/
AND HISTORY Reliability Incorporated ( Reliability or the Company ), headquartered in Clarksburg, Maryland, through its wholly owned subsidiary, The Maslow Media Group, Inc. ( Maslow or MMG ), provides workforce solutions consisting primarily of Employer of Record ( EOR ) services, Staffing Solutions, Managed Services, and Video Production Services. The Company serves clients across diverse ind…
The business is unprofitable at the operating level (-4.01% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 13.6% YoY. The question is whether this is cyclical or a structural shift.
ROIC dropped from -7.30% to -9.32%, capital efficiency is deteriorating.
Profitability & Returns
Revenue (TTM)
$22M
▼ -13.6% YoY
Net Income (TTM)
-$450K
▼ -11.8% YoY
Op. Margin
-2.48%
▼ -1.1pp YoY
ROIC
-6.27%
▼ -2.0pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$450K
▲ +171.7% YoY
Op. Cash Flow (TTM)
$450K
▲ +174.0% YoY
Net Debt
-$551K
Net Cash Position
Cash & Equiv.
$619K
5Y CAGR: -6.6%
Continue Research