← BackAMTECH SYSTEMS INC · Special Industry Machinery, NECASYS
Elevated riskNext report: Around Dec 9 (est.)
The short versionA company still losing money with growing sales. Institutions are adding.
Going well
- Sales up 15% in the latest quarter vs a year ago
- Little debt
Watch out for
- Losing money, losses are large next to sales
- Revenue down 21.6% from the year before
Money moves
- No insider buying or selling in the last 30 days
- Institutions added 51% to their holdings in the quarter ending June 2026 (84 bought, 32 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$12.64+1.6% that day
- Company value
- $221M
- Share price times all shares
- Price vs profit (P/E)
- 46.8x
- You pay about $47 for each $1 of yearly profit
- Price vs sales
- 2.7x
- Company value is 2.7 times a year of sales
- Cash vs value
- 38%
- A big cushion: cash is a large part of what the company is worth
- Debt vs value
- 0%
- Debt as a share of company value
From ASYS's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$22.4M+14% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $81.7M, down 2.4% from the 12 months before. Over 5 years, sales grew about 3.9% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.-44.4%
- PassDebt under half of equityNot relying on borrowed money.0.01x equity
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-38.2%
- MissProfitable every yearSteady profits, not one good year.4 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$6.9M
- PassShare count not growingNot diluting owners. Falling means buybacks.+0.8% in 3 years
- MissGross margin 40%+Pricing power: sells for well above what it costs to make.34.0%
- Revenue
- $79.4M
- -21.6% vs prior year
- 5-year growth
- +3.9%/yr
- revenue, per year
- Total debt
- $294K
- 0.01x equity
- Current ratio
- 2.90x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Revenue
- $22.4M
- +14.5% YoY
- EPS
- $0.10
- vs $0.01
- Op. margin
- 9.9%
- +5.2 pts
- Gross margin
- 50.0%
- +3.3 pts
- Free cash flow
- $994K
- Share count
- +12.1%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 0.9
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+50.8%Institutions added 50.8% to their holdings. 84 bought, 32 sold. 4 quarters of net buying in a row.
Shares held by institutions11.3M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
+7.3%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
0.0x · $129K debtShares outstandingLatest reported
18MWhy elevated risk- Losing money, losses are large next to sales
- Share count growing 7.3% a year
- Revenue down 21.6% from the year before
- 2 offering filings in 6 months (may sell new shares)
Next reportAround Dec 9 (est.)Estimated from the same quarter last year
- Results filedAug 5
- Results filedMay 7
- Results filedFeb 5
- Results filedDec 10, 2025
- Results filedAug 6, 2025
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.
Latest filings
Straight from SEC EDGAR
BoughtThomas B SabolChief Financial Officer
2,000 shares at $14.14 · $28K
- New position
- Now owns 2,000 shares
- Filed 2 days after trade
BoughtGuy ShechterPresident & CEO
3,450 shares at $14.34 · $49K
- +7% of holdings
- Now owns 53,450 shares
- Filed 1 day after trade
Stock awardRobert C DaigleChairman & CEO, Director
50,000 shares
- Now owns 50,000 shares
- Restricted Stock Units
- Filed 1 day after trade
Stock awardGuy ShechterPresident & COO
25,000 shares
- Now owns 25,000 shares
- Restricted Stock Units
- Filed 1 day after trade
Stock awardThomas B SabolChief Financial Officer
15,000 shares
- Now owns 15,000 shares
- Restricted Stock Units
- Filed 1 day after trade
Option exerciseRobert M AverickDirector, 10% owner
18,000 shares at $9.71 avg ($7.40 to $11.51) · $175K
- +3% of holdings
- Now owns 725,341 shares
- Exercise price $7.40
- 3 transactions
- Filed 4 days after trade