On the stock market since 2000, it operates in the world of money and finance. Now — the numbers.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
An average decline of 3% a year over the last 4 years — the most striking risk in this picture. 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.
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.
Revenue Growth: Sales are growing slowly.
The stock trades 24% below its peak. The market has trimmed its expectations for the company.
The company sells $9.3M a year; the problem isn’t sales — it’s costs running above that number.
It pays out $4.40 per share each year — regular cash for whoever holds the stock.
A loss of $22.1M against $9.3M in annual sales.
At the current pace of spending, the cash lasts less than a year. After that, the company needs to find new money.
On our five-subject report card, ESMAX sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: ESMAX is a small company that closed last year at a loss. The road back to profit runs through spending discipline.