Company Omega Flex, Inc.

Equities

OFLX

US6820951043

Industrial Machinery & Equipment

Market Closed - Nasdaq 21:00:00 26/04/2024 BST 5-day change 1st Jan Change
66.85 USD -1.09% Intraday chart for Omega Flex, Inc. -0.22% -5.19%

Business Summary

Omega Flex, Inc. is a manufacturer of flexible metal hoses. The Company’s flexible metal hose is used in a variety of applications to carry gases and liquids within their particular applications. These applications include carrying fuel gases within residential and commercial buildings; gasoline and diesel gasoline products (both above and below the ground) in a double containment piping to contain any possible leaks, which is used in automotive and marina refueling, and fueling for back-up generation; and medical gases in health care facilities. The Company's flexible gas piping products are sold under TracPipe and CounterStrike trademarks. Its products also include MediTrac corrugated medical gas tubing, DoubleTrac double-containment piping, and DEF-Trac flexible piping. The Company primarily sells its products through distributors, wholesalers and to original equipment manufacturers (OEMs) throughout North America and Europe, and other global markets.

Number of employees: 168

Sales per Business

USD in Million2022Weight2023Weight Delta
Flexible Metal Hose and Accessories
100.0 %
125 100.0 % 111 100.0 % -11.17%

Sales per region

USD in Million2022Weight2023Weight Delta
North America
96.0 %
119 95.0 % 107 96.0 % -10.24%
International
4.0 %
6 5.0 % 4 4.0 % -28.94%

Managers

Managers TitleAgeSince
Chief Executive Officer 54 -
Director of Finance/CFO 57 30/06/15
President 57 -
Chairman 76 31/12/95
General Counsel 57 31/05/22
Comptroller/Controller/Auditor - -
Corporate Officer/Principal 72 31/12/83

Members of the board

Members of the board TitleAgeSince
Director/Board Member 77 30/01/19
Director/Board Member 69 31/12/95
Chairman 76 31/12/95
Director/Board Member 76 31/12/04
Director/Board Member 72 02/04/09
President 57 -
Chief Executive Officer 54 -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 10,153,633 3,322,533 ( 32.72 %) 59,311 ( 0.5841 %) 32.72 %

Shareholders

NameEquities%Valuation
2,998,779 29.71 % 213 M $
Estate of John E Reed
26.49 %
2,673,899 26.49 % 190 M $
Kayne Anderson Rudnick Investment Management LLC
10.68 %
1,077,960 10.68 % 76 M $
900,844 8.924 % 64 M $
LB Hercules Holdings LLC
4.449 %
449,104 4.449 % 32 M $
BlackRock Advisors LLC
3.855 %
389,161 3.855 % 28 M $
Conestoga Capital Advisors LLC
2.953 %
298,057 2.953 % 21 M $
Dimensional Fund Advisors LP
2.532 %
255,598 2.532 % 18 M $
Principle Wealth Partners LLC
1.905 %
192,275 1.905 % 14 M $
192,275 1.905 % 14 M $

Company contact information

Omega Flex, Inc.

451 Creamery Way

19341-2504, Exton

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http://www.omegaflexcorp.com
address Omega Flex, Inc.(OFLX)
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