ADM Tronics Reports Fiscal Year 2026
Rhea-AI Summary
ADM Tronics (OTCQB:ADMT) reported results for the fiscal year ended March 31, 2026, with net revenues of $3,347,082, up about 5% from $3,197,110 in fiscal 2025. Gross profit was $1,355,424 (approximately 41% margin) versus $1,395,660 (about 43%) a year earlier.
Total operating expenses rose 2% to $1,514,521, resulting in a loss from operations of $159,097 compared with a $94,024 operating loss in the prior year. Net loss narrowed to $100,374 from $123,056, aided by $60,223 in other income.
According to ADM Tronics, revenue growth was driven by a $311,916 increase in electronic medical device sales and a $72,876 rise in chemical segment revenue, partially offset by a $234,820 decline in engineering services. The company advanced its human Sonotron pain-treatment device and commercially launched the veterinary Vet-Sonotron platform.
ADM Tronics also secured ISO 13485 recertification on April 6, 2026 under the FDA’s new QMSR framework, supporting future proprietary and contract medical device development.
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Positive
- Net revenues +5% to $3,347,082 for fiscal 2026
- Net loss reduced to $100,374, about 19% lower year over year
- Electronic medical device revenue up $311,916; chemical revenue up $72,876
- ISO 13485 recertification achieved April 6, 2026 under new FDA QMSR
- Vet-Sonotron veterinary pulsed radio frequency device commercially launched
- R&D spending increased to $544,971 from $517,275
Negative
- Gross margin declined to ~41% from ~43% year over year
- Operating loss widened to $159,097 from $94,024
- Engineering services revenue declined by $234,820
- Company remains unprofitable with a $100,374 net loss
NORTHVALE, NJ / ACCESS Newswire / July 10, 2026 / ADM Tronics Unlimited, Inc. (OTCQB:ADMT), a technology-based developer and manufacturer of innovative technologies, products, and proprietary medical devices, announces results for fiscal year ended March 31, 2026.
During the fiscal year ended March 31, 2026, ADM Tronics continued to advance the development of the human medical version of its proprietary Sonotron® technology. This initiative targets one of healthcare's largest unmet needs-the effective treatment of pain without the use of drugs or opioids. With increasing demand for non-invasive, non-pharmaceutical pain management solutions, the Company believes the Sonotron® platform has the potential to address a significant and growing market opportunity. Upon completion of development, ADM Tronics intends to pursue FDA 510(k) clearance for commercialization in the human healthcare market.
The Company achieved a major regulatory milestone during the year. On February 2, 2026, the U.S. Food and Drug Administration implemented the new Quality Management System Regulation (QMSR), aligning medical device quality system requirements with the internationally recognized ISO 13485:2016 standard. In anticipation of these changes, ADM Tronics undertook a comprehensive review and enhancement of its quality management systems and successfully achieved ISO 13485 recertification on April 6, 2026. This accomplishment reinforces the Company's commitment to regulatory excellence and positions it to efficiently support future medical device development and commercialization initiatives for its proprietary medical devices as well as for its contract medical device engineering, regulatory and manufacturing services segment.
As previously reported, ADM Tronics commercially launched the Vet-Sonotron®, the professional veterinary version of its proprietary and patented pulsed radio frequency therapy technology. Designed to provide veterinarians with a non-invasive treatment option for pain management, rehabilitation, and healing, the Vet-Sonotron® addresses growing demand within both companion animal and equine healthcare markets. The Company is pursuing distribution partnerships to address market introduction.
These accomplishments reflect ADM Tronics' continued focus on innovation, regulatory readiness, and the commercialization of proprietary technologies that the Company believes have the potential to create significant long-term value for shareholders.
Revenues for fiscal year ended March 31, 2026 increased approximately
Revenues for the fiscal year ended March 31, 2026, were
Complete financial results are available in the Company's Annual Report on Form 10K at www.sec.gov.
Financial Highlights
Fiscal Year Ended | Fiscal Year Ended | |||||||
March 31, 2026 | March 31, 2025 | |||||||
Net revenues | $ | 3,347,082 | $ | 3,197,110 | ||||
Cost of sales | $ | 1,991,658 | $ | 1,801,450 | ||||
Gross Profit | $ | 1,355,424 | $ | 1,395,660 | ||||
Total operating expenses | $ | 1,514,521 | $ | 1,489,684 | ||||
Loss from operations | $ | (159,097 | ) | $ | (94,024 | ) | ||
Total other income (expense) | $ | 60,223 | $ | (27,532 | ) | |||
Loss before provision for taxes | $ | (98,874 | ) | $ | (121,556 | ) | ||
Total benefit (provision) from income taxes | $ | 1,500 | $ | 1,500 | ||||
Net loss | $ | (100,374 | ) | $ | (123,056 | ) | ||
Basic and diluted earnings (loss) per common share: | $ | (0.00 | ) | $ | (0.00 | ) | ||
Weighted average shares of common stock outstanding - basic and diluted | 67,588,492 | 67,588,492 | ||||||
About ADMT
ADMT is a diversified, technology-based developer and manufacturer of innovative technologies and products. Its core competency is its ability to conceptualize a technology, bring it through development, into manufacturing and commercialization, all in-house. ADMT has three areas of activity: Proprietary Medical Devices; Medical Device Design, Engineering, Regulatory and Manufacturing Services; and Eco-Friendly, Water-Based Formulations. The Company's headquarters, laboratories, FDA-Registered and ISO 13485 Certified medical device and manufacturing operations are in Northvale, NJ. ADMT's multi-disciplinary team of engineers, researchers and technologists utilize advanced technology infrastructure for research, development and commercialization of diversified technologies.
ADMT welcomes inquiries for its electronics and medical device development and manufacturing services at www.admtronics.com.
To receive ADMT email updates, complete form at https://admtronics.com/investor-relations/
Sonotron® - a registered trademark of ADM Tronics Unlimited, Inc.
Except for historical information contained herein, the matters set forth in this news release are "forward looking" statements (as defined in the Private Securities Litigation Reform Act of 1995), including statements regarding future revenue growth and performance. Although ADMT believes the expectations reflected in such forward looking statements are based upon reasonable assumptions, there can be no assurance that its expectations will be realized. Forward looking statements involve risks and uncertainties that could cause actual results to differ materially from expectations. Factors that could contribute to such differences include those described from time to time in ADMT's SEC filings, news releases and other communications. The Company assumes no obligation to update information contained in this news release.
Contact Information:
Andre DiMino
+12017676040
andre@admtronics.com
SOURCE: ADM Tronics Unlimited Inc.
View the original press release on ACCESS Newswire