Develops consumer karaoke audio equipment. Markets karaoke products under the Singing Machine brand. Now — the numbers.
That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.
This is an established company with proven profits.
An average decline of 55% a year over the last 4 years — the most striking risk in this picture. Red columns mark years that ended in a loss.
The gap is $9.8M. In times of high interest rates, a gap like that can squeeze a company.
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 92% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
The net profit margin is 16% — still a thick cushion, though costs have been eating into it lately.
Over the last 12 months, company executives reported 106 buys and 0 sells. Management buying with its own money is usually read as a good sign.
The stock sits at $0.74. Under exchange rules, stocks that stay below $1 for too long risk being removed from the market.
Over the last 3 years, sales fell about 55% a year on average. Profit is holding up, but a shrinking business is a risk worth watching.
We don’t have a report card for this stock yet — the data isn’t mature enough to grade. No grade is information too: it means the evidence is thin.
One-line summary: few numbers, an untested story. Keep watching.