Offer reinsurance services to mitigate risk for businesses. Provide asset management solutions focused on cryptocurrency investments. 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 61% a year over the last 3 years. Red columns mark years that ended in a loss.
At this burn rate the cash pile isn’t the pressing question — for now, time is on the company’s side.
We compared this company with its own sector across five subjects.
A score of 50 means class average.
Profit indicators sit around the sector average.
For a bank, strength is measured by capital buffers and reserves — not cash minus debt.
The price isn’t cheap next to earnings — that’s why this grade sits in the middle.
Clearly below the class average.
Clearly above the class average — a step short of the very top.
Growth: Sales growth trails the sector average.
Financial Strength: The capital buffer looks thin next to its class; less room to absorb a rough stretch.
The stock trades below its recent peak — about 10% off the top. A pullback, not a collapse.
Sales run at $17.3M a year. A small number, but proof the product has real buyers.
Over the last 12 months, company executives reported 40 buys and 1 sell. Management buying with its own money is usually read as a good sign.
It pays out $2.00 per share each year — regular cash for whoever holds the stock.
A loss of $1.2M against $17.3M in annual sales.
The growth engine is running at low revs right now. Report-card grade: 1/100.
The balance sheet offers little cushion against a rough stretch. Report-card grade: 12/100.
On our five-subject report card, FGNXP sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: FGNXP is a high-risk stock — not yet profitable, and its future rides on its product catching on.
Not covered, because the filings we hold do not carry it: the revenue breakdown.