Magontec Overview
- Year Founded
-
1953

- Status
-
Public
- Employees
-
339

- Stock Symbol
-
MGL

- Share Price
-
$0.13
- (As of Friday Closing)
Magontec General Information
Description
Magontec Ltd is engaged in the manufacturing and sale of generic and specialist magnesium alloys as well as magnesium and titanium cathodic corrosion protection products. It also researches and develops new proprietary magnesium alloys and technologies. The company's products and services are Primary Mg Alloy, Magnesium Alloy Recycling, and Cathodic Corrosion Protection. It has three segments: Admin, EUR and PRC.
Contact Information
Website
www.magontec.comCorporate Office
- Suite 2.01, 139 Macquarie Street
- Sydney, New South Wales 2000
- Australia
Corporate Office
- Suite 2.01, 139 Macquarie Street
- Sydney, New South Wales 2000
- Australia
Magontec Stock Performance
As of 16-May-2025, Magontec’s stock price is $0.13. Its current market cap is $7.66M with 57M shares.
(As of Friday Closing)
Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
---|---|---|---|---|---|---|
$0.13 | $0.13 | $0.10 - $0.24 | $7.66M | 57M | 9.8K | -$0.08 |
Magontec Financials Summary
As of 31-Dec-2024, Magontec has a trailing 12-month revenue of $37.7M.
In Thousands, USD |
TTM 31-Dec-2024 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
---|---|---|---|---|
EV | 5,751 | 5,751 | 12,886 | 16,247 |
Revenue | 37,656 | 37,656 | 67,934 | 109,847 |
EBITDA | (2,878) | (2,878) | 2,012 | 17,075 |
Net Income | (6,277) | (6,277) | 309 | 11,438 |
Total Assets | 43,895 | 43,895 | 58,025 | 65,529 |
Total Debt | 1,408 | 1,408 | 3,010 | 6,323 |
Magontec Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
Magontec Comparisons
Industry
Financing
Details
Magontec Competitors (2)
One of Magontec’s 2 competitors is Tergeo, a Formerly VC-backed company based in Danville, Canada.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Tergeo | Formerly VC-backed | Danville, Canada | ||||
Magnium Australia | Angel-Backed | Notting Hill, Australia |
Magontec Patents
Magontec Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
DE-102023119090-B3 | Connection element for a potentiostat | Active | 19-Jul-2023 | ||
EP-4496133-A1 | Connection element for a potentiostat | Pending | 19-Jul-2023 | ||
US-20250030187-A1 | Connecting element for a potentiostat | Pending | 19-Jul-2023 | ||
DE-102018127305-A1 | Electric heater element with an electrically operated heating element and an anode for cathodic corrosion protection | Inactive | 31-Oct-2018 | ||
US-20200141611-A1 | Electric heating element having an electrically operated heating element and an anode for cathodic corrosion protection | Inactive | 31-Oct-2018 | H05B3/82 |
Magontec Signals
Magontec FAQs
-
When was Magontec founded?
Magontec was founded in 1953.
-
Where is Magontec headquartered?
Magontec is headquartered in Sydney, Australia.
-
What is the size of Magontec?
Magontec has 339 total employees.
-
What industry is Magontec in?
Magontec’s primary industry is Other Metals, Minerals and Mining.
-
Is Magontec a private or public company?
Magontec is a Public company.
-
What is Magontec’s stock symbol?
The ticker symbol for Magontec is MGL.
-
What is the current stock price of Magontec?
As of 16-May-2025 the stock price of Magontec is $0.13.
-
What is the current market cap of Magontec?
The current market capitalization of Magontec is $7.66M.
-
What is Magontec’s current revenue?
The trailing twelve month revenue for Magontec is $37.7M.
-
Who are Magontec’s competitors?
Tergeo and Magnium Australia are competitors of Magontec.
-
What is Magontec’s annual earnings per share (EPS)?
Magontec’s EPS for 12 months was -$0.08.
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