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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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Underperform 39 (OpenAI - 5.2)
Rating:39Underperform
Price Target:
<AU$0.01
▼(-70.00% Downside)
Action:Reiterated
Date:07/10/26
The score is driven primarily by weak financial performance, including declining revenue, large losses, negative equity, and negative cash generation. Technicals add further pressure with a broadly bearish trend (price below major moving averages and negative MACD), while valuation provides only limited support due to an uninformative negative P/E and no dividend yield data.
Positive Factors
Niche professional product focus
Serving a specialist professional video market gives Atomos durable product-market fit. Focused hardware for filmmakers and broadcasters supports premium positioning, deep customer expertise, and reseller relationships that persist beyond short-term cycles, enabling steadier demand from pro workflows.
Negative Factors
Negative equity and high leverage
Negative equity and elevated leverage materially weaken financial flexibility. This structure raises refinancing and covenant risk, constrains capital allocation, and limits the firm's ability to invest in R&D, inventory or marketing without dilutive or costly external funding, a lasting structural vulnerability.
Read all positive and negative factors
Positive Factors
Negative Factors
Niche professional product focus
Serving a specialist professional video market gives Atomos durable product-market fit. Focused hardware for filmmakers and broadcasters supports premium positioning, deep customer expertise, and reseller relationships that persist beyond short-term cycles, enabling steadier demand from pro workflows.
Read all positive factors

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

Atomos Business Overview & Revenue Model

Company Description
Based in Carlton, Australia, Atomos Limited is a video technology firm established in 2009. The company, formerly Tetsuwan Ltd until its rebrand in October 2018, manufactures and distributes monitor-recorder products for content creators around th...
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
Financial statements indicate material weakness: declining revenue (-9.40% most recent year), deeply negative profitability (net margin -44.44%, EBIT margin -36.25%), negative stockholders’ equity with heavy leverage signals (debt-to-equity -1.47 due to negative equity), and negative operating/free cash flow with deteriorating free cash flow trends.
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
73
Outperform
AU$1.72B138.1228.89%1038.95%
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
54
Neutral
AU$196.49M-12.94-9.17%-10.94%-546.46%
50
Neutral
AU$4.58M4.0826.81%-17.34%
49
Neutral
AU$25.94M-5.53-40.51%6.10%-7.14%
49
Neutral
AU$14.38M-110.00-2.67%25.60%76.00%
39
Underperform
AU$14.88M-2.17109.60%4.02%63.84%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:AMS
Atomos
0.01
>-0.01
-16.67%
AU:AD8
Audinate Group
2.33
-4.21
-64.37%
AU:ELS
Elsight Ltd.
7.74
6.12
377.78%
AU:RKT
Delta Drone International Ltd
0.02
<0.01
61.54%
AU:1CG
UUV Aquabotix Ltd.
0.01
<0.01
10.00%
AU:BCC
Beam Communications Holdings Limited
0.05
0.01
26.19%

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...
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: Jul 10, 2026