RF Test Equipment & Technical Consulting
Cash Flow: | $954,000 |
EBITDA: | $504,000 |
Gross Revenue: | $2,100,000 |
The Company is recognized for its cutting-edge technology and design advancements in the RF testing niche by offering benchtop, configurable anechoic chambers and positioners for over-the-air testing from mmWave to THz frequencies. The Company's products, characterized by practicality, accuracy, and easy-to-integrate multi-platform software, cater to the evolving demands of the 5G, 6G, and automotive radar sectors. Revenue is generated from test systems (62%) and consulting services (38%) for 135+ clients in the wireless systems, defense, semiconductor, academic, and component industries.
Superior Reputation - As a pioneer in mmWave and THz measurement solutions, the Company has built an excellent reputation and brand awareness and established itself as one of the preeminent manufacturers of RF test equipment.
Who's Who Key Customers - The largest customers, each contributing less than 10% of revenue, include widely recognized household names Samsung, Apple, and Amazon.
Worldwide Customer Base - The Company's domestic and international clients generate revenue from the United States (68%), the European Union (12%), and the rest of the world (20%).
Strong Earnings Profile - The Company has experienced robust growth in EBIT, from 265,000 in 2021 to $447,000 in 2023, representing a compound annual growth rate of 29.9%. EBIT as a percentage of sales (22.4% in 2023) is strong when compared to companies in the same industry.