Sector: Basic Materials | Industry: Commodity Chemicals |
Company Contact | |
Address: | 16441 Yonge St NEWMARKET ON L3X 2G8 |
Tel: | N/A |
Website: | https://airboss.com |
IR: | See website |
Key People | ||
P. Grenville Schoch Chairman of the Board, Chief Executive Officer | Chris Bitsakakis President, Chief Operating Officer | Frank Ientile Chief Financial Officer, Treasurer |
Patrick Callahan Chief Executive Officer of AirBoss Defense Group | Scott Lieberman President - AirBoss Rubber Solutions | Chris Figel Executive Vice President, General Counsel, Secretary |
Mikael Fryklund Executive Vice President, Chief Strategy Officer | Chris Laycoe Senior Vice President, General Manager of AirBoss Engineered Products | Ed Kiell Vice President - Corporate Supply Chain |
Business Overview |
AirBoss of America Corp. is a Canada-based company, which develops, manufactures, and markets rubber-based products. The Company serves its products to automotive, heavy commercial, construction and infrastructure, oil and gas, and defense sectors. The Company operates through three segments: AirBoss Defense Group, Rubber Solutions, and Engineered Products. Its AirBoss Defense Group segment includes the manufacturing and distribution of personal protection and safety products, primarily for CBRN-E threats, and the manufacture of semi-finished rubber related products. Its Rubber Solutions segment includes manufacturing and distribution of rubber compounds and distribution of rubber compounding related chemicals. Its Engineered Products manufacturing and distribution of anti-noise, vibration, and harshness dampening parts. The Company operates manufacturing facilities and sales offices in the United States and Canada, selling primarily in North American markets. |
Financial Overview |
For the fiscal year ended 31 December 2023, AirBoss of America Corp revenues decreased 11% to $426M. Net loss increased 31% to $41.7M. Revenues reflect United States segment decrease of 11% to $323.2M, Other countries segment decrease of 19% to $34.7M, Canada segment decrease of 3% to $68.1M. Higher net loss reflects Engineered Products segment loss increase from $11.3M to $37M, Unallocated Corporate costs segment loss increase from $3.1M to $12.8M. |
Employees: | 1,295 as of Dec 31, 2022 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $288.71M as of Dec 31, 2023 |
Annual revenue (TTM): | $583.65M as of Dec 31, 2023 |
EBITDA (TTM): | -$15.31M as of Dec 31, 2023 |
Net annual income (TTM): | -$57.20M as of Dec 31, 2023 |
Free cash flow (TTM): | $33.39M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $139.88M as of Dec 31, 2023 |
Shares outstanding: | 27,131,000 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |