SST market cap is $362 m, and annual revenue was $40.75 m in FY 2019

SST Gross profit (Q2, 2020)6.9 M

SST Gross profit margin (Q2, 2020), %61.4%

SST Net income (Q2, 2020)866 K

SST EBIT (Q2, 2020)910 K

SST Cash, 30-Jun-202025.8 M

SST revenue was $40.75 m in FY, 2019

USD | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Revenue | 23.8m | 34.8m | 40.8m |

## Cost of goods sold | 12.2m | 14.8m | 16.4m |

## Gross profit | 11.6m | 19.9m | 24.3m |

| 49% | 57% | 60% |

## Sales and marketing expense | 6.2m | 8.4m | 10.0m |

## R&D expense | 4.2m | 5.0m | 5.3m |

## General and administrative expense | 5.6m | 8.4m | 7.4m |

## Operating expense total | 15.9m | 21.8m | 22.7m |

## EBIT | (4.3m) | (2.6m) | 1.6m |

| (18%) | (7%) | 4% |

## Interest expense | 1.1m | 82.0k | 440.0k |

## Pre tax profit | (9.8m) | (2.7m) | 1.8m |

## Income tax expense | 160.0k | (13.0k) | (41.0k) |

## Net Income | (10.0m) | (2.7m) | 1.8m |

USD | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
---|---|---|---|---|---|---|---|---|---|---|

## Revenue | 5.8m | 6.8m | 6.9m | 8.9m | 9.2m | 9.6m | 10.3m | 10.0m | 10.5m | 11.3m |

## Cost of goods sold | 2.7m | 3.5m | 3.3m | 3.6m | 3.9m | 4.0m | 4.3m | 4.0m | 4.3m | 4.4m |

## Gross profit | 3.1m | 3.4m | 3.6m | 5.3m | 5.3m | 5.6m | 6.0m | 6.0m | 6.1m | 6.9m |

| 54% | 50% | 52% | 60% | 58% | 58% | 58% | 60% | 58% | 61% |

## Sales and marketing expense | 1.4m | 1.8m | 1.6m | 2.2m | 2.5m | 2.6m | 2.4m | 2.4m | 2.5m | 2.3m |

## R&D expense | 928.0k | 1.1m | 1.2m | 1.3m | 1.2m | 1.3m | 1.4m | 1.4m | 1.4m | 1.4m |

## General and administrative expense | 971.0k | 1.3m | 2.0m | 1.8m | 2.9m | 2.0m | 1.9m | 1.8m | 2.3m | 2.3m |

## Operating expense total | 3.3m | 4.2m | 4.8m | 5.3m | 6.6m | 5.9m | 5.7m | 5.6m | 6.1m | 6.0m |

## EBIT | (119.0k) | (771.0k) | (1.2m) | (297.0k) | (1.5m) | (320.0k) | 290.0k | 378.0k | (23.0k) | 910.0k |

| (2%) | (11%) | (18%) | (3%) | (16%) | (3%) | 3% | 4% | 0% | 8% |

## Interest expense | 445.0k | 358.0k | 27.0k | 22.0k | 23.0k | 33.0k | 171.0k | 131.0k | 93.0k | 5.0k |

## Pre tax profit | (1.2m) | (351.0k) | (1.5m) | (344.0k) | 409.0k | 439.0k | 12.0k | 858.0k | ||

## Income tax expense | 26.0k | 18.0k | (76.0k) | 18.0k | 22.0k | (7.0k) | (1.0k) | (8.0k) | ||

## Net Income | (4.3m) | (1.6m) | (1.2m) | (369.0k) | (1.4m) | (362.0k) | 387.0k | 446.0k | 13.0k | 866.0k |

USD | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Cash | 19.6m | 10.2m | 24.6m |

## Accounts Receivable | 3.9m | ||

## Prepaid Expenses | 839.0k | 1.5m | 1.8m |

## Current Assets | 24.4m | 27.1m | 40.2m |

## PP&E | 11.6m | 16.5m | 16.6m |

## Goodwill | 1.4m | 1.4m | |

## Total Assets | 36.2m | 47.1m | 60.6m |

## Accounts Payable | 1.6m | 1.3m | 1.2m |

## Current Liabilities | 21.2m | 28.8m | 32.4m |

## Long-term debt | 598.0k | ||

## Total Debt | 598.0k | ||

## Total Liabilities | 24.0m | 30.0m | 33.3m |

## Common Stock | 48.0k | 55.0k | 57.0k |

## Additional Paid-in Capital | 109.7m | 114.6m | 122.9m |

## Retained Earnings | (97.6m) | (97.4m) | (95.6m) |

## Total Equity | 12.2m | 17.1m | 27.3m |

## Financial Leverage | 3 x | 2.7 x | 2.2 x |

USD | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Net Income | (10.0m) | (2.7m) | 1.8m |

## Depreciation and Amortization | 3.1m | 3.9m | 5.0m |

## Accounts Receivable | (1.5m) | (11.2m) | |

## Accounts Payable | 291.0k | (346.0k) | (243.0k) |

## Cash From Operating Activities | 3.4m | (1.4m) | 13.7m |

## Purchases of PP&E | (6.4m) | (8.4m) | (4.8m) |

## Cash From Investing Activities | (6.5m) | (10.2m) | (4.9m) |

## Short-term Borrowings | (13.5m) | ||

## Cash From Financing Activities | 18.8m | 2.4m | 5.5m |

## Net Change in Cash | 15.6m | (9.2m) | 14.3m |

## Interest Paid | 1.2m | ||

## Income Taxes Paid | 51.0k |

USD | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
---|---|---|---|---|---|---|---|---|---|---|

## Net Income | (5.9m) | (7.5m) | (1.2m) | (1.6m) | (3.0m) | (362.0k) | 25.0k | 471.0k | 13.0k | 879.0k |

## Depreciation and Amortization | 1.4m | 2.3m | 817.0k | 1.8m | 2.8m | 1.2m | 2.4m | 3.6m | 1.4m | 2.7m |

## Accounts Receivable | (666.0k) | (3.7m) | (2.4m) | 7.9m | 6.3m | 8.5m | ||||

## Accounts Payable | (307.0k) | 429.0k | 305.0k | 1.1m | 715.0k | (346.0k) | (514.0k) | (617.0k) | (562.0k) | (405.0k) |

## Cash From Operating Activities | 1.1m | 1.6m | (2.2m) | (836.0k) | 2.5m | 8.9m | 7.7m | 11.2m | 5.7m | 5.2m |

## Purchases of PP&E | (2.9m) | (4.5m) | (3.0m) | (5.6m) | (7.4m) | (896.0k) | (2.4m) | (3.7m) | (1.1m) | (2.3m) |

## Cash From Investing Activities | (2.9m) | (4.6m) | (3.0m) | (5.7m) | (7.5m) | (930.0k) | (2.4m) | (3.7m) | (1.1m) | (2.3m) |

## Short-term Borrowings | (13.5m) | |||||||||

## Cash From Financing Activities | 33.1m | 18.4m | 342.0k | 1.9m | 1.9m | 11.3m | 11.8m | 8.5m | (289.0k) | (1.5m) |

## Net Change in Cash | 31.3m | 15.4m | (4.9m) | (4.6m) | (3.0m) | 19.3m | 17.1m | 15.9m | 4.3m | 1.4m |

## Interest Paid | 721.0k | 1.2m |

USD | Q2, 2017 |
---|---|

## Revenue/Employee | 66.1k |

## Financial Leverage | 3.2 x |