On the stock market since 1999, it operates in the world of technology. It has 44 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.
That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.
An average decline of 16% a year over the last 4 years — the most striking risk in this picture. 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.
Executive selling isn’t always bad news; people sell for personal reasons too. Still, the thin buying side is worth noting.
An investor who bought at the very peak is down 78% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
There is $35.4M in the vault; even if every debt were paid off, $34.0M would remain.
A loss of $3.0M against $36.5M in annual sales. And on top of that, sales fell from the year before.
Since the drop from its peak, buyer appetite hasn’t come back.
On our five-subject report card, BSQR sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: BSQR is a small company that closed last year at a loss. The road back to profit runs through spending discipline.