Interlink Electrs Inc Stock Price, News & Analysis

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.

Interlink Electronics (OTC: LINK) announces the appointment of Maria Fregosi to its board of directors as of February 11, 2021. Fregosi, currently the Chief Investment Officer at Homepoint (NASDAQ: HMPT), has extensive financial experience and was a founding member of Homepoint, contributing to its growth as a top-10 non-bank mortgage lender with $62 billion in funded origination volume in 2020. Her financial expertise is expected to bolster Interlink's expansion plans through acquisitions and partnerships.

Interlink Electronics (OTC PINK: LINK) has appointed Maria Fregosi to its board of directors, enhancing its leadership with her extensive financial experience. Currently the Chief Investment Officer at Homepoint, Fregosi has been instrumental in its growth into a top-10 non-bank mortgage lender, achieving $62 billion in funded origination volume in 2020. The CEO of Interlink, Steven N. Bronson, emphasized her invaluable support for the company's expansion plans through acquisitions and partnerships. Fregosi aims to help maximize company growth in the near term.

Interlink Electronics, Inc. (OTC: LINK) announced that its Form 10 Registration Statement has become effective, allowing it to operate as a fully reporting company under the Securities Exchange Act of 1934. This registration enhances transparency and compliance, providing investors access to comprehensive financial information. Interlink Electronics specializes in human-machine interface (HMI) and force-sensing technologies and boasts a significant portfolio that includes the patented Force Sensing Resistor® technology, serving diverse sectors such as medical and automotive.

Interlink Electronics (OTC PINK:LINK) will present at LD Micro's The LD 500 Virtual Investor Conference on September 2 at 10:20 AM PST. CEO Steven N. Bronson will discuss the company’s growth strategies and recent initiatives, which include expanding their physical footprint and launching new sales channels. Bronson expressed excitement about sharing developments and the opportunity for virtual engagement amidst current challenges. The conference runs from September 1-4, featuring nearly 300 companies, and is open to all interested attendees.

Interlink Electronics, Inc. (OTC: LINK) reported mixed financial results for the six months ending June 30, 2020. While net revenue decreased by 15.2% to $1,702 thousand compared to the same quarter last year, gross profit rose by 11.6% to $1,957 thousand. The company experienced a significant drop in income from operations to $41 thousand, down 88.9% year-over-year. After-tax net income fell to $13 thousand, considerably lower than the $109 thousand reported in the previous year. The company continues to invest in growth amidst COVID-19 challenges, with a solid cash position of $6,097 thousand and no debt.