Financial Snapshot

Revenue
$35.70M
TTM
Gross Margin
19.11%
TTM
Net Earnings
$1.036M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
134.02%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$12.12M
Q3 2024
Cash
Q3 2024
P/E
33.12
Nov 29, 2024 EST
Free Cash Flow
-$793.8K
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021
Revenue $29.44M $0.00 $0.00
YoY Change

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021
Revenue $29.44M $0.00 $0.00
Cost Of Revenue $21.52M $21.71M $20.03M
Gross Profit $7.921M $6.126M $6.591M
Gross Profit Margin 26.9%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021
Selling, General & Admin $6.380M $6.654M $5.163M
YoY Change -4.12% 28.88%
% of Gross Profit 80.54% 108.62% 78.34%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.769M $3.141M $3.209M
YoY Change -11.82% -2.12%
% of Gross Profit 34.96% 51.27% 48.69%
Operating Expenses $6.380M $787.6K $171.2K
YoY Change 710.0% 360.15%
Operating Profit $1.541M -$787.6K $6.420M
YoY Change -295.66% -112.27%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021
Interest Expense -$654.8K $2.081M $1.680K
YoY Change -131.46% 123772.62%
% of Operating Profit -42.49% 0.03%
Other Income/Expense, Net -$283.9K -$61.16K $94.28K
YoY Change 364.08% -164.87%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021
Pretax Income $1.257M $1.293M -$169.5K
YoY Change -2.8% -863.12%
Income Tax -$719.2K $445.8K $125.0K
% Of Pretax Income -57.2% 34.47%
Net Earnings $1.976M $847.6K -$169.5K
YoY Change 133.17% -600.1%
Net Earnings / Revenue 6.71%
Basic Earnings Per Share $0.06 -$0.01
Diluted Earnings Per Share $0.06 $0.05 -$9.061K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021
Cash & Short-Term Investments $2.158M $117.5K $494.6K
YoY Change 1736.65% -76.24%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $359.4K $134.4K $171.9K
YoY Change 167.38% -21.8%
Inventory $5.834M $3.626M $4.562M
Prepaid Expenses
Receivables $6.800M $5.926M $5.169M
Other Receivables $0.00 $0.00 $100.0K
Total Short-Term Assets $15.15M $260.7K $666.5K
YoY Change 5711.99% -60.89%
Property, Plant & Equipment $11.10M $11.69M $14.56M
YoY Change -5.02% -19.74%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $14.01M $146.6M
YoY Change -90.44%
Other Assets $0.00 $135.0K
YoY Change -100.0%
Total Long-Term Assets $11.40M $14.01M $146.8M
YoY Change -18.66% -90.45%
Total Assets $26.55M $14.27M $147.4M
YoY Change
Accounts Payable $3.042M $117.1K $204.1K
YoY Change 2498.72% -42.64%
Accrued Expenses $1.071M $553.3K $601.3K
YoY Change 93.6% -7.98%
Deferred Revenue
YoY Change
Short-Term Debt $6.538M $0.00 $0.00
YoY Change
Long-Term Debt Due $363.0K $1.625M $984.1K
YoY Change -77.66% 65.12%
Total Short-Term Liabilities $11.38M $117.1K $204.1K
YoY Change 9624.39% -42.64%
Long-Term Debt $2.025M $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00 $500.0K $5.031M
YoY Change -100.0% -90.06%
Total Long-Term Liabilities $2.025M $500.0K $5.031M
YoY Change 304.99% -90.06%
Total Liabilities $13.48M $617.1K $5.235M
YoY Change 2085.19% -88.21%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021
Basic Shares Outstanding 32.37M shares 31.60M shares
Diluted Shares Outstanding 32.37M shares 31.60M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $34.304 Million

About SYNTEC OPTICS HOLDINGS, INC.

Syntec Optics Holdings, Inc. engages in the design and manufacture of optics and photonics enabled products. The company is headquartered in Miami Beach, Florida and currently employs 148 full-time employees. The company went IPO on 2021-11-09. The firm is engaged in offering optics manufacturing, from opto-mechanicals to optical elements of various geometries, diamond turned optics, both prototype and production, and optical systems, including electro-optics assembly, design, coating lab, testing, and software development. The company offers a range of services to support its manufacturing capabilities including tool design, design for manufacturing, optical and opto-mechanical design, and mold flow analysis. The company offers single point diamond turning for prototyped polymer optics and its patented high refraction diamond. The company integrates mold and tooling development to align with the total need for design, production and assembly. Its products include Low Earth Orbit satellite optics, lightweight night vision goggle optics, biomedical equipment optics, and precision microlens arrays. The company serves the medical, defense, and consumer end-markets.

Industry: Optical Instruments & Lenses Peers: BENCHMARK ELECTRONICS INC CTS CORP DATA I/O CORP JABIL INC KEY TRONIC CORP Kimball Electronics, Inc. METHODE ELECTRONICS INC NETLIST INC NORTECH SYSTEMS INC R F INDUSTRIES LTD