On the stock market since 2012, it operates in the world of energy. It has 281 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.
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. This is the most critical line in the whole picture.
An investor who bought at the very peak is down 71% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
Over the last 3 years, sales grew about 17% a year on average.
Sales run at $69.8M a year. A small number, but proof the product has real buyers.
It pays out $0.0050 per share each year — regular cash for whoever holds the stock.
A loss of $6.8M against $69.8M in annual sales. And on top of that, sales fell from the year before.
The stock sits at $0.52. 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 1.4 years. After that, the company needs to find new money.
On our five-subject report card, TRXEF sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: TRXEF is a high-risk stock — not yet profitable, and its future rides on its product catching on.