Detail akcie Electro Sensors online

Business Summary: Electro-Sensors, Inc. manufactures and sells industrial production monitoring and process control systems. It manufactures a line of monitoring and control systems for a range of industrial machine applications. The systems measure machine production and operation rates, as well as regulate the speed of related machines in production processes. Its product range includes speed monitoring systems, temperature application products, position application products, vibration monitoring products, tilt switches and hazard monitoring systems. Its speed monitoring systems compare revolutions per minute or speed against acceptable rates as determined by its customers. Its speed monitoring systems also include a line of products that measure production counts or rates, such as number of parts, gallons per minute and others. Its main temperature applications include bearing, gear box, and motor temperature monitoring sensors. Electro-Sentry and HazardPRO are its hazard monitoring systems.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Electro-Sensors Inc revenues decreased 5% to $8.6M. Net income increased from $100K to $275K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income reflects General and administrative decrease of 22% to $2M (expense), Interest income increase from $110K to $407K (income), Selling and marketing decrease of 12% to $1.3M (expense).