On the stock market since 2009, it operates in the world of technology. It has 530 employees. Now — the numbers.
The company is still in the product-building phase: its spending runs above its sales. That only changes once the product starts selling at scale.
Average growth of 20% a year over the last 4 years. Red columns mark years that ended in a loss.
Before the clock runs out, either sales must climb sharply or new money must come in. For now, time is on the company’s side.
Executives buying with their own money is usually read as confidence in the company’s future.
angles, checked one by one.
The 4 that stand out are on screen; the rest came back neutral.
The council scores out of 10; report-card grades are out of 100.
The stock trades 29% below its peak. The market has trimmed its expectations for the company.
Over the last 3 years, sales grew about 26% a year on average.
Sales run at $197.3M a year. A small number, but proof the product has real buyers.
Over the last 12 months, company executives reported 10 buys and 0 sells. Management buying with its own money is usually read as a good sign.
A loss of $24.5M against $197.3M in annual sales.
Since the drop from its peak, buyer appetite hasn’t come back. Council score: 0/10.
On our five-subject report card, ABST sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: ABST is a high-risk stock — not yet profitable, and its future rides on its product catching on.