MARKETS / BALCAO / IEHC

BALCAO · ELECTRONIC CONNECTORS · SMALL CAP

IEH Corp. IEHC

16 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$29.4M

▲ 2.2% YoY

Net income

$-1.3M

▼ 229.8% YoY

Free cash flow

$-1.6M

▼ 136.4% YoY

In brief

What this company does

At IEH, we design and manufacture Hyperboloid connectors that not only accommodate, but exceed military and aerospace specification standards. We are a family managed business, as Louis’ great-grandson, Mr. David Offerman, is the President and Chief Executive Officer, and we believe that we still manufacture the highest quality products for the most demanding environments. IEH serves customers in the United States and internationally. Our customers include defense contractors, commercial aerospace equipment manufacturers, medical device manufacturers, oil and gas exploration firms, and commercial space launch companies. We maintain a Military Specification QPL (Qualified Product Listing), and an ISO (International Standards Organization) 9001:2015 Certification.

Written from the business description in IEH Corporation's annual report to the U.S. Securities and Exchange Commission, filed 12 June 2026. Every sentence was checked against that document before publication.

Growth

USD 29.4M

Revenue, FY2025 · full 16-year series below

Revenue $M Net income $M

FY2025 · Revenue 29.4 · Net income -1.3

Compound annual growth

Revenue

+15.4%

−3.3%

+4.3%

+5.2%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at −3.3% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−4 cents

lost on every revenue dollar

Operating margin Net margin

FY2025 · Operating -5.5% · Net -4.4%

ROE

FY2025 · ROE -5.7%

Gross margin18.9%

Operating margin-5.5%

Net margin-4.4%

Return on assets-4.8%

EBITDA—

Each USD of equity lost 6 cents this year.

Cash & shareholders

—

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF -1.6

Net buybacks $ Dividends $

FY2017 · Dividends 575867.0 · Net buybacks —

Total assetsUSD 27.1M

EquityUSD 22.4M

CashUSD 9.6M

Current ratio7.02×

Equity funds 83% of total assets.

The 16-year record

16 fiscal years

Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue $B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Operating income $B	−0.0	0.0	−0.0	−0.0	−0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
EBITDA $B	·	·	·	·	−0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	·
Income tax $B	−0.0	0.0	−0.0	0.0	−0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net income $B	−0.0	0.0	−0.0	−0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Free cash flow $B	−0.0	0.0	−0.0	−0.0	−0.0	0.0	0.0	0.0	0.0	−0.0	0.0	−0.0	0.0	0.0	0.0	−0.0
EPS, diluted $	−0.53	0.41	−1.23	−2.74	0.59	0.82	0.54	2.15	1.10	0.64	0.73	0.79	0.63	0.40	0.48	0.73
Dividend / sh $	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·
Payout %	·	·	·	·	·	·	·	·	22	·	·	·	·	·	·	·
ROE %	−5.7	4.4	−12.7	−23.6	4.8	7.5	5.6	26.2	16.0	10.3	13.3	16.5	15.5	11.4	15.4	25.3
Shares out B	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 64 reconciliationsAUDITED

Reconciled in 16 of 19 fiscal years. 15 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityElectronic Connectors

Listed onOTC market

Incorporated inNew York

Fiscal year endsMarch 31

SEC categorysmaller reporting company

Data on record since2010