Sarcos Technology and Robotics Corporation chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 0.07
Dividend & YieldN/A$ (N/A)
Beta N/A
Market capitalization 171.65M
Operating cash flow -65.64M
ESG Scores unknown

Company description

Sarcos Corp., a robotics and sensor company, designs, builds, and produces dexterous tele-operated robotic systems. Its products include Guardian S, an unmanned ground vehicle for security, inspection, and non-destructive testing available in a Robot-as-a-Service offering; Guardian GT, a big arm system or dual-armed human-controlled robot mounted on an agile tracked vehicle base for commercial, industrial, and first responder environments; and Guardian XO, a robot that features an exoskeleton suit; SenSuit controller garment for enhanced teleoperation of the Guardian XT (a highly dexterous mobile robotic system); and humanoid solutions. The company also provides advanced robotic systems for industry, entertainment; medical devices, including artificial limbs and vascular systems; and mechanical and electrical microsystems for practical applications. The company serves healthcare, life sciences, telecommunications, robotics, defense, and entertainment industries. Sarcos Corp. was founded in 1983 and is based in Salt Lake City, Utah with an additional office in Bellevue, Washington. Sarcos Corp. is a former subsidiary of Raytheon Company.

Sector: Technology - Industry: Computer Hardware

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 820k -463k 217k
Total Cashflows From Investing Activities -639k -950k -4.69M
Net Borrowings 2.31M 2.31M 1.91M
Total Cash From Financing Activities 16k 42.3M 230.24M
Change To Operating Activities 24k 803k -4.96M
Issuance Of Stock 16k 39.99M 220.03M
Net Income -18.04M -20.93M -81.51M
Change In Cash -16.66M 24.47M 183.45M
Effect Of Exchange Rate
Total Cash From Operating Activities -16.04M -16.88M -42.1M
Depreciation 297k 458k 531k
Change To Account Receivables -1.37M 514k 261k
Other Cashflows From Financing Activities 8.59M 8.59M 8.59M
Change To Netincome 2.66M 2.29M 43.65M
Capital Expenditures -639k -950k -4.69M

Income Statement 2019-12-31 2020-12-31 2021-12-31
Research Development 12.9M 14.12M 17.52M
Income Before Tax -18.04M -20.93M -81.51M
Net Income -18.04M -20.93M -81.51M
Selling General Administrative 9.85M 10.09M 64.68M
Gross Profit 4.4M 3.21M 1.21M
Ebit -18.35M -21M -80.99M
Operating Income -18.35M -21M -80.99M
Interest Expense -34k -34k -34k
Income Tax Expense 1k 1k 1k
Total Revenue 10.15M 8.81M 5.08M
Cost Of Revenue 5.75M 5.6M 3.87M
Total Other Income ExpenseNet 309k 74k -516k
Net Income From Continuing Ops -18.04M -20.93M -81.51M
Net Income Applicable To Common Shares -18.04M -20.93M -81.51M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 2.24M 5.15M 21.86M
Total Stockholder Equity 11.47M 32.91M 213.96M
Other Current Liabilities 376k 352k
Total Assets 13.72M 38.05M 235.82M
Common Stock 7k 10k 14k
Other Current Assets 177k 287k 4.15M
Retained Earnings -43.06M -63.98M -145.49M
Treasury Stock
Cash 9.2M 33.66M 217.11M
Total Current Liabilities 2.23M 3.56M 6.16M
Other Stockholder Equity
Property, Plant, and Equipment 911k 1.43M 7.05M
Total Current Assets 12.68M 36.33M 228.33M
Net Tangible Assets 11.47M 32.91M 213.96M
Net Receivables 1.98M 1.36M 1.1M
Accounts Payable 1.26M 972k 1.68M


Insider Transactions

Here are the insider transactions of stock shares related to Sarcos Technology and Robotics Corporation:

Filer Name Transaction Text Ownership Date Filer Relation Shares
HAMER ANDREW DStock Award(Grant) at price 0.00 per share.D2022-11-18Chief Financial Officer641.03k
WEIBLING DENNIS MStock Award(Grant) at price 0.00 per share.D2022-06-29Director57.69k
KLEIN PETER SStock Award(Grant) at price 0.00 per share.D2022-06-29Director57.69k
OLSON ERIC TStock Award(Grant) at price 0.00 per share.D2022-06-29Director57.69k
PETERSON LAURA J.Stock Award(Grant) at price 0.00 per share.D2022-06-29Director57.69k
FINN BRIAN DStock Award(Grant) at price 0.00 per share.D2022-06-29Director57.69k
BALASUBRAMANIAM PRIYAStock Award(Grant) at price 0.00 per share.D2022-06-29Director57.69k
MUTA MATTHEW SHIGENOBUStock Award(Grant) at price 0.00 per share.D2022-06-29Director57.69k
FINN BRIAN DPurchase at price 2.92 - 3.11 per share.D2022-06-15Director50k
WOLFF BENJAMIN GStock Award(Grant) at price 0.00 per share.D/I2022-05-20Officer and Director180.63k
ALLGOOD KIVA AStock Award(Grant) at price 0.00 per share.D2022-05-20Chief Executive Officer220.05k
HANSEN STEVEN Q.Stock Award(Grant) at price 0.00 per share.D2022-05-20Chief Financial Officer57.29k
MARTINDALE KRISTIStock Award(Grant) at price 0.00 per share.D2022-05-20Officer53.91k
GARAGIC DENISStock Award(Grant) at price 0.00 per share.D2022-05-20Officer53.91k
PEDERSEN JORGENStock Award(Grant) at price 0.00 per share.D2022-05-20Chief Operating Officer733.5k
FINN BRIAN DPurchase at price 3.74 - 3.82 per share.D2022-05-16Director and Beneficial Owner of more than 10% of a Class of Security50k
HANSEN STEVEN Q.Stock Award(Grant) at price 0.00 per share.D2022-04-01Chief Financial Officer8.96k
MARTINDALE KRISTIStock Award(Grant) at price 0.00 per share.D2022-04-01Officer8.96k
WOLFF BENJAMIN GStock Gift at price 0.00 per share.D2022-03-11Officer, Director and Beneficial Owner4.8M
FINN BRIAN DStock Gift at price 0.00 per share.I2021-12-31Director and Beneficial Owner of more than 10% of a Class of Security12.5k
ALLGOOD KIVA AStock Award(Grant) at price 0.00 per share.D2021-12-13Chief Executive Officer410.4k
WEIBLING DENNIS MStock Award(Grant) at price 0.00 per share.D2021-12-09Director12.31k
KLEIN PETER SStock Award(Grant) at price 0.00 per share.D2021-12-09Director12.31k
OLSON ERIC TStock Award(Grant) at price 0.00 per share.D2021-12-09Director12.31k
PETERSON LAURA J.Stock Award(Grant) at price 0.00 per share.D2021-12-09Director12.31k
FINN BRIAN DStock Award(Grant) at price 0.00 per share.D2021-12-09Director and Beneficial Owner of more than 10% of a Class of Security12.31k
FINN BRIAN DStock Award(Grant) at price 0.00 per share.D2021-12-09Director and Beneficial Owner of more than 10% of a Class of Security12.31k
BALASUBRAMANIAM PRIYAStock Award(Grant) at price 0.00 per share.D2021-12-09Director12.31k
MUTA MATTHEW SHIGENOBUStock Award(Grant) at price 0.00 per share.D2021-12-09Director12.31k
WEIBLING DENNIS MStock Award(Grant) at price 10.00 per share.I2021-09-24Director50k
WOLFF BENJAMIN GStock Award(Grant) at price 10.00 per share.I2021-09-24Chief Executive Officer50k
FINN BRIAN DStock Award(Grant) at price 10.00 per share.I2021-09-24Director and Beneficial Owner of more than 10% of a Class of Security142.5k
FINN BRIAN DPurchase at price 10.00 per share.I2021-09-24Director and Beneficial Owner of more than 10% of a Class of Security142.5k
FINN BRIAN DI2021-09-24Director and Beneficial Owner of more than 10% of a Class of Security5.67M

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Sarcos Technology and Robotics Corporation. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Sarcos Technology and Robotics Corporation

Here is the result of two systematic investment strategies applied to Sarcos Technology and Robotics Corporation. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Sarcos Technology and Robotics Corporation

The following chart shows the equity curve of the two systematic investment strategies applied to Sarcos Technology and Robotics Corporation:

Sarcos Technology and Robotics Corporation automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 0% on the backtest period.

Performance at glance

Performance

0 %

Latent gain

0 $

Invested capital

0 $

Annualized return

0 %
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Momentum strategy results on Sarcos Technology and Robotics Corporation

This is the result of two momentum investment strategies applied to Sarcos Technology and Robotics Corporation. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Sarcos Technology and Robotics Corporation

The following chart shows all the entries opened by the momentum investment system on Sarcos Technology and Robotics Corporation:

Sarcos Technology and Robotics Corporation momentum entries
  • The first momentum investment strategy would give 0% of return on Sarcos Technology and Robotics Corporation. That represents 0$ of latent gain with 0$ of employed capital.
  • The second momentum investment strategy would give 0% of return on Sarcos Technology and Robotics Corporation. That represents 0$ of latent gain with 0$ of employed capital.
Performance at glance (1Q Momentum)

Performance

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Latent gain

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Invested capital

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Annualized return

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Performance at glance (2Q Momentum)

Performance

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Latent gain

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Invested capital

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0 %

Momentum equity curve on Sarcos Technology and Robotics Corporation

The following chart shows the equity curve of the two momentum strategies applied to Sarcos Technology and Robotics Corporation:

Sarcos Technology and Robotics Corporation momentum equity

Note: the dividends potentially given by Sarcos Technology and Robotics Corporation are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Sarcos Technology and Robotics Corporation

The following chart shows the employed capital evolution of the two momentum strategies on Sarcos Technology and Robotics Corporation since the beginning:

Sarcos Technology and Robotics Corporation

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Sarcos Technology and Robotics Corporation

Buy the dip entry openings on Sarcos Technology and Robotics Corporation

Sarcos Technology and Robotics Corporation

The performance achieved by the robo-advisor on Sarcos Technology and Robotics Corporation is 0%. That represents 0$ of latent gain with 0$ of employed capital. The following chart shows Sarcos Technology and Robotics Corporation stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Sarcos Technology and Robotics Corporation, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0 $

Invested capital

0 $

Annualized return

0 %

Equity curve of the strategy applied to Sarcos Technology and Robotics Corporation

The following chart shows the result of the investment strategy applied to Sarcos Technology and Robotics Corporation:

Sarcos Technology and Robotics Corporation

Note: the dividends potentially given by Sarcos Technology and Robotics Corporation are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Sarcos Technology and Robotics Corporation

The following chart shows the employed capital evolution since the beginning of the investment strategy on Sarcos Technology and Robotics Corporation:

Sarcos Technology and Robotics Corporation

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Sarcos Technology and Robotics Corporation

In this section, I will compare the three previous investment strategies applied to Sarcos Technology and Robotics Corporation.

Equity curve comparison on Sarcos Technology and Robotics Corporation

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Sarcos Technology and Robotics Corporation investment strategy comparison

Employed capital comparison on Sarcos Technology and Robotics Corporation

Sarcos Technology and Robotics Corporation investment comparison

Performance comparison on Sarcos Technology and Robotics Corporation

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 0% 0$ 0$ 0%
Momentum 1 quarter 0% 0$ 0$ 0%
Momentum 2 quarters 0% 0$ 0$ 0%
Non-directional 0% 0$ 0$ 0%
Annualized return comparison

Automatic investment

0 %

Momentum 1Q

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Momentum 2Q

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Non-directional

0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Sarcos Technology and Robotics Corporation:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Sarcos Technology and Robotics Corporation and the other stocks. There may be false positives or some missing correlated stocks. If the price of Sarcos Technology and Robotics Corporation does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Sarcos Technology and Robotics Corporation
Country United States
City Salt Lake City
Address 650 South 500 West
Phone 888 927 7296
Website www.sarcos.com
FullTime employees 160
Industry Computer Hardware
Sector Technology
Exchange XNAS
Ticker STRC
Market www.nasdaq.com

Sarcos Technology and Robotics Corporation ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown