Reported Earnings • May 16
First quarter 2026 earnings released: US$0.021 loss per share (vs US$0.061 loss in 1Q 2025) First quarter 2026 results: US$0.021 loss per share (improved from US$0.061 loss in 1Q 2025). Revenue: US$3.07m (up 15% from 1Q 2025). Net loss: US$338.0k (loss narrowed 63% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. New Risk • May 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 44% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (US$46.0m market cap). Annonce • Apr 03
Interlink Electronics, Inc., Annual General Meeting, May 19, 2026 Interlink Electronics, Inc., Annual General Meeting, May 19, 2026. Location: california office of interlink electronics, inc., 48389 fremont boulevard, suite 110, california 94538, fremont United States Reported Earnings • Mar 27
Full year 2025 earnings released: US$0.11 loss per share (vs US$0.16 loss in FY 2024) Full year 2025 results: US$0.11 loss per share (improved from US$0.16 loss in FY 2024). Revenue: US$11.9m (up 1.8% from FY 2024). Net loss: US$1.62m (loss narrowed 32% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Annonce • Jan 13
Interlink Electronics, Inc. Appoints Mark Duarte as Director of Business Development, North America Interlink Electronics, Inc. has announced the appointment of Mark Duarte as Director of Business Development, North America. Duarte joins Interlink with over 30 years of experience, including 22 years in sales, strategic planning, and execution. Most recently, he served as Senior Sales Manager at Linxens Healthcare, a multi-national corporation providing product design, development, and high-value contract manufacturing for medical device wearables, biosensors, and trace & authentication devices. Duarte focused on aligning sales efforts with corporate growth strategies across the Americas and consistently exceeded revenue targets. He managed complex negotiations, securing multi-year contracts and high-margin deals. Before joining Linxens Healthcare, Duarte served as Director of Medical Sales at East West MFG., where he helped establish the company as a premier contract manufacturer in the medical device market. Duarte spearheaded growth and managed medical sales, driving the business's growth. He secured recurring design-production businesses with major OEMs and established a steady stream of prospects and new customers for East West MFG’s medical marketing businesses. Annonce • Jan 05
Interlink Electronics, Inc. Appoints Darren Whittaker as European Business Development Director Interlink Electronics, Inc. has announced the appointment of Darren Whittaker as the European Business Development Director. This newly created position is aimed at supporting Interlink's organic growth strategy across Europe. Whittaker will play a crucial role in implementing the company's strategic growth plan and will help expand its presence throughout the region. Whittaker has over 20 years of sales experience in high-tech sectors. Most recently, he served as the Business Development Manager at Teledyne FLIR, where he successfully increased revenue by 8.3 times over eight years. He is recognized for his ability to identify and seize new opportunities, negotiate effectively, and build long-term relationships with OEMs. Additionally, he has managed business activities across the UK, the Baltics, the Nordics, and Israel. Before his role at Teledyne, Whittaker managed EMEA sales exceeding $10 million at Knowles Corporation, securing multimillion-dollar contracts in the military, medical, and industrial sectors. Throughout his career, he has established himself as a strategic thinker with a customer-centric approach, mentoring teams and channel partners to achieve sustained growth. New Risk • Dec 30
New major risk - Revenue and earnings growth Earnings have declined by 43% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 43% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (US$57.8m market cap). Reported Earnings • Nov 14
Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2025 results: US$0.023 loss per share (improved from US$0.042 loss in 3Q 2024). Revenue: US$2.96m (up 11% from 3Q 2024). Net loss: US$336.0k (loss narrowed 46% from 3Q 2024). Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) exceeded analyst estimates by 10.0%. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Annonce • Nov 14
Interlink Electronics, Inc. has completed a Follow-on Equity Offering. Interlink Electronics, Inc. has completed a Follow-on Equity Offering.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 29,547
Price\Range: $6.37
Discount Per Security: $0.1911
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 50,580
Transaction Features: At the Market Offering Annonce • Oct 03
Interlink Electronics, Inc. Awards $200,000 FDA SBIR Grant to Advance Electrochemical Sensors for Food Safety and Quality Monitoring Interlink Electronics, Inc. announced that its Gas and Environmental Solutions division has received a $200,000 SBIR Phase 1 grant from the Food and Drug Administration (FDA). The funding will accelerate the development of advanced electrochemical sensors designed to improve the safety and quality monitoring of post-harvest food products. Food security is a critical global concern, making it increasingly necessary to monitor and assess the quality of food materials at every stage of the supply chain. Beyond the significant economic impact, ensuring food safety is a public health imperative that governments worldwide are placing at the forefront of their priorities. Annonce • Sep 09
United States Department of Agriculture's Gas and Environmental Solutions division receives $175,000 USDA SBIR Grant to Develop AI-Powered Food Quality & Safety Monitor Interlink Electronics, Inc. announced that its Gas and Environmental Solutions division has been awarded a $175,000 Small Business Innovation Research (SBIR) Phase I grant from the U.S. Department of Agriculture (USDA). The grant will fund development of an AI-powered post-harvest food quality and safety monitoring system, leveraging Interlink’s advanced electrochemical gas sensing platform and proprietary data analytics. As food supply chains grow more complex, ensuring freshness and safety from farm to table has become both an economic necessity and a global public health imperative. By fusing real-time gas detection with artificial intelligence, Interlink aims to deliver a breakthrough system capable of continuously assessing produce quality, detecting spoilage risks, and enabling actionable interventions before food reaches consumers. The Phase I project lays the groundwork for potential Phase II funding and future commercialization, positioning Interlink at the forefront of AI-driven environmental and agricultural monitoring. New Risk • Aug 21
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (17% average weekly change). Minor Risk Market cap is less than US$100m (US$74.0m market cap). Major Estimate Revision • Aug 20
Consensus estimates of losses per share improve by 41% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from US$11.6m to US$12.4m. EPS estimate increased from -US$0.32 per share to -US$0.19 per share. Electronic industry in the US expected to see average net income growth of 31% next year. Consensus price target of US$10.00 unchanged from last update. Share price rose 8.7% to US$7.50 over the past week. Reported Earnings • Aug 14
Second quarter 2025 earnings released: EPS: US$0.01 (vs US$0.041 loss in 2Q 2024) Second quarter 2025 results: EPS: US$0.01 (up from US$0.041 loss in 2Q 2024). Revenue: US$3.41m (up 18% from 2Q 2024). Net income: US$100.0k (up US$507.0k from 2Q 2024). Profit margin: 2.9% (up from net loss in 2Q 2024). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Electronic industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Annonce • Aug 01
Interlink Electronics, Inc. Receives $280,000 Phase 1 Small Business Innovation Research Award from the National Institute of Environmental Health Sciences Interlink Electronics, Inc. announced that its Gas and Environmental Solutions division has received a $280,000 Phase 1 Small Business Innovation Research (SBIR) award from the National Institute of Environmental Health Sciences (NIEHS), part of the NIH. The project will develop a next-generation, hyper-local air quality monitoring system featuring low-cost, AI-enabled gas sensing nodes capable of real-time detection and forecasting of ground-level pollution. Growing global concerns over air quality and climate change are creating significant demand for real-time, actionable environmental data. By pinpointing sources of pollution and delivering high-resolution insights, Interlink’s solution will support public safety initiatives, smart city deployments, and industrial environmental compliance worldwide. Interlink’s innovation positions the company at the intersection of environmental intelligence and IoT, a fast-growing market opportunity. New Risk • Jun 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 39% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (US$55.7m market cap). Annonce • May 16
Interlink Electronics, Inc. has filed a Follow-on Equity Offering in the amount of $6 million. Interlink Electronics, Inc. has filed a Follow-on Equity Offering in the amount of $6 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Reported Earnings • May 14
First quarter 2025 earnings released: US$0.082 loss per share (vs US$0.085 loss in 1Q 2024) First quarter 2025 results: US$0.082 loss per share (improved from US$0.085 loss in 1Q 2024). Revenue: US$2.66m (down 15% from 1Q 2024). Net loss: US$805.0k (loss narrowed 4.3% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. Annonce • May 14
Interlink Electronics, Inc. Provides Earnings Guidance for 2026 Interlink Electronics, Inc. provided earnings guidance for 2026. In 2026, the company expects to return to profitability, underpinned by double-digit organic revenue growth and a continued recovery in gross margins. Annonce • Apr 19
Interlink Electronics, Inc., Annual General Meeting, Jun 03, 2025 Interlink Electronics, Inc., Annual General Meeting, Jun 03, 2025. Location: camarillo office of interlink electronics, inc., 1267 flynn road, california 93012, camarillo United States Reported Earnings • Mar 28
Full year 2024 earnings released: US$0.20 loss per share (vs US$0.079 loss in FY 2023) Full year 2024 results: US$0.20 loss per share (further deteriorated from US$0.079 loss in FY 2023). Revenue: US$11.7m (down 16% from FY 2023). Net loss: US$1.98m (loss widened 153% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. New Risk • Feb 12
New major risk - Revenue and earnings growth Earnings have declined by 22% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 22% per year over the past 5 years. Minor Risk Market cap is less than US$100m (US$71.2m market cap). Annonce • Jan 07
Interlink Electronics, Inc. Announces Breakthrough, Industry-First Odor Sensors At CES 2025 Interlink Electronics, Inc. introduced a significant addition to its broad portfolio of electrochemical gas sensors and systems. The 110-37x family of sensors offers the breakthrough capability of sensing TBM (Tert-Butyl Mercaptan) as well as the capability to detect a secondary compound called THT (Tetra-Hydrothiophene). These compounds are routinely added to natural gas supply pipelines to give a detectable odor to odorless Methane, the primary component in natural gas. This practice is aimed at enhancing the safety of the natural gas supply by making any leakages easier to smell, whether in domestic, commercial, or industrial settings. These sensors will be on display at Booth 50718 at the Consumer Electronics Show (CES) in Las Vegas, NV, from January 7 to 10, 2025. This prestigious event brings together industry leaders, innovators, and experts from the electronics domain, offering a unique platform for networking, knowledge sharing, and exploring the latest advancements in this critical space. New Risk • Dec 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (17% average weekly change). Minor Risk Market cap is less than US$100m (US$53.3m market cap). Major Estimate Revision • Nov 14
Consensus EPS estimates fall by 14% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$11.8m to US$11.4m. Losses expected to increase from US$0.22 per share to US$0.25. Electronic industry in the US expected to see average net income growth of 14% next year. Consensus price target of US$7.00 unchanged from last update. Share price fell 11% to US$5.11 over the past week. Reported Earnings • Nov 08
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: US$0.053 loss per share (further deteriorated from US$0.023 loss in 3Q 2023). Revenue: US$2.67m (down 13% from 3Q 2023). Net loss: US$523.0k (loss widened 132% from 3Q 2023). Revenue missed analyst estimates by 8.6%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 7.6% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Electronic industry in the US. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 11
Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2024 results: US$0.031 loss per share (down from US$0.028 profit in 2Q 2023). Revenue: US$2.90m (down 28% from 2Q 2023). Net loss: US$307.0k (down 209% from profit in 2Q 2023). Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) exceeded analyst estimates by 60%. Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Electronic industry in the US. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Jul 30
Now 22% overvalued Over the last 90 days, the stock has fallen 26% to US$4.17. The fair value is estimated to be US$3.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 11% in a year. Earnings are forecast to decline by 183% in the next year. Buy Or Sell Opportunity • Jul 05
Now 21% overvalued Over the last 90 days, the stock has fallen 40% to US$4.07. The fair value is estimated to be US$3.36, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 11% in a year. Earnings are forecast to decline by 183% in the next year. Annonce • Jun 18
Interlink Electronics, Inc. Announces Multiple New Families of Gas Sensors Targeting Outdoor Air Quality Monitoring at Sensors Converge 2024 Interlink Electronics, Inc. announced to introduce a significant addition to its broad portfolio of electrochemical gas sensors and systems. These new sensors, specifically designed for use in Outdoor Air Quality (OAQ) monitoring solutions, are particularly crucial for accurate reporting of air quality as impacted by wildfires. The families of sensors being launched include devices for Nitrogen Dioxide (NO2), Carbon Monoxide (CO), Sulphur Dioxide (SO2), and Ozone (O3). These sensors will be on display at Booth 1153 at the Sensors Converge Conference in Santa Clara, CA, on June 25 and 26. This prestigious event brings together industry leaders, innovators, and experts from the sensor technology domain, offering a unique platform for networking, knowledge sharing, and exploring the latest advancements in this dynamic field. Buy Or Sell Opportunity • Jun 11
Now 23% overvalued Over the last 90 days, the stock has fallen 44% to US$4.14. The fair value is estimated to be US$3.36, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 11% in a year. Earnings are forecast to decline by 183% in the next year. Major Estimate Revision • May 16
Consensus revenue estimates fall by 15% The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$14.1m to US$12.0m. Forecast losses increased from -US$0.22 to -US$0.40 per share. Electronic industry in the US expected to see average net income growth of 16% next year. Consensus price target down from US$14.00 to US$7.00. Share price rose 8.6% to US$4.82 over the past week. New Risk • May 14
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 37% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 37% per year for the foreseeable future. Minor Risk Market cap is less than US$100m (US$44.5m market cap). Reported Earnings • May 10
First quarter 2024 earnings: EPS and revenues miss analyst expectations First quarter 2024 results: US$0.085 loss per share (further deteriorated from US$0.029 loss in 1Q 2023). Revenue: US$3.12m (down 4.7% from 1Q 2023). Net loss: US$841.0k (loss widened 189% from 1Q 2023). Revenue missed analyst estimates by 6.6%. Earnings per share (EPS) also missed analyst estimates by 29%. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Electronic industry in the US. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Annonce • May 01
Interlink Electronics, Inc., Annual General Meeting, Jun 12, 2024 Interlink Electronics, Inc., Annual General Meeting, Jun 12, 2024, at 10:00 Pacific Standard Time. Location: 1267 Flynn Road, Camarillo, California 93012 Camarillo California United States Agenda: To elect four directors to serve until the 2025 Annual Meeting of Stockholders or until their successors are duly elected and qualified; to hold an advisory vote on executive compensation; to ratify the appointment of LMHS, P.C. as independent registered public accounting firm for the fiscal year ending December 31, 2024; and to transact such other business as may properly come before the meeting or any adjournments or postponements thereof. Major Estimate Revision • Mar 28
Consensus EPS estimates fall by 83% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$14.4m to US$14.1m. Losses expected to increase from US$0.12 per share to US$0.22. Electronic industry in the US expected to see average net income growth of 14% next year. Consensus price target of US$14.00 unchanged from last update. Share price was steady at US$7.53 over the past week. New Risk • Mar 26
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 6.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.3% per year for the foreseeable future. Minor Risk Market cap is less than US$100m (US$81.6m market cap). Reported Earnings • Mar 22
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: US$0.039 loss per share (down from US$0.19 profit in FY 2022). Revenue: US$13.9m (up 86% from FY 2022). Net loss: US$383.0k (down 130% from profit in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%. Revenue is forecast to grow 6.4% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Electronic industry in the US. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Board Change • Mar 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Director Maria Fregosi was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Jan 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 56% per year for the foreseeable future. High level of non-cash earnings (30% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$84.6m market cap). New Risk • Nov 17
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 56% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 56% per year for the foreseeable future. High level of non-cash earnings (30% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (US$73.1m market cap). New Risk • Nov 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (30% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (US$67.4m market cap). Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to US$10.91, the stock trades at a trailing P/E ratio of 59.5x. Average forward P/E is 15x in the Electronic industry in the US. Total returns to shareholders of 23% over the past three years. Major Estimate Revision • Aug 17
Consensus estimates of losses per share improve by 56% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from US$14.0m to US$14.3m. EPS estimate increased from -US$0.16 per share to -US$0.07 per share. Electronic industry in the US expected to see average net income growth of 8.6% next year. Consensus price target of US$21.00 unchanged from last update. Share price was steady at US$9.74 over the past week. New Risk • Aug 14
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 47% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 127% per year for the foreseeable future. High level of non-cash earnings (47% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (US$61.0m market cap). Reported Earnings • Aug 11
Second quarter 2023 earnings: EPS and revenues exceed analyst expectations Second quarter 2023 results: EPS: US$0.058 (up from US$0.002 in 2Q 2022). Revenue: US$4.05m (up 99% from 2Q 2022). Net income: US$381.0k (up US$369.0k from 2Q 2022). Profit margin: 9.4% (up from 0.6% in 2Q 2022). Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Electronic industry in the US. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to US$9.19, the stock trades at a trailing P/E ratio of 64.7x. Average forward P/E is 17x in the Electronic industry in the US. Total returns to shareholders of 119% over the past three years. New Risk • Jul 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 82% per year for the foreseeable future. High level of non-cash earnings (46% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (US$59.8m market cap). Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$9.70, the stock trades at a trailing P/E ratio of 68.3x. Average forward P/E is 17x in the Electronic industry in the US. Total returns to shareholders of 113% over the past three years. Reported Earnings • May 12
First quarter 2023 earnings: EPS and revenues exceed analyst expectations First quarter 2023 results: US$0.029 loss per share (down from US$0.006 profit in 1Q 2022). Revenue: US$3.28m (up 65% from 1Q 2022). Net loss: US$191.0k (down US$233.0k from profit in 1Q 2022). Revenue exceeded analyst estimates by 24%. Earnings per share (EPS) also surpassed analyst estimates by 50%. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Electronic industry in the US. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Annonce • May 09
Interlink Electronics, Inc., Annual General Meeting, Jun 27, 2023 Interlink Electronics, Inc., Annual General Meeting, Jun 27, 2023, at 10:00 Pacific Standard Time. Location: 10100 Santa Monica Boulevard, Suite 1400, Los Angeles California United States Agenda: To elect four directors to serve until the 2024 Annual Meeting of Stockholders or until their successors are duly elected and qualified; to hold an advisory vote on executive compensation; to ratify the appointment of LMHS, P.C. as company's independent registered public accounting firm for the fiscal year ending December 31, 2023; and to transact such other business as may properly come before the meeting or any adjournments or postponements thereof. Reported Earnings • Mar 31
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: US$0.19 (up from US$0.12 loss in FY 2021). Revenue: US$7.49m (flat on FY 2021). Net income: US$1.27m (up US$2.05m from FY 2021). Profit margin: 17% (up from net loss in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 46%. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Electronic industry in the US. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Dec 20
Interlink Electronics, Inc. (NasdaqCM:LINK) acquired Business of KWJ Engineering, Inc. and Business of Spec Sensors Llc for $2 million. Interlink Electronics, Inc. (NasdaqCM:LINK) acquired Business of KWJ Engineering, Inc. and Business of Spec Sensors Llc for $2 million on December 19, 2022. SPEC/KWJ's trailing twelve months revenue was over $4 million through November 2022. Both of the teams will be joining Interlink Electronics.Interlink Electronics, Inc. (NasdaqCM:LINK) completed the acquisition of Business of KWJ Engineering, Inc. and Business of Spec Sensors Llc on December 19, 2022. Reported Earnings • Nov 16
Third quarter 2022 earnings released: US$0.014 loss per share (vs US$0.034 profit in 3Q 2021) Third quarter 2022 results: US$0.014 loss per share (down from US$0.034 profit in 3Q 2021). Revenue: US$1.85m (down 17% from 3Q 2021). Net loss: US$94.0k (down 142% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Reported Earnings • Nov 11
Third quarter 2022 earnings released: EPS: US$0.001 (vs US$0.034 in 3Q 2021) Third quarter 2022 results: EPS: US$0.001 (down from US$0.034 in 3Q 2021). Revenue: US$1.85m (down 17% from 3Q 2021). Net income: US$6.0k (down 97% from 3Q 2021). Profit margin: 0.3% (down from 10.0% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Annonce • Sep 20
Interlink Electronics, Inc. Appoints Peter Roussak as General Counsel Interlink Electronics, Inc. announced that Peter Roussak has joined the company as its General Counsel. Mr. Roussak will supervise legal matters for Interlink and assist with mergers and acquisitions, capital market activities, and strategic partnership activities as part of the company's plan to accelerate its growth through external opportunities. Mr. Roussak brings over 40 years of diverse legal and financial experience to Interlink Electronics. He has served as general counsel and co-founder of several companies, including a merchant banking firm that spearheaded the roll-ups of cable TV companies in Latin America. He has additional experience in the technology, retail, transportation, and restaurant fields. Mr. Roussak began his legal career in Los Angeles with Gibson, Dunn & Crutcher, and Irell & Manella. He has an MA in Law from Cambridge University, England, and a JD from the University of Chicago Law School. Reported Earnings • Aug 12
Second quarter 2022 earnings released: EPS: US$0.017 (vs US$0.01 in 2Q 2021) Second quarter 2022 results: EPS: US$0.017 (up from US$0.01 in 2Q 2021). Revenue: US$2.04m (down 1.2% from 2Q 2021). Net income: US$112.0k (up 78% from 2Q 2021). Profit margin: 5.5% (up from 3.1% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 64% per year, which means it is well ahead of earnings. Annonce • May 10
Interlink Electronics, Inc., Annual General Meeting, Jun 28, 2022 Interlink Electronics, Inc., Annual General Meeting, Jun 28, 2022, at 10:00 Pacific Standard Time. Location: Los Angeles office, 10100 Santa Monica California 90067 Los Angeles California United States Agenda: To elect four directors to serve until the 2023 annual meeting of stockholders or until their successors are duly elected and qualified; to consider advisory vote on executive compensation; to ratify the appointment of Macias Gini & OConnell LLP as independent registered public accounting firm for the fiscal year ending December 31, 2022; and consider to transact such other business as may properly come before the meeting or any adjournments or postponements thereof. Reported Earnings • May 06
First quarter 2022 earnings released: EPS: US$0.022 (vs US$0.007 loss in 1Q 2021) First quarter 2022 results: EPS: US$0.022 (up from US$0.007 loss in 1Q 2021). Revenue: US$1.99m (up 27% from 1Q 2021). Net income: US$142.0k (up US$185.0k from 1Q 2021). Profit margin: 7.1% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 70% per year, which means it is well ahead of earnings. Reported Earnings • Mar 30
Full year 2021 earnings released: US$0.12 loss per share (vs US$0.017 profit in FY 2020) Full year 2021 results: US$0.12 loss per share (down from US$0.017 profit in FY 2020). Revenue: US$7.48m (up 8.6% from FY 2020). Net loss: US$782.0k (down US$895.0k from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 73% per year, which means it is well ahead of earnings. Annonce • Mar 30
Interlink Electronics, Inc. Provides Revenue Forecast for the First Quarter and Full Year 2022 Interlink Electronics, Inc. provides Revenue forecasted for the first quarter and full year 2022. Revenue for the first quarter of 2022 is forecasted to exceed $2.0 million.For the year 2022, the Company expects revenue for the 2022 year to exceed the 2021 revenue level. Annonce • Nov 24
Interlink Electronics, Inc. announced that it has received $5 million in funding On November 22, 2021, Interlink Electronics, Inc. closed the transaction. The company amended the terms of the transaction. The company has now issued 200,000 shares for the gross proceeds of $5 million in the transaction. The company issued 80,000 shares for proceeds of $2 million in its second tranche closing. After payment of placement agent cash fees and expenses of the offering, company received net proceeds of approximately $1.88 million from its second tranche. Reported Earnings • Nov 06
Third quarter 2021 earnings released: EPS US$0.034 (vs US$0.01 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$2.22m (up 44% from 3Q 2020). Net income: US$223.0k (up 243% from 3Q 2020). Profit margin: 10.0% (up from 4.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. Reported Earnings • Aug 12
Second quarter 2021 earnings released: EPS US$0.01 (vs US$0.002 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$2.06m (up 21% from 2Q 2020). Net income: US$63.0k (up 385% from 2Q 2020). Profit margin: 3.1% (up from 0.8% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance. Reported Earnings • May 09
First quarter 2021 earnings released: US$0.007 loss per share (vs US$0.003 loss in 1Q 2020) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: US$1.57m (down 7.3% from 1Q 2020). Net loss: US$43.0k (loss widened 139% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 136 percentage points per year, which is a significant difference in performance. Annonce • Feb 18
Interlink Electronics, Inc. Names Graham Wren as Strategic Technical Advisor Interlink Electronics, Inc. welcomed aboard Professor Graham Wren as strategic technical advisor to the company. Wren's appointment is the latest advancement in the company’s commitment to introducing a steady stream of new product offerings. Wren is major projects director and special advisor to the Principal at Strathclyde University. Over the course of his career, he has led projects in such diverse fields as nuclear technology, forensic science, and industrial research. He has also helped create more than 20 industry-focused transnational research centers that have collectively raised more than $2 billion. Wren has served on the board of more than 30 companies and research centers in the pharmaceutical, aeronautical, advanced manufacturing, nuclear, photonics, security, and asset management sectors. Annonce • Feb 11
Interlink Electronics, Inc. Appoints Maria Fregosi to Board Interlink Electronics, Inc. announced that Maria Fregosi has accepted a seat on the company's board of directors. Fregosi brings substantial financial expertise to the company. Fregosi currently serves as Chief Investment Officer of national mortgage lender Homepoint, which she joined as a founding member in 2015. Since she joined Homepoint. Prior to her tenure at Homepoint, Fregosi held a number of finance positions at a variety of firms, including Catalyst Financial, BKF Capital Group and ABN AMRO Bank. Annonce • Dec 23
Interlink Electronics, Inc. Re-Assigns Albert Lu from Chief Technology Officer to Vice President, Technology, a Non-Executive Officer Position On December 17, 2020, Albert Lu, who has served as Chief Technology Officer since February 2014 and was a “named executive officer” for the fiscal year ended December 31, 2019, was re-assigned to a different position within Interlink Electronics, Inc. as part of the move of its R&D operations from its facility in Singapore, where Dr. Lu is located, to new Global Product Development and Materials Science Center in Camarillo, California. Dr. Lu now serves as its Vice President, Technology, a non-executive officer position. Annonce • Nov 17
Interlink Electronics Announces the Appointment of Ryan J. Hoffman to the Position of Chief Financial Officer Interlink Electronics announced the appointment of Ryan J. Hoffman to the position of chief financial officer. He will assume the CFO role from Interlink Electronics CEO Steven N. Bronson, who had held the role in the interim. Hoffman brings over 20 years of auditing and professional experience from two top global accounting firms. Before joining Interlink Electronics, he was a partner for the last five years at RSM during his sixteen-years with the firm. He successfully led audits of global companies in industries that include technology, consumer products, and manufacturing. This familiarity with managing multinational operations will be vital as Interlink continues to grow its presence worldwide.