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Sono Tek Corp  (SOTK)
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Sono Tek's

Competitiveness


 

SOTK Sales vs. its Competitors Q2 2021



Comparing the results to its competitors, Sono Tek reported Total Revenue increase in the 2 quarter 2021 by 6.3 % year on year.
The revenue growth was below Sono Tek's competitors average revenue growth of 6.3 %, recorded in the same quarter.

List of SOTK Competitors

With net margin of 34.76 % company reported lower profitability than its competitors.

More on SOTK Margin Comparisons



Revenue Growth Comparisons




Net Income Comparison


Sono Tek Corp Net Income in the 2 quarter 2021 grew year on year by 654.34 %, slower than its competitors income growth of 654.34 %

<<  More on SOTK Income Comparisons


Sono Tek's Comment on Competitors and Industry Peers


We operate in competitive markets in the electronics and stent coating industries. We compete against global and regional manufacturers of nozzles and other products based on price, quality, product features and follow up service. We maintain our competitive position by providing highly effective solutions that meet our customers’ requirements and needs. In other markets, we encounter less competition based on the uniqueness of our ultrasonic technology in these applications.




*Market share calculated with total revenue.


SOTK's vs. Competition, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Sono Tek Corp 15 50 2 53
SUBTOTAL 15 50 2 53


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