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Servotronics(SVT) - 2024 Q1 - Quarterly Report
2024-05-10 12:45
(Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 1-07109 SERVOTRONICS, INC. (Exact name of registrant as specified in its charter) Delaware 16-0837866 (State or other jurisdiction of incorporation or organization) Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 2 ...
Servotronics(SVT) - 2023 Q4 - Annual Report
2024-03-22 13:01
Company Overview - Servotronics designs and manufactures high-performance servo valves for commercial aerospace, government, medical, and industrial markets[10]. - The Consumer Products Group (CPG) segment was divested in 2023, now reflected as a discontinued operation[12]. - As of December 31, 2023, the company employed 262 individuals, with 88% actively contributing to production and engineering tasks[22]. Strategic Focus - Servotronics is focusing on a rebranding initiative to enhance communication of its product capabilities and expand into energy and industrial markets[14]. - Significant investments in research and development are being made to drive sustainable long-term growth and strengthen market position[20]. - The company emphasizes the importance of intellectual property as a competitive advantage and aims to leverage it for innovation and value creation[19]. Employee Engagement - Employee engagement and retention are prioritized, with a focus on personal and professional growth through feedback and leadership programs[24]. - Servotronics is dedicated to attracting diverse talent through partnerships with educational institutions and professional associations[23]. Risk Management - The company is navigating risks related to global economic uncertainties, supply chain disruptions, and customer concentration[27]. - Forward-looking statements indicate potential risks including uncertainties in the global economy and political risks[27]. - The company faces challenges related to supply chain constraints and labor market disruptions[27]. - Revenue concentration among a small number of customers poses a risk to the company's financial stability[27]. - The company is focused on the aerospace and defense industries, which are subject to market fluctuations[27]. - The introduction of new technologies and competitive products will impact the company's future operations[27]. - The ability to attract and retain key executives and employees is critical for the company's growth[27]. Compliance and Ethics - The company emphasizes ethics and integrity in its operations, ensuring compliance with all laws and regulations[25]. - The company files annual, quarterly, and current reports with the U.S. Securities and Exchange Commission[25]. - The company maintains an anonymous ethics hotline for employees to report concerns about business behavior[25]. - The company does not assume any obligation to update forward-looking statements after the date of the report[27].
Servotronics(SVT) - 2023 Q3 - Quarterly Report
2023-11-09 21:43
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 1-07109 SERVOTRONICS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) D ...
Servotronics(SVT) - 2023 Q2 - Quarterly Report
2023-08-10 20:40
or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 1-07109 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 1110 Maple Street Elma, New York 14059 (Address of principal executive of ices) (zip code) (716) 655-5990 (Registrant's telephone number, inclu ...
Servotronics(SVT) - 2023 Q1 - Quarterly Report
2023-05-15 12:02
Table of Contents ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 1-07109 SERVOTRONICS, INC. (Exact name of registrant as specified in its charter) Delaware 16-0837866 (State or other jurisdiction of incorporation or organization) (I. R. S. Employer Identification No.) 1110 Maple Street Elma, New York 14059 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 1 ...
Servotronics(SVT) - 2022 Q4 - Annual Report
2023-03-31 12:57
or Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 Commission File No. 1-07109 SERVOTRONICS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of (I. R. S. Employer incorporation or organization) Id ...
Servotronics(SVT) - 2022 Q3 - Quarterly Report
2022-11-14 21:53
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 Form 10-Q Delaware 16-0837866 (State or other jurisdiction of incorporation or organization) (I. R. S. Employer Identification No.) 1110 Maple Street Elma, New York 14059 (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commi ...
Servotronics(SVT) - 2022 Q2 - Quarterly Report
2022-08-15 20:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 1-07109 SERVOTRONICS, INC. (Exact name of registrant as specified in its charter) Delaware 16-0837866 (State or other jurisdiction of incorporation or ...
Servotronics(SVT) - 2022 Q1 - Quarterly Report
2022-05-16 20:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 (I. R. S. Employer Identification No.) 1110 Maple Street Elma, New York 14059 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 1-07109 SERVOTRONICS, INC. (Exact name of registrant as specified in its ...
Servotronics(SVT) - 2021 Q4 - Annual Report
2022-03-31 20:01
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 Commission File No. 1-07109 SERVOTRONICS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of (I. R. S. Employer incorporation or organization) Id ...