Interlink Electrs Inc Stock Price, News & Analysis

Interlink Electronics (NASDAQ: LINK) reported a net revenue of $2.1 million for Q2 2021, marking a 21% year-over-year increase and a 32% sequential growth from Q1. Gross margin fell to 54.6% from 58.6% year-over-year due to product mix and rising production costs. Operating income improved to $133,000, up from $41,000 in 2020. Net income rose to $63,000 or $0.01 per diluted share, compared to $13,000 the prior year. The company maintained a strong cash position of $6.2 million and aims to enhance growth through acquisitions.

BKF Capital Group, Inc. (OTC: BKFG) announced that its subsidiary, Bronson Financial LLC, has become a FINRA member, enabling it to operate as an investment banking firm. Bronson Financial will focus on providing investment banking services to emerging growth and middle-market companies, including M&A advisory, capital raising, fairness opinions, and valuations. Led by founder Steven N. Bronson, with nearly 40 years in business, the firm aims to treat clients as partners. BKF Asset Holdings, the parent company, invests in notable firms like Interlink Electronics (NASDAQ: LINK) and Qualstar (OTC: QBAK).

Interlink Electronics (Nasdaq: LINK) will present virtually at the LD Micro Invitational XI on June 9, 2021, at 1:00 p.m. EST. The presentation, led by Steven N. Bronson, CEO, will cover current and future company initiatives, emphasizing growth strategies, including mergers and acquisitions. The conference, running from June 8 to June 10, features around 180 companies and influential keynote speakers. Attendees can register here.

Interlink Electronics (NASDAQ: LINK) has officially opened a new R&D and materials science lab in Camarillo, California, following a six-month buildout. This 10,000 sq ft facility aims to enhance product development and technological options for the company, which is transitioning from Singapore to the U.S. The lab is equipped with advanced materials characterization and testing equipment to support innovation in sensor technology. The appointment of Gene Chen as VP of engineering will further strengthen the team's capabilities. Interlink continues to lead the HMI industry, focusing on expanding its product offerings.

Interlink Electronics, Inc. (NASDAQ: LINK) reported its financial results for Q1 2021, revealing net revenue of $1.6 million, a decline of 7% year-over-year. The gross margin remained steady at 55.7%. The company experienced a net loss of $43,000, or $0.01 per diluted share, compared to a net loss of $18,000 in the prior year. Challenges stemmed from reduced demand in the medical market due to COVID-19, although growth was noted in industrial and consumer sectors. Interlink ended the quarter with $6.1 million in cash and completed its NASDAQ relisting in March 2021.

Interlink Electronics Inc. (NASDAQ: LINK) announced the appointment of Dr. Gene Chen as Vice President of Engineering and Advanced Materials. Dr. Chen will oversee the new R&D and materials science lab in Camarillo, California, and lead the global engineering team. He brings over 20 years of experience in electrical engineering, having previously served as CTO at New Degree Technology. His expertise in advanced materials is expected to enhance Interlink's product offerings as the company focuses on innovative in-house solutions.

Interlink Electronics (OTC: LINK) has received approval to list its common shares on The Nasdaq Capital Market, with trading set to begin on March 25, 2021. This move is a significant part of the company’s growth strategy, enhancing visibility among investors and improving access to capital. CEO Steven Bronson emphasized the potential for increased liquidity as a key benefit of the listing. Interlink is recognized for its innovative HMI, sensor, and IoT solutions, serving diverse markets and boasting over 35 years of experience in printed electronics.

Interlink Electronics (OTC: LINK) reported a net revenue of $1.9 million for Q4 2020, up 15% year-over-year and 26% sequentially. The company achieved net income of $53,000 or $0.01 per share. Notably, gross profit surged 138% to $1.1 million with a gross margin of 58.2%. Annual revenue declined 5.7% to $6.9 million, yet EBITDA increased significantly to $297,000. The company is preparing for a potential NASDAQ uplisting and expanding operations with a new R&D center. CEO Steven Bronson highlighted ongoing growth plans despite pandemic challenges.

Interlink Electronics (OTC: LINK) has appointed Professor Graham Wren as a strategic technical advisor, enhancing its commitment to product development. Wren, based in Glasgow, Scotland, has extensive experience in various fields and has led projects that raised over $2 billion. Interlink aims to diversify its technological capabilities beyond sensors with Wren's expertise. The company is recognized for its innovations in human-machine interface solutions and continues to serve an international customer base. This evolution signifies a pivotal growth phase for Interlink.