Midas AILtd's(KOSDAQ:222810) Share Price Is Down 77% Over The Past Three Years.

Every investor on earth makes bad calls sometimes. But you want to avoid the really big losses like the plague. So take a moment to sympathize with the long term shareholders of Midas AI Co.,Ltd. (KOSDAQ:222810), who have seen the share price tank a massive 77% over a three year period. That would be a disturbing experience. The more recent news is of little comfort, with the share price down 28% in a year. Shareholders have had an even rougher run lately, with the share price down 12% in the last 90 days.

View our latest analysis for Midas AILtd

Midas AILtd isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. That's because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size.

The image below shows how earnings and revenue have tracked over time (if you click on the image you can see greater detail).

If you are thinking of buying or selling Midas AILtd stock, you should check out this FREE detailed report on its balance sheet.

A Different Perspective

Over the last year, Midas AILtd shareholders took a loss of 28%. In contrast the market gained about 47%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Unfortunately, the longer term story isn't pretty, with investment losses running at 21% per year over three years. We'd need clear signs of growth in the underlying business before we could muster much enthusiasm for this one. It's always interesting to track share price performance over the longer term. But to understand Midas AILtd better, we need to consider many other factors. Take risks, for example - Midas AILtd has 3 warning signs (and 2 which make us uncomfortable) we think you should know about.

If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: insiders have been buying them).

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on KR exchanges.

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This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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