HOUR Stock Analysis
HO
Uncovered
Hour Loop Inc is uncovered by Eyestock quantitative analysis.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Low score
Hour Loop, Inc. is a technology-enabled consumer products company that uses machine learning and data analytics to design, develop, market and sell products. The company is headquartered in Redmond, Washington and currently employs 3 full-time employees. The company went IPO on 2022-01-07. The firm operates through online retail channels, such as Amazon, Walmart and Hourloop.com. The company is engaged in buying products in bulk directly from the brand or manufacturer at a wholesale price and making a profit by selling the product on Amazon. The company is also engaged in selling various product categories, including home/garden decor, toys, kitchenware, apparels, and electronics. The firm's advanced software assists it in identifying product gaps so that it can keep products in stock. The company sells its merchandise on Amazon, Walmart and through its Website, Hourloop.com. The firm also pays fees for allowing it to sell its merchandise on their platform. The company has also developed software that is tailored to all its operational needs. This includes managing the order review process, shipment management, inventory management, accounting, and complete end-to-end third-party integrations.