Sono-Tek Corp

NASDAQ SOTK

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Sono-Tek Corp Net Income Before Taxes 2 year CAGR for the Trailing 12 Months (TTM) ending February 29, 2024: -56.27%

Sono-Tek Corp Net Income Before Taxes 2 year CAGR is -56.27% for the Trailing 12 Months (TTM) ending February 29, 2024, a -140.00% change year over year. Net income before taxes represents a company's profit after all operating expenses and interest expenses have been deducted but before taxes have been accounted for. It is calculated by dividing the net income by (1 - tax rate). This metric helps evaluate the company's profitability and assess its earnings before the impact of tax obligations. It provides insights into the company's pre-tax financial performance and is often used for comparing companies in different tax jurisdictions. 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 Net Income Before Taxes for the Trailing 12 Months (TTM) ending February 28, 2023 was 197,478.50, a -72.80% change year over year.
Sono-Tek Corp Net Income Before Taxes for the Trailing 12 Months (TTM) ending February 28, 2022 was 726,051.00, a 115.47% change year over year.
Sono-Tek Corp Net Income Before Taxes for the Trailing 12 Months (TTM) ending February 28, 2021 was 336,966.75, a 11.08% change year over year.
Sono-Tek Corp Net Income Before Taxes for the Trailing 12 Months (TTM) ending February 29, 2020 was 303,361.75, a 568.81% 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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