On the stock market since 1996, it operates in the world of raw materials. It has 1,440 employees. Now — the numbers.
The company is still in the product-building phase: its spending runs above its sales. That only changes once the product starts selling at scale.
Average growth of 7% 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.
An investor who bought at the very peak is down 95% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
Sales run at $272.0M a year. A small number, but proof the product has real buyers.
The average analyst price target is $1.50 — 652% above today’s price.
It pays out $0.03 per share each year — regular cash for whoever holds the stock.
A loss of $22.1M against $272.0M in annual sales.
The stock sits at $0.20. 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 1.6 years. After that, the company needs to find new money.
On our five-subject report card, SMTS sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: SMTS is a high-risk stock — not yet profitable, and its future rides on its product catching on.