SCI Engineered Materials, Inc. Reports 2025 Second Quarter and Year-to-Date Results
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) ha comunicato i risultati finanziari del secondo trimestre 2025, evidenziando una performance mista in un contesto di mercato difficile. Il fatturato è diminuito a 3,6 milioni di dollari nel Q2 2025 rispetto a 5,5 milioni nel Q2 2024, mentre l'utile netto è sceso a 364.459 dollari (0,08 dollari per azione) da 526.506 dollari (0,12 dollari per azione).
Durante il Q2 2025, l'azienda ha lanciato due nuovi prodotti: un prodotto a base di ossido di indio-stagno per la produzione domestica e un target rotabile brevettato. L'ordine arretrato è aumentato a 3,4 milioni di dollari al 30 giugno 2025, rispetto ai 2,9 milioni dell'anno precedente. L'azienda mantiene una solida posizione finanziaria con 8,0 milioni di dollari in contanti e nessun debito, mentre il margine lordo è migliorato nonostante i volumi inferiori.
SCI Engineered Materials (OTCQB:SCIA) informó sus resultados financieros del segundo trimestre de 2025, mostrando un desempeño mixto en medio de condiciones de mercado desafiantes. Los ingresos disminuyeron a 3.6 millones de dólares en el Q2 2025 desde 5.5 millones en el Q2 2024, mientras que el ingreso neto bajó a 364,459 dólares (0.08 dólares por acción) desde 526,506 dólares (0.12 dólares por acción).
La compañía lanzó dos nuevos productos en el Q2 2025: un producto de óxido de indio y estaño para fabricación doméstica y un objetivo rotatorio patentado. La cartera de pedidos aumentó a 3.4 millones de dólares al 30 de junio de 2025, frente a 2.9 millones del año anterior. La empresa mantiene una posición financiera sólida con 8.0 millones de dólares en efectivo y sin deudas, mientras que el margen bruto mejoró a pesar de los menores volúmenes.
SCI Engineered Materials (OTCQB:SCIA)는 2025년 2분기 재무 실적을 발표하며 어려운 시장 상황 속에서 혼조된 성과를 보였습니다. 매출은 2024년 2분기 550만 달러에서 2025년 2분기 360만 달러로 감소했으며, 순이익은 526,506달러(주당 0.12달러)에서 364,459달러(주당 0.08달러)로 줄었습니다.
회사는 2025년 2분기에 두 가지 신제품을 출시했습니다: 국내 제조용 인듐 주석 산화물 제품과 특허받은 회전 가능한 타겟입니다. 2025년 6월 30일 기준 주문 잔고는 전년 동기 290만 달러에서 340만 달러로 증가했습니다. 회사는 800만 달러의 현금과 무부채 상태로 강력한 재무 상태를 유지하며, 판매량 감소에도 불구하고 총 마진이 개선되었습니다.
SCI Engineered Materials (OTCQB:SCIA) a publié ses résultats financiers du deuxième trimestre 2025, affichant une performance mitigée dans un contexte de marché difficile. Le chiffre d'affaires a diminué à 3,6 millions de dollars au T2 2025 contre 5,5 millions au T2 2024, tandis que le bénéfice net est passé à 364 459 dollars (0,08 dollar par action) contre 526 506 dollars (0,12 dollar par action).
L'entreprise a lancé deux nouveaux produits au T2 2025 : un produit à base d'oxyde d'indium-étain pour la fabrication locale et une cible rotative brevetée. Le carnet de commandes a augmenté à 3,4 millions de dollars au 30 juin 2025, contre 2,9 millions un an plus tôt. La société maintient une solide position financière avec 8,0 millions de dollars en liquidités et aucune dette, tandis que la marge brute s'est améliorée malgré des volumes plus faibles.
SCI Engineered Materials (OTCQB:SCIA) berichtete über seine Finanzergebnisse für das zweite Quartal 2025 und zeigte dabei eine gemischte Leistung angesichts herausfordernder Marktbedingungen. Der Umsatz sank von 5,5 Mio. USD im Q2 2024 auf 3,6 Mio. USD im Q2 2025, während der Nettogewinn von 526.506 USD (0,12 USD je Aktie) auf 364.459 USD (0,08 USD je Aktie) zurückging.
Das Unternehmen brachte im Q2 2025 zwei neue Produkte auf den Markt: ein Indium-Zinn-Oxid-Produkt für die heimische Fertigung und ein patentiertes drehbares Target. Der Auftragsbestand stieg zum 30. Juni 2025 auf 3,4 Mio. USD, gegenüber 2,9 Mio. USD im Vorjahreszeitraum. Das Unternehmen verfügt über eine starke finanzielle Position mit 8,0 Mio. USD in bar und keiner Verschuldung, während die Bruttomarge trotz geringerer Volumina verbessert wurde.
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COLUMBUS, OH / ACCESS Newswire / August 1, 2025 / SCI Engineered Materials, Inc. ("SCI" or "Company") (OTCQB:SCIA), today reported financial results for the three months and six months ended June 30, 2025.
Jeremy Young, President and Chief Executive Officer, said "We continued to address weak market conditions during the second quarter and adapted to those challenges by focusing on areas of our business we can control. As a result, gross margin improved and operating expenses were similar for the first six months and second quarter of 2025 compared to the same periods last year."
Mr. Young added, "Two new products were launched in the second quarter of 2025, including an indium tin oxide product that offers customers total cost of ownership benefits and addresses increased interest in domestic manufacturing. The second one is a rotatable target which can be produced up to three meters in length. SCI has a patent for the bonding process of this product and this configuration enables customers to achieve higher utilization of the target's surface. We also recently ordered additional equipment to increase our rotatable manufacturing footprint."
Revenue
Revenue for the six months ended June 30, 2025, was
Order backlog was
Gross profit
Gross profit of
Operating expenses
Operating expenses totaled
Net interest income
Net interest income increased approximately
Income taxes
Income tax expense decreased
Net income
Net income was
Cash and cash equivalents
Cash and cash equivalents were
Debt outstanding
The Company had no debt outstanding at June 30, 2025, or December 31, 2024, respectively.
About SCI Engineered Materials, Inc.
SCI Engineered Materials is a global supplier and manufacturer of advanced materials for PVD thin film applications and works closely with end users and OEMs to develop innovative, customized solutions. Additional information is available at www.sciengineeredmaterials.com or follow SCI Engineered Materials, Inc. at:
https://www.linkedin.com/company/sci-engineered-materials.-inc
https://www.facebook.com/sciengineeredmaterials/
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Those statements include, but are not limited to, all statements regarding intent, beliefs, expectations, projections, customer guidance, forecasts, plans of the Company and its management. These forward-looking statements involve numerous risks and uncertainties, including without limitation, other risks and uncertainties detailed from time to time in the Company's Securities and Exchange Commission filings, including the Company's Annual Report on Form 10-K for the year ended December 31, 2024. One or more of these factors has affected and could affect the Company's projections in the future. Therefore, there can be no assurances that the forward-looking statements included in this press release will prove to be accurate. Due to the significant uncertainties in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company, or any other persons, that the objectives and plans of the Company will be achieved. All forward-looking statements made in this press release are based on information presently available to the management of the Company. The Company assumes no obligation to update any forward-looking statements.
Contact: Robert Lentz
(614) 439-6006
SCI ENGINEERED MATERIALS, INC.
BALANCE SHEETS
ASSETS | ||||||||
JUNE 30, | DECEMBER 31, | |||||||
2025 | 2024 | |||||||
(UNAUDITED) | ||||||||
Current Assets | ||||||||
Cash and cash equivalents | $ | 7,970,668 | $ | 6,753,403 | ||||
Investments - marketable securities, short term | - | 509,478 | ||||||
Accounts receivable, less allowance for doubtful accounts | 627,166 | 775,288 | ||||||
Inventories | 1,077,722 | 1,432,914 | ||||||
Prepaid purchase orders and expenses | 208,534 | 238,834 | ||||||
Total current assets | 9,884,090 | 9,709,917 | ||||||
Property and Equipment, at cost | 10,088,632 | 9,904,028 | ||||||
Less accumulated depreciation | (7,810,882 | ) | (7,632,946 | ) | ||||
Property and equipment, net | 2,277,750 | 2,271,082 | ||||||
Investments, net - marketable securities, long term | 3,249,000 | 2,249,000 | ||||||
Right of use asset, net | 1,152,790 | 1,236,572 | ||||||
Other assets | 63,927 | 66,394 | ||||||
Total other assets | 4,465,717 | 3,551,966 | ||||||
TOTAL ASSETS | $ | 16,627,557 | $ | 15,532,965 | ||||
LIABILITIES AND SHAREHOLDERS' EQUITY | ||||||||
Current Liabilities | ||||||||
Operating lease, short term | $ | 193,566 | $ | 174,863 | ||||
Accounts payable | 536,914 | 419,209 | ||||||
Customer deposits | 858,124 | 337,873 | ||||||
Accrued expenses | 350,418 | 532,260 | ||||||
Total current liabilities | 1,939,022 | 1,464,205 | ||||||
Deferred tax liability | 122,527 | 121,649 | ||||||
Operating lease, long term | 959,224 | 1,061,709 | ||||||
Total liabilities | 3,020,773 | 2,647,563 | ||||||
Total Shareholders' Equity | 13,606,784 | 12,885,402 | ||||||
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | $ | 16,627,557 | $ | 15,532,965 | ||||
SCI ENGINEERED MATERIALS, INC.
STATEMENTS OF INCOME
(UNAUDITED) | ||||||||||||||||
THREE MONTHS ENDED JUNE 30, | SIX MONTHS ENDED JUNE 30, | |||||||||||||||
2025 | 2024 | 2025 | 2024 | |||||||||||||
Revenue | $ | 3,609,304 | $ | 5,532,710 | $ | 7,109,536 | $ | 13,935,805 | ||||||||
Cost of revenue | 2,451,147 | 4,153,771 | 4,878,565 | 11,141,750 | ||||||||||||
Gross profit | 1,158,157 | 1,378,939 | 2,230,971 | 2,794,055 | ||||||||||||
General and administrative expense | 549,540 | 467,573 | 1,097,361 | 949,834 | ||||||||||||
Research and development expense | 107,374 | 174,630 | 209,641 | 359,865 | ||||||||||||
Marketing and sales expense | 145,436 | 151,538 | 265,623 | 280,890 | ||||||||||||
Income from operations | 355,807 | 585,198 | 658,346 | 1,203,466 | ||||||||||||
Interest income, net | 115,680 | 96,461 | 213,810 | 183,517 | ||||||||||||
Income before provision for income taxes | 471,487 | 681,659 | 872,156 | 1,386,983 | ||||||||||||
Income tax expense | 107,028 | 155,153 | 197,980 | 315,153 | ||||||||||||
NET INCOME | $ | 364,459 | $ | 526,506 | $ | 674,176 | $ | 1,071,830 | ||||||||
Earnings per share - basic and diluted | ||||||||||||||||
Income per common share | ||||||||||||||||
Basic | $ | 0.08 | $ | 0.12 | $ | 0.15 | $ | 0.24 | ||||||||
Diluted | $ | 0.08 | $ | 0.12 | $ | 0.15 | $ | 0.23 | ||||||||
Weighted average shares outstanding | ||||||||||||||||
Basic | 4,574,686 | 4,539,549 | 4,571,425 | 4,537,175 | ||||||||||||
Diluted | 4,578,926 | 4,569,288 | 4,575,729 | 4,566,831 | ||||||||||||
SCI ENGINEERED MATERIALS, INC.
CONDENSED STATEMENTS OF CASH FLOWS
FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2024
(UNAUDITED) | ||||||||
2025 | 2024 | |||||||
CASH PROVIDED BY (USED IN): | ||||||||
Operating activities | $ | 1,923,241 | $ | 847,503 | ||||
Investing activities | (705,976 | ) | (287,926 | ) | ||||
Financing activities | - | (41,095 | ) | |||||
NET INCREASE IN CASH | 1,217,265 | 518,482 | ||||||
CASH - Beginning of period | 6,753,403 | 5,673,994 | ||||||
CASH - End of period | $ | 7,970,668 | $ | 6,192,476 | ||||
SOURCE: SCI Engineered Materials, Inc.
View the original press release on ACCESS Newswire
