On the stock market since 2024, it operates in the world of heavy industry. It has 76 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.
Average growth of 48% 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.
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 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.
Profit per Sale: The profit kept from each sale is thin.
An investor who bought at the very peak is down 100% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
Over the last 3 years, sales grew about 24% a year on average.
Sales run at $120.7M a year. A small number, but proof the product has real buyers.
It pays out $0.28 per share each year — regular cash for whoever holds the stock.
A loss of $7.8M against $120.7M in annual sales.
The stock sits at $0.99. Under exchange rules, stocks that stay below $1 for too long risk being removed from the market.
Over the last 12 months, executives reported 53 sells against just 0 buys. Not an alarm bell by itself, but a number worth watching.
On our five-subject report card, FGL sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: FGL is a high-risk stock — not yet profitable, and its future rides on its product catching on.