Operate various ad-supported and subscription-based video-on-demand networks. Distribute VOD content directly to consumers through digital platforms. Now — the numbers.
Revenue is spread across several lines; no single product carries the company.
The company is still in the product-building phase: its spending runs far above its sales. That only changes once the product starts selling at scale.
Average growth of 52% 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. 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.
An investor who bought at the very peak is down 100% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
Over the last 4 years, sales grew about 52% a year on average.
Sales run at $294.4M a year. A small number, but proof the product has real buyers.
Over the last 12 months, company executives reported 21 buys and 2 sells. Management buying with its own money is usually read as a good sign.
A loss of $622.5M against $294.4M in annual sales.
The stock sits at $0.11. Under exchange rules, stocks that stay below $1 for too long risk being removed from the market.
At the current pace of spending, the cash lasts less than a year. After that, the company needs to find new money.
We don’t have a report card for this stock yet — the data isn’t mature enough to grade. No grade is information too: it means the evidence is thin.
One-line summary: few numbers, an untested story. Keep watching.