Astrotech (ASTC) AI Stock Analysis

• Market Cap: $4.20M
• Dividend Yield: N/A
• Average Volume (3M): 1.07M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.79
• Revenue Growth: 3.06%
• EPS Growth: -14.62%
• Country: US
• Employees: 30
• Sector: Technology
• Sector Strength: 88
• Industry: Aerospace & Defense
• EPS (TTM): -2.34
• 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: 1.36
• Enterprise Value/Revenue: 4.75
• Enterprise Value/Gross Profit: 32.39
• Enterprise Value/Ebitda: -0.45
• 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: 44 Neutral
• Price Target: $2.50 ▼(-31.51% Downside)
• Action: Upgraded Date: 02/14/26
• Date: Action: Upgraded 02/14/26

The score is driven primarily by weak financial performance (persistent losses, declining revenue, and continued cash burn) and bearish technicals (below all major moving averages with negative momentum). Valuation is not a strong positive due to a negative P/E and no dividend data, offering limited support.

Positive Factors

Specialized aerospace services

A fee-based model centered on payload processing and launch-prep creates recurring, mission-critical revenue tied to customers’ program schedules. Controlled facilities and integration services create switching frictions and long sales cycles, supporting durable customer relationships and recurring demand.

Low financial leverage

Modest debt levels reduce interest burden and preserve borrowing capacity, giving the company flexibility to raise capital or absorb volatility. Low leverage provides structural resilience while management works to stabilize operations and reduces near-term insolvency risk versus highly leveraged peers.

Recent revenue acceleration (short-term)

A recent sharp uptick in revenue suggests renewed customer activity or successful contract wins, which can materially improve utilization of fixed facilities. If sustained over several quarters, this revenue momentum can help restore margins and reduce reliance on external funding.

Negative Factors

Persistent cash burn

Consistent negative operating and free cash flow erodes runway and forces reliance on external financing or equity issuance. Over months this raises dilution and refinancing risk, limiting capacity to invest in facilities or scale operations without materially altering capital structure.

Eroded equity and negative returns

Material equity decline and deeply negative ROE signal multi-year value erosion and weakened capital base. This reduces strategic flexibility, increases sensitivity to future losses, and can constrain access to non-dilutive financing or favorable partner arrangements over the medium term.

Weak profitability and shrinking revenue

Low gross margins and persistent net losses alongside declining TTM revenue point to structural pricing, utilization, or cost issues. Without clear improvements to revenue scale or cost structure, margins are unlikely to support sustainable profitability, pressuring cash and strategic options.

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 primarily makes money by charging customers for aerospace services and facility usage associated with launch and payload processing activities. Key revenue streams generally include fees for access to and use of its processing facilities, service charges for handling, integration, testing support, and mission/launch-preparation activities performed for satellite operators, space agencies, and other commercial aerospace customers. Revenue may also be influenced by the cadence of customer launch schedules and demand for specialized secure/controlled processing environments. null

Astrotech Financial Statement Overview

Summary

Overall fundamentals are weak: profitability is deeply negative with shrinking TTM revenue and persistent losses, and cash flow shows ongoing operating and free-cash-flow burn. The main offset is modest leverage (low debt-to-equity), but equity has eroded materially and ROE is strongly negative, limiting the balance-sheet support.

Income Statement

TTM (Trailing-Twelve-Months) results show very weak profitability: gross margin is low (~14.7%) and operating and net margins are deeply negative (net margin ~-11.6%), reflecting a cost structure that is not supported by the current revenue base. Revenue is also shrinking (TTM revenue growth ~-8.6%). While annual gross margin was healthier in 2024–2025 (~45%), losses remain persistently large across years, indicating limited operating leverage and ongoing earnings pressure.

Balance Sheet

Leverage is modest with low debt relative to equity (debt-to-equity ~0.16 in TTM; ~0.12 in FY2025), which provides some financial flexibility. However, equity has declined materially versus prior years (from ~61M in FY2021 to ~15.5M in TTM), and returns on equity are strongly negative (TTM ROE ~-68.5%), signaling continued value erosion despite a not-overlevered capital structure.

Cash Flow

Cash generation is a key weakness: TTM operating cash flow is meaningfully negative (~-$13.7M) and free cash flow is also deeply negative (~-$14.9M), indicating ongoing cash burn. While free cash flow as a share of net loss is slightly above 1.0 (cash outflow roughly tracking reported losses), the overall trajectory shows persistent negative operating cash flow across multiple years, increasing funding and sustainability risk if conditions don’t improve.

Breakdown	TTM	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	1.20M	1.05M	1.66M	750.00K	869.00K	334.00K
Gross Profit	176.00K	475.00K	751.00K	306.00K	192.00K	36.00K
EBITDA	-12.72M	-12.69M	-12.41M	-10.57M	-8.36M	-7.19M
Net Income	-13.96M	-13.85M	-11.67M	-9.64M	-8.33M	-7.60M
Balance Sheet
Total Assets	19.70M	26.99M	37.64M	47.67M	56.22M	65.63M
Cash, Cash Equivalents and Short-Term Investments	10.13M	18.21M	31.92M	42.13M	52.63M	63.29M
Total Debt	4.60M	2.68M	300.00K	607.00K	1.04M	2.80M
Total Liabilities	4.18M	4.89M	2.83M	2.96M	2.98M	4.43M
Stockholders Equity	15.52M	22.10M	34.81M	44.72M	53.24M	61.21M
Cash Flow
Free Cash Flow	-14.88M	-13.79M	-10.30M	-9.47M	-7.39M	-7.62M
Operating Cash Flow	-13.70M	-12.95M	-9.72M	-7.63M	-6.79M	-7.41M
Investing Cash Flow	13.79M	5.79M	6.14M	-3.84M	-596.00K	-27.59M
Financing Cash Flow	-160.00K	-185.00K	-181.00K	-776.00K	-2.10M	67.58M

Astrotech Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.65
• 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 3.65 is above the 20-day moving average (MA) of 2.58, above the 50-day MA of 3.04, and below the 200-day MA of 4.29, indicating a bearish trend. The MACD of -0.20 indicates Negative momentum. The RSI at 32.14 is Neutral, neither overbought nor oversold. The STOCH value of 39.29 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	51 Neutral	$1.85B	-4.01	-29.10%	―	-0.63%	-163.11%
SPCE	48 Neutral	$182.82M	-0.89	-108.00%	―	-82.36%	56.88%
SIDU	46 Neutral	$152.33M	-1.07	-116.43%	―	-30.18%	80.43%
EVTL	45 Neutral	$365.54M	―	1730.37%	―	―	―
ASTC	44 Neutral	$4.20M	-0.37	-54.89%	―	3.06%	-14.62%
MNTS	41 Neutral	$5.80M	-0.32	―	―	-63.81%	81.84%