AppTech (APCX) AI Stock Analysis

• Market Cap: $13.98M
• Dividend Yield: N/A
• Average Volume (3M): 97.18K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.17
• Revenue Growth: -45.24%
• EPS Growth: 64.61%
• Country: US
• Employees: 9
• Sector: Technology
• Sector Strength: 46
• Industry: Software - Infrastructure
• EPS (TTM): -0.36
• Shares Outstanding: 33,283,330
• 10 Day Avg. Volume: 111,638
• 30 Day Avg. Volume: 97,182
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 30.30
• Price to Cash Flow (P/CF): -2.60
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

AppTech's overall stock score is primarily impacted by weak financial performance and negative technical indicators. The company struggles with profitability and cash flow, despite having low financial leverage. Bearish market momentum and unattractive valuation further weigh down the stock score.

AppTech Business Overview & Revenue Model

Company Description

AppTech Payments Corp., a financial technology company, provides electronic payment processing technologies and merchant services in the United States. Its merchant services offer financial processing for businesses to accept cashless and/or contactless payments, such as credit cards, automatic clearing house, wireless payments, and others. In addition, the company offers integrated solutions for frictionless digital and mobile payment acceptance, including acceptance of alternative payment methods, as well as multi-use case, multi-channel, API-driven, and account-based issuer processing for card, digital tokens, and payment transfer transaction services. The company was formerly known as AppTech Corp. AppTech Payments Corp. was incorporated in 1998 and is headquartered in Carlsbad, California.

How the Company Makes Money

AppTech generates revenue primarily through transaction fees and service charges associated with its payment processing solutions. The company earns money by providing merchant services, where it facilitates transactions between businesses and their customers, charging a fee for each transaction processed. Additionally, AppTech may offer subscription-based services or licensing fees for the use of its proprietary technology platforms. Strategic partnerships with financial institutions and technology providers also contribute to its revenue by expanding its market reach and enhancing its service offerings.

AppTech Financial Statement Overview

Summary

AppTech's financial performance is poor, with declining revenue, negative profit margins, high debt levels, and unsustainable cash flow practices. The company exhibits significant financial instability and needs restructuring to improve its financial health.

Income Statement

AppTech has experienced a consistent decline in gross profit and net margins, with significant negative EBIT and EBITDA margins. Revenue growth has been inconsistent with a concerning decline in the TTM period. The company has struggled to generate profits, which reflects poorly on its ability to scale and manage costs effectively in the software industry.

Balance Sheet

The balance sheet shows a high debt-to-equity ratio due to low stockholders' equity, indicating financial leverage risk. The equity ratio is low as well, signifying a heavy reliance on debt. The company's ROE is negative, further highlighting inefficiencies in utilizing shareholder funds to generate profit. The balance sheet reflects financial instability and risk.

Cash Flow

Operating and free cash flows have been negative and declining, indicating potential liquidity issues. While financing cash flow has been positive, it primarily covers cash burn rather than growth investments. Ratios of cash flow to net income further reflect operational challenges and unsustainable cash flow practices.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
365.00K	504.00K	450.00K	353.82K	329.50K	256.14K
	Gross Profit
-144.00K	317.00K	230.00K	204.38K	189.13K	154.50K
	EBIT
-11.14M	-19.18M	-15.33M	-77.32M	-3.61M	-948.43K
	EBITDA
-10.19M	-17.48M	-15.46M	-76.14M	-3.84M	-1.05M
	Net Income Common Stockholders
-11.37M	-18.51M	-17.02M	-13.40M	-4.53M	-1.53M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.55M	1.28M	3.46M	8.03K	57.50K	24.16K
	Total Assets
8.25M	8.35M	12.52M	7.56M	379.69K	84.94K
	Total Debt
151.00K	158.00K	2.02M	2.09M	3.20M	2.90M
	Net Debt
-1.40M	-1.12M	-1.45M	2.09M	3.15M	2.87M
	Total Liabilities
4.17M	4.16M	5.09M	7.51M	8.57M	7.53M
	Stockholders Equity
4.08M	4.19M	7.42M	44.00K	-8.19M	-7.45M
Cash Flow		Free Cash Flow
-7.23M	-8.86M	-9.99M	-3.00M	-591.39K	-760.54K
	Operating Cash Flow
-7.28M	-8.86M	-8.20M	-1.82M	-591.39K	-760.54K
	Investing Cash Flow
-1.02M	-500.00K	-1.79M	-1.18M	5.91K	-25.00K
	Financing Cash Flow
8.15M	7.18M	13.44M	2.96M	618.81K	808.32K

AppTech Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.36
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For APCX, the sentiment is Negative. The current price of 0.36 is below the 20-day moving average (MA) of 0.38, below the 50-day MA of 0.40, and below the 200-day MA of 0.61, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 46.17 is Neutral, neither overbought nor oversold. The STOCH value of 66.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for APCX.

AppTech Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	59 Neutral	$9.97B	10.09	-6.54%	3.08%	7.41%	-11.60%
SOS	50 Neutral	$5.90M	―	-0.89%	―	-35.46%	60.83%
RVYL	49 Neutral	$7.87M	―	-243.87%	―	-14.99%	59.75%
APCX	47 Neutral	$13.98M	―	-184.93%	―	-45.24%	64.61%
BNAI	34 Underperform	$14.30M	―	-422.39%	―	―	-20.33%
DTSS	33 Underperform	$14.46M	―	-432.30%	―	99.64%	-958.75%

AppTech Corporate Events

Nasdaq Grants AppTech Extension for Listing Compliance

AppTech Payments Corp. received notices from Nasdaq in May and August 2024 for non-compliance with listing rules, specifically failing to meet the minimum bid price and stockholders’ equity requirements. On February 12, 2025, after a hearing held on January 14, 2025, the Nasdaq Hearings Panel granted AppTech’s request to continue its listing, contingent upon meeting certain conditions by specified deadlines. These conditions include demonstrating compliance with stockholders’ equity and bid price requirements, filing public disclosures of any equity-increasing transactions, and updating the Panel on fundraising efforts and income projections.