0001104659-26-015820
SEC filingSCI Engineered Materials, Inc. (SCIA) reported solid financial results for fiscal year 2025, ending December 31, 2025. The company generated $19.6 million in revenue, with a gross profit of $5.0 million, resulting in a gross margin of 25.5%. Operating income was $1.8 million, and net income reached $1.7 million. The company maintained a strong balance sheet with total assets of $17.3 million, including $7.9 million in cash and cash equivalents, and shareholders' equity of $14.2 million. Cash flow from operations was robust at $3.3 million, supporting strategic investments in marketable securities and property and equipment. The company's profitability was driven by effective cost management and operational efficiency, with a net cash increase of $1.2 million for the year.
SCI Engineered Materials, Inc. reported fiscal year 2025 results with revenue of $19.6 million and net income of $1.7 million. The company achieved a gross profit of $5.0 million, representing a gross margin of 25.5%. Operating income was $1.8 million, with operating expenses totaling $3.2 million, including general and administrative expenses of $2.2 million, research and development expenses of $434,000, and marketing and sales expenses of $601,000. Interest income contributed $449,000 to pre-tax income of $2.3 million, with income tax expense of $534,000. The company's balance sheet shows total assets of $17.3 million, with current assets of $10.2 million and property and equipment, net of $2.8 million. Shareholders' equity stands at $14.2 million.
The company's revenue of $19.6 million was generated from its core operations, though specific segment or geographic breakdowns were not provided in the available data. Cost of revenue was $14.6 million, resulting in a gross profit of $5.0 million. The company's revenue performance reflects its focus on engineered materials, with no disclosed information on growth drivers, product mix, or customer concentration in the provided data.
Gross margin for fiscal year 2025 was 25.5%, calculated from gross profit of $5.0 million on revenue of $19.6 million. Operating margin was 9.2%, derived from operating income of $1.8 million. The company's cost structure included $14.6 million in cost of revenue and $3.2 million in operating expenses. Profitability was supported by interest income of $449,000, contributing to a pre-tax margin of 11.7%. No prior period margin data was provided for comparison.
The company generated $3.3 million in cash from operating activities, primarily from net income of $1.7 million adjusted for non-cash items including depreciation of $448,000. Investing activities used $1.6 million, mainly for purchases of marketable securities ($2.9 million) and property and equipment ($1.0 million), partially offset by proceeds from maturities of marketable securities ($2.3 million). Financing activities used $500,000 for treasury stock purchases. Free cash flow, calculated as operating cash flow ($3.3 million) less capital expenditures ($1.0 million), was $1.7 million. The balance sheet shows strong liquidity with $7.9 million in cash and equivalents, total current assets of $10.2 million, and current liabilities of $1.9 million, resulting in a current ratio of approximately 5.4. Total liabilities were $3.1 million, with no debt disclosed other than lease obligations.
The provided data does not include management guidance, strategic priorities, or specific risk factors for future periods. The company's financial position appears stable with solid cash generation and a strong balance sheet, but forward-looking statements were not available in the extracted information.