PHCUF — Stock Film
STOCK FILMSCENE 1/11PHCUF · $6.01
Stock Expert AI presents
PHCUF
Photocure ASA
~4 min film100% real numbers0 jargon
WHAT DOES THIS COMPANY DO?
Photocure ASA. A quick introduction.

On the stock market since 2013, it operates in the world of health and science. It has 99 employees. Now — the numbers.

on the stock market since 2013
99 employees
$159.9M market value
Revenue last year:
$0
The loss that same year:
$0
Sales don’t cover the costs; the gap drains from the cash pile every year.

The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.

THE SALES TREND
Sales are growing, year after year.

Average growth of 10% a year over the last 4 years. Red columns mark years that ended in a loss.

$360.5M
2021
$393.1M
2022
$500.7M
2023
$525.4M
2024
$532.3M
2025
In the vault right now:
$0
DEBT: $120.3M
At this pace, that money lasts about 157.3 years.

Before the clock runs out, either sales must climb sharply or new money must come in. For now, time is on the company’s side.

Every quarter, analysts set a profit bar.
How many of the last 8 did the company clear?
3 / 8
EXPECTATIONS MET OR BEATEN
3
Nov 2024
Feb 2025
May 2025
Jul 2025
Oct 2025
Feb 2026
May 2026
Jul 2026
3 TIMES IN THE LAST 8 QUARTERS
It misses the bar more often than not.
THE COUNCIL REVIEW
9

angles, checked one by one.

The 4 that stand out are on screen; the rest came back neutral.

The council scores out of 10; report-card grades are out of 100.

STRENGTHS
Fat profit per sale, but shrinking10/10
A strong cash pile8/10
WEAK SPOTS
Little set aside for the future2/10
Heavy bets against the stock2/10
WORTH WATCHING

R&D Investment: Spending on future research is low.

THE FIVE-YEAR JOURNEY
A long and steep decline.

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.

1
THE BRIGHT SIDE · 1/3
Sales keep climbing

Over the last 3 years, sales grew about 11% a year on average.

2
THE BRIGHT SIDE · 2/3
Sales are holding up

The company sells $532.3M a year; the problem isn’t sales — it’s costs running above that number.

3
THE BRIGHT SIDE · 3/3
Strong cash, light debt

There is $238.8M in the vault; even if every debt were paid off, $118.5M would remain.

1
THE RISKS · 1/3
The losses continue

A loss of $1.5M against $532.3M in annual sales.

2
THE RISKS · 2/3
Little set aside for the future

The share set aside for the future is small; the pace of new ideas may slow. Council score: 2/10.

3
THE RISKS · 3/3
Heavy bets against the stock

The weight of investors positioned for a fall can be felt in the market. Council score: 2/10.

FINALE · THE GRADE
D
0 / 100 · MoonshotScore

On our five-subject report card, PHCUF sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”

The takeaway: PHCUF has solid sales but closed last year at a loss. The road back to profit runs through spending discipline.

What would you like to do next?
Open the stock page →
This was a film — not investment advice.
Data: FMP & company filings
Aug 21, 2026 · stockexpertai.com · Stock Film