On the stock market since 2017, it operates in the world of automobiles. It has 40 employees. Now — the numbers.
This is an established company with proven profits.
Average growth of 116% a year over the last 4 years. Red columns mark years that ended in a loss.
If every debt were paid off today, $14.5M would still be left in the vault — a solid cushion for hard times.
An investor who bought at the very peak is down 98% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
The net profit margin is 66% — still a thick cushion, though costs have been eating into it lately.
There is $14.6M in the vault; even if every debt were paid off, $14.5M would remain.
The stock sits at $0.0050. Under exchange rules, stocks that stay below $1 for too long risk being removed from the market.
Since the drop from its peak, buyer appetite hasn’t come back.
On our five-subject report card, FESTF sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: FESTF is an established business that has proven its profits for years. The real debate isn’t the quality of the business — it’s whether the price paid for the stock is too high.