Last $0.35 USD
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lapolla industries inc (LPAD) Snapshot

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52 Week High
03/10/14 - $0.72
52 Week Low
08/25/14 - $0.28
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lapolla industries inc (LPAD) Details

Lapolla Industries, Inc. manufactures and distributes foam, coatings, and equipment used in commercial, industrial, and residential applications in the insulation and construction industries. The company operates through two segments, Foams and Coatings. The Foams segment supplies spray foam insulation for perimeter wall, crawl space, and attic space for commercial, industrial, and residential applications; and roofing foam for new and retrofit commercial, industrial, and residential applications. This segment also supplies polyurethane as an adhesive for board stock insulation to roofing substrates for commercial and industrial applications, sundry items, and application equipment. The Coatings segment supplies various protective elastomeric coatings and primers for roofing systems for new and retrofit applications to the roofing industry. This segment also supplies caulking for general application in the construction industry, and sundry items. Lapolla Industries sells its products directly, as well as through independent representatives, distributors, and public bonded warehouses in the United States and internationally. The company was founded in 1977 and is based in Houston, Texas.

73 Employees
Last Reported Date: 04/10/14
Founded in 1977

lapolla industries inc (LPAD) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $350.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $166.5K
Chief Operating Officer
Total Annual Compensation: $250.0K
Chief Governance Officer, Executive Vice Pres...
Total Annual Compensation: $185.0K
Compensation as of Fiscal Year 2013.

lapolla industries inc (LPAD) Key Developments

Lapolla Industries, Inc. Announces Unaudited Financial Results for the Third Quarter and Nine Months Ended September 30, 2014

Lapolla Industries, Inc. announced unaudited financial results for the third quarter and nine months ended September 30, 2014. For the third quarter of 2014, the company generated sales of $17.9 million, as compared to $18.1 million during the same period in 2013. Adjusted EBITDA was a loss of $20,630, as compared to a gain of $689,602 in the same period of 2013. Operating income was $436,077 compared to income of $94,294 in the same period of 2013. Net loss was $1,014,359 or $0.01 per basic and diluted share compared to $297,178 in the same period of 2013. For the nine months, sales were $52,661,376 compared to $52,837,387 a year ago. Operating loss was $740,128 compared to $91,109 a year ago. Net loss was $2,328,265 or $0.02 per basic and diluted share compared to $1,325,088 or $0.01 per basic and diluted share a year ago. Net cash used in operating activities was $744,840 compared to $11,464 a year ago. Acquisition of property, plant and equipment was $206,427 compared to $40,401 a year ago. Adjusted EBITDA was $496,619 compared to $1,797,540 a year ago.

LaPolla Industries, Inc. announced delayed 10-Q filing

On 11/17/2014, LaPolla Industries, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Lapolla Industries, Inc. Announces Resignation of Howard L. Brown from its Board of Directors

Howard L. Brown resigned from the board of directors of Lapolla Industries, Inc. Mr. Brown did not resign from the board as a result of any disagreement with the company regarding the company's operations, policies or practices.


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Price/Sales 0.6x
Price/Book 643.4x
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