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Allied Motion Company profile

About Allied Motion Technologies, Inc.

Allied Motion Technologies Inc. is engaged in the business of designing, manufacturing and selling controlled motion solutions, which include integrated system solutions, as well as individual controlled motion products, to a broad spectrum of customers across the world. The Company’s target markets include Vehicle, Medical, Aerospace & Defense and Industrial. The Company’s segment includes manufacture and marketing of controlled motion products for end user and OEM applications. Its products include brush and brushless DC motors, brushless servo and torque motors, coreless DC motors, integrated brushless motor-drives, gearmotors, gearing, modular digital servo drives, motion controllers, incremental and absolute optical encoders, active and passive filters for power quality and harmonic issues, and other controlled motion-related products.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Allied Motion Technologies, Inc. revenues increased 10% to $403.5M. Net income increased 77% to $24.1M. Revenues reflect Industrial And Electronics segment increase of 19% to $135.4M, Vehicle segment increase of 18% to $129.8M, United States segment increase of 12% to $239.5M, Asia Pacific segment increase of 36% to $34.6M. Net income benefited from Other income.

Equity composition

Common Stock no Par, 03/11, 50M auth., 8,417,636 issd. Insiders & Strategic holders own 40.97%. PO 5/69, 225K shares @ $10 by J. Barth & Co. 4/85, 3-for-2 stock split. FY'99 fncls. are reclassified. 11/02, Name changed from Hathaway Corporation. 5/04, Company acquired Owosso Corporation @ 0.068 shares (396,052 shares issd.).