Adm Tronics Unlimited, Inc. Reports Earnings Results for the Third Quarter Ended December 31, 2020
February 12, 2021 at 04:05 pm EST
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ADM Tronics Unlimited, Inc. announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced sales was USD 762,644 compared to USD 805,126 a year ago. Operating loss was USD 76,721 compared to USD 65,724 a year ago. Net loss was USD 67,875 compared to USD 119,545 a year ago. For the nine months, sales was USD 2.258 million compared to USD 2.592 million a year ago. Operating loss was USD 255,225 compared to USD 40,187 a year ago. Net loss was USD 227,700 compared to USD 94,185 a year ago.
ADM Tronics Unlimited, Inc. is a technology-based developer and manufacturer of diversified lines of products and services in various areas, including electronics for non-invasive medical and other applications; research, development, regulatory and engineering services; and environmentally safe chemical products for industrial, cosmetic, and topical uses. The Company operates in three segments: Chemical, Electronics and Engineering. It offers a range of engineering services, including research, development, quality control and quality assurance services along with regulatory compliance services. The Company has developed several medical and cosmetic topical products. Its water-based, adhesive, and related topical formulations are used for maxillofacial prosthetic medical applications and for professional makeup applications primarily for special makeup effects for film, television, and theatrical productions. The Company's wholly owned subsidiary is Sonotron Medical Systems, Inc.
ADM TRONICS UNLIMITED, INC. 
