On the stock market since 2007, it operates in the world of money and finance. It has 148 employees. Now — the numbers.
The company is still in the product-building phase: its spending runs above its sales. That only changes once the product starts selling at scale.
Average growth of 9% 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.
The stock trades below its recent peak — about 13% off the top. A pullback, not a collapse.
Over the last 3 years, sales grew about 23% a year on average.
Sales run at $13.4M a year. A small number, but proof the product has real buyers.
A loss of $190K against $13.4M in annual sales.
The weight of investors positioned for a fall can be felt in the market.
On our five-subject report card, MNBO sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: MNBO is a high-risk stock — not yet profitable, and its future rides on its product catching on.