Micromidas, Inc., doing business as Origin Materials, produces and commercializes plant-based PET plastic. It develops a platform for turning the carbon found in biomass into useful materials, while capturing carbon in the process. The company serves tire filler, carbon black, agriculture, and activated carbon markets. Micromidas, Inc. has a strategic alliance with Palantir Technologies Inc. The company was incorporated in 2008 and is based in West Sacramento, California with a facility in Sarnia, Canada.
According to Origin Materials, Inc.'s latest financial reports the company's current revenue (TTM) is $28.81 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
---|---|---|---|---|---|
2023 | $28.81 M | $5.21 M | $26.82 M | $22.71 M | $23.8 M |
2022 | $ | $-1,293,000 | $79.86 M | $78.57 M | $78.57 M |
2021 | $ | $-824,000 | $45.75 M | $42.09 M | $-37,047,000 |
2020 | $ | $-479,000 | $-10,701,000 | $-30,302,000 | $-31,448,000 |
2019 | $ | $ | $-10,410,480 | $-479,409 | $-479,409 |