A company still losing money with shrinking sales. Institutions are adding.
Going well
Sales up 408% last year
Little debt
Watch out for
Sales down 56% in the latest quarter vs a year ago
Losing money, losses are large next to sales
Share count growing 7.3% a year
Money moves
Insiders sold $1.1M in the last 30 days, all through pre-planned sales
Institutions added 11% to their holdings in the quarter ending June 2026 (51 bought, 39 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$6.60-4.6% that day
Company value
$127M
Share price times all shares
Price vs sales
28.5x
No profit over the last year, so this compares value with sales instead
Cash vs value
44%
A big cushion: cash is a large part of what the company is worth
Debt vs value
1%
Debt as a share of company value
From ALMU's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26 (worked out from yearly totals)
$582K-56% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $4.5M, down 4.4% from the 12 months before.
What the price assumes
Your guesses, our math
Move the sliders to your own view of ALMU. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$4M
Profit in 5 years$0M
Price these guesses point to$0.19-97% vs $6.60 todayAbout -51% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales would have to grow about 95% a year for 5 years just to match today's price.
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.
The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/6Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-15.2%
PassDebt under half of equityNot relying on borrowed money.0.02x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-64.8%
MissProfitable every yearSteady profits, not one good year.0 of 5 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$1.3M
MissShare count not growingNot diluting owners. Falling means buybacks.+23.6% in 3 years
Revenue
$4.7M
+407.6% vs prior year
Total debt
$715K
0.02x equity
Current ratio
48.80x
short-term assets / bills due
Free cash flow
-$1.3M
-28.1% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Sep 16
Revenue
$582K
-55.8% YoY
EPS
-$0.22
vs -$0.05
Op. margin
-84.7%
-265.4 pts
Gross margin
25.6%
-15.3 pts
Free cash flow
-$1.8M
Share count
+21.2%
vs a year ago
Some values are worked out from year-to-date totals in the annual report.
Insider rating
Last 90 days
45Mixed
Pre-planned sales of $1.1M (weaker signal)
50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.
Weekly insider trend
13 weeks agoBoughtSoldThis week
Filing buzz
Last 7 days vs normal
39/ 100
This week
1
Normal week
1.7
vs normal
0.6x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+11.4%
Institutions added 11.4% to their holdings. 51 bought, 39 sold. 6 quarters of net buying in a row.
Shares held by institutions5.4M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+16.7%
Cash runwayAt last year's cash burn
206 months
Debt to equityLatest balance sheet: debt compared with what owners have
0.0x · $715K debt
Shares outstandingLatest reported
19M
Why elevated risk
Losing money, losses are large next to sales
Share count growing 16.7% a year (dilution)
Earnings reports
Last 12
Next reportAround Nov 11 (est.)Estimated from the same quarter last year
Results filedSep 16
Results filedMay 13
Results filedFeb 11
Results filedNov 12, 2025
Results filedSep 9, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.