On the stock market since 2018, it operates in the world of health and science. It has 610 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.
That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.
Average growth of 23% a year over the last 4 years. 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 63% 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 20% a year on average.
Sales run at $149.2M a year. A small number, but proof the product has real buyers.
There is $831.8M in the vault; even if every debt were paid off, $830.3M would remain.
A loss of $9.6M against $149.2M in annual sales.
Since the drop from its peak, buyer appetite hasn’t come back.
On our five-subject report card, CRON sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: CRON is a high-risk stock — not yet profitable, and its future rides on its product catching on.