$Aspen Aerogels (ASPN.US)$
The decline of Aspen is believed to be supported by Mr. Trump's withdrawal of EV subsidies.
Since it is correcting the trajectory of EVs supported as a national policy, can it be said to be a counter-policy stock?
It may be undervalued, but looking at the pb ratio, it wouldn't be strange if it falls further.
(Shareholders speak.)

$Aspen Aerogels (ASPN.US)$
In the third quarter of 2024, the company reported sales of 1.173 billion dollars, a 93% increase year-on-year, of which 90.6 million dollars were revenue related to thermal barriers. The company recorded a net loss of 13 million dollars, including a one-time expense of 27.5 million dollars related to the redemption of convertible bonds. The gross profit margin improved to 42%, and adjusted EBITDA reached 25.4 million dollars.
In addition, the company secured important funding, including a term loan facility of 1.25 billion dollars and a commitment for conditional financing of up to 0.67 billion dollars from the US Department of Energy. Aspen has raised its 2024 performance outlook with a sales target of 0.45 billion dollars, net profit of 9 million dollars, and adjusted EBITDA target of 90 million dollars.
It was a quarter where one-time expenses increased significantly, but overall, it seems good to see positive net profit and steady year-on-year sales growth.