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Damon Inc. (DMN)
NASDAQ:DMN
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Damon
(NASDAQ:DMN)
Rating:18Underperform
Price Target:―
Damon (DMN) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$4.17M
Dividend YieldN/A
Average Volume (3M)202.84M
Price to Earnings (P/E)―
Beta (1Y)2.56
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees16
SectorConsumer Defensive
Sector Strength70
IndustryAuto - Manufacturers
Share Statistics
EPS (TTM)N/A
Shares Outstanding2,450,477,000
10 Day Avg. Volume507,699,498
30 Day Avg. Volume202,836,235
Financial Highlights & Ratios
PEG Ratio-2.40
Price to Book (P/B)-2.04
Price to Sales (P/S)0.00
P/FCF Ratio-2.36
Enterprise Value/Market Cap15.83
Enterprise Value/Revenue74.39
Enterprise Value/Gross Profit440.98
Enterprise Value/Ebitda-1.56
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Damon Business Overview & Revenue Model
Company DescriptionDamon Inc. is a two-wheel technology company that develops and manufactures advanced warning systems for motorcycles, aiming to enhance rider safety through innovations in sensor fusion, robotics, and AI. The company also designs and produces electric motorcycles, including models like HyperFighter and HyperSport. Founded on October 17, 2023, Damon Inc. is headquartered in Vancouver, Canada, with an additional office in San Rafael, California.
How the Company Makes Money
Damon Financial Statement Overview
Summary
Income Statement
Balance Sheet
Cash Flow
| Breakdown | |||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|
| Income Statement | Total Revenue | ||
| 231.80K | 336.56K | 391.85K | 0.00 | Gross Profit |
| 149.50K | 254.48K | 296.63K | 0.00 | EBIT |
| -16.58M | -17.86M | -32.04M | -27.72M | EBITDA |
| 10.13M | -17.79M | -35.16M | -36.15M | Net Income Common Stockholders |
| 7.55M | -21.77M | -37.01M | -36.74M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||
| 788.56K | 6.15M | 2.07M | 8.96M | Total Assets |
| 16.20M | 8.41M | 4.52M | 14.93M | Total Debt |
| 7.06M | 7.12M | 18.15M | 1.46M | Net Debt |
| 6.27M | 972.87K | 16.08M | -7.49M | Total Liabilities |
| 17.18M | 17.65M | 28.99M | 4.23M | Stockholders Equity |
| -974.30K | -50.45M | -24.47M | 10.70M |
| Cash Flow | Free Cash Flow | ||
| -10.65M | -12.87M | -21.09M | -25.88M | Operating Cash Flow |
| -10.65M | -12.87M | -21.08M | -24.44M | Investing Cash Flow |
| 77.27K | 0.00 | -778.68K | -2.71M | Financing Cash Flow |
| 9.45M | 11.20M | 13.83M | 25.28M |
Damon Peers Comparison
Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $8.89B | 14.91 | 4.67% | 6.16% | 3.60% | -2.89% | |
45 Neutral | $22.96M | ― | -213.60% | ― | 19.71% | 99.98% | |
44 Neutral | $2.58M | ― | -3842.15% | ― | 2136.62% | 99.30% | |
42 Neutral | $3.59M | ― | 19.40% | ― | -98.78% | 92.98% | |
39 Underperform | $5.14M | ― | -132.63% | ― | -47.62% | 8.34% | |
28 Underperform | $494.64K | ― | ― | ― | ― | ||
18 Underperform | $4.17M | ― | ― | ― | ― |
* Consumer Defensive Sector Average
Performance Comparison
DMN
Damon
0.01
-1.81
-99.45%
AYRO
AYRO
0.41
-0.43
-51.19%
MULN
Mullen Automotive
2.00
-160,199,968.00
-100.00%
EVTV
Envirotech Vehicles
0.16
-1.60
-90.91%
VLCN
Volcon
5.21
-229.67
-97.78%
ZAPPF
Zapp Electric Vehicles
0.05
-1.74
-97.21%
Damon Corporate Events
Private Placements and FinancingBusiness Operations and Strategy
Damon Inc. Terminates Loan Agreements with Key Partners
Negative
Apr 2, 2025
On March 29, 2025, Damon Inc. announced the termination of several loan agreements with Braebeacon Holdings Inc. and East West Capital, LLC. These agreements, originally dated November 13, 2024, included Note Purchase Agreements, Secured Promissory Notes, Security Agreements, Intellectual Property Security Agreements, and Guarantees. No funds had been received by Damon Inc. under these agreements prior to their termination. The termination extinguishes all rights and obligations under these agreements, impacting the company’s financial arrangements and potentially its future financing strategies.
Private Placements and FinancingBusiness Operations and Strategy
Damon Inc. Reduces Debt with Securities Purchase Agreement
Positive
Mar 14, 2025
Damon Inc. has engaged in a financial transaction under a Securities Purchase Agreement with Streeterville Capital, LLC, receiving $4,400,000 out of a committed $10,000,000. As of March 14, 2025, the company has reduced its outstanding principal balance to $3,158,000, with an additional $53,258 in accrued interest, after issuing 8,133,614 common shares to Streeterville. This transaction impacts the company’s financial operations by decreasing its debt and increasing its common shares to 31,419,728 as of the same date.
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.