On the stock market since 2009, it operates in the world of money and finance. It has 232 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 13% 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.
Executive selling isn’t always bad news; people sell for personal reasons too. Still, the thin buying side is worth noting.
An investor who bought at the very peak is down 72% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
It pays out $0.04 per share each year — regular cash for whoever holds the stock.
A loss of $4.3M against $36.4M in annual sales. And on top of that, sales fell from the year before.
Over the last 12 months, executives reported 33 sells against just 9 buys. Not an alarm bell by itself, but a number worth watching.
On our five-subject report card, TBNK sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: TBNK is a small company that closed last year at a loss. The road back to profit runs through spending discipline.