SOTK · Sono Tek Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $20.50M | $19.70M | $15.06M | $17.13M | $14.83M | $15.35M |
| Cost of Revenue | $10.77M | $9.86M | $7.41M | $8.52M | $7.84M | $8.04M |
| Gross Profit | $9.74M | $9.84M | $7.65M | $8.61M | $7.00M | $7.31M |
| R&D | $2.72M | $2.89M | $2.15M | $1.73M | $1.64M | $1.43M |
| SG&A | $2.33M | $2.08M | $1.65M | $1.63M | $1.22M | $1.37M |
| Total Operating Expenses | $8.73M | $8.66M | $6.97M | $6.72M | $5.66M | $6.20M |
| D&A | $700.5K | $597.2K | $510.9K | $435.5K | $463.1K | $406.7K |
| Operating Income | $1.01M | $1.18M | $683.0K | $1.89M | $1.34M | $1.12M |
| Interest Expense | - | - | - | - | $39.8K | $33.0K |
| Income Tax | $260.7K | $303.1K | $154.0K | $361.6K | $227.2K | $106.0K |
| Net Income | $1.27M | $1.44M | $635.9K | $2.54M | $1.12M | $1.11M |
| EPS - Basic | $0.08 | $0.09 | $0.04 | $0.16 | $0.07 | $0.07 |
| EPS - Diluted | $0.08 | $0.09 | $0.04 | $0.16 | $0.07 | $0.07 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $5.20M | $2.13M | $3.35M | $4.84M | $4.08M | $3.66M |
| Accounts Receivable | $2.35M | $1.47M | $1.63M | $1.09M | $1.76M | $929.7K |
| Inventory | $4.47M | $5.22M | $3.24M | $2.37M | $2.61M | $2.38M |
| Accounts Payable | $859.5K | $1.05M | $810.9K | $684.5K | $1.29M | $668.7K |
| Current Assets | $18.99M | $18.75M | $16.58M | $14.50M | $13.17M | $11.34M |
| Total Assets | $23.41M | $23.13M | $20.17M | $17.63M | $16.42M | $14.74M |
| Current Liabilities | $5.49M | $6.62M | $5.46M | $3.72M | $4.27M | $4.17M |
| Long-term Debt | - | - | - | - | $1.00M | $538.0K |
| Total Liabilities | $5.62M | $6.85M | $5.54M | $3.88M | $5.47M | $4.96M |
| Stockholders' Equity | $17.79M | $16.28M | $14.63M | $13.74M | $10.95M | $9.78M |
| Retained Earnings | $7.62M | $6.35M | $4.91M | $4.27M | $1.73M | $610.5K |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $525.0K | $1.16M | $1.33M | $2.32M | $725.2K | $3.25M |
| Investing Cash Flow | $2.55M | ($2.38M) | ($2.81M) | ($1.63M) | ($594.6K) | ($2.58M) |
| Financing Cash Flow | ($7.9K) | - | - | $68.8K | $293.9K | ($162.8K) |
| CapEx | $468.8K | $794.7K | $555.9K | $326.9K | $344.4K | $722.2K |
| Free Cash Flow | $56.2K | $369.2K | $769.2K | $1.99M | $380.8K | $2.53M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 47.5% | 50.0% | 50.8% | 50.3% | 47.2% | 47.6% |
| Operating margin | 4.9% | 6.0% | 4.5% | 11.0% | 9.0% | 7.3% |
| EBITDA margin | 8.3% | 9.0% | 7.9% | 13.6% | 12.2% | 9.9% |
| Net margin | 6.2% | 7.3% | 4.2% | 14.8% | 7.6% | 7.2% |
| Free cash flow margin | 0.3% | 1.9% | 5.1% | 11.6% | 2.6% | 16.5% |
| FCF / Net income | 0.04 | 0.26 | 1.21 | 0.78 | 0.34 | 2.29 |
| R&D / Revenue | 13.3% | 14.6% | 14.3% | 10.1% | 11.1% | 9.3% |
| SG&A / Revenue | 11.3% | 10.6% | 11.0% | 9.5% | 8.2% | 8.9% |
| Effective tax rate | 17.0% | 17.4% | 19.5% | 12.5% | 16.9% | 8.7% |
| Return on assets | 5.4% | 6.2% | 3.2% | 14.4% | 6.8% | 7.5% |
| Return on equity | 7.2% | 8.9% | 4.3% | 18.5% | 10.2% | 11.3% |
| Return on invested capital | - | - | - | - | 9.3% | 9.9% |
| Liquidity | ||||||
| Current ratio | 3.46 | 2.83 | 3.04 | 3.90 | 3.09 | 2.72 |
| Quick ratio | 2.65 | 2.04 | 2.44 | 3.26 | 2.47 | 2.15 |
| Cash ratio | 0.95 | 0.32 | 0.61 | 1.30 | 0.96 | 0.88 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | 0.09 | 0.05 |
| Debt / Assets | - | - | - | - | 0.06 | 0.04 |
| Debt / EBITDA | - | - | - | - | 0.56 | 0.35 |
| Interest coverage | - | - | - | - | 33.6x | 33.8x |
| Equity multiplier | 1.32 | 1.42 | 1.38 | 1.28 | 1.50 | 1.51 |
| Liabilities / Assets | 0.24 | 0.30 | 0.27 | 0.22 | 0.33 | 0.34 |
| Efficiency | ||||||
| Asset turnover | 0.88 | 0.85 | 0.75 | 0.97 | 0.90 | 1.04 |
| Inventory turnover | 2.41 | 1.89 | 2.28 | 3.59 | 3.00 | 3.38 |
| Days sales outstanding | 42d | 27d | 40d | 23d | 43d | 22d |
| Days inventory outstanding | 152d | 193d | 160d | 102d | 122d | 108d |
| Days payable outstanding | 29d | 39d | 40d | 29d | 60d | 30d |
| Cash conversion cycle | 164d | 182d | 159d | 96d | 105d | 100d |
| Valuation | ||||||
| P / E | 46.3x | 60.0x | 135.0x | 32.2x | 60.7x | 32.4x |
| P / B | 3.3x | 5.2x | 5.8x | 5.9x | 6.1x | 3.6x |
| P / S | 2.8x | 4.3x | 5.7x | 4.7x | 4.5x | 2.3x |
| EV / EBITDA | 31.1x | 46.7x | 68.5x | 32.5x | 35.2x | 20.9x |
| Growth | ||||||
| Revenue growth (YoY) | 4.1% | 30.8% | -12.1% | 15.5% | -3.4% | 32.3% |
| Revenue CAGR (3y) | 6.2% | 9.9% | -0.6% | 13.9% | 10.5% | 16.4% |
| Revenue CAGR (5y) | 6.0% | 11.2% | 6.5% | 12.0% | 4.6% | 7.2% |
| Gross profit growth (YoY) | -1.1% | 28.7% | -11.2% | 23.1% | -4.3% | 39.3% |
| Operating income growth (YoY) | -14.6% | 73.1% | -63.9% | 40.9% | 20.2% | 1252.3% |
| Net income growth (YoY) | -11.7% | 126.7% | -75.0% | 126.9% | 1.2% | 585.4% |
| EPS growth (YoY) | -11.1% | 125.0% | -75.0% | 128.6% | 0.0% | 600.0% |
| EPS CAGR (3y) | -20.6% | 8.7% | -17.0% | 152.0% | 51.8% | 91.3% |
| EPS CAGR (5y) | 2.7% | 55.2% | 14.9% | 74.1% | 11.8% | 11.8% |
| FCF growth (YoY) | -84.8% | -52.0% | -61.4% | 423.1% | -85.0% | - |
| FCF CAGR (5y) | -53.3% | - | -13.8% | 18.7% | 18.4% | 34.9% |
| Book value growth (YoY) | 9.3% | 11.2% | 6.5% | 25.5% | 11.9% | 14.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2026-02-28.
Business segments
$20.91M totalOperating Segment$20.91M · 100.0%
Product / service
$41.82M totalProduct Line$20.91M · 50.0%
Multi Axis Coating Systems$8.05M · 19.3%
In Line Coating Systems$7.07M · 16.9%
Other Product Line$3.86M · 9.2%
Oem Systems$1.21M · 2.9%
Fluxing Systems$713.0K · 1.7%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
3.03
Safe
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✗Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Special Industry Machinery, NEC
Comparing SONO TEK CORP against the 5 most active filers in the same SIC group.