Sono-Tek Corp

NASDAQ SOTK

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Sono-Tek Corp Non-operating Income/Expense 2 year CAGR for the year ending February 29, 2024: -25.58%

Sono-Tek Corp Non-operating Income/Expense 2 year CAGR is -25.58% for the year ending February 29, 2024, a -109.14% change year over year. Non-operating Income/Expense refers to the income or expenses generated from non-core business activities, such as investments or one-time gains/losses. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Sono-Tek Corp Non-operating Income/Expense for the year ending February 28, 2023 was USD 106.92 K, a -89.46% change year over year.
Sono-Tek Corp Non-operating Income/Expense for the year ending February 28, 2022 was USD 1.01 M, a 13,603.32% change year over year.
Sono-Tek Corp Non-operating Income/Expense for the year ending February 28, 2021 was USD 7.41 K, a -92.44% change year over year.
Sono-Tek Corp Non-operating Income/Expense for the year ending February 29, 2020 was USD 97.95 K, a 4,259.37% change year over year.

NASDAQ: SOTK

Sono-Tek Corp

CEO	Dr. Christopher L. Coccio Ph.D.
IPO Date	May 6, 1987
Location	United States
Headquarters	2012 Route 9W, Milton, NY, United States, 12547
Employees	73
Sector	Technology
Industry	Scientific & technical instruments

Description

Sono-Tek Corporation designs and manufactures ultrasonic coating systems for applying on parts and components for the microelectronics/electronics, alternative energy, medical, industrial, and research and development/other markets worldwide. The company provides nozzles and generators for manufacturers' equipment. Its products include integrated multi-axis coating systems, integrated coating systems, fluxing systems, OEM systems, and other related systems. In addition, the company provides surface coating solutions and application consulting services. It markets and distributes its products through direct sales personnel, select independent distributors, and sales representatives. Sono-Tek Corporation was incorporated in 1975 and is headquartered in Milton, New York.

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