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ASPN

Aspen Aerogels Inc.

$13.83

Earnings Summary

Revenue
$45.64Mn
Net Profits
$-24.05Mn
Net Profit Margins
-52.7%

Highlights

Revenue:

Aspen Aerogels Inc.’s revenue jumped 44.11% since last year same period to $45.64Mn in the Q2 2022. On a quarterly growth basis, Aspen Aerogels Inc. has generated 18.83% jump in its revenue since last 3-months.

Net Profits:

Aspen Aerogels Inc.’s net profit fell -260.62% since last year same period to $-24.05Mn in the Q2 2022. On a quarterly growth basis, Aspen Aerogels Inc. has generated -23.43% fall in its net profits since last 3-months.

Net Profit Margins:

Aspen Aerogels Inc.’s net profit margin fell -150.24% since last year same period to -52.7% in the Q2 2022. On a quarterly growth basis, Aspen Aerogels Inc. has generated -3.87% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Aspen Aerogels Inc. post its latest quarter earnings

EPS Estimate Current Quarter
-0.54
EPS Estimate Current Year
-0.54

Highlights

EPS Estimate Current Quarter:

Aspen Aerogels Inc.’s earning per share (EPS) estimates for the current quarter stand at -0.54 - a 5.26% jump from last quarter’s estimates.

EPS Estimate Current Year:

Aspen Aerogels Inc.’s earning per share (EPS) estimates for the current year stand at -0.54.

Key Ratios

Key ratios of the Aspen Aerogels Inc. post its Q2 2022 earnings

Earning Per Share (EPS)
-0.68
Return on Assets (ROA)
-0.16
Return on Equity (ROE)
-0.43
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Aspen Aerogels Inc.’s earning per share (EPS) fell -195.65% since last year same period to -0.68 in the Q2 2022. This indicates that the Aspen Aerogels Inc. has generated -195.65% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Aspen Aerogels Inc.’s return on assets (ROA) stands at -0.16.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Aspen Aerogels Inc.’s return on equity (ROE) stands at -0.43.

Dividend Per Share (DPS):

Aspen Aerogels Inc. declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-08-04
-0.57
-0.68
-19.3%
2022-05-10
-0.48
-0.59
-22.92%

Company Information

Aspen is the global leader in aerogel technology. The company's mission is to enable its customers and partners to achieve their own objectives around the global megatrends of resource efficiency and sustainability. Aspen's Cryogel® and Pyrogel® products are valued by the world's largest energy infrastructure companies. Aspen's Spaceloft® products provide building owners with industry-leading energy efficiency and fire safety. The company's PyroThinTM products enable solutions to thermal runaway challenges within the electric vehicle market. The company's carbon aerogel program seeks to increase the performance of lithium-ion battery cells enabling EV OEMs to extend the driving range and reduce the cost of electric vehicles. The company's strategy is to partner with world-class industry leaders to leverage its aerogel technology platform into additional markets. Headquartered in Northborough, Mass., Aspen manufactures its products at its East Providence, R.I. facility.

Organisation
Aspen Aerogels Inc.
Employees
290
Industry
Producer Manufacturing