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0.00%
Close of 5 Nov 2026, in USD
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About Nano Magic
Its shares trade under the ticker NMGX. It has been listed since 19 February 1993. In the fiscal year to 31 December 2024, it reported revenue of $2.5m and a net loss of $4.5m. At that date it held total assets of $1.9m and shareholders' equity of −$912,800.
Nano Magic, Inc. engages in the development, marketing, and sale of consumer and industrial products enabled by nanotechnology. The company is headquartered in Miami, Florida. The firm performs nanotechnology product research and development through performing contract services. The company operates through two segments: product segment and contract services segment. The product segment is engaged in the development, manufacture and sale of consumer and institutional products using nanotechnology to deliver performance attributes at the surfaces of a variety of substrates. The Contract services segment provides nanotechnology design and development services for government and private entities and sales of products developed for third parties. The company serves various industries, such as optical, transportation, military, sports and safety industries.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Chemicals
- Listed since
- 19 Feb 1993
- Employees
- 16
- Website
- nanomagic.com ↗
- Head office
- 31601 RESEARCH PARK DRIVE, MICHIGAN, MI, 48071
- Incorporated in
- DE
- Classification
- Coating, Engraving & Allied Services
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. Scott RickertChairman of the Board, Chief Executive Officer, since 2014$214,000
- Mr. Tom BermanPresident
- Mr. Leandro VeraChief Financial Officer
- Ms. Jacque SoptickChief Accounting Officer
- Ms. Jeanne RickertGeneral Counsel, Director, since 2014
- Mr. Miles GatlandDirector
- Mr. Casey HurbisDirector
- Mr. James SharpDirector
- Mr. Ronald BermanIndependent Director
- Lynn LillyDirector of Communication, since 2015
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
- Nano Magic Inc holds a strong position in the market due to its innovative and advanced nanotechnology solutions. The company's products are highly effective, offering superior performance compared to competitors. Its strong research and development team enables continuous product improvement and keeps Nano Magic Inc ahead of its rivals.
- Nano Magic Inc has built a robust brand reputation and customer loyalty through consistent quality and customer satisfaction. Its products have gained recognition for their durability, long-lasting effects, and environmental friendliness.
Weaknesses
- Despite the company's strengths, Nano Magic Inc faces certain weaknesses. One major weakness is its limited brand awareness in certain markets. This can hinder business growth and expansion opportunities, particularly in regions where potential customers are unfamiliar with nanotechnology solutions.
- Nano Magic Inc relies heavily on its research and development investments, which can lead to increased costs. This cost factor may limit the company's ability to offer competitive pricing or invest in other areas of business development.
Opportunities
- Nano Magic Inc has various opportunities to explore. The increasing demand for eco-friendly and sustainable solutions provides a significant market potential for the company's products. By emphasizing the environmental benefits of its nanotechnology, Nano Magic Inc can target environmentally conscious consumers.
- Expansion into new geographic markets can also be a lucrative opportunity for Nano Magic Inc. By actively promoting and establishing its brand in untapped regions, the company can strengthen its market presence and drive revenue growth.
Threats
- Nano Magic Inc faces a range of external threats. Intense competition from both established players and new entrants in the nanotechnology sector poses a risk to its market share. These competitors may offer similar products at competitive prices or introduce disruptive technologies.
- Additionally, changes in government regulations related to nanotechnology, environmental standards, and safety regulations can impact Nano Magic Inc's operations and require costly compliance measures.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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