United-Guardian Q1 2025 Earnings Release Financial Highlights United-Guardian reported significant Q1 2025 declines in net sales (23.8% to $2.48 million) and net income (39.4% to $0.56 million), with EPS falling from $0.20 to $0.12 Q1 2025 vs Q1 2024 Key Financial Results | Metric | Q1 2025 | Q1 2024 | Change | | :--- | :--- | :--- | :--- | | Net Sales | $2,481,127 | $3,254,944 | -23.8% | | Net Income | $560,895 | $925,442 | -39.4% | | EPS (basic and diluted) | $0.12 | $0.20 | -40.0% | Business Segment Performance and Outlook Strong growth in medical lubricant and pharmaceutical segments was offset by a 63% decline in cosmetic ingredients due to reduced ASI orders and excess inventory in China, with tariff concerns noted - The overall decrease in sales and earnings was primarily driven by a significant downturn in the cosmetic ingredient business, despite positive performance in other segments3 Q1 2025 Year-over-Year Sales Growth by Segment | Business Segment | Sales Change vs Q1 2024 | | :--- | :--- | | Medical Lubricant | +43% | | Pharmaceutical | +23% | | Cosmetic Ingredients | -63% | - The reduction in cosmetic ingredient orders from partner ASI is attributed to excess inventory in China and the timing of orders. ASI has confirmed no significant loss of customers3 - Potential tariffs announced by the U.S. government on imports remain a concern, with the financial impact currently difficult to determine3 Consolidated Statements of Income Unaudited Q1 2025 statements show decreased net sales and income from operations, falling from $1.03 million in Q1 2024 to $0.61 million, despite reduced total costs and expenses Statements of Income (Unaudited) - For the Three Months Ended March 31, | Line Item | 2025 | 2024 | | :--- | :--- | :--- | | Net sales | $2,481,127 | $3,254,944 | | Cost of sales | 1,123,076 | 1,556,490 | | Operating expenses | 632,735 | 568,865 | | Research and development | 114,394 | 102,982 | | Total costs and expenses | 1,870,205 | 2,228,337 | | Income from operations | 610,922 | 1,026,607 | | Investment income | 84,687 | 98,073 | | Net gain on marketable securities | 12,350 | 41,496 | | Total other income | 97,037 | 139,569 | | Income before provision for income taxes | 707,959 | 1,166,176 | | Provision for income taxes | 147,064 | 240,734 | | Net income | $560,895 | $925,442 | | Earnings per common share | $0.12 | $0.20 | | Weighted average shares | 4,594,319 | 4,594,319 |
United-Guardian(UG) - 2025 Q1 - Quarterly Results