ASPNASPEN AEROGELS INC
Wholesale-Lumber & Other Construction Materials
- Revenue
- $271M
- 40% YoY
- Operating margin
- -139.5%
- 1258% YoY
- EBITDA
- −$333M
- 532% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- −$56M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear3% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $122M | $180M | $239M | $453M | $271M | 40% |
| Operating income | −$41M | −$79M | −$49M | $55M | −$378M | 794% |
| Net income | −$37M | −$83M | −$46M | $13M | −$390M | 3013% |
| Operating cash flow | −$19M | −$94M | −$43M | $46M | $33M | 28% |
| Capex | $14M | $178M | $175M | $86M | $37M | 57% |
| Stock-based comp | $5M | $9M | $11M | $13M | $9M | 33% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $58M · 1
- Net
- −$58M
Pay vs performance
No pay-versus-performance disclosure yet.