Filing Flows › SCI Engineered Materials (SCIA) › Q1 2025
SCI Engineered Materials (SCIA) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 2, 2025
SCI Engineered Materials (SCIA) reported revenue of $3.5M for the first quarter 2025 (Q1 2025), -58% from a year earlier and -31% from the quarter before. Operating margin was 8.6%, net earnings $310K (8.8% of revenue).
SCI Engineered Materials, Q1 2025: revenue $3.5M (-58% year over year), operating margin 8.6%, net earnings $310K, operating cash flow $933K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.5M | -31% | -58% |
| Gross profit | $1.1M | -9% | -24% |
| Operating profit | $303K | -37% | -51% |
| Net earnings | $310K | -28% | -43% |
| Operating cash flow | $933K | — | — |
| Free cash flow | $850K | — | — |
What changed
Revenue was $3.5M in Q1 2025, down 58% year over year and down 31% from the previous quarter.
Gross margin was 30.6%, up 13.8 points from a year earlier. Operating profit was $303K, a 8.6% margin (up 1.3 points year over year). Operating expenses fell 3% while revenue fell 58%. The fastest-growing cost line was General & admin (+14%). Net earnings were $310K, down 43% year over year. The effective tax rate was 22.7%. Non-operating items added $98K, 24% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $933K, 301% of net earnings. Non-cash charges added back $104K of depreciation and amortization. Working capital and other items added $519K. Capital expenditures of $83K left free cash flow of $850K.
Questions
What was SCI Engineered Materials' revenue in the first quarter 2025?
SCI Engineered Materials (SCIA) reported revenue of $3.5M for the first quarter 2025 (Q1 2025), -58% from a year earlier and -31% from the quarter before.
Was SCI Engineered Materials profitable in the first quarter 2025?
Operating profit was $303K (8.6% of revenue) and net earnings $310K.