On the stock market since 2012, it operates in the world of raw materials. Now — the numbers.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
An average decline of 7% a year over the last 4 years — the most striking risk in this picture. 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.
The stock trades 59% below its peak. The market has trimmed its expectations for the company.
The company sells $32.7M a year; the problem isn’t sales — it’s costs running above that number.
There is $81.1M in the vault; even if every debt were paid off, $51.7M would remain.
It pays out $0.05 per share each year — regular cash for whoever holds the stock.
A loss of $14.7M against $32.7M in annual sales.
The stock sits at $0.86. Under exchange rules, stocks that stay below $1 for too long risk being removed from the market.
On our five-subject report card, MCRZF sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: MCRZF is a small company that closed last year at a loss. The road back to profit runs through spending discipline.