Brownie's Marine Group, Inc.: Investment Report

Overview

Brownie's Marine Group, Inc. (BWMG) is a leisure industry company that designs, tests, manufactures, and distributes recreational hookah diving, yacht-based self-contained underwater breathing apparatus (scuba) air compressors and nitrox generation systems, and scuba and water safety products. With a rich history dating back to 1981, the company has established itself as a player in the leisure industry. This report provides an in-depth analysis of BWMG's current market performance, financial health, growth prospects, and recent news updates.

Core Metrics

• Current price: $0.0001 USD
• 52-week high: $0.017
• 52-week low: $0.0001
• Market Cap: $43,980 in thousands
• P/E Ratio: N/A
• Earnings per Share: N/A
• 50-day average: $0.0088326
• 200-day average: $0.010525
• Analyst Recommendations: None (0 analysts)

Financial Performance

BWMG's financial performance has been inconsistent in recent times. The company reported a total cash balance of $653,036 and free cash flow of $347,078. However, operating cash flow came in at a negative $202,531, and EBITDA margins stood at -0.09405. Revenue growth has been moderate, with a growth rate of 0.153. Gross margins, on the other hand, have been stable at 0.32879.

Growth Prospects

The leisure industry is expected to grow in the coming years, driven by increasing demand for recreational activities. BWMG's diversified product offerings and strong brand presence position it well to capitalize on this growth trend. However, the company needs to address its operational inefficiencies and improve its financial performance to reap the benefits of the industry's growth.

News and Updates

Recent news updates about BWMG include an article on Seeking Alpha discussing the company's recreational hookah diving and yacht-based self-contained underwater breathing apparatus. Another article on Buffalo Rising highlighted the launch of a roller rink at Canalside, presented by Buffalo Waterfront Management Group (BWMG). An older article from East Anglian Daily Times 24 reported on the Bury Water Meadows Group (BWMG) applying for a grant to extend the town's riverside walk.

Upgrades and Downgrades

There have been no recent upgrades or downgrades from any firms, as there are no analyst recommendations available for BWMG.

Summary

Brownie's Marine Group, Inc. is a leisure industry company with a diversified product portfolio and strong brand presence. While the company's financial performance has been inconsistent, the growth prospects in the leisure industry are promising. BWMG needs to address its operational inefficiencies and improve its financial performance to reap the benefits of the industry's growth. As there are no analyst recommendations available, investors should exercise caution and closely monitor the company's progress before making an investment decision.

Disclosures

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