earnings
confidence high
sentiment positive
materiality 0.80
Aspen Aerogels FY2024: Revenue $452.7M (+90% YoY), Net Income $13.4M
ASPEN AEROGELS INC
2024-FY EPS reported
$0.17
revenue$452,699,000
- FY2024 revenue $452.7M (+90% YoY); net income $13.4M vs $45.8M loss in 2023.
- Q4 revenue $123.1M; net income $11.4M ($0.14 diluted EPS); adj. EBITDA $22.7M.
- Full-year adjusted EBITDA $89.9M vs -$22.9M in 2023.
- Ended year with $220.9M cash; generated $20.9M free cash flow in Q4.
- Awarded PyroThin thermal barrier contract for Volvo Truck commercial vehicle program.