On the stock market since 2019, it operates in the world of money and finance. 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 5% 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 48% below its peak. The market has trimmed its expectations for the company.
Sales run at $14.6M a year. A small number, but proof the product has real buyers.
It pays out $0.07 per share each year — regular cash for whoever holds the stock.
A loss of $70K against $14.6M in annual sales.
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, QCIBX sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: QCIBX is a high-risk stock — not yet profitable, and its future rides on its product catching on.