Manufactures engineered materials for various applications. Operates through three segments: Composite Fibers, Airlaid Materials, and Spunlace. Now — the numbers.
Revenue is spread across several lines; no single product carries the company.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
Average growth of 29% a year over the last 4 years. Red columns mark years that ended in a loss.
Before the clock runs out, either sales must climb sharply or new money must come in. This is the most critical line in the whole picture.
Executives buying with their own money is usually read as confidence in the company’s future.
An investor who bought at the very peak is down 91% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
Over the last 5 years, sales grew about 29% a year on average.
The company sells $3.3B a year; the problem isn’t sales — it’s costs running above that number.
Over the last 12 months, company executives reported 52 buys and 46 sells. Management buying with its own money is usually read as a good sign.
A loss of $133M against $3.3B in annual sales.
At the current pace of spending, the cash lasts about 2 years. After that, the company needs to find new money.
We don’t have a report card for this stock yet — the data isn’t mature enough to grade. No grade is information too: it means the evidence is thin.
One-line summary: few numbers, an untested story. Keep watching.
Not covered, because the filings we hold do not carry it: earnings execution.