 | 355,000 | 256,000 | 208,000 | |
| Property and equipment, net | 885,000 | 910,000 | 951,000 | 975,000 | 1 | |
| Total assets | 16 | 15 | 14 | 14 | 14 | |
| Accounts payable | 254,000 | 146,000 | 291,000 | 274,000 | 349,000 | |
| Accrued expenses | 631,000 | 365,000 | 323,000 | 350,000 | 342,000 | |
| Accrued income taxes | 0 | 41,000 | 76,000 | 0 | — | |
| Total current liabilities | 885,000 | 552,000 | 690,000 | 630,000 | 697,000 | |
| Commitments and contingencies | — | — | — | — | — | |
| Common stock par value $0.10 per share; authorized 10,000,000 shares; 3,482,423 and 3,449,021 shares issued and outstanding, respectively | 348,000 | 344,000 | 342,000 | 342,000 | 339,000 | |
| Additional paid-in capital | 3 | 2 | 2 | 2 | 2 | |
| Retained earnings | 12 | 12 | 11 | 11 | 11 | |
| Total stockholders' equity | 15 | 14 | 14 | 13 | 13 | |
| Total liabilities and stockholders' equity | 16 | 15 | 14 | 14 | 14 |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 89,000 | 92,000 | 94,000 | 145,000 | 295,000 | |
| Deferred income taxes | 37,000 | −146,000 | −99,000 | −48,000 | 38,000 | |
| Stock-based compensation expense | 178,000 | 132,000 | 67,000 | 3,000 | 5,000 | |
| Change in reserve for inventory obsolescence | 10,000 | 0 | — | — | — | |
| Loss on disposal of fixed assets | 1,000 | 0 | — | — | — | |
| Trade receivables | −95,000 | −26,000 | −122,000 | −156,000 | −48,000 | |
| Inventories | −74,000 | −213,000 | −6,000 | −82,000 | −91,000 | |
| Other current assets | −51,000 | −18,000 | 35,000 | −26,000 | −18,000 | |
| Accounts payable | 108,000 | −145,000 | 17,000 | −75,000 | 152,000 | |
| Accrued expenses | 266,000 | 42,000 | −27,000 | 8,000 | 12,000 | |
| Income taxes payable/receivable | −113,000 | −35,000 | 87,000 | −8,000 | 23,000 | |
| Net cash from operating activities | 662,000 | 129,000 | 321,000 | −147,000 | 769,000 | |
| Purchase of property and equipment | −65,000 | −51,000 | −70,000 | −65,000 | −141,000 | |
| Net cash used in investing activities | −65,000 | −51,000 | −70,000 | 964,000 | 5 | |
| Net increase in cash and cash equivalents | 597,000 | 78,000 | 245,000 | 933,000 | 6 | |
| Cash paid during the year for income taxes | 114,000 | 171,000 | 115,000 | 28,000 | 15,000 | |
| Cash paid during the year for interest | 6,000 | 0 | 1,000 | 1,000 | 1,000 |
Filings
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