Sci Engineered Stock Price, News & Analysis

SCI Engineered Materials (OTCQB:SCIA) announced that its Board authorized a share repurchase program to buy up to $1.0 million of common stock. The program is authorized for one year beginning December 1, 2025, with purchases to be made consistent with SEC Rule 10b-18 and potentially via block trades. Shareholders wishing to participate are instructed to contact the company's agent, Caldwell Sutter Capital, beginning December 1, 2025.

SCI Engineered Materials (OTCQB: SCIA) reported Q3 2025 and YTD results. Q3 revenue rose 36% to $5.29M vs $3.88M a year ago, and Q3 net income increased 42% to $510,279.

For the nine months ended Sept 30, 2025, revenue was $12.40M (down 30% YoY) and net income was $1.18M (down 17% YoY). Cash and cash equivalents totaled $9.48M (up 40% since Dec 31, 2024) and investments were $3.30M. Order backlog grew to $5.8M at Sept 30, 2025, versus $3.4M at June 30, 2025. Total assets were $20.45M and shareholders' equity was $14.12M at Sept 30, 2025.

SCI Engineered Materials (OTCQB:SCIA), a global supplier of advanced materials for physical vapor deposition thin film applications, announced that CFO Gerald "Jerry" Blaskie will retire on April 1, 2026. During his 24-year tenure, Blaskie has been instrumental in the company's financial management and operations, serving as Vice President, CFO, Treasurer, and Assistant Secretary.

CEO Jeremy Young emphasized Blaskie's significant contributions to SCI's growth and profitability, highlighting the establishment of sound financial systems and controls. The company plans to conduct a thorough search process to ensure a successor is in place before Blaskie's departure.

SCI Engineered Materials (OTCQB:SCIA) reported its Q2 2025 financial results, showing mixed performance amid challenging market conditions. Revenue decreased to $3.6M in Q2 2025 from $5.5M in Q2 2024, while net income declined to $364,459 ($0.08 per share) from $526,506 ($0.12 per share).

The company launched two new products in Q2 2025: an indium tin oxide product for domestic manufacturing and a patented rotatable target. Order backlog increased to $3.4M as of June 30, 2025, up from $2.9M year-over-year. The company maintains a strong financial position with $8.0M in cash and no debt, while gross margin improved despite lower volumes.

SCI Engineered Materials (OTCQB:SCIA) reported its Q1 2025 financial results, showing a significant revenue decline to $3.5 million from $8.4 million in Q1 2024. Net income decreased to $309,717 ($0.07 per share) compared to $545,324 ($0.12 per share) year-over-year. Despite lower revenues, the company maintained a strong financial position with $7.3 million in cash and no debt. The quarter saw the introduction of an innovative indium tin oxide product and increased interest in domestic manufacturing capabilities following global tariff announcements. Order backlog remained stable at $2.5 million. The company's gross profit declined 24% to $1.07 million, while operating expenses decreased 3% to $770,275.

SCI Engineered Materials (SCIA) reported its financial results for Q4 and full-year 2024. Annual revenue decreased to $22.87 million from $27.98 million in 2023, primarily due to lower raw material costs and slight volume decrease. Net income for 2024 was $1.86 million ($0.41 per diluted share), compared to $2.19 million ($0.48 per diluted share) in 2023.

The company's gross profit slightly decreased to $5.07 million in 2024 from $5.25 million in 2023. Operating expenses increased 10% to $3.02 million. Cash position strengthened with cash and cash equivalents reaching $6.75 million, up 19% from previous year. The company maintained zero debt as of December 31, 2024, and reported an order backlog of $2.5 million.

Management highlighted ongoing implementation of growth strategies including digital marketing campaigns, trade show participation, and plans to launch new products in 2025.

SCI Engineered Materials (SCIA) reported its Q3 and YTD 2024 financial results. Despite stable order volume, Q3 revenue decreased to $3.88M from $7.7M year-over-year, primarily due to lower raw material costs. YTD revenue was $17.82M compared to $20.95M in 2023. Net income for Q3 2024 was $360,578 ($0.08 per share), down from $578,784 ($0.13 per share) in Q3 2023. The company maintained a strong financial position with $7.66M in cash and equivalents plus $2M in marketable securities, with no debt outstanding as of September 30, 2024.

SCI Engineered Materials, Inc. (OTCQB:SCIA) reported record revenue and net income for the first half of 2024. Key highlights include:

- Revenue for H1 2024: $13,935,805, up from $13,254,837 in H1 2023
- Net income for H1 2024: $1,071,830, increased from $1,049,379 in H1 2023
- Earnings per share for H1 2024: $0.24, up from $0.23 in H1 2023
- Q2 2024 revenue: $5,532,710, down from $7,457,690 in Q2 2023
- Q2 2024 net income: $526,506, up from $511,359 in Q2 2023
- Cash and cash equivalents: $6,192,476 as of June 30, 2024

The company experienced slower economic activity recently but remains focused on profitability and strategic growth initiatives. Gross profit increased despite lower Q2 revenue, primarily due to product mix.

SCI Engineered Materials announced a five-year manufacturing agreement with Battle Sight Technologies to produce ColdFIRE® powder for defense applications. ColdFIRE® is a photoluminescent powder that provides a bright infrared glow for over 12 hours and is used in coatings, films, and other materials for tactical equipment. It requires no batteries or electronics, recharges quickly, and does not alter original form factors. This agreement is expected to enhance SCI's presence in the defense industry, utilizing existing equipment and capabilities to support safety and first responder applications.