Brownie's Marine Group (BWMG) AI Stock Analysis

• Market Cap: $2.45M
• Dividend Yield: N/A
• Average Volume (3M): 30.09K
• Price to Earnings (P/E): 33.3
• Beta (1Y): -87.21
• Revenue Growth: -2.87%
• EPS Growth: N/A
• Country: US
• Employees: 41
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Leisure
• EPS (TTM): >-0.01
• Shares Outstanding: 453,494,630
• 10 Day Avg. Volume: 22,563
• 30 Day Avg. Volume: 30,088
• PEG Ratio: 0.22
• Price to Book (P/B): 2.78
• Price to Sales (P/S): 0.54
• P/FCF Ratio: -14.96
• 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: 42 Neutral
• Price Target: ―

Brownie's Marine Group faces significant financial challenges, with persistent net losses impacting overall performance. Technical analysis supports a cautious outlook, with no clear directional trends. Valuation remains weak due to negative earnings. The absence of significant insights from earnings call analysis limits future visibility. The overall score reflects these concerns, indicating the need for improvement in profitability and operational efficiency.

Positive Factors

Revenue Growth

The company's revenue growth indicates a positive trend in market demand for its products, suggesting potential for future expansion and increased market share.

Gross Profit Margin

A healthy gross profit margin reflects effective cost management and pricing strategies, which can support long-term profitability if maintained.

Cash Flow Improvement

Improvement in free cash flow indicates better cash generation, enhancing the company's ability to invest in growth opportunities and reduce debt.

Negative Factors

Net Losses

Ongoing net losses hinder profitability, limiting the company's ability to reinvest in business development and potentially affecting long-term sustainability.

Negative Return on Equity

Negative return on equity indicates poor profitability relative to shareholder equity, which can deter investment and affect financial stability.

Leverage Concerns

Moderate leverage can strain financial flexibility, especially if profitability issues persist, potentially impacting the company's ability to manage debt obligations.

Brownie's Marine Group Business Overview & Revenue Model

Company Description

Brownie's Marine Group, Inc., together with its subsidiaries, designs, tests, manufactures, and distributes recreational hookah diving, yacht-based scuba air compressor and nitrox generation systems, and scuba and water safety products in the United States and internationally. It operates through four segments: Legacy SSA Products, High Pressure Gas Systems, Ultra Portable Tankless Dive Systems, and Redundant Air Tank Systems. The company also manufactures and sells high pressure air and industrial gas compressor packages. In addition, it offers battery operated and portable electric surface supply air diving systems and electric shallow dive systems. Further, the company offers tankless dive systems, boat integrated air systems, and kayak diving hose kits, as well as fast float rescue harness products, and hose systems. Further, it manufactures and distributes high pressure tanks, and redundant and rescue air systems for the military and recreational diving industries. The company sells its products on wholesale basis to retail dive stores, marine stores, boat dealers, and builders; and retails its products to boat owners, recreational and commercial divers, and pilots, as well as through the Internet. Brownie's Marine Group, Inc. was founded in 1981 and is headquartered in Pompano Beach, Florida.

How the Company Makes Money

Brownie's Marine Group generates revenue primarily through the sale of its marine and diving products. The company's key revenue streams include direct sales of surface-supplied air systems, dive compressors, and a range of accessories designed for underwater exploration. BWMG also benefits from partnerships and relationships with distributors and retailers who help expand its market reach. Additionally, the company may engage in servicing and maintenance of its equipment, providing an additional source of income. Factors such as advancements in diving technology and increasing interest in marine activities contribute to its earnings by driving demand for its innovative products.

Brownie's Marine Group Financial Statement Overview

Summary

Brownie's Marine Group demonstrates mixed financial performance across the board. Revenue growth and gross profit margin show positive signs, but persistent net losses and inefficiencies hinder profitability. The balance sheet reflects moderate leverage but is impacted by negative equity returns. Cash flow shows signs of improvement but remains constrained. Overall, the company needs to address profitability and operational efficiencies to bolster financial health.

Income Statement

The company shows a mixed performance in its income statement. Gross profit margin for TTM is 36.14%, indicating good control over production costs. However, consistent negative net profit margins, with TTM at -8.86%, reflect ongoing profitability challenges. Revenue growth TTM of 6.24% is a positive sign, but the EBIT and EBITDA margins remain negative, suggesting operational inefficiencies.

Balance Sheet

The balance sheet reveals moderate financial health. The debt-to-equity ratio is 1.12, showing a moderate level of leverage. The equity ratio for TTM stands at 28.98%, indicating a reliance on liabilities to finance assets. Return on equity is negative at -45.57%, due to negative net income, highlighting profitability issues.

Cash Flow

Cash flow analysis indicates some improvement but remains challenging. The operating cash flow to net income ratio for TTM is 0.08, suggesting limited cash generation relative to net losses. Free cash flow to net income ratio is 0.08, indicating minimal free cash flow. The free cash flow growth rate of 86.04% is a positive development, showing improvement in cash generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	7.82M	8.17M	7.58M	8.58M	6.23M	4.56M
Gross Profit	3.03M	3.30M	2.11M	2.79M	1.89M	1.46M
EBITDA	590.50K	262.73K	-717.43K	-1.46M	-1.36M	-1.21M
Net Income	132.12K	-240.60K	-1.25M	-1.94M	-1.61M	-1.37M
Balance Sheet
Total Assets	5.63M	5.77M	4.78M	5.67M	4.67M	2.07M
Cash, Cash Equivalents and Short-Term Investments	479.54K	417.68K	431.11K	484.43K	643.14K	345.19K
Total Debt	2.26M	2.70M	1.64M	1.74M	932.79K	878.77K
Total Liabilities	3.73M	4.19M	3.18M	3.14M	2.05M	1.49M
Stockholders Equity	1.90M	1.58M	1.59M	2.52M	2.63M	583.80K
Cash Flow
Free Cash Flow	213.46K	-293.46K	-404.78K	-710.52K	-793.14K	-561.61K
Operating Cash Flow	213.46K	-293.43K	-374.83K	-678.36K	-769.47K	-556.11K
Investing Cash Flow	0.00	-22.00	-29.95K	-62.16K	517.70K	-5.50K
Financing Cash Flow	-39.09K	280.02K	351.47K	581.80K	549.72K	836.17K

Brownie's Marine Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
JOUT	60 Neutral	$452.77M	-13.11	-7.78%	3.22%	-0.07%	-31.45%
AOUT	49 Neutral	$105.98M	-19.09	-3.19%	―	2.85%	24.82%
ISPO	48 Neutral	$52.79M	-4.81	―	―	-13.85%	77.24%
DOGZ	46 Neutral	$140.61M	-25.91	-5.86%	―	39.47%	31.39%
NWTG	46 Neutral	$7.84M	-0.06	-383.63%	―	178.32%	70.79%
BWMG	42 Neutral	$2.45M	33.33	7.55%	―	-2.87%	―