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Our Company We are a pioneer in the development, production and marketing of innovative visual monitoring artificial intelligence, or AI, solutions that deploy small visual sensors to monitor critical safety components in hard-to-reach locations and harsh environments, across various PdM, and CBM use cases applied both for the civil and defense sectors. We aim to be the industry benchmark for r…
The business is unprofitable at the operating level (-601.49% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 23.9% YoY. Margins deteriorated 286.0pp alongside, both lines moving the wrong way.
ROIC dropped from -51.43% to -62.99%, capital efficiency is deteriorating. Negative free cash flow of -$14M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$1M
▼ -23.9% YoY
Net Income (TTM)
-$18M
▼ -44.8% YoY
Op. Margin
-1832.66%
▼ -286.0pp YoY
ROIC
-53.60%
▼ -11.6pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$16M
▼ -66.4% YoY
Op. Cash Flow (TTM)
-$16M
▼ -66.8% YoY
Net Debt
-$21M
Net Cash Position
Cash & Equiv.
$22M
5Y CAGR: +43.8%
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