Foamit Oyj

Foamit Oyj

HHEL:FOAMIT
0.80
EUR
-0.02
(-2.44%)
32.71MMarket Cap
Mar 03Next Earn
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.93
0.33
0.63
0.87
2.13
2.37
1.58
1.15
1.07
- -
Basic EPS, GAAP
0.21
0.38
0.2
0.17
0.09
-0.67
-0.02
0.15
0.02
- -
Free Cash Flow per Basic Share
0.23
0.21
-0.67
0.06
-0.24
-0.27
-0.03
-0.03
-0.14
- -
Dividend per Share
1.44
0.14
0.14
0.14
0.11
0.08
- -
- -
0.11
- -
Book Value per Share
1.61
1.85
1.97
2
1.98
1.24
1.23
1.39
1.24
1.24
Tangible Book Value per Share
1.61
1.83
1.77
1.79
1.15
0.74
1.04
1.2
1.06
1.06
Basic Weighted Avg Shares
36
36
36
36
37
36
32
36
37
38
Sales/Revenue/Turnover
34
12
23
31
78
85
50
41
40
- -
Operating Margin (%)
-2.29
-10.1
4.4
4.18
5.72
-13.59
3.52
1.5
3.75
- -
Depreciation Expense
- -
- -
2
3
6
16
6
4
4
- -
Net Income, GAAP
8
14
7
6
3
-24
-1
5
1
- -
Effective Tax Rate (%)
5.07
28.62
18.22
15.92
14.51
- -
- -
18.85
50.55
- -
Profit Margin (%)
22.52
117.47
31.78
19.55
4.22
-28.29
-1.27
13.01
1.9
- -
Working Capital
20
42
48
44
23
-2
10
36
19
19
LT Debt
- -
15
19
17
25
19
28
15
16
16
Total Equity
60
70
73
75
75
47
46
59
47
47
Return on Invested Capital (%)
- -
16.3
7
6.46
4.35
- -
- -
1.86
1.02
- -
Return on Capital (%)
- -
19.02
8.46
6.97
4.44
- -
- -
9.09
1.52
- -
Return on Common Equity (%)
- -
21.46
10.29
8.45
4.58
-41.42
-1.43
11.37
1.54
- -

Capital Structure

EUR

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
3
2
4
LT Borrowings
14
17
15
LT Finance Leases
1
- -
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
36
38
38
Market Capitalization
- -
- -
33

Working Capital

EUR

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
46
33
31
Cash, Cash Equivalents & STI
29
15
12
Accounts Receivable, Net
5
6
5
Inventories
9
10
13
Total Current Liabilities
11
10
12
Payables & Accruals
- -
- -
- -
ST Debt
3
2
4
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-5.99%
-20.41%
Free Cash Flow
- -
-50.24%
335.02%
Net Income, GAAP
- -
-401.15%
-86.03%
Sales/Revenue/Turnover
- -
19.54%
-4.1%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
50
2024
- -
- -
41
2025
- -
- -
40

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.02
2024
- -
- -
0.15
2025
- -
- -
0.02

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
0.11

Company Description

CEO
Erja Sankari
Full Time Employees
106
Sector
Finance
Industry
Investment managers
Address
Kauppurienkatu 12 B Oulu NO Finland 90100
IPO Date
Sep 7, 2020
Business
Foamit Oyj is a Nordic industrial circular economy group specializing in foam glass production and glass recycling, headquartered in Forssa, Finland, and founded in 2020. The company develops, processes, and commercializes recycled glass materials and foam glass products for construction and infrastructure, leveraging sustainable materials and circular economy practices to transform glass waste into high-value inputs for multiple sectors. Foamit operates primarily in Finland with subsidiaries in neighboring Nordic markets, expanding its footprint through strategic partnerships and capacity enhancements to support growth in sustainable building materials and wastewater purification applications. Main products and services include foam glass ballast and insulation products for infrastructure and construction; cleaned glass cullet and bespoke recycled glass materials for industrial use; and related recycling and materials technology services that capture value from glass waste streams. The group integrates raw material sourcing, material processing, product manufacturing, and market-facing services under a unified corporate structure, targeting construction, infrastructure, and environmental technology segments across the Nordic region. Founding year and headquarters are complemented by a scalable manufacturing network and a portfolio of subsidiaries to support regional operations, with ongoing initiatives to broaden product lines and customer reach through collaborations and potential future acquisitions. Foamit’s business model emphasizes sustainability, material efficiency, and the creation of durable, low-impact building materials derived from recycled glass streams. Recent developments include enhanced production capabilities, exploration of new customer segments in construction and wastewater purification, and strategic alliances aimed at expanding geographic reach and product diversification.