LGL GROUP INC

The LGL Group, Inc. (NYSE American: LGL) is a diversified holding company engaged in manufacturing, services, and merchant investment activities. The company maintains its operations through two primary business segments: Electronic Instruments and Merchant Investment. The company's website is www.lglgroup.com.

The Electronic Instruments segment operates through Precise Time and Frequency, LLC, a globally positioned manufacturer of industrial electronic instruments headquartered in Wakefield, Massachusetts. PTF designs and manufactures high-performance frequency and time reference standards used for timing and synchronization across satellite communications, network systems, electricity distribution, broadcasting, and metrology applications. The company's comprehensive product portfolio includes quartz frequency standards, GPS and global navigation system disciplined frequency and time standards, rubidium atomic frequency standards, RF and digital distribution amplifiers, time code generators, redundancy auto switches, and network time protocol servers. PTF serves original equipment manufacturers, systems integrators, and end customers through a combination of direct sales and franchised representative networks. In 2025, the Electronic Instruments segment generated approximately $2.5 million in revenue, with international sales representing 36.6 percent of total sales.

The Merchant Investment segment comprises various investment vehicles in which LGL Group holds shareholder, partner, or general partner interests. This segment invests capital in undervalued assets and businesses, seeking to enhance returns through management and operational improvements. The company maintains approximately $41.6 million in cash, cash equivalents, and marketable securities as of December 31, 2025, with $25.7 million allocated to the Merchant Investment business.

LGL Group has a storied corporate history spanning nearly a century. The company traces its origins to Lynch Corporation, incorporated in 1928, and has executed a disciplined acquisition and divestiture strategy since 1985, acquiring 32 businesses and completing three significant spinoffs. Most notably, the company completed the tax-free spinoff of M-tron Industries, Inc. in October 2022, establishing MtronPTI as an independent publicly traded company. The company employs approximately eight full-time employees across its operations in Massachusetts, Florida, and Connecticut, with no unionized workforce.