On the stock market since 2009, it operates in the world of energy. It has 188 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.
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.
angles, checked one by one.
The 5 that stand out are on screen; the rest came back neutral.
The council scores out of 10; report-card grades are out of 100.
Revenue Growth: Sales are growing slowly.
An investor who bought at the very peak is down 99% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
There is $102.5M in the vault; even if every debt were paid off, $68.0M would remain.
It met or beat analyst expectations in 6 of the last 6 quarters — consistency is a promise kept.
A loss of $42.6M against $66.3M in annual sales. And on top of that, sales fell from the year before.
The stock sits at $0.35. Under exchange rules, stocks that stay below $1 for too long risk being removed from the market.
At the current pace of spending, the cash lasts about 2.4 years. After that, the company needs to find new money.
On our five-subject report card, RCON sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: RCON is a small company that closed last year at a loss. The road back to profit runs through spending discipline.