On the stock market since 2011, it operates in the world of consumer spending. It has 27 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 7% 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.
An investor who bought at the very peak is down 81% 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 9% a year on average.
Sales run at $16.7M a year. A small number, but proof the product has real buyers.
There is $6.7M in the vault; even if every debt were paid off, $503K would remain.
A loss of $3.4M against $16.7M in annual sales.
At the current pace of spending, the cash lasts about 2 years. After that, the company needs to find new money.
On our five-subject report card, NVFY sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: NVFY is a high-risk stock — not yet profitable, and its future rides on its product catching on.