Molekule Group, Inc., an interior space air purification technology company, provides air purification solutions for hospitals and other healthcare facilities. The company offers interior air sterilization and disinfection products for the eradication of harmful airborne pathogens, including COVID-19. Its air hygiene product, Purgo (pure-go), a medical device that provides continuous air filtration, sanitization, and supplemental ventilation solutions with technology applied in any indoor space, including in hospitals, offices, and elevators. The company's Purgo products feature SteriDuct, a proprietary germicidal technology that work to equipment and devices to reduce the exposure of occupants of interior spaces to airborne particles and pathogens; Air Mini+, a direct-to-consumer air purifier, which features include a particle sensor, five fan speeds, and automatic fan speed adjustment through the product's auto protect mode; Air Pro, a direct-to-consumer and business-to-business product for rooms of up to 1,000 square feet; and Air Pro Rx, a medical-grade purifier designed for traffic areas in healthcare facilities for rooms more than 600 square feet. It also offers PECO-HEPA Tri-Power filter; Molekule App, a mobile application that provides a 28 day look back of IAQ trends sensed by the Air Pro air purifier, breaking down pollutants detected, including VOCs, and pollutants that range from PM 1 to PM 10 in size; and Molekule Air Platform, a dashboard that allows data from multiple air purifiers and controls to be accessed in one interface. The company was formerly known as AeroClean Technologies, Inc. and changed its name to Molekule Group, Inc. in January 2023. Molekule Group, Inc. was founded in 2011 and is headquartered in Palm Beach Gardens, Florida.
General Outlook
In simple terms, Molekule Group, Inc. has 34.654 M shares that people are buying and selling right now. When we look at how much money they make before expenses, they keep 0.442% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is -2.875%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of -1.578%. This tells us they're good at keeping money after all costs.
Return on Investments
The company's asset efficiency, represented by a robust -0.105% return, is a testament to Molekule Group, Inc.'s adeptness in optimizing resource deployment. Molekule Group, Inc.'s utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of -0.438%. Furthermore, the proficiency of Molekule Group, Inc. in capital utilization is underscored by a remarkable -0.228% return on capital employed.
Stock Prices
Molekule Group, Inc.'s stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $0.0119, while its low point bottomed out at $0.0068. This variance in figures offers investors a lucid insight into the roller-coaster ride that is Molekule Group, Inc.'s stock market.
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