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American Battery Technology (ABAT)
NASDAQ:ABAT
US Market

American Battery Technology (ABAT) AI Stock Analysis

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American Battery Technology

(NASDAQ:ABAT)

Rating:50Neutral
Price Target:
American Battery Technology's overall stock score is primarily affected by its poor financial performance, characterized by significant losses and cash flow issues. While technical analysis shows some positive momentum, the negative valuation metrics further weigh down the overall score.

American Battery Technology (ABAT) vs. SPDR S&P 500 ETF (SPY)

American Battery Technology Business Overview & Revenue Model

Company DescriptionAmerican Battery Technology Company operates as a battery materials company. The company explores for resources of battery metals, such as such as lithium, nickel, cobalt, and manganese; and develops and commercializes technologies for the extraction of battery metals, as well as commercializes integrated process for the recycling of lithium-ion batteries. The company was formerly known as American Battery Metals Corporation. American Battery Technology Company was incorporated in 2011 and is headquartered in Reno, Nevada.
How the Company Makes MoneyABAT generates revenue through several key streams. Primarily, the company earns money by recycling used batteries and extracting valuable materials like lithium, cobalt, nickel, and other critical elements, which are then resold to battery manufacturers and other industries. Additionally, ABAT engages in the extraction and processing of raw materials through its mining operations, contributing to its earnings by supplying these essential components directly to the market. Strategic partnerships with technology and automotive companies also play a significant role in expanding its revenue base, as these collaborations can lead to joint ventures and long-term supply agreements.

American Battery Technology Financial Statement Overview

Summary
American Battery Technology's financial performance is weak, marked by significant losses and negative cash flows as indicated by the income statement and cash flow scores. The balance sheet shows some stability with low leverage, but this is overshadowed by the poor profitability and liquidity issues.
Income Statement
20
Very Negative
American Battery Technology's income statement reveals significant challenges. The company has not generated positive gross or net income, with a negative net profit margin and declining EBIT and EBITDA figures. Although there has been some revenue growth, it remains minimal and does not offset the substantial losses. These factors indicate a weak financial performance in terms of profitability and growth.
Balance Sheet
45
Neutral
The balance sheet shows a mixed picture. While the company has a relatively low debt-to-equity ratio, indicating lower leverage, the equity ratio is strong, suggesting stability in assets funded by equity. However, the substantial accumulated losses and a history of negative net income impact the overall equity position. This highlights a need for improved profitability and asset management.
Cash Flow
25
Negative
Cash flow statements highlight significant cash outflows, with negative operating and free cash flow figures presenting liquidity concerns. The free cash flow growth rate is negative, and the ratios of operating and free cash flow to net income are unfavorable, indicating inefficiencies in converting income to cash. This suggests ongoing cash management issues and a potential need for external financing.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
877.90K343.50K0.000.000.000.00
Gross Profit
-5.04M-2.96M-197.73K-77.85K-14.67K
EBIT
-44.29M-37.52M-21.50M-33.48M-37.72M-5.85M
EBITDA
-55.15M-46.37M-21.30M-33.43M-38.08M-5.85M
Net Income Common Stockholders
-58.53M-52.50M-21.34M-33.54M-41.76M-17.76M
Balance SheetCash, Cash Equivalents and Short-Term Investments
7.73M7.00M2.33M29.01M12.84M829.92K
Total Assets
88.87M77.68M74.66M52.86M21.26M1.16M
Total Debt
16.39M6.50M6.18M175.79K0.00442.38K
Net Debt
8.75M-500.12K3.86M-28.81M-12.84M-387.55K
Total Liabilities
22.30M16.21M13.44M3.23M1.82M6.10M
Stockholders Equity
66.57M61.47M61.21M49.63M19.44M-4.94M
Cash FlowFree Cash Flow
-25.27M-29.43M-28.20M-25.26M-14.84M
Operating Cash Flow
-22.13M-16.74M-13.37M-10.18M-7.76M-3.02M
Investing Cash Flow
-3.61M-12.97M-36.72M-15.08M-7.08M
Financing Cash Flow
38.72M34.39M23.42M41.41M26.85M3.84M

American Battery Technology Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price1.38
Price Trends
50DMA
1.28
Positive
100DMA
1.25
Positive
200DMA
1.22
Positive
Market Momentum
MACD
0.03
Positive
RSI
49.87
Neutral
STOCH
53.85
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ABAT, the sentiment is Neutral. The current price of 1.38 is below the 20-day moving average (MA) of 1.42, above the 50-day MA of 1.28, and above the 200-day MA of 1.22, indicating a neutral trend. The MACD of 0.03 indicates Positive momentum. The RSI at 49.87 is Neutral, neither overbought nor oversold. The STOCH value of 53.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for ABAT.

American Battery Technology Risk Analysis

American Battery Technology disclosed 40 risk factors in its most recent earnings report. American Battery Technology reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

American Battery Technology Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
51
Neutral
$2.04B-1.15-21.37%3.64%2.88%-30.57%
50
Neutral
$127.68M-88.49%-42.39%
PLPLL
50
Neutral
$134.75M-19.11%
40
Underperform
$176.42M-4.74%-173.39%
WWWWR
36
Underperform
$46.91M-9.10%-40.85%
NBNB
$144.29M-307.60%
$28.40M
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
ABAT
American Battery Technology
1.38
0.16
13.11%
WWR
Westwater Resources
0.61
0.10
19.61%
NB
NioCorp Developments
2.57
0.40
18.43%
PLL
Piedmont Lithium
6.14
-5.72
-48.23%
LITM
Snow Lake Resources
3.56
-6.45
-64.44%
IONR
ioneer Limited Sponsored ADR
3.25
-1.29
-28.41%

American Battery Technology Corporate Events

Executive/Board Changes
American Battery Technology Announces CFO Transition
Neutral
Jan 10, 2025

American Battery Technology Company announced the retirement of Jesse Deutsch as Chief Financial Officer, effective January 31, 2025, with no disagreements affecting his departure. Paul McGarry, who has extensive experience in finance and accounting from previous roles at Rockwell Medical and other companies, has been appointed as the Interim CFO as the company initiates a search for a permanent replacement.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.