On the stock market since 2010, it operates in the world of real estate. Now — the numbers.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
An average decline of 39% a year over the last 4 years — the most striking risk in this picture. 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.
Executive selling isn’t always bad news; people sell for personal reasons too. Still, the thin buying side is worth noting.
The stock trades near its peak today. For long-term holders the ride has paid off so far — though past performance guarantees nothing about the future.
The company sells $46.7M a year; the problem isn’t sales — it’s costs running above that number.
It pays out $1.31 per share each year — regular cash for whoever holds the stock.
A loss of $236.9M against $46.7M 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, RCA sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: RCA is a small company that closed last year at a loss. The road back to profit runs through spending discipline.