Hexagon Composites Overview
- Year Founded
-
1985
- Status
-
Public
- Employees
-
1,033
- Stock Symbol
-
HEX
- Investments
-
13
- Share Price
-
$1.88
- (As of Friday Closing)
Hexagon Composites General Information
Description
Hexagon Composites ASA is a supplier of clean energy technology for gas storage, distribution, fuel systems, and drivetrains. Its operating segments are Hexagon Agility & CNG LDV, Hexagon Purus, Hexagon Digital Wave, and Hexagon Ragasco LPG. Hexagon Agility & CNG LDV segment offers natural gas fuel systems and delivery solutions for the mobility market. Hexagon Purus is a provider of technology needed for zero-emission mobility. The Hexagon Digital Wave segment offers cylinder testing and monitoring technology. Hexagon Ragasco LPG segment is a manufacturer of composite LPG cylinders. It operates through Europe, North America, Southeast Asia, the Middle East, and Norway geographic regions.
Contact Information
Website
www.hexagongroup.comCorporate Office
- Korsegata 4B
- 6002 Alesund
- Norway
Corporate Office
- Korsegata 4B
- 6002 Alesund
- Norway
Hexagon Composites Timeline
Hexagon Composites Stock Performance
As of 25-Apr-2025, Hexagon Composites’s stock price is $1.88. Its current market cap is $396M with 210M shares.
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $1.88 | $1.89 | $1.48 - $4.46 | $396M | 210M | 1.6M | -$0.13 |
Hexagon Composites Financials Summary
As of 31-Dec-2024, Hexagon Composites has a trailing 12-month revenue of $451M.
|
In Thousands, USD |
TTM 31-Dec-2024 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
|---|---|---|---|---|
| EV | 945,911 | 945,911 | 693,023 | 729,139 |
| Revenue | 450,574 | 450,574 | 426,407 | 443,634 |
| EBITDA | (45,825) | (45,825) | (51,499) | 46,713 |
| Net Income | (25,894) | (25,894) | 113,824 | (32,214) |
| Total Assets | 624,247 | 624,247 | 632,040 | 806,438 |
| Total Debt | 167,130 | 167,130 | 153,150 | 231,451 |
Hexagon Composites Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Hexagon Composites Patents
Hexagon Composites Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-4538636-A1 | Coordinate measurement system having at least two limbs | Pending | 09-Oct-2023 | ||
| EP-4535043-A1 | Eddy current sensor inspection system with ai | Pending | 06-Oct-2023 | ||
| US-20250116535-A1 | Eddy current sensor inspection with ai | Pending | 06-Oct-2023 | ||
| EP-4534947-A1 | Human interaction element with measurement function for coordinate measuring machine | Pending | 05-Oct-2023 | ||
| EP-4534948-A1 | Coordinate measuring machine with counterweight member | Pending | 05-Oct-2023 | G01B5/0016 |
Hexagon Composites Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Hexagon Composites Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Hexagon Composites Investments & Acquisitions (13)
Hexagon Composites’s most recent deal was a PIPE with Hexagon Purus for . The deal was made on 18-Nov-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Hexagon Purus | 18-Nov-2024 | PIPE | Other Equipment | ||
| Sustainable Energy Solutions (Industrial Supplies and Parts) | 29-May-2024 | Secondary Transaction - Private | Industrial Supplies and Parts | ||
| Brudeli Green Mobility | 18-Dec-2023 | Early Stage VC | Automotive | ||
| Hexagon Purus | 15-Feb-2022 | PIPE | Other Equipment | ||
| Hexagon Agility | 04-Jan-2019 | Secondary Transaction - Private | Energy Transportation |
Hexagon Composites ESG
Risk Overview
Risk Rating
Updated February, 15, 2025
26.32 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 15,109
Rank
Percentile
Machinery
Industry
of 587
Rank
Percentile
Industrial Machinery
Subindustry
of 434
Rank
Percentile
Hexagon Composites Exits (1)
Hexagon Composites’s most recent exit was on 01-Jan-1997 from Comrod Communication. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Comrod Communication | 01-Jan-1997 | Completed |
|
Hexagon Composites Affiliates
Subsidiaries (2)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Hexagon Raufoss | Aalesund, Norway | 2002 | |
| Hexagon Agility | Costa Mesa, CA | 1996 |
Hexagon Composites FAQs
-
When was Hexagon Composites founded?
Hexagon Composites was founded in 1985.
-
Where is Hexagon Composites headquartered?
Hexagon Composites is headquartered in Alesund, Norway.
-
What is the size of Hexagon Composites?
Hexagon Composites has 1,033 total employees.
-
What industry is Hexagon Composites in?
Hexagon Composites’s primary industry is Energy Storage.
-
Is Hexagon Composites a private or public company?
Hexagon Composites is a Public company.
-
What is Hexagon Composites’s stock symbol?
The ticker symbol for Hexagon Composites is HEX.
-
What is the current stock price of Hexagon Composites?
As of 25-Apr-2025 the stock price of Hexagon Composites is $1.88.
-
What is the current market cap of Hexagon Composites?
The current market capitalization of Hexagon Composites is $396M.
-
What is Hexagon Composites’s current revenue?
The trailing twelve month revenue for Hexagon Composites is $451M.
-
What is Hexagon Composites’s annual earnings per share (EPS)?
Hexagon Composites’s EPS for 12 months was -$0.13.
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