For nearly five decades, ADM Tronics Unlimited (OTCQB: ADMT) has maintained a progressive focus on development, manufacture and sale of a range of electronic and environmentally friendly chemical products. Utilizing a highly qualified team and cutting-edge technology, ADM Tronics is a profitable company achieving 10 consecutive quarters of increasing revenues and the ability to internally fund its engineering and development efforts.
ADM Tronics operates in three primary areas: Proprietary Electronic Medical Devices; Eco-Friendly, Safe, Water-Based Formulations; and Design, Engineering, Regulatory and Manufacturing Services. Within these areas of expertise, the company splits into Electronic and Chemical categories.
On the electronic side, the company’s Sonotron Medical Systems, Inc. subsidiary is engaged in non-invasive electronic therapy technology and converting industries.
Chemically speaking, ADM Tronics’ Aqua-Based Technologies produces environmentally safe water-based primers, adhesives, coatings and additives used in the food and medical packaging, graphic arts, wall covering and converting industries. The Pros-Aid® division offers products for use in medical prosthetics applications, special effects makeup and other areas of professional makeup, while Antistatic Industries™ provides specialty conductive paints, coatings and products serving the computer, pharmaceutical and chemical fields for the prevention of static electricity damage.
As a technology-based manufacturer, ADM Tronics produces a diverse range of components, assemblies and complete systems for customers in a variety of industries. Manufacturing takes place in an FDA-inspected, registered medical device manufacturing facility that is cGMP compliant and produces products that are ETL-registered, CE-marked, and that meet or exceed most regulatory and quality requirements.
This caliber of quality dates back to the company’s origins in 1969. According to the company’s website, ADM Tronics’ founder, the late Dr. Alfonso DiMinio (2001), was an award-winning, “scientific genius,” responsible for inventions and patents including a magnetic reader for bank checks, a better computer ribbon, and an early application for a copier machine.
Today, ADM Tronics’ operates with a multi-disciplinary team of engineers, researchers and technologists who utilize advanced technology infrastructure, such as 3-D solid prototyping, precision instrumentation, and specialized software and peripherals to research, develop and commercialize its technologies.
The diversity of offerings, stringent manufacturing details, and historical innovation appear to bode well for the company’s books. For the first quarter ended June 30, 2016, ADM Tronics recently reported revenues of $1.3 million, up 31 percent compared to $1.0 million reported for the comparable quarter of 2015. Net profit for the first quarter increased 20 percent to $521,230, or $0.01 per share, as compared to $434,228, or $0.01, per share for the same period last year.
Commenting on the company’s first-quarter 2016 performance, ADM Tronics President Andre’ DiMino in a news release stated that, “We expect to see our medical device engineering revenues continue, and we are now devoting more of our resources and efforts towards advancing our own proprietary medical technologies.”
For more information, visit the company’s website at www.admtronics.com
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