On the stock market since 2009, it operates in the world of money and finance. Now — the numbers.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
No real growth. 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.
The stock trades 24% below its peak. The market has trimmed its expectations for the company.
Over the last 12 months, company executives reported 2 buys and 0 sells. Management buying with its own money is usually read as a good sign.
It pays out $0.39 per share each year — regular cash for whoever holds the stock.
A loss of $10.5M against -$6.0M in annual sales. And on top of that, sales fell from the year before.
At the current pace of spending, the cash lasts about 1 year. After that, the company needs to find new money.
On our five-subject report card, NSL sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: NSL is a small company that closed last year at a loss. The road back to profit runs through spending discipline.