Syntec Optics Holdings, Inc
syntecoptics.comWhat Do They Do?
Sells polymer and glass optics, optical components and integrated systems to equipment makers and suppliers serving defense, medical, consumer and communications markets.
10-K for FY2025, filed Mar 31, 2026Syntec Optics is vertically integrated from design and component manufacturing for lens system assembly to imaging module integration for…View ↗
Syntec had focused on three key end-markets of defense, biomedical, and consumer, all with several mission-critical applications with…View ↗
Syntec has built a solid foundation over many decades of developing new processes that produce various geometries and shapes of optical…View ↗
We have deep, long-standing relationships with many of our customers. Our customers primarily utilize our products for defense and…View ↗
How Do They Make Money?
For its product business, Syntec sells molded polymer and glass optics, mechanical parts, coatings and optical systems, with customers paying when products ship; they pay for tooling after delivery and acceptance and for one-off engineering when the work is complete.
10-K for FY2025, filed Mar 31, 2026The Company’s revenue is primarily derived from three categories of products and services, (i) the production and assembly of molded…View ↗
Revenue from the sale of molded plastic, polymer and glass parts, opto-mechanicals, thin film coating, diamond turned optic and optical…View ↗
In general, the Company recognizes revenue from tooling contracts upon delivery and acceptance by the customer, which signifies successful…View ↗
Revenue from non-recurring engineering services is recognized upon completion of the negotiated services. These sales do not meet the…View ↗
-
10-K for FY2025, filed Mar 31, 2026
FY2025 revenue by product or service ↗
$28.1M
-
10-K for FY2025, filed Mar 31, 2026
$28.1M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Products
Sold outright
10-K for FY2025, filed Mar 31, 2026 |
98%
FY2022: 94%
|
Products, FY2025
$27.4M Sources
|
Sold outright |
|
Custom Tooling
Sold outright
|
1.1%
FY2022: 5.0%
|
Custom Tooling, FY2025
$303.6K Sources
|
Sold outright |
|
Non-Recurring Engineering
Sold outright
|
1.2%
FY2022: 1.3%
|
Non-Recurring Engineering, FY2025
$343.2K Sources
|
Sold outright |
Who Are Their Customers?
Equipment makers and Tier 1 suppliers work directly with Syntec on custom designs; distributors are also customers, and buyers can purchase off-the-shelf optics through its website.
10-K for FY2025, filed Mar 31, 2026Proven Go-To-Market Strategy. We have successfully established a direct-to-business platform and have developed strong working…View ↗
Established Customer Base with Brand Recognition. We have a growing customer base featuring OEMs, distributors, Tier 1 suppliers across…View ↗
We have deep, long-standing relationships with many of our customers. Our customers primarily utilize our products for defense and…View ↗
We value our customer relationships. Our website and our customer service are key elements to our sales strategy. Our website enables…View ↗
Do Revenues Turn Into Profits?
Not on paper. It lost $1.8M in FY2025, but brought in more cash than it spent: $28.3K of free cash flow.
10-K for FY2025, filed Mar 31, 2026
−$517.6KView ↗
10-K for FY2025, filed Mar 31, 2026
−$1.8MView ↗
10-K for FY2025, filed Mar 31, 2026
$28.3KView ↗
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Aug 10, 2026
$256.2KView ↗
- ▲ Now profitable
- vs −$343.9K in Q2 FY2025
10-Q for Q2 FY2026, filed Aug 10, 2026
Open tableView ↗
-
Aug 25, 2026
Replaced its independent auditor
The company dismissed CBIZ CPAs and appointed WithumSmith+Brown as its independent auditor.
Sources
8-K, filed Aug 25, 2026
On August 19, 2026, the Audit Committee (the “Audit Committee”) of the Board of Directors of Syntec Optics Holdings, Inc. (the “Company”)…View ↗
From acquisition vehicle to manufacturer
The older report described a blank-check company seeking an optics or photonics business combination; the latest describes a manufacturer that designs, makes and assembles optical components and systems.
10-K for FY2022, filed Jan 30, 2023 10-K for FY2025, filed Mar 31, 2026
Loading...
