On the stock market since 2020, it operates in the world of money and finance. Now — the numbers.
The company is still in the product-building phase: its spending runs far above its sales. That only changes once the product starts selling at scale.
No real growth. 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 79% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
It pays out $0.02 per share each year — regular cash for whoever holds the stock.
A loss of $552K against -$242K in annual sales.
The stock sits at $0.05. 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 less than a year. After that, the company needs to find new money.
On our five-subject report card, WMELF sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: WMELF is a high-risk stock — not yet profitable, and its future rides on its product catching on.