Origin Materials, Inc. - Understand $orgn stock

$ORGN Market Cap: $179.9 Million

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Financial Snapshot

Revenue

$35.12M

TTM

Gross Margin

8.29%

TTM

Net Earnings

-$80.61M

TTM

Current Assets

$141.4M

Q3 2024

Current Liabilities

$8.688M

Q3 2024

Current Ratio

1627.45%

Q3 2024

Total Assets

$399.6M

Q3 2024

Total Liabilities

$40.70M

Q3 2024

Book Value

$358.9M

Q3 2024

Cash

$56.40M

Q3 2024

P/E

-2.231

Nov 29, 2024 EST

Free Cash Flow

-$76.22M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Revenue	$28.81M	$0.00	$0.00	$0.00	$41.21M	$47.67M	$55.49M	$63.44M	$71.64M	$82.16M	$90.83M	$91.27M	$73.64M	$59.39M	$42.48M	$7.340M
YoY Change					-13.55%	-14.09%	-12.53%	-11.45%	-12.8%	-9.55%	-0.48%	23.94%	23.99%	39.81%	478.75%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Revenue	$28.81M	$0.00	$0.00	$0.00	$41.21M	$47.67M	$55.49M	$63.44M	$71.64M	$82.16M	$90.83M	$91.27M	$73.64M	$59.39M	$42.48M	$7.340M
Cost Of Revenue	$23.59M				$27.44M	$32.48M	$37.44M	$40.55M	$48.03M	$54.64M	$60.73M	$59.74M	$43.46M	$28.47M	$15.02M	$2.410M
Gross Profit	$5.214M				$13.77M	$15.19M	$18.05M	$22.89M	$23.61M	$27.52M	$30.10M	$31.53M	$30.18M	$30.92M	$27.46M	$4.930M
Gross Profit Margin	18.1%				33.41%	31.86%	32.53%	36.08%	32.96%	33.5%	33.14%	34.55%	40.98%	52.06%	64.64%	67.17%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Selling, General & Admin	$35.38M	$24.10M	$17.27M	$6.563M	$7.280M	$8.390M	$9.300M	$10.59M	$13.05M	$15.86M	$26.27M	$18.33M	$17.84M	$24.15M	$23.30M	$4.120M
YoY Change	46.84%	39.56%	163.07%		-13.23%	-9.78%	-12.18%	-18.85%	-17.72%	-39.63%	43.32%	2.75%	-26.13%	3.65%	465.53%
% of Gross Profit	678.6%				52.87%	55.23%	51.52%	46.26%	55.27%	57.63%	87.28%	58.14%	59.11%	78.1%	84.85%	83.57%
Research & Development	$21.35M	$14.14M	$9.124M	$4.138M
YoY Change	50.99%	54.99%	120.49%
% of Gross Profit	409.49%
Depreciation & Amortization	$3.363M	$711.0K	$544.0K	$479.0K	$1.100M	$1.500M	$1.500M	$1.300M	$2.100M	$2.200M	$5.800M	$5.400M	$5.500M	$5.800M	$5.300M	$800.0K
YoY Change	373.0%	30.7%	13.57%		-26.67%	0.0%	15.38%	-38.1%	-4.55%	-62.07%	7.41%	-1.82%	-5.17%	9.43%	562.5%
% of Gross Profit	64.5%				7.99%	9.87%	8.31%	5.68%	8.89%	7.99%	19.27%	17.13%	18.22%	18.76%	19.3%	16.23%
Operating Expenses	$60.10M	$38.95M	$26.93M	$11.18M	$15.68M	$20.42M	$25.70M	$33.34M	$39.79M	$38.32M	$73.71M	$30.42M	$29.45M	$31.64M	$30.40M	$3.430M
YoY Change	54.3%	44.61%	140.9%		-23.21%	-20.54%	-22.92%	-16.21%	3.84%	-48.01%	142.31%	3.29%	-6.92%	4.08%	786.3%
Operating Profit	-$54.88M	-$38.95M			-$1.910M	-$5.230M	-$7.650M	-$10.45M	-$16.18M	-$10.80M	-$43.61M	$1.110M	$730.0K	-$720.0K	-$2.940M	$1.500M
YoY Change	40.91%				-63.48%	-31.63%	-26.79%	-35.41%	49.81%	-75.24%	-4028.83%	52.05%	-201.39%	-75.51%	-296.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Interest Expense	$131.0K	$0.00	$2.838M	$341.0K		$0.00	$6.280M	$0.00
YoY Change		-100.0%	732.26%			-100.0%
% of Operating Profit
Other Income/Expense, Net	$77.59M	$117.5M	$69.02M	-$19.12M	$3.520M	$2.110M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	-$1.960M	$0.00	$0.00
YoY Change	-33.97%	70.26%	-460.96%		66.82%						-100.0%		-100.0%	-220676381741154400.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Pretax Income	$22.71M	$78.57M	$42.09M	-$30.30M	$1.610M	-$2.100M	-$1.380M	-$10.45M	-$16.59M	-$12.45M	-$44.40M	-$40.35M	$120.0K	-$2.660M	-$2.970M	$1.500M
YoY Change	-71.09%	86.66%	-238.9%		-176.67%	52.17%	-86.79%	-37.01%	33.25%	-71.96%	10.04%	-33725.0%	-104.51%	-10.44%	-298.0%
Income Tax	-$1.087M	$3.000K	$3.000K	$2.000K	$20.00K	$30.00K	$0.00	$50.00K	$10.00K	$150.0K	$60.00K	$50.00K	$0.00	$0.00	$0.00	$0.00
% Of Pretax Income	-4.79%	0.0%	0.01%		1.24%								0.0%			0.0%
Net Earnings	$23.80M	$78.57M	$42.09M	-$30.30M	$1.600M	-$2.140M	-$1.380M	-$10.50M	-$16.59M	-$12.43M	-$35.36M	-$31.77M	$6.970M	-$2.660M	-$2.970M	$1.500M
YoY Change	-69.71%	86.67%	-238.9%		-174.77%	55.07%	-86.86%	-36.71%	33.47%	-64.85%	11.3%	-555.81%	-362.03%	-10.44%	-298.0%
Net Earnings / Revenue	82.62%				3.88%	-4.49%	-2.49%	-16.55%	-23.16%	-15.13%	-38.93%	-34.81%	9.46%	-4.48%	-6.99%	20.44%
Basic Earnings Per Share	$0.17	$0.57	$0.42	-$0.48
Diluted Earnings Per Share	$0.17	$0.55	$0.40	-$0.48	$61.70K	-$82.53K	-$53.22K	-$404.9K	-$639.8K	-$479.4K	-$1.376M	-$1.255M	$276.8K	-$106.9K	-$138.5K	$98.88K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Cash & Short-Term Investments	$158.3M	$323.3M	$444.1M	$1.309M	$4.200M	$800.0K	$800.0K	$3.700M	$2.600M	$3.800M	$14.10M	$10.80M	$2.600M	$8.300M	$9.300M	$6.900M
YoY Change	-51.05%	-27.2%	33826.28%		425.0%	0.0%	-78.38%	42.31%	-31.58%	-73.05%	30.56%	315.38%	-68.67%	-10.75%	34.78%
Cash & Equivalents					$4.200M	$800.0K	$800.0K	$3.700M	$2.600M	$3.800M	$14.10M	$10.80M	$2.600M	$8.300M	$9.300M	$6.900M
Short-Term Investments	$82.76M	$215.5M	$397.5M	$0.00
Other Short-Term Assets	$8.360M	$3.831M	$4.466M	$648.0K
YoY Change	118.22%	-14.22%	589.2%
Inventory	$912.0K
Prepaid Expenses
Receivables	$16.13M						$543.4M	$628.7M	$716.9M	$808.4M	$911.9M	$1.194B	$950.2M	$768.4M	$563.3M	$368.0M
Other Receivables	$3.449M						$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$187.1M	$331.5M	$451.2M	$2.005M	$4.200M	$800.0K	$544.2M	$632.4M	$719.5M	$812.2M	$926.0M	$1.205B	$952.8M	$776.7M	$572.6M	$374.9M
YoY Change	-43.56%	-26.53%	22402.39%		425.0%	-99.85%	-13.95%	-12.11%	-11.41%	-12.29%	-23.13%	26.44%	22.67%	35.64%	52.73%
Property, Plant & Equipment	$247.6M	$157.0M	$58.97M	$45.10M	$0.00	$0.00	$0.00	$0.00	$100.0K	$200.0K	$400.0K	$3.000M	$3.500M	$3.600M	$2.300M	$2.500M
YoY Change	57.74%	166.19%	30.74%					-100.0%	-50.0%	-50.0%	-86.67%	-14.29%	-2.78%	56.52%	-8.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments					$1.200M	$1.200M	$1.400M	$1.700M	$2.000M	$8.700M	$9.700M	$32.40M	$41.50M	$41.90M	$37.60M	$0.00
YoY Change					0.0%	-14.29%	-17.65%	-15.0%	-77.01%	-10.31%	-70.06%	-21.93%	-0.95%	11.44%
Other Assets	$27.02M	$5.079M	$62.00K	$62.00K	$9.800M	$8.500M	$11.10M	$9.800M	$10.00M	$10.40M	$12.90M	$16.30M	$15.40M	$13.60M	$9.200M	$6.000M
YoY Change	431.9%	8091.94%	0.0%		15.29%	-23.42%	13.27%	-2.0%	-3.85%	-19.38%	-20.86%	5.84%	13.24%	47.83%	53.33%
Total Long-Term Assets	$274.7M	$162.2M	$59.24M	$45.42M	$410.1M	$478.0M	$19.00M	$19.20M	$24.60M	$34.20M	$39.50M	$79.50M	$120.3M	$116.3M	$109.9M	$69.20M
YoY Change	69.37%	173.78%	30.42%		-14.21%	2415.79%	-1.04%	-21.95%	-28.07%	-13.42%	-50.31%	-33.92%	3.44%	5.82%	58.82%
Total Assets	$461.8M	$493.7M	$510.4M	$47.43M	$414.3M	$478.8M	$563.2M	$651.6M	$744.1M	$846.4M	$965.5M	$1.284B	$1.073B	$893.0M	$682.5M	$444.1M
YoY Change
Accounts Payable	$1.858M	$10.38M	$2.451M	$2.700M
YoY Change	-82.11%	323.66%	-9.22%
Accrued Expenses	$8.056M	$9.033M	$1.253M	$593.0K
YoY Change	-10.82%	620.91%	111.3%
Deferred Revenue
YoY Change
Short-Term Debt	$1.730M	$0.00	$0.00	$3.232M	$0.00	$0.00	$0.00	$0.00	$0.00	$15.60M	$29.40M	$32.20M	$23.60M	$23.60M	$20.20M	$0.00
YoY Change			-100.0%						-100.0%	-46.94%	-8.7%	36.44%	0.0%	16.83%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$12.86M	$19.81M	$4.187M	$7.764M						$15.60M	$29.40M	$32.20M	$23.60M	$23.60M	$20.20M
YoY Change	-35.08%	373.18%	-46.07%							-46.94%	-8.7%	36.44%	0.0%	16.83%
Long-Term Debt	$3.459M	$5.847M	$5.189M	$6.095M	$362.3M	$423.4M	$491.7M	$559.4M	$627.3M	$693.7M	$775.1M	$1.058B	$818.7M	$646.1M	$435.8M	$277.4M
YoY Change	-40.84%	12.68%	-14.86%		-14.43%	-13.89%	-12.1%	-10.82%	-9.57%	-10.5%	-26.72%	29.19%	26.71%	48.26%	57.1%
Other Long-Term Liabilities	$23.01M	$91.14M	$197.5M	$33.45M	$27.40M	$38.10M	$48.40M	$51.60M	$49.80M	$46.80M	$82.90M	$45.80M	$26.30M	$23.30M	$23.20M	$24.30M
YoY Change	-74.76%	-53.86%	490.58%		-28.08%	-21.28%	-6.2%	3.61%	6.41%	-43.55%	81.0%	74.14%	12.88%	0.43%	-4.53%
Total Long-Term Liabilities	$26.47M	$96.98M	$202.7M	$39.54M	$389.7M	$461.5M	$540.1M	$611.0M	$677.1M	$740.5M	$858.0M	$1.104B	$845.0M	$669.4M	$459.0M	$301.7M
YoY Change	-72.71%	-52.16%	412.67%		-15.56%	-14.55%	-11.6%	-9.76%	-8.56%	-13.69%	-22.25%	30.59%	26.23%	45.84%	52.14%
Total Liabilities	$39.33M	$116.8M	$206.9M	$47.31M	$389.6M	$461.5M	$540.1M	$611.0M	$677.1M	$756.1M	$887.3M	$1.136B	$868.6M	$693.1M	$479.1M	$301.8M
YoY Change	-66.33%	-43.55%	337.38%		-15.58%	-14.55%	-11.6%	-9.76%	-10.45%	-14.79%	-21.88%	30.76%	25.32%	44.67%	58.75%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	139.7M shares	137.6M shares	101.2M shares	62.54M shares
Diluted Shares Outstanding	142.7M shares	142.1M shares	106.2M shares	62.54M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $179.89 Million

About Origin Materials, Inc.

Origin Materials, Inc. is a carbon negative materials company engaged in providing sustainable materials by replacing petroleum-based materials with decarbonized materials. The company is headquartered in West Sacramento, California and currently employs 162 full-time employees. The company went IPO on 2021-06-29. The firm is specializing in technology that has the potential to replace petroleum-based materials with decarbonized materials in a range of end products, including food and beverage packaging, clothing, textiles, plastics, car parts, carpeting, tires, adhesives, soil amendments and fuels. The company has also developed other products that can enhance sustainability, such as its 100% polyethylene terephthalate (PET) circular caps and closures that can enable fully-recyclable PET containers and reduce waste through light-weighting, while providing performance such as greater oxygen and carbon dioxide (CO2) barrier properties that can increase shelf-life. The firm has developed a biomass conversion technology to convert biomass, or plant-based carbon, into the versatile building block chemicals chloromethylfurfural (CMF) and hydrothermal carbon (HTC), as well as other oils and extractives and other co-products.

Industry: Industrial Organic Chemicals Peers: AdvanSix Inc. Sisecam Resources LP DOW INC. HAWKINS INC Koppers Holdings Inc. KRONOS WORLDWIDE INC PureCycle Technologies, Inc. Mativ Holdings, Inc. Trinseo PLC Westlake Chemical Partners LP