Moove Lubricants Holdings plans to raise $100 million in an IPO, despite recent uneven financial results and volatile business conditions in Brazil. The company has a strategic alliance with Exxon Mobil and a capital-light business model, but faces significant legal and financial risks. Moove's financials show declining revenue but increasing gross profit and operating margins, with afree cash flow of $110.9 million for the year ending June 30, 2024.
Chemicals - Specialty Industry | Basic Materials Sector | Filipe Affonso Ferreira CEO | NYSE Exchange | - ISIN |
BR Country | 2,199 Employees | - Last Dividend | - Last Split | - IPO Date |