On the stock market since 2010, it operates in the world of technology. It has 25 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.
Average growth of 28% 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.
angles, checked one by one.
The 3 that stand out are on screen; the rest came back neutral.
The council scores out of 10; report-card grades are out of 100.
Profit per Sale: Right now the product sells for less than it costs to make; every sale deepens the loss.
An investor who bought at the very peak is down 97% 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 50% a year on average.
Sales run at $2.1M a year. A small number, but proof the product has real buyers.
Over the last 12 months, company executives reported 25 buys and 0 sells. Management buying with its own money is usually read as a good sign.
A loss of $10.7M against $2.1M 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.
The stock trades 52% above the average analyst price target.
On our five-subject report card, SASI sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: SASI is a high-risk stock — not yet profitable, and its future rides on its product catching on.