Scientific Energy Inc (SCGY) is a dual-segment company that operates a food ordering and delivery platform in Macau and trades natural graphite products sourced from Madagascar. The food delivery segment generates revenue through commissions charged to merchant partners as a percentage of orders processed on the platform, plus additional delivery commissions and customer fees. The graphite segment earns revenue from the sale of natural flake graphite, which the company sources and trades without owning manufacturing facilities, outsourcing processing to third-party partners. As of December 31, 2024, the platform had approximately 1,820,000 registered customers, 5,684 partnered merchants, 65,130 daily-active users, and 345,936 monthly-active users. Majority of revenue was generated from Macau operations across both fiscal years ended December 31, 2024 and 2023. No single customer or merchant accounted for 10% or more of net revenues in either period. Stanley Chan serves as President, Chief Executive Officer, and Chief Financial Officer.

Revenue model

Food delivery segment: transaction-based commissions from merchant partners (percentage of order value), additional delivery service commissions, and direct customer fees. Graphite segment: product sales revenue from trading natural flake graphite sourced from Madagascar and processed by third-party manufacturers.

Products and services

Food ordering and delivery platform accessible via iPhone, Android, and iPad applications, supporting takeout orders, delivery, and pick-up. Natural flake graphite products with carbon content up to 97%, sourced from Madagascar and processed to customer specifications for industrial and battery applications.

Customers and end markets

Food delivery customers and restaurant or merchant partners in Macau, with 1,820,000 registered platform customers and 5,684 partnered merchants as of December 31, 2024. Graphite customers in industrial end markets including aerospace, steel, automotive, electric vehicles, batteries, and lubricants. No individual customer or merchant accounted for 10% or more of net revenues in FY2024 or FY2023.

Geographic exposure

Majority of revenue generated from Macau (food delivery operations). Graphite products sourced from Madagascar and targeted at consumption centers in Europe, the USA, and Asia per the 10-K filed 2025-05-28.

Competitors

synthetic graphite producers (petroleum or coal needle coke based)

Source: SEC 10-K, filed 2025-05-28

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