Research from Atrium Research, Atrium Research Corporation

Atrium Research

Atrium Research provides institutional quality issuer paid research on public equities in North America. Our investment philosophy takes a 3-5 year view on equities currently being overlooked by the market. Our research process emphasizes understanding the key performance metrics for each specific company, trustworthy management teams, unit economics, and an in-depth valuation analysis.

Our research product includes in-depth initiation reports, research notes, thematic research pieces, and company fact sheets.

Research from Atrium Research

Atrium Research Corporation

Atrium Research provides institutional quality issuer paid research on public equities in North America. Our investment philosophy takes a 3-5 year view on equities currently being overlooked by the market. Our research process emphasizes understanding the key performance metrics for each specific company, trustworthy management teams, unit economics, and an in-depth valuation analysis. 

Our research product includes in-depth initiation reports, research notes, thematic research pieces, and company fact sheets.

Equity Bottom-Up

<ul>
<li>IEHC reported its annual financial results, including FY26 revenue of $29.4M (+2% YoY) vs. our estimate of $29.2M and Q4 revenue of $8.5M (+20% YoY) vs. our estimate of $8.3M.</li>
<li>Adjusted EBITDA came in at ($0.9M) for the year vs. our ($1.5M) and $0.2M for the quarter vs. our ($0.5M).</li>
<li>Backlog at quarter end was $27.8M (+123% YoY, +51% QoQ) but was reported to be nearly $40M as of June 1st.</li>
</ul>


IEHC reported its annual financial results, including FY26 revenue of $29.4M (+2% YoY) vs. our estimate of $29.2M and Q4 revenue of $8.5M (+20% YoY) vs. our estimate of $8.3M.
Adjusted EBITDA came in at ($0.9M) for the year vs. our ($1.5M) and $0.2M for the quarter vs. our ($0.5M).
Backlog at quarter end was $27.8M (+123% YoY, +51% QoQ) but was reported to be nearly $40M as of June 1st.


IEHC: FY26 Financials Beat Expectations; Backlog Growing Strong

IEH Corp

IEHC: FY26 Financials Beat Expectations; Backlog Growing Strong