On the stock market since 2015, it operates in the world of health and science. It has 30 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.
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.
Executives buying with their own money is usually read as confidence in the company’s future.
angles, checked one by one.
The 2 that stand out are on screen; the rest came back neutral.
The council scores out of 10; report-card grades are out of 100.
Cost Efficiency: As sales grow, profit fails to keep the same pace.
The stock trades 32% below its peak. The market has trimmed its expectations for the company.
Over the last 12 months, company executives reported 7 buys and 0 sells. Management buying with its own money is usually read as a good sign.
A loss of $78.3M against $59K in annual sales. And on top of that, sales fell from the year before.
At the current pace of spending, the cash lasts about 1.3 years. After that, the company needs to find new money.
On our five-subject report card, CERC sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: CERC is a small company that closed last year at a loss. The road back to profit runs through spending discipline.