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Electronic Systems Technology Inc   (ELST)
Other Ticker:  
 
    Sector  Technology    Industry IT Infrastructure
   Industry IT Infrastructure
   Sector  Technology
 
Price: $0.2660 $0.00 0.758%
Day's High: $0.266 Week Perf: 0.91 %
Day's Low: $ 0.27 30 Day Perf: 1.45 %
Volume (M): 0 52 Wk High: $ 0.55
Volume (M$): $ 0 52 Wk Avg: $0.30
Open: $0.27 52 Wk Low: $0.26



 Market Capitalization (Millions $) 1
 Shares Outstanding (Millions) 5
 Employees 11
 Revenues (TTM) (Millions $) 2
 Net Income (TTM) (Millions $) 0
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Electronic Systems Technology Inc
For over 30 years, Electronic Systems Technology, Inc. has specialized in the development and manufacturing of digital data (non-voice) radio transceivers for use in industrial wireless networking applications. With reliance on wireless communication in the modern world, the global modernization of industrial control systems now require the benefits gained by use of wireless technology. EST designs and produces these specialized, hardened products to operate and survive in these difficult conditions.

The Company designs, develops, manufactures and markets the ESTeem® line of industrial wireless products and accessories. The Company’s products provide innovative communication solutions for applications not served or underutilized by conventional, commercial grade communication systems. The Company’s products are part of the ESTeem® Industrial Wireless Solutions for commercial, industrial, and government arenas both domestically and internationally. The Company’s products are marketed through direct sales, sales representatives, and resellers.

The Company’s ESTeem® industrial wireless products provide communication links between computer networks, network enabled devices and mobile devices without cables. The widespread use of networked computer systems in business, industry and public service and the adoption of mobile devices in all aspects of modern life has created an environment where the wireless network is no longer a convenience but a necessity. As wireless networking proliferates through the modernization of the industrial sector the need for products such as the ESTeem® industrial wireless (specifically designed for rigors of operation in the industrial environment) will be increased dramatically. These wireless networks will be the backbone connections to the Internet for cloud based services such as the upcoming Internet of Things (“IoT”) and Industrial Internet of Things (“IIoT”).

All of the ESTeem® models come with industry standard Ethernet (Internet) communications ports and legacy serial ports to provide the broadest range of connections for both new and legacy hardware. The combined features such as self-healing repeaters, Mesh networking, long range operation and outdoor weatherproof cases make the ESTeem® products unique in our market space.

The Company was incorporated in the State of Washington in February 1984, and was granted a United States Patent for the “Wireless Computer Modem” in May 1987, and Canadian patent in October 1988. The Company established a "doing business as" or "DBA" structure, based on the Companys registered trade name of ESTeem® Wireless Modems in 2007. The Company continues to provide product improvements and enhancements to incorporate continuing technological developments, in response to customer needs and market opportunities. New opportunities may arise from changes in FCC regulations or technological developments, both of these are reviewed by management to identify both marketability and profitability.

These next generation industrial wireless products will improve our networking capability with higher data rates, improved support features and updates to the latest wireless standards. The ESTeem® Horizon Series will expand our market opportunities.

In an effort to maintain and expand our customer base in the industrial control marketplace, we team with major automation hardware vendors such as Rockwell Automation. 2015 marks the 24th anniversary of our relationship with Rockwell Automation through their Encompass Program. Rockwell Automation has the largest market share in the United States and is a major entity in the world wide automation and controls market place. The benefit of the Encompass program and similar partnering efforts is increased exposure to markets that would not otherwise be cost effective to have a direct marketing channel presence in.

The Company’s products compete in an environment of rapidly changing technology. This environment results in the necessity of the Company to be continually updating and enhancing existing products, as well as developing new products in order to remain competitive.



   Company Address: 415 N. Roosevelt St. Kennewick 99336 WA
   Company Phone Number: 735-9092   Stock Exchange / Ticker: ELST
   


Customers Net Income grew by ELST's Customers Net Profit Margin grew to

26.31 %

8.84 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
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MSI        1.12% 
SIFY   -17.02%    
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Electronic Systems Technology Inc

ELST Sees Surprising Shift in Financial Results from January to March 31, 2024

As a financial journalist for the , I have been closely following the recent financial results of Electronic Systems Technology Inc. The company's performance in the January to March 31, 2024 period has been both surprising and intriguing.
One of the key highlights from the financial results is the increase in loss per share for Electronic Systems Technology Inc, with a loss of $-0.02 per share compared to breakeven in the previous year and the previous reporting season. This is a concerning trend for investors, as a company's ability to generate profits is a critical factor in its long-term success.

Electronic Systems Technology Inc

Electronic Systems Technology Inc. Reports Revenue of $0.311805 Million in Most Recent Fiscal Period


As an avid investor and keen observer of the market, Electronic Systems Technology Inc's most recent fiscal results have piqued my interest. The numbers reveal a significant decline in various key areas, suggesting potential challenges for the company moving forward.
For the latest fiscal period, Electronic Systems Technology Inc's earnings per share showed a drastic drop, falling from $3,271,663.57 to $0.00 per share compared to the previous year. In addition, the company reported a net shortfall of $-0.085 million, painting a troubling picture of their financial health.

Electronic Systems Technology Inc

ELST's Third Quarter 2023 Financial Report Signals Trouble: Revenue Plunge Sends Shockwaves

Electronic Systems Technology Inc, a company that specializes in technology systems, recently released its financial report for the third quarter of 2023. The report showed a decline in revenue and net deficit compared to the same period last year, raising concerns among investors and analysts.
During the third quarter of 2023, the company reported a revenue of $0.34 million, representing a significant decrease of -29.649% compared to $0.49 million generated in the same period a year ago. Furthermore, the revenue dropped by -41.436% when compared to the preceding financial reporting period, where $0.59 million was recorded.

Electronic Systems Technology Inc

Electronic Systems Technology Inc Shatters Expectations with a 40% Surge in Earnings for the Second Quarter of 2023



Electronic Systems Technology Inc (ESTI) has showcased tremendous growth and positive financial indicators in the fiscal period ending June 30, 2023. The company's financial statements reveal significant improvements in revenue, net income, and profit margins. Moreover, ESTI's increased inventories and rising accounts receivable highlight the growing demand for their products and services. These factors bode well for investors and suggest a positive outlook for future financial results.
Revenue Growth:
Compared to the same quarter last year, ESTI experienced a substantial revenue surge of 40.374%. The revenue increased from $0.42 million to an impressive $0.59 million. Sequentially, the revenue grew by a remarkable 91.815% from $0.31 million, indicating excellent momentum within a short period. This upward trend should instill confidence in both existing and potential investors.






 

Electronic Systems Technology Inc's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Electronic Systems Technology Inc does not provide revenue guidance.

Earnings Outlook
Electronic Systems Technology Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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