On the stock market since 2025, it operates in electricity, water and gas. It has 74 employees. Now — the numbers.
The company is still in the product-building phase: its spending runs far 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.
Executives buying with their own money is usually read as confidence in the company’s future.
An investor who bought at the very peak is down 71% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
There is $297.8M in the vault; even if every debt were paid off, $295.7M would remain.
Over the last 12 months, company executives reported 7 buys and 0 sells. Management buying with its own money is usually read as a good sign.
A loss of $28.0M against $0 in annual sales. And on top of that, sales fell from the year before.
Since the drop from its peak, buyer appetite hasn’t come back.
On our five-subject report card, IMSRW sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: IMSRW is a high-risk stock — not yet profitable, and its future rides on its product catching on.