ACCO BRANDS Corp Files 2024 10-K, Highlights Customer Risk
Ticker: ACCO · Form: 10-K · Filed: Feb 21, 2025 · CIK: 712034
| Field | Detail |
|---|---|
| Company | Acco Brands CORP (ACCO) |
| Form Type | 10-K |
| Filed Date | Feb 21, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, financials, risk-disclosure, customer-concentration
TL;DR
ACCO BRANDS 2024 10-K is in. Revenue details and customer concentration risks are key. Watch those top 5 customers.
AI Summary
ACCO BRANDS Corp filed its 2024 10-K on February 21, 2025, reporting on its fiscal year ending December 31, 2024. The filing details the company's financial performance, including revenue and potential impairments of intangible assets. It also outlines risks related to customer concentration, with sales to its top five customers being a significant factor.
Why It Matters
This filing provides investors with a comprehensive overview of ACCO BRANDS Corp's financial health and strategic positioning for the past fiscal year, including potential risks that could impact future performance.
Risk Assessment
Risk Level: medium — The company faces risks related to customer concentration, as sales to its top five customers represent a significant portion of its revenue.
Key Numbers
- 2024 — Fiscal Year (The period covered by the 10-K filing.)
- 2023 — Fiscal Year (Previous fiscal year for comparison.)
- 2022 — Fiscal Year (Prior fiscal year for trend analysis.)
Key Players & Entities
- ACCO BRANDS Corp (company) — Filer of the 10-K report
- 2024-12-31 (date) — Fiscal year end date
- 2025-02-21 (date) — Filing date of the 10-K
- Top five customers (company) — Customers representing significant revenue
FAQ
What were the total net sales for ACCO BRANDS Corp in the fiscal year ending December 31, 2024?
The filing indicates 'us-gaap:SalesRevenueNetMember' for the period 2024-01-01 to 2024-12-31, but the specific dollar amount is not provided in the extracted text.
What is the nature of the 'ImpairmentOfIntangibleAssetsIndefiniteLivedIncludingGoodwill' mentioned in the filing?
The filing references 'ImpairmentOfIntangibleAssetsIndefiniteLivedIncludingGoodwill' for the period 2024-12-31, suggesting potential write-downs of asset values.
How significant is the revenue generated from ACCO BRANDS Corp's top five customers?
The filing mentions 'us-gaap:CustomerConcentrationRiskMember' in relation to 'acco:TopfivecustomersMember' for the period 2024-01-01 to 2024-12-31, indicating this is a notable factor.
Does the filing discuss employee stock options?
Yes, the filing includes information related to 'us-gaap:EmployeeStockOptionMember' for the period 2020-01-01 to 2020-12-31.
What is the company's primary business classification according to the SIC code?
ACCO BRANDS Corp's Standard Industrial Classification (SIC) code is 2780, which corresponds to 'BLANKBOOKS, LOOSELEAF BINDERS & BOOKBINDING & RELATED WORK'.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on February 21, 2025 regarding ACCO BRANDS Corp (ACCO).