Proliance International(OTC) PLNTQ

Proliance International, Inc. specializes in the engineering, manufacturing, and distribution of heat management systems and temperature regulation components. The company primarily serves the aftermarket for automobiles and light trucks, while also providing specialized heat exchange solutions for various industrial applications.

Products and Services

• Heat exchange devices including radiators and heater cores
• Temperature control components such as condensers and compressors
• Air conditioning parts and supplies for automotive and industrial use

Growth Outlook

• Expanding product lines to meet diverse industrial needs
• International distribution across North America and Europe
• Focus on aftermarket automotive sector growth opportunities

Financial Highlights

• Recent quarterly revenue of 60.98 million, showing market demand
• Trailing twelve months gross profit margin at 18.68%, indicating operational efficiency
• Current ratio of 1.17, reflecting solid short-term financial health

Proliance International, Inc. has a long-standing history, founded in 1915 and headquartered in New Haven, Connecticut. The company has evolved to meet the changing demands of the automotive and industrial markets, providing a comprehensive range of products that cater to both light and heavy-duty applications. The focus on aftermarket solutions positions Proliance well within a growing sector, as vehicle maintenance and repair needs continue to rise. The recent financial performance indicates a stable revenue stream, with a gross profit margin that suggests effective cost management. The current ratio further highlights the company's ability to meet its short-term obligations, which is crucial for maintaining operational stability. As Proliance continues to innovate and expand its product offerings, it remains well-positioned to capitalize on emerging market opportunities.