AquaBounty Technologies (AQB) AI Stock Analysis

• Market Cap: $2.71M
• Dividend Yield: N/A
• Average Volume (3M): 1.96M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.61
• Revenue Growth: -46.91%
• EPS Growth: -174.16%
• Country: US
• Employees: 104
• Sector: Technology
• Sector Strength: 44
• Industry: Agricultural Farm Products
• EPS (TTM): -19.05
• Shares Outstanding: 3,869,361
• 10 Day Avg. Volume: 5,818,067
• 30 Day Avg. Volume: 1,959,103
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 1.75
• Price to Cash Flow (P/CF): -0.10
• 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: $1.00
• Price Target Upside: 42.86% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

AquaBounty Technologies receives a low overall score due to significant financial challenges, including volatile revenues and negative cash flows, which pose substantial risks. While some technical indicators suggest potential upward momentum, the company's negative valuation metrics highlight its speculative nature. Investors should be cautious and closely monitor future developments in operational efficiency and cash generation.

AquaBounty Technologies Business Overview & Revenue Model

Company Description

AquaBounty Technologies, Inc., a biotechnology company, focuses on enhancing productivity in the commercial aquaculture industry in the United States and Canada. The company engages in genetic, genomic, and fish health and nutrition research activities. It offers AquAdvantage Salmon, a bioengineered Atlantic salmon for human consumption; and sells conventional Atlantic salmon, salmon eggs, fry, and byproducts. The company was formerly known as Aqua Bounty Farms, Inc. and changed its name to AquaBounty Technologies, Inc. in June 2004. AquaBounty Technologies, Inc. was incorporated in 1991 and is headquartered in Maynard, Massachusetts.

How the Company Makes Money

AquaBounty Technologies generates revenue primarily through the sale of its AquAdvantage salmon, which is engineered to reach market size more quickly than conventional salmon. The company operates fish farming facilities where these salmon are raised and harvested for sale. Key revenue streams include direct sales to distributors and retailers in the seafood industry, as well as potential licensing agreements. Partnerships with retailers and seafood distributors play a significant role in expanding the reach of their products to end consumers. Additionally, the company's focus on sustainable and efficient aquaculture practices may attract environmentally conscious buyers and partners, further contributing to its revenue.

AquaBounty Technologies Financial Statement Overview

Summary

AquaBounty Technologies faces significant financial challenges, with declining revenues, negative profitability, and cash flow issues. The balance sheet shows some resilience in equity financing, but operational and cash flow struggles suggest a need for strategic realignment to improve financial health.

Income Statement

AquaBounty Technologies has struggled with profitability, as evidenced by negative gross and net profit margins. Revenue has decreased significantly from previous years, indicating challenges in growth and market penetration. The EBIT and EBITDA margins are also negative, reinforcing the company's ongoing operational difficulties.

Balance Sheet

The company maintains a relatively high debt-to-equity ratio, highlighting potential leverage risks. Return on equity is negative, reflecting the negative net income. However, the equity ratio remains strong, suggesting that the company is still primarily financed by equity, which provides a buffer against potential liabilities.

Cash Flow

AquaBounty Technologies has experienced negative free cash flow and operating cash flow, reflecting significant cash outflows that could pressure liquidity. The operating cash flow to net income and free cash flow to net income ratios are unfavorable, indicating inefficiencies in cash generation relative to earnings.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
1.26M	2.47M	3.14M	1.17M	127.66K	186.74K
	Gross Profit
-10.39M	-12.81M	-10.49M	-9.61M	-6.55M	-3.39M
	EBIT
-22.41M	-27.32M	-22.32M	-22.12M	-16.25M	-13.18M
	EBITDA
-69.75M	-25.16M	-19.84M	-20.22M	-14.75M	-11.88M
	Net Income Common Stockholders
-3.47B	-27.56M	-21.99M	-22.75M	-16.55M	-13.30M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.00M	8.21M	101.64M	190.23M	95.75M	2.80M
	Total Assets
27.67M	187.55M	213.84M	228.44M	125.78M	30.23M
	Total Debt
3.59M	8.79M	8.88M	9.37M	9.08M	4.95M
	Net Debt
601.24K	584.40K	-92.76M	-79.08M	-86.67M	2.15M
	Total Liabilities
4.44M	22.53M	21.92M	14.63M	10.90M	6.47M
	Stockholders Equity
23.23M	165.02M	191.92M	213.80M	114.88M	23.76M
Cash Flow		Free Cash Flow
-23.82M	-93.13M	-88.48M	-26.19M	-18.61M	-13.73M
	Operating Cash Flow
-18.47M	-24.24M	-21.01M	-20.47M	-14.29M	-11.25M
	Investing Cash Flow
4.16M	-68.89M	34.35M	-107.54M	-3.24M	-2.46M
	Financing Cash Flow
-2.95M	-308.47K	-162.40K	121.18M	111.00M	13.48M

AquaBounty Technologies Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.70
• 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 AQB, the sentiment is Negative. The current price of 0.7 is above the 20-day moving average (MA) of 0.66, below the 50-day MA of 0.72, and below the 200-day MA of 1.07, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 50.60 is Neutral, neither overbought nor oversold. The STOCH value of 42.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AQB.

AquaBounty Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FDP	71 Outperform	$1.46B	10.27	7.32%	3.29%	-0.95%	―
TRMB	70 Outperform	$16.10B	10.74	29.37%	―	-3.04%	388.42%
LMNR	61 Neutral	$316.87M	42.28	4.34%	1.71%	2.39%	―
Sector *	58 Neutral	$21.03B	10.58	-16.29%	2.47%	4.38%	-23.63%
ALCO	53 Neutral	$224.78M	32.96	-17.05%	0.68%	14.59%	-194.05%
CRESY	53 Neutral	$845.71M	―	-8.05%	8.33%	-3.06%	-124.82%
AQB	43 Neutral	$2.71M	―	-53.80%	―	-46.91%	-174.16%

AquaBounty Technologies Corporate Events

AquaBounty Technologies Faces Leadership Change and Operational Halt

AquaBounty Technologies announced the appointment of David Frank as Interim CEO following the resignation of David Melbourne. Concurrently, the company will cease its fish farming operations at Bay Fortune, citing insufficient liquidity to maintain operations despite efforts to raise capital. This decision includes workforce reductions and the departure of key management. The company plans to evaluate alternatives for its Ohio farm project and continue asset sales to generate cash.