On the stock market since 2015, it operates in the world of consumer spending. It has 8 employees. Now — the numbers.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
Average growth of 57% a year over the last 4 years. 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.
angles, checked one by one.
The 3 that stand out are on screen; the rest came back neutral.
The council scores out of 10; report-card grades are out of 100.
Revenue Growth: Sales are growing slowly.
An investor who bought at the very peak is down 100% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
There is $7.2M in the vault; even if every debt were paid off, $7.2M would remain.
It pays out $0.04 per share each year — regular cash for whoever holds the stock.
A loss of $1.4M against $726K in annual sales. And on top of that, sales fell from the year before.
The sales tempo runs behind the sector. Council score: 2/10.
Since the drop from its peak, buyer appetite hasn’t come back. Council score: 2/10.
On our five-subject report card, MI sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: MI is a small company that closed last year at a loss. The road back to profit runs through spending discipline.