← BackOptimizeRx Corp · Business Services, NECOPRX
Low riskNext report: Around Nov 5 (est.)
The short versionA profitable company with shrinking sales. Institutions are trimming.
Going well
- Profitable
- Sales up 19% last year
- Brings in more cash than it spends
Watch out for
- Sales down 30% in the latest quarter vs a year ago
Money moves
- No insider buying or selling in the last 30 days
- Institutions cut 18% from their holdings in the quarter ending June 2026 (55 bought, 78 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$9.10-0.2% that day
- Company value
- $171M
- Share price times all shares
- Price vs profit (P/E)
- 39.6x
- You pay about $40 for each $1 of yearly profit
- Price vs sales
- 1.7x
- Company value is 1.7 times a year of sales
- Cash vs value
- 14%
- Cash as a share of company value
- Debt vs value
- 15%
- Debt as a share of company value
From OPRX'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$20.5M-30% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $98.7M, down 5.8% from the 12 months before. Over 5 years, sales grew about 20% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.4.2%
- PassDebt under half of equityNot relying on borrowed money.0.20x equity
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.4.7%
- MissProfitable every yearSteady profits, not one good year.3 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$18.7M
- MissShare count not growingNot diluting owners. Falling means buybacks.+6.8% in 3 years
- PassGross margin 40%+Pricing power: sells for well above what it costs to make.67.3%
- Revenue
- $109.4M
- +18.8% vs prior year
- 5-year growth
- +20.4%/yr
- revenue, per year
- Total debt
- $26.3M
- 0.20x equity
- Current ratio
- 3.04x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Revenue
- $20.5M
- -29.8% YoY
- EPS
- -$0.04
- vs $0.08
- Op. margin
- -0.4%
- -11.4 pts
- Gross margin
- 76.5%
- +12.7 pts
- Free cash flow
- $8.6M
- Share count
- -1.2%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
45/ 100
- This week
- 1
- Normal week
- 1.3
- vs normal
- 0.8x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▼Distributing-17.6%Institutions cut 17.6% from their holdings. 55 bought, 78 sold.
Shares held by institutions11.2M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
+4.3%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
0.1x · $19.7M debtShares outstandingLatest reported
19MNext reportAround Nov 5 (est.)Estimated from the same quarter last year
- Results filedAug 12
- Results filedMay 12
- Results filedMar 5
- Results filedNov 6, 2025
- Results filedAug 7, 2025
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.
Latest filings
Straight from SEC EDGAR
Shares withheld for taxesAndrew J. D'silvaChief Business Officer
414 shares at $8.39 · $3K
- -0% of holdings
- Now owns 99,246 shares
- Filed 1 day after trade
Shares withheld for taxesAndrew J. D'silvaChief Business Officer
1,432 shares at $7.86 · $11K
- -1% of holdings
- Now owns 99,660 shares
- Filed 1 day after trade
Shares withheld for taxesEdward StelmakhChief Finance & Strat Officer
1,381 shares at $7.71 · $11K
- -1% of holdings
- Now owns 121,791 shares
- Filed 3 days after trade
Shares withheld for taxesAndrew J. D'silvaChief Business Officer
1,243 shares at $7.71 · $10K
- -3% of holdings
- Now owns 43,492 shares
- Filed 3 days after trade
Shares withheld for taxesMarion Odence-fordChief Legal & Admin Officer
1,529 shares at $7.71 · $12K
- -2% of holdings
- Now owns 90,407 shares
- Filed 3 days after trade
Shares withheld for taxesStephen L SilvestroChief Executive Officer
1,737 shares at $7.71 · $13K
- -1% of holdings
- Now owns 183,551 shares
- Filed 3 days after trade