Company Spinnova Oyj

Equities

SPINN

FI4000507595

Textiles & Leather Goods

Delayed Nasdaq Helsinki 05:08:47 2024-04-19 am EDT 5-day change 1st Jan Change
1.66 EUR +4.01% Intraday chart for Spinnova Oyj +1.59% -30.69%

Business Summary

Spinnova Oyj is a Finland-based company that focuses primarily on the clothing industry. 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 Company has a production plant in Jyvaskyla.

Number of employees: 76

Sales per Business

EUR in Million2022Weight2023Weight Delta
Joint Ventures
97.1 %
- - 10 97.1 % -
Direct Sales
2.9 %
- - 0 2.9 % -

Sales per region

EUR in Million2022Weight2023Weight Delta
Finland
98.0 %
24 100.0 % 10 98.0 % -57.07%
Others
2.0 %
-- 0 2.0 % -

Managers

Managers TitleAgeSince
Founder 51 14-10-31
Founder 52 14-10-31
Director of Finance/CFO 41 20-12-31
Chief Operating Officer 51 17-12-31
Human Resources Officer 50 23-05-01
Corporate Officer/Principal - 22-08-14
Sales & Marketing 51 22-05-01
General Counsel 43 21-11-18
Corporate Officer/Principal 48 20-07-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 67 20-12-31
Director/Board Member 54 17-12-31
Founder 52 14-10-31
Founder 51 14-10-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 52,228,685 21,474,474 ( 41.12 %) 0 41.12 %

Shareholders

NameEquities%Valuation
9,808,530 18.78 % 18 M €
Besodos Investors Oy
7.752 %
4,048,680 7.752 % 8 M €
MAKI Ventures Oy
6.778 %
3,540,300 6.778 % 7 M €
3,348,238 6.411 % 6 M €
2,663,030 5.099 % 5 M €
2,187,510 4.188 % 4 M €
LENZING AG
4.163 %
2,174,070 4.163 % 4 M €
1,960,322 3.753 % 4 M €
1,356,794 2.598 % 3 M €
1,302,770 2.494 % 2 M €

Company contact information

Spinnova Oyj

Palokärjentie 2-4

40320, Jyvaskyla

+358 2070 32430

http://www.spinnova.fi
address Spinnova Oyj(SPINN)

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
1.596 EUR
Average target price
6 EUR
Spread / Average Target
+275.94%
Consensus

Annual profits - Rate of surprise