Picocela Inc. logo

Picocela Inc. (PCLA)

Market Closed
16 Jun, 20:00
NASDAQ (CM) NASDAQ (CM)
$
5. 85
+1.05
+21.875%
$
- Market Cap
- P/E Ratio
- Div Yield
153,518 Volume
- Eps
$ 4.8
Previous Close
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Day Range
4.79 6
Year Range
1.35 103.5
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PicoCELA Seeks High Valuation U.S. IPO On Worsening Operating Results

PicoCELA Seeks High Valuation U.S. IPO On Worsening Operating Results

PicoCELA Inc. has filed to raise $10 million in a U.S. IPO to fund inventory and product R&D. The company faces intense competition, significant supplier and customer concentration risks, and operates in a highly competitive market with low profit margins. PicoCELA's financials show fluctuating revenue, increasing operating losses, and substantial cash burn, with a negative TTM free cash flow of $4.2 million.

Seekingalpha | 1 year ago