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): -1.26
• 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

• Rating: 23 Underperform
• Price Target: ―

The overall stock score for Audio Pixels Holdings Limited is significantly low at 22.5, primarily due to severe financial difficulties, including a complete lack of revenue and high leverage. Technical indicators suggest extreme overbought conditions, posing risks of a potential price reversal. The negative P/E ratio and lack of dividend yield further contribute to the stock's unattractiveness.

Audio Pixels Holdings Limited Business Overview & Revenue Model

Company Description

Audio Pixels Holdings Limited, through its subsidiary, Audio Pixels Limited, engages in the development of digital speakers in Australia and Israel. The company was incorporated in 2000 and is based in Sydney, Australia.

How the Company Makes Money

Audio Pixels generates revenue primarily through the sale of its proprietary audio products and licensing agreements. The company earns money by manufacturing and selling its advanced digital speakers to consumer electronics manufacturers, automotive companies, and professional audio equipment providers. Additionally, it may engage in partnerships or collaborations with other firms to license its technology, which creates an additional stream of revenue. The company also benefits from potential royalties and fees from customers who integrate its audio technology into their products, enhancing its earnings potential.

Audio Pixels Holdings Limited Financial Statement Overview

Summary

Audio Pixels Holdings Limited is facing severe financial difficulties across all major financial statements. The lack of revenue, sustained losses, and high leverage highlight significant risks and challenges.

Income Statement

Audio Pixels Holdings Limited has faced significant challenges in its income statement, with total revenue declining to zero in 2024. The company has consistently reported negative net income and EBIT over the years, indicating ongoing operational difficulties. The absence of revenue growth and sustained losses reflect a challenging business environment or strategic issues that need to be addressed.

Balance Sheet

The balance sheet analysis reveals a concerning financial structure, with negative stockholders' equity and increasing debt levels, resulting in a negative equity position in 2024. The debt-to-equity ratio is not meaningful due to negative equity, and the company is highly leveraged, which poses significant financial risks.

Cash Flow

Cash flow analysis shows negative operating cash flow and free cash flow, highlighting liquidity challenges. Although there is some financing activity, the negative free cash flow indicates the company struggles to generate cash from its core operations, impacting its ability to invest in growth.

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	-7.85M
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%
EVS	51 Neutral	―	―	―	―	-0.62%	-225.64%
AUA	47 Neutral	AU$6.12M	―	-123.13%	―	18.86%	-14.41%
AMS	46 Neutral	AU$17.14M	―	―	―	-7.11%	51.02%
EIQ	39 Underperform	AU$123.46M	―	-89.84%	―	127.89%	-107.34%
AKP	23 Underperform	AU$181.10M	―	―	―	-100.00%	44.26%

Audio Pixels Holdings Limited Corporate Events

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.

Audio Pixels Holdings Limited Issues New Unquoted Securities

Audio Pixels Holdings Limited announced the issuance of unquoted equity securities, including 1,550,000 C Notes with a 12% interest rate and 400,000 options expiring in May 2026. This move is expected to provide the company with additional capital, potentially enhancing its market position and operational capabilities.

Audio Pixels Holdings Limited Issues New Unquoted Securities

Audio Pixels Holdings Limited announced the issuance of unquoted securities, including 1,000,000 convertible notes with a 12% interest rate maturing on December 31, 2025, and 200,000 options expiring on May 4, 2027. This move is likely to impact the company’s financial structure and could influence its market positioning by providing additional capital for growth and development.

Audio Pixels Holdings Limited Issues New Unquoted Securities

Audio Pixels Holdings Limited announced the issuance of new unquoted securities, including 6,450,000 convertible notes and 1,290,000 options, as part of its financial strategy. This move is expected to impact the company’s capital structure and potentially enhance its market positioning by providing additional resources for growth and development.

Audio Pixels Holdings Issues Unquoted Equity Securities

Audio Pixels Holdings Limited announced the issuance of unquoted equity securities, including 2,500,000 C Notes with a 12% interest rate maturing on December 31, 2025, and 500,000 options expiring on May 4, 2026. This move is likely to impact the company’s financial structure and may influence its market positioning by potentially providing additional capital for growth initiatives.

Audio Pixels Issues New Equity Options to Bolster Financial Flexibility

Audio Pixels Holdings Limited announced the issuance of 1,116,598 unquoted equity securities, specifically options expiring on May 4, 2027, with an exercise price of $10.84. This move is part of the company’s strategy to enhance its financial flexibility and support its ongoing technological advancements in the digital audio sector, potentially impacting its market positioning and stakeholder interests.

Audio Pixels Holdings Issues Unquoted Securities to Enhance Financial Strategy

Audio Pixels Holdings Limited announced the issuance of unquoted securities, including 1,000,000 convertible notes and 200,000 options, as part of its financial strategy. This move could impact the company’s financial structure and market positioning, potentially affecting stakeholders by altering the company’s capital and investment dynamics.

Audio Pixels Advances MEMS Technology Amid ASX Suspension

Audio Pixels Holdings Limited has made significant progress in advancing its Digital Sound Reconstruction technology towards commercialization, with most critical steps in MEMS wafer fabrication completed. However, a key wafer bonding step did not meet required standards, prompting revisions to ensure reliability and performance. The company anticipates the completion of the first wafers by the end of August. Meanwhile, the company’s shares remain suspended on the ASX as it works to provide necessary information for reinstatement. No new unsecured loans were received this quarter, and the principal balance remains at $5,582,988.