Farmmi, Inc. hasn't performed well enough financially over the last 5 years.
We noticed something that, in our opinion, makes Farmmi, Inc. a poor choice right now at any price.
π Below our comfort level for covering day-to-day costs and bills.
π Below our comfort level for covering day-to-day costs and bills.
π Paying out too little of the expendable income to shareholders.
π Paying out too little of the expendable income to shareholders.
π Shareholders' earnings are coming from somewhere other than operations.
β Could probably operate for more than a year without any new income.
β Could probably operate for more than a year without any new income.
β Has a strong financial cushion for the long term.
β Has a strong financial cushion for the long term.
β Less than a year's worth of inventory is being held.
β Less than a year's worth of inventory is being held.
β Shareholders' earnings are coming from operations.
π Income after taxes and debts is unreliable.
π Income after taxes and debts is unreliable.
π Expendable income per shareholder is unreliable.
π Expendable income per shareholder is unreliable.
π Income actually returned to each shareholder is unreliable.
π Income actually returned to each shareholder is unreliable.
π Shareholders earn less than 8% per year on their shares.
π Shareholders earn less than 8% per year on their shares.