On the stock market since 1999, it operates in the world of technology. It has 850 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.
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.
angles, checked one by one.
The 3 that stand out are on screen; the rest came back neutral.
The council scores out of 10; report-card grades are out of 100.
Profit per Sale: Right now the product sells for less than it costs to make; every sale deepens the loss.
An investor who bought at the very peak is down 99% 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 222% a year on average.
Sales run at $151.6M a year. A small number, but proof the product has real buyers.
There is $260.6M in the vault; even if every debt were paid off, $260.6M would remain.
A loss of $54.1M against $151.6M in annual sales.
The stock sits at $0.0000. Under exchange rules, stocks that stay below $1 for too long risk being removed from the market.
This stock swings about 19.8 times as much as the market average. Big rallies — and big drops — can both happen fast.
On our five-subject report card, CLRN sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: CLRN is a high-risk stock — not yet profitable, and its future rides on its product catching on.