On the stock market since 2015, it operates in the world of money and finance. It has 9,300 employees. Now — the numbers.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
Average growth of 585% 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. This is the most critical line in the whole picture.
The stock trades 37% below its peak. The market has trimmed its expectations for the company.
Over the last 3 years, sales grew about 1,040% a year on average.
The company sells $6.0B a year; the problem isn’t sales — it’s costs running above that number.
It pays out $1.81 per share each year — regular cash for whoever holds the stock.
A loss of $348.9M against $6.0B in annual sales.
At the current pace of spending, the cash lasts less than a year. After that, the company needs to find new money.
On our five-subject report card, AFSIB sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: AFSIB has solid sales but closed last year at a loss. The road back to profit runs through spending discipline.