Capstone Companies, Inc.
Built from real-time financials, refreshed daily. For a full Analyst Grade with bull/bear case, price targets, and qualitative risk analysis, generate a CAPC research report →
Price Chart
About the company
Capstone Companies, Inc. (CAPC), operating globally through its subsidiaries, specializes in the development, marketing, and sale of consumer-grade LED lighting solutions for both interior and exterior home applications. Its diverse product portfolio features innovative connected surfaces like smart mirrors and traditional rectangular wardrobe/fitness mirrors.
- CEO
- Alexander Jacobs
- IPO
- 1998
- Employees
- 1
- HQ
- Deerfield Beach, FL, US
Get TickerSpark's AI analysis on CAPC
Create an account to generate AI analysis on any ticker — technical setup, analyst consensus, earnings watch, insider pulse, financial health, and peer context. Ready in about a minute.
Get Pro Access →Already have an account? Log in
Similar companies
Peers in the same neighborhood.
- Market Cap
- $1.46M
- P/E
- -0.02
- PEG
- 0.00
- P/S
- 0.00
- P/B
- -2.30
- EV/EBITDA
- -1402.12
- Div Yield
- 0.00%
- Gross Margin
- 0.00%
- Op Margin
- 0.00%
- Net Margin
- 0.00%
- ROE
- 23719.97%
- ROIC
- 0.38%
Latest fiscal year · YoY change
- Revenue
- $0-100.0%
- Gross Profit
- $-10,742-110.2%
- Op Income
- $-297,729
- Net Income
- $-920,168+4.3%
- EPS
- $-0.02+4.6%
- OCF Growth
- -97624.4%
- FCF Growth
- -97624.4%
- 52W High
- $0.23
- 52W Low
- $0.01
- 50D MA
- $0.09
- 200D MA
- $0.08
- Beta
- 2.70
- RSI (14)
- 31
- Avg Volume
- 29.60K
Earnings call summaries
Pick a quarter — each call distilled into takeaways, results, and a bull vs bear read.
Capstone’s 2021 was dominated by Smart Mirror launch delays and logistics setbacks, but management says inventory is now in place and the company is positioned to push its Connected Surfaces strategy in 2022.· April 1, 2022
- 2021 revenue fell sharply to about $686,000 from $2.8 million in 2020, mainly because the Smart Mirror launch was delayed by FCC approvals, factory shutdowns, and shipping issues.
- Gross profit dropped to about $47,000, or 6.9% of revenue, versus $504,000, or 18.2%, in 2020; higher ocean freight and logistics costs pressured margins.
- Operating expenses were cut to $2.4 million from $3.6 million, helped by lower selling and marketing, compensation, professional fees, general admin, and no goodwill impairment charge in 2021.
- The company ended 2021 with about $1.27 million in cash, $1.9 million to $2.0 million in working capital cited on the call, and expects about $285,000 in tax refund proceeds in 2022.
- Management said inventories are on hand, digital marketing is being refined, and the company is moving to Phase 2 of its Connected Surfaces strategy, including discussions with big-box customers.
For the year ended December 31, 2021, net revenue was approximately $686,000, down from $2.8 million in fiscal 2020. Gross profit was approximately $47,000, or 6.9% of net revenues, versus $504,000, or 18.2%, in 2020. Total operating expenses were $2.4 million, down from $3.6 million, and operating loss was approximately $2.4 million versus $3.1 million in 2020. Net loss was approximately $2.0 million compared with $2.4 million in 2020. The company said cash increased to about $1.27 million from $1.22 million at year-end 2020, and working capital was about $1.9 million to $2.0 million; it also cited about $1.03 million of long-term debt related to purchase order funding and an expected tax refund of approximately $285,000 in 2022. Management did not provide formal next-quarter or full-year financial guidance, but said 2022 should benefit from inventory availability, an online launch effort, and Phase 2 Connected Surfaces expansion.
Stewart Wallach framed 2021 as a year of repeated setbacks rather than execution failure, pointing to FCC approval delays, COVID-related factory shutdowns, air freight damage, and a mismanaged shipment that delayed the Smart Mirror program by roughly a year. His tone was defensive but determined, emphasizing that management kept moving, funded inventory internally, and completed the groundwork needed for the 2022 launch. He said the company is now focused on improving digital conversion, expanding online marketing, and taking Connected Surfaces into a second phase with big-box discussions and new product development.
The financial report showed a steep revenue decline to about $686,000, gross profit of about $47,000, and an operating loss of about $2.4 million, but operating expenses were reduced by about $1.2 million to $2.4 million through cost mitigation, lower headcount, deferred executive salary, and the absence of a goodwill impairment charge. Product development spending rose to $309,000, including $237,000 on Smart Mirror development and about $98,000 of FCC/ETL and other certification fees. Cash at year-end was about $1.27 million, up modestly from $1.22 million, helped by a $1.5 million private placement and $1,020,000 of purchase order funding from related parties; the company also said it has about $285,000 in income tax refunds pending.
There was no real analyst Q&A segment; the call was largely a prepared management update. The most notable concerns management addressed were the Smart Mirror launch delays, inventory damage/loss in transit, and the impact of logistics costs on margins. In response, management said the product is now approved, inventory is arriving, digital marketing is being adjusted through survey feedback and website-cart conversion analysis, and the company is talking with big-box customers for Phase 2.
The bull case from this call is that the long-delayed Smart Mirror and broader Connected Surfaces strategy may finally be positioned to monetize now that approvals are in hand and inventory is available. Management also pointed to an installed e-commerce setup, improving digital marketing, and early interest from big-box customers as signs the business can restart sales momentum in 2022.
The bear case is that 2021 showed how dependent the business is on a single delayed launch and how fragile execution can be when approvals, shipping, and logistics go wrong. Revenue collapsed, gross margin was weak at 6.9%, and the company still relied on insider financing and related-party debt to fund inventory, while management acknowledged online conversion is still slow and needs work.
AI summary of the company's earnings call · Paraphrased · Not investment advice
- Free Float
- 51.1%
- Shares Outstanding
- 48.83M
- Float Shares
- 24.93M
of shares held by institutions
1 13F filers
Buy/sell ratio 2.00. Sells can include pre-scheduled 10b5-1 plan sales, not just discretionary selling.
Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| Aug 22, 25 | Wallach Stewart | other | 6,000 |
| Aug 22, 25 | Guzy Jeffrey J | other | 2,000 |
| Aug 22, 25 | Perez Dana Eschenburg | other | 2,000 |
| Mar 1, 23 | Perez Dana Eschenburg | other | 0 |
| Jan 20, 25 | Rosen Brian M | other | 0 |
| Dec 31, 24 | Wallach Stewart | other | 0 |
| Jan 9, 25 | Rosen Brian M | other | 0 |
| Jan 9, 25 | Session Warner H | other | 0 |
| Dec 20, 24 | POSTAL JEFFREY | buy | 181,674 |
| Jan 13, 22 | Wolf George W | other | 0 |
A “Sell” may be a pre-scheduled 10b5-1 plan sale rather than a discretionary decision — read insider selling with that in mind.
Our CAPC coverage
Recent articles, reports, and earnings notes.
No research on CAPC yet
For a full analyst-grade research report — grades, price targets, financials, chart analysis — generate one on demand.
Generate CAPC report →Capstone Companies and eBliss Global Issue Joint Statement Regarding Proposed Business Combination Process
accessnewswire.com · May 26
Capstone Companies, Inc. announces Execution of Binding Letter of Intent with eBliss Global, Inc.
accessnewswire.com · May 18
Capstone Cos. (OTCMKTS:CAPC) Stock Price Crosses Above 50-Day Moving Average – Should You Sell?
defenseworld.net · Mar 20
Capstone Companies, Inc. obtains Working Capital Loan for $250,000 under Unsecured Promissory Note
businesswire.com · Mar 5
Financial Comparison: Halma (OTCMKTS:HLMAF) versus Capstone Cos. (OTCMKTS:CAPC)
defenseworld.net · Mar 2
Capstone Companies, Inc. Announces Worldwide License Agreement With T&B Media, Ltd. (United Kingdom) for Capstone's Connected Chef Kitchen Tablet
businesswire.com · Mar 25
Capstone Companies and Coppermine Ventures Sign MOU to Initiate Strategic Collaboration
businesswire.com · Mar 14
Capstone Companies' Strategic Realignment: Develop Sports-Entertainment Centers for Children, Adults and Families
businesswire.com · Dec 18
Headlines from third-party outlets — TickerSpark isn't affiliated with these sources.