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AstroNova
(NASDAQ:ALOT)
AstroNova (ALOT) vs. SPDR S&P 500 ETF (SPY)
AstroNova Business Overview & Revenue Model
AstroNova Earnings Call Summary
AstroNova Financial Statement Overview
| Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 151.28M | 148.09M | 142.53M | 117.48M | 116.03M |
| Gross Profit | 52.75M | 53.69M | 48.16M | 43.74M | 41.36M |
| EBITDA | -4.30M | 13.04M | 10.06M | 8.25M | 8.42M |
| Net Income | -14.49M | 4.69M | 2.66M | 6.43M | 1.28M |
Balance Sheet | |||||
| Total Assets | 145.59M | 133.25M | 138.51M | 114.95M | 115.47M |
| Cash, Cash Equivalents and Short-Term Investments | 5.05M | 4.53M | 3.95M | 5.28M | 11.44M |
| Total Debt | 48.52M | 22.44M | 30.12M | 9.96M | 17.92M |
| Total Liabilities | 69.84M | 42.97M | 54.14M | 33.94M | 40.79M |
| Stockholders Equity | 75.75M | 90.28M | 84.37M | 81.01M | 74.68M |
Cash Flow | |||||
| Free Cash Flow | 3.68M | 11.48M | -3.17M | -402.00K | 12.96M |
| Operating Cash Flow | 4.85M | 12.35M | -2.94M | 1.39M | 15.54M |
| Investing Cash Flow | -20.27M | -875.00K | -17.26M | -1.80M | -2.59M |
| Financing Cash Flow | 15.38M | -10.97M | 18.75M | -5.56M | -5.14M |
AstroNova Technical Analysis
AstroNova Risk Analysis
AstroNova Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $35.38B | 6.84 | -10.82% | 1.97% | 8.74% | -8.28% | |
60 Neutral | $42.79M | ― | -24.73% | ― | -9.09% | -1586.89% | |
60 Neutral | $108.53M | ― | -44.58% | ― | 4.65% | -79.75% | |
56 Neutral | $85.53M | 16.92 | -19.13% | ― | 7.14% | -415.34% | |
53 Neutral | $84.45M | ― | -23.11% | ― | -73.87% | -115.50% | |
52 Neutral | $30.13M | ― | -5.11% | ― | -18.85% | -2549.17% | |
41 Neutral | $44.58M | ― | 33.98% | ― | -17.08% | -223.70% |
AstroNova Corporate Events
On August 21, 2025, AstroNova, Inc. entered into a Cooperation Agreement with Askeladden Capital Management LLC, leading to the appointment of Shawn Kravetz as an independent director on its Board. This strategic move is expected to enhance the company’s governance and strategic direction, particularly in its Product Identification and Aerospace segments. The agreement includes various commitments from Askeladden, such as voting in favor of the Board’s nominees and adhering to standstill provisions, which are anticipated to stabilize shareholder relations and support AstroNova’s strategic priorities.
On August 4, 2025, AstroNova, Inc. announced the appointment of Jorik E. Ittmann as the new President and CEO, effective August 15, 2025. This leadership change is part of a strategic move to address internal challenges and enhance the company’s growth in the specialized printing systems industry. The appointment of Ittmann, along with other leadership promotions, aims to leverage their extensive industry experience to drive the company’s strategic plan forward, improve organic growth, and enhance profitability. The changes are expected to advance the development and sales of AstroNova’s print engine technology and machine offerings, positioning the company for faster revenue growth.
AstroNova, Inc. announced significant leadership changes effective August 15, 2025, with Jorik Ittmann appointed as the new President and CEO, succeeding Darius G. Nevin, who will become Executive Chairman. These changes are part of a broader executive restructuring, including adjustments to compensation and incentive plans for key executives, aimed at strengthening the company’s leadership and aligning executive goals with company performance metrics.
On June 29, 2025, Darius G. Nevin was appointed as the Interim President and CEO of AstroNova, Inc. On July 23, 2025, AstroNova entered into an agreement with Mr. Nevin, providing him with an annual salary of $260,000 and stock options. The agreement includes provisions for travel expense reimbursement and participation in employee benefit plans.
On June 29, 2025, Gregory A. Woods resigned from his roles as President and CEO of AstroNova, Inc., as well as from the company’s Board of Directors. Following a Separation Agreement effective July 16, 2025, Mr. Woods will assist in the transition of the CEO role for up to 20 hours per week for a year and will continue to cooperate with the company in legal matters related to its acquisition of MTEX New Solution S.A. The agreement outlines various financial terms, including salary continuation, stock vesting, and COBRA coverage, highlighting the structured approach to his departure.
On June 29, 2025, Gregory A. Woods resigned as President and CEO of AstroNova, Inc., and from its Board of Directors. Subsequently, Darius G. Nevin was appointed as Interim President and CEO. Nevin, a seasoned finance executive with extensive experience, including a successful financial turnaround at Protection One, Inc., will lead the company while the Board searches for a permanent successor. This leadership change is part of AstroNova’s accelerated succession plans and aims to address challenges related to the MTEX acquisition and changes in the Product Identification segment. Consequently, the company’s Annual Meeting of Shareholders, initially scheduled for July 9, 2025, has been postponed.
AstroNova‘s Human Capital and Compensation Committee amended the Senior Executive Short-Term Incentive Plan (STIP) on June 12, 2025, to incorporate corporate and segment-level performance goals related to revenue and adjusted operating cash flow. However, an error in the initial amendment excluded the impact of changes in inventory, accounts receivable, and accounts payable from the cash flow definitions. On June 15, 2025, the Committee corrected this by revising the definitions to include these factors, potentially impacting the company’s financial assessments and executive incentives.
On June 13, 2025, AstroNova released a presentation titled ‘Driving Growth and Profitability’ on its Investor Relations website. The presentation highlights the company’s strategic initiatives aimed at enhancing growth and profitability, including the transition to higher-margin ToughWriter aerospace printers and the launch of next-generation product identification solutions. The company is also focusing on reducing costs, simplifying product portfolios, and improving supply chain control. AstroNova’s board is positioned to deliver long-term shareholder value, despite challenges from activist shareholders. The company’s strategic moves are expected to strengthen its market position and drive future growth.
AstroNova‘s Human Capital and Compensation Committee has amended its Senior Executive Short-Term Incentive Plan (STIP) for fiscal year 2026 to include new corporate and segment-level performance goals related to revenue and adjusted operating cash flow. The amendments, decided on June 12, 2025, do not alter the aggregate target award for any grantee but aim to align executive incentives with the company’s restructuring efforts. Additionally, the Committee approved a Stock-Settled Performance Award Agreement under the 2018 Equity Incentive Plan, which sets performance goals for fiscal years 2026 through 2028, focusing on Cumulative Organic Sales Growth and Adjusted EPS. These changes are designed to enhance shareholder value and align executive compensation with company performance.