On the stock market since 2019, it operates in the world of heavy industry. It has 25 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.
No real growth. 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.
Executive selling isn’t always bad news; people sell for personal reasons too. Still, the thin buying side is worth noting.
angles, checked one by one.
The 4 that stand out are on screen; the rest came back neutral.
The council scores out of 10; report-card grades are out of 100.
Revenue Growth: Sales are growing slowly.
An investor who bought at the very peak is down 90% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
Sales run at $2.4M a year. A small number, but proof the product has real buyers.
There is $491K in the vault; even if every debt were paid off, $254K would remain.
A loss of $176K against $2.4M in annual sales.
Over the last 12 months, executives reported 29 sells against just 1 buy. Not an alarm bell by itself, but a number worth watching.
On our five-subject report card, ELVG sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: ELVG is a high-risk stock — not yet profitable, and its future rides on its product catching on.