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All references in this report to Syntec Optics, Syntec , the Company, we, us, or our mean Syntec Optics Holdings, Inc. and its subsidiaries unless stated otherwise or the context otherwise indicates. Overview Syntec Optics believes that photon enabled technologies are more than just a trend.
The business is unprofitable at the operating level (-1.84% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 1.3% YoY. The question is whether this is cyclical or a structural shift.
Net debt of $4M represents 142.5x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
$28M
▼ -1.3% YoY
Net Income (TTM)
-$3M
▲ +27.7% YoY
Op. Margin
-6.62%
▲ +7.2pp YoY
ROIC
-9.16%
▲ +9.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$119K
▲ +101.3% YoY
Op. Cash Flow (TTM)
$843K
▲ +171.3% YoY
Net Debt
$6M
Cash & Equiv.
$617K
3Y CAGR: +0.3%
3Y CAGR: -65.4%
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