On the stock market since 2020, it operates in the world of consumer spending. It has 482 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. For now, time is on the company’s side.
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 92% 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 91% a year on average.
Sales run at $390.4M a year. A small number, but proof the product has real buyers.
There is $25.7M in the vault; even if every debt were paid off, $1.4M would remain.
A loss of $1.1M against $390.4M in annual sales.
Since the drop from its peak, buyer appetite hasn’t come back. Council score: 0/10.
As the slice kept from each sale thins out, so does the profit. Council score: 3/10.
On our five-subject report card, GOED sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: GOED is a high-risk stock — not yet profitable, and its future rides on its product catching on.