earnings
confidence high
sentiment negative
materiality 0.60
Interlink Electronics Q4 revenue up 120% to $3.5M; net loss of $448k vs prior-year profit of $1.4M
INTERLINK ELECTRONICS INC
- Revenue for Q4 2023 $3.5M (+120% YoY); FY2023 revenue $13.9M (+86% YoY) on acquisitions and organic growth.
- Q4 net loss $448k vs net income $1.4M in Q4 2022; diluted EPS $(0.06) vs $0.13.
- Q4 EBITDA improved to positive $15k from negative $290k prior year; FY EBITDA positive $424k vs negative $421k.
- Gross margin declined to 41% for Q4 (from 49%) and 47% for year (from 52%) due to product/customer mix and higher costs.
- Board declared 50% common stock dividend payable March 22, 2024, increasing shares to ~9.86M.