Company: SXI
Filing Date: 2025-08-04
Form Type: 10-K
Source: 0001437749-25-024450
Chunk: 492

Company: STANDEX INTERNATIONAL CORP/DE/
Filing Date: 2025-08-04
Form: 10-K
Item: Item 5
Chunk 492
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, or 22.9%, when compared to the prior year. Sales increase was attributable to the acquisition of McStarlite which added $11.6 million to revenue and an organic sales increase of $5.8 million, or 8.6% driven by growth in the space and aviation end markets. 

Income from operations in fiscal year 2025 increased by $0.2 million, or 1.4% primarily related to the McStarlite acquisition. This growth is attributed to increased sales volume across the aviation markets and space markets combined with the McStarlite acquisition, and productivity initiatives. 

Net sales in fiscal year 2024 increased $2.4 million, or 3.0%, when compared to the prior year. The organic sales increase was

driven by improvement in the aviation and space end markets, more favorable project timing, and growth in new applications. 

Income from operations in fiscal year 2024 increased $4.2 million, or 37.7%, when compared to the prior year. The increase was primarily due to the impact of pricing and productivity initiatives, partially offset by research and development. 

Scientific

      2025 compared to 2024 

      2024 compared to 2023 

      (in thousands except 

     %

     %

      percentages) 

     2025

     2024

     Change

     2024

     2023

     Change

      Net sales 

     $72,380

     $68,931

     5.0%

     $68,931

     $74,924

     (8.0%)

      Income from operations 

     17,470

     19,000

     (8.1%)

     19,000

     17,109

     11.1%

      Operating income margin 

     24.1%

     27.6%

     27.6%

     22.8%

Net sales in fiscal year 2025 increased by $3.4 million, or 5.0% when compared to the prior year, due to benefit from the Custom Biogenic Systems acquisition, mostly offset by an organic decline from lower demand at academic and research institutions that were impacted by NIH funding cuts. 

Income from operations in fiscal year 2025 decreased by $1.5 million,