/
Our Company CitroTech Inc. ( CITR, we, us, or the Company ) is an environmentally sustainable specialty chemical company focused on fire inhibitor products serving the wildland fire, residential home protection, and wood products industries across the United States and Canada. Our fire inhibitor formulations are also sold into the lumber and building materials industry for fire retardant treatm…
The business is unprofitable at the operating level (-692.70% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue grew 194.6%, still solid. Margins contracted 36.5pp, which offsets some of the top-line progress.
ROIC dropped from -113.23% to -168.25%, capital efficiency is deteriorating. Negative free cash flow of -$6M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$2M
▲ +194.6% YoY
Net Income (TTM)
-$32M
▼ -435.3% YoY
Op. Margin
-995.18%
▼ -36.5pp YoY
ROIC
-151.98%
▼ -55.0pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$7M
▼ -212.9% YoY
Op. Cash Flow (TTM)
-$7M
▼ -202.9% YoY
Net Debt
-$3M
Net Cash Position
Cash & Equiv.
$4M
3Y CAGR: +236.1%
Continue Research