Core AI Holdings (CHAI) AI Stock Analysis

• Market Cap: $73.12M
• Dividend Yield: N/A
• Average Volume (3M): 457.43K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.18
• Revenue Growth: 49.13%
• EPS Growth: 99.60%
• Country: US
• Employees: 23
• Sector: Communication Services
• Sector Strength: 97
• Industry: Internet Content & Information
• EPS (TTM): N/A
• Shares Outstanding: 19,922,380
• 10 Day Avg. Volume: 457,735
• 30 Day Avg. Volume: 457,429
• PEG Ratio: <0.01
• Price to Book (P/B): 0.26
• Price to Sales (P/S): 0.09
• P/FCF Ratio: -0.07
• Enterprise Value/Market Cap: 0.17
• Enterprise Value/Revenue: 1.07
• Enterprise Value/Gross Profit: 53.79
• Enterprise Value/Ebitda: -1.07
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 38 Underperform
• Price Target: $4.50 ▲(30.43% Upside)

Core AI Holdings is facing significant financial and operational challenges, with persistent losses and negative cash flows being the most critical issues. The technical analysis indicates weak momentum, and the valuation metrics highlight the lack of profitability. The absence of earnings call data and corporate events leaves these areas unaddressed. Overall, the stock is currently not attractive for investment.

Core AI Holdings Business Overview & Revenue Model

Company Description

Core AI Holdings, Inc. develops and publishes AI based mobile games worldwide. The company was formerly known as Siyata Mobile Inc. and change its name to Core AI Holdings, Inc. The company is based in Wilmington, Delaware.

How the Company Makes Money

Siyata Mobile generates revenue primarily through the sale of its communication devices and accessories to enterprise customers, including commercial fleets, first responders, and industrial sectors. The company's revenue streams are driven by direct sales to businesses, partnerships with network carriers and distributors, and the integration of its devices with existing communication infrastructures. Significant partnerships with mobile network operators and distributors enhance market reach and facilitate the adoption of Siyata's products across various regions. Additionally, Siyata Mobile may generate recurring revenue from service contracts, support agreements, and software solutions designed to complement its hardware offerings.

Core AI Holdings Financial Statement Overview

Summary

Core AI Holdings faces significant financial challenges, with persistent losses and negative cash flows. While revenue growth is a positive sign, the company struggles with profitability and cash generation. The low leverage is a strength, but the negative return on equity and cash flow issues highlight the need for strategic improvements to achieve financial stability.

Income Statement

Core AI Holdings has shown some revenue growth, with a TTM revenue growth rate of 22.5%. However, profitability remains a significant issue, with negative net profit margins and EBIT margins indicating ongoing losses. The gross profit margin is extremely low at 1.98% TTM, suggesting challenges in cost management or pricing strategy.

Balance Sheet

The balance sheet shows a relatively low debt-to-equity ratio of 0.06 TTM, indicating low leverage, which is a positive aspect. However, the return on equity is negative, reflecting the company's inability to generate profits from its equity base. The equity ratio is also low, suggesting limited financial stability.

Cash Flow

Cash flow analysis reveals negative operating and free cash flows, with a declining trend in free cash flow growth. The operating cash flow to net income ratio is zero, indicating that the company is not generating cash from its operations, which is a critical concern for sustainability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	11.88M	11.63M	8.23M	6.48M	7.55M	5.99M
Gross Profit	235.89K	462.57K	902.97K	247.73K	859.85K	300.00K
EBITDA	-11.89M	-20.05M	-10.34M	-13.98M	-20.63M	-10.52M
Net Income	-17.15M	-25.27M	-12.93M	-15.30M	-23.63M	-13.59M
Balance Sheet
Total Assets	20.07M	14.89M	15.51M	16.14M	12.05M	31.09M
Cash, Cash Equivalents and Short-Term Investments	6.48M	181.73K	898.77K	1.91M	1.62M	16.46M
Total Debt	997.24K	4.40M	2.20M	939.00K	4.39M	7.05M
Total Liabilities	3.24M	10.97M	5.81M	6.90M	9.56M	9.81M
Stockholders Equity	16.83M	3.92M	9.71M	9.24M	2.49M	21.28M
Cash Flow
Free Cash Flow	-15.45M	-15.10M	-8.35M	-13.87M	-12.79M	-10.01M
Operating Cash Flow	-15.43M	-15.08M	-8.34M	-13.85M	-12.57M	-9.99M
Investing Cash Flow	-3.17M	-3.36M	-2.27M	-3.56M	-3.12M	-1.53M
Financing Cash Flow	22.57M	17.72M	9.60M	17.57M	1.01M	25.35M

Core AI Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.45
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CHAI, the sentiment is Negative. The current price of 3.45 is below the 20-day moving average (MA) of 4.43, below the 50-day MA of 7.64, and below the 200-day MA of 10.92, indicating a bearish trend. The MACD of -1.22 indicates Negative momentum. The RSI at 31.36 is Neutral, neither overbought nor oversold. The STOCH value of 11.12 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CHAI.

Core AI Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
IZEA	59 Neutral	$83.38M	―	-22.39%	―	12.49%	-30.99%
CCG	52 Neutral	$79.15M	-8.78	―	―	105.31%	95.66%
SEAT	45 Neutral	$108.58M	―	-51.54%	―	-16.83%	-485.31%
BZFD	41 Neutral	$60.37M	―	―	―	―	―
ILLR	39 Underperform	$105.45M	-0.45	―	―	―	―
CHAI	38 Underperform	$73.12M	-0.20	-191.90%	―	49.13%	99.60%

Core AI Holdings Corporate Events

Core AI Holdings Reports Strong Growth and Strategic Expansion Plans

On October 23, 2025, Core AI Holdings, Inc. reported robust user growth and engagement across its mobile gaming portfolio for the first half of 2025, with over 820 million cumulative downloads and an average of 18.4 million monthly active users. The company aims to achieve $300 million in annual revenue within 36 months, leveraging AI-driven insights and strategic partnerships to enhance creativity and accelerate user acquisition. Core AI’s global revenue distribution reflects strong monetization across international markets, with the United States as the largest contributor. The company plans to expand through joint ventures, mergers, and acquisitions, focusing on next-generation cloud computing, AI technologies, and blockchain applications to open new revenue channels.

Core AI Holdings Expands into AI-Driven Media Production with LikeMusic.AI

On October 15, 2025, Core AI Holdings announced its expansion into media production with the launch of LikeMusic.AI, an AI-driven music generation platform. This platform allows users to create high-quality music for various applications, enhancing creative efficiency and content quality. By integrating advanced text-to-music models and optimizing production processes, Core AI aims to position itself at the forefront of AI-driven media production. The platform has already improved Core Gaming’s production efficiency by 40%, reducing reliance on traditional music sourcing and lowering costs, thus strengthening the company’s market position.

Core AI Unveils VoicePix 2.0 with Advanced AI Audio Features

On October 9, 2025, Core AI Holdings, Inc. announced a significant upgrade to its flagship AI-powered music and voice generation platform, VoicePix. The update, VoicePix 2.0, introduces advanced features such as AI Voice Cloning & Synthesis, Text-to-Music & Lyric Generation, and Custom Voice Avatars, enhancing the platform’s ability to deliver human-like expression and production efficiency. This advancement positions Core AI as a leader in applied artificial intelligence, offering substantial opportunities for growth and value creation in the music and voice production industry. The new capabilities are already being utilized in the digital content industry, significantly reducing dubbing time and costs while maintaining high-quality expressive output.