Cheelcare Inc. develops and distributes assistive mobility devices, including robotic wheelchairs and accessories. The company shows strong liquidity with a current ratio of 3.63, indicating good short-term financial health. However, it faces significant concerns with negative EBITDA and net margins, suggesting operational inefficiencies and potential challenges in profitability. Despite a high gross margin of 58.1%, the overall financial performance raises questions about sustainability and growth, especially given the low market cap of $27.96M.
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Company is burning $631K per quarter with $2.4M in cash. Approximately 3.8 quarters of runway at current burn rate.
Company posted a loss of $-3.7M over the last year, representing 160.8% of revenue.
Operating cash flow has been negative for 3 consecutive quarters, burning $2.5M over the last year.
Gross profit margin decreased from 37.6% to 31.6% compared to last year.
Exceptional revenue growth of 53.0% YoY demonstrates strong market demand and competitive positioning.
Excellent liquidity with current ratio of 3.6x ensures operational stability.
Strong balance sheet with net cash position provides cushion for growth investments.
Valuation, risk assessment, competitive positioning, and key insights — all in one report.
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Based on 2027-Q1 (July 31, 2026)