A company still losing money with shrinking sales.
Watch out for
Losing money
Revenue down 19.5% from the year before
Money moves
No insider buying or selling in the last 30 days
Institutions cut 5.6% from their holdings in the quarter ending June 2026 (100 bought, 90 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$6.90-5.9% that day
Company value
$306M
Share price times all shares
Price vs sales
0.59x
No profit over the last year, so this compares value with sales instead
Cash vs value
92%
A big cushion: cash is a large part of what the company is worth
Debt vs value
153%
Owes more than the whole company is worth
From METC'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
$144.8M-5.3% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $515.4M, down 18% from the 12 months before. Over 5 years, sales grew about 26% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of METC. 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$304M
Profit in 5 years$30M
Price these guesses point to$10.28+49% vs $6.90 todayAbout +8.3% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales could shrink about 17% 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.
The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/5Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-12.2%
MissDebt under half of equityNot relying on borrowed money.0.97x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-9.6%
MissProfitable every yearSteady profits, not one good year.6 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$2.0M
Revenue
$536.6M
-19.5% vs prior year
5-year growth
+26.0%/yr
revenue, per year
Total debt
$467.6M
0.97x equity
Current ratio
5.46x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: share count not growing, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 4
Revenue
$144.8M
-5.3% YoY
Op. margin
-12.6%
-3.5 pts
Gross margin
11.5%
-0.8 pts
Free cash flow
$12.2M
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trend
No trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
This week
0
Normal week
1.6
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-5.6%
Institutions cut 5.6% from their holdings. 100 bought, 90 sold. 2 quarters of net selling in a row.
Shares held by institutions45.4M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+1.3%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
1.2x · $452.8M debt
Shares outstandingLatest reported
44M
Why moderate risk
Losing money
Debt above equity: 1.2x
Revenue down 19.5% from the year before
Earnings reports
Last 12
Next reportDue any dayEstimated from the same quarter last year
Results filedAug 4
Results filedMay 11
Results filedFeb 25
Results filedOct 27, 2025
Results filedJul 31, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days