OMTK
Omnitek Engineering Corp.0.0100
+0.0000+0%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
219.48KP/E (TTM)
1.00Basic EPS (TTM)
0.01Dividend Yield
0%Recent Filings
10-Q
8-K
Annual meeting elects board, ratifies auditor
Omnitek Engineering Corp. held its annual shareholder meeting on September 26, 2025, electing Werner Funk, Gary S. Maier, and John M. Palumbo to its board for one-year terms, with strong support of 13.4 million votes each against minimal withholdings. Shareholders also ratified Mercurius & Associates, LLP as the independent auditor for 2025, passing overwhelmingly with 16 million for votes. Continuity in governance solidified. No other matters arose.
10-Q
Q2 FY2025 results
Omnitek Engineering swung to an operating profit of $53,896 in Q2 FY2025 ended June 30, 2025, up from a $64,745 loss a year earlier, while YTD operating income hit $43,140 versus a $125,978 deficit. Revenue doubled to $605,407 year-over-year (derived), fueled by international sales jumping to $543,228 from $161,478, though gross margin slipped to 37% from 42%. Net income reached $125,853, or $0.01 per share on 21,948,091 diluted shares, beating last year's $108,356 loss; the gap from operating profit stemmed from $88,237 other income. Cash dwindled to $32,636 amid $128,809 operating outflow, offset by $57,000 related-party notes, with $199,000 SBA debt at 3.75% due 2050 and negative working capital of $1,209,105. No free cash flow disclosed in the 10-Q. Options granted for services added $3,782 non-cash expense. Litigation risk lingers from a 2022 cross-complaint over alleged grant overcharges, trial set for December 2025.
10-Q
Q1 FY2025 results
Omnitek Engineering boosted Q1 FY2025 revenue to $359.7K, up 52% y/y from $237.1K, driven by filters ($160.1K, +134% y/y) and components ($199.7K, +18% y/y), with international sales comprising 69% of the mix. Gross margin expanded to 39.2% from 35.3%, yielding an operating loss of $10.8K—better than last year's $61.2K—while net loss narrowed to $26.7K from $66.5K, the gap mainly from $9.8K other expense. Cash dipped to $45.8K amid $109.1K operating outflow, offset by $50.5K related-party financing; total debt stands at $304.4K including a $199K SBA loan at 3.75% maturing 2050. Revenue climbed steadily. Yet ongoing litigation over a terminated California Energy Commission grant poses execution risks.
10-K
FY2024 results
Omnitek Engineering held revenues steady at $1.0 million for FY2024 ended December 31, 2024, down 3.4% y/y from $1.1 million in 2023, while gross margins expanded to 45% from 39% on lower costs. Operating expenses ticked down slightly to $606K, driving net loss to $167K or ($0.01) per share, improved from $215K in 2023; no quarterly breakdowns disclosed in the 10-K. Cash from operations rose to $30K, yet working capital stayed negative at $1.3 million amid $2.2 million current liabilities. No dividends, buybacks, or capex trends noted. The Paris Agreement boosts demand for conversions, but geopolitical tensions risk supply disruptions.
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