Magnus Hitech Industries Revenue, Growth & Competitor Profile

Company Profile & Annual Report for Magnus Hitech Industries

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Magnus Hitech Industries Fast Facts

Revenue	$1 - $10 million    See Exact Annual Revenue
Employees	10 - 100Exact Company Size
Primary Industry	332216 Saw Blade & Handtool Manufacturing
Additional NAICS Codes	332 Fabricated Metal Product Manufacturing 33271 Machine Shops 332721 Precision Turned Product Manufacturing
Address	1605 Lake Street Melbourne, FL 32901

Note: Revenues for privately held companies are statistical evaluations.


Magnus Hitech Industries's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Magnus Hitech Industries's annual revenues are $1 - $10 million (see exact revenue data)
• What industry is the company in?
  • Magnus Hitech Industries is classified as operating in the Saw Blade & Handtool Manufacturing industry, NAICS Code 332216.

Magnus Hitech Industries Annual Revenue and Growth Rate

Magnus Hitech Industries	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	$1 - $10 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Magnus Hitech Industries's revenues are gauged from an analysis of company filings.

Magnus Hitech Industries's Income Statement (based on Industry Averages)

Magnus Hitech Industries P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Market Share of Magnus Hitech Industries's Largest Competitors

A competitive analysis shows these companies are in the same general field as Magnus Hitech Industries, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
PRECISION METALS GROUP	Mentor, OH	100
RP TOOLS	Houston, TX	55
INLAND MIDWEST	Elmhurst, IL	45
LIE-NIELSEN TOOLWORKS	Warren, ME	33
GREAT LAKES CARBIDE TOOL MFG I	Peshtigo, WI	32
MERITOOL	Salamanca, NY	23
U.S. BLADE MFG.	Cranford, NJ	16
PRECISION COMPONENTS & ASSEMBLIES	Saint Peters, MO	16
PRECISION SAW WORKS	Polkton, NC	15

Nearby Competitors

These companies are similar in business line and location to Magnus Hitech Industries. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
KEL-TEC CNC INDUSTRIES	Cocoa, FL	100
HYDRO PRECISION TUBING USA	Rockledge, FL	87
BREVARD ROBOTICS	Cocoa, FL	69
EMF	Merritt Island, FL	54
PERRY FIBERGLAS PRODUCTS	Rockledge, FL	27
DIAMONDBACK FIREARMS	Cocoa, FL	25
PIRTEK USA	Rockledge, FL	21
KINSHIP PRECISION	Melbourne, FL	13
MIGRANDY	Merritt Island, FL	11
MAGNUS HITECH INDUSTRIES	Melbourne, FL	10

Future Competition: Magnus Hitech Industries's Fastest Growing Competitors

These companies are in the same general field as Magnus Hitech Industries and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)