Electro-Sensors(US:ELSE)2025-11-13 17:22Financial Performance - Net sales for Q3 2025 were $2,748, an increase of $236, or 9.4%, from $2,512 in Q3 2024[66] - Gross profit for Q3 2025 was $1,458, an increase of $193, or 15.3%, compared to Q3 2024, with a gross margin of 53.1%[67] - Total operating expenses for Q3 2025 increased by $185, or 16.9%, to $1,277, representing 46.5% of net sales[68] - Income before income tax expense decreased to $272 in Q3 2025, down $18 from $290 in Q3 2024[71] Non-Operating Income - Net non-operating income decreased by $26, or 22.2%, for Q3 2025 compared to Q3 2024, primarily due to lower interest income[70] Cash Flow - Cash and cash equivalents were $10,571 as of September 30, 2025, up from $9,948 at December 31, 2024[73] - Cash from operating activities for the nine months ended September 30, 2025, was $642, an increase of $236 from $406 in the same period of 2024[74] Expenses - Selling and marketing expenses in Q3 2025 increased by $94 to $434, or 27.6%, from Q3 2024[76] Growth Strategy - The company continues to seek growth opportunities through internal product development and external acquisitions[80] Off-Balance Sheet Arrangements - The company had no off-balance sheet arrangements or transactions as of September 30, 2025[81]