Detail akcie NVE Corp online

Business Summary: NVE Corporation develops and sells devices that use spintronics, which is a nanotechnology that relies on electron spin to acquire, store, and transmit information. The Company manufactures spintronic products, including sensors and couplers that are used to acquire and transmit data. The Company has also licensed its spintronic magnetoresistive random access memory technology (MRAM). Its parts are primarily used in industrial, scientific, and medical applications, as well as the Industrial Internet of things. The Company's products include sensors, couplers, DC-to-DC Convertors and MRAM products. Its sensor products detect the strength or gradient of magnetic fields and are often used to determine position or speed. Its spintronic couplers combine a giant magnetoresistance (GMR) sensor element and a microscopic coil. MRAM uses spintronics to store data. Its isolated direct current (DC)-to-DC convertors transfer energy between systems without direct electrical connections.
Financial Summary: BRIEF: For the fiscal year ended 31 March 2024, NVE Corp revenues decreased 22% to $29.8M. Net income decreased 25% to $17.1M. Revenues reflect Product sales decrease of 21% to $29.2M, Contract research and development decrease of 45% to $586K. Net income also reflects Research and development increase of 6% to $2.7M (expense). Dividend per share remained flat at $4.00.