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Scientific Industries (SCND)
:SCND
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Scientific Industries
(OTC:SCND)
48Neutral
Scientific Industries (SCND) vs. S&P 500 (SPY)
Market Cap
$8.67M
Dividend YieldN/A
Average Volume (3M)2.92K
Price to Earnings (P/E)―
Beta (1Y)0.44
Revenue Growth-1.68%
EPS Growth46.14%
CountryUS
Employees63
SectorTechnology
Sector Strength40
IndustryHardware, Equipment & Parts
Share Statistics
EPS (TTM)-0.61
Shares Outstanding10,503,599
10 Day Avg. Volume2,896
30 Day Avg. Volume2,916
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.44
Price to Cash Flow (P/CF)-3.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Scientific Industries Business Overview & Revenue Model
Company DescriptionScientific Industries (SCND) is a leading innovator in the design and production of benchtop laboratory equipment and related products for the scientific research and industrial markets. The company primarily operates in the biotechnology, pharmaceutical, and industrial sectors, providing products such as vortex mixers, shakers, incubators, and bioprocessing systems. These tools are essential for laboratories and research facilities to conduct experiments and develop new products efficiently and effectively.
How the Company Makes MoneyScientific Industries generates revenue through the manufacturing and sale of its laboratory equipment and related products. The company's primary revenue streams include direct sales to research institutions, universities, and industrial laboratories, as well as through distributors and online sales channels. Additionally, SCND may engage in strategic partnerships with biotech and pharmaceutical companies to develop specialized equipment, which can lead to exclusive contracts and recurring revenues. The company's focus on innovation and quality ensures a steady demand for its products, contributing to its financial success.
Scientific Industries Financial Statement Overview
Summary
Scientific Industries is facing profitability and cash flow challenges, with declining revenue growth and significant losses impacting margins. Despite a strong equity position and low leverage, the company's operational struggles and liquidity issues pose risks to financial stability.Income Statement
Scientific Industries shows declining revenue growth with a drop in annual revenue from $10,475,600 to $11,111,500, resulting in negative revenue growth. The company has a negative net profit margin and EBIT margin due to significant losses in 2023, indicating profitability challenges. Despite a moderate gross profit margin, overall profitability remains weak.35
Negative
Balance Sheet
The company maintains a strong equity position with a high equity ratio, indicating financial stability. However, the negative net income impacts return on equity. The debt-to-equity ratio remains low, showing minimal leverage, which is a positive aspect of the balance sheet.45
Neutral
Cash Flow
The company faces negative free cash flow growth and significant operating cash flow deficits. The operating cash flow to net income ratio indicates cash flow challenges relative to reported losses, highlighting liquidity issues.30
Negative
| Breakdown | ||||
| Dec 2023 | Dec 2022 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 11.11M | 10.48M | 9.78M | 8.57M | 10.20M | Gross Profit |
| 5.10M | 4.64M | 4.98M | 3.85M | 4.37M | EBIT |
| -9.26M | -8.17M | -4.71M | -1.14M | 776.10K | EBITDA |
| -8.51M | -7.41M | -4.46M | -979.00K | 1.03M | Net Income Common Stockholders |
| -9.09M | -8.15M | -3.11M | -703.30K | 645.60K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 5.72M | 6.20M | 13.42M | 7.89M | 1.93M | Total Assets |
| 16.73M | 18.07M | 29.01M | 14.80M | 8.28M | Total Debt |
| 1.33M | 0.00 | 1.49M | 1.47M | 140.00K | Net Debt |
| 535.80K | -1.93M | -8.19M | -6.09M | -1.46M | Total Liabilities |
| 2.85M | 3.28M | 2.78M | 3.08M | 1.94M | Stockholders Equity |
| 13.89M | 14.79M | 26.22M | 11.72M | 6.34M |
| Cash Flow | Free Cash Flow | |||
| -6.29M | -6.20M | -3.56M | -244.80K | 947.10K | Operating Cash Flow |
| -6.16M | -5.70M | -3.30M | -168.10K | 1.16M | Investing Cash Flow |
| -735.10K | 3.61M | -10.88M | -84.10K | -218.40K | Financing Cash Flow |
| 5.75M | 2.31M | 16.31M | 6.21M | -391.70K |
Scientific Industries Technical Analysis
Negative
0.89
Price Trends
1.03
Negative
1.01
Negative
1.18
Negative
Market Momentum
-0.02
Positive
49.20
Neutral
34.09
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SCND, the sentiment is Negative. The current price of 0.89 is below the 20-day moving average (MA) of 0.98, below the 50-day MA of 1.03, and below the 200-day MA of 1.18, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 49.20 is Neutral, neither overbought nor oversold. The STOCH value of 34.09 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SCND.
Scientific Industries Risk Analysis
Scientific Industries disclosed 12 risk factors in its most recent earnings report. Scientific Industries reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Scientific Industries Peers Comparison
Overall Rating
UnderperformOutperform
Sector (57)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | $165.19B | 26.47 | 13.15% | 0.38% | 0.05% | 6.87% | |
68 Neutral | $29.53B | 23.81 | 20.61% | 0.96% | -3.00% | 3.67% | |
66 Neutral | $22.13B | 26.20 | -680.23% | ― | 2.22% | 12.78% | |
57 Neutral | $20.31B | 10.03 | -14.49% | 2.79% | 5.15% | -23.76% | |
49 Neutral | $6.44B | ― | -24.09% | ― | -3.92% | -202.80% | |
49 Neutral | $12.09B | ― | -30.11% | ― | -2.93% | -4.69% | |
48 Neutral | $8.67M | ― | -56.04% | ― | -1.68% | 46.14% |
* Technology Sector Average
Performance Comparison
SCND
Scientific Industries
0.82
-0.73
-47.10%
A
Agilent
107.05
-36.88
-25.62%
BIO
Bio-Rad Laboratories
249.17
-62.70
-20.10%
ILMN
Illumina
76.30
-50.72
-39.93%
MTD
Mettler-Toledo
1,061.66
-249.83
-19.05%
TMO
Thermo Fisher
453.55
-119.35
-20.83%
Scientific Industries Earnings Call Summary
Earnings Call Date: Mar 31, 2025 | % Change Since: -9.18% | Next Earnings Date: May 14, 2025
Earnings Call Sentiment Positive
The earnings call highlighted significant growth in the VIVID pill counter business and successful cost-cutting initiatives, alongside promising developments and strategic partnerships in the bioprocessing segment. However, challenges in the European market remain a concern.Highlights
VIVID Pill Counter Business Growth
VIVID sales in the third quarter were up 50% compared to the second quarter of this year and 12% compared to the same quarter last year. The development of a new VIVID workstation is expected to be a game-changer in the market.
Cost-Cutting Initiatives
The company successfully reduced operating expenses by over $1 million, or roughly 22%, compared to the same time frame last year, and improved cash burn rate without affecting the top line.
Bioprocessing Segment Performance
Sales compared to last year were up 12%, with improved gross margins and lower expenditures, resulting in a 27% improvement in EBITDA. The U.S. team reported a breakeven result with a positive EBITDA margin of 14%.
Strong Pipeline and New Product Development
A 90% increase in the commercial pipeline value was reported, alongside significant advancements in key projects such as the development of PAH technology and the new generation of the liquid injection system.
Strategic Partnerships
Secured partnerships and endorsements from major industry players like Merck, which are expected to positively influence the company's commercial track.
Lowlights
Challenging Bioprocessing Market
The bioprocessing segment faced a challenging environment with budget constraints impacting customers, particularly in Europe, leading to postponed equipment investments.
Company Guidance
During the third quarter of 2024, Scientific Industries demonstrated significant progress in its strategic transformation into a life sciences tool business with notable growth in sales, margins, and recurring revenue. The legacy Genie business experienced a recovery, generating positive cash flow that supports investments in the VIVID pill counter business, which saw a 50% increase in sales compared to the previous quarter and 12% year-over-year growth. The company is excited about the upcoming launch of the VIVID workstation, a new all-in-one pill counter and pharmacy management system. In the bioprocessing segment, sales increased by 12% compared to the previous year, with a remarkable 61% year-over-year growth in the U.S. market. Efforts to improve cost efficiency resulted in a reduction of operating expenses by over $1 million, or 22%, compared to the previous year. The company also reported a positive EBITDA margin of 14% for its U.S. entity in September, marking a significant milestone. Scientific Industries continues to invest in R&D and commercial activities, with a growing commercial pipeline and the successful launch of the DOTS platform, reflecting its potential to deliver long-term shareholder value.Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.