/
We are a Silicon Valley-based company operating in Northern California since 1977. Leveraging our proprietary sensor-based technology across a mix of global markets, including commercial and residential buildings, government infrastructure and building information modeling, we are focused on creating new, technical solutions for global applications in the areas of home and workplace safety, pro…
The business is unprofitable at the operating level (-8.74% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 10.9% YoY. Margins deteriorated 11.4pp alongside, both lines moving the wrong way.
ROIC dropped from 7.46% to -30.79%, capital efficiency is deteriorating. Operating margin contracted 11.4pp YoY, cost discipline may be slipping.
Profitability & Returns
Revenue (TTM)
$28M
▼ -10.9% YoY
Net Income (TTM)
-$4M
▼ -1196.3% YoY
Op. Margin
-12.91%
▼ -11.4pp YoY
ROIC
-53.39%
▼ -38.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$529K
▲ +126.1% YoY
Op. Cash Flow (TTM)
$1M
▲ +81.8% YoY
Net Debt
-$122K
Net Cash Position
Cash & Equiv.
$655K
3Y CAGR: +1514.4%
Continue Research