On the stock market since 2013, it operates in the world of heavy industry. It has 540 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.
An investor who bought at the very peak is down 99% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
Sales run at $34K a year. A small number, but proof the product has real buyers.
A loss of $3 against $34K in annual sales.
The stock sits at $0.0003. Under exchange rules, stocks that stay below $1 for too long risk being removed from the market.
On our five-subject report card, PERL sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: PERL is a high-risk stock — not yet profitable, and its future rides on its product catching on.