SCI Engineered Materials Inc

sciengineeredmaterials.com

What Do They Do?

Supplies ceramic and metal sputtering targets and other advanced materials to manufacturers and equipment makers applying thin-film coatings in industries such as aerospace, automotive and glass.

How Do They Make Money?

Customers order products through purchase orders; product sales are tied to shipment and typically have 30-60 day payment terms. Service revenue comes when work is complete.

FY2025 revenue

Who Are Their Customers?

Multinational companies, universities and research institutions buy materials for thin-film applications; SCI sells directly through employees and uses distribution channels for specific end markets.

Customers above 10% of revenue, FY2025

of revenue from two customers (66%, 18%)

FY2024: 88% from two customers

Do Revenues Turn Into Profits?

Yes. It kept 9 cents of every revenue dollar as net income in FY2025 and turned 12 cents into free cash flow.

Operating income, FY2025

9% of revenue

▼ −11% vs FY2024 ($2M, 9%)

Net income, FY2025

9% of revenue

▼ −6% vs FY2024 ($1.9M, 8%)

Free cash flow, FY2025

12% of revenue

▲ +23% vs FY2024 ($1.9M, 8%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q3 FY2026, the three months to Sep 30, 2026

Revenue: ▲ +52%; vs $5.3M in Q3 FY2025
Net income: ▲ +69%; vs $510.3K in Q3 FY2025

Aug 13, 2026 Chief financial officer resigns; company searches for a successor Shelby Yohn remains Director of Accounting, and former CFO Jerry Blaskie will oversee financial operations as a consultant.
Apr 1, 2026 Chief financial officer Gerald Blaskie retires
Apr 1, 2026 Board elects Shelby Yohn as chief financial officer

Growing. Revenue grew 46% in 4 years, from $13.4M in FY2021 to $19.6M in FY2025, about 10% a year.

Spherical powder focus The older report described specialty materials for additive manufacturing as an area of research; the latest report says SCI has increased its commitment to spherical powders used in additive manufacturing and other advanced manufacturing processes.

Who Do They Compete With?

Competes with Vacuum Engineering & Materials, Process Materials, and Materion

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