Nanophase Technologies Corporation (PK:NANX)

Business Focus: Specialty Chemicals

Sector:  Basic Materials Industry:  Specialty Chemicals
 
See Regulatory Filings on SEC
Company Contact
Address: 1319 MARQUETTE DRIVE
ROMEOVILLE IL 60446
Tel: N/A
Website: nanophase.com
IR: See website
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Key People
Rebecca Janet Whitmore
Chairman of the Board
Jess A. Jankowski
President, Chief Executive Officer, Chief Financial Officer, Director
 
Business Overview
Nanophase Technologies Corporation is engaged in minerals-based and scientifically driven healthcare solutions across beauty and life science categories. The Company offers soup-to-nuts production, from engineered materials, formulation development, and finished product development, to commercial manufacturing and packaging capabilities. Its capabilities in materials engineering allow it to coat and disperse materials on a nano and non-nano scale for use in a variety of markets in skin health, including for use in sunscreens as active pharmaceutical ingredients (APIs) and as fully developed skincare products, marketed and sold through its wholly owned subsidiary, Solesence, LLC. The Company manufactures and supplies metric tons of surface-engineered zinc oxide and titanium dioxide to its customers, and these are used by major global consumer products companies for sunscreens and skin health-focused personal care products. It also manufactures and sells advanced nanoparticle materials.
Financial Overview
For the fiscal year ended 31 December 2023, Nanophase Technologies Corporation revenues remained flat at $37.3M. Net loss increased 67% to $4.4M. Revenues reflect Solésence segment increase of 9% to $25.2M, also reflect Personal Care Ingredients segment decrease of 17% to $9.3M, Advanced Materials segment decrease of 9% to $2.8M. Higher net loss reflects Research and development expense increase of 26% to $3.8M (expense).
Employees: 79 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $67.73M as of Mar 31, 2024
Annual revenue (TTM): $37.30M as of Mar 31, 2024
EBITDA (TTM): -$2.80M as of Mar 31, 2024
Net annual income (TTM): -$4.39M as of Mar 31, 2024
Free cash flow (TTM): -$3.06M as of Mar 31, 2024
Net Debt Last Fiscal Year: $9.09M as of Mar 31, 2024
Shares outstanding: 54,801,834 as of Mar 28, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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