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About No Fire Technologies
Its shares trade under the ticker NFTI. It has been listed since 15 September 1995. In the fiscal year to 31 August 2024, it reported revenue of $638,823 and a net loss of $109,925. At that date it held total assets of $196,642 and shareholders' equity of −$6.1m.
NoFire Technologies, Inc. engages in the development of coatings and textile wrap systems, and provision of intumescent technology and passive fire protection solutions. The company is headquartered in Upper Saddle River, New Jersey. The firm is engaged in research, marketing, design and engineering of fire and heat protection system solutions for various applications, including commercial, industrial, utilities, government, marine, aerospace, nuclear, military, residential and transportation. The company provides solutions in fire protection systems. The firm offers products, including NoFire A-18 NV, NoFire LP, NoFire A-18, NoFire URACOAT, NoFire A-18 Marine, NoFire Textiles, and NoFire engineered products, such as S-Barrier and B-Barrier. The NoFire Textiles can also be top coated for protection against water, chemicals and ultraviolet (UV) exposure. Its NoFire LP is used for residential, commercial and industrial original equipment manufacturer (OEM) applications, such as coating of wood products. Its NoFire A-18 Marine paint is used for all civilian maritime applications.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Chemicals
- Listed since
- 15 Sept 1995
- Employees
- 5
- Website
- nofire.net ↗
Leadership
Pay as last reported
- Mr. Samuel OolieChairman of the Board, Chief Financial Officer, Chief Operating Officer, since 1993$8,616
- Dr. Samuel GottfriedPresident, Chief Executive Officer, Chief Technical Officer, Assistant Treasurer, Director, since 1991$29,180
- Bernard KosterDirector
- Gerald LitwinDirector
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- No Fire Technologies Inc has several notable strengths that contribute to its success. Firstly, the company possesses a highly skilled and experienced team of engineers and technicians. This expertise enables them to develop innovative fire prevention technologies that are effective and reliable.
- Secondly, No Fire Technologies Inc has established strong partnerships with key industry players. These collaborations provide access to additional resources, market knowledge, and distribution channels, enhancing the company's competitive advantage.
- Furthermore, the company's fire prevention products are built with advanced technology and undergo thorough testing to ensure their quality and effectiveness. This commitment to delivering reliable solutions strengthens customer trust and loyalty.
Weaknesses
- While No Fire Technologies Inc has numerous strengths, it also faces certain weaknesses that need to be addressed. One weakness is the relatively high production costs associated with manufacturing their fire prevention technologies. This may limit their ability to offer competitive pricing in certain market segments.
- Additionally, the company's brand awareness and visibility could be improved. Strengthening marketing efforts and increasing promotional activities will help to overcome this weakness and reach a larger audience.
Opportunities
- No Fire Technologies Inc can leverage several opportunities to further expand its market presence. With the increasing demand for fire prevention measures across various industries, the company has the potential to tap into new markets and diversify its product offerings.
- Additionally, technological advancements provide opportunities for No Fire Technologies Inc to enhance their existing products or develop new ones. By staying at the forefront of innovation, the company can maintain a competitive edge and attract new customers.
Threats
- No Fire Technologies Inc operates in a highly competitive market, facing threats from both established competitors and emerging players. These competitors may have larger financial resources or stronger brand recognition, posing challenges when it comes to market share acquisition.
- Moreover, the regulatory environment surrounding fire prevention technologies is subject to constant changes. Adapting to new regulations and ensuring compliance can be a potential threat if it requires significant investments or impacts product development timelines.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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