Platform Specialty Products Corporation

Our business involves the formulation of a broad range of specialty chemicals created by blending raw materials through multi-step technological processes or formulating active ingredients into final agricultural products, which can be easily and safely used by growers in the field. These specialty chemicals are sold into multiple industries, including agricultural, electronics, graphic arts, metals and plastic plating, and offshore oil production and drilling. We refer to our products as “dynamic chemistries” due to their intricate chemical compositions. Our dynamic chemistries are used in a wide variety of attractive niche markets.
Type
Public
HQ
West Palm Beach, US
Founded
2013
Size (employees)
8,200 (est)
Platform Specialty Products Corporation was founded in 2013 and is headquartered in West Palm Beach, US

Platform Specialty Products Corporation Office Locations

Platform Specialty Products Corporation has an office in West Palm Beach
West Palm Beach, US (HQ)
210 1450 Centrepark Blvd

Platform Specialty Products Corporation Data and Metrics

Platform Specialty Products Corporation Financial Metrics

Platform Specialty Products Corporation's revenue was reported to be $861.8 m in Q1, 2017
USD

Revenue (Q1, 2017)

861.8 m

Gross profit (Q1, 2017)

378.4 m

Gross profit margin (Q1, 2017), %

44%

Net income (Q1, 2017)

(23.6 m)

EBIT (Q1, 2017)

99.3 m

Market capitalization (22-Aug-2017)

3.5 b

Cash (31-Mar-2017)

366.4 m
Platform Specialty Products Corporation's current market capitalization is $3.5 b.
USDFY, 2014FY, 2015FY, 2016

Revenue

843.2 m2.5 b3.6 b

Revenue growth, %

202%41%

Cost of goods sold

446.6 m1.6 b2.1 b

Gross profit

396.6 m991.9 m1.5 b

Gross profit Margin, %

47%39%42%

R&D expense

26.2 m62.8 m84.4 m

Operating expense total

26.2 m62.8 m84.4 m

EBIT

9.5 m(71.6 m)253.4 m

EBIT margin, %

1%(3%)7%

Interest expense

37.9 m213.9 m375.7 m

Income tax expense

6.7 m(75.1 m)(28.6 m)

Net Income

(24.2 m)(304.4 m)(76.7 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

196.8 m534.8 m675.1 m597.3 m823.8 m921.6 m890.5 m861.8 m

Cost of goods sold

93.6 m327.7 m406.5 m354.6 m467.8 m541 m515.4 m483.4 m

Gross profit

103.2 m207.1 m268.6 m242.7 m356 m380.6 m375.1 m378.4 m

Gross profit Margin, %

52%39%40%41%43%41%42%44%

R&D expense

6.4 m12.9 m18.4 m16.6 m19.9 m20.5 m20.9 m21.6 m

Operating expense total

6.4 m12.9 m18.4 m16.6 m19.9 m20.5 m20.9 m21.6 m

EBIT

23.4 m2.2 m44 m31.3 m52.1 m94.9 m79.9 m99.3 m

EBIT margin, %

12%0%7%5%6%10%9%12%

Interest expense

8 m39.4 m51.1 m52.7 m93.8 m97.4 m98.5 m89.4 m

Income tax expense

1.6 m(24.7 m)200 k(17.6 m)(18.4 m)(26.9 m)(20.4 m)(18.7 m)

Net Income

(80 k)13.9 m(26.3 m)(9.1 m)(121.8 m)(134.4 m)(8.1 m)65.9 m(23.6 m)
USDFY, 2014FY, 2015FY, 2016

Cash

397.3 m432.2 m422.6 m

Accounts Receivable

319.2 m

Inventories

205.8 m517.5 m416.4 m

Current Assets

1.6 b2.3 b2.1 b

PP&E

491.6 m460.5 m

Goodwill

1.4 b4 b4.2 b

Total Assets

4.6 b10.2 b10.1 b

Accounts Payable

106.7 m450.3 m383.6 m

Total Debt

5.1 b

Current Liabilities

242.6 m1.1 b1.1 b

Total Liabilities

7.2 b

Additional Paid-in Capital

2.8 b3.5 b4 b

Retained Earnings

(224.1 m)(532.7 m)(573.5 m)

Total Equity

2.6 b2.3 b2.9 b

Debt to Equity Ratio

1.8 x

Debt to Assets Ratio

0.5 x

Financial Leverage

1.8 x4.5 x3.5 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

642.8 m281.7 m297.3 m672.2 m682 m329.7 m341.7 m714.1 m366.4 m

Accounts Receivable

1.2 b

Inventories

80.5 m79.3 m460.9 m470 m466.9 m612.5 m572.7 m564.3 m516.7 m

Current Assets

889.5 m911.7 m2 b2.4 b2.3 b2.3 b2.3 b2.6 b2.3 b

PP&E

280 m280.6 m266.9 m496.5 m480.3 m472.7 m456.4 m

Goodwill

1 b971.7 m2.9 b3 b2.8 b4.2 b4.4 b4.4 b4.3 b

Total Assets

2.8 b2.7 b8.1 b8.5 b8.1 b10.6 b10.7 b10.9 b10.3 b

Accounts Payable

57 m58.2 m389.5 m386.7 m386.1 m419.8 m393.9 m394.8 m410.4 m

Current Liabilities

115.3 m141.3 m998.4 m858 m965.1 m1.2 b1.1 b1.6 b1.2 b

Additional Paid-in Capital

1.7 b1.7 b2.8 b3.3 b3.3 b3.5 b3.5 b3.9 b4 b

Retained Earnings

(202 m)(190.1 m)(250.8 m)(263 m)(385.2 m)(667.5 m)(676.3 m)(571.6 m)(597.9 m)

Total Equity

1.6 b1.6 b2.1 b2.7 b2.3 b2.5 b2.6 b3.1 b3 b

Financial Leverage

1.7 x1.7 x3.8 x3.1 x3.6 x4.3 x4.2 x3.6 x3.4 x
USDFY, 2014FY, 2015FY, 2016

Net Income

13.5 m(195.6 m)(76.7 m)

Depreciation and Amortization

12.8 m12.8 m342.3 m

Accounts Receivable

6.2 m6.2 m(18.9 m)

Inventories

2.1 m2.1 m70.4 m

Accounts Payable

(200 k)(200 k)(67.3 m)

Capital Expenditures

(2.3 m)(2.3 m)(56.3 m)

Cash From Investing Activities

(920.3 m)(920.3 m)(74.7 m)

Interest Paid

5.1 m5.1 m360.1 m

Income Taxes Paid

2.9 m2.9 m121.2 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(80 k)13.9 m(26.3 m)(9.1 m)(121.8 m)(134.4 m)(8.1 m)65.9 m(23.6 m)

Accounts Receivable

1.2 b

Inventories

470 m466.9 m612.5 m572.7 m564.3 m516.7 m

Accounts Payable

386.7 m386.1 m419.8 m393.9 m394.8 m410.4 m
Y, 2017

Financial Leverage

3.4 x

Platform Specialty Products Corporation Market Value History

Traffic Overview of Platform Specialty Products Corporation

Platform Specialty Products Corporation Company Life and Culture

You may also be interested in