Designs, manufactures, and markets electric trolling motors for fishing. Produces sonar and GPS equipment for fish finding and navigation. Now — the numbers.
That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
At this burn rate the cash pile isn’t the pressing question — 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.
We compared this company with its own sector across five subjects.
A score of 50 means class average.
Clearly below the class average.
Debt is low and cash is strong; the finances stand solid.
Clearly above the class average — a step short of the very top.
There is growth, but not at top-of-the-class tempo.
Clearly above the class average — a step short of the very top.
Business Quality: Profit power and business quality trail similar companies in the sector.
An investor who bought at the very peak is down 61% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
There is $176.4M in the vault; even if every debt were paid off, $127.7M would remain.
Over the last 12 months, company executives reported 13 buys and 9 sells. Management buying with its own money is usually read as a good sign.
It pays out $1.32 per share each year — regular cash for whoever holds the stock.
A loss of $34.3M against $592.4M in annual sales. And on top of that, sales fell from the year before.
Measured against its sector, the quality of the business sits below the class average. Report-card grade: 47/100.
Sales are going backwards, not just slowing.
On our five-subject report card, JOUT sits near the top of the class. A high grade doesn’t mean “guaranteed win” — it means “the evidence looks strong for now.”
The takeaway: JOUT’s sales are going backwards, and it closed last year at a loss. The road back runs through both.