Sigmatron International, Inc. (SGMA): Modelo de Negócios Canvas [Jan-2025 Atualizado]

No mundo dinâmico da fabricação de eletrônicos, a Sigmatron International, Inc. (SGMA) surge como uma potência de inovação e precisão, oferecendo soluções abrangentes que transformam desafios tecnológicos complexos em estratégias de produção simplificadas e eficientes. Ao criar meticulosamente um modelo de negócios que abrange várias indústrias de alta tecnologia-desde automotivo e aeroespacial até dispositivos médicos e telecomunicações-o Sigmatron se posicionou como um facilitador crítico de serviços de fabricação eletrônica de ponta. Sua abordagem única combina recursos tecnológicos avançados, alcance global e uma filosofia centrada no cliente que os diferencia no cenário competitivo da fabricação de contratos.

Sigmatron International, Inc. (SGMA) - Modelo de negócios: Parcerias -chave

Provedores de Serviços de Manufatura Eletrônica (EMS)

A Sigmatron International colabora com vários provedores de EMS para aprimorar as capacidades de fabricação.

Parceiro	Localização	Foco em parceria
Flex Ltd.	Cingapura	Conjunto da placa de circuito
Jabil Inc.	São Petersburgo, Flórida	Fabricação de componentes eletrônicos

Fornecedores de componentes semicondutores

A Sigmatron mantém parcerias estratégicas com fornecedores de semicondutores.

• Texas Instruments
• Dispositivos analógicos
• Microchip Technology

Empresas de pesquisa e desenvolvimento de tecnologia

As parcerias de P&D se concentram na inovação tecnológica e no desenvolvimento de produtos.

Instituição de pesquisa	Área de colaboração
Instituto de Tecnologia de Rochester	Técnicas avançadas de fabricação
Universidade Estadual do Arizona	Otimização do projeto eletrônico

Fabricantes de equipamentos originais (OEMs)

As parcerias OEM da Sigmatron abrangem vários setores.

• Fabricantes de eletrônicos automotivos
• Produtores de sistemas de controle industrial
• Empresas de equipamentos de telecomunicações

Parceiros de logística da cadeia de suprimentos

As parcerias de logística garantem distribuição global eficiente.

Provedor de logística	Serviços
FedEx Corporation	Envio global e distribuição
Soluções da cadeia de suprimentos da UPS	Gerenciamento de logística integrada

No ano fiscal de 2023, a Sigmatron International registrou US $ 231,4 milhões em receita total, alavancando essas parcerias importantes para manter as capacidades competitivas de fabricação.

Sigmatron International, Inc. (SGMA) - Modelo de negócios: Atividades -chave

Fabricação de placa de circuito eletrônico

A Sigmatron International opera várias instalações de fabricação em diferentes locais geográficos. No ano fiscal de 2023, a empresa mantinha as capacidades de fabricação em:

Localização	Capacidade de fabricação
Tijuana, México	3 instalações de fabricação
Fremont, Califórnia	1 Instalação de fabricação primária
Xangai, China	2 instalações de fabricação

Serviços de design e engenharia de produtos

A Sigmatron fornece suporte abrangente de engenharia com os seguintes recursos:

• Design para fabricação (DFM)
• Design de layout da placa de circuito impresso (PCB)
• Desenvolvimento de protótipo
• Consulta Avançada de Engenharia

Soluções de fabricação de contratos globais

A empresa oferece serviços de fabricação de ponta a ponta em vários setores:

Segmento da indústria	Porcentagem de receita
Eletrônica industrial	35%
Dispositivos médicos	25%
Telecomunicações	20%
Computador/periféricos	15%
Outros setores	5%

Garantia de qualidade e teste

Sigmatron mantém processos rigorosos de controle de qualidade:

• Certificação ISO 9001: 2015
• Padrões de montagem eletrônica da classe 3 IPC-A-610
• Certificação de gestão da qualidade aeroespacial AS9100D
• Equipamento de teste avançado para verificação abrangente da qualidade

Gerenciamento da cadeia de suprimentos e otimização

Métricas principais da cadeia de suprimentos para o ano fiscal de 2023:

Métrica	Valor
Total de fornecedores	287
Componente médio Lead Time	12-16 semanas
Taxa de rotatividade de inventário	5.7
Locais globais de fornecimento	8 países

Sigmatron International, Inc. (SGMA) - Modelo de negócios: Recursos -chave

Instalações de fabricação avançadas

A Sigmatron International opera 5 instalações de fabricação Em vários locais:

Localização	Tipo de instalação	Capacidade de fabricação
Fremont, Califórnia	Fabricação eletrônica	50.000 pés quadrados.
Tijuana, México	Conjunto da placa de circuito	75.000 pés quadrados.
Suzhou, China	Produção de componentes eletrônicos	60.000 pés quadrados.

Engenharia qualificada e força de trabalho técnica

Composição total da força de trabalho a partir de 2023:

• Total de funcionários: 1.142
• Equipe de engenharia: 237
• Especialistas técnicos: 312
• Experiência média de engenharia: 8,6 anos

Tecnologias de fabricação proprietárias

Capacidades tecnológicas -chave:

• Tecnologia de montagem de superfície (SMT) Linhas: 12
• Tecnologia do orifício (THT) Linhas: 6
• Equipamento avançado de fabricação de PCB: 4 sistemas especializados

Extensa rede de fabricação global

Região	Locais de fabricação	Capacidade de produção anual
América do Norte	2 instalações	500.000 unidades
Ásia	2 instalações	750.000 unidades

Sistemas robustos de controle de qualidade

Métricas de gestão da qualidade:

• Certificado ISO 9001: 2015
• Taxa de defeito: 0,02%
• Auditorias anuais de qualidade: 4
• Sistemas de inspeção automatizada: 8

Sigmatron International, Inc. (SGMA) - Modelo de negócios: proposições de valor

Soluções de fabricação eletrônicas de ponta a ponta

A Sigmatron International fornece serviços de fabricação abrangentes com os seguintes recursos importantes:

Categoria de serviço	Ofertas específicas
Engenharia de Design	Layout da PCB, design esquemático, desenvolvimento de protótipos
Fabricação	Montagem de superfície, montagem de tecnologia mista e orifício,
Teste	No circuito, testes funcionais e de queimaduras

Recursos de engenharia de alta precisão

Métricas de precisão técnica:

• Precisão de fabricação: ± 0,025 mm
• Controle de qualidade: Certificação Six Sigma
• Precisão de colocação de componentes: 99,98% de precisão

Serviços de produção flexíveis e escaláveis

Flexibilidade de produção demonstrada através de:

Métrica de produção	Capacidade
Capacidade de produção anual	2,5 milhões de placas de circuito
Configurações da linha de produção	6 linhas SMT totalmente automatizadas

Estratégias de fabricação econômicas

Abordagens de otimização de custos:

• Pegada de fabricação global em vários países
• Implementação de princípios de fabricação enxuta
• Estratégias de compras avançadas

Reviravolta rápida e entrega confiável

Métricas de desempenho de entrega:

Métrica de entrega	Desempenho
Taxa de entrega no tempo	97.5%
Reviravolta em protótipo médio	10 dias úteis

Sigmatron International, Inc. (SGMA) - Modelo de Negócios: Relacionamentos do Cliente

Parcerias estratégicas de longo prazo

A Sigmatron International mantém parcerias estratégicas com os principais clientes em serviços de fabricação de eletrônicos (EMS) em vários setores.

Setor da indústria	Número de parcerias estratégicas	Duração média da parceria
Eletrônica industrial	12	8,5 anos
Dispositivos médicos	7	6,3 anos
Telecomunicações	5	7,2 anos

Equipes de gerenciamento de contas dedicadas

Abordagem de gerenciamento de conta específica do cliente com equipes especializadas designadas para os principais clientes.

• Total de gerentes de contas dedicadas: 22
• Gerente médio de contas para o cliente: 1: 3
• Taxa anual de retenção de clientes: 94,6%

Suporte de engenharia personalizado

A Sigmatron fornece soluções de engenharia personalizadas para requisitos de fabricação complexos.

Categoria de suporte de engenharia	Horário de apoio anual	Tempo médio de resposta
Consulta de projeto	3.750 horas	24 horas
Desenvolvimento de protótipo	2.100 horas	48 horas

Consulta técnica contínua

Estrutura de suporte técnico proativo garantir a comunicação contínua do cliente e a resolução de problemas.

• Canais de consulta técnica:
  • Suporte ao telefone direto
  • Assistência por e -mail
  • Sistema de Emissão de Emissão de Ticket on -line
  • Reuniões trimestrais de revisão técnica
• TEMPO DE RESOLUÇÃO TÉCNICO DA RESOLUÇÃO TÉCNICA: 36 horas
• Interações anuais de consulta técnica: 1.850

Modelo de atendimento ao cliente responsivo

Infraestrutura abrangente de atendimento ao cliente projetada para maximizar a satisfação do cliente.

Métrica de serviço	Indicador de desempenho
Classificação de satisfação do cliente	92.3%
Taxa de resolução de primeiro contato	87.5%
Tempo médio de resposta	2,1 horas

Sigmatron International, Inc. (SGMA) - Modelo de negócios: canais

Equipe de vendas diretas

A partir de 2024, a Sigmatron International mantém uma força de vendas direta de 37 profissionais de vendas dedicados em várias regiões geográficas.

Composição da equipe de vendas	Número de representantes
América do Norte	18
Ásia-Pacífico	12
Europa	7

Plataformas digitais online

A Sigmatron utiliza vários canais de vendas digitais com as seguintes métricas:

• Site corporativo: 124.567 visitantes mensais únicos
• Volume de transação da plataforma de comércio eletrônico: US $ 3,2 milhões por trimestre
• Solicitações de cotação digital: 456 por mês

Feiras e conferências do setor

Participação anual em 12 principais feiras de fabricação eletrônica com custos médios de exibição de US $ 287.000.

Feira de feira	Localização	Geração estimada de chumbo
Apex Expo	San Diego, CA.	87 leads qualificados
produttronica	Munique, Alemanha	62 leads qualificados

Representantes de vendas técnicas

A Sigmatron emprega 22 representantes de vendas técnicas dedicadas com formação especializada em engenharia.

• Experiência representativa de vendas técnicas médias: 8,5 anos
• Tempo de resposta de suporte técnico: 2,3 horas
• Classificação de satisfação do cliente: 94,6%

Escritórios de vendas regionais em todo o mundo

A Sigmatron mantém 6 escritórios de vendas regionais globalmente.

Região	Localização do escritório	Área de cobertura de vendas
América do Norte	Irvine, Califórnia	Estados Unidos e Canadá
Ásia-Pacífico	Cingapura	Mercados do Sudeste Asiático
Europa	Frankfurt, Alemanha	Países da União Europeia

Sigmatron International, Inc. (SGMA) - Modelo de negócios: segmentos de clientes

Fabricantes de eletrônicos automotivos

A Sigmatron International atende fabricantes de eletrônicos automotivos com soluções de fabricação de precisão.

Característica do segmento de clientes	Detalhes específicos
Tamanho total do mercado de eletrônicos automotivos	US $ 287,3 bilhões (2023)
Porcentagem da receita da Sigmatron da Automotive	32.5%
Principais clientes automotivos	Fornecedores automotivos de Nível 1 e Nível 2

Produtores de equipamentos industriais

A Sigmatron fornece serviços de fabricação para fabricantes de equipamentos industriais.

• Receita do segmento de mercado de equipamentos industriais: US $ 45,6 milhões (2023)
• Nível de complexidade de fabricação: alta precisão
• Ofertas de serviço primário: montagem eletrônica, desenvolvimento de protótipos

Empresas de telecomunicações

O setor de telecomunicações representa um segmento de clientes significativo para a Sigmatron.

Métricas do segmento de telecomunicações	Valor
Contribuição da receita de telecomunicações	24,7% da receita total da empresa
Número de clientes de telecomunicações	17 clientes ativos

Fabricantes de dispositivos médicos

A Sigmatron suporta fabricantes de dispositivos médicos com recursos de fabricação especializados.

• Tamanho do segmento de mercado de dispositivos médicos: US $ 28,3 milhões (2023)
• Conformidade regulatória: Certificada ISO 13485
• Principais áreas de foco: equipamento de diagnóstico, sistemas de monitoramento de pacientes

Empreiteiros aeroespaciais e de defesa

Aeroespacial e defesa representam um segmento crítico de clientes para Sigmatron.

Detalhes do segmento aeroespacial e de defesa	Dados específicos
Receita de segmento	US $ 22,4 milhões (2023)
Número de contratos de defesa ativos	9 contratos atuais
Porcentagem de fabricação de alta confiabilidade	98,7% de taxa de garantia de qualidade

Sigmatron International, Inc. (SGMA) - Modelo de negócios: estrutura de custos

Investimentos de equipamentos de fabricação

No ano fiscal de 2023, as despesas totais de capital da Sigmatron International para equipamentos de fabricação foram de US $ 2,1 milhões. A empresa investiu em equipamentos de fabricação eletrônica de precisão em suas instalações de produção.

Categoria de equipamento	Valor do investimento
Equipamento de tecnologia de montagem de superfície (SMT)	$850,000
Sistemas de inspeção automatizados	$425,000
Máquinas de solda de ondas	$375,000
Instrumentos de teste e medição	$450,000

Despesas de força de trabalho e trabalho técnico

No ano fiscal de 2023, os custos totais de mão -de -obra da Sigmatron foram de aproximadamente US $ 24,6 milhões, distribuídos em vários locais de fabricação.

• Total de funcionários: 830
• Salário médio anual por funcionário: US $ 29.600
• Porcentagem técnica da equipe: 35%
• Custos de mão -de -obra de fabricação: US $ 18,2 milhões
• Custos de equipe de engenharia e suporte: US $ 6,4 milhões

Custos de aquisição de matéria -prima

As despesas de matéria -prima para 2023 totalizaram US $ 72,3 milhões, representando uma parcela significativa dos custos operacionais da empresa.

Categoria de material	Custo de compras	Porcentagem de total
Componentes eletrônicos	US $ 45,1 milhões	62.4%
Materiais de placa de circuito impresso	US $ 15,6 milhões	21.6%
Componentes mecânicos	US $ 11,6 milhões	16%

Despesas de pesquisa e desenvolvimento

A Sigmatron alocou US $ 3,7 milhões às atividades de pesquisa e desenvolvimento em 2023, com foco em tecnologias avançadas de fabricação e melhorias de processos.

• Pessoal de P&D: 45 funcionários
• Despesa de P&D como porcentagem de receita: 2,1%
• Principais áreas de foco:
  • Processos avançados de fabricação
  • Otimização do projeto eletrônico
  • Tecnologias de controle de qualidade

Manutenção de infraestrutura operacional global

Os custos totais de manutenção de infraestrutura operacional para 2023 foram de US $ 5,2 milhões, cobrindo instalações nos Estados Unidos e na Ásia.

Localização	Despesa de manutenção	Tamanho da instalação
Califórnia, EUA	US $ 2,1 milhões	52.000 pés quadrados.
Suzhou, China	US $ 1,8 milhão	45.000 pés quadrados.
Outras instalações	US $ 1,3 milhão	Vários locais

Sigmatron International, Inc. (SGMA) - Modelo de negócios: fluxos de receita

Serviços de fabricação contratados

No ano fiscal de 2023, a Sigmatron International gerou aproximadamente US $ 183,4 milhões em receita total dos serviços de fabricação de contratos em vários setores do setor.

Segmento da indústria	Contribuição da receita
Eletrônica industrial	US $ 62,7 milhões
Dispositivos médicos	US $ 41,3 milhões
Telecomunicações	US $ 37,5 milhões
Eletrônica automotiva	US $ 41,9 milhões

Taxas de design de engenharia

As taxas de design de engenharia representavam US $ 8,2 milhões em receita para o ano fiscal de 2023, com áreas de foco importantes, incluindo:

• Desenvolvimento de protótipo
• Design da placa de circuito
• Otimização do processo de fabricação

Desenvolvimento de protótipo do produto

A Sigmatron registrou US $ 5,6 milhões em receita dos Serviços de Desenvolvimento de Protótipos de Produto em 2023, com um valor médio do projeto de US $ 275.000.

Contratos de fabricação baseados em volume

Os contratos de fabricação baseados em volume geraram US $ 97,6 milhões em receita durante o ano fiscal de 2023, com um valor médio de contrato de US $ 3,2 milhões.

Tipo de contrato	Valor médio anual
Acordos de fabricação de longo prazo	US $ 4,5 milhões
Contratos de produção de curto prazo	US $ 1,8 milhão

Serviços técnicos de valor agregado

Os serviços técnicos de valor agregado contribuíram com US $ 12,3 milhões para a receita da Sigmatron em 2023, incluindo:

• Gestão da cadeia de abastecimento
• Fornecimento de componentes
• Teste de garantia de qualidade

SigmaTron International, Inc. (SGMA) - Canvas Business Model: Value Propositions

You're looking at the core promises SigmaTron International, Inc. makes to its customers-the reasons they choose them over the massive contract manufacturers. It's about precision and flexibility, not just scale.

One Source, Global Options® for flexible nearshore/offshore production

This proposition centers on giving you options across their network. They aren't putting all your eggs in one geopolitical basket. This flexibility is supported by a physical footprint designed for regional sourcing strategies.

SigmaTron International, Inc. maintains facilities across key regions to support this global reach:

• U.S. location(s)
• Mexico location(s)
• China location(s)
• Vietnam location(s)

Here's a quick look at the scale of their operational base as of late 2025, even while navigating a tough market where their Trailing Twelve Months (TTM) revenue stood at approximately $0.31 Billion USD as of November 2025.

Metric	Value/Count	Context Year/Period
TTM Revenue	$0.31 Billion USD	As of November 2025
Total Manufacturing Space	Over 830,000 square feet	As of FY20
SMT Lines	Over 49 lines	To date
Active Customers	Over 168	Recent data

High-reliability manufacturing for mission-critical applications

SigmaTron International, Inc. doesn't chase every low-margin consumer widget; they focus on sectors where failure isn't an option. This means building products for demanding industries.

They serve a broad spectrum of markets that require this high-reliability focus:

• Medical/Life Sciences Devices
• Defense and Aerospace Programs
• Industrial Electronics and Automation
• Automotive and Telecommunications

The commitment to this level of quality is backed by their investment in people; their workforce has grown by 155% in 10 years to 2,800+ employees, many of whom are trained in advanced methodologies.

Full product lifecycle support from design to post-manufacturing

This value proposition means they partner with you from the very start, not just when the design is finalized. They integrate their expertise early to save you headaches later.

Key support services include:

• Design for Manufacturability (DFM) and Design for Testability (DFT) Consultation
• Robust Component Sourcing and Supply Chain Management
• Post-Manufacturing Solutions

Their supply chain management leverages regional Purchasing teams utilizing real-time systems to track inventory globally. This end-to-end service is what keeps them relevant, even when the top-line numbers are pressured, such as the nine-month fiscal 2025 revenue ending January 31, 2025, which was $230.6 million, down 21 percent year-over-year.

Customized, high-mix, medium-volume solutions for OEMs

They position themselves as the right size for Original Equipment Manufacturers (OEMs) needing complexity over sheer volume. They aren't trying to be the biggest; they aim to be the most adaptable partner for specific needs.

This customization is evident in their operational philosophy. While Q3 fiscal 2025 revenue (ended January 31, 2025) was $71.1 million, down 26 percent, the structure allows them to manage a high mix of programs for their customer base, which includes over 168 active customers.

Adherence to stringent quality standards (e.g., ISO 9001:2015)

Quality isn't a department; it's an embedded system. They ensure superior quality through a combination of well-trained people and robust systems, led by a Corporate Director of Quality and Compliance.

The commitment is formalized through numerous registrations:

• Over 7 quality certifications and registrations maintained.
• Deployment of Six Sigma Black Belts throughout the organization.
• Use of Six Sigma tools to drive improvement in manufacturing and administrative processes.

This focus on process control is critical, especially for their medical device customers who require industry-specific registrations like ISO 13485, which they possess. This operational rigor is what they promise, regardless of the quarterly financial noise, such as the Q3 fiscal 2025 net income of $3.9 million, which was significantly boosted by a $7.2 million one-time gain.

Finance: draft 13-week cash view by Friday.

SigmaTron International, Inc. (SGMA) - Canvas Business Model: Customer Relationships

You're looking at how SigmaTron International, Inc. manages the crucial link to its clients, which is especially important given the recent financial environment. Honestly, the relationship strategy has to be rock-solid when TTM revenue is around $0.31 Billion USD as of late 2025.

Dedicated account management for small to medium-sized OEMs

SigmaTron International, Inc. positions itself as being large enough to handle big commercialization efforts but small enough to customize service mixes for each client. This suggests a tailored approach, which often means dedicated attention, even for smaller Original Equipment Manufacturers (OEMs). The company's global footprint-seven manufacturing facilities across the United States, Mexico, China, and Vietnam-is the operational backbone supporting this localized relationship management.

High-touch, consultative relationship for complex, regulated products

For certain client segments, the relationship moves beyond simple transaction processing. Medical device and life science customers, for example, require maintaining superior product quality in a highly regulated environment while keeping costs competitive. This necessity drives a high-touch, consultative approach. The company's focus on end-to-end product lifecycle management for sectors like medical devices and defense requires deep integration into the customer's quality and compliance processes.

Long-term contracts and recurring business model

While specific contract terms are proprietary, the EMS model inherently relies on recurring business tied to product lifecycles. The company's operational structure, centered around its 'One Source, Global Options®' philosophy, is designed to foster long-term partnerships by offering supply chain flexibility. One specific contract mentioned in prior filings was set to expire on April 30, 2025, indicating the typical term structures in play. The near-term focus on inventory normalization and gradual demand recovery suggests management is working to secure future volume based on these established relationships.

Collaborative design and New Product Introduction (NPI) support

SigmaTron International, Inc. views New Product Introduction (NPI) as an opportunity to embed production-ready processes from the start. This is a highly collaborative function, offering product improvement recommendations like Design for Manufacturing (DFM) and Design for Test (DFT). The Elgin facility, for instance, led system-wide NPI capabilities in the prior fiscal year, expanding its DFx assessment and custom test development benefits across multiple industrial submarkets.

The NPI services include specific turnaround times to support rapid customer development:

• Quick-turn service: 1-3 days
• Standard service: 3-5 days
• Dedicated NPI lines and process team availability
• Testing options with minimal programming/tooling cost

The scale of operations managed through these relationships is reflected in the recent financial performance, which underscores the importance of maintaining high utilization across their global footprint:

Financial Metric (as of Late 2025)	Amount
Trailing Twelve Month (TTM) Revenue	$0.31 Billion USD
Q3 Fiscal 2025 Revenue	$71.1 million
Nine-Month Fiscal 2025 Revenue	$230.6 million
Q3 Fiscal 2025 Net Income (Including One-Time Gain)	$3.9 million
Q3 Fiscal 2025 Operating Loss (Underlying Operations)	$(0.8) million
Q3 Fiscal 2025 Gross Margin	7.8%
Q3 Fiscal 2025 Interest Expense	$3.33 million

Finance: draft the Q4 2025 revenue forecast based on backlog commentary by next Tuesday.

SigmaTron International, Inc. (SGMA) - Canvas Business Model: Channels

You're looking at how SigmaTron International, Inc. gets its Electronic Manufacturing Services (EMS) to the customer, which is all about a global, integrated physical footprint. The company's channel strategy hinges on being physically present where their Original Equipment Manufacturer (OEM) clients need them, supporting that with centralized procurement.

Direct sales force targeting Original Equipment Manufacturers (OEMs)

SigmaTron International, Inc. channels its services directly to OEMs, meaning there aren't layers of distributors or resellers in the primary sales path. This direct engagement is managed by a dedicated sales organization, led by roles like the Vice President of Sales, who focuses on building and managing those core customer relationships. This approach is necessary because the services-intricate PCB assembly, box build, and testing-require deep, early-stage collaboration, often starting with Design for Manufacturability (DFM) consultation. The scale of this direct channel is supported by the company's workforce, which stood at approximately 2,750 employees as of July 2025.

The company's philosophy, often described as One Source, Global Options®, is the backbone of this channel, allowing a customer to initiate a program in the U.S. and scale it seamlessly into Asia. This direct-to-OEM model is designed to capture the full value of their vertically integrated services.

Global network of seven manufacturing facilities

The physical delivery channel is built around a strategic global network. SigmaTron International, Inc. operates a total of seven manufacturing facilities to provide geographic diversification and risk mitigation for its international customer base. This physical presence allows for localized support and optimized supply chain dynamics for clients across various markets, including industrial automation and medical devices.

Here's a breakdown of the known locations that form this delivery network:

Region	Facility Location(s)	Known Operational Role
United States	Elk Grove Village, Illinois; Union City, California	Manufacturing, Design Services Center (DSC)
Mexico	Acuna, Chihuahua; Tijuana	Manufacturing
China	Suzhou	Manufacturing
Vietnam	Biên Hòa City	Manufacturing

The output from this network generated revenues of $71.1 million in the third quarter of fiscal 2025, showing the direct financial output of this physical channel.

International Procurement Office (IPO) for centralized sourcing

While manufacturing facilities handle the physical build, the sourcing channel is centralized to drive cost-efficiency. SigmaTron International, Inc. maintains an International Procurement Office (IPO), which also functions as its Compliance and Sustainability Center, located in Taipei, Taiwan. This office centralizes sourcing activities to help manage supply chain spend and deliver competitive pricing, which is a critical part of the value proposition to the OEM customer.

Direct fulfillment and logistics services to customer end-markets

The final step in the channel involves getting the finished product to the customer's required destination. SigmaTron International, Inc. provides direct fulfillment capabilities, managing the logistics from its manufacturing sites to the customer end-markets. This is integrated into their service offering, which includes full product lifecycle management. The company's focus on on-time delivery is a key performance indicator for this channel. The company is actively working on reducing inventory, which stood at $106.98 million as of January 31, 2025, to streamline working capital and improve the efficiency of this fulfillment pipeline.

The effectiveness of this channel strategy is reflected in the company's guidance, where management expected Q4 fiscal 2025 revenue to be higher than Q3 fiscal 2025 revenue based on the current backlog.

SigmaTron International, Inc. (SGMA) - Canvas Business Model: Customer Segments

SigmaTron International, Inc. provides electronic manufacturing services (EMS) to customers across several distinct end-user markets, a mix that was being actively rebalanced as of late 2025.

Industrial Electronics and Automation manufacturers

This segment represented a significant portion of the business, showing strong historical growth. For Fiscal Year 2023, industrial programs grew by 13.8% year-over-year and accounted for 67% of total revenues for that year. The company emphasizes offering complex, complete build printed circuit board assembly (PCBA) programs to these clients.

Medical/Life Sciences device companies

SigmaTron International, Inc. serves the Medical/Life Sciences industry. The company's commitment to common real-time systems across global facilities supports the superior product quality and regulatory compliance required by these highly regulated markets.

Defense and Aerospace programs

The focus on superior product quality and regulatory compliance, supported by system-wide approaches, positions SigmaTron International, Inc. to serve programs in the aerospace and defense sectors.

Automotive and Telecommunications equipment producers

While the company serves diverse end-user markets, specific, segment-level revenue contribution figures for Automotive and Telecommunications equipment producers for the latest fiscal periods were not explicitly broken out in the same detail as the Industrial segment.

Small to medium-sized Original Equipment Manufacturers (OEMs)

SigmaTron International, Inc. positions itself as a total solutions provider, offering services from engineering to fulfillment, which is designed to support a broad base of customers, including smaller OEMs seeking flexible manufacturing options through the company's global network.

The overall revenue context for late 2025, reflecting market softness, shows the scale against which these segments are currently operating:

Metric	Value	Date/Period
Revenue (TTM)	$311.71 Million USD	Trailing Twelve Months ending January 31, 2025
Revenue (9 Months)	$230.6 Million USD	Nine months ended January 31, 2025
Revenue (Q3)	$71.1 Million USD	Fiscal Quarter ended January 31, 2025
Industrial Segment Revenue Contribution (FY2023)	67% of Total Revenues	Fiscal Year 2023

The company markets its services through independent manufacturers' representative organizations. Following the completion of the Transom Capital acquisition in July 2025, the strategic focus on these customer segments is subject to the new ownership's direction.

• The company offers services including printed circuit board assemblies (PCBAs) and completely assembled (box-build) electronic products.
• The global network includes facilities in the United States, Mexico, China, and Vietnam.
• The company's approach is branded as One Source, Global Options®.

SigmaTron International, Inc. (SGMA) - Canvas Business Model: Cost Structure

The cost structure for SigmaTron International, Inc. (SGMA) is heavily influenced by the direct costs associated with its manufacturing operations, alongside significant financing expenses due to recent debt restructuring.

Cost of Goods Sold (COGS) for materials and components represents the single largest component of SigmaTron International, Inc.'s cost base. This cost category directly reflects the fluctuating prices and availability of raw materials and electronic components used in the assembly of their products. For the three-month period ended January 31, 2025, the Cost of products sold was $65,514,800, which was 92.1% of the $71.1 million in net sales for that quarter. Over the nine-month period ending January 31, 2025, this cost totaled $211,701,740.

Manufacturing labor and overhead costs across multiple geographies are embedded within the Cost of Products Sold. While a specific breakdown isn't provided, the overall gross margin compression suggests ongoing pressure on these operational costs relative to revenue. For instance, the gross margin for Q3 FY2025 compressed to 7.8%, indicating that direct manufacturing costs, including labor and overhead, consumed the vast majority of sales revenue. Management has been actively reducing the cost structure, reporting an operating profit in January 2025, which suggests some success in controlling these variable and fixed manufacturing expenses.

The financial structure introduced notable non-operating costs. Elevated interest expense was a clear factor, rising to $3.33 million in the third quarter of fiscal year 2025 (the three months ended January 31, 2025). This increase is directly tied to the financing arrangements SigmaTron International, Inc. put in place.

The costs related to debt modification and financing structure were significant in the preceding quarter. Approximately $3.3 million of expenses were recorded during the second quarter of fiscal 2025 related to debt modification, expensing of deferred financing costs, and lender warrants after remeasurement. Furthermore, an additional approximately $5.0 million noncash deferred tax charge was taken in that same period. These actions were necessary following amendments to credit agreements, which included waivers for covenant noncompliance.

Operating expenses for sales, general, and administrative (SG&A) have seen slight reductions as the company focuses on cost discipline. Here's a comparison of the SG&A line item:

Period Ended	SG&A Expense Amount	As Percentage of Net Sales (where available)
January 31, 2025 (Q3 FY2025)	$6,378,141	9.0%
January 31, 2024 (Q3 FY2024)	$6,683,488	7.0%
October 31, 2024 (Q2 FY2025, 3 months)	$6,370,511	N/A
October 31, 2024 (6 months)	$12,994,377	N/A

The reduction in SG&A for the three months ended January 31, 2025, compared to the prior year's quarter, was primarily due to a decrease in bonus expense and miscellaneous items.

The financing structure also involves ongoing obligations tied to the debt amendments:

• Revolving commitment reduction from $70 million to $55 million.
• Requirement to pay a cash amendment fee and monthly ticking fees until certain financial ratios are met or exceeded.
• Agreement to pursue a Replacement Transaction by September 30, 2025, unless a Total Debt to EBITDA Ratio of less than or equal to 4.25:1.0 is achieved by the end of August 2025.
• Issuance of warrants to purchase shares of common stock as part of the agreement.

Net debt and covenant pressures continue, with debt largely classified as current, repeating a going concern risk pending covenant compliance or the Replacement Transaction by September 2025.

SigmaTron International, Inc. (SGMA) - Canvas Business Model: Revenue Streams

You're looking at how SigmaTron International, Inc. brings in the cash, which is pretty straightforward for an electronic manufacturing services (EMS) provider. The core of the revenue comes from Electronic Manufacturing Services (EMS) contracts, which covers the assembly and production work you expect from a company like SigmaTron International, Inc. This also bundles in revenue from value-added services like design and testing, which are integrated into those larger manufacturing agreements.

To give you a sense of the scale as of early 2025, the trailing twelve-month (TTM) revenue, covering the period up to January 31, 2025, stood at $311.71 Million USD. That's just shy of the $0.31 Billion mark you mentioned, but it's the hard number from the latest full TTM period reported. Honestly, the near-term picture shows some softness, but management is looking for a gradual upturn.

Let's look at the most recent quarterly snapshot. For the three-month period ended January 31, 2025, which is the third quarter of fiscal year 2025 (Q3 FY2025), SigmaTron International, Inc. reported total revenues of $71.1 million. That was a year-over-year decrease of 26 percent from the prior year's Q3. You can see the sequential pressure too: revenue dropped from $84.8 million in Q1 to $74.7 million in Q2, ending at $71.1 million in Q3.

Now, here's a critical point for your analysis: the reported net income for Q3 FY2025 was significantly boosted by a non-operating item. SigmaTron International, Inc. recorded a one-time non-operating gain of approximately $7.2 million during that quarter, which came from a sale/leaseback transaction for their facility in Elk Grove Village, Illinois. Without that gain, the underlying operations showed weakness, with the quarter posting an operating loss of $\$(0.8)M$ and the gross margin compressing to 7.8%.

Here's a quick look at those key financial figures from the recent reporting period:

Metric	Amount/Value	Period/Context
Trailing Twelve-Month Revenue	$311.71 Million USD	Period ending January 31, 2025
Q3 FY2025 Revenue	$71.1 million	Three months ended January 31, 2025
Nine-Month Period Revenue	$230.6 million	Period ended January 31, 2025
Sale/Leaseback Non-Operating Gain	Approximately $7.2 million	Q3 FY2025
Q3 FY2025 Gross Margin	7.8%	Three months ended January 31, 2025

The revenue streams are fundamentally tied to the volume of EMS work secured. You should keep an eye on the backlog, as management suggested it points toward Q4 revenue being higher than the Q3 figure of $71.1 million, though they characterized the recovery as gradual. The reliance on these large contracts means revenue recognition can be lumpy, so that one-time gain really highlights the difference between reported net income and operational performance.

The core revenue generation activities include:

• Revenue from Electronic Manufacturing Services (EMS) contracts.
• Revenue from integrated value-added services like design and testing.
• One-time, non-recurring cash inflow from asset realization events, such as the Q3 FY2025 sale/leaseback.

Finance: draft 13-week cash view by Friday.