NORTECH SYSTEMS INC Annual Operating Income (Loss) in USD from 2010 to 2024

Taxonomy & unit
us-gaap: USD
Description
The net result for the period of deducting operating expenses from operating revenues.
Summary
Nortech Systems Inc quarterly/annual Operating Income (Loss) history and growth rate from 2010 to 2024.
  • Nortech Systems Inc Operating Income (Loss) for the quarter ending December 31, 2024 was -$1.23M, a 146% decline year-over-year.
  • Nortech Systems Inc Operating Income (Loss) for the twelve months ending December 31, 2024 was -$195K, a 103% decline year-over-year.
  • Nortech Systems Inc annual Operating Income (Loss) for 2024 was -$195K, a 103% decline from 2023.
  • Nortech Systems Inc annual Operating Income (Loss) for 2023 was $5.95M, a 53.1% increase from 2022.
  • Nortech Systems Inc annual Operating Income (Loss) for 2022 was $3.89M, a 71.1% increase from 2021.
Operating Income (Loss), Trailing 12 Months (USD)
Operating Income (Loss), Annual (USD)
Operating Income (Loss), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2024 -$195K -$6.15M -103% Jan 1, 2024 Dec 31, 2024 10-K 2025-03-31
2023 $5.95M +$2.07M +53.1% Jan 1, 2023 Dec 31, 2023 10-K 2025-03-31
2022 $3.89M +$1.62M +71.1% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-20
2021 $2.27M +$2.89M Jan 1, 2021 Dec 31, 2021 10-K 2023-03-17
2020 -$616K -$840K -375% Jan 1, 2020 Dec 31, 2020 10-K 2022-03-17
2019 $224K -$1.03M -82.1% Jan 1, 2019 Dec 31, 2019 10-K 2021-03-23
2018 $1.25M +$2.52M Jan 1, 2018 Dec 31, 2018 10-K 2020-03-19
2017 -$1.27M -$1.9M -302% Jan 1, 2017 Dec 31, 2017 10-K 2019-04-01
2016 $629K +$1.05M Jan 1, 2016 Dec 31, 2016 10-K 2018-03-27
2015 -$422K -$1.75M -132% Jan 1, 2015 Dec 31, 2015 10-K 2017-03-08
2014 $1.33M -$126K -8.69% Jan 1, 2014 Dec 31, 2014 10-K 2016-03-22
2013 $1.46M -$5.56K -0.38% Jan 1, 2013 Dec 31, 2013 10-K 2015-03-11
2012 $1.46M -$51.8K -3.42% Jan 1, 2012 Dec 31, 2012 10-K 2014-03-07
2011 $1.51M +$282K +22.9% Jan 1, 2011 Dec 31, 2011 10-K 2013-03-08
2010 $1.23M Jan 1, 2010 Dec 31, 2010 10-K 2012-03-09
* An asterisk sign (*) next to the value indicates that the value is likely invalid.