On the stock market since 1980, it operates in the world of technology. It has 11 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.
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.
angles, checked one by one.
The 4 that stand out are on screen; the rest came back neutral.
The council scores out of 10; report-card grades are out of 100.
Bets Against the Stock: The number of investors betting on a fall stands out.
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.
The company sells $27.7M a year; the problem isn’t sales — it’s costs running above that number.
A loss of $5.4M against $27.7M in annual sales.
At the current pace of spending, the cash lasts less than a year. After that, the company needs to find new money.
On our five-subject report card, VCON sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: VCON is a small company that closed last year at a loss. The road back to profit runs through spending discipline.