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Naturally Advan Tech (CRLRF)

Naturally Advan Tech (CRLRF)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
Crailar Technologies Inc was incorporated under the laws of British Columbia, Canada, on October 6, 1998, under the name Hemptown Clothing Inc. The Company is engaged in bringing sustainable bast fiber-based products to market that are environmentally friendly natural fiber alternatives with equivalent or superior performance characteristics to cotton, wood or fossil-fuel based fibers. Its business operations consist mainly of the deployment and production of our natural and proprietary CRAiLAR Flax fibers, as well CRAiLAR processing technologies targeted at the natural yarn and textile and the cellulose pulp and composites industries. It holds the exclusive license to the patented CRAiLAR technologies. The Company's patented process effectively cleans and polishes raw bast fiber, such as flax, hemp, kenaf and jute bast fibers, into fiber equivalent to ginned cotton. The Company has entered into development and supply agreements with companies such as adidas AG, Georgia-Pacific, Hanesbrands Inc., IKEA, Lenzing and Levis Strauss & Co. to supply approximately 7.4 million pounds of CRAiLAR Flax fibers in 2014 and approximately 8.5 million pounds in 2015 in order to retain their exclusive right. The Company's operations are subject to the effects of international treaties and regulations such as the North American Free Trade Agreement (NAFTA).
(Values in U.S. Thousands) Dec, 2014 Dec, 2013 Dec, 2012 Dec, 2011 Dec, 2010
Sales 4,190 580 0 0 0
Sales Growth +622.41% unch unch unch unch
Net Income -14,170 -15,170 -9,310 -6,990 -3,290
Net Income Growth +6.59% -62.94% -33.19% -112.46% +16.50%
(Values in U.S. Thousands) Dec, 2014 Dec, 2013 Dec, 2012 Dec, 2011 Dec, 2010
Total Assets 16,190 21,490 20,320 10,880 250
Total Assets Growth -24.66% +5.76% +86.76% +4,252.00% -66.22%
Total Liabilities 23,460 23,500 13,420 1,640 2,770
Total Liabilities Growth -0.17% +75.11% +718.29% -40.79% +62.94%
(Values in U.S. Thousands) Dec, 2014 Dec, 2013 Dec, 2012 Dec, 2011 Dec, 2010
Operating Cash Flow -9,850 -8,080 -5,890 -5,320 -1,980
Operating Cash Flow Growth -21.91% -37.18% -10.71% -168.69% -9.39%
Net Cash Flow 0 -1,680 -3,460 6,320 -400
Change in Net Cash Flow +100.00% +51.45% -154.75% +1,680.00% -500.00%
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