On the stock market since 1992, it operates in the world of technology. 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.
No real growth (4% a year). 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.
The stock trades near its peak today. For long-term holders the ride has paid off so far — though past performance guarantees nothing about the future.
Over the last 3 years, sales grew about 11% a year on average.
Sales run at $41.7M a year. A small number, but proof the product has real buyers.
A loss of $9.3M against $41.7M in annual sales.
At the current pace of spending, the cash lasts about 1.5 years. After that, the company needs to find new money.
On our five-subject report card, DWCH sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: DWCH is a high-risk stock — not yet profitable, and its future rides on its product catching on.