Company profile

Ticker
CTAM
Exchange
Employees
Incorporated
Location
Fiscal year end
Former names
Castle A M & Co
SEC CIK
IRS number
360879160

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

15 May 20
14 Aug 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 126.61M 126.02M 136.11M 147.93M
Net income -11.04M -10.01M -12.2M -8.3M
Diluted EPS -1.67 -4.51 -5.49 -3.77
Net profit margin -8.72% -7.94% -8.96% -5.61%
Operating income -2.01M -4.84M -3.77M -1.16M
Net change in cash -2.16M -1.07M 965K 692K
Cash on hand 4.27M 6.43M 7.5M 6.53M
Annual (USD) Dec 19 Dec 18 Dec 16 Dec 15
Revenue 559.59M 581.97M 533.15M 637.94M
Net income -38.52M -37.15M -107.98M -209.77M
Diluted EPS -17.62 -18.57 -3.72 -8.91
Net profit margin -6.88% -6.38% -20.25% -32.88%
Operating income -10.1M -16.73M -70.29M -188.1M
Net change in cash -2.24M -26.96M 24.52M 2.65M
Cash on hand 6.43M 8.67M 35.62M 11.1M
Cost of revenue 23.81M 26.7M

Financial data from company earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
27 Mar 20 SGF Common Stock Other Aquire J No 0 10,815,730 0 11,022,296
27 Mar 20 SGF 2022 Notes Common Stock Other Dispose J No 0.2654 29,278,895 7.77M 0
27 Mar 20 Corre Partners Management Common Stock, par value $0.01 per share ("Common Stock") Other Aquire J No 0 10,469,092 0 10,702,564
27 Mar 20 Corre Partners Management 3.0% / 5.0% Convertible Sr Secured PIK Toggle Notes due 2024 Common Stock, par value $0.01 per share Other Aquire J No 0 - 14.18M -
27 Mar 20 Corre Partners Management 5.0% / 7.0% Convertible Sr Secured PIK Toggle Notes due 2022 Common Stock, par value $0.01 per share Other Dispose J No 0 - 28.34M -
27 Mar 20 Wolverine Asset Management Common Stock, par value $0.01 per share ("Common Stock") Other Aquire J No 0 3,681,985 0 3,752,890
27 Mar 20 Wolverine Asset Management 3.0% / 5.0% Convertible Sr Secured PIK Toggle Notes due 2024 Common Stock, par value $0.01 per share Other Aquire J No 0 - 4.99M -
27 Mar 20 Wolverine Asset Management 5.0% / 7.0% Convertible Sr Secured PIK Toggle Notes due 2022 Common Stock, par value $0.01 per share Other Dispose J No 0 - 9.97M -
27 Mar 20 Highbridge Capital Management Common Stock, par value $0.01 per share ("Common Stock") Other Aquire J No 0 22,519,492 0 23,028,594
27 Mar 20 Highbridge Capital Management 3.0% / 5.0% Convertible Sr Secured PIK Toggle Notes due 2024 Common Stock, par value $0.01 per share Other Aquire J No 0 - 30.49M -
0.0% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 1 0 NEW
Opened positions 1 0 NEW
Closed positions 0 3 EXIT
Increased positions 0 0
Reduced positions 0 0
13F shares
Current Prev Q Change
Total value 0 0
Total shares 81 0 NEW
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
IFP Advisors 81 $0 NEW
Largest transactions
Shares Bought/sold Change
IFP Advisors 81 +81 NEW

Financial report summary

?
Management Discussion
  • Net sales of $126.6 million in the three months ended March 31, 2020 decreased $22.9 million, or 15.3%, compared to $149.5 million in the three months ended March 31, 2019. The decrease in net sales in the current quarter compared to the prior year quarter was a result of a decrease in tons sold per day, partially offset by an increase in selling prices and a favorable sales mix. Tons sold per day for the Company's products decreased by 20.7% in the three months ended March 31, 2020 compared to the same quarter in the prior year as sales volumes decreased for virtually all of the core products that the Company sells. The decrease in demand was driven by continued softness in the industrial end markets, which was worsened by the macroeconomic impacts of the COVID-19 pandemic, and a decrease in demand for global aerospace products. The weakening of demand within the aerospace market is largely attributable to grounding of the Boeing 737 MAX, on which some of the Company's locations have customers that supply content, and, most recently, the impact of the COVID-19 pandemic on global air travel.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
Coll freshman Bad
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