Spinnova Oyj
OMXH:SPINN
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Spinnova Oyj
Other Operating Expenses
Spinnova Oyj
Other Operating Expenses Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Other Operating Expenses | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
S
|
Spinnova Oyj
OMXH:SPINN
|
Other Operating Expenses
-€2.4m
|
CAGR 3-Years
-108%
|
CAGR 5-Years
-75%
|
CAGR 10-Years
N/A
|
|
|
P
|
Piippo Oyj
OMXH:PIIPPO
|
Other Operating Expenses
-€11.4m
|
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 Other Operating Expenses?
Other Operating Expenses
-2.4m
EUR
Based on the financial report for Dec 31, 2023, Spinnova Oyj's Other Operating Expenses amounts to -2.4m EUR.
What is Spinnova Oyj's Other Operating Expenses growth rate?
Other Operating Expenses CAGR 5Y
-75%
Over the last year, the Other Operating Expenses growth was -91%. The average annual Other Operating Expenses growth rates for Spinnova Oyj have been -108% over the past three years , -75% over the past five years .
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