On the stock market since 2010, it operates in the world of heavy industry. It has 2 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.
An average decline of 30% 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. For now, time is on the company’s side.
Executives buying with their own money is usually read as confidence in the company’s future.
angles, checked one by one.
The 4 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.
The stock trades 47% below its peak. The market has trimmed its expectations for the company.
There is $8.3M in the vault; even if every debt were paid off, $8.3M would remain.
Over the last 12 months, company executives reported 27 buys and 23 sells. Management buying with its own money is usually read as a good sign.
It pays out $0.50 per share each year — regular cash for whoever holds the stock.
A loss of $1.1M against $1.3M in annual sales. And on top of that, sales fell from the year before.
The sales tempo runs behind the sector. Council score: 2/10.
Since the drop from its peak, buyer appetite hasn’t come back. Council score: 2/10.
On our five-subject report card, SKAS sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: SKAS is a small company that closed last year at a loss. The road back to profit runs through spending discipline.