Astrotech (ASTC) AI Stock Analysis

• Market Cap: $6.40M
• Dividend Yield: N/A
• Average Volume (3M): 1.07M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.72
• Revenue Growth: 3.06%
• EPS Growth: -14.62%
• Country: US
• Employees: 30
• Sector: Technology
• Sector Strength: 88
• Industry: Aerospace & Defense
• EPS (TTM): -2.07
• Shares Outstanding: 1,758,953
• 10 Day Avg. Volume: 107,046
• 30 Day Avg. Volume: 1,074,035
• PEG Ratio: -0.04
• Price to Book (P/B): 0.44
• Price to Sales (P/S): 9.17
• P/FCF Ratio: -0.70
• Enterprise Value/Market Cap: -0.84
• Enterprise Value/Revenue: -4.09
• Enterprise Value/Gross Profit: -16.63
• Enterprise Value/Ebitda: 0.41
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 39 Underperform
• Price Target: $3.00 ▼(-17.58% Downside)

Astrotech's overall stock score is primarily driven by its challenging financial performance, with persistent losses and cash flow issues being the most significant factors. The technical analysis suggests a bearish trend, and the valuation metrics are unfavorable due to ongoing losses. While the appointment of a new interim CFO is a positive step, it does not sufficiently offset the broader financial and operational challenges.

Positive Factors

Revenue Growth

Astrotech's strong revenue growth indicates increasing demand for its space technologies, suggesting potential for future market expansion.

Low Debt Levels

Astrotech's low leverage provides financial stability and flexibility, allowing for strategic investments and resilience against economic downturns.

New CFO Appointment

The new CFO brings extensive experience, which could improve financial management and strategic decision-making, enhancing long-term operational performance.

Negative Factors

Persistent Losses

Ongoing losses indicate operational inefficiencies and challenges in achieving profitability, which could hinder long-term financial sustainability.

Negative Cash Flow

Negative cash flows suggest liquidity issues, limiting the company's ability to invest in growth opportunities and meet financial obligations.

High Operating Expenses

High expenses reduce profitability, indicating a need for cost management to improve margins and enhance long-term financial health.

Astrotech Business Overview & Revenue Model

Company Description

Astrotech Corporation operates as a science and technology development and commercialization company worldwide. It operates through three segments, Astrotech Technologies, Inc. (ATI), 1st Detect Corporation (1st Detect), and AgLAB Inc (AgLAB). The ATI segment owns and licenses the AMS Technology, the platform mass spectrometry technology. The 1st Detect segment manufactures explosives and narcotics trace detectors for use at airports, secured facilities, and borders. This segment provides TRACER 1000, a mass spectrometer based explosives trace detector to replace the explosives trace detectors used at airports, cargo and secured facilities, and borders. The AgLAB segment develops AgLAB-1000, a mass spectrometer for use in the hemp and cannabis market. It also develops BreathTest-1000, a breath analysis tool to screen for volatile organic compound metabolites found in a person's breath. The company was formerly known as SPACEHAB, Inc. and changed its name to Astrotech Corporation in 2009. Astrotech Corporation was incorporated in 1984 is based in Austin, Texas.

How the Company Makes Money

Astrotech generates revenue through multiple streams including the sale of satellite systems and launch services to government agencies and commercial customers. The company also earns income from partnerships with other aerospace firms and organizations, which may involve collaborative projects or joint ventures in space technology development. Additionally, Astrotech may engage in contractual agreements for research and development services, which further contribute to its overall earnings. The company's ability to secure contracts with federal agencies and private sector clients is a critical factor in its revenue model, ensuring a steady flow of income from its core operations.

Astrotech Financial Statement Overview

Summary

Astrotech faces significant financial challenges across all key areas. The income statement highlights persistent losses despite revenue growth, while the balance sheet shows low leverage but poor returns on equity. Cash flow issues further exacerbate the company's financial position, with negative operating and free cash flows. While there are some positive aspects, such as revenue growth and a low debt-to-equity ratio, the overall financial health of the company is concerning, requiring strategic interventions to improve profitability and cash flow management.

Income Statement

Astrotech's income statement reflects significant challenges with profitability. The TTM data shows a negative net profit margin of -13.20% and an EBIT margin of -13.83%, indicating ongoing operational losses. Despite a revenue growth rate of 25.07% in the TTM period, the company struggles with high operating expenses, as evidenced by negative EBIT and EBITDA margins. The gross profit margin of 45.28% is a positive aspect, suggesting some efficiency in production or service delivery, but it is not enough to offset the overall losses.

Balance Sheet

Astrotech's balance sheet shows a relatively low debt-to-equity ratio of 0.12, indicating conservative use of leverage. However, the return on equity (ROE) is negative at -59.71%, reflecting the company's inability to generate profits from shareholders' equity. The equity ratio is not explicitly provided, but the available data suggests a stable capital structure with a focus on equity financing. The negative ROE is a significant concern, highlighting inefficiencies in generating returns for shareholders.

Cash Flow

The cash flow statement reveals ongoing cash flow challenges, with negative operating cash flow and free cash flow in the TTM period. The free cash flow to net income ratio of 1.05 indicates that the company is generating slightly more free cash flow than net income, which is a positive sign. However, the operating cash flow to net income ratio of -5.34 suggests significant cash outflows relative to net income, pointing to liquidity issues. The free cash flow growth rate of 3.66% in the TTM period is a slight improvement but remains insufficient to address the broader cash flow concerns.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.31M	1.05M	1.66M	750.00K	869.00K	334.00K
Gross Profit	323.00K	475.00K	751.00K	306.00K	192.00K	36.00K
EBITDA	-13.16M	-12.69M	-12.41M	-10.57M	-8.36M	-7.19M
Net Income	-14.04M	-13.85M	-11.67M	-9.64M	-8.33M	-7.60M
Balance Sheet
Total Assets	23.24M	26.99M	37.64M	47.67M	56.22M	65.63M
Cash, Cash Equivalents and Short-Term Investments	13.94M	18.21M	31.92M	42.13M	52.63M	63.29M
Total Debt	2.54M	2.68M	300.00K	607.00K	1.04M	2.80M
Total Liabilities	4.15M	4.89M	2.83M	2.96M	2.98M	4.43M
Stockholders Equity	19.09M	22.10M	34.81M	44.72M	53.24M	61.21M
Cash Flow
Free Cash Flow	-14.29M	-13.79M	-10.30M	-9.47M	-7.39M	-7.62M
Operating Cash Flow	-13.20M	-12.95M	-9.72M	-7.63M	-6.79M	-7.41M
Investing Cash Flow	9.51M	5.79M	6.14M	-3.84M	-596.00K	-27.59M
Financing Cash Flow	-176.00K	-185.00K	-181.00K	-776.00K	-2.10M	67.58M

Astrotech Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.64
• 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 ASTC, the sentiment is Negative. The current price of 3.64 is above the 20-day moving average (MA) of 3.50, below the 50-day MA of 3.65, and below the 200-day MA of 5.16, indicating a neutral trend. The MACD of 0.06 indicates Negative momentum. The RSI at 50.18 is Neutral, neither overbought nor oversold. The STOCH value of 39.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ASTC.

Astrotech 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%
RDW	52 Neutral	$1.32B	-2.52	-50.08%	―	-0.63%	-163.11%
SPCE	48 Neutral	$221.20M	-0.47	-98.87%	―	-82.36%	56.88%
SIDU	44 Neutral	$40.89M	-0.90	-142.81%	―	-30.18%	80.43%
MNTS	41 Neutral	$12.20M	-0.06	―	―	-63.81%	81.84%
ASTC	39 Underperform	$6.40M	-0.44	-54.89%	―	3.06%	-14.62%
EVTL	25 Underperform	$547.81M	-0.61	―	―	―	―

Astrotech Corporate Events

Astrotech Holds Annual Stockholders Meeting in December

On December 12, 2025, Astrotech Corporation conducted its annual meeting of stockholders at its Austin, Texas location. During this meeting, shareholders elected six members to the Board of Directors and ratified the selection of RBSM LLP as the company’s independent registered public accounting firm for the fiscal year ending June 30, 2026. These outcomes ensure continued leadership and financial oversight, supporting operational stability and aligning with stakeholder expectations.

Astrotech Approves Transaction Bonus Plan for Employees

On November 5, 2025, Astrotech Corporation’s Board of Directors approved a transaction bonus plan, establishing a bonus pool for key employees based on net proceeds from qualifying transactions. This plan aims to incentivize employees by offering bonuses tied to the company’s financial success in transactions exceeding $30 million. Additionally, on October 17, 2025, Jennifer Canas resigned as Chief Financial Officer, and a separation agreement was reached on November 10, 2025, granting her certain benefits, including a cash payment and extended health insurance coverage.

Astrotech Appoints Scott Bartley as Interim CFO

Astrotech Corporation announced the appointment of Scott Bartley as Interim Chief Financial Officer, Treasurer, and Secretary, effective October 20, 2025. Mr. Bartley brings over two decades of experience in financial consulting, having served in roles such as CFO and controller for various public and private companies. His expertise is expected to provide valuable insights across multiple end markets for Astrotech. The appointment follows a Consulting Services Agreement with Bridgepoint Consulting, where Mr. Bartley will receive compensation for his services. This strategic move is anticipated to strengthen Astrotech’s financial leadership and support its operations across diverse industries.

Astrotech CFO Jennifer Canas Resigns Effective Immediately

On October 17, 2025, Jennifer Canas resigned from her roles as Chief Financial Officer, Treasurer, and Secretary of Astrotech Corporation, effective immediately. The company plans to negotiate a separation agreement with Ms. Canas, which will include separation benefits and restrictive covenants favoring the company.