SYNTEC OPTICS HOLDINGS, INC.
OPTX, OPTXW · Optical Instruments & Lenses · 40.3M shares · +8%/yr ↑ dilution · EDGAR filings ↗
Grade
D48Precision-optics manufacturer near breakeven with thin liquidity.
Strengths
- Roughly free-cash-flow neutral — FCF ~$0 (53rd)
Risks
- Near-breakeven/net loss — operating margin -2%, net margin -6%
- Thin quick liquidity — quick ratio 0.65 (12th)
- Customer-concentration/cyclicality risk — per 10-K
Notable findings
- Net lossNet loss (net margin -6.4%)
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- Revenue declineRevenue -13.2% YoY
- Notable holderHeld by 5 notable fund(s): GOLDMAN SACHS GROUP INC, STATE STREET CORP, CITADEL ADVISORS LLC +2 more (as of 2026-03-31)
- AccumulatingInstitutional holders rose 4→6 QoQ (2025-12-31→2026-03-31)
- New fund positionNotable fund(s) opened this quarter: CITADEL ADVISORS LLC
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Return on equity
-18.8%
Return on assets
-7.4%
ROIC
-3.5%
Revenue growth (QoQ)
-6.3%
Debt / equity
0.2×
Current ratio
1.3×
Free cash flow
$28K
EBITDA
$2M
Tangible book value
$10M
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-04-30 | Material agreementReg FDExhibits | filing ↗ |
| 2026-01-23 | Shareholder voteExhibits | filing ↗ |
| 2025-10-17 | OtherExhibits | filing ↗ |
| 2025-10-14 | Auditor changeExhibits | filing ↗ |
| 2025-10-06 | ResultsExhibits | filing ↗ |
| 2025-10-03 | Delisting noticeExhibits | filing ↗ |
| 2025-09-24 | Delisting noticeExhibits | filing ↗ |
| 2025-09-04 | Delisting noticeExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 10-Q | 2026-05-15 | 2026-03-31 | 0001493152-26-023833 ↗ |
| 10-K/A | 2026-04-30 | 2025-12-31 | 0001493152-26-020749 ↗ |
| 8-K | 2026-04-30 | 2026-04-28 | 0001493152-26-019769 ↗ |
| 10-K | 2026-03-31 | 2025-12-31 | 0001493152-26-014180 ↗ |
| 8-K | 2026-01-23 | 2026-01-22 | 0001493152-26-003285 ↗ |
| 10-Q | 2025-11-14 | 2025-09-30 | 0001493152-25-022438 ↗ |
| 8-K | 2025-10-17 | 2025-10-17 | 0001493152-25-018468 ↗ |
| 8-K | 2025-10-14 | 2025-10-10 | 0001493152-25-017828 ↗ |
| 10-K | 2025-10-06 | 2024-12-31 | 0001493152-25-016960 ↗ |
| 10-Q | 2025-10-06 | 2025-03-31 | 0001493152-25-016962 ↗ |
| 10-Q | 2025-10-06 | 2025-06-30 | 0001493152-25-016964 ↗ |
| 8-K | 2025-10-06 | 2025-10-06 | 0001493152-25-017001 ↗ |