On the stock market since 2024, it operates in the world of consumer spending. It has 6 employees. Now — the numbers.
This is an established company with proven profits.
Average growth of 25% a year over the last 4 years. Every year shown ended in profit.
If every debt were paid off today, $84.9M would still be left in the vault — a solid cushion for hard times.
An investor who bought at the very peak is down 96% 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 20% a year on average.
There is $84.9M in the vault; even if every debt were paid off, $84.9M would remain.
Since the drop from its peak, buyer appetite hasn’t come back.
On our five-subject report card, RAY sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: RAY is an established business that has proven its profits for years. The real debate isn’t the quality of the business — it’s whether the price paid for the stock is too high.