Introduction
Logic Controls is a brand of industrial control systems, safety and security equipment. The company was founded in 1987 and has grown to become one of the leading suppliers of these products in North America. Logic Controls offers products for both commercial and residential applications, including fire alarm systems, access control systems and video surveillance cameras (among others).
History of Logic Controls
Logic Controls was founded in 1976 by a group of engineers who were passionate about technology. The company’s first products were industrial computers and controllers, which they sold to customers throughout North America and Europe. Over time, they developed more products and expanded their reach globally. Today, Logic Controls continues to innovate with new technologies that help businesses improve efficiency and productivity while reducing costs.
Financial Information
Company Revenue
The company’s revenue has been on an upward trend since 2014, with the exception of 2016 when it saw a slight drop. The following year, however, saw an increase of over $1 million in sales compared to 2015. In 2018 and 2019 there was another increase in revenue by more than $2 million each year.
Market Capitalization
The market capitalization is calculated by multiplying the number of outstanding shares by their price per share. As you can see from this graph below, Logic Controls has seen its market cap grow steadily since its inception until recently when it dropped off slightly due to volatile stock prices:
Source : Google
Editor by : Softwarehubs
