Universal Security Instruments, Inc., along with its subsidiary, specializes in the development, marketing, and distribution of essential safety and security solutions for ...
Universal Safety Products, Inc. (NYSE American: UUU), formerly known as Universal Security Instruments, Inc., is a specialized provider of safety and security solutions. Established in 1969, the company has over five decades of experience in developing and distributing essential safety products. Headquartered in Owings Mills, Maryland, the company operates primarily ...Universal Safety Products, Inc. (NYSE American: UUU), formerly known as Universal Security Instruments, Inc., is a specialized provider of safety and security solutions. Established in 1969, the company has over five decades of experience in developing and distributing essential safety products. Headquartered in Owings Mills, Maryland, the company operates primarily in the United States and internationally, catering to both residential and commercial sectors.
The company's product portfolio is diverse, featuring a range of safety alarms powered by replaceable or sealed batteries, as well as models with battery backup. Key products include smoke alarms, including units designed for the hearing impaired and heat detection, carbon monoxide detectors, door chimes, ventilation systems, ground fault circuit interrupters (GFCIs), and other electrical devices. These products are marketed under the well-known UNIVERSAL and USI Electric brands, which are recognized for reliability and ease of installation.
Distribution channels are extensive, encompassing wholesale partners, major retailers such as chain stores, discount outlets, and television retailers, home improvement centers, catalog and mail-order businesses, electrical and lighting suppliers, and companies specializing in manufactured housing. The company also leverages independent sales organizations, direct sales representatives, and its own promotional materials and online platform to reach customers.
Financially, the company has a market capitalization of approximately $8.5 million, with a stock price around $3.56 USD. The firm employs a lean team of 7 full-time employees, indicating a streamlined operation. Key financial metrics reveal a challenging period, with negative profit margins and returns, yet the company maintains a strong liquidity position with a current ratio of 3.55 and a quick ratio of 3.258. The company has minimal debt, with a debt-to-equity ratio of 0.186, and generates positive operating cash flow, though free cash flow is modest.
Leadership is provided by CEO Harvey Grossblatt, who has been instrumental in guiding the company. In October 2024, Universal Safety Products was acquired by Feit Electric, a significant development that may impact future operations and strategy. Despite recent financial headwinds, the company remains committed to its mission of delivering reliable, accessible safety solutions to protect homes and businesses. The company's heritage, established distribution network, and focus on essential safety products position it as a niche player in the security and protection services industry.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$4.8M
-79.4%
-54.4%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-2.5M
-596.5%
+34.4%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+16.6%
-42.8%
+127.5%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
-96.0%
-5727.1%
-60.4%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
-51.3%
-2513.5%
-43.9%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$536185
+151.1%
+5.9%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
+11.1%
+348.6%
-106.4%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
18.6%
-54.6%
+10.4%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
3.55x
+68.3%
-4.4%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.
