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COMPX REPORTS SECOND QUARTER 2025 RESULTS

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CompX International (NYSE American: CIX) reported strong financial results for Q2 2025, with net sales increasing to $40.3 million, up from $35.9 million in Q2 2024. The company achieved notable growth with operating income reaching $6.3 million, compared to $5.1 million in the same period last year.

Net income rose to $5.5 million ($0.44 per share) in Q2 2025, up from $4.9 million ($0.39 per share) in Q2 2024. The growth was primarily driven by higher Security Products sales to the government security market and increased Marine Components sales to government and towboat markets. For the first half of 2025, the company reported net sales of $80.6 million and net income of $10.6 million ($0.86 per share).

CompX International (NYSE American: CIX) ha annunciato risultati finanziari solidi per il secondo trimestre del 2025, con vendite nette in aumento a 40,3 milioni di dollari, rispetto ai 35,9 milioni di dollari del secondo trimestre 2024. L'azienda ha registrato una crescita significativa con un reddito operativo che ha raggiunto 6,3 milioni di dollari, rispetto ai 5,1 milioni dello stesso periodo dell'anno precedente.

L'utile netto è salito a 5,5 milioni di dollari (0,44 dollari per azione) nel secondo trimestre 2025, rispetto ai 4,9 milioni di dollari (0,39 dollari per azione) del secondo trimestre 2024. La crescita è stata principalmente guidata dall’aumento delle vendite di prodotti per la sicurezza al mercato governativo e dalle maggiori vendite di componenti marini ai mercati governativi e delle chiatte da traino. Nel primo semestre del 2025, la società ha riportato vendite nette per 80,6 milioni di dollari e un utile netto di 10,6 milioni di dollari (0,86 dollari per azione).

CompX International (NYSE American: CIX) reportó sólidos resultados financieros para el segundo trimestre de 2025, con ventas netas que aumentaron a 40,3 millones de dólares, frente a los 35,9 millones del segundo trimestre de 2024. La empresa logró un crecimiento notable con un ingreso operativo que alcanzó 6,3 millones de dólares, en comparación con los 5,1 millones del mismo período del año anterior.

El ingreso neto subió a 5,5 millones de dólares (0,44 dólares por acción) en el segundo trimestre de 2025, frente a los 4,9 millones (0,39 dólares por acción) del segundo trimestre de 2024. El crecimiento se debió principalmente a mayores ventas de productos de seguridad al mercado gubernamental y al aumento de ventas de componentes marinos a los mercados gubernamentales y de remolcadores. En el primer semestre de 2025, la compañía reportó ventas netas de 80,6 millones de dólares y un ingreso neto de 10,6 millones de dólares (0,86 dólares por acción).

CompX International (NYSE American: CIX)는 2025년 2분기 강력한 재무 실적을 보고했으며, 순매출이 2024년 2분기 3,590만 달러에서 4,030만 달러로 증가했습니다. 회사는 영업이익이 630만 달러로, 전년 동기 510만 달러 대비 눈에 띄는 성장을 이루었습니다.

순이익은 2025년 2분기 550만 달러(주당 0.44달러)로, 2024년 2분기 490만 달러(주당 0.39달러)에서 상승했습니다. 이러한 성장은 주로 정부 보안 시장에 대한 보안 제품 판매 증가와 정부 및 예인선 시장에 대한 해양 부품 판매 증가에 기인합니다. 2025년 상반기에는 순매출 8,060만 달러와 순이익 1,060만 달러(주당 0.86달러)를 기록했습니다.

CompX International (NYSE American : CIX) a annoncé de solides résultats financiers pour le deuxième trimestre 2025, avec un chiffre d'affaires net en hausse à 40,3 millions de dollars, contre 35,9 millions au deuxième trimestre 2024. L'entreprise a enregistré une croissance notable avec un résultat d'exploitation atteignant 6,3 millions de dollars, contre 5,1 millions pour la même période l'année précédente.

Le bénéfice net a augmenté à 5,5 millions de dollars (0,44 dollar par action) au deuxième trimestre 2025, contre 4,9 millions (0,39 dollar par action) au deuxième trimestre 2024. Cette croissance a été principalement portée par une hausse des ventes de produits de sécurité au marché gouvernemental et une augmentation des ventes de composants marins aux marchés gouvernementaux et des remorqueurs. Pour le premier semestre 2025, la société a déclaré un chiffre d'affaires net de 80,6 millions de dollars et un bénéfice net de 10,6 millions de dollars (0,86 dollar par action).

CompX International (NYSE American: CIX) meldete starke Finanzergebnisse für das zweite Quartal 2025 mit einem Nettoumsatzanstieg auf 40,3 Millionen US-Dollar, gegenüber 35,9 Millionen US-Dollar im zweiten Quartal 2024. Das Unternehmen erzielte ein bemerkenswertes Wachstum mit einem Betriebsergebnis von 6,3 Millionen US-Dollar, verglichen mit 5,1 Millionen US-Dollar im gleichen Zeitraum des Vorjahres.

Der Nettogewinn stieg im zweiten Quartal 2025 auf 5,5 Millionen US-Dollar (0,44 US-Dollar pro Aktie), gegenüber 4,9 Millionen US-Dollar (0,39 US-Dollar pro Aktie) im zweiten Quartal 2024. Das Wachstum wurde hauptsächlich durch höhere Verkäufe von Sicherheitsprodukten an den staatlichen Sicherheitsmarkt und gesteigerte Verkäufe von Marinekomponenten an Regierungs- und Schleppermärkte angetrieben. Für die erste Hälfte des Jahres 2025 meldete das Unternehmen einen Nettoumsatz von 80,6 Millionen US-Dollar und einen Nettogewinn von 10,6 Millionen US-Dollar (0,86 US-Dollar pro Aktie).

Positive
  • Net sales increased by 12.3% year-over-year in Q2 2025
  • Operating income grew by 23.5% to $6.3 million in Q2 2025
  • Net income per share improved to $0.44 from $0.39 year-over-year
  • Gross margin improved in both Security Products and Marine Components segments
  • Strong performance in government security and towboat markets
Negative
  • Selling, general and administrative expenses increased by 10% to $6.6 million
  • Interest income declined by 30.8% to $0.9 million in Q2 2025
  • Cost of sales rose by 10.5% to $27.4 million

Insights

CompX reports strong Q2 2025 with 12.3% revenue growth and 22.4% operating income growth, driven by government contracts.

CompX International's Q2 2025 results show solid growth across all key metrics. Revenue increased 12.3% to $40.3 million compared to $35.9 million in Q2 2024. This growth was primarily driven by higher Security Products sales to the government security market and increased Marine Components sales to government and towboat segments.

The company's profitability metrics showed even stronger improvement. Operating income jumped 23.5% to $6.3 million from $5.1 million in the year-ago quarter. Net income rose to $5.5 million ($0.44 per share), representing a 12.2% increase from $4.9 million ($0.39 per share) in Q2 2024.

The half-year results further confirm this positive trajectory, with six-month revenue up 9.1% to $80.6 million and operating income showing an impressive 38.6% increase to $12.2 million. Net income for H1 2025 reached $10.6 million ($0.86 per share), up 23.3% from $8.6 million ($0.70 per share) in H1 2024.

The margin improvement is particularly noteworthy. Gross margin expanded to 32.0% in Q2 2025 from 30.9% in Q2 2024, indicating improved operational efficiency and pricing power. This expansion occurred despite higher raw material costs mentioned in the risk factors, suggesting effective cost management or successful price increases.

CompX's increasing reliance on government contracts across both business segments appears to be a strategic positive, providing revenue stability and growth. With approximately 570 employees across three U.S. locations, the company maintains a lean operational structure while manufacturing security products and marine components for specialized markets.

Dallas, Texas, Aug. 05, 2025 (GLOBE NEWSWIRE) -- CompX International Inc. (NYSE American: CIX) announced today net sales of $40.3 million for the second quarter of 2025 compared to $35.9 million in the same period of 2024. Operating income was $6.3 million in the second quarter of 2025 compared to $5.1 million in the same period of 2024. Net income was $5.5 million, or $.44 per basic and diluted common share, for the second quarter of 2025 compared to $4.9 million, or $.39 per basic and diluted common share, in the same period of 2024.

For the six months ended June 30, 2025, net sales were $80.6 million compared to $73.9 million in the previous year. Operating income was $12.2 million for the first six months of 2025 compared to $8.8 million for the same period in 2024. Net income for the six months ended June 30, 2025, was $10.6 million, or $.86 per basic and diluted common share, compared to $8.6 million, or $.70 per basic and diluted common share, for the same period in 2024.

Second quarter and year-to-date 2025 net sales increased over the comparable 2024 periods due to higher Security Products sales primarily to the government security market and higher Marine Components sales to the government and towboat markets. Operating income increased in the second quarter and for the first six months of 2025 compared to the same periods in 2024 due to higher sales and gross margin at each of the Security Products and Marine Components segments.

CompX is a leading manufacturer of security products and recreational marine components. It operates from three locations in the U.S. and employs approximately 570 people.

Forward-Looking Statements

The statements in this press release relating to matters that are not historical facts are forward-looking statements that represent management’s belief and assumptions based on currently available information. Although we believe the expectations reflected in such forward-looking statements are reasonable, we cannot give any assurances that these expectations will be correct. Such statements, by their nature, involve substantial risks and uncertainties that could significantly impact expected results, and actual future results could differ materially from those predicted. While it is not possible to identify all factors, we continue to face many risks and uncertainties.

The factors that could cause our actual future results to differ materially include, but are not limited to, the following:

  • Future supply and demand for our products;
  • Changes in our raw material and other operating costs (such as zinc, brass, aluminum, steel and energy costs), including as a result of additional or changed tariffs on imported raw materials, and our ability to pass those costs on to our customers or offset them with reductions in other operating costs;
  • Price and product competition from low-cost manufacturing sources (such as China);
  • The impact of pricing and production decisions;
  • Customer and competitor strategies including substitute products;
  • Uncertainties associated with new product development and the development of new product features;
  • Pending or possible future litigation (such as litigation related to our use of certain permitted chemicals in our production process) or other actions;
  • Our ability to protect or defend our intellectual property rights;
  • Potential difficulties in integrating future acquisitions;
  • Decisions to sell operating assets other than in the ordinary course of business;
  • Environmental matters (such as those requiring emission and discharge standards for existing and new facilities);
  • The ultimate outcome of income tax audits, tax settlement initiatives or other tax matters, including future tax reform;
  • Government laws and regulations and possible changes therein including new environmental, health and safety, sustainability or other regulations;
  • General global economic and political conditions that disrupt our supply chain, reduce demand or perceived demand for component products or impair our ability to operate our facilities (including changes in the level of gross domestic product in various regions of the world, natural disasters, terrorist acts, global conflicts and public health crises);
  • Operating interruptions (including, but not limited to, labor disputes, leaks, natural disasters, fires, explosions, unscheduled or unplanned downtime, transportation interruptions, certain regional and world events or economic conditions and public health crises);
  • The introduction of new, or changes in existing, tariffs, trade barriers or trade disputes (including tariffs imposed by the U.S. government on imports from China and Mexico);
  • Technology related disruptions (including, but not limited to, cyber attacks; software implementation, upgrades or improvements; technology processing failures; or other events) related to our technology infrastructure that could impact our ability to continue operations, or at key vendors which could impact our supply chain, or at key customers which could impact their operations and cause them to curtail or pause orders; and
  • Possible disruption of our business or increases in the cost of doing business resulting from terrorist activities or global conflicts.


Should one or more of these risks materialize (or the consequences of such development worsen), or should the underlying assumptions prove incorrect, actual results could differ materially from those currently forecasted or expected. We disclaim any intention or obligation to update or revise any forward-looking statement whether as a result of changes in information, future events or otherwise.

Investor Relations Contact

Bryan A. Hanley
Senior Vice President and Treasurer
Tel. 972-233-1700

* * * * *

COMPX INTERNATIONAL INC.
SUMMARY OF CONSOLIDATED OPERATIONS
(In millions, except per share amounts)

            
 Three months ended    Six months ended
 June 30, June 30,
 2024    2025    2024    2025
 (unaudited)
Net sales$ 35.9 $ 40.3 $ 73.9 $ 80.6
Cost of sales  24.8   27.4   53.1   55.5
Gross margin  11.1   12.9   20.8   25.1
Selling, general and administrative expense  6.0   6.6   12.0   12.9
Operating income  5.1   6.3   8.8   12.2
Interest income  1.3   .9   2.5   1.7
Income before income taxes  6.4   7.2   11.3   13.9
Income tax expense  1.5   1.7   2.7   3.3
Net income$ 4.9 $ 5.5 $ 8.6 $ 10.6
            
Basic and diluted net income per common share$ .39 $ .44 $ .70 $ .86
Weighted average diluted common shares outstanding  12.3   12.3   12.3   12.3

FAQ

What were CompX International's (CIX) Q2 2025 earnings per share?

CompX International reported earnings of $0.44 per basic and diluted share for Q2 2025, compared to $0.39 per share in Q2 2024.

How much revenue did CompX (CIX) generate in Q2 2025?

CompX generated net sales of $40.3 million in Q2 2025, an increase from $35.9 million in Q2 2024.

What drove CompX's (CIX) sales growth in Q2 2025?

The growth was driven by higher Security Products sales to the government security market and increased Marine Components sales to the government and towboat markets.

What was CompX's (CIX) operating income for the first half of 2025?

CompX reported operating income of $12.2 million for the first half of 2025, compared to $8.8 million in the same period of 2024.

How many employees does CompX International have?

CompX operates from three locations in the U.S. and employs approximately 570 people.
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