On the stock market since 2021, it operates in the world of technology. It has 2,900 employees. Now — the numbers.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.
Average growth of 19% 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. This is the most critical line in the whole picture.
The stock trades 42% below its peak. The market has trimmed its expectations for the company.
Over the last 3 years, sales grew about 23% a year on average.
The company sells $654.9M a year; the problem isn’t sales — it’s costs running above that number.
There is $118.0M in the vault; even if every debt were paid off, $97.5M would remain.
A loss of $58.9M against $654.9M in annual sales.
At the current pace of spending, the cash lasts about 2 years. After that, the company needs to find new money.
Over the last 12 months, executives reported 70 sells against just 23 buys. Not an alarm bell by itself, but a number worth watching.
On our five-subject report card, PYCR sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: PYCR has solid sales but closed last year at a loss. The road back to profit runs through spending discipline.