Point72 Asset Management

FY2023 10-K
Filed: Apr 16, 2024
Information Technology
Electric Lighting & Wiring EquipmentSEC EDGAR

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 Analysis
FY2023 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
+3 more insights

Management Discussion & Analysis

  • Revenue and profit figures
  • Margin percentages
+3 more insights

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
+3 more insights

Financial Summary
XBRL

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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