Point72 Asset Management
FY2023 10-K
Point72 Asset Management filed its fiscal year 2023 10-K annual report with the SEC on Apr 16, 2024. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.
AI Filing AnalysisFY2023 10-K
Business Overview
- • Composite manufacturer (fiberglass) serving RV, prefabricated housing, and marine sectors; 2023 revenue $3.6M driven solely by Cortes Campers brand
- • New segment Fusion X Automotive, LLC formed Oct 2023 — automotive aftermarket composite body parts; exhibited at PRI Indianapolis Dec 2023, revenue expected in 2024
Risk Factors
- • Former CEO Paul Spivak (49% shareholder) indicted for securities fraud — Case No. L21CR491, blocks exchange listing beyond OTC Pink Market
- • Going concern doubt flagged in Dec 31, 2023 audited financials; ongoing need for dilutive equity/debt financing to fund operations
Financial SummaryXBRL
Revenue
$4M
Net Income
-$1M
Gross Margin
23.7%
Operating Margin
-29.0%
Net Margin
-30.5%
ROE
23.8%
Total Assets
$3M
EPS (Diluted)
$-0.01
Operating Cash Flow
-$217,608
Source: XBRL data from Point72 Asset Management FY2023 10-K filing on SEC EDGAR. All figures in USD.
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