Sales down 12% in the latest quarter vs a year ago
Money moves
Insiders sold $682 in the last 30 days
Institutions added 12% to their holdings in the quarter ending June 2026 (26 bought, 30 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$3.01-0.7% that day
Company value
$29M
Share price times all shares
Price vs sales
0.20x
No profit over the last year, so this compares value with sales instead
Cash vs value
133%
A big cushion: cash is a large part of what the company is worth
Debt vs value
102%
Owes more than the whole company is worth
From STEM'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
$33.7M-12% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $148.0M, down 5.1% from the 12 months before. Over 5 years, sales grew about 34% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of STEM. 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$115M
Profit in 5 years$11M
Price these guesses point to$17.85+493% vs $3.01 todayAbout +43% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales could shrink about 33% 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.
2/5Weak
MissDebt under half of equityNot relying on borrowed money.Owes more than it owns
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.88.2%
MissProfitable every yearSteady profits, not one good year.1 of 7 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$6.9M
MissGross margin 40%+Pricing power: sells for well above what it costs to make.38.4%
Revenue
$156.3M
+8.1% vs prior year
5-year growth
+33.9%/yr
revenue, per year
Total debt
$29.6M
Current ratio
0.91x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, share count not growing. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported May 6
Revenue
$33.7M
-12.3% YoY
EPS
-$1.58
vs -$1.79
Op. margin
-22.8%
+12.0 pts
Gross margin
41.3%
+7.9 pts
Free cash flow
$342K
Share count
+7.4%
vs a year ago
Insider rating
Last 90 days
50Mixed
1 insider sold $682 (not pre-planned)
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
38/ 100
This week
1
Normal week
1.7
vs normal
0.6x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+12.1%
Institutions added 12.1% to their holdings. 26 bought, 30 sold. 2 quarters of net buying in a row.
Shares held by institutions2.2M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+7.2%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
Owes more than it owns
Shares outstandingLatest reported
10M
Why moderate risk
Share count growing 7.2% a year
2 offering filings in 6 months (may sell new shares)
Auditor change
Earnings reports
Last 12
Next reportDue any dayEstimated from the same quarter last year
Results filedMay 6
Results filedMar 4
Results filedOct 29, 2025
Results filedAug 7, 2025
Results filedApr 29, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days