Atomos (AMS) AI Stock Analysis

• Market Cap: $7.29M
• Dividend Yield: N/A
• Average Volume (3M): 2.35M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.99
• Revenue Growth: -6.41%
• EPS Growth: 46.53%
• Country: AU
• Employees: 70
• Sector: Technology
• Sector Strength: 94
• Industry: Consumer Electronics
• EPS (TTM): >-0.01
• Shares Outstanding: 1,215,018,400
• 10 Day Avg. Volume: 1,608,566
• 30 Day Avg. Volume: 2,345,341
• PEG Ratio: >-0.01
• Price to Book (P/B): -1.28
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -0.34
• 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: 33 Underperform
• Price Target: ―

Atomos Ltd. is struggling with significant financial challenges, including declining revenues and increased financial leverage. Technical analysis indicators are unavailable, and valuation metrics are poor, with a negative P/E ratio and no dividend yield. These factors suggest a high-risk stock with limited appeal to investors at this time.

Atomos Business Overview & Revenue Model

Company Description

Atomos (AMS) is an innovative technology company primarily operating in the media and entertainment sectors. It specializes in the design and manufacturing of high-quality video monitoring and recording equipment used by video professionals globally. The company's core products are camera-mounted recorders, monitors, and accessories that streamline video production workflows, enhance video quality, and provide creative solutions for filmmakers, broadcasters, and content creators.

How the Company Makes Money

Atomos generates revenue through the sale of its video monitoring and recording equipment. The company offers a range of products that cater to various segments within the media production industry, including independent filmmakers, professional studios, and broadcasting companies. Revenue is primarily derived from product sales, which include hardware and associated accessories. Additionally, Atomos may engage in strategic partnerships with camera manufacturers and software companies to enhance product compatibility and expand its market reach. The company's earnings are influenced by factors such as technological advancements, market demand for video production equipment, and the overall growth of the media and entertainment industry.

Atomos Financial Statement Overview

Summary

Atomos Ltd. faces considerable financial challenges, including declining revenues, persistent losses, and increased leverage. While gross profit margins have improved, the company's profitability and cash flow management require substantial improvement. The balance sheet's weakened equity position and high leverage pose additional risks, necessitating strategic initiatives to stabilize the financial outlook.

Income Statement

Atomos Ltd.'s income statement shows a concerning trend with declining revenues from 2022 to 2024 and persistent negative net income. Gross profit margin has improved from 2023 to 2024, yet both EBIT and EBITDA margins remain negative, indicating operational inefficiencies. Overall, the firm struggles with profitability and revenue growth, requiring strategic adjustments.

Balance Sheet

The company's balance sheet reflects a weakened equity position, with stockholders' equity decreasing significantly from 2023 to 2024. The debt-to-equity ratio has worsened, highlighting increased leverage and financial risk. Furthermore, the equity ratio has declined, suggesting reduced financial stability.

Cash Flow

Cash flow analysis reveals a significant decline in operating cash flow from 2021 to 2024, with negative free cash flow indicating cash burn. The free cash flow to net income ratio is poor, signaling ineffective cash generation relative to losses. Despite financing activities providing liquidity, sustainable cash flow management remains a challenge.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	35.72M	42.76M	81.97M	78.61M	44.74M
Gross Profit	11.20M	4.71M	32.66M	37.44M	16.10M
EBITDA	-18.51M	-56.09M	-4.94M	8.18M	-16.20M
Net Income	-22.36M	-61.06M	-6.05M	4.22M	-22.10M
Balance Sheet
Total Assets	24.96M	37.17M	108.75M	91.20M	79.58M
Cash, Cash Equivalents and Short-Term Investments	2.90M	2.94M	5.00M	25.98M	18.77M
Total Debt	5.17M	9.54M	18.35M	3.19M	9.53M
Total Liabilities	22.61M	27.41M	54.51M	27.48M	22.17M
Stockholders Equity	2.35M	9.77M	54.24M	63.71M	57.41M
Cash Flow
Free Cash Flow	-9.16M	-5.68M	-32.38M	7.85M	-20.07M
Operating Cash Flow	-9.12M	-2.56M	-26.45M	9.82M	-13.69M
Investing Cash Flow	-41.00K	-4.92M	-5.95M	-1.96M	-12.00M
Financing Cash Flow	9.14M	5.34M	11.41M	-788.00K	39.37M

Atomos Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ICE	64 Neutral	AU$40.15M	―	-228.61%	―	-36.24%	-2.67%
KNO	63 Neutral	AU$8.00M	47.78	-2.18%	―	-2.13%	81.58%
BCC	53 Neutral	AU$11.67M	―	-127.39%	―	-17.08%	-2263.16%
Sector *	51 Neutral	AU$1.60B	2.35	-31.50%	3.04%	16.21%	-7.40%
BDT	39 Underperform	AU$11.06M	―	-50.47%	―	-31.53%	-31.70%
AMS	33 Underperform	$7.29M	―	-363.56%	―	-6.41%	46.53%
AKP	23 Underperform	AU$181.10M	―		―	-100.00%	44.26%

Atomos Corporate Events

Atomos Limited Issues New Equity Options to Employees

Atomos Limited has announced the issuance of 131,500,000 unquoted equity securities in the form of options set to expire on June 30, 2030, with an exercise price of $0.0067. This issuance is part of an employee incentive scheme and is not intended for public quotation on the ASX, potentially impacting employee retention and motivation while aligning their interests with the company’s long-term growth objectives.

Atomos Launches Employee Incentive Plan to Boost Long-term Value

Atomos Limited has launched a new Employee Incentive Plan to reward over half of its employees with options linked to share price performance, acknowledging their significant contributions during challenging times. This plan aims to align employee interests with shareholders, incentivize long-term value creation, and help attract and retain top talent, ultimately enhancing the company’s market position and future product delivery.