Plutux
$16.18
+0.12%
2026-09-03 16:00:00 EDT+$0.02
Basic Materials
Construction Materials
NASDAQ
Active Trading

Suncrete, Inc. exclusively focuses on the ready-mix concrete business. It acts as a vital supplier within the building sector, employing a scalable, ...

Price Action

$16.18
+0.12%+$0.02
High
Low
52W High-36.5%
Rel. vol
Interval
Range6.3h
VolumeSMA5SMA10
Suncrete, Inc. (NASDAQ: RMIX) is a newly established player in the construction materials industry, focusing exclusively on the ready-mix concrete business. The company operates an integrated model that includes its own concrete production plants, a comprehensive fleet of delivery trucks, and an advanced technology platform for managing dispatches and logistics. ...Suncrete, Inc. (NASDAQ: RMIX) is a newly established player in the construction materials industry, focusing exclusively on the ready-mix concrete business. The company operates an integrated model that includes its own concrete production plants, a comprehensive fleet of delivery trucks, and an advanced technology platform for managing dispatches and logistics. This end-to-end approach aims to provide reliability and efficiency to a broad customer base spanning public infrastructure, commercial construction, and residential development. Suncrete was founded on September 30, 2025, and is headquartered in Tulsa, Oklahoma. The company went public through a business combination with Haymaker Acquisition Corp. 4, with its Class A common stock listing on the Nasdaq Global Market on April 9, 2026. The leadership team includes CEO Randall Edgar and Executive Chairman Ned N. Fleming III, who is also a founding partner of SunTx Capital Partners, the private equity firm backing the company. Financially, Suncrete shows early-stage performance with a market capitalization around $444 million as of mid-2026. The company has a relatively small workforce of 3 full-time employees, reflecting its recent inception. Despite limited operations, it has generated revenue per share of $0.748 and maintains a positive gross profit margin of 37%, though net margins are currently negative due to start-up costs and interest expenses. The company’s balance sheet shows minimal debt with a debt-to-equity ratio of 0.014, indicating a conservative financial structure. Suncrete's business model emphasizes scalability and technology integration, aiming to differentiate itself in the fragmented ready-mix market. The company's growth strategy likely involves expanding its production footprint and leveraging its tech platform to optimize delivery schedules and reduce costs. As a newly public company, it faces challenges typical of early-stage ventures, including establishing a track record and achieving profitability. However, its focus on the Sunbelt region, where construction demand is robust, positions it for potential growth. Key performance indicators such as inventory turnover and receivables turnover are currently zero, possibly due to the short operating history. Going forward, investors will watch for expansion milestones, revenue growth, and margin improvements.
Founded
2025
Employees
3
CEO
Randall Edgar
Full Name
Suncrete, Inc. Class A Common Stock
Sector
Basic Materials
Industry
Construction Materials
ROE
-3.47%
Market Cap
$0.38B
Current Ratio
1.40
WACC
7.37%
ROIC
-0.19%

Contact Information

521 E. 2nd Street, Tulsa, OK 74120

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