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AirBoss of America Corp., together with its subsidiaries, manufactures and sells rubber-based products in Canada, the United States, and internationally. The company operates through AirBoss Rubber Solutions and AirBoss Manufactured Products segments. The AirBoss Rubber Solutions segment involves in the manufacture and distribution of rubber compounds and rubber compounding related chemicals for various applications in automotive, heavy industry, rollers, conveyor belting, defense, construction and infrastructure, mining, transportation, and oil and gas industries. The AirBoss Manufactured Products segment offers anti-noise, vibration and harshness dampening parts, and personal protection and safety products, including rubber, synthetic rubber, and rubber-to-metal bonded products to eliminate or control undesired vibration and noise for use in automotive, electric vehicle, heavy truck and off-highway, industrial and defense industries. It provides protective equipment to military, law enforcement, industrial providers, and first responders; and healthcare protective equipment, personal respiratory protective products, chemical, biological, radiological and nuclear protective equipment, and cold weather combat footwear under the AirBoss Defense brand name. The company was formerly known as IATCO Industries Inc. and changed its name to AirBoss of America Corp. in April 1994. The company was founded in 1989 and is headquartered in Newmarket, Canada.
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AirBoss of America Corp. is a Canadian manufacturer of engineered rubber, polymer and protective products serving automotive, industrial and defense customers. Long-term growth may be supported by military and government procurement for protective gear, recovery in automotive OEM demand and specialization in higher-value engineered compounds, which could support margin expansion and diversified sales. Investors may find the company attractive for its manufacturing expertise, established customer base and exposure to multiple end markets.
Key investment risks include cyclicality in automotive demand, exposure to volatile raw-material and commodity costs, reliance on government contracts and intense competition in specialty rubber manufacturing, which shareholders should monitor.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | -4.72M | -18.71M | -38.76M | -40.41M | 54.53M |
| Minority interest | - | - | - | - | 0.00M |
| Net income | -8.77M | -20.39M | -41.75M | -31.89M | 46.70M |
| Selling general administrative | 38.64M | 48.27M | 52.74M | 46.48M | 52.92M |
| Selling and marketing expenses | 11.20M | 6.31M | 8.71M | 8.22M | 20.73M |
| Gross profit | 64.24M | 54.00M | 58.41M | 24.13M | 136.30M |
| Reconciled depreciation | 19.52M | 21.01M | 22.34M | 21.91M | 20.88M |
| Ebit | 397.52M | -7.33M | -33.52M | -34.67M | 58.71M |
| Ebitda | 417.38M | 13.68M | -11.18M | -12.77M | 79.59M |
| Depreciation and amortization | 19.86M | 21.01M | 22.34M | 21.91M | 20.88M |
| Operating income | 9.97M | -5.95M | -33.52M | -34.67M | 58.71M |
| Other operating expenses | 407.41M | 392.97M | 459.55M | 511.83M | 528.15M |
| Interest expense | 10.09M | 11.38M | 10.53M | 5.74M | 4.18M |
| Tax provision | 4.43M | 1.68M | 2.99M | -8.52M | 7.83M |
| Interest income | - | 11.12M | 10.53M | 5.15M | 4.58M |
| Net interest income | -9.91M | -13.16M | -5.23M | -5.74M | -4.18M |
| Income tax expense | 4.05M | 1.68M | 2.99M | -8.52M | 7.83M |
| Total revenue | 417.38M | 387.02M | 426.02M | 477.15M | 586.86M |
| Total operating expenses | 54.27M | 59.95M | 91.93M | 58.80M | 77.59M |
| Cost of revenue | 353.14M | 333.03M | 367.62M | 453.02M | 450.56M |
| Total other income expense net | -14.69M | -12.76M | -5.23M | -5.74M | -4.18M |
| Net income from continuing ops | -8.62M | -20.39M | -41.75M | -31.89M | 46.70M |
| Net income applicable to common shares | - | -20.39M | -41.75M | -31.89M | 46.70M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 276.46M | 309.53M | 356.66M | 440.77M | 443.26M |
| Intangible assets | 33.71M | 46.29M | 53.76M | 61.66M | 69.50M |
| Other current assets | 6.35M | - | 8.36M | 9.31M | -2.77M |
| Total liab | 160.94M | 183.52M | 207.80M | 243.77M | 208.12M |
| Total stockholder equity | 115.52M | 126.01M | 148.86M | 197.00M | 235.15M |
| Other current liab | 2.61M | -0.04M | 2.41M | 2.72M | 2.84M |
| Common stock | 87.92M | - | 87.99M | 87.81M | 87.94M |
| Capital stock | 88.08M | 87.99M | 87.99M | 87.81M | 87.94M |
| Retained earnings | 20.16M | 31.55M | 55.38M | 104.59M | 144.68M |
| Other liab | - | - | - | 12.17M | 21.69M |
| Good will | 24.88M | 24.93M | 24.93M | 51.58M | 51.58M |
| Other assets | - | - | - | 12.24M | 1.16M |
| Cash | 7.98M | 6.49M | 28.99M | 18.55M | 7.13M |
| Cash and equivalents | - | - | - | 18.55M | 7.13M |
| Total current liabilities | 78.68M | 63.29M | 72.91M | 90.24M | 108.22M |
| Net debt | 75.64M | 98.93M | 102.36M | 125.14M | 73.48M |
| Short term debt | 5.48M | - | 2.44M | 2.29M | 2.36M |
| Short long term debt | 3.52M | 2.41M | - | - | - |
| Short long term debt total | 83.61M | - | 131.34M | 143.69M | 80.61M |
| Other stockholder equity | 7.44M | - | 5.48M | 4.60M | 2.53M |
| Property plant equipment | - | - | - | 89.29M | 93.15M |
| Total current assets | 128.90M | 141.97M | 182.85M | 223.79M | 227.89M |
| Net tangible assets | - | - | - | 83.76M | 114.07M |
| Net receivables | 64.16M | 67.85M | 81.34M | 103.09M | 88.58M |
| Long term debt | 72.04M | 103.01M | 117.45M | 128.63M | 63.16M |
| Inventory | 50.40M | 57.14M | 64.16M | 92.83M | 122.15M |
| Accounts payable | 70.58M | 57.53M | 68.06M | 85.24M | 103.03M |
| Accumulated other comprehensive income | - | - | 0.00M | - | - |
| Non currrent assets other | 2.40M | 2.40M | 0.45M | 2.65M | 1.16M |
| Non current assets total | 147.57M | 167.56M | 173.81M | 216.98M | 215.38M |
| Capital lease obligations | 8.20M | 12.01M | 13.89M | 15.01M | 17.40M |
| Long term debt total | - | - | - | 141.36M | 78.21M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | - | -10.61M | -8.46M | -10.19M | -64.56M |
| Change to liabilities | - | - | - | -20.00M | 25.04M |
| Total cashflows from investing activities | -12.06M | -10.61M | -8.46M | -10.19M | -64.56M |
| Net borrowings | -33.10M | -14.29M | -13.49M | 62.74M | -9.24M |
| Total cash from financing activities | -36.60M | -20.79M | -22.20M | 52.20M | -17.53M |
| Change to operating activities | - | - | - | -1.10M | -4.13M |
| Net income | -8.77M | -20.39M | -41.75M | -31.89M | 46.70M |
| Change in cash | 1.18M | -22.50M | 10.44M | 11.42M | -79.84M |
| Begin period cash flow | 6.80M | 28.99M | 18.55M | 7.13M | 86.97M |
| End period cash flow | 7.98M | 6.49M | 28.99M | 18.55M | 7.13M |
| Total cash from operating activities | 49.97M | 8.78M | 40.92M | -30.77M | 2.02M |
| Depreciation | 19.86M | 21.01M | 22.34M | 21.91M | 20.88M |
| Other cashflows from investing activities | 0.19M | -0.70M | -1.21M | 0.00M | -46.57M |
| Dividends paid | 2.75M | -4.17M | -8.04M | 8.34M | 7.36M |
| Change to inventory | 6.51M | 0.97M | 20.64M | -25.14M | -74.38M |
| Change to account receivables | 7.42M | 3.75M | 21.23M | -12.25M | -12.07M |
| Sale purchase of stock | - | - | 0.00M | -0.69M | 0.66M |
| Other cashflows from financing activities | -0.75M | -2.33M | -0.67M | 64.65M | 64.07M |
| Change to netincome | - | - | - | 37.33M | -0.34M |
| Capital expenditures | 11.34M | 10.63M | 8.51M | 10.19M | 17.99M |
| Change in working capital | 23.17M | -6.40M | 26.69M | -58.49M | -65.55M |
| Stock based compensation | 2.05M | 1.24M | 1.45M | -5.39M | 9.45M |
| Other non cash items | 14.05M | 12.07M | 30.11M | 52.45M | -16.48M |
| Free cash flow | 38.63M | -1.85M | 32.41M | -40.97M | -15.97M |
Sector: Basic Materials Industry: Specialty Chemicals
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| BOS AirBoss of America Corp. |
0.13 2.06% |
6.43 | - | 15.46 | 0.48 | 1.20 | 0.53 | 8.94 |
| VNP 5N Plus Inc. |
6.39 24.44% |
32.54 | 43.62 | 39.84 | 7.72 | 11.40 | 6.04 | 25.40 |
| NEO Neo Performance Materials Inc |
1.19 4.81% |
25.93 | - | 28.41 | 2.09 | 1.92 | 1.71 | 37.09 |
| AIM Aimia Inc |
0.02 0.78% |
2.59 | 7.55 | 175.44 | 0.50 | 0.81 | 1.15 | 3.92 |
| ECO EcoSynthetix Inc |
0.21 15.56% |
1.56 | - | 23.70 | 9.51 | 3.72 | 5.62 | 151.24 |
AirBoss of America Corp., together with its subsidiaries, manufactures and sells rubber-based products in Canada, the United States, and internationally. The company operates through AirBoss Rubber Solutions and AirBoss Manufactured Products segments. The AirBoss Rubber Solutions segment involves in the manufacture and distribution of rubber compounds and rubber compounding related chemicals for various applications in automotive, heavy industry, rollers, conveyor belting, defense, construction and infrastructure, mining, transportation, and oil and gas industries. The AirBoss Manufactured Products segment offers anti-noise, vibration and harshness dampening parts, and personal protection and safety products, including rubber, synthetic rubber, and rubber-to-metal bonded products to eliminate or control undesired vibration and noise for use in automotive, electric vehicle, heavy truck and off-highway, industrial and defense industries. It provides protective equipment to military, law enforcement, industrial providers, and first responders; and healthcare protective equipment, personal respiratory protective products, chemical, biological, radiological and nuclear protective equipment, and cold weather combat footwear under the AirBoss Defense brand name. The company was formerly known as IATCO Industries Inc. and changed its name to AirBoss of America Corp. in April 1994. The company was founded in 1989 and is headquartered in Newmarket, Canada.
| Name | Title | Year Born |
|---|---|---|
| Mr. Peter Grenville Schoch | Non-Independent Chairman & CEO | NA |
| Mr. Chris Bitsakakis | COO & Pres | NA |
| Mr. Frank Ientile | CFO & Treasurer | NA |
| Mr. Chris Figel | Exec. VP, Gen. Counsel & Sec. | NA |
| Mr. Scott Lieberman | VP of Corp. Bus. Devel. | NA |
| Ms. Barb Lee | Director of Corp. HR | NA |
| Carl David Chapman | Sr. VP & GM of AirBoss Rubber Solutions | NA |
| Christopher Bryce Laycoe | Sr. VP & GM of AirBoss Engineered Products | NA |
| Patrick Callahan | Chief Exec. Officer of AirBoss Defense Group | NA |
| Mr. Morris Eddy | VP of HR | NA |
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