Enigmatig Limited Class A (EGG) AI Stock Analysis

• Market Cap: $109.78M
• Dividend Yield: N/A
• Average Volume (3M): 58.25K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.32
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 15
• Sector: Industrials
• Sector Strength: 72
• Industry: Consulting Services
• EPS (TTM): N/A
• Shares Outstanding: 12,255,200
• 10 Day Avg. Volume: 51,740
• 30 Day Avg. Volume: 58,246
• PEG Ratio: -8.28
• Price to Book (P/B): 105.44
• Price to Sales (P/S): 47.32
• P/FCF Ratio: -309.74
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 55 Neutral
• Price Target: $4.50 ▲(12.22% Upside)

The overall stock score for Enigmatig Limited Class A is primarily influenced by its mixed financial performance, with strong profitability metrics but concerning liquidity and cash flow issues. The technical analysis indicates a bearish trend, and the lack of valuation data adds uncertainty. These factors collectively result in a moderate overall score.

Enigmatig Limited Class A Business Overview & Revenue Model

Company Description

Enigmatig Limited, together with its subsidiaries, provides consulting services for financial institutions in Singapore, Hong Kong and mainland China. The company offers licensing advisory services, such as advising on establishing a business plan, creating operation, risk and compliance manuals, and assisting clients find and negotiating; and corporate secretarial and support services, including filing of regulatory documents, maintaining company registers, compiling articles of incorporation, and coordinating with financial institutions to open new bank accounts and compiling applicable regulatory documentation for establishment of new entities. It also provides management consultancy; client relationship management and software; fintech; and formation or management of international business companies. The company formerly known as Desfran Holdings Limited and changed its name to Enigmatig Limited in April 2024. Enigmatig Limited was founded in 2010 and is headquartered in Singapore.

How the Company Makes Money

Enigmatig Limited Class A generates revenue through multiple streams, primarily from the sale of software licenses for its cybersecurity products and subscription fees for its cloud-based services. The company also offers consulting services to help businesses implement robust security measures, which contributes to its earnings. Additionally, EGG has established strategic partnerships with key players in the tech industry, allowing it to expand its market reach and enhance its product offerings. These collaborations often lead to joint marketing initiatives and bundled service packages that further drive sales.

Enigmatig Limited Class A Financial Statement Overview

Summary

Enigmatig Limited Class A has shown notable improvement in profitability and balance sheet health but faces challenges with liquidity and cash flow. The income statement reflects strong gross and net profit margins and a reduction in leverage, but consistent negative cash flows highlight potential concerns regarding cash management and operational efficiency.

Income Statement

Enigmatig Limited Class A has demonstrated a strong recovery in revenue and profitability over the past two years. The company showed a revenue growth rate of 40.98% from 2022 to 2023 and a subsequent decline of 13.87% from 2023 to 2024, indicating volatility. Gross profit margin improved significantly from 43.61% in 2022 to 67.15% in 2024. Net profit margin increased over the years, reaching 20.69% in 2024. The EBIT margin also rose sharply to 25.77% in 2024, reflecting enhanced operational efficiency. However, the revenue decline in the most recent year poses a potential risk.

Balance Sheet

The company's balance sheet shows a healthy equity ratio of 51.09% as of 2024, indicating a strong equity base relative to total assets. The debt-to-equity ratio improved significantly, dropping to 0.05 in 2024, which suggests reduced leverage and financial risk. However, fluctuating stockholders' equity from negative in 2021 and 2022 to positive in recent years may indicate past financial instability, despite recent improvements. Return on equity was strong at 46.11% in 2024, showing effective use of equity to generate profits.

Cash Flow

Cash flow analysis reveals challenges with consistently negative operating cash flow and free cash flow over several years. Despite a positive free cash flow growth rate in 2024 compared to 2023, the company still showed negative free cash flow in the latest year. The operating cash flow to net income ratio was negative, indicating issues with converting profits into cash flow. These factors suggest potential liquidity challenges and operational cash generation issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	5.50M	3.97M	4.61M	2.82M	1.95M
Gross Profit	4.09M	2.66M	3.13M	1.23M	596.34K
EBITDA	2.44M	1.06M	1.49M	408.32K	-215.08K
Net Income	2.20M	821.19K	1.13M	137.69K	-394.83K
Balance Sheet
Total Assets	5.54M	3.48M	4.03M	2.45M	1.00M
Cash, Cash Equivalents and Short-Term Investments	3.38M	1.59M	2.35M	447.88K	332.87K
Total Debt	1.05M	137.80K	1.14M	883.93K	550.03K
Total Liabilities	2.62M	1.70M	3.21M	2.80M	1.45M
Stockholders Equity	2.92M	1.78M	812.68K	-344.81K	-446.89K
Cash Flow
Free Cash Flow	194.21K	-606.11K	-62.75K	-344.02K	-508.63K
Operating Cash Flow	194.10K	-602.87K	-58.68K	-340.75K	-503.99K
Investing Cash Flow	22.31K	1.93M	451.53K	-3.27K	-4.64K
Financing Cash Flow	208.00	-1.06M	347.33K	477.89K	175.00K

Enigmatig Limited Class A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
OESX	59 Neutral	$31.75M	-3.20	-45.94%	―	-12.77%	23.37%
SIF	57 Neutral	$42.74M	-57.87	-7.07%	―	-17.56%	91.53%
EGG	55 Neutral	$109.78M	―	―	―	―	―
XPON	44 Neutral	$4.31M	-0.05	-35.47%	―	109.37%	99.34%
DFLI	43 Neutral	$97.87M	―	―	―	18.24%	24.49%