On the stock market since 1998, it operates in the world of money and finance. It has 74,000 employees. Now — the numbers.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
Average growth of 13% 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. For now, time is on the company’s side.
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 12% a year on average.
The company sells $2.1B a year; the problem isn’t sales — it’s costs running above that number.
It pays out $3.86 per share each year — regular cash for whoever holds the stock.
A loss of $123.6M against $2.1B in annual sales.
On our five-subject report card, FDVAX sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: FDVAX has solid sales but closed last year at a loss. The road back to profit runs through spending discipline.