Advanced Container Technologies Inc's Business Segments
Advanced Container Technologies Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Advanced Container Technologies Inc does not report a distinct business-segment axis in its filings - its disaggregated revenue is disclosed by product and service category instead. See the Product & Service breakdown below.
Revenue by Product & Service Category - FY
- Grow Pods and Related Items25.2%
- Lighters23%
- Medtainers22.1%
- Humidity Pack Inserts19.7%
- Plastic Lighter Holders4.1%
- Shipping Charges2.7%
- Jars1.4%
- Printing1.3%
- Others0.5%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Grow Pods and Related Items | $ 0 | 25.2% |
| Lighters | $ 0 | 23% |
| Medtainers | $ 0 | 22.1% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
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Description of Advanced Container Technologies Inc
Segments
1. Pharmaceuticals and Health Care
- Focuses on products that enable safe storage, grinding, and dispensing of medications for patients who have difficulty swallowing or require precise dosages.
2. Food and Beverage
- Offers solutions for the safe storage and preservation of herbs, spices, and other food items, ensuring freshness and extending shelf life.
3. Agriculture and Urban Farming
- Encompasses innovative growing solutions such as hydroponic towers, promoting sustainable urban agriculture practices.
4. Consumer Goods and Lifestyle
- Targets everyday consumers with products that enhance convenience and portability for various uses, including storage and odor control.
5. Protective Packaging
- Features products designed to protect sensitive items from moisture and odor, utilizing advanced materials for optimal performance.
Products and Services
1. The Medtainer®
- Description: A multi-functional storage container made from medical-grade polypropylene. It serves as a grinder and storage solution for powders, herbs, and medications.
- Configurations: Available in several configurations including:
- 20-dram child-resistant version
- 20-dram original version
- 20-dram non-child-resistant version
- 40-dram non-child-resistant version
- Features:
- Air- and water-tight
- Non-porous and non-leaching materials
- Built-in grinding capabilities for easy powdering of contents
- Portable and secure design
Humidity Control Inserts
- Description: Inserts designed to regulate humidity levels within airtight containers.
- Usage: Ideal for humidors for cigars, storage of herbs, spices, electronic equipment, and archival storage of documents or photographs.
- Functionality:
- Available in various sizes to match container volume.
- Maintains specified humidity levels until saturation requires replacement.
Hydroponic Grow Towers
- Description: Vertical systems designed for soil-less plant cultivation, enabling urban farming and gardening in constrained spaces.
- Features:
- Modular, stackable pots that optimize space and resource use (water and nutrients).
- Suitable for use in rooftops, balconies, and commercial agricultural settings.
- Utilizes sustainable materials such as organic coco coir and Perlite.
Smell-Proof Bags
- Description: Airtight bags constructed from flexible polyester, Mylar, and similar materials designed to contain odors effectively.
- Variations:
- Available in various sizes with different closure mechanisms (e.g. Velcro, Ziploc, zippers).
- Some models incorporate activated carbon for enhanced odor absorption.
- Applications: Useful for storing items that may emit strong odors, such as fish, herbs, or even sports gear.
Lighters
- Description: Butane lighters that can be customized with logos or branding.
- Features:
- Available for wholesale purchasing with the option for private labeling at ACT’s facility.
Future Products
ACT is also actively exploring the development of additional storage solutions beyond the Medtainer®. This may include new container types designed to provide enhanced functionality for storing, carrying, and consuming liquids and solids. The goal is to continue addressing emerging consumer needs in different markets while prioritizing safety, innovation, and convenience.
Conclusion
Advanced Container Technologies Inc. has positioned itself as a leader in innovative container solutions across multiple sectors, particularly through its product offerings like the Medtainer® and its commitment to developing new products that serve a growing array of consumer and industrial needs. By focusing on quality, functionality, and user experience, ACT continues to enhance its market presence.
