On the stock market since 1997, it operates in the world of automobiles. It has 18 employees. Now — the numbers.
The company is still in the product-building phase: its spending runs far above its sales. That only changes once the product starts selling at scale.
Before the clock runs out, either sales must climb sharply or new money must come in. This is the most critical line in the whole picture.
An investor who bought at the very peak is down 71% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
Sales run at $519K a year. A small number, but proof the product has real buyers.
A loss of $2.4M against $519K in annual sales.
The stock sits at $0.04. Under exchange rules, stocks that stay below $1 for too long risk being removed from the market.
This stock swings about 17.9 times as much as the market average. Big rallies — and big drops — can both happen fast.
On our five-subject report card, AFFL sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: AFFL is a high-risk stock — not yet profitable, and its future rides on its product catching on.