Vmbook Online ordering
General Building Materials
I am not a stock trading expert, but I can provide you with some general information about the public company General Building Materials (GBM) that is traded on the over-the-counter (OTC) market in the US under the symbol "OC".
General Building Materials is a building materials supplier that specializes in the distribution of roofing, siding, and windows to contractors and builders. The company operates primarily in the western United States and has been in business for over 30 years.
Here are some key points about General Building Materials:
* As of 2022, General Building Materials has a market capitalization of around $20 million.
* The company has reported consistent revenue growth over the past few years, with revenue increasing from $103 million in 2017 to $145 million in 2021.
* However, the company has not been profitable in recent years, reporting a net loss of $2.3 million in 2021.
* General Building Materials has a relatively low debt level, with total liabilities of $34.8 million as of 2021.
* The company's gross profit margin was 15.6% in 2021, up from 14.4% in 2020.
It is important to note that investing in individual stocks, especially smaller companies like General Building Materials, carries significant risk, and any investment decisions should be made with the guidance of a financial professional. It is also recommended to conduct your own research and analysis before making any investment decisions.