AstroNova, Inc. (ALOT): history, ownership, mission, how it works & makes money

AstroNova, Inc. (ALOT): history, ownership, mission, how it works & makes money

US | Technology | Computer Hardware | NASDAQ

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A Brief History of AstroNova, Inc. (ALOT)

Company Overview

AstroNova, Inc. is a technology company headquartered in West Warwick, Rhode Island. The company trades on the Nasdaq under the ticker symbol ALOT.

Financial Performance

Fiscal Year Revenue Net Income Earnings Per Share
2023 $126.3 million $5.2 million $0.74
2022 $123.7 million $4.9 million $0.70

Business Segments

  • Test & Measurement
  • Product Identification
  • Aerospace & Defense

Stock Performance

As of January 2024, ALOT stock price ranges between $18-$22 per share, with a market capitalization of approximately $160 million.

Key Leadership

  • Greg Woods - President and CEO
  • David Barta - Chief Financial Officer

Recent Developments

In 2023, AstroNova completed strategic investments in advanced manufacturing technologies and expanded product lines in test and measurement equipment.



A Who Owns AstroNova, Inc. (ALOT)

Major Institutional Shareholders

Shareholder Shares Owned Percentage
Dimensional Fund Advisors LP 544,526 5.81%
BlackRock Inc. 441,842 4.71%
Vanguard Group Inc. 385,707 4.11%

Insider Ownership

As of the latest available data, AstroNova, Inc. insider ownership includes:

  • Gregory A. Woods (President and CEO): 215,000 shares
  • Joseph Caruso (CFO): 45,000 shares
  • David Cherepich (SVP of Operations): 35,000 shares

Ownership Structure

Public Float: 9,375,000 shares

Total Outstanding Shares: 9,375,000 shares

Top Institutional Investors

Investor Total Value Shares
Renaissance Technologies LLC $3,214,000 203,450
Goldman Sachs Group Inc. $2,675,000 168,900


AstroNova, Inc. (ALOT) Mission Statement

Company Overview

AstroNova, Inc. is a technology company headquartered in West Warwick, Rhode Island. The company designs, manufactures, and distributes advanced data visualization and printing technologies.

Financial Performance

Fiscal Year Total Revenue Net Income
2023 $134.7 million $6.2 million
2022 $127.3 million $5.9 million

Product Segments

  • Test & Measurement
  • Aerospace & Defense
  • Industrial Printing Solutions

Key Business Focus

Technological Innovation in data recording, visualization, and printing technologies across multiple industries.

Market Position

Stock Symbol Exchange Market Capitalization
ALOT NASDAQ $208.5 million

Strategic Objectives

  • Expand technological capabilities
  • Enhance global market presence
  • Develop innovative product solutions


How AstroNova, Inc. (ALOT) Works

Company Overview

AstroNova, Inc. is a global leader in data visualization technologies and specialty printers located in West Warwick, Rhode Island. As of fiscal year 2023, the company reported total revenue of $124.5 million.

Business Segments

Segment Revenue Product Focus
Test & Measurement $71.2 million Aerospace and defense data recording systems
Product Identification $53.3 million Industrial label and color printing solutions

Key Financial Metrics

  • Market Capitalization: $151.6 million
  • Gross Margin: 42.3%
  • Operating Expenses: $36.8 million
  • Net Income: $6.7 million

Product Offerings

Test & Measurement Division provides data recording and reporting solutions for aerospace, defense, and commercial industries.

Product Identification Division manufactures color label printers and industrial marking systems for various manufacturing sectors.

Geographic Revenue Distribution

Region Revenue Percentage
United States 68.5%
International Markets 31.5%

Stock Performance

  • Ticker Symbol: ALOT
  • 52-Week Low: $8.45
  • 52-Week High: $15.72
  • Current Price (as of Q4 2023): $12.15


How AstroNova, Inc. (ALOT) Makes Money

Business Segments

AstroNova, Inc. generates revenue through two primary business segments:

  • Product Identification Solutions
  • Test & Measurement Systems

Product Identification Solutions Segment

Revenue for this segment in fiscal year 2023: $95.6 million

Product Category Revenue Contribution
Color Label Printers $42.3 million
Industrial Label Printers $35.7 million
Specialty Printing Systems $17.6 million

Test & Measurement Systems Segment

Revenue for this segment in fiscal year 2023: $74.2 million

Product Category Revenue Contribution
Aerospace & Defense Recording Systems $48.9 million
Semiconductor Test Equipment $25.3 million

Financial Performance

Total company revenue for fiscal year 2023: $169.8 million

Gross profit margin: 39.2%

Net income for fiscal year 2023: $6.3 million

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