Latest news with #AirBossofAmerica
Yahoo
17-04-2025
- Business
- Yahoo
AirBoss Announces Details for AGM and Q1 2025 Results Timing
NEWMARKET, Ontario, April 17, 2025 (GLOBE NEWSWIRE) -- AirBoss of America Corp. (TSX: BOS) (OTCQX:ABSSF) (the 'Company' or 'AirBoss') today announced details regarding its upcoming Annual General Meeting of Shareholders (the 'Meeting'), to be held on Thursday, May 8th, 2025. The start time of the meeting, originally set for 9:00 am (EDT), has been adjusted to 9:30 a.m. (EDT), to better accommodate shareholder participation. The Company intends to issue its first quarter 2025 earnings results prior to the Meeting on Wednesday, May 7th, 2025. The Meeting will be accessible via live webcast or by dialing in to the numbers provided below. This approach will support shareholder participation in the meeting. AGM Webcast and Dial-in: Webcast Access: Go online at If watching the meeting online, it is important to remain connected to the internet at all times during the Meeting. It is each person's responsibility to ensure connectivity for the duration of the Meeting. The live webcast will include a facility for shareholders to enter questions for management. Telephone Access: Dial-in number: 1-833-821-0163 Callers should dial-in 5 to 10 minutes before the Meeting starts and ask to join the AirBoss of America Call. How to Vote: The Company encourages shareholders to vote in advance of the Meeting using either the form of proxy or the voter instruction form mailed to them with the Meeting materials, and submitting them by no later than 9:00 am (EDT) on Tuesday, May 6, 2025. Please refer to the section entitled 'Part I – Voting Information' in the management information circular for additional details on how to vote before the Meeting. These details are further to the information contained in the management information circular and notice of meeting dated April 11, 2025, sent to shareholders and filed on SEDAR+ at About AirBoss AirBoss of America is a diversified developer, manufacturer and provider of survivability solutions, advanced custom rubber compounds and finished rubber products that are designed to outperform in the most challenging environments. Founded in 1989, the company operates through two divisions. AirBoss Rubber Solutions is a North American custom rubber compounder with 500 million turn pounds of annual capacity. AirBoss Manufactured Products is a supplier of anti-vibration and rubber-molded solutions to the North American automotive market and other sectors, and also a global supplier of personal and respiratory protective equipment and technology for the defense, healthcare, medical and first responder communities, through its AirBoss Defense operations. The Company's shares trade on the TSX under the symbol BOS and on the OTCQX under the symbol ABSSF. Visit for more information. AIRBOSS FORWARD LOOKING INFORMATION DISCLAIMER. Certain statements contained or incorporated by reference herein, including those that express management's expectations or estimates of future developments or AirBoss' future performance, constitute 'forward-looking information' or 'forward-looking statements' within the meaning of applicable securities laws, and can generally be identified by words such as 'will', 'may', 'could' 'expects', 'believes', 'anticipates', 'forecasts', 'plans', 'intends', 'should' or similar expressions. These statements are not historical facts but instead represent management's expectations, estimates and projections regarding future events and performance. Statements containing forward-looking information are necessarily based upon a number of opinions, estimates and assumptions that, while considered reasonable by management at the time the statements are made, are inherently subject to significant business, economic and competitive risks, uncertainties and contingencies. AirBoss cautions that such forward-looking information involves known and unknown contingencies, uncertainties and other risks that may cause AirBoss' actual financial results, performance or achievements to be materially different from its estimated future results, performance or achievements expressed or implied by the forward-looking information. Numerous factors could cause actual results to differ materially from those in the forward-looking information, including without limitation: impact of general economic conditions, notably including its impact on demand for rubber solutions and products; dependence on key customers; global defense budgets, notably in the Company's target markets, and success of the Company in obtaining new or extended defense contracts; contract-related risks; cyclical trends in the tire and automotive, construction, mining and retail industries; sufficient availability of raw materials at economical costs; weather conditions affecting raw materials, production and sales; AirBoss' ability to maintain existing customers or develop new customers in light of increased competition; AirBoss' ability to successfully integrate acquisitions of other businesses and/or companies or to realize on the anticipated benefits thereof; AirBoss' ability to successfully develop and execute effective business strategies; changes in accounting policies and methods, including uncertainties associated with critical accounting assumptions and estimates; changes in the value of the Canadian dollar relative to the US dollar; changes in tax laws; changes in trade policies or the imposition of new tariffs, duties or other similar restrictions which could influence the cost and flow of goods and services across borders; current and future litigation; political uncertainty and policy change; ability to obtain financing on acceptable terms and ability to satisfy the covenants set forth in such financing arrangements; environmental damage and non-compliance with environmental laws and regulations; impact of global health situations; IT/cybersecurity risks; potential product liability and warranty claims and equipment malfunction. There is increased uncertainty associated with future operating assumptions and expectations as compared to prior periods. This list is not exhaustive of the factors that may affect any of AirBoss' forward-looking information. All of the forward-looking information in this press release is expressly qualified by these cautionary statements. Investors are cautioned not to put undue reliance on forward-looking information. All subsequent written and oral forward-looking information attributable to AirBoss or persons acting on its behalf are expressly qualified in their entirety by this notice. Forward-looking information contained herein is made as of the date of this Interim Report and, whether as a result of new information, future events or otherwise, AirBoss disclaims any intent or obligation to update publicly the forward-looking information except as required by applicable laws. Risks and uncertainties about AirBoss' business are more fully discussed under the heading 'Risk Factors' in our most recent Annual Information Form and are otherwise disclosed in our filings with securities regulatory authorities which are available on SEDAR+ at CONTACT: Investor Contact: Media Contact: media@ in to access your portfolio
Yahoo
11-03-2025
- Business
- Yahoo
AirBoss of America Full Year 2024 Earnings: Misses Expectations
Revenue: US$387.0m (down 9.2% from FY 2023). Net loss: US$20.4m (loss narrowed by 51% from FY 2023). US$0.75 loss per share (improved from US$1.54 loss in FY 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 14%. Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Chemicals industry in Canada. Performance of the Canadian Chemicals industry. The company's shares are down 3.3% from a week ago. It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with AirBoss of America (at least 2 which are a bit unpleasant), and understanding them should be part of your investment process. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
29-01-2025
- Business
- Yahoo
AirBoss of America (TSE:BOS) investors are sitting on a loss of 89% if they invested three years ago
As an investor, mistakes are inevitable. But you want to avoid the really big losses like the plague. So take a moment to sympathize with the long term shareholders of AirBoss of America Corp. (TSE:BOS), who have seen the share price tank a massive 90% over a three year period. That'd be enough to cause even the strongest minds some disquiet. We really hope anyone holding through that price crash has a diversified portfolio. Even when you lose money, you don't have to lose the lesson. With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies. See our latest analysis for AirBoss of America While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). Over the three years that the share price declined, AirBoss of America's earnings per share (EPS) dropped significantly, falling to a loss. Due to the loss, it's not easy to use EPS as a reliable guide to the business. But it's safe to say we'd generally expect the share price to be lower as a result! The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image). It's good to see that there was some significant insider buying in the last three months. That's a positive. On the other hand, we think the revenue and earnings trends are much more meaningful measures of the business. It might be well worthwhile taking a look at our free report on AirBoss of America's earnings, revenue and cash flow. Investors in AirBoss of America had a tough year, with a total loss of 3.9% (including dividends), against a market gain of about 20%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. Unfortunately, longer term shareholders are suffering worse, given the loss of 8% doled out over the last five years. We would want clear information suggesting the company will grow, before taking the view that the share price will stabilize. It's always interesting to track share price performance over the longer term. But to understand AirBoss of America better, we need to consider many other factors. To that end, you should learn about the 3 warning signs we've spotted with AirBoss of America (including 1 which is potentially serious) . AirBoss of America is not the only stock insiders are buying. So take a peek at this free list of small cap companies at attractive valuations which insiders have been buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Canadian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
