Designs and develops battery systems for electric vehicles. Manufactures battery systems for electric vehicles. 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 30% a year over the last 4 years. Red columns mark years that ended in a loss.
At this burn rate the cash pile isn’t the pressing question — for now, time is on the company’s side.
We compared this company with its own sector across five subjects.
A score of 50 means class average.
Clearly below the class average.
Clearly below the class average.
The price looks reasonable next to what the company earns.
Clearly above the class average — a step short of the very top.
Clearly below the class average.
Price Momentum: The stock has lagged the market in recent months; investor interest is weak right now.
Financial Strength: The cash-and-debt balance is thin; the buffer for hard times is slim.
An investor who bought at the very peak is down 94% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
Over the last 4 years, sales grew about 30% a year on average.
Sales run at $427.5M a year. A small number, but proof the product has real buyers.
Over the last 12 months, company executives reported 19 buys and 8 sells. Management buying with its own money is usually read as a good sign.
A loss of $29.2M against $427.5M in annual sales.
The stock sits at $0.60. Under exchange rules, stocks that stay below $1 for too long risk being removed from the market.
This stock swings about 3.5 times as much as the market average. Big rallies — and big drops — can both happen fast.
On our five-subject report card, MVST sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: MVST is a high-risk stock — not yet profitable, and its future rides on its product catching on.
The total grade weighs these five subjects against the sector — it isn’t a simple average of the five.
Not covered, because the filings we hold do not carry it: the revenue breakdown.