On the stock market since 2018, it operates in the world of technology. It has 1,400 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 17% 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. This is the most critical line in the whole picture.
Executive selling isn’t always bad news; people sell for personal reasons too. Still, the thin buying side is worth noting.
An investor who bought at the very peak is down 66% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
Over the last 3 years, sales grew about 16% a year on average.
Sales run at $480.9M a year. A small number, but proof the product has real buyers.
A loss of $89.9M against $480.9M in annual sales.
At the current pace of spending, the cash lasts about 2.3 years. After that, the company needs to find new money.
The stock trades 22% above the average analyst price target.
On our five-subject report card, MNTV sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: MNTV is a high-risk stock — not yet profitable, and its future rides on its product catching on.