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 |
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 |