Why share price drop- financial analysisPYR share price drop 20% today, people may wonder why price drop. Below comparion from 2013-2015 may indicate some trending for PYR's performance. Since 2013, company indicate sign contract with oil & gas, plasmat, 3D printer. Today, same story repeat again and again. From below financial performance chart, with quarterly revenue less than $2.5M, we don't see any chance to make money. However, after two and half years, we don't see the management talking about how to expand capacity to boost revenue in order to breakeven. In order to become a profitable company, we don't know how long it will take.
PYR.V | Revenue | Cost of sales | SGA | Share compensation amortization/ other | Net loss |
Q1-2013 | 1141 | 569 | 936 | 46 | 410 |
Q2-2013 | 1341 | 787 | 941 | 45 | 432 |
Q3-2013 | 1394 | 772 | 1013 | 525 | 916 |
Q4-2013 | 1878 | 887 | 1161 | 1365 | 1651 |
Q1-2014 | 806 | 483 | 946 | 541 | 1164 |
Q2-2014 | 1958 | 833 | 1079 | 464 | 418 |
Q3-2014 | 1215 | 722 | 1082 | 406 | 995 |
Q4-2014 | 1784 | 652 | 1426 | 409 | 703 |
Q1-2015 | 1116 | 814 | 1191 | 390 | 1279 |
Q2-2015 | 1533 | 1208 | 1108 | 513 | 1296 |