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Ecosynthetix Inc (ECO.TO)

Ecosynthetix Inc (ECO.TO)
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EcoSynthetix Inc is a renewable chemicals company. It is engaged in the development and commercialization of ecologically friendly bio-based technologies as replacement solutions for synthetic, petrochemical-based adhesives and other related products. The company operates in one reportable segment and generates revenue from its biopolymer nanosphere technology platform. Its products include EcoSphere biolatex and DuraBindTM biopolymers. EcoSphere biolatex binders are used by manufacturers within the coated paper and paperboard industry, whereas the DuraBindTM is used in the production of wood composite panels. Geographically it has a business presence in the America, Africa (EMEA), and the Asia Pacific.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 18,537 12,660 19,035 18,162 13,663
Sales Growth +46.42% -33.49% +4.80% +32.93% -25.94%
Net Income -1,367 -2,821 -2,375 -3,180 -2,402
Net Income Growth +51.55% -18.77% +25.30% -32.37% -65.20%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 41,285 42,835 48,194 50,982 51,723
Total Assets Growth -3.62% -11.12% -5.47% -1.43% -5.46%
Total Liabilities 1,939 1,865 3,139 3,184 2,251
Total Liabilities Growth +3.94% -40.57% -1.40% +41.41% -11.27%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 1,105 317 -4,896 474 227
Operating Cash Flow Growth +248.45% +106.47% -1,132.76% +109.05% -67.86%
Net Cash Flow 2,843 44 -37,564 25,636 8,548
Change in Net Cash Flow +6,293.77% +100.12% -246.53% +199.90% +237.88%
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