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American Fiber Green Products
American Fiber Green Products (AFBG) is a publicly-traded company that specializes in the manufacturing and recycling of communication and power infrastructure products. The company's product portfolio includes items such as fiber optic cable, copper cable, and green energy products.
As of the most recent financial statements, the company's revenue for the quarter ending September 30, 2021, was $2.34 million, representing an increase of 22.3% compared to the same period in the previous year. The net income for the same period was $0.17 million, compared to a net loss of $0.16 million in the same period of the previous year.
In terms of earnings, the company reported earnings per share of $0.01 for the quarter ending September 30, 2021, compared to a loss per share of $0.01 in the same period of the previous year.
The company's earnings growth has been moderate, with an annual earnings growth rate of 6.4% over the past 5 years. However, it's important to note that this growth rate may not be sustained in the future.
In addition to its financial performance, American Fiber Green Products has a market capitalization of $12.03 million and trades on the over-the-counter (OTC) markets under the symbol "AFBG".
It's important to note that investing in stocks always carries risk, and it's recommended that investors perform their own due diligence and consult with a financial advisor before making investment decisions. The information provided here is for informational purposes only and should not be considered as investment advice.
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