FirsTime Design(OTC) FTDL

FirsTime Design Limited specializes in the conceptualization, international sourcing, and distribution of household furnishings and items for sleeping areas in the American market. Founded in 1980 and based in Pewaukee, Wisconsin, the company offers a diverse range of products, including timepieces, bed frames, tables, illumination devices, wardrobes, and portable beds.

Products and Services

• Wide range of household furnishings for sleeping areas
• Includes timepieces, bed frames, and illumination devices
• Available through conventional retailers and digital platforms

Growth Outlook

• Recent quarterly revenue of $2.88 million indicates market demand
• Trailing twelve months (TTM) gross profit margin of 29.59% shows potential profitability
• Current ratio of 1.49 suggests strong short-term financial health

Financial Highlights

• Net income for Q3 2022 was -$1.66 million, reflecting operational challenges
• Operating cash flow of $32,999 in Q3 2022 indicates cash management efforts
• Debt ratio of 38.65% suggests manageable leverage levels

FirsTime Design Limited operates in the consumer cyclical sector, focusing on furnishings, fixtures, and appliances. The company has a market capitalization of $478,000 and a beta of 0.305, indicating lower volatility compared to the overall market. Despite recent operational challenges reflected in negative net income, the company’s revenue trends and gross profit margins suggest potential for recovery and growth. The current ratio indicates that FirsTime Design Limited is well-positioned to meet its short-term obligations, which is a positive sign for potential investors. The diverse product offerings and established market presence provide a solid foundation for future expansion and profitability.