American Battery Technology (ABAT) AI Stock Analysis

• Market Cap: $127.68M
• Dividend Yield: N/A
• Average Volume (3M): 1.91M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.46
• Revenue Growth: N/A
• EPS Growth: -42.39%
• Country: US
• Employees: 96
• Sector: Basic Materials
• Sector Strength: 65
• Industry: Industrial Materials
• EPS (TTM): -0.14
• Shares Outstanding: 92,523,900
• 10 Day Avg. Volume: 997,960
• 30 Day Avg. Volume: 1,905,454
• PEG Ratio: -1.88
• Price to Book (P/B): 1.56
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.31
• Enterprise Value/Market Cap: 1.01
• Enterprise Value/Revenue: 73.04
• Enterprise Value/Gross Profit: -25.63
• Enterprise Value/Ebitda: -0.70
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 50 Neutral
• 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 Business Overview & Revenue Model

Company Description

American 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 Money

ABAT 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

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

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

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
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
877.90K	343.50K	0.00	0.00	0.00	0.00
	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 Sheet		Cash, Cash Equivalents and Short-Term Investments
7.73M	7.00M	2.33M	29.01M	12.84M	829.92K
	Total Assets
88.87M	77.68M	74.66M	52.86M	21.26M	1.16M
	Total Debt
16.39M	6.50M	6.18M	175.79K	0.00	442.38K
	Net Debt
8.75M	-500.12K	3.86M	-28.81M	-12.84M	-387.55K
	Total Liabilities
22.30M	16.21M	13.44M	3.23M	1.82M	6.10M
	Stockholders Equity
66.57M	61.47M	61.21M	49.63M	19.44M	-4.94M
Cash Flow		Free 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
38.72M	34.39M	23.42M	41.41M	26.85M	3.84M

American Battery Technology Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.38
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: 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 Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	51 Neutral	$2.04B	-1.15	-21.37%	3.64%	2.88%	-30.57%
ABAT	50 Neutral	$127.68M	―	-88.49%	―	―	-42.39%
PLL	50 Neutral	$134.75M	―	-19.11%	―	―	―
IONR	40 Underperform	$176.42M	―	-4.74%	―	―	-173.39%
WWR	36 Underperform	$46.91M	―	-9.10%	―	―	-40.85%
NB		$144.29M	―	-307.60%	―	―	―
LITM		$28.40M	―		―	―	―

American Battery Technology Corporate Events

American Battery Technology Announces CFO Transition

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.