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Scientific Industries (SCND) Q1 2025 earnings results (first quarter 2025)

10-Q filed May 13, 2025

Scientific Industries (SCND) reported revenue of $2.4M for the first quarter 2025 (Q1 2025), -3% from a year earlier and -14% from the quarter before. Operating margin was -75.3%, net loss $1.8M (73.9% of revenue).

Revenue$2.4M
Year over year-3%
Quarter over quarter-14%
Operating margin-75.3%
Net earnings−$1.8M

Scientific Industries, Q1 2025: revenue $2.4M (-3% year over year), operating margin -75.3%, net loss $1.8M, operating cash flow −$1.3M. The chart follows the revenue to costs, profit and cash.

Q1 2025AmountQ/QY/Y
Revenue$2.4M-14%-3%
Operating profit−$1.8M——
Net earnings−$1.8M——
Operating cash flow−$1.3M——

What changed

Revenue was $2.4M in Q1 2025, down 3% year over year and down 14% from the previous quarter.

Gross margin was 42.2%, up 0.3 points from a year earlier. Operating costs exceeded revenue by $1.8M, an operating margin of -75.3%. Operating expenses fell 10% while revenue fell 3%. The quarter ended with a net loss of $1.8M, narrower than the previous quarter's $1.9M loss.

Operating cash flow was −$1.3M. Non-cash charges added back $167K of depreciation and amortization and $303K of share-based compensation. Capital expenditures of $26K exceeded it, leaving free cash flow of −$1.4M.

Questions

What was Scientific Industries' revenue in the first quarter 2025?

Scientific Industries (SCND) reported revenue of $2.4M for the first quarter 2025 (Q1 2025), -3% from a year earlier and -14% from the quarter before.

Was Scientific Industries profitable in the first quarter 2025?

Operating loss was $1.8M (-75.3% of revenue) and net loss $1.8M.

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Source: Scientific Industries 10-Q on SEC EDGAR.