Last $0.42 USD
Change Today 0.00 / 0.00%
Volume 0.0
AXIH On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 01/27/15 All times are local (Market data is delayed by at least 15 minutes).

axion international holdings (AXIH) Snapshot

Open
$0.33
Previous Close
$0.42
Day High
$0.42
Day Low
$0.33
52 Week High
01/29/14 - $0.97
52 Week Low
11/21/14 - $0.28
Market Cap
29.6M
Average Volume 10 Days
15.8K
EPS TTM
$-1.09
Shares Outstanding
70.5M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for AXION INTERNATIONAL HOLDINGS (AXIH)

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axion international holdings (AXIH) Details

Axion International Holdings, Inc., a green technology company, provides solutions to plastics manufacturers and infrastructure needs in the United States and internationally. The company operates in two segments, Engineered Products and Reprocessed Plastics. The Engineered Products segment manufactures, markets, and sells composite rail ties under the ECOTRAX brand name; and structural building products, such as heavy-and light-equipment construction mats, boards, pilings, I-beams, and T-beams under the STRUXURE brand name. This segment markets its products to the railroad industry, the U.S. military, and industrial engineering and contracting firms. The Reprocessed Plastics segment procures, recycles, reprocesses, and sells waste materials comprising raw materials, such as polypropylene and polyethylene, as well as various engineering grades of plastic scrap into resin pellets to customers for use in a range of manufacturing industries, including automotive, packaging, and consumer products. Axion International Holdings, Inc. was founded in 2006 and is based in Zanesville, Ohio.

120 Employees
Last Reported Date: 04/10/14
Founded in 2006

axion international holdings (AXIH) Top Compensated Officers

Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $175.0K
Compensation as of Fiscal Year 2013.

axion international holdings (AXIH) Key Developments

AXION International Holdings, Inc. Builds STRUXURE Commercial Boardwalk Products in Canada

AXION International Holdings, Inc. announced that its STRUXURE Commercial Boardwalk products were used in a public trail rehabilitation project in Mer Bleue, in Ottawa's Greenbelt, an environmentally sensitive and protected area. The company’s 100% recycled STRUXURE® composite building products used in the wetlands boardwalk project are long-lasting, durable, and require less maintenance than wood. The products will not rust, splinter, crumble, rot, absorb moisture, and are safe for the environment. The Company used large profile STRUXURE® boards in the sub-structure to build approximately 800 feet of various public walkways in Mer Bleue, just south of Ottawa, Ontario, Canada. Mer Bleue, an 8,650 acre conservation area has a northern eco-system more typical of the Arctic than Ottawa Valley. It is a wetland of international significance recognized under the United Nations' Ramsar Convention. Mer Bleue supports plants and wildlife populations that are typical of arctic bogs. A large section of the area is accessible through interpretive boardwalks. STRUXURE Commercial Boardwalk Systems are easy to install requiring no special training or equipment and can be built quickly. Made from recycled material, they are engineered using a patented structural thermoplastic formula, making them extremely strong, durable, long-lasting, and resistant to rot, fungi, insects, and moisture. AXION technology does not absorb or release any liquids or chemicals into the environment and contain no toxic materials making them clean and safe for the environment. The products are 100% recyclable at the end of their long, functional life. STRUXURE® products by AXION meet or exceed current building standards and are designed to be used in heavy-load vehicular bridges, pedestrian bridges, and commercial boardwalks. They are ideal in wet or harsh-temperature environments, require low maintenance, outperform traditional materials in harsh conditions, and are a highly cost-effective choice.

Axion International Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

AXION reported earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenue of $3,122,912, a 145% increase over revenues of $1,272,689 for the third quarter of 2013. Revenue from the sale of its engineered products was $1.7 million and $1.3 million for the third quarter of 2014 and 2013, respectively. As the Company transitions its Zanesville facility to provide increased production capacity for its engineered products, revenue from the sale of reprocessed plastics is expected to decrease. Primarily as a result of the gain recognized from the change in fair value of its derivative liabilities, net income for the third quarter ended June 30, 2014 was $2.7 million, as compared to net loss of $951,297 for the corresponding period of 2013. For the nine months ended September 30, 2014, the company reported $12 million in revenues an increase from $4.5 million for the same period in 2013, of which $6.6 million was attributable to the engineered products division. The remainder was attributable to reprocessed plastics sales. Net loss was $14.1 million and $4.3 million, respectively.

Axion International Holdings Deleted From OTCBB

Axion International Holdings, Inc.’s common stock has been deleted from OTC Bulletin Board (OTCBB) effective November 12, 2014 on account of its ineligibility for quotation on OTCBB due to quoting inactivity under SEC Rule 15c2-11.

 

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