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Spinnova Oyj
Previous close
€0.39
Day range
€0.38 - €0.39
Year range
€0.31 - €1.77
Market cap
20.16M EUR
Avg Volume
55.34K
P/E ratio
-
Dividend yield
-
Primary exchange
HEL
Market news
Financials
Income Statement
Revenue
Net income
| (EUR) | Dec 2024info | Y/Y change |
|---|---|---|
Revenue | 200.00K | -78.02% |
Operating expense | 3.74M | -13.36% |
Net income | -3.84M | 14.98% |
Net profit margin | -1.92K | -286.85% |
Earnings per share | — | — |
EBITDA | -3.47M | 11.75% |
Effective tax rate | -1.80% | — |
Balance Sheet
Total assets
Total liabilities
| (EUR) | Dec 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 47.24M | -23.13% |
Total assets | 83.29M | -15.54% |
Total liabilities | 12.12M | 7.43% |
Total equity | 71.17M | — |
Shares outstanding | 52.30M | — |
Price to book | 0.28 | — |
Return on assets | -10.65% | — |
Return on capital | -11.45% | — |
Cash Flow
Net change in cash
| (EUR) | Dec 2024info | Y/Y change |
|---|---|---|
Net income | -3.84M | 14.98% |
Cash from operations | -2.09M | -59.82% |
Cash from investing | 297.50K | -72.93% |
Cash from financing | -374.00K | 23.83% |
Net change in cash | -2.16M | -209.88% |
Free cash flow | -1.61M | -21.04% |
About
Spinnova Plc is a Finnish textile material innovation company that has developed a patented technology for making textile fibre from wood, pulp, or waste, without harmful dissolving chemicals.
The company has developed a machine which can transform cellulosic pulp into fiber for the textile industry. The company’s headquarters and pilot factory are located in Jyväskylä, Finland, and it has offices in Helsinki, Finland. In 2021, Spinnova and its partner, Suzano Papel e Celulose, announced plans to build the first commercial-scale fiber production facility in Jyväskylä. The facility, called Woodspin, opened in May 2023, with a capacity to produce 1,000 tonnes of sustainable, recyclable and fully biodegradable textile fibre from responsibly-grown wood each year.
In March 2024, Spinnova announced an update to its strategy and targets, focused on technology sales. Wikipedia
Founded
2014
Website
Employees
57
