Audio Pixels Holdings Limited (AKP) AI Stock Analysis

• Market Cap: AU$181.10M
• Dividend Yield: N/A
• Average Volume (3M): 0.00
• Price to Earnings (P/E): ―
• Beta (1Y): -3.27
• Revenue Growth: -100.00%
• EPS Growth: 44.26%
• Country: AU
• Employees: 14
• Sector: Technology
• Sector Strength: 88
• Industry: Consumer Electronics
• EPS (TTM): -0.17
• Shares Outstanding: 29,210,100
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: 0.50
• Price to Book (P/B): -16.32
• Price to Sales (P/S): 727.99
• P/FCF Ratio: -29.04
• 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: 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: 37 Underperform
• Price Target: AU$6.00 ▼(-3.23% Downside)

Audio Pixels Holdings Limited is experiencing severe financial distress, with negative growth and profitability metrics. Technical analysis indicates an overbought condition without price movement, and valuation metrics are unfavorable with a negative P/E ratio. These factors contribute to a very low overall stock score.

Positive Factors

Technological Advancements

Advancements in Digital Sound Reconstruction technology position Audio Pixels for potential market leadership in high-fidelity audio solutions, enhancing its competitive edge.

Strategic Funding

Securing funding through convertible notes strengthens financial resources, supporting R&D and operational goals, indicating investor confidence in long-term growth.

Internal Support

Strong internal support from major stakeholders like 4F Investments reflects confidence in strategic initiatives, potentially stabilizing financial health and fostering growth.

Negative Factors

Negative Revenue Growth

Negative revenue growth indicates declining sales and market share, challenging the company's ability to sustain operations and invest in future initiatives.

Weak Cash Flow

Negative cash flow suggests inefficiencies in operations and challenges in covering expenses, potentially limiting strategic investments and growth opportunities.

Financial Instability

Negative equity and atypical debt ratios highlight financial instability, risking long-term viability and limiting access to further capital.

Audio Pixels Holdings Limited Business Overview & Revenue Model

Company Description

Audio Pixels Holdings Limited (AKP) is an innovative technology company that specializes in the development of advanced digital audio solutions. Operating primarily in the semiconductor and audio technology sectors, Audio Pixels focuses on creating high-fidelity audio products and solutions that utilize its proprietary Digital Sound Processing (DSP) technology. The company's core offerings include digital sound chips and audio processing solutions designed for a range of applications, from consumer electronics to professional audio equipment.

How the Company Makes Money

Audio Pixels generates revenue primarily through the sale of its proprietary digital audio chips and related technology solutions. The company licenses its technology to manufacturers of consumer electronics, including smartphones, tablets, and home audio systems, thereby earning royalties and fees on each unit sold that incorporates their technology. Additionally, Audio Pixels may engage in partnerships with major tech companies, which can lead to bulk orders and long-term contracts, further enhancing their revenue streams. The combination of direct sales, licensing agreements, and strategic collaborations plays a crucial role in the company's financial performance.

Audio Pixels Holdings Limited Financial Statement Overview

Summary

Audio Pixels Holdings Limited is facing significant financial challenges. The company has negative revenue growth, negative gross and net profit margins, and a precarious balance sheet with negative equity. Cash flow metrics are weak, indicating ongoing cash management issues.

Income Statement

Audio Pixels Holdings Limited has faced significant challenges in its income statement. The company has experienced negative revenue growth, with a dramatic decline in total revenue from the previous year. Gross profit margin is negative, indicating costs exceed revenues. Net profit margin is also deeply negative, reflecting substantial losses. EBIT and EBITDA margins are similarly negative, highlighting operational inefficiencies and high expenses relative to revenue.

Balance Sheet

The balance sheet reveals a concerning financial structure. The company has a negative stockholders' equity, indicating liabilities exceed assets. The debt-to-equity ratio is negative, which is atypical and suggests financial instability. Return on equity is positive but misleading due to negative equity. The equity ratio is negative, further emphasizing the company's financial distress.

Cash Flow

Cash flow analysis shows slight improvement in free cash flow growth, but overall cash flow metrics remain weak. Operating cash flow and free cash flow are negative, indicating cash outflows exceed inflows. The operating cash flow to net income ratio is negative, suggesting inefficiencies in converting income to cash. Free cash flow to net income ratio is slightly above 1, indicating some alignment between cash flow and reported losses.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	248.77K	20.85K	119.66K	107.26K	96.13K
Gross Profit	-372.00K	20.85K	119.66K	107.26K	96.13K
EBITDA	-6.18M	-6.20M	-1.78M	-2.79M	-11.57M
Net Income	-8.17M	-14.61M	-2.44M	-3.31M	-12.10M
Balance Sheet
Total Assets	8.09M	4.01M	5.31M	4.13M	7.97M
Cash, Cash Equivalents and Short-Term Investments	6.45M	2.28M	1.34M	748.37K	4.75M
Total Debt	16.69M	7.55M	3.38M	1.73M	269.44K
Total Liabilities	19.19M	9.63M	5.17M	3.53M	2.20M
Stockholders Equity	-11.10M	-5.61M	148.21K	604.41K	5.78M
Cash Flow
Free Cash Flow	-6.24M	-5.37M	-5.76M	-5.19M	-7.56M
Operating Cash Flow	-5.95M	-5.06M	-5.64M	-5.03M	-7.46M
Investing Cash Flow	-1.29M	-308.35K	-124.81K	-155.99K	-105.04K
Financing Cash Flow	10.47M	6.30M	6.31M	1.10M	6.54M

Audio Pixels Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 6.20
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Neutral
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:AKP, the sentiment is Negative. The current price of 6.2 is below the 20-day moving average (MA) of 6.20, above the 50-day MA of 6.20, and below the 200-day MA of 6.20, indicating a neutral trend. The MACD of <0.01 indicates Neutral momentum. The RSI at 100.00 is Negative, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:AKP.

Audio Pixels Holdings Limited 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%
AUA	53 Neutral	AU$10.85M	-4.65	-123.13%	―	18.86%	-14.41%
EVS	51 Neutral	―	―	―	―	-0.62%	-225.64%
AMS	41 Neutral	AU$40.04M	-2.42	―	―	-7.11%	51.02%
EIQ	39 Underperform	AU$172.33M	-11.73	-89.84%	―	127.89%	-107.34%
AKP	37 Underperform	AU$181.10M	-22.17	―	―	-100.00%	44.26%

Audio Pixels Holdings Limited Corporate Events

Audio Pixels Holdings Limited Reports Cessation of Securities

Audio Pixels Holdings Limited announced the cessation of 30,000 securities due to the expiry of options without exercise or conversion. This development may impact the company’s capital structure but reflects a routine financial adjustment rather than a strategic shift, maintaining its focus on technological advancements in the audio industry.

Audio Pixels Advances DSR Technology Amid Financial Maneuvers

Audio Pixels Holdings Limited reported significant progress in advancing its Digital Sound Reconstruction technologies, with successful completion of a MEMS fabrication program and development of a next-generation ASIC controller. The company is nearing critical milestones for commercial deployment, amid strong interest from multiple industries. Financially, the company raised an additional $1.25 million through convertible notes, but its shares remain suspended on the ASX pending further capital raising to meet auditor requirements.

Audio Pixels Secures Funding Through Convertible Notes

Audio Pixels Holdings Limited has issued A$1,250,000 in Convertible Notes to two sophisticated investors, enhancing its working capital and supporting its short-term objectives. This financial maneuver, which falls within the company’s 15% placement capacity under ASX Listing Rule 7.1, demonstrates investor confidence in the company’s strategic direction. Additionally, 4F Investments Pty Ltd, controlled by Chairman Fred Bart, plans to subscribe to further convertible notes, pending shareholder approval, indicating strong internal support for the company’s growth initiatives.

Audio Pixels Holdings Limited Announces Convertible Notes Issue

Audio Pixels Holdings Limited has announced a proposed issue of convertible notes, with a maximum of 142,934 securities to be issued. This move is part of a strategic effort to raise capital, potentially impacting the company’s financial structure and market positioning by providing additional resources for its operations and growth initiatives.

Audio Pixels Extends Convertible Notes Maturity and Capitalizes Interest

Audio Pixels Holdings Limited has announced an extension of the maturity date for $12.3 million of its $12.5 million convertible notes to January 31, 2027. Additionally, noteholders with $4.05 million in notes have chosen to capitalize their interest payments, enhancing the company’s cash flow flexibility. This strategic move is expected to bolster the company’s working capital, aiding in the pursuit of its short-term objectives and operational demands in a changing market.

Audio Pixels Advances MEMS Fabrication for Digital Sound Technologies

Audio Pixels Holdings Limited has achieved a significant milestone in its MEMS fabrication development program, crucial for advancing its Digital Sound Reconstruction technologies into commercially mass-producible products. The first completed wafer from the program met critical electromechanical specifications, though it revealed excessive pixel damage due to a cross-material interaction. The company has addressed this issue with process adjustments, and its partner is reallocating resources to expedite further wafer production, marking progress towards commercialization.