Invests primarily in domestic equity securities of small-cap companies. Tracks companies within the market capitalization range of the Russell 2000® Index. 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 23% a year over the last 4 years. Red columns mark years that ended in a loss.
At this burn rate the cash pile isn’t the pressing question — for now, time is on the company’s side.
This company is not turning a profit, so the market is pricing its sales instead: 10.4× for every dollar of annual revenue.
No analyst target is on record for this company.
The stock trades below its recent peak — about 12% off the top. A pullback, not a collapse.
Over the last 4 years, sales grew about 23% a year on average.
Sales run at $96.3M a year. A small number, but proof the product has real buyers.
It pays out $0.73 per share each year — regular cash for whoever holds the stock.
A loss of $7.0M against $96.3M in annual sales.
We grade companies — revenue, margins, balance sheets. This is a fund, so there is no report card to give. That is not a low grade; it is a different kind of thing.
One-line summary: a basket, not a business. Judge it by what it holds.