Last C$0.38 CAD
Change Today +0.03 / 8.57%
Volume 85.5K
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As of 3:59 PM 01/23/15 All times are local (Market data is delayed by at least 15 minutes).

crailar technologies inc (CL) Snapshot

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Day High
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52 Week High
02/25/14 - C$1.83
52 Week Low
12/18/14 - C$0.21
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Average Volume 10 Days
Shares Outstanding
Dividend Yield

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crailar technologies inc (CL) Details

Crailar Technologies Inc., a development stage company, is engaged in the business of technological development and of natural sustainable fibers. It primarily deploys and produces its proprietary CRAiLAR Flax fibers, as well as CRAiLAR processing technologies targeted at the natural yarn and textile, and the cellulose pulp and composites industries. The company develops CRAiLAR Fiber for textiles, which is flax, hemp, or other sustainable bast fiber available in various blends, textures, colors, and applications; and CRAiLAR technologies for the processing of cellulose-based fibers in pulp and paper, and high grade dissolving pulp for use in the additives, ethers, and the performance apparel industries. It also processes CRAiLAR shive and seed products. The company was formerly known as Naturally Advanced Technologies Inc. and changed its name to Crailar Technologies Inc. in October 2012. Crailar Technologies Inc. was founded in 1998 and is headquartered in Victoria, Canada.

16 Employees
Last Reported Date: 08/4/14
Founded in 1998

crailar technologies inc (CL) Top Compensated Officers

Co-Founder, President, Chief Innovation Offic...
Total Annual Compensation: $174.8K
Chief Financial Officer and Treasurer
Total Annual Compensation: $187.5K
Compliance Officer and Corporate Controller
Total Annual Compensation: $174.8K
Total Annual Compensation: $300.0K
Chief Marketing Officer
Total Annual Compensation: $180.0K
Compensation as of Fiscal Year 2013.

crailar technologies inc (CL) Key Developments

Crailar Technologies Inc. Approves Amendment to the Notice of Articles

Crailar Technologies Inc. approved amendment to the company's Notice of Articles to increase the company's authorized shares of common stock from 100,000,000 shares of common stock to an unlimited number of shares of common stock without par value at its AGM held on November 10, 2014.

Crailar Technologies Inc. Announces Management Changes

CRAiLAR Technologies Inc. reported that Ken Barker has resigned as Chief Executive Officer and a Director of the Company. In conjunction with the Board's acceptance of his resignation, Mr. Barker has agreed to continue on as a consultant for one year. In his consulting role Mr. Barker will be Chief Strategic Advisor to the Company and will continue to work with the Company's executive team. Lesley Hayes, Chair of the Board of Directors has been appointed the interim Chief Executive Officer of the Company. Jason Finnis, President and Chief Innovation Officer will assume the additional responsibility for plant operations and Ted Sanders, Chief Financial Officer and Treasurer will assume responsibility for Sales and Marketing.

Crailar Technologies Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter Ended September 27, 2014

Crailar Technologies Inc. reported unaudited consolidated earnings results for the third quarter ended September 27, 2014. For the quarter, the company reported net loss of $1,472,000 against $5,674,000 a year ago. Revenues were $1,159,000 against $15,000 a year ago. Basic and diluted loss per share was $0.02 against $0.13 a year ago. LBITDA was $704,000 against $4,797,000 a year ago. Adjusted LBITDA was $866,000 against $1,424,000 a year ago. Net cash used in operating activities was $6,367,000 against $7,493,000 a year ago. Acquisition of property and equipment was $1,092,000 against $2,735,000 a year ago. Acquisition of intangible assets was $21,000 against $89,000 a year ago.


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