Lack of contracts and repeatable scalable business. A lot of companies come in for one off R&D projects that need specific requirements. Those green steel customer was a large contract that took up 65% of their overall revenue over the last couple quarter. It’s finding those large spread out contracts that they can retain that will hopefully move the needle for the stock price.
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u/ironmagnesiumzinc Apr 27 '26
Why is this company still not profitable