On the stock market since 2008, it operates in the world of consumer spending. It has 84 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.
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 2 that stand out are on screen; the rest came back neutral.
The council scores out of 10; report-card grades are out of 100.
Profit per Sale: The profit kept from each sale is thin.
The stock trades 29% below its peak. The market has trimmed its expectations for the company.
Over the last 3 years, sales grew about 19% a year on average.
Sales run at $20.9M a year. A small number, but proof the product has real buyers.
It pays out $0.20 per share each year — regular cash for whoever holds the stock.
A loss of $3.3M against $20.9M in annual sales.
At the current pace of spending, the cash lasts about 1.1 years. After that, the company needs to find new money.
On our five-subject report card, FCNE sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: FCNE is a high-risk stock — not yet profitable, and its future rides on its product catching on.