Sono-Tek reports record FY2024 revenue $19.7M, net income up 127% YoY, guides FY2025 growth 8-10%

SONO TEK CORP

Record net sales $19.7M (+31% YoY); net income $1.4M (+127% YoY); EPS $0.09 (vs $0.04 prior year).
Backlog at fiscal year-end $9.1M, up 7% YoY, a record high.
FY2025 guidance: Q1 revenue growth >30%; full year growth 8-10%.
Delivered two high-ASP production systems in FY2024; four more scheduled for FY2025.
Cash and equivalents $11.8M, no debt on balance sheet.

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