Trade Napco Security Technologies Inc - NSSC CFD

NAPCO Company profile

About Napco Security Technologies Inc

NAPCO Security Technologies, Inc. designs and manufactures electronic security devices, cellular communication services and school safety solutions. It offers a diversified security products, including access control systems, door-locking products, intrusion and fire alarm systems and video surveillance products. The products are used by commercial, residential, institutional, industrial, and governmental applications, and are sold to independent distributors, dealers, and installers of security equipment. The Company manufactures and markets various products for alarm systems, which include automatic communicators, control panels, combination control panels/digital communicators and digital keypad systems, fire alarm control panel and area detectors. It also manufactures a range of door locking devices, including microprocessor-based electronic door locks with push button, card reader and bio-metric operation, door alarms, mechanical door locks and simple dead bolt locks.

Financial summary

BRIEF: For the six months ended 31 December 2021, Napco Security Technologies Inc revenues increased 28% to $64.5M. Net income increased 59% to $8.8M. Revenues reflect Services segment increase of 37% to $21.3M, Intrusion and access alarm products segment increase of 32% to $20.6M. Net income benefited from Other Selling, general, and administrati decrease of 45% to $6.3M (expense).

Equity composition

Common Stock $.01 Par, 02/11, 40M auth., 20,095,713 issd. less 1,000,000 shs. in Treas. @ $5.6M. Insiders & stakeholders own 35.66%. Public Offering 6/72, 100,000 shs. @ $7.50 by Ferkauf, Roggen, Inc. 11/04, 6-for-5 stock split. 12/05, 3-for-2 stock split. 06/06, 3-for-2 stock split. 01/09, Name changed from Napco Security Systems Inc.