Steel Connect, Inc.: Business Overview, Financials & Competitive Analysis
Steel Connect, Inc. scores 5/10 on the AskCyborg Cyborg Score (Mixed). Legacy supply chain provider with growth potential but challenged margins competing in consolidating logistics market. Net revenue grew 22.1% in Q1 fiscal 2025 to $50.49 million, but net income decreased to $2.37 million from $4.44 million year-over-year. The company maintains strong liquidity but faces margin compression amid ongoing operational.
What is Steel Connect, Inc.'s industry? Steel Connect, Inc. (steelconnectinc.com) operates in Supply Chain Management & Logistics. AskCyborg classifies Steel Connect, Inc. under Supply Chain Management & Logistics in its company registry.
Steel Connect, Inc. is a diversified holding company with a wholly-owned subsidiary, ModusLink Corporation. It is an end-to-end global supply chain solutions and e-commerce provider serving clients in markets, such as...
Cyborg Score thesis
Legacy supply chain provider with growth potential but challenged margins competing in consolidating logistics...
Read the full analyst-debate transcript →Get the Latest Steel Connect, Inc. Report
Up-to-date AI-powered research, analyst debate audio & saved-company playlists
Get Current Report FreeSteel Connect, Inc. Overview
Pro stress-test →Steel Connect, Inc. is a diversified holding company with a wholly-owned subsidiary, ModusLink Corporation. It is an end-to-end global supply chain solutions and e-commerce provider serving clients in markets, such as consumer electronics, communications, computing, medical devices, software and retail.
Strategic Profile
Pro stress-test →The company designs and executes various elements in its client's global supply chains, delivering solutions through a combination of industry expertise, service solutions, integrated operations, business processes, a global footprint and technology. It produces and licenses an entitlement management solution powered by its enterprise-class Poetic software, which offers a complete solution for activation, provisioning, entitlement subscription, and data collection from physical goods and digital products.
Competitive Landscape
Pro stress-test →Steel Connect provides supply chain services in the United States, Mainland China, the Netherlands, Singapore, the Czech Republic, and internationally, competing with established logistics and supply chain providers including DHL Supply Chain, Geodis, and smaller regional 3PL operators. The company's differentiation lies in specialized services for electronics and technology markets with proprietary software solutions.
Industry Context
Steel Connect, Inc. operates in Supply Chain Management & Logistics.
Key facts
Founded: 1986 · Headquarters: Smyrna, Tennessee · Revenue: $50.49M · Market cap: $63M