On the stock market since 2017, it operates in the world of raw materials. It has 10 employees. Now — the numbers.
The company is still in the product-building phase: its spending runs far above its sales. That only changes once the product starts selling at scale.
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 47% below its peak. The market has trimmed its expectations for the company.
Nothing in the current numbers stands out as a strong positive. That, by itself, is worth knowing.
A loss of $5.8M against $0 in annual sales.
The stock sits at $0.15. 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 1.1 years. After that, the company needs to find new money.
On our five-subject report card, RRDMF sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: RRDMF is a high-risk stock — not yet profitable, and its future rides on its product catching on.