Nature Wood Group Ltd

Earnings data Q4 2023

Nature Wood Group Ltd. is a holding company, which engages in forest management, harvesting and down-stream wood processing and distribution of logs, decking, flooring, and sawn timber products. It operates through the Direct Purchase and ODM, and Manufacturing Segments. The Direct Purchase and ODM segment represent sourcing of live wood and owning designed design on wood products for sales to end customers. The Manufacturing segment is involved in manufacturing decking, flooring, or sawn timbers. The company was founded on September 22, 2011 and is headquartered in Macau, China.

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Nature Wood Group Limited Expects 75% Revenue Growth in 2024 MACAU , March 4, 2024 /PRNewswire/ -- Nature Wood Group Limited ("Nature Wood" or the "Company"), one of global leaders in vertically-integrated forestry and FSC business operations, is pleased to announce its guidance for the fiscal year 2024. The company expects to achieve a significant increase in revenue, reaching $45 million, compared to the recently preannounced revenue of $25.4 million for 2023.

Nature Wood Group Limited Announces Strong 2024 Guidance Driven by EU Regulations

MACAU , Feb. 14, 2024 /PRNewswire/ -- Nature Wood Group Limited (NASDAQ: NWGL), a global leader in vertically-integrated forestry and FSC business operations, today revealed its preliminary financial results for the full year ended December 31, 2023. 2023 Financial Overview: Nature Wood experienced a challenging year in 2023, with total sales reaching $25.4 million, a decrease from $55.3 million in 2022.

Nature Wood Group Limited Announces Preliminary Full Year 2023 Financial Results

NEW YORK , Dec. 18, 2023 /PRNewswire/ -- Nature Wood Group Limited ("Nature Wood" or the "Company"), a global leader in vertically-integrated forestry and FSC business operations, today disclosed its unaudited financial results for the six months ended June 30, 2023. Financial Highlights: Total revenue for the first half of 2023 stood at approximately $15.6 million, marking a decrease of 49.6% from the $31.0 million recorded in the same period of last year.

Nature Wood Group Limited Announces First Half 2023 Unaudited Financial Results

MACAU , Nov. 28, 2023 /PRNewswire/ -- Nature Wood Group Limited ("Nature Wood" or the "Company"), a global leader in vertically-integrated forestry and FSC business operations, today provides an update on its financial performance for the first half of 2023, ending June 30, 2023. In light of the challenging global economic conditions that have significantly impacted the home building and home renovation sectors, Nature Wood anticipates that its financial results for the first half of 2023 will be lower as compared to the first half of  the previous year, in terms of both revenues and earnings.

Nature Wood Group Limited Provides Update on First-Half 2023 Financial Performance

MACAU, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Nature Wood Group Limited (the “Company” or “Nature Wood”) (Nasdaq: NWGL), a global leading vertically-integrated forestry company that focuses on FSC business operations, today announced that Prime Number Capital LLC, as underwriter of the Company's initial public offering (“IPO”), has partially exercised the over-allotment option to purchase an additional 85,868 ADSs at the IPO price of US$9 per ADS. As a result, the Company has raised gross proceeds of $772,812, in addition to the previously announced IPO gross proceeds of approximately $6,750,000, before underwriting discounts and offering expenses.

Nature Wood Group Limited Announces Partial Exercise of the Underwriter's Over-Allotment Option

Macau, China, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Nature Wood Group Limited (the “Company” or “Nature Wood”) (Nasdaq: NWGL), a global leading vertically-integrated forestry company that focuses on FSC business operations, today announced its Chinese subsidiary Foshan City Linjia Technology Company Limited (“Linjia Tech”) has entered into a framework agreement (“Framework Agreement”) with the Research Institute of Wood Industry, Chinese Academy of Forestry ("Research Institute") on September 22, 2023, pursuant to which Linjia Tech has formed a five-year innovative partnership with the Research Institute on the research and development in relation to biomass supramolecular and biomass carbon electrode new materials. This collaboration marks a significant stride towards advancing biomass carbon innovation, with both parties dedicated to propelling advancements in biomass supramolecular and biomass carbon electrode materials.

Nature Wood Group Limited Announces Strategic Cooperation with the Research Institute of Wood Industry, Chinese Academy of Forestry, Launching Its Biomass Supramolecular New Materials Innovation Project

MACAU, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Nature Wood Group Limited (the “Company” or “Nature Wood”), a global leading vertically-integrated forestry company that focuses on FSC business operations, today announced the closing of its initial public offering (the “Offering”) of 750,000 American Depositary Shares (“ADS”) at a price to the public of US$9 per ADS for gross proceeds of US$6.75 million, before deducting underwriting discounts and offering expenses. In addition, the Company has granted the underwriters an option, exercisable within 45 days from the closing date of the Offering, to purchase up to an additional 112,500 additional ADSs at the public offering price, less underwriting discounts and expenses, to cover over-allotment, if any. Each ADS represents eight ordinary shares of the Company. The Offering closed on 14 September, 2023 and the ADSs began trading on September 12, 2023 on the Nasdaq Capital Market under the symbol “NWGL”.

Nature Wood Group Limited Announces Closing of $6.75 Million Initial Public Offering

MACAU, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Nature Wood Group Limited (the “Company” or “Nature Wood”), a global leading vertically-integrated forestry company that focuses on FSC business operations, today announced the pricing of its initial public offering (the “Offering”) of 750,000 American Depositary Shares (“ADS”) at a price to public of US$9 per ADS for the total offering size of US$6.75 million, assuming the underwriters do not exercise their over-allotment option to purchase additional ADSs. Each ADS represents eight ordinary shares of the Company. The ADSs will begin trading on September 12, 2023, U.S. Eastern time, on the Nasdaq Capital Market under the symbol “NWGL”. The Offering is expected to close on September 14, 2023, subject to customary closing conditions.

Nature Wood Group Limited Announces Pricing of $6.75 Million Initial Public Offering

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Three small issuers began trading this past week, two of which were eligible for inclusion in our IPO stats. While most IPOs are biding their time through the August break, the SPAC market is churning out deals. Three IPOs are currently scheduled to list in the week ahead, although other small issuers may join the calendar during the week.

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Nature Wood Group Limited has filed for an IPO to raise $9.15 million in the US. The company manufactures consumer products made from FSC-certified wood products. My IPO outlook for Nature Wood Group is Neutral [Hold], with high valuation expectations by management and potential risks related to its subsidiary operations in China.

IPO Update: Nature Wood Group Readies $9 Million U.S. IPO

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Nature Wood Group Limited has filed to raise $30 million in a U.S. IPO, although the final figure may differ. The firm manufactures wood products for consumers and other manufacturers from FSC-certified forests.

News for Nature Wood Group Ltd Stock (NWGL)