Interlink Electronics Q4 net income $1.4M on $2.4M investment gain; revenue flat

INTERLINK ELECTRONICS INC

Q4 revenue $1.61M (-0.7% YoY); FY revenue $7.49M (+0.2% YoY).
Net income Q4 $1.41M, FY $1.67M includes $2.4M gain on passive investment (40% return).
Loss from operations Q4 $345K, FY $668K; gross margin Q4 49.4%, FY 51.5%.
Cash $10.1M at year-end; completed SPEC/KWJ acquisition for ~$2.3M in Dec 2022, and Calman Technology for $4.4M post-year-end.
Diluted EPS Q4 $0.20, FY $0.19 vs losses in prior year.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

INTERLINK ELECTRONICS INC reported financial results for the three months and year ended December 31, 2022.

Period: the three months and year ended December 31, 2022
Result: reported results

Exact text from the filing

On March 29, 2023, Interlink Electronics, Inc. announced its financial results for the quarter and year ended December 31, 2022. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.

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INTERLINK ELECTRONICS INC filing history →

Source: SEC EDGAR

accession 0001104659-23-039121

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