Scientific Energy, Inc., a diversified energy company with operations spanning multiple sectors including Food & Beverage, IT Supporting Services, and Graphite Trading, has released its Form 10-Q report for the third quarter of 2025. The report provides a comprehensive overview of the company's financial performance and operational highlights, reflecting both growth and challenges faced during the period.
Financial Highlights
- Revenue: $65.39 million, reflecting a 29% increase from the same period in 2024, primarily driven by the subsidiary, Graphite Energy Inc.
- Gross Profit: $20.84 million, representing a 26% increase compared to the same period in 2024, indicating improved profitability.
- Operating Income: $0.47 million, a significant decrease of 81% from the previous year, highlighting increased operating expenses.
- Net Income: $0.56 million, down 77% from the same period in 2024, impacted by higher operating expenses despite increased revenue.
- Net Income Per Share: $0.004, compared to $0.011 in the same period of 2024, reflecting the decrease in net income.
Business Highlights
- Revenue Segments: The company operates in three main segments: Food & Beverage and Delivery, IT Supporting Services, and Graphite Trading. The Food & Beverage and Delivery segment, primarily in Hong Kong and Macau, generated $37.7 million in revenue. The IT Supporting Services segment, located in China, contributed $15,693, while the Graphite Trading segment in the USA accounted for $27.6 million.
- Geographical Performance: The company's operations are spread across the USA, Hong Kong, Macau, and China. The majority of the company's long-lived assets are located in Hong Kong and Macau, accounting for approximately 81% of the total, with the remainder in the PRC.
- Operational Challenges: The company faced increased operating expenses, primarily due to additional expenses from the Graphite Energy, Inc. subsidiary. This increase in expenses impacted the overall operating profit.
- Future Outlook: The company plans to continue focusing on its core segments and improving operational efficiency. However, it acknowledges the need for additional capital to maintain operations and meet short-term needs.
- New Subsidiaries: In September 2025, the company established AOMI Corporation in the Cayman Islands and Profit One Investment Limited in Hong Kong, although these subsidiaries have not yet commenced business operations.
SEC Filing: