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POND – Pond Technologies Holdings Inc

Compliant

★★☆☆☆

Pond Technologies Holdings Inc is Shariah compliant. The company’s financials pass two standards and fail in three.

$8,629,059

Market cap

92.81%

Revenue Growth

-

Analysts' Rating

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N/A

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 0.63

Low: 0.63

High: 0.63

Total Analysts: 1

Company Profile

Pond Technologies Holdings Inc. is a technology company. The Company’s primary business is microalgal biomass cultivation by using the sources of carbon dioxide (CO2), including CO2 rich emission sources from industrial plants and the licensing of its technology. It operates through two segments: Nutraceutical Products (including production and sales to consumers and business and distribution or third-party products) and Technology Services (including the production of microalgae biomass, consulting, engineering services and the construction of biomass production facilities). Its technology platform grows algae in bioreactors, which are engineered to automatically regulate the inflow of CO2 or nutrients while reducing the need for manual supervision. The algae can be used in the production of nutraceuticals, known as superfoods, and used in diagnostics and therapeutic treatments, aquaculture, animal feeds, and as feedstock in the production of bio foams and algae-based biomaterials.

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