On the stock market since 2007, it operates in the world of heavy industry. It has 160 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 9% 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.
Executive selling isn’t always bad news; people sell for personal reasons too. Still, the thin buying side is worth noting.
We compared this company with its own sector across five subjects.
A score of 50 means class average.
Clearly below the class average.
Clearly below the class average.
Clearly below the class average.
Clearly below the class average.
Clearly above the class average — a step short of the very top.
Financial Strength: The cash-and-debt balance is thin; the buffer for hard times is slim.
Business Quality: Profit power and business quality trail similar companies in the sector.
The stock trades 56% below its peak. The market has trimmed its expectations for the company.
Sales run at $31.6M a year. A small number, but proof the product has real buyers.
A loss of $1.7M against $31.6M in annual sales. And on top of that, sales fell from the year before.
At the current pace of spending, the cash lasts less than a year. After that, the company needs to find new money.
Over the last 12 months, executives reported 13 sells against just 3 buys. Not an alarm bell by itself, but a number worth watching.
On our five-subject report card, TPCS sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: TPCS is a high-risk stock — not yet profitable, and its future rides on its product catching on.