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Electro-Sensors, Inc. Announces First Quarter 2025 Financial Results

1. ELSE's Q1 2025 revenue at $2.239M, slightly down from Q1 2024. 2. Gross margin improved to 48.4%, up from 48.1% year-over-year. 3. Operating loss increased to $(169K), a 69% decrease compared to last year. 4. Net loss significantly changed to $(64K) compared to a profit last year. 5. Sales decline attributed mainly to HazardPRO™ wireless product category.

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Why Bearish?

Despite improved margins, the increase in losses and declining revenue signals financial distress. Historically similar performance leads to negative investor sentiment, as seen with other tech firms experiencing revenue declines.

How important is it?

The article presents financial results which directly affect ELSE's market perception and pricing. The substantial operating loss and the context of declining sales are essential for investors.

Why Short Term?

Immediate focus on Q1 results implies upcoming investor reactions and stock volatility. Past instances show rapid stock adjustments following similar announcements in the tech industry.

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DELMABDMS
, /PRNewswire/ -- Electro-Sensors, Inc. (NASDAQ: ELSE), a leading global provider of machine monitoring sensors and hazard monitoring systems, today announced financial results for the first quarter ended March 31, 2025. First quarter revenue of $2,239,000 Gross Margin of 48.4% Cash and investments of approximately $10.0 million Unaudited; in thousands, except per share data Q1 FY25 Q1 FY24 Change Net Sales $ 2,239 $ 2,244 (0.2) % Gross Margin 48.4 % 48.1 % 30 Bps Operating Loss $ (169) $ (100) (69.0) % Operating Margin (7.6) % (4.5) % (310) bps Income (Loss) Before Income Tax Benefit $ (81) $ 16 (606.3) % Income (Loss) Per Share (diluted) $ (0.02) $ 0.00 (100.0) % "We are pleased to report first quarter revenue of $2,239,000, down 0.2% from the prior-year period," said David L. Klenk, Electro-Sensors' president.  "The decrease was driven primarily by reduced sales of HazardPROTM wireless product sales, partially offset by an increase in sales of wired sensor products." A full analysis of results for the period ended March 31, 2025 is available in the Company's Form 10-Q, which is available on the Company's website at www.electro-sensors.com or through the Securities and Exchange Commission's Edgar database at www.sec.gov. Electro-Sensors, Inc. Consolidated Statements of Income For the Quarter Ended March 31, 2025 and 2024 (unaudited) (in thousands except share and per share amounts) Three Months Ended March 31 2025 2024 Net sales $ 2,239 $ 2,244 Cost of goods sold 1,155 1,164 Gross profit 1,084 1,080 Operating expenses 1,253 1,180 Operating loss (169) (100) Non-operating income 88 116 Income (loss) before income taxes (81) 16 Benefit from income taxes (17) 5 Net income (loss) $ (64) $ 11 Income (loss) per share – diluted $ (0.02) $ 0.00 Average shares outstanding - diluted 3,449,021 3,428,021 Electro-Sensors, Inc. Consolidated Balance Sheets March 31, 2025 and December 31, 2024 (in thousands) March 31 December 31 2025 2024 Assets (unaudited) Current Assets Cash and investments $ 9,974 $ 10,004 Trade receivables, net 1,505 1,309 Inventories, net 2,010 1,964 Other current assets 250 197 Total current assets 13,739 13,474 Deferred income tax asset, long-term 460 501 Property and equipment, net 887 910 Total assets $ 15,086 $ 14,885 Liabilities and Stockholders' Equity Current Liabilities Accounts payable and accrued expenses $ 786 $ 552 Total current liabilities 786 552 Stockholders' equity Common stock 344 344 Additional paid-in capital 2,391 2,360 Retained earnings 11,565 11,629 Total stockholders' equity 14,300 14,333 Total liabilities and stockholders' equity $ 15,086 $ 14,885 About Electro-Sensors Electro-Sensors, Inc. is an industry leading designer and manufacturer of rugged and reliable machine monitoring sensors and wireless/wired hazard monitoring systems applied across multiple industries and applications. These products improve processes by protecting people, safeguarding systems, reducing downtime, and preventing waste. Electro-Sensors is proud to be an ISO9001:2015 quality certified company and is committed to providing excellent customer service and technical support. Founded in 1968 and located in Minnetonka, Minnesota, Electro-Sensors provides its loyal customers with reliable products that improve safety and help plants operate with greater efficiency, productivity and control. Cautionary Statement Regarding Forward Looking Statements This press release may include statements about possible or anticipated future financial performance, business activities, plans, or opportunities.  These forward-looking statements may include the words "will," "should," "believes," "expects," "anticipates," "intends" or similar expressions.  For these forward-looking statements, the Company claims the protection of the safe harbor for forward−looking statements contained in federal securities laws.  Forward-looking statements reflect the company's current views with respect to future events and financial performance and include any statement that does not directly relate to a current or historical fact.  These forward-looking statements are subject to a number of factors, risks and uncertainties, including those disclosed in our periodic filings with the SEC that could cause actual performance, activities, plans, or opportunities after the date the statements are made to differ significantly from those indicated in the forward-looking statements. For more information please visit our website at: www.electro-sensors.com. Also look us up on:LinkedIn: linkedin.com/company/electro-sensors-inc-X: x.com/ESIsensorsFacebook: facebook.com/ElectroSensors SOURCE Electro-Sensors, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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