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Nano Magic Inc (Nano Magic), formerly Nano Magic Holdings Inc, is a developer and marketer of a range of consumer and industrial products enabled with nanotechnology. The company’s product portfolio includes nano-layer coatings, nano-based cleaners, nano-composite products. Its consumer products include lens and screen cleaners and coatings, anti-fog solutions, and household and automotive cleaners and protective coating. The company offers solutions for common problems such as preventing fogging, ease of cleaning, preventing accumulation of grime or dirt, improving resistance to scuffing and wear. Nano Magic distributes its products directly to consumers and retailers through its website, Amazon, other online platforms, pharmacies and big box retailers. The company serves customers in the US and Canada. Nano Magic is headquartered in Madison Heights, Michigan, the US.
Headquarters
United States of America
Address
701 Brickell Ave Ste 1550, Miami, Florida, 33131-2824
Website
nanomagic.com
Telephone
1 844 7366266
No of Employees
13
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
NMGX (OTC)
Revenue (2023)
$2.5M
8%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-35.9%
(2023 vs 2022)
Market Cap*
$430,000
Net Profit Margin (2023)
XYZ
-25.9%
(2023 vs 2022)
* As of and is in US$
Products and Services
| Products | Brands |
|---|---|
| Eyeglass Cleaner | Nano Magic |
| Windshield Protector | |
| Electronic Device Hygiene and Protection | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2022 | Contracts/Agreements | In September, the company’s subsidiary Nano Magic LLC announced the launch of two new products through its Canadian Distribution Partner, Curve Distribution, into Canadian retailer, Walmart Canada. |
| 2022 | New Products/Services | In June, the company launched Force Field windshield coating protection. |
| 2020 | Corporate Changes/Expansions | In April, the company changed its name to Nano Magic Inc. |
Competitor Comparison
| Key Parameters | Nano Magic Inc | Reckitt Benckiser Group Plc | Carl Zeiss AG | AMCON LABORATORIES, INC. | California Accessories LLC |
|---|---|---|---|---|---|
| Headquarters | United States of America | United Kingdom | Germany | ||
| City | Miami | Slough | Oberkochen | - | - |
| State/Province | Florida | Berkshire | Baden-Wurttemberg | - | - |
| No. of Employees | 13 | 35,139 | 46,500 | - | - |
| Entity Type | Public | Public | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Scott E. Rickert | Chairman | Executive Board | 2014 | 70 |
| Tom J. Berman | Director; Chief Executive Officer; President | Executive Board | 2018 | 45 |
| Jeanne M. Rickert | Director; Chief Legal Officer; General Counsel | Executive Board | 2014 | 70 |
| Leandro Vera | Chief Financial Officer | Senior Management | 2020 | 52 |
| Miles Gatland | Director | Non Executive Board | 2022 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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