Nortech Systems Inc

nortechsys.com

What Do They Do?

Builds medical devices and complex electronic assemblies, and provides engineering and manufacturing services to medical, aerospace and defense, and industrial equipment makers.

Who Are Their Customers?

Customers are original equipment manufacturers in medical device, medical imaging, aerospace and defense, and industrial markets. Nortech markets to them through a specialized business development team and, in limited cases, independent manufacturers’ representatives.

Customers above 10% of revenue, FY2025

of revenue from one customer

FY2024: 28% from one customer

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Revenue: ▲ +9%; vs $30.7M in Q2 FY2025
Net income: ▲ +1%; vs $313K in Q2 FY2025

Medical Imaging share of revenue vs 31.5% in Q2 FY2025

Revenue over time

Medical Device Medical Imaging Industrial Aerospace and Defense Medical

$200M$100M$0

FY2021 FY2022 FY2023 FY2024 FY2025

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