Solitron Devices - Stock

Solitron Devices Net Income 2024

Solitron Devices Net Income

826,000 USD

Ticker

SODI

ISIN

US8342562084

WKN

A0D83Q

In 2024, Solitron Devices's profit amounted to 826,000 USD, a -76.45% increase from the 3.51 M USD profit recorded in the previous year.

The Solitron Devices Net Income history

YEARNET INCOME (undefined USD)
20230.83
20223.51
20211.38
2020-0.61
2019-1.55
2018-0.01
2017-2.03
2016-0.17
20150.93
20140.9
20130.82
20120.75
20111.26
20100.77
20090.97
20080.93
20070.43
20061.94
20050.45
20040.16

Solitron Devices Revenue, EBIT, Net Income

  • 3 years

  • 5 years

  • 10 years

  • Max

Revenue
EBIT
Net Income
Details

Revenue, EBIT and Profit

Understanding Revenue, EBIT, and Income

Gain insights into Solitron Devices, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Solitron Devices from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Solitron Devices’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of Solitron Devices. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into Solitron Devices’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing Solitron Devices’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Solitron Devices’s growth potential.

Solitron Devices Revenue, Profit, and EBIT History

DateSolitron Devices RevenueSolitron Devices EBITSolitron Devices Net Income
20236.41 M undefined-651,000 undefined826,000 undefined
202212.28 M undefined2.29 M undefined3.51 M undefined
202110.53 M undefined1.17 M undefined1.38 M undefined
20209.24 M undefined-629,000 undefined-606,000 undefined
20199.38 M undefined-1.45 M undefined-1.55 M undefined
20189.27 M undefined-47,000 undefined-11,000 undefined
20177.43 M undefined-2.09 M undefined-2.03 M undefined
20168.4 M undefined-195,000 undefined-165,000 undefined
20159.76 M undefined922,000 undefined927,000 undefined
20148.65 M undefined720,000 undefined900,000 undefined
20138.42 M undefined560,000 undefined820,000 undefined
20128.3 M undefined740,000 undefined750,000 undefined
20118.93 M undefined1.28 M undefined1.26 M undefined
20107.72 M undefined760,000 undefined770,000 undefined
20098.46 M undefined930,000 undefined970,000 undefined
20087.79 M undefined750,000 undefined930,000 undefined
20077.76 M undefined420,000 undefined430,000 undefined
20068.34 M undefined770,000 undefined1.94 M undefined
20058.06 M undefined440,000 undefined450,000 undefined
20047.69 M undefined0 undefined160,000 undefined

Solitron Devices stock margins

The Solitron Devices margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Solitron Devices. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Solitron Devices.
  • 3 years

  • 5 years

  • 10 years

  • Max

Gross margin
EBIT margin
Profit margin
Details

Margin

Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the Solitron Devices's sales revenue. A higher gross margin percentage indicates that the Solitron Devices retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the Solitron Devices's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the Solitron Devices's total revenue generated. When comparing the revenue margin year over year, investors can gauge the Solitron Devices's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Solitron Devices. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Solitron Devices's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

Solitron Devices Margin History

Solitron Devices Gross marginSolitron Devices Profit marginSolitron Devices EBIT marginSolitron Devices Profit margin
202321.87 %-10.16 %12.89 %
202239.07 %18.66 %28.56 %
202131.11 %11.1 %13.11 %
202015.97 %-6.81 %-6.56 %
201914.83 %-15.47 %-16.49 %
201825.24 %-0.51 %-0.12 %
201715.58 %-28.1 %-27.3 %
201621.13 %-2.32 %-1.97 %
201525.95 %9.45 %9.5 %
201426.13 %8.32 %10.4 %
201321.85 %6.65 %9.74 %
201222.17 %8.92 %9.04 %
201128.67 %14.33 %14.11 %
201023.96 %9.84 %9.97 %
200925.06 %10.99 %11.47 %
200824.39 %9.63 %11.94 %
200718.94 %5.41 %5.54 %
200623.98 %9.23 %23.26 %
200521.22 %5.46 %5.58 %
200414.43 %0 %2.08 %

Solitron Devices Aktienanalyse

What does Solitron Devices do?

Solitron Devices Inc is a US-based company that has been developing and producing innovative technologies since its founding in 1959. The company is headquartered in Florida and offers a wide portfolio of semiconductor components, power supply systems, and subsystems. The history of Solitron Devices Inc began with its founding by Louis Rosenbaum and his daughter Judith Rosenbaum. They wanted to contribute to the progress in the electronics industry and brought their innovative ideas to fruition. In the 1960s, Solitron Devices Inc was a pioneer in the production of solid-state relays, which are now used in various applications from the electronics industry to telecommunications. Over the years, Solitron Devices Inc has expanded its business activities into other areas. The company now operates in three main divisions: semiconductor components, power supply, and subsystems. The "semiconductor components" division is the core of the company. Here, Solitron Devices Inc develops and produces a variety of power semiconductors, integrated circuits, and other electronic components. These components are used in many different industries. For example, they are used in the aerospace and defense industry to improve and make equipment for aircraft and rockets more reliable. But they are also used in the automotive industry for controlling engines, navigation systems, and other important functions. The "power supply" division offers a wide range of power supply products for various applications. Solitron Devices Inc has established itself as a reliable partner for power supply system developers in this field. The company produces AC/DC and DC/DC converters, battery chargers, switching power supplies, and much more. These products are used in the telecommunications industry, industrial control applications, power supplies for railway systems, and many other areas. The "subsystems" division offers complete electronic systems for specialized applications. Solutions for measuring UV radiation are developed here, which are used in research, healthcare, and medicine. These subsystems are also used for industrial applications, such as the automated control of production processes or monitoring environmental conditions in critical facilities. Solitron Devices Inc also maintains a research and development department that focuses on developing new technologies and improving existing products. The company is also committed to making its products environmentally friendly and implementing sustainable practices in its operational processes. Overall, Solitron Devices Inc has proven over the years to be a solid presence in the electronics industry. The company has established itself as a reliable partner for its customers and offers innovative and effective solutions for a wide range of applications. The future of Solitron Devices Inc looks promising: the company continues to invest in research and development to further improve its products and explore new business fields. Solitron Devices ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Solitron Devices's Profit Margins

The profit margins of Solitron Devices represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Solitron Devices's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Solitron Devices's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Solitron Devices's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Solitron Devices’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Solitron Devices Stock

How much profit has Solitron Devices made this year?

Solitron Devices has made 826,000 USD this year.

How has the profit developed compared to last year?

The profit has increased by -76.45% compared to last year fallen

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Solitron Devices publish its earnings?

Solitron Devices publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Solitron Devices?

The profits of Solitron Devices are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Solitron Devices?

You can learn more about the earnings of Solitron Devices by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Solitron Devices pay?

Over the past 12 months, Solitron Devices paid a dividend of 0.25 USD . This corresponds to a dividend yield of about 1.32 %. For the coming 12 months, Solitron Devices is expected to pay a dividend of 0 USD.

What is the dividend yield of Solitron Devices?

The current dividend yield of Solitron Devices is 1.32 %.

When does Solitron Devices pay dividends?

Solitron Devices pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Solitron Devices?

Solitron Devices paid dividends every year for the past 0 years.

What is the dividend of Solitron Devices?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Solitron Devices located?

Solitron Devices is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Solitron Devices kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Solitron Devices from 7/22/2015 amounting to 0.25 USD, you needed to have the stock in your portfolio before the ex-date on 6/25/2015.

When did Solitron Devices pay the last dividend?

The last dividend was paid out on 7/22/2015.

What was the dividend of Solitron Devices in the year 2023?

In the year 2023, Solitron Devices distributed 0 USD as dividends.

In which currency does Solitron Devices pay out the dividend?

The dividends of Solitron Devices are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Solitron Devices

Our stock analysis for Solitron Devices Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Solitron Devices Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.