Detail akcie UFP Tech online

Business Summary: UFP Technologies, Inc. is a designer and custom manufacturer of comprehensive solutions for medical devices, sterile packaging, and other engineered custom products. The Company’s single-use and single-patient devices and components are used in a wide range of medical devices and packaging for minimally invasive surgery, infection prevention, surfaces and support, wound care, wearables, orthopedic soft goods, and orthopedic implants. The Company’s manufacturing operations consist primarily of cutting, routing, compression and injection molding, vacuum-forming, micro-molding, thermoforming, laminating, radio frequency and impulse welding, and assembling. The Company also engineers components for automotive use in interior trim and structural applications. These components are produced using a compression molding process to create functional composites consisting of various materials such as polypropylene/fiberglass panels, nonwovens, and fabrics.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2024, UFP Technologies Inc revenues increased 26% to $504.4M. Net income increased 31% to $59M. Revenues reflect Medical segment increase of 30% to $450.8M, Aerospace &Defence segment increase of 20% to $20.4M. Net income benefited from Change in fair value of contingent consi decrease of 73% to $952K (expense), Other (income) expense increase from $117K (expense) to $189K (income).