On the stock market since 2007, it operates in the world of energy. It has 20 employees. 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.
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.
Executives buying with their own money is usually read as confidence in the company’s future.
The stock trades 41% below its peak. The market has trimmed its expectations for the company.
Over the last 12 months, company executives reported 18 buys and 3 sells. Management buying with its own money is usually read as a good sign.
A loss of $7.6M against $0 in annual sales.
The stock sits at $0.38. 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 1.3 years. After that, the company needs to find new money.
On our five-subject report card, ZNOG sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: ZNOG is a high-risk stock — not yet profitable, and its future rides on its product catching on.