On the stock market since 1997, it operates in the world of technology. It has 154 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.
No real growth (5% a year). 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.
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 15% a year on average.
Sales run at $29.4M a year. A small number, but proof the product has real buyers.
There is $9.6B in the vault; even if every debt were paid off, $7.6B would remain.
A loss of $1.3M against $29.4M in annual sales.
On our five-subject report card, IEHC sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: IEHC is a high-risk stock — not yet profitable, and its future rides on its product catching on.