skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. NEXE: Could you an up date and your opinion ths stok. [Nexe Innovations Inc.]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Could you an up date and your opinion ths stok.
Asked by James on July 07, 2023
5i Research Answer:

It's a small-cap company ($41.8M market cap) with a small revenue base of ~$100K. It does not generate positive free cash flows and mostly issues shares to fund its operations. Its equity position of $41.9M is decent, with a good cash balance of $23.9M. The cash should help to provide the name with some support, but with such a small market cap and less enthusiasm on the 'plant-based' product frenzy, it remains hard to get excited about this one.