Spinnova Oyj
OMXH:SPINN
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Spinnova Oyj
Gross Profit
Spinnova Oyj
Gross Profit Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Gross Profit | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
S
|
Spinnova Oyj
OMXH:SPINN
|
Gross Profit
€791k
|
CAGR 3-Years
84%
|
CAGR 5-Years
56%
|
CAGR 10-Years
N/A
|
|
|
P
|
Piippo Oyj
OMXH:PIIPPO
|
Gross Profit
€10.2m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
Spinnova Oyj
Glance View
Spinnova Oyj engages in the production and distribution of textile fibres and wood fabrics. The company is headquartered in Jyvaskyla, Lansi-Suomen and currently employs 81 full-time employees. The company went IPO on 2021-06-24. Spinnova Oyj has developed a new technology for making textile fiber out of wood and waste such as leather, textile or food waste, without harmful chemicals. SPINNOVA fiber does not produce any waste or side streams and is produced with minimal water usage and with minimal CO2 emissions. The fiber is recyclable, quickly biodegradable, does not contain microplastics and can be produced without solvents or other harmful chemicals or additives. The target customers for Spinnova fiber consist of large multinational textile brands, especially clothing brands that use a lot of cotton and/or have the intention of reducing their environmental impact. The firm has a production plant in Jyvaskyla.
See Also
What is Spinnova Oyj's Gross Profit?
Gross Profit
791k
EUR
Based on the financial report for Dec 31, 2023, Spinnova Oyj's Gross Profit amounts to 791k EUR.
What is Spinnova Oyj's Gross Profit growth rate?
Gross Profit CAGR 5Y
56%
Over the last year, the Gross Profit growth was -32%. The average annual Gross Profit growth rates for Spinnova Oyj have been 84% over the past three years , 56% over the past five years .
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