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Omnitek Engineering Corp

omnitekcorp.com

What Do They Do?

Develops and sells diesel-engine conversion kits, alternative-fuel engines and related products to fleet operators, distributors and engine-conversion companies.

How Do They Make Money?

Customers buy filters and components as one-time product sales; the sale is completed at shipment or as negotiated.

FY2025 revenue by product or service revenue
SegmentShareRevenue
Filters
Sold outright

49%
FY2022: 49%
Components
Sold outright

51%
FY2022: 51%

Who Are Their Customers?

Customers obtain products through Omnitek's worldwide network of distributors, system integrators, fleet operators and engine-conversion companies; dealers and sub-dealers install conversion kits.

Customers above 10% of revenue, FY2025
of revenue from one customer
FY2024: 72% from one customer

Do Revenues Turn Into Profits?

Yes. It kept 19 cents of every revenue dollar as net income in FY2025.

Operating income, FY2025
−6% of revenue
▼ −42% (Loss) vs FY2024 (−$148.5K, −15%)
Net income, FY2025
19% of revenue
▲ Now profitable vs FY2024 (−$167.1K, −16%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▼ −49%
vs $605.4K in Q2 FY2025
Net income
▼ Now a loss
vs $125.9K in Q2 FY2025
Components share of revenue vs 66.9% in Q2 FY2025
  • Sep 29, 2026 Werner Funk left the CEO and CFO roles; Kevin Hayes was appointed The appointments occurred in conjunction with the closing of the transaction contemplated by the Exchange Agreement.

Growing. Revenue grew 32% in 4 years, from $1.1M in FY2021 to $1.4M in FY2025, about 7% a year.

Hydrogen added The latest report adds hydrogen as a fuel for the diesel-engine conversion technology; the older report lists natural gas options and propane.

Revenue over time
Filters Components Engineering Services
$2M$1M$0

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