Research Frontiers Incorporated
General ticker "REFR" information:
- Sector: Information Technology
- Industry: Electronic Equipment, Instruments & Components
- Capitalization: $52.1M (TTM average)
Research Frontiers Incorporated follows the US Stock Market performance with the rate: 36.8%.
Estimated limits based on current volatility of 5.2%: low 1.56$, high 1.74$
Factors to consider:
- Total employees count: 480 (+7900.0%) as of 2024
- Countries other than US accounted for 70.0% of revenue in the fiscal year ended 2024-12-31
- Top business risk factors: License dependency, Limited resources, Market competition, Labor/talent shortage/retention, Intellectual property risks
- Price in estimated range
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [1.00$, 2.68$]
- 2025-12-31 to 2026-12-31 estimated range: [0.83$, 2.30$]
Financial Metrics affecting the REFR estimates:
- Positive: with PPE of -43.1 at the end of fiscal year the price was low
- Negative: negative Operating income
- Negative: Operating cash flow per share per price, % of -1.45 <= 0.33
- Positive: -8.75 < Industry operating profit margin (median), % of -2.62
- Positive: Inventory ratio change, % of 0 <= 0
- Positive: Investing cash flow per share per price, % of 0 > -0.66
- Negative: negative Net income
- Positive: Shareholder equity ratio, % of 64.47 > 63.39
Short-term REFR quotes
Long-term REFR plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $0.54MM | $0.91MM | $1.34MM |
| Operating Expenses | $3.16MM | $2.94MM | $2.78MM |
| Operating Income | $-2.63MM | $-2.03MM | $-1.44MM |
| Non-Operating Income | $-0.04MM | $0.12MM | $0.10MM |
| R&D Expense | $0.61MM | $0.58MM | $0.57MM |
| Income(Loss) | $-2.67MM | $-1.91MM | $-1.35MM |
| Profit(Loss)* | $-2.67MM | $-1.91MM | $-1.31MM |
| Stockholders Equity | $4.80MM | $3.52MM | $2.60MM |
| Assets | $5.37MM | $3.85MM | $4.04MM |
| Operating Cash Flow | $-2.18MM | $-2.30MM | $-0.79MM |
| Capital expenditure | $0.00MM | $0.00MM | $0.00MM |
| Investing Cash Flow | $2.69MM | $0.06MM | $-0.00MM |
| Financing Cash Flow | $3.45MM | $0.48MM | $0.31MM |
| Earnings Per Share** | $-0.08 | $-0.06 | $-0.04 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.