MARKETS / BALCAO / Health care / Medical devices and instruments / RSCF

BALCAO · LABORATORY APPARATUS & FURNITURE · SMALL CAP

Reflect Scientific, Inc. RSCF

14 fiscal years on record · USD · FY2023 reported · SEC filings only

Revenue

$1.1M

▼ 47.1% YoY

Net income

$-459,028

▼ 613.5% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

The company's growing product portfolio includes ultra-low temperature freezers, blast freezers, solvent chillers and refrigerated transportation in addition to supplying OEM products to the life sciences industry. Reflect Scientific designs, develops and sells scientific equipment for the life sciences and manufacturing industries. The company's Cryometrix ultra-low temperature and blast freezers are, it believes, a technological breakthrough that provides energy savings and other critically important benefits to cryo-storage customers in the life science related industries. In addition to its Cryometrix freezers, the company markets its Visacon OEM products, LCGCVials.com vial products, GCFerules.com OEM GC consumable products, and HPLC Detectors.com UV detector products into the chromatography market. As of March 26, 2024, subsequent to the balance sheet date, the company had 7 full-time and 1 part-time employees.

Written from the business description in Reflect Scientific, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 29 March 2024. Every sentence was checked against that document before publication.

Growth

USD 1.1M

Revenue, FY2023 · full 14-year series below

Revenue $M Net income $M

FY2023 · Revenue 1.1 · Net income -0.5

1M2M-1M-2M

201020132016201920222023

Compound annual growth

Revenue

−27.1%

−7.0%

−1.7%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at −7.0% a year over the five years to FY2023.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−42 cents

lost on every revenue dollar

Operating margin Net margin

FY2023 · Operating -43.3% · Net -42.5%

50%-100%-200%

201020162023

ROE

FY2023 · ROE -21.9%

20%40%60%-50%-100%

201020162023

Three returns, three denominators.

Return on equity-21.9%

Return on assets-17.9%

Return on capital employed-21.4%

Gross margin55.2%

Operating margin-43.3%

Net margin-42.5%

EBITDA·

Each USD of equity lost 22 cents this year.

Cash & shareholders

returned in FY2023 · dividends + net buybacks

Total assetsUSD 2.7M

EquityUSD 1.9M

CashUSD 1.3M

Current ratio3.97×

Equity funds 71% of total assets.

The 14-year record

14 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative—not applicable◌not available in our data

RSCF, 14-year financial record
Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue $B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Operating income $B	−0.0	0.0	0.0	0.0	−0.0	−0.0	−0.0	−0.0	−0.0	−0.0	−0.0	−0.0	−0.0	−0.0
EBITDA $B	◌	◌	◌	0.0	−0.0	−0.0	−0.0	−0.0	−0.0	−0.0	−0.0	−0.0	−0.0	−0.0
Income tax $B	0.0	0.0	◌	◌	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net income $B	−0.0	0.0	0.0	0.0	−0.0	−0.0	−0.0	−0.0	0.0	−0.0	−0.0	0.0	−0.0	−0.0
EPS, diluted $	−0.01	0.00	0.01	0.01	0.00	0.00	−0.01	0.00	0.01	−0.02	−0.02	0.00	−0.03	◌
Dividend / sh $	◌	◌	◌	◌	◌	◌	◌	◌	◌	◌	◌	◌	◌	◌
Payout % — not applicable: no dividend	—	—	—	—	—	—	—	—	—	—	—	—	—	—
ROE %	−21.9	4.0	55.4	74.8	−35.4	−46.6	−82.7	−42.8	—	—	—	—	—	−136.0
Shares out B	0.09	0.09	0.08	0.08	0.08	0.08	0.07	0.07	0.06	0.06	0.05	0.05	0.04	0.03

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

Other companies filing in the same sector

MCK · COR · CAH · JNJ · HCA · LLY

Provenance

Company facts, as filed

How we verify · 1 failure in 64 reconciliationsAUDITED

Reconciled in 13 of the 14 fiscal years we could check. Six checks were skipped: the balance sheet is not tagged before 2010. Three checks were skipped: EPS is not tagged before 2010. Three checks were skipped: revenue is not tagged before 2010.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency1 failure

ActivityLaboratory Apparatus & Furniture

Listed onOTC market

Incorporated inUtah

Fiscal year endsDecember 31

SEC categorysmaller reporting company

Data on record since2009