Carbon Revolution Public Limited Ordinary Shares
NASDAQ Global MarketCapital Structure
•
in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Donald Hampton Jr.
- Full Time Employees
- 449
- Sector
- Consumer Cyclical
- Industry
- Auto - Parts
- Address
- Ten Earlsfort Terrace Dublin Ireland 2
- IPO Date
- Nov 3, 2023
- CIK
- 0001960208
- Website
- carbonrev.com
- Similar Companies
- Business
- Carbon Revolution Public Limited Company is a global technology company that designs, manufactures, and supplies lightweight carbon fibre wheels primarily for the automotive industry. The company serves as a Tier 1 original equipment manufacturer (OEM) supplier, delivering advanced carbon fibre wheels for high-performance, luxury, and premium vehicles including cars and SUVs, with ongoing development for electric vehicle wheels. Its main products include the CR-9 series carbon fibre wheels, engineered for significant weight reduction and enhanced vehicle performance, alongside related engineering services and tooling solutions. Founded in 2007 and headquartered in Dublin, Ireland, Carbon Revolution operates manufacturing facilities in Australia and caters to global automotive markets. In the past two years, Carbon Revolution has undergone significant strategic expansion, including a major increase in manufacturing capacity through the commissioning of its Mega-line production facility, which has substantially enhanced operational efficiency and positioning for meeting global OEM demand. The company achieved Ford Q1 Supplier Certification and supplies wheels as standard equipment on models such as the Ford Mustang Shelby GT350R. Carbon Revolution also completed key funding rounds, including the final release of $5.4 million from Orion Infrastructure Capital and a $60 million PIUS loan facility, strengthening its capital structure. Leadership enhancements include the appointment of Robert A. (Bob) Lutz as Chair of the Board and Donald Hampton Jr. as CEO, supporting growth and positioning for profitability. Fiscal 2024 saw record revenue growth of 87% year-over-year, driven by increased sales and expanded production capabilities. Carbon Revolution targets a global market with a focus on automotive OEMs in the high-performance and luxury vehicle segments, delivering cutting-edge lightweight carbon fibre wheel technology for efficiency and performance improvements. The company continues to innovate with new product launches and strategic partnerships to bolster its leadership in the evolving sector of sustainable, lightweight automotive components. Its operations emphasize scalable production and engineering expertise, establishing Carbon Revolution as a recognized leader in carbon fibre wheel manufacturing worldwide.
Carbon Revolution Provides Update on Strategic Transaction and Funding Efforts
Carbon Revolution Announces Receipt of Delisting Determination Letter from Nasdaq
Carbon Revolution Announces Receipt of Non-Compliance Letter from Nasdaq
Carbon Revolution secures further funding of $5 million from OIC, reports cancellation of two EV wheel programs
Carbon Revolution Secures Final Release of $5 Million from OIC and Final $0.4 Million Reserve Release from Existing Lenders
Carbon Revolution Announces Receipt of Non-Compliance Letter from Nasdaq
Carbon Revolution Announces Receipt of Non-Compliance Letter from Nasdaq
Carbon Revolution Announces Record Revenue Results for Fiscal 2024
Carbon Revolution Sets Date for Fiscal 2024 Earnings Release and Conference Call
Carbon Revolution Secures Further Release of $5m Million from OIC and further $0.4 Million Reserve Release from Existing Lenders
Carbon Revolution Names Auto Industry Veteran as Acting CEO
Carbon Revolution Secures Further Release of $5m Million from OIC and further $0.4 Million Reserve Release from Existing Lenders
Carbon Revolution Announces Receipt of Extension from Nasdaq Stock Market
Carbon Revolution Secures Further Release of $5 Million from OIC and further $0.4 Million Reserve Release from Existing Lenders
Carbon Revolution secures $25M financing from OIC to fuel growth
Carbon Revolution Secures New $25 Million Financing Agreement with OIC and Existing Lenders
Carbon Revolution Announces Receipt of Non-Compliance Letter from Nasdaq
Carbon Revolution Secures Further Release of $5 Million from OIC
Carbon Revolution Secures Further Release of $5 Million from OIC as Company Launches Key Programs
Carbon Revolution Supplies Carbon Fiber Wheels For Range Rover Sport SV Edition Two