Tel-Instrument Electronics Corp. Reports Net Income of $1.3 Million for FY 2022

East Rutherford, NJ – June 17, 2022 – Tel-Instrument Electronics Corp. (“Tel-Instrument,” “TIC,” or the “Company”) (OTCQB: TIKK), a leading designer and manufacturer of avionics test and measurement solutions, today reported net income of $1,309,738 or $0.30 per basic share and $0.26 per diluted share on revenues of $12.9 million for the 2022 fiscal year ended March 31, 2022.

Highlights include:

·   Revenues for the fiscal year ended March 31, 2022, increased $1.4 million, or 12%, versus the prior fiscal year.

·   Gross margins for the 2022 fiscal year were 44.6%, or a 3.3 percentage point improvement over the prior fiscal year.

TIC announces availability of the most advanced All-In-One avionics flight tester on the market

sdr omnitestTel-Instrument Electronics Corp. (TIC) is now taking orders for the  highly anticipated SDR-OMNI All In One avionics Test Set. Full manufacturing is in process and production units will be shipping in early September 2022. There are a limited number of units available for demonstrations in June.

See the New SDR-Omni at the AMC Conference - Memphis TN, May 09 -12, 2022

ARINCTel-Instrument will be in Memphis TN May 9th to the 12th showcasing the new SDR-Omni NAV/COMM Test Set. Please stop by our booth and see the latest in avionics ground support equipment. 


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