A company still losing money with growing sales. Institutions are adding.
Going well
Sales up 12% in the latest quarter vs a year ago
Watch out for
Losing money
Debt above equity: 1.14x
Revenue down 24% from the year before
Money moves
Insiders sold $3.2M in the last 30 days
Institutions added 4% to their holdings in the quarter ending June 2026 (102 bought, 81 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$8.32-0.2% that day
Company value
$376M
Share price times all shares
Price vs sales
1.2x
No profit over the last year, so this compares value with sales instead
Debt vs value
46%
Debt as a share of company value
From CRNC'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
$69.6M+12% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $309.5M, up 26% from the 12 months before. Over 5 years, sales shrank about 5.3% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of CRNC. 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$983M
Profit in 5 years$98M
Price these guesses point to$28.12+238% vs $8.32 todayAbout +28% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales could shrink about 1.2% a year for 5 years and still 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.