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Syntec Optics Holdings (OPTX) investor relations material
Syntec Optics Holdings Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Strategy focuses on leading the light-enabled products market with a diverse portfolio for blue-chip customers, leveraging advanced manufacturing and in-house design capabilities for defense, medical, consumer, and communication markets.
Execution plan centers on operational excellence, scaling production, and expanding into new high-growth markets, supported by recent product launches in night vision optics, biomedical mirrors, and microlens arrays for satellite communications.
Demand from key customers is robust, with requests for 20% to 100% higher volumes.
Significant events and developments
Audit committee approved the 10-K and 10-Q filings after auditor presentations.
Nasdaq granted an exception for late filings, with a compliance deadline of October 13, 2025.
Company submitted an updated compliance plan to Nasdaq and is targeting September 15, 2025, for filing delinquent reports.
No material legal proceedings or defaults reported.
No unregistered sales of equity securities or changes in senior securities.
Financial highlights
Net sales for Q2 2025 were $6.6M, down 6.4% year-over-year; six-month sales rose 2.8% to $13.6M.
Q2 2025 net loss was $0.34M, compared to net income of $0.28M in Q2 2024; six-month net loss narrowed to $0.02M from $0.93M in 2024.
Gross profit for Q2 2025 was $1.6M (24% margin), down from $2.2M (31%) in Q2 2024; six-month gross profit increased to $3.9M (29% margin) from $2.9M (22%).
Adjusted EBITDA for Q2 2025 was $0.69M, down from $1.17M in Q2 2024; six-month adjusted EBITDA rose to $2.08M from $0.77M.
Q2 2025 EPS: $(0.01); six-month EPS: $(0.00).
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