Q: Can you give me your opinion on this company.
5i Research Answer:
XBOT, with its 'real life' robot developments, has attracted a lot of attention, and the stock is up 154% this year, bringing market cap to $112M. Insiders own close to 40%. It has minimal sales, losses and negative cash flow, so risks need to be considered very high here. The stock does not have a great long term history, and was much higher five years ago. Still, it is interesting overall for the sector. It has some partnerships, but a recent auditor change is a bit of a red flag. It is also hard to analyze without third-party sales confirming the robustness of its technology. There is also a lot of (bigger) competition. We would consider it too risky right now after its big gains.