AppTech (APCX) AI Stock Analysis

• Market Cap: $11.73M
• Dividend Yield: N/A
• Average Volume (3M): 106.35K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.47
• Revenue Growth: 115.62%
• EPS Growth: 55.76%
• Country: US
• Employees: 9
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Infrastructure
• EPS (TTM): -0.05
• Shares Outstanding: 34,488,934
• 10 Day Avg. Volume: 127,012
• 30 Day Avg. Volume: 106,347
• PEG Ratio: 0.02
• Price to Book (P/B): 2.41
• Price to Sales (P/S): 47.69
• P/FCF Ratio: -1.77
• Enterprise Value/Market Cap: 0.59
• Enterprise Value/Revenue: 8.81
• Enterprise Value/Gross Profit: 15.44
• Enterprise Value/Ebitda: -1.27
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 46 Neutral
• Price Target: $0.30 ▼(-12.06% Downside)

The score is primarily held down by very weak financial performance—massive net losses and sustained free-cash-flow burn—despite strong revenue growth and solid gross margins. Technicals also lean bearish (below key moving averages with negative MACD), partially tempered by near-oversold readings. Valuation signals are limited due to negative earnings, while the Infinitus Pay acquisition is a modest positive catalyst.

Positive Factors

Strategic Acquisition

The acquisition of Infinitus Pay is a strategic move to bolster AppTech's service offerings and support scalable revenue growth, enhancing its competitive position in digital commerce.

Balance Sheet Health

A strong equity base and low leverage provide financial stability and flexibility, supporting long-term strategic initiatives and resilience against market fluctuations.

Revenue Model Diversification

Diversified revenue streams from transaction fees, subscriptions, and partnerships reduce dependency on a single income source, enhancing financial stability and growth potential.

Negative Factors

Declining Revenue

A significant decline in revenue indicates challenges in market penetration and product adoption, potentially impacting future growth and profitability.

Negative Cash Flow

Persistent negative cash flow highlights operational inefficiencies and limits the company's ability to invest in growth opportunities without external financing.

Ongoing Net Losses

Ongoing net losses and negative profit margins indicate operational challenges and raise concerns about the company's ability to achieve sustainable profitability.

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 through multiple streams, primarily by charging transaction fees on its payment processing services, which are utilized by businesses to facilitate sales and customer payments. Additionally, the company earns subscription fees from businesses that use its digital wallet and financial management solutions. AppTech has also entered into strategic partnerships with financial institutions and technology providers, which not only enhance its service offerings but also create additional revenue opportunities through co-branded products and revenue-sharing agreements. The growing adoption of digital payment solutions and the expansion of e-commerce services further contribute to AppTech's earnings.

AppTech Financial Statement Overview

Summary

AppTech's financial performance is challenged by negative revenue growth and persistent net losses. Despite improvements in equity and low leverage, the company struggles with profitability and cash generation, as evidenced by negative operating and free cash flows.

Income Statement

AppTech's income statement reveals significant challenges with profitability and revenue growth. The company has posted consistent net losses, with the net profit margin being negative. Revenue has decreased from $504,000 in 2023 to $276,000 in 2024, indicating a concerning revenue growth trend. The EBIT and EBITDA margins are also negative, underscoring operational inefficiencies.

Balance Sheet

The balance sheet shows improvement in equity with a positive stockholders' equity of $5.47 million in 2024, up from $4.19 million in 2023. The debt-to-equity ratio is low, indicating low financial leverage, but the overall asset base remains modest. The equity ratio is healthy at 60.8%, indicating a strong equity foundation relative to assets.

Cash Flow

AppTech's cash flow statement highlights a negative operating cash flow and free cash flow in 2024, reflecting challenges in generating cash from operations. While financing activities have provided some liquidity, the free cash flow growth rate remains negative. Operating cash flow to net income ratio is negative, indicating operational cash generation issues relative to net losses.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	787.00K	276.00K	504.00K	450.00K	354.00K	329.50K
Gross Profit	449.00K	224.00K	317.00K	230.00K	204.00K	189.13K
EBITDA	-5.45M	-6.86M	-17.48M	-15.46M	-76.14M	-3.84M
Net Income	-7.18M	-8.93M	-18.51M	-16.28M	-79.25M	-4.19M
Balance Sheet
Total Assets	6.25M	8.99M	8.35M	12.52M	7.56M	379.69K
Cash, Cash Equivalents and Short-Term Investments	439.00K	868.00K	1.28M	3.46M	8.03K	57.50K
Total Debt	1.21M	147.00K	158.00K	2.02M	2.09M	3.20M
Total Liabilities	60.00K	3.52M	4.16M	5.09M	7.51M	8.57M
Stockholders Equity	1.42M	5.47M	4.19M	7.42M	44.00K	-8.19M
Cash Flow
Free Cash Flow	-6.84M	-8.54M	-8.86M	-9.99M	-3.00M	-591.39K
Operating Cash Flow	-6.32M	-7.46M	-8.86M	-8.20M	-1.82M	-591.39K
Investing Cash Flow	-592.00K	-1.16M	-500.00K	-1.79M	-1.18M	5.91K
Financing Cash Flow	7.25M	8.20M	7.18M	13.44M	2.96M	618.81K

AppTech Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.34
• 50DMA: Negative
• 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 APCX, the sentiment is Negative. The current price of 0.34 is below the 20-day moving average (MA) of 0.36, below the 50-day MA of 0.37, and above the 200-day MA of 0.28, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 38.72 is Neutral, neither overbought nor oversold. The STOCH value of 33.10 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 *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
BLIN	49 Neutral	$9.78M	-3.28	-25.73%	―	0.16%	-36.86%
APCX	46 Neutral	$11.73M	-1.43	-510.20%	―	115.62%	55.76%
CETX	43 Neutral	$22.90M	-0.01	-415.08%	―	16.50%	―
RVYL	41 Neutral	$5.63M	-0.10	-993.23%	―	-44.25%	82.71%
TAOP	40 Underperform	$1.34M	-0.12	-46.76%	―	-15.10%	-177.14%
HUBC	39 Underperform	$10.48M	-0.10	―	―	-30.70%	82.02%

AppTech Corporate Events

AppTech Amends Promissory Note with Extended Terms

On December 4, 2025, AppTech Payments Corp. amended its Senior Unsecured Convertible Promissory Note with Eleven 11 Management LLC, extending the maturity date to January 16, 2026. The amendment outlines a payment schedule for the outstanding principal and interest, with specific amounts due on December 5, 2025, December 20, 2025, and the maturity date. The holder cannot convert any part of the note unless the company defaults on payments.

The most recent analyst rating on (APCX) stock is a Hold with a $0.43 price target. To see the full list of analyst forecasts on AppTech stock, see the APCX Stock Forecast page.

AppTech Acquires Infinitus Pay to Boost Growth

On October 31, 2025, AppTech Payments Corp. acquired Infinitus Pay Inc., making it a wholly-owned subsidiary. This acquisition, announced on November 5, 2025, is intended to enhance AppTech’s Banking-as-a-Service platform and support scalable revenue growth. The integration of Infinitus Pay’s technology and team is expected to bolster AppTech’s ability to deliver intelligent financial solutions and expand its presence in digital commerce. This strategic move is seen as a pivotal step in shaping the future of payments, aligning with AppTech’s focus on innovation, operational efficiency, and revenue generation.

The most recent analyst rating on (APCX) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on AppTech stock, see the APCX Stock Forecast page.