| | Business Summary | | Torotel,
Inc.
conducts
business
through
Torotel
Products,
Inc.,
which
specializes
in
the
custom
design
and
manufacture
of
a
wide
variety
of
precision
magnetic
components,
consisting
of
transformers,
inductors,
reactors,
chokes
and
toroidal
coils.
These
components
modify
and
control
electrical
voltages
and
currents
in
electronic
devices.
Torotel
Products
sells
these
magnetic
components
to
original
equipment
manufacturers,
who
use
them
in
products
such
as
aircraft
navigational
equipment,
digital
control
devices,
voice
and
data
secure
communications,
medical
equipment,
telephone
and
avionics
equipment,
and
conventional
missile
guidance
systems. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | TTLO
specializes
in
the
custom
design
and
manufacture
of
a
wide
variety
of
precision
magnetic
components,
consisting
of
transformers,
inductors,
reactors,
chokes,
and
toroidal
coils.
For
the
fiscal
year
ended
4/30/01,
revenues
rose
5%
to
$3.5
million.
Net
income
decreased
15%
to
$317
thousand.
Revenues
reflect
higher
sales
of
the
potted
coil
assembly
for
Hellfire
II.
Net
income
was
offset
by
higher
S/G/A
expenses
and
the
absence
of
a
$386
thousand
special
credit. | | More
from
Market Guide: Significant
Developments |
| | Officers | |
| Position | | Dale Sizemore, Jr., 49 | Chairman,
Pres and CEO | | H. James Serrone, 46 | CFO,
VP-Fin., Sec., Director |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/t/ttlo.ob.gif)