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Vystar Corporation  (VYST)
Other Ticker:  
 
 
Price: $0.0080 $0.00 45.455%
Day's High: $0.008 Week Perf: -77.27 %
Day's Low: $ 0.01 30 Day Perf: -71.83 %
Volume (M): 2 52 Wk High: $ 0.18
Volume (M$): $ 0 52 Wk Avg: $0.04
Open: $0.01 52 Wk Low: $0.00



 Market Capitalization (Millions $) 0
 Shares Outstanding (Millions) 23
 Employees 1
 Revenues (TTM) (Millions $) -1
 Net Income (TTM) (Millions $) -3
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Vystar Corporation

Vystar Corporation is the creator and exclusive owner of the innovative technology to produce Vytex® Natural Rubber Latex (“NRL”). The Vytex Division contains our global multi-patented technology that reduces antigenic and total protein in natural rubber latex products to virtually undetectable levels. Vytex NRL, our “ultra-low protein” natural rubber latex has been introduced throughout the worldwide marketplace that uses NRL or latex substitutes as a raw material for end products. Natural rubber latex or latex substitutes are used in an extensive range of products including balloons, textiles, footwear and clothing (threads), adhesives, foams (mattresses, pillows, mattress toppers, etc.), furniture (foam and adhesives), carpet, paints, coatings, protective equipment, sporting equipment, and, especially health care products such as condoms, surgical and exam gloves, among others. Our challenge has been that a manufacturer’s conversion from the use of standard latex or synthetic raw material to Vytex NRL involves a protracted sales cycle ranging from eighteen to thirty six months. Additionally, in the past, our primary method of distribution was via toll manufacturing. We now have several licensing agreements in place for global distribution that have allowed us to focus on and transition to sales and marketing with a technical oversight.

Natural rubber latex is an agricultural product produced from the sap of the rubber tree, Hevea brasiliensis. According to the most recent data available and obtained on the International Rubber Study Group web site (www.rubberstudy.com) and dated January 6, 2015: the total world rubber demand is forecast to increase at 1.8% and 4.1% in 2015 and 2016 respectively, growing below the long-term growth rate of 3.7% under the IMF Scenario to 29.1 million tonnes in 2015 and to 30.3 million tonnes in 2016.

Substantially all of the latex processors are located in Southeast Asia, India, Africa and Latin America and are owned by local groups or large multinational corporations. This future demand is awakening interest in other areas of the world where the climate is suitable, particularly in Guatemala, where focus now shifts to certifications from the Forestry Stewardship Council and Rainforest Alliance, as a specialty latex... In addition to the resurgence of Central and South America in natural rubber latex production, countries such as Vietnam and Cambodia have launched major efforts to meet the needs of the global liquid natural rubber latex market. Vietnam is now a major processor of our Vytex NRL and several trial runs of the specialty offerings discussed below that are in place for manufacturer trials and we now have two producers in Guatemala, one in the trial phase.

Our initial product portfolio included Vytex NRL in high ammonia (HA) and low ammonia (LA) formulations. New specialized formulations are projected to come to market over the next year with trials in ultra-low ammonia, pre-vulcanised and low nitrosamine versions currently taking place. Vystar has used its technology to work with customers to solve production issues and provide them with a point of difference and guidance as research using Vytex has headed into directions previously thought to be off-limits to natural rubber latex. It appears to be the removal of the vast majority of the proteins, the carotenoids and the non-rubbers that affords Vytex NRL this opportunity.



   Company Address: 725 Southbridge St Worcester 1610 MA
   Company Phone Number: 791-9114   Stock Exchange / Ticker: VYST
   


Customers Net Income grew by VYST's Customers Net Profit Margin grew to

26.51 %

8.03 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
MMM        2.24% 
DD        0.97% 
DOW   -0.14%    
EMN        0.86% 
HON        3.05% 
ITW        0.44% 
• View Complete Report
   



Vystar Corporation

Devastating Blow: Medical Equipment & Supplies Company Suffers Major Setback in Q3 2023 Financial Report



Over the past five days, Vystar Corporation has experienced a significant drop in its stock price, declining by -37.78%. Furthermore, the stock is currently trading -20.9% below its 52-week average. In order to better understand the reasons behind this decline, it is essential to examine Vystar Corporation's financial performance for the recent reporting season, which ended on September 30, 2023.
Earnings Per Share and Revenue:
Vystar Corporation reported a considerable improvement in its financial health compared to the previous year. The loss per share decreased from $-0.23 to $-0.03, while the income per share improved from $-0.04. In terms of revenue, there was a significant decline of -98.311% from $3.57 million to $0.06 million compared to the same reporting season a year prior. However, sequentially, the revenue saw an increase of 67.054% from $0.04 million.

Vystar Corporation

Vystar Corporation's Financial Report Reveals Shocking Decline: Stakeholders Left Disappointed



Vystar Corporation, a renowned company in the industry, recently released its financial report for the second quarter of 2023. Unfortunately, the figures have left stakeholders and investors disappointed. The report reveals a substantial decline in revenue, an increase in shortfall per share, and a net deficit compared to the previous year's figures. This article aims to shed light on the financial performance of Vystar Corporation during this period and the potential factors contributing to these disappointing results.
A Dismal Second Quarter
Vystar Corporation's financial performance for the second quarter of 2023 was disastrous. Revenue plunged by an alarming 98.87% to a mere $0.04 million compared to $0.41 million in the same period in the previous year. This sharp decline can be attributed to the company's struggle to maintain demand for its products. Vystar Corporation also experienced a significant increase in shortfall per share, rising from $0.00 to $-0.04.






 

Vystar's Segments
 
 
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