InsiderClue
Stocks · Technology · Instruments For Meas & Testing of Electricity & Elec Signals

FREQUENCY ELECTRONICS INC

FEIM Clue Score40
United States Fiscal year ends April CIK 0000039020
$75.09 +0.50% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $75.09 +649.40% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue50.4Operating income−7.5Net income−4.8EPS, diluted−0.55Fiscal year 2018Revenue39.4 −21.7%Operating income−12.4Net income−23.8Fiscal year 2019Revenue49.5 +25.6%Operating income−2.8Net income−2.5Fiscal year 2020Revenue41.5 −16.2%Operating income−10.9Net income−10.0Fiscal year 2021Revenue54.3 +30.7%Operating income−1.0Net income0.7Fiscal year 2022Revenue48.3 −11.0%Operating income−8.0Net income−8.7 −1,374.0%Fiscal year 2023Revenue40.8 −15.6%Operating income−4.7Net income−5.5Fiscal year 2024Revenue55.3 +35.6%Operating income5.0Net income5.6EPS, diluted0.59Fiscal year 2025Revenue69.8 +26.3%Operating income11.7Net income23.7 +323.4%EPS, diluted2.46 +316.9%Fiscal year 2026Revenue63.2 −9.4%Operating income−3.0Net income−0.9 −103.8%EPS, diluted−0.09 −103.7%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 50.4 39.4 49.5 41.5 54.3 48.3 40.8 55.3 69.8 63.2
Growth −21.7% +25.6% −16.2% +30.7% −11.0% −15.6% +35.6% +26.3% −9.4%
Operating income −7.5 −12.4 −2.8 −10.9 −1.0 −8.0 −4.7 5.0 11.7 −3.0
Net income −4.8 −23.8 −2.5 −10.0 0.7 −8.7 −5.5 5.6 23.7 −0.9
Growth −1,374.0% +323.4% −103.8%
EPS, diluted −0.55 n/a n/a n/a n/a n/a n/a 0.59 2.46 −0.09
Growth +316.9% −103.7%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin22.3%Operating margin−14.9%Net margin−9.6%Free cash flow margin−2.7%Fiscal year 2018Gross margin13.1%Operating margin−31.5%Net margin−60.3%Free cash flow margin7.9%Fiscal year 2019Gross margin31.9%Operating margin−5.7%Net margin−5.1%Free cash flow margin−5.8%Fiscal year 2020Gross margin13.8%Operating margin−26.3%Net margin−24.2%Free cash flow margin−7.0%Fiscal year 2021Gross margin31.2%Operating margin−1.8%Net margin1.3%Free cash flow margin20.1%Fiscal year 2022Gross margin17.8%Operating margin−16.6%Net margin−17.9%Free cash flow margin4.5%Fiscal year 2023Gross margin19.2%Operating margin−11.5%Net margin−13.5%Free cash flow margin0.6%Fiscal year 2024Gross margin33.6%Operating margin9.1%Net margin10.1%Free cash flow margin13.1%Fiscal year 2025Gross margin43.1%Operating margin16.8%Net margin33.9%Free cash flow margin−4.6%Fiscal year 2026Gross margin29.1%Operating margin−4.7%Net margin−1.4%Free cash flow margin−2.5%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Gross margin 22.3% 13.1% 31.9% 13.8% 31.2% 17.8% 19.2% 33.6% 43.1% 29.1%
Operating margin −14.9% −31.5% −5.7% −26.3% −1.8% −16.6% −11.5% 9.1% 16.8% −4.7%
Net margin −9.6% −60.3% −5.1% −24.2% 1.3% −17.9% −13.5% 10.1% 33.9% −1.4%
Free cash flow margin −2.7% 7.9% −5.8% −7.0% 20.1% 4.5% 0.6% 13.1% −4.6% −2.5%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow3.9Capital expenditure−5.2Free cash flow−1.3Fiscal year 2018Operating cash flow4.5Capital expenditure−1.4Free cash flow3.1Fiscal year 2019Operating cash flow−0.1Capital expenditure−2.8Free cash flow−2.9 −191.9%Fiscal year 2020Operating cash flow−1.4Capital expenditure−1.5Free cash flow−2.9Fiscal year 2021Operating cash flow12.2Capital expenditure−1.2Free cash flow10.9Fiscal year 2022Operating cash flow4.0Capital expenditure−1.9Free cash flow2.2 −80.1%Dividends paid0.0Fiscal year 2023Operating cash flow1.2Capital expenditure−0.9Free cash flow0.3 −88.2%Dividends paid−9.4Fiscal year 2024Operating cash flow8.7Capital expenditure−1.5Free cash flow7.2 +2,707.8%Buybacks0.0Dividends paid0.0Fiscal year 2025Operating cash flow−1.4Capital expenditure−1.8Free cash flow−3.2 −144.8%Buybacks−0.4Dividends paid−9.6Fiscal year 2026Operating cash flow1.3Capital expenditure−2.9Free cash flow−1.6Buybacks−1.6Dividends paid0.0
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow 3.9 4.5 −0.1 −1.4 12.2 4.0 1.2 8.7 −1.4 1.3
Capital expenditure −5.2 −1.4 −2.8 −1.5 −1.2 −1.9 −0.9 −1.5 −1.8 −2.9
Free cash flow −1.3 3.1 −2.9 −2.9 10.9 2.2 0.3 7.2 −3.2 −1.6
Growth −191.9% −80.1% −88.2% +2,707.8% −144.8%
Buybacks n/a n/a n/a n/a n/a n/a n/a 0.0 −0.4 −1.6
Dividends paid n/a n/a n/a n/a n/a 0.0 −9.4 0.0 −9.6 0.0

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash2.2Shareholders’ equity89.3Fiscal year 2018Cash7.9Shareholders’ equity63.3Fiscal year 2019Cash3.7Total debt0.0Net cash (debt)3.7Shareholders’ equity63.1Debt to equity0.00Fiscal year 2020Cash3.8Total debt5.0Net cash (debt)−1.2Shareholders’ equity54.2Debt to equity0.09Fiscal year 2021Cash9.8Shareholders’ equity55.4Fiscal year 2022Cash11.6Shareholders’ equity46.7Fiscal year 2023Cash12.0Shareholders’ equity32.9Fiscal year 2024Cash18.3Shareholders’ equity39.8Fiscal year 2025Cash4.7Shareholders’ equity55.6Fiscal year 2026Cash1.6Shareholders’ equity56.4
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 2.2 7.9 3.7 3.8 9.8 11.6 12.0 18.3 4.7 1.6
Total debt n/a n/a 0.0 5.0 n/a n/a n/a n/a n/a n/a
Net cash (debt) n/a n/a 3.7 −1.2 n/a n/a n/a n/a n/a n/a
Shareholders’ equity 89.3 63.3 63.1 54.2 55.4 46.7 32.9 39.8 55.6 56.4
Debt to equity n/a n/a 0.00 0.09 n/a n/a n/a n/a n/a n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending April, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 30 Apr 2017 FY2018 30 Apr 2018 FY2019 30 Apr 2019 FY2020 30 Apr 2020 FY2021 30 Apr 2021 FY2022 30 Apr 2022 FY2023 30 Apr 2023 FY2024 30 Apr 2024 FY2025 30 Apr 2025 FY2026 30 Apr 2026
Revenue and profit
50.4 39.4 49.5 41.5 54.3 48.3 40.8 55.3 69.8 63.2
Growth −21.7% +25.6% −16.2% +30.7% −11.0% −15.6% +35.6% +26.3% −9.4%
39.1 34.2 33.7 35.8 37.3 39.7 32.9 36.7 39.7 44.8
11.2 5.2 15.8 5.7 16.9 8.6 7.8 18.6 30.1 18.4
Growth −54.1% +205.8% −63.6% +194.4% −49.2% −8.7% +136.8% +62.0% −38.9%
6.9 7.0 6.5 5.1 4.7 5.0 3.1 3.4 6.1 6.0
11.9 10.6 12.1 11.6 13.2 11.7 9.4 10.2 12.3 15.4
−7.5 −12.4 −2.8 −10.9 −1.0 −8.0 −4.7 5.0 11.7 −3.0
Growth +133.8% −125.6%
−7.0 −11.3 −2.5 −11.8 0.5 −8.7 −5.4 5.5 12.1 −2.9
−2.1 11.2 0.1 −1.7 −0.2 0.0 0.1 −0.1 −11.5 −2.0
−4.8 −23.8 −2.5 −10.0 0.7 −8.7 −5.5 5.6 23.7 −0.9
Growth −1,374.0% +323.4% −103.8%
Per share
−0.55 n/a n/a n/a n/a n/a n/a 0.59 2.46 −0.09
−0.55 n/a n/a n/a n/a n/a n/a 0.59 2.46 −0.09
Growth +316.9% −103.7%
8.8 8.8 8.9 9.1 9.2 9.3 9.3 9.4 9.6 9.8
8.8 8.8 9.2 9.3 9.2 9.3 9.3 9.4 9.6 9.8
Growth +0.6% +3.6% +1.8% −0.8% +0.2% +0.8% +1.0% +1.9% +1.8%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 3.1% a year over five years.
  • The diluted share count rose 5.8% in five years, which is dilution.
  • Operating margin is down 3.0 points on five years ago, at -4.7%.
  • A net loss in 7 of 10 years on file.