Aterian, Inc. (ATER)
Aterian, Inc. operates in the Furnishings, Fixtures & Appliances industry of the Consumer Cyclical sector, headquartered in Summit, NY, US. The stock last traded at $0.47, down 4.72% on the session, giving a market capitalisation of $5.1M. On trailing twelve-month figures it carries a trailing P/E of -0.18, a net margin of -39.6%. Its beta of 0.69 implies it has historically moved less than the broad market.
Aterian, Inc., founded in 2014 and headquartered in New York, is an international, technology-driven consumer products company. Its core innovation is an Artificial Intelligence Marketplace e-Commerce Engine, a proprietary software platform that leverages machine learning, natural language processing, and data analytics to streamline the design, development, marketing, and sales of various products. The company offers a wide array of goods, including home and kitchen appliances, kitchenware, heating and cooling devices, health and beauty products, and air quality solutions like dehumidifiers, humidifiers, and air conditioners. These items, along with essential oils, are sold under numerous brands such as hOmeLabs, Vremi, Squatty Potty, Xtava, RIF6, Aussie Health, Holonix, Truweo, Mueller, Pursteam, Pohl and Schmitt, Healing Solutions, Photo Paper Direct, and Spiralizer. Aterian primarily caters to individual online consumers, distributing its products through major e-commerce platforms like Amazon, its own websites, and other digital marketplaces. The company officially changed its name from Mohawk Group Holdings, Inc. to Aterian, Inc. in April 2021.
Aterian, Inc. is most often compared with the following Consumer Cyclical names: