AquaBounty Technologies (AQB) AI Stock Analysis

• Market Cap: $3.73M
• Dividend Yield: N/A
• Average Volume (3M): 1.58M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.03
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 4
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Agricultural Farm Products
• EPS (TTM): -0.38
• Shares Outstanding: 3,877,695
• 10 Day Avg. Volume: 221,557
• 30 Day Avg. Volume: 1,577,744
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.15
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -0.14
• Enterprise Value/Market Cap: 2.86
• Enterprise Value/Revenue: -15.14
• Enterprise Value/Gross Profit: -15.14
• Enterprise Value/Ebitda: -0.20
• 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: 42 Neutral
• Price Target: $0.88 ▼(-8.02% Downside)

The score is primarily constrained by very weak financial performance (persistent losses, heavy cash burn, and worsened leverage). Technicals add further pressure with a generally weak trend, while valuation provides limited support because the company is loss-making and no dividend yield is available.

Positive Factors

Sustainable Aquaculture

AquaBounty's emphasis on sustainable aquaculture aligns with growing consumer demand for environmentally friendly products, potentially boosting long-term revenue through partnerships with eco-conscious buyers.

Genetically Engineered Salmon

The unique genetic engineering of AquAdvantage salmon offers a competitive advantage by reducing time to market, enhancing productivity, and potentially increasing market share in the aquaculture industry.

Strong Equity Position

A strong equity position provides financial stability, offering a buffer against operational challenges and supporting potential future investments or expansions.

Negative Factors

Volatile Revenues

Revenue volatility undermines predictability and financial planning, posing risks to long-term growth and operational stability, especially in a competitive market.

Negative Cash Flows

Persistent negative cash flows indicate operational inefficiencies and hinder the company's ability to invest in growth opportunities or weather financial downturns.

Debt-to-Equity Ratio Increase

An increasing debt-to-equity ratio raises concerns about financial leverage, potentially limiting future borrowing capacity and increasing financial risk if cash flows do not improve.

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, marked by volatile revenues, persistent losses, and negative cash flows. While there is some stability in its equity position, the company's inability to generate consistent operating and free cash flows poses a significant risk. Improving operational efficiency and cash generation capabilities are critical for future sustainability.

Income Statement

AquaBounty Technologies has experienced significant volatility in its revenue, with the latest period showing a sharp decline to zero. The company has consistently reported negative gross and net profit margins, indicating ongoing challenges in achieving profitability. Despite a positive EBIT and EBITDA in the latest year, this is likely due to extraordinary items rather than operational improvements.

Balance Sheet

The balance sheet shows a strong equity position relative to total assets, which is a positive sign of financial stability. However, the debt-to-equity ratio has increased over time, highlighting a potential risk if the company cannot generate consistent cash flows. The company's leverage is moderate, and liquidity seems adequate with substantial cash reserves.

Cash Flow

Cash flow analysis reveals a concerning trend of negative free cash flows and operating cash flows, indicating that the company is struggling to generate cash from its operations. The negative free cash flow growth rate is alarming, and the operating and free cash flow to net income ratios are unfavorable, reflecting persistent cash management issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	-705.26K	0.00	0.00	3.14M	1.17M	127.66K
Gross Profit	-705.26K	-904.14K	-2.16M	-10.49M	-9.61M	-6.55M
EBITDA	-52.17M	-110.56M	-11.45M	-19.84M	-20.22M	-14.75M
Net Income	-88.47M	-149.19M	-27.56M	-22.16M	-22.32M	-16.40M
Balance Sheet
Total Assets	24.17M	34.06M	187.55M	213.84M	228.44M	125.78M
Cash, Cash Equivalents and Short-Term Investments	951.43K	230.36K	8.20M	101.66M	190.23M	95.75M
Total Debt	7.94M	3.31M	5.10M	8.90M	9.44M	9.14M
Total Liabilities	11.93M	18.22M	22.53M	21.92M	14.63M	10.90M
Stockholders Equity	12.24M	15.84M	165.02M	191.92M	213.80M	114.88M
Cash Flow
Free Cash Flow	-5.56B	-16.79M	-93.13M	-88.48M	-26.19M	-18.61M
Operating Cash Flow	-5.56B	-13.86M	-24.24M	-21.01M	-20.47M	-14.29M
Investing Cash Flow	7.11B	7.56M	-68.89M	34.35M	-107.54M	-3.24M
Financing Cash Flow	-832.07M	-2.66M	-308.47K	-162.40K	121.18M	111.00M

AquaBounty Technologies Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.96
• 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 Positive. The current price of 0.96 is above the 20-day moving average (MA) of 0.90, below the 50-day MA of 0.97, and below the 200-day MA of 0.99, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 52.26 is Neutral, neither overbought nor oversold. The STOCH value of 36.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AQB.

AquaBounty Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
LOCL	43 Neutral	$50.78M	-0.20	―	―	31.61%	37.02%
AQB	42 Neutral	$3.73M	-0.06	―	―	―	―
EDBL	42 Neutral	$3.22M	-0.04	-179.10%	―	-10.77%	97.27%
SDOT	41 Neutral	$5.75M	-0.25	-46.64%	―	-29.40%	-535.63%

AquaBounty Technologies Corporate Events

AquaBounty Technologies Secures $4M in Senior Notes

On October 28, 2025, AquaBounty Technologies entered into Note Purchase Agreements with investors for the issuance and sale of $4 million in Senior Notes. These notes are unsecured, nonconvertible, and bear an 18% interest rate, with a maturity date set for 18 months from closing. The agreements include restrictive covenants and events of default, allowing investors certain rights, such as nominating an additional director to the company’s board if defaults occur.

The most recent analyst rating on (AQB) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on AquaBounty Technologies stock, see the AQB Stock Forecast page.