On the stock market since 2016, it operates in the world of technology. 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 12% 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. For now, time is on the company’s side.
The stock trades 31% below its peak. The market has trimmed its expectations for the company.
Over the last 3 years, sales grew about 9% a year on average.
Sales run at $24.4M a year. A small number, but proof the product has real buyers.
A loss of $2.2M against $24.4M in annual sales.
The stock sits at $0.76. Under exchange rules, stocks that stay below $1 for too long risk being removed from the market.
On our five-subject report card, PPRRF sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: PPRRF is a high-risk stock — not yet profitable, and its future rides on its product catching on.