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Electronic Systems Technology Inc (ELST)

Electronic Systems Technology Inc (ELST)
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Electronic Systems Technology, Inc. specializes in the manufacturing and development of wireless modem products. It uses manufacturing, marketing, and research and development efforts to produce and market the Company's line of ESTeem Wireless Modem products and accessories. Headquartered in Kennewick, Washington, the Company offers products, which provide innovative communication solutions for applications not served or underutilized by conventional communication systems. The Company's products are offered in the process automation markets in commercial, industrial, and government arenas both domestically and internationally, as well as domestic markets for public safety communications infrastructure. The Company's products are marketed through direct sales, sales representatives, and resellers. In addition, Electronic Systems Technology provides professional services, site survey testing, system start-up, and custom engineering services.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Sales 1,540 1,910 1,510 1,230 1,410
Sales Growth -19.37% +26.49% +22.76% -12.77% +0.71%
Net Income -160 150 90 -200 -190
Net Income Growth -206.67% +66.67% +145.00% -5.26% -58.33%
(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Total Assets 1,730 2,050 1,780 1,830 1,900
Total Assets Growth -15.61% +15.17% -2.73% -3.68% -7.32%
Total Liabilities 100 260 140 290 160
Total Liabilities Growth -61.54% +85.71% -51.72% +81.25% +60.00%
(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Operating Cash Flow -100 -40 130 -290 -280
Operating Cash Flow Growth -150.01% -130.77% +144.83% -3.57% -1,500.00%
Net Cash Flow -260 100 350 30 -50
Change in Net Cash Flow -360.00% -71.43% +1,066.67% +160.00% -141.67%
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