On the stock market since 2013, it operates in the world of technology. Now — the numbers.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
No real growth (-2% a year). 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.
The stock trades near its peak today. For long-term holders the ride has paid off so far — though past performance guarantees nothing about the future.
There is $118.3M in the vault; even if every debt were paid off, $107.5M would remain.
A loss of $21.6M against $311.0M in annual sales. And on top of that, sales fell from the year before.
On our five-subject report card, SSNI sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: SSNI is a small company that closed last year at a loss. The road back to profit runs through spending discipline.