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Atomos Ltd. (AU:AMS)
ASX:AMS
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Atomos (AMS) AI Stock Analysis

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AU:AMS

Atomos

(Sydney:AMS)

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Neutral 45 (OpenAI - 5.2)
Rating:45Neutral
Price Target:
AU$0.02
▼(-43.33% Downside)
Action:Upgraded
Date:05/12/26
The score is driven down primarily by weak financial performance (declining revenue, large losses, negative equity, and negative operating/free cash flow). Technical indicators are neutral and provide only modest support, while valuation is pressured by a high P/E and no dividend yield data.
Positive Factors
Product ecosystem & accessories
Atomos's hardware-centric business is supplemented by accessories and add-ons that attach to core devices. That creates higher average revenue per customer, recurring incremental sales from upgrades and expansions, and stronger customer lifetime value versus standalone hardware sales.
Negative Factors
Negative equity & high leverage
The balance sheet shows negative equity and elevated leverage which constrain financial flexibility. This increases refinancing and covenant risk, limits ability to invest in R&D or inventory, and raises probability that external financing will be required to fund operations or growth over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Product ecosystem & accessories
Atomos's hardware-centric business is supplemented by accessories and add-ons that attach to core devices. That creates higher average revenue per customer, recurring incremental sales from upgrades and expansions, and stronger customer lifetime value versus standalone hardware sales.
Read all positive factors

Atomos (AMS) vs. iShares MSCI Australia ETF (EWA)

Atomos Business Overview & Revenue Model

Company Description
Atomos Limited, a video technology company, provides monitor-recorder content creation products worldwide. The company offers 4K and HD Apple ProRes monitor-recorders, compact and portable monitor-recorders, live/switching products, and on-set and...
How the Company Makes Money
Atomos makes money primarily by selling hardware products (notably on-camera monitor-recorders and related video production accessories) through distributors, resellers, and direct/online channels where applicable. Revenue is therefore largely tra...

Atomos Financial Statement Overview

Summary
Income statement weakness (declining revenue and deeply negative margins), a stressed balance sheet (negative equity and high leverage), and negative operating/free cash flow point to materially elevated financial risk.
Income Statement
35
Negative
Balance Sheet
30
Negative
Cash Flow
40
Negative
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue37.63M32.66M35.72M42.76M72.99M78.61M
Gross Profit7.00M8.49M11.20M4.71M28.49M37.44M
EBITDA-3.44M-10.63M-18.51M-56.09M-4.94M8.18M
Net Income-7.72M-14.51M-22.36M-61.06M-10.36M4.22M
Balance Sheet
Total Assets20.91M16.20M24.96M37.17M108.75M91.20M
Cash, Cash Equivalents and Short-Term Investments1.33M1.81M2.90M2.94M5.00M25.98M
Total Debt11.78M16.18M5.17M9.54M18.60M3.19M
Total Liabilities23.98M27.23M22.61M27.41M54.51M27.48M
Stockholders Equity-3.06M-11.02M2.35M9.77M54.24M63.71M
Cash Flow
Free Cash Flow-7.76M-13.27M-9.16M-5.68M-32.38M7.85M
Operating Cash Flow-7.47M-13.27M-9.12M-2.56M-26.45M9.82M
Investing Cash Flow-288.00K-3.00K-41.00K-4.92M-5.95M-1.96M
Financing Cash Flow7.98M12.12M9.14M5.34M11.41M-788.00K

Atomos Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
AU$1.25B11.9928.89%1038.95%
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
52
Neutral
AU$27.45M-1.97-40.51%6.10%-7.14%
51
Neutral
AU$182.99M-8.00-9.17%-10.94%-546.46%
50
Neutral
AU$4.67M0.9226.81%-17.34%
49
Neutral
AU$11.77M5.74-2.67%25.60%76.00%
45
Neutral
AU$24.56M54.58109.60%4.02%63.84%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:AMS
Atomos
0.02
<0.01
41.67%
AU:AD8
Audinate Group
2.21
-5.24
-70.34%
AU:ELS
Elsight Ltd.
5.78
5.18
863.33%
AU:RKT
Delta Drone International Ltd
0.02
0.01
109.09%
AU:1CG
UUV Aquabotix Ltd.
0.01
0.00
0.00%
AU:BCC
Beam Communications Holdings Limited
0.06
0.02
52.78%

Atomos Corporate Events

Atomos Issues New Shares Under Cleansing Notice, Affirms Compliance
Apr 30, 2026
Atomos has issued 5,602,592 fully paid ordinary shares at $0.0175 each on 24 April 2026 and has confirmed the shares were issued without a prospectus under the relevant disclosure relief provisions. The company stated it is compliant with its fina...
Atomos Holds Margin Gains, Boosts Balance Sheet as It Expands Video Ecosystem
Apr 30, 2026
Atomos reported third-quarter FY26 sales of $6.6 million, slightly below the prior corresponding period amid seasonally weak trading and softer global discretionary spending that prompted distributor and reseller destocking. Despite the revenue pr...
Atomos Expands Pro Video Ecosystem with Sumo PRO 19 and NAB 2026 Lineup
Apr 29, 2026
Atomos unveiled a substantial expansion of its professional video ecosystem at NAB 2026, anchored by the launch of the Sumo PRO 19, a 19-inch 4K HDR monitor recorder switcher for modern on-set production. Targeted at directors, cinematographers an...
Atomos closes Flanders Scientific deal and secures new funding to drive growth
Apr 27, 2026
Atomos has strengthened its position in professional video production by completing the acquisition of U.S.-based Flanders Scientific, a well-regarded maker of highly calibrated reference monitors known for colour science and display expertise. Th...
Atomos plans major ASX share issue to bolster capital base
Apr 13, 2026
Atomos Limited has notified the ASX of a proposed issue of up to 35,602,592 ordinary fully paid shares under a placement or other type of issue. The company has applied for these securities to be quoted on the ASX, with a proposed issue date of 31...
Atomos to Acquire Flanders Scientific, Accelerating Push Into High-End Reference Monitor Market
Apr 12, 2026
Atomos Limited has signed a binding agreement to acquire U.S.-based Flanders Scientific, a specialist in highly calibrated professional reference monitors for colorists, editors, and image professionals. Flanders Scientific, which generates most o...
Atomos Secures $10m CBA Facility and Cuts Loan Costs While Reaffirming FY26 Outlook
Apr 9, 2026
Atomos has secured approval from Commonwealth Bank of Australia for a new A$10 million, three-year business finance facility at a variable market rate currently costing 10.35%, while also negotiating a reduction in the interest rate on its existin...
Atomos appoints new Company Secretary amid governance refresh
Mar 5, 2026
Atomos Limited, a Melbourne-headquartered developer of monitoring, recording and workflow tools for film and video creators, serves a global customer base through a mix of hardware, software and cloud services. The company targets professional and...
Atomos Expands Ninja Line-Up With Global Launch of Ninja RAW Monitor Recorder
Mar 1, 2026
Atomos has launched Ninja RAW, a compact 5-inch HDR monitor recorder aimed at filmmakers, content creators, and broadcasters using HDMI mirrorless and DSLR cameras, now available globally through resellers and its web store. Positioned as a more a...
Atomos Posts Profit and Reaffirms Outlook as Cost Cuts and Product Demand Lift H1 FY26
Feb 27, 2026
Atomos reported first-half FY26 revenue of $23.7 million, up 28% year on year, and EBITDA of $1.9 million, marking a return to profitability with a $0.2 million post-tax profit and two consecutive EBITDA-positive quarters. The result was driven by...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: May 12, 2026