Company profile

Ticker
JAN
Exchange
Website
CEO
Tony Isaac
Employees
Incorporated
Location
Fiscal year end
Former names
APPLIANCE RECYCLING CENTERS OF AMERICA INC /MN
SEC CIK
IRS number
411454591

JAN stock data

(
)

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

10 Nov 20
26 Nov 20
2 Jan 21

News

Quarter (USD) Sep 20 Jun 20 Mar 20 Sep 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from JanOne earnings reports.

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
31 Mar 20 Virland A Johnson Common Shares Sell Dispose S No 2.19 4,900 10.73K 38,514
27 Mar 20 Virland A Johnson Common Shares Sell Dispose S No 2.21 1,900 4.2K 43,414
25 Mar 20 Virland A Johnson Common Shares Sell Dispose S No 2.19 6,686 14.64K 45,314
13F holders
Current Prev Q Change
Total holders 1 1
Opened positions 0 0
Closed positions 0 11 EXIT
Increased positions 0 0
Reduced positions 0 0
13F shares
Current Prev Q Change
Total value 0 0
Total shares 0 0
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
Proequities 0 $0
Largest transactions
Shares Bought/sold Change
Proequities 0 0

Financial report summary

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Competition
LBS
Risks
  • If we fail to implement our business strategy or if our business strategy is ineffective, our financial performance could be materially and adversely affected.
  • A cybersecurity incident could negatively impact our business and our relationships with customers.
  • Failure to effectively manage our costs could have a material adverse effect on our profitability.
  • Any failure of our information technology infrastructure or management information systems could cause a disruption in our business and our results of operations could be materially adversely impacted.
  • We are subject to risks associated with leasing substantial amounts of space, including future increases in occupancy costs.
  • Our business model is entirely dependent on certain patent rights licensed to us from the Licensors (as defined below), and the loss of those license rights would, in all likelihood, cause our business, as presently contemplated, to fail.
  • Sales of counterfeit versions of our product candidate, as well as unauthorized sales of our product candidate, may have adverse effects on our revenues, business, results of operations and damage our brand and reputation.
  • Even if we receive regulatory approval for our product candidate, we may not be able to successfully commercialize the product and the revenue that we generate from its sales, if any, may be limited.
  • Even if we obtain marketing approval for our product candidate, we will be subject to ongoing obligations and continued regulatory review, which may result in significant additional expense. Additionally, our product candidate could be subject to labeling and other restrictions and withdrawal from the market and we may be subject to penalties if we fail to comply with regulatory requirements or if we experience unanticipated problems with our product candidate.
  • Obtaining and maintaining regulatory approval of our product candidate in one jurisdiction does not mean that we will be successful in obtaining regulatory approval of our product candidate in other jurisdictions.
  • Third-party coverage and reimbursement and health care cost containment initiatives and treatment guidelines may constrain our future revenues.
  • We are dependent on rights to certain technologies licensed to us. We do not have complete control over these technologies and any loss of our rights to them could prevent us from selling our product candidate.
  • It is difficult and costly to protect our intellectual property rights, and we cannot ensure the protection of these rights.
  • It is difficult and costly to block others from developing similar products for other indications, and we cannot ensure that these products will not be less expensive and thus be prescribed off-label by physicians for use in our indications.
  • We may be subject to claims that we have wrongfully hired an employee from a competitor or that we or our employees have wrongfully used or disclosed alleged confidential information or trade secrets of their former employers.
  • Our revenues, earnings and cash flows will fluctuate based on changes in commodity prices.
  • We purchase our replacement appliances from third-party manufacturers, who we believe manufacture those appliances in China, and, as a result, international trade conditions could adversely affect us.
  • If our third-party collection or delivery services are unable to meet our promised pickup and delivery schedules, our net sales may decline due to a decline in customer satisfaction.
  • Our business is dependent on the general economic conditions in our markets.
  • If we fail to hire, train and retain key management, qualified managers, other employees and subcontracted agents, we could have difficulty implementing our business strategy, which may result in reduced net sales, operating margins and profitability.
  • We are subject to certain statutory, regulatory and legal developments that could have a material adverse impact on our business.
  • Significant shortages in diesel fuel supply or increases in diesel fuel prices will increase our operating expenses.
  • Our revenues from recycling contracts are subject to seasonal fluctuations and are dependent on the utilities’ advertising and promotional activities for contracts in which we do not provide advertising services.
  • We may need new capital to fully execute our growth strategy.
  • Changes in governmental regulations relating to our recycling business could increase our costs of operations and adversely affect our business.
  • GeoTraq has incurred significant operating losses since inception and expects the losses will continue into the future. If the losses continue GeoTraq may have to suspend operations or cease operations.
  • GeoTraq does not have sufficient funds to complete each phase of its proposed plan of operation and as a result may have to suspend operations.
  • GeoTraq outsources the research and development of its technology, and as a result it is dependent upon those third-party developers to develop our products in a timely and cost-efficient manner while maintaining a minimum level of quality.
  • GeoTraq’s success depends on sales and adoption of its technology for asset tracking and theft recovery.
  • Cellular service providers on which GeoTraq’s technology is dependent may change the terms by which the technology is used on their networks, which could result in lower revenue and adverse effects on our business.
  • GeoTraq may not be able to enhance its technology to keep pace with technological and market developments or develop new technology in a timely manner or at competitive prices.
  • If GeoTraq is unable to develop or modify its technology for new customer products, GeoTraq’s revenue growth may be adversely affected and its net income could decline.
  • GeoTraq’s business may suffer if it is alleged or determined that its technology or another aspect of its business infringes the intellectual property rights of others.
  • GeoTraq faces significant competition and failure to successfully compete in the industry with established companies may result in GeoTraq’s inability to continue with its business operations.
  • GeoTraq products require FCC approval, and possibly approvals from other international and domestic government regulatory agencies, that may not be approved. In addition, our technology could be affected by other existing laws or regulations or future legislative or regulatory changes that may affect our business.
  • GeoTraq may be subject to legal proceedings involving its technology that could result in substantial costs and which could materially harm GeoTraq’s business operations.
  • GeoTraq may not be able to attract and retain qualified personnel necessary for the development of its technology and implementation of its proposed plan of operations.
  • GeoTraq’s management lacks any formal training or experience in offshore manufacturing and supply chain management, and as a result management may make mistakes, which could have a negative impact on GeoTraq’s business operations.
  • GeoTraq’s business and products are subject to a variety of additional U.S. and foreign laws and regulations that are central to our business and its failure to comply with these laws and regulations could harm our business or our operating results.
  • Our principal shareholders own a large percentage of our voting stock, which will allow them to control substantially all matters requiring shareholder approval.
  • The trading volumes in our common stock are highly variable, which could adversely affect the value and liquidity of your investment in our common stock.
  • We do not intend to declare dividends on our stock in the foreseeable future.
  • The Nevada Revised Statutes (“NRS”) contain provisions that could discourage, delay or prevent a change in control of our company, prevent attempts to replace or remove current management and reduce the market price of our stock.
Management Discussion
  • Revenue decreased $1,697 or 4.6% for the fiscal year ended December 28, 2019 as compared to the fiscal year ended December 29, 2018. Replacement Appliance revenue increased $1,600 or 13.3% due to higher volumes, offset by a decrease in Recycling and Byproducts revenue of $3,297 or 13.3% due to a decrease in refrigerant sales and lower scrap metal prices.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
New words: automatically, awaiting, Charter, delayed, firm, half, judge, Proposal, Proxy, registered, reopened, WSRP
Removed: direct, month, nil, parking, successive