Interface

Interface, Inc. is the manufacturer of modular carpet for commercial and residential applications. The Company's modular carpet system, which is marketed under the brands Interface and FLOR, utilizes carpet tiles cut in precise, dimensionally stable squares or rectangles to produce a floor covering that combines the appearance and texture of traditional soft floor covering with the advantages of a modular carpet system. Interface's GlasBac technology employs a fiberglass-reinforced polymeric composite backing that provides dimensional stability and reduces the need for adhesives or fasteners. The Company also makes carpet tiles with a backing containing post-industrial and/or post-consumer recycled materials, which it markets under the GlasBacRE brand. In addition, Interface makes carpet tile with yarn containing varying degrees of post-consumer nylon, depending on the style and color. The Company's products are designed for a wide range of commercial environments including corporate, healthcare, education, retail, hospitality, and government.

Company Growth (employees)
Type
Public
HQ
Atlanta, US
Founded
1973
Size (employees)
3,278 (est)
Interface was founded in 1973 and is headquartered in Atlanta, US

Interface Office Locations

Interface has offices in Atlanta, LaGrange, Belleville, Halifax and in 3 other locations
Atlanta, US (HQ)
2000 2859 Paces Ferry Rd SE
Chicago, US
600 W Van Buren St
Chippendale, AU
101 Chalmers St
Halifax, GB
Shelf Mills
Belleville, CA
233 Lahr Dr
LaGrange, US
1503 Orchard Hill Rd
Show all (7)

Interface Data and Metrics

Interface Financial Metrics

Interface's revenue was reported to be $958.6 m in FY, 2017
USD

Net income (Q1, 2018)

8.5 m

Market capitalization (21-Sep-2017)

1.3 b

Cash (01-Jan-2017)

165.7 m

EV

1.2 b
Interface's current market capitalization is $1.3 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

960 m1 b1 b958.6 m958.6 m

Revenue growth, %

5%(0%)(4%)

Cost of goods sold

618.9 m663.9 m619 m590 m590 m

Gross profit

341.1 m340 m382.9 m368.6 m368.6 m
USDQ2, 2014Q3, 2014Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

13.1 m(376 k)12.3 m21.7 m20.1 m12.9 m20.7 m15.9 m8.5 m
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

72.9 m54.9 m75.7 m165.7 m165.7 m

Accounts Receivable

131.9 m157.1 m130.3 m126 m126 m

Inventories

149.6 m142.2 m161.2 m156.1 m156.1 m

Current Assets

388.1 m384.7 m398.4 m480.9 m480.9 m
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

48.3 m24.8 m72.4 m54.2 m54.2 m

Depreciation and Amortization

24.7 m30.7 m30.8 m30.6 m30.6 m

Accounts Receivable

3.5 m(29 m)18.7 m(372 k)(372 k)

Inventories

(11 m)1.3 m(26 m)2.7 m2.7 m
USDQ2, 2014Q3, 2014Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

13.1 m(376 k)12.3 m21.7 m20.1 m12.9 m20.7 m15.9 m8.5 m
Show all financial metrics

Interface Operating Metrics

Interface's Backlog was reported to be $107.8 m in FY, 2017
FY, 2014FY, 2016FY, 2017

Countries

110110110

Backlog

$124.3 m$111.4 m$107.8 m
Show all operating metrics

Interface Market Value History

Traffic Overview of Interface

Interface Online and Social Media Presence

Interface News and Updates

The new Watch 3 and iPhone X interfaces are examples of a classic Steve Jobs insight

When Steve Jobs launched the original iPhone, he described the new multi-touch feature as a revolutionary user interface (UI). He said it worked like magic,…

Elon Musk’s brain interface startup Neuralink files $27M fundraise

 Elon Musk wants to connect your brain directly to a computer, and investors are ready to make that science fiction a reality. Musk’s startup Neuralink has raised the $26.96 million of a technically still-open funding round that could grow to $100 million, according to a new SEC filing. However, Mus…

Elon Musk's brain-computer interface company raised $27 million—and is looking for plenty more

This is your brain on Elon Musk. In March, the future-oriented entrepreneur announced a new company called Neuralink, which hopes to create a brain-to-computer interface for humans. Now, just months later, that effort has raised $27 million, and it's looking for plenty more.  Neuralink, which is…

THE VOICE PAYMENTS REPORT: The next major interface for payments

This is a preview of a research report from BI Intelligence, Business Insider's premium research service. Click here to learn more. A revolution in payments and banking is beginning as virtual assistants like Siri and Alexa gain the abilities of cashiers, personal shoppers, …

Google is testing a gorgeous new user interface for Calendar

Google finally appears to be giving Calendar a facelift – and a whole new user interface. Redditors are rushing to the Google and Android subreddits to report that the Big G is currently testing a new and improved visual identity for the desktop version of Calendar. The new design appears to be base…

The rise of the voice interface

GUEST: By now you are probably talking to machines more often than you are to your neighbors, your old college friends, or even your mom. Voice interfaces are everywhere. We put an Amazon Echo or Google Home in our kitchens and they quickly became part of our morning routine. We talk to Siri to find…
Show more

Interface Company Life and Culture

You may also be interested in