Develop integrated hardware and software solutions for broadband access. Provide content delivery and storage solutions for video services. 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 23% 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.
This company is not turning a profit, so the market is pricing its sales instead: 0.9× for every dollar of annual revenue.
No analyst target is on record for this company.
The stock trades 54% below its peak. The market has trimmed its expectations for the company.
Over the last 4 years, sales grew about 23% a year on average.
Sales run at $206.1M a year. A small number, but proof the product has real buyers.
It pays out $0.16 per share each year — regular cash for whoever holds the stock.
A loss of $12.8M against $206.1M 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.
Against everything we grade, VNWTF lands somewhere in the middle. The grade moves as the numbers move.
The takeaway: VNWTF is a high-risk stock — not yet profitable, and its future rides on its product catching on.
Not covered, because the filings we hold do not carry it: the revenue breakdown.