On the stock market since 2017, it operates in the world of heavy industry. It has 32 employees. Now — the numbers.
The company is still in the product-building phase: its spending runs far above its sales. That only changes once the product starts selling at scale.
An average decline of 25% a year over the last 4 years — the most striking risk in this picture. 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.
Buys and sells are dead even — no clear signal either way.
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.
Over the last 3 years, sales grew about 26% a year on average.
Sales run at $17.1M a year. A small number, but proof the product has real buyers.
A loss of $33.6M against $17.1M in annual sales. And on top of that, sales fell from the year before.
At the current pace of spending, the cash lasts less than a year. After that, the company needs to find new money.
On our five-subject report card, PIXY sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: PIXY is a high-risk stock — not yet profitable, and its future rides on its product catching on.