ORGN, ORGNW · CIK 0001802457 · operating
Origin Materials operates a proprietary biomass conversion platform designed to transform plant-based carbon feedstocks into specialty chemicals and co-products. The company's core technology converts biomass into chloromethylfurfural and hydrothermal carbon, along with oils, extractives, and other derivative products. This conversion approach is intended to produce carbon-negative materials by utilizing renewable biological inputs rather than petroleum-based feedstocks.
The company was incorporated in Delaware in 2021, following a name change from Micromidas, Inc. in June 2021. Origin Materials maintains its headquarters in West Sacramento, California, and operates with a team of 109 full-time employees. The company operates within the industrial organic chemicals sector, serving end markets that require specialty chemical inputs. Revenue streams and specific business segment breakdowns are not currently disclosed in available financial reporting. The company's geographic operations are based in the United States, with production and development activities centered at its California facility.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2024 | $-0.58 | $-0.58 | -441.2% | |
| 2023 | $0.17 | $0.17 | -69.1% | |
| 2022 | $0.55 | $0.57 | +37.5% | |
| 2021 | $0.40 | $0.42 | — | |
| 2020 | — | — | — |