On the stock market since 2021, it operates in the world of technology. It has 1,710 employees. 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.
The biggest line carries real weight, but it doesn’t decide everything on its own.
An average decline of 4% 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.
An investor who bought at the very peak is down 69% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
Over the last 3 years, sales grew about 9% a year on average.
Sales run at $400.0M a year. A small number, but proof the product has real buyers.
There is $116.9M in the vault; even if every debt were paid off, $73.8M would remain.
A loss of $638K against $400.0M in annual sales.
Since the drop from its peak, buyer appetite hasn’t come back.
On our five-subject report card, CGNT sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: CGNT is a high-risk stock — not yet profitable, and its future rides on its product catching on.