See more : Fertil-A-Chron, Inc. (FEKR) Income Statement Analysis – Financial Results
Complete financial analysis of Optec International, Inc. (OPTI) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Optec International, Inc., a leading company in the Auto – Parts industry within the Consumer Cyclical sector.
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Optec International, Inc. (OPTI)
About Optec International, Inc.
Optec International, Inc. engages in selling and marketing optimized fuel maximizer units in North America and internationally. It markets optimized fuel maximizer for passenger vehicles, intermediate/medium duty trucks, off-road equipment, generator systems, heavy duty diesel on-road vehicles, and transportation refrigeration units. The company was formerly known as Green Meadow Products, Inc. and changed its name to Optec International, Inc. in August 2017. Optec International, Inc. was founded in 2012 and is based in Carlsbad, California.
| Metric | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|
| Revenue | 2.19M | 5.71M | 1.01M | 91.11K | 24.20K | 30.88K | 43.08K |
| Cost of Revenue | 591.64K | 6.27M | 322.94K | 58.36K | 7.00K | 12.00K | 400.00 |
| Gross Profit | 1.60M | -566.19K | 688.36K | 32.75K | 17.20K | 18.88K | 42.68K |
| Gross Profit Ratio | 72.97% | -9.92% | 68.07% | 35.94% | 71.07% | 61.13% | 99.07% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 103.91K | 18.06K | 41.73K | 42.28K |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 7.75K | 5.08K | 6.00K | 10.00K |
| SG&A | 2.14M | 3.09M | 772.65K | 111.65K | 23.14K | 47.73K | 52.28K |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 2.14M | 3.09M | 772.65K | 119.23K | 27.21K | 51.81K | 55.69K |
| Cost & Expenses | 2.74M | 9.36M | 1.10M | 177.59K | 34.21K | 63.81K | 56.09K |
| Interest Income | 0.00 | 4.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 508.67K | 132.51K | 216.19K | 379.90K | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 460.04K | 429.24K | 109.59K | 7.58K | 4.08K | 4.08K | 3.41K |
| EBITDA | -382.39K | -3.22M | -873.99K | -4.28M | -164.01K | -5.94K | -28.86K |
| EBITDA Ratio | -17.47% | -56.50% | 2.50% | -86.61% | -24.52% | -93.46% | -22.28% |
| Operating Income | -547.70K | -3.65M | -84.28K | -171.58K | -10.01K | -32.93K | -13.01K |
| Operating Income Ratio | -25.03% | -64.02% | -8.33% | -188.34% | -41.37% | -106.66% | -30.20% |
| Total Other Income/Expenses | -803.40K | 7.38M | -1.12M | -1.15M | -1.15M | 0.00 | -4.08K |
| Income Before Tax | -1.35M | 3.73M | -1.20M | -1.32M | -10.01K | -32.93K | -13.01K |
| Income Before Tax Ratio | -61.74% | 65.29% | -118.64% | -1,449.84% | -41.37% | -106.66% | -30.20% |
| Income Tax Expense | -4.00 | 3.00 | -4.00 | 379.90K | 0.00 | 0.00 | -1.95K |
| Net Income | -1.35M | 3.73M | -1.20M | -1.32M | -10.01K | -32.93K | -11.06K |
| Net Income Ratio | -61.74% | 65.29% | -118.64% | -1,449.84% | -41.37% | -106.66% | -25.67% |
| EPS | 0.00 | 0.00 | 0.00 | -0.09 | 0.00 | 0.00 | 0.00 |
| EPS Diluted | 0.00 | 0.00 | 0.00 | -0.09 | 0.00 | 0.00 | 0.00 |
| Weighted Avg Shares Out | 3.35B | 875.00M | 875.00M | 14.68M | 52.94M | 52.94M | 52.94M |
| Weighted Avg Shares Out (Dil) | 3.35B | 875.00M | 875.00M | 14.68M | 52.94M | 52.94M | 52.94M |
RB Capital Partners, Inc. Officially Moves Forward with Appointment of a Receiver for Optec International, Inc.
SAN DIEGO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- via IBN – RB Capital Partners, Inc., a judgment creditor against Optec International Inc. (OTCPink: OPTI) (“Optec”), announces it has engaged Mark Basile and The Basile Law Firm P.C. to work with...
Optec International Optec's Z2O Division Territories Report
CARLSBAD, CA / ACCESSWIRE / September 21, 2021 / OPTEC International, Inc. (OTC PINK:OPTI) today announced the company's subsidiary Z2O territories report Period Ending September 19th, 2021. The company launched the Z2O pilot program earlier this year in Austin Texas,...
Optec International Share Issuance Correction
CARLSBAD, CA / ACCESSWIRE / September 2, 2021 / OPTEC International, Inc. (OTC PINK:OPTI). OPTEC International today announced the company is clarifying the incorrect information published yesterday in the company's issued and outstanding shares numbers published on OTC Markets.
Optec International's GPO, WeShield Together, Officially Launches With $2 Million in Sales in First Two Weeks From 32 Vendors
NEW YORK, NY / ACCESSWIRE / August 30, 2021 / OPTEC International, Inc. (OTC PINK:OPTI) Today the company announced the official launch of a new group purchasing division via their newly acquired, wholly owned subsidiary, WeShield, called "WeShield Together." Since...
OPTEC Ramps Up Operations as New Surge in Pandemic Numbers Sweep Across the Country
CARLSBAD, CA / ACCESSWIRE / August 23, 2021 / OPTEC International, Inc. (OTC PINK: OPTI). OPTEC International today announced the company is expanding the company's Z2O awareness for the new launches in Miami and San Diego, closely followed by expanded...
Inc. 5000 Names WeShield, an Optec International Subsidiary, as the 53rd Fastest-Growing Company in America
NEW YORK, NY / ACCESSWIRE / August 17, 2021 / WeShield - a subsidiary of Optec International OTC Markets OPTI has been ranked 53rd of 5000 on the annual Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing...
Optec International and Its Subsidiary, Weshield, See Over 100% Increase in PPE Orders Over Previous Month Due to Delta Variant
CARLSBAD, CA / ACCESSWIRE / August 16, 2021 / As the United States and the rest of the world deal with the surge of infections of Covid-19 due to the highly contagious Delta Variant, companies with a heavy focus on...
Optec International's Z2O Division Hires Additional Adminstrative Staff At Company's Headquarters For San Diego & Miami Launches
CARLSBAD, CA / ACCESSWIRE / August 12, 2021 / OPTEC International, Inc. (OTC Ticker:OPTI) today announced the company's Z2O division now based at the new OPTEC Vista Headquarters, hired 3 new additional full time administrative staff to accommodate the San...
OPTEC International Acquires Controlling Interest of Rafina Innovations
CARLSBAD, CA / ACCESSWIRE / July 29, 2021 / OPTEC International, Inc. (OTC Ticker:OPTI) today announced the acquisition of controlling interest in one of the company's Mediterranean distributors, Rafina Innovations (OTC Ticker:VICA) as part of OPTEC's commitment for Global Expansion....
Optec International's Wholly-Owned Subsidiary, Weshield Posts Q1 and Q2 Revenues of $40 Million With EBITDA of $6.7 Million
CARLSBAD, CA / ACCESSWIRE / July 27, 2021 / WeShield, a wholly-owned subsidiary of OPTEC International, Inc. (OTC PINK:OPTI), posted YTD revenues of $40 million with EBIDTA of $6.7 million, or 17% of revenue. Q2 revenues for WeShield finished at...
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