ADM TRONICS UNLIMITED, INC. SEC 10-Q Report
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ADM TRONICS UNLIMITED, INC., a diversified technology-based company specializing in the development and manufacturing of chemical, electronic, and engineering products, has released its Form 10-Q report for the second quarter of 2025. The report highlights the company's financial and operational performance, showcasing both growth and challenges across its various business segments.
Financial Highlights
- Net Revenues: $973,675, reflecting an increase of $115,830 compared to the same period in 2024, driven by growth in the Chemical and Electronics segments.
- Gross Profit: $481,293, a decrease of $39,610 from the prior year, primarily due to a decline in the Chemical segment.
- Operating Income: $109,234, a decline of $55,047 compared to the prior year, with improvements in the Engineering segment offset by declines in the Chemical and Electronics segments.
- Net Income: $327,634, an increase of $55,466 from the previous year, supported by an unrealized gain in investments and interest income.
- Basic and Diluted Income Per Common Share: $0.00, consistent with the prior year.
Business Highlights
- Revenue Segments: The company reported revenue from three main segments: Chemical, Electronics, and Engineering. The Electronics segment saw a significant increase in revenue, contributing to the overall growth.
- Geographical Performance: Net revenues from foreign customers accounted for 14% of total revenues for the three months ended June 30, 2025, consistent with the previous year.
- Customer Concentration: During the three months ended June 30, 2025, two customers accounted for 48% of the company's net revenue, indicating a high dependency on a limited number of customers.
- Operational Efficiency: The company experienced a decrease in gross profit percentage in the Chemical segment, while the Electronics and Engineering segments showed improvements in gross profit.
- Future Outlook: The company expects growth with profitable customers and a continued focus on acquiring new customers to generate cash flows from operating activities during fiscal 2026.
SEC Filing: ADM TRONICS UNLIMITED, INC. [ ADMT ] - 10-Q - Aug. 19, 2025