Operates GunBroker.com, an online marketplace for firearms. Facilitates the legal sale of firearms, ammunition, and accessories. Now — the numbers.
That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.
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 average decline of 32% a year over the last 4 years — the most striking risk in this picture. Red columns mark years that ended in a loss.
At this burn rate the cash pile isn’t the pressing question — for now, time is on the company’s side.
This company is not turning a profit, so the market is pricing its sales instead: 4.8× for every dollar of annual revenue.
Analysts' average target sits 29% above today's price.
Executives buying with their own money is usually read as confidence in the company’s future.
An investor who bought at the very peak is down 71% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
Sales run at $51.1M a year. A small number, but proof the product has real buyers.
There is $68.1M in the vault; even if every debt were paid off, $56.9M would remain.
Over the last 12 months, company executives reported 30 buys and 13 sells. Management buying with its own money is usually read as a good sign.
A loss of $3.5M against $51.1M in annual sales.
Sales are going backwards, not just slowing.
As the slice kept from each sale thins out, so does the profit.
We don’t have a report card for this stock yet — the data isn’t mature enough to grade. No grade is information too: it means the evidence is thin.
One-line summary: few numbers, an untested story. Keep watching.