Develops and manufactures a wide range of contact lenses for various wearing modalities. Offers over-the-counter eye care products, including eye drops and vitamins. Now — the numbers.
Revenue is spread across several lines; no single product carries the company.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
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.
This company is not turning a profit, so the market is pricing its sales instead: 1.2× for every dollar of annual revenue.
Against companies in its own sector, it looks cheaper than 76% of them.
Analysts' average target sits 17% above today's price.
We compared this company with its own sector across five subjects.
A score of 50 means class average.
Clearly above the class average — a step short of the very top.
Clearly below the class average.
Clearly above the class average — a step short of the very top.
There is growth, but not at top-of-the-class tempo.
Clearly above the class average — a step short of the very top.
Financial Strength: The cash-and-debt balance is thin; the buffer for hard times is slim.
The stock trades 18% below its peak. The market has trimmed its expectations for the company.
The company sells $5.1B a year; the problem isn’t sales — it’s costs running above that number.
Over the last 12 months, company executives reported 58 buys and 31 sells. Management buying with its own money is usually read as a good sign.
A loss of $360M against $5.1B in annual sales.
At the current pace of spending, the cash lasts about 1.1 years. After that, the company needs to find new money.
On our five-subject report card, BLCO sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: BLCO has solid sales but closed last year at a loss. The road back to profit runs through spending discipline.
The total grade weighs these five subjects against the sector — it isn’t a simple average of the five.