Doing a quick glance before getting back to spreadsheet hell on something else...Prognightmare said:
MVIS reported earnings AH and the reaction looks positive but I haven't delved into it. Has anyone analyzed it for the board. I can't tonight because I get up really early on Fridays for work. It's chart is looking extremely attractive though. TIA.
- Balance sheet stronger than last year with increased current assets over liabilities (can pay their bills)
- Took a little debt but very little compared to cash balances (most is still long term = due at least one year out)
- Revenues down in 2020 compared to 2019 but don't know back story here.
- Gross margins up dollar and percentage-wise on smaller revenues.
- Loss per share decreased from loss of $.24 / share in 2020 to loss of $.10 in 2021
Press release operational highlights:
- Good advancement in AutoLiDAR
- Benchmarking data and sample hardware ready in April 2021
- 1st Generation of long-range LIdar sensor could be ready 3Q/4Q 2021.