On the stock market since 2007, it operates in the world of raw materials. It has 850 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.
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. This is the most critical line in the whole picture.
The stock trades 50% below its peak. The market has trimmed its expectations for the company.
The average analyst price target is $10.50 — 78% above today’s price.
A loss of $75.4M against $0 in annual sales.
This stock swings about 2.5 times as much as the market average. Big rallies — and big drops — can both happen fast.
At the current pace of spending, the cash lasts less than a year. After that, the company needs to find new money.
On our five-subject report card, LAR sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: LAR is a high-risk stock — not yet profitable, and its future rides on its product catching on.