Simclar(OTC) SIMC

Simclar, Inc. operates as an outsourced manufacturer specializing in electronic and electromechanical components and products. With a strong presence in the United States and Mexico, the company focuses on custom-engineered goods and extensive contract manufacturing services.

Products and Services

• Manufactures intricate printed circuit boards (PCBs) and modular subassemblies
• Offers cable assemblies, wire harnesses, and injection-molded items
• Provides refurbishment, repair services, and sheet metal fabrication

Growth Outlook

• Revenue of $20.4 million in Q3 2008, indicating market demand
• Operating income of $883,334 in Q3 2008, showcasing operational efficiency
• Return on equity of 12.36% TTM, reflecting strong shareholder value creation

Financial Highlights

• Net income of -$711,101 in Q3 2008, highlighting challenges
• Gross profit margin of 5.26% in Q3 2008, indicating profitability potential
• Current ratio of 1.31 TTM, suggesting solid short-term financial health

Simclar, Inc. has established itself as a key player in the hardware and equipment industry, focusing on high-quality manufacturing solutions. The company’s diverse product offerings cater to various sectors, including telecommunications and data processing. Recent financial data indicates a revenue of $20.4 million for Q3 2008, which reflects a solid demand for its products. Despite facing challenges with a net income of -$711,101, the operating income of $883,334 demonstrates the company's ability to manage operational costs effectively. The current ratio of 1.31 suggests that Simclar is well-positioned to meet its short-term obligations, providing a level of financial stability. Overall, Simclar, Inc. presents a compelling opportunity for investors interested in the technology and manufacturing sectors.