Empery Digital (EMPD) AI Stock Analysis

• Market Cap: $334.49M
• Dividend Yield: N/A
• Average Volume (3M): 550.50K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.38
• Revenue Growth: -1.24%
• EPS Growth: 99.95%
• Country: US
• Employees: 35
• Sector: Consumer Cyclical
• Sector Strength: 80
• Industry: Auto - Recreational Vehicles
• EPS (TTM): -7.57
• Shares Outstanding: 47,444,910
• 10 Day Avg. Volume: 1,070,080
• 30 Day Avg. Volume: 550,504
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: -0.03
• Enterprise Value/Revenue: -2.78
• Enterprise Value/Gross Profit: 0.84
• Enterprise Value/Ebitda: 0.40
• 1Y Price Target: $7.00
• Price Target Upside: -2.23% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 41 Neutral
• Price Target: $7.00 ▼(-2.23% Downside)

Empery Digital's overall stock score is primarily impacted by its poor financial performance, characterized by unprofitability and cash flow challenges. Technical analysis suggests bearish momentum, further weighing on the score. While recent corporate events are positive, they do not significantly offset the financial and technical weaknesses.

Empery Digital Business Overview & Revenue Model

Company Description

Empery Digital Inc., previously known as Volcon, Inc., is based in Round Rock, Texas, and originally specialized in electric off-road vehicles such as e-bikes, utility vehicles, and golf carts. In July 2025, the company rebranded as Empery Digital to focus on bitcoin treasury strategy while maintaining its power sports business under the Empery Mobility brand.

How the Company Makes Money

Volcon generates revenue primarily through the sale of its electric off-road vehicles. The company's revenue model is centered on direct sales to consumers and partnerships with dealers who distribute Volcon's products in various markets. Additionally, Volcon may engage in licensing agreements or collaborations with other companies to expand its reach and enhance its product offerings. Revenue streams are driven by consumer demand for eco-friendly transportation solutions and the company's ability to innovate and market its vehicles effectively. Significant factors contributing to Volcon's earnings include its brand presence, marketing strategies, and the development of new models to meet evolving consumer preferences.

Empery Digital Financial Statement Overview

Summary

Empery Digital faces significant financial difficulties, with persistent unprofitability, declining revenues, and cash flow challenges. The company's financial health is strained, with negative margins and poor returns on equity. While leverage is currently low, the limited equity base poses a risk to financial stability.

Income Statement

Empery Digital's income statement reveals significant challenges, with negative gross profit and net profit margins indicating unprofitability. The company has experienced a decline in revenue growth, particularly in the TTM period, which suggests a downward trajectory in sales performance. The EBIT and EBITDA margins are also negative, highlighting operational inefficiencies and cost management issues.

Balance Sheet

The balance sheet shows a relatively low debt-to-equity ratio in the TTM period, indicating manageable leverage. However, the return on equity is negative, reflecting poor profitability relative to shareholder investment. The equity ratio is low, suggesting limited financial stability and a potential risk of insolvency.

Cash Flow

Cash flow analysis indicates negative operating and free cash flows, which are concerning for liquidity. The free cash flow to net income ratio is slightly above 1, suggesting that cash flow generation is somewhat aligned with reported earnings. However, the negative growth in free cash flow and operating cash flow coverage ratio highlight ongoing cash management challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.50M	4.04M	3.26M	4.55M	448.82K	0.00
Gross Profit	-11.56M	-14.13M	-8.13M	-8.87M	-10.06M	-2.52K
EBITDA	-24.20M	-44.11M	-39.48M	-30.78M	-39.45M	-1.36M
Net Income	-25.22M	-45.51M	-45.07M	-34.24M	-40.13M	-1.37M
Balance Sheet
Total Assets	17.94M	6.23M	22.13M	22.73M	14.62M	1.85M
Cash, Cash Equivalents and Short-Term Investments	13.80M	2.19M	7.98M	10.99M	5.57M	536.08K
Total Debt	591.97K	810.89K	31.41M	18.96M	2.31M	824.56K
Total Liabilities	4.12M	6.19M	41.76M	22.09M	8.32M	3.00M
Stockholders Equity	13.82M	40.76K	-19.63M	635.01K	6.30M	-1.14M
Cash Flow
Free Cash Flow	-15.33M	-16.35M	-30.52M	-34.45M	-25.00M	-1.40M
Operating Cash Flow	-15.07M	-16.04M	-29.57M	-33.65M	-24.16M	-1.16M
Investing Cash Flow	-2.25M	-230.31K	-860.72K	-799.41K	-838.03K	-249.04K
Financing Cash Flow	27.06M	10.37M	27.08M	40.41M	30.03M	1.94M

Empery Digital Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 7.16
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EMPD, the sentiment is Negative. The current price of 7.16 is below the 20-day moving average (MA) of 8.36, below the 50-day MA of 9.40, and below the 200-day MA of 14.46, indicating a bearish trend. The MACD of -0.85 indicates Positive momentum. The RSI at 38.96 is Neutral, neither overbought nor oversold. The STOCH value of 38.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for EMPD.

Empery Digital Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$17.59B	13.29	-4.88%	3.05%	1.25%	-14.67%
EVTV	46 Neutral	$7.98M	―	-189.10%	―	2.97%	-11.17%
EMPD	41 Neutral	$334.49M	―	-232.22%	―	-1.24%	99.95%
SBLX	40 Underperform	$4.12M	―	-264.35%	―	-98.22%	49.35%
BINI	38 Underperform	$1.21M	―	-3842.15%	―	5865.42%	99.51%
ZAPPF	28 Underperform	$1.71M	―		―	―	―
DMNIF	18 Underperform	$1.29M	―		―	―	―

Empery Digital Corporate Events

Empery Digital Secures $25M Credit for Buyback

On August 18, 2025, Empery Digital Inc. announced securing a $25 million credit facility to fund its $100 million share repurchase program, with an additional $75 million facility anticipated. This move provides the company with flexibility to repurchase shares below net asset value, aligning with its strategy to increase bitcoin per share. Additionally, Empery Digital amended its share repurchase agreement to reduce fees to 1% and reported acquiring 25.20 BTC, bringing its total holdings to approximately 4,052 BTC.

Empery Digital Acquires More Bitcoin, Launches Dashboard

On August 6, 2025, Empery Digital Inc. announced the acquisition of an additional 87.62 BTC, bringing its total holdings to over 4,000 BTC, valued at approximately $470 million. The company also launched EmperyDigital.com, a dashboard providing real-time updates on its bitcoin holdings and valuation metrics, enhancing transparency and compliance with corporate disclosure principles.

Empery Digital Acquires Additional 110 BTC in August

On August 4, 2025, Empery Digital announced the acquisition of an additional 110 BTC, bringing its total holdings to over 3,913 BTC, purchased for approximately $460 million. This move aligns with the company’s bitcoin treasury strategy adopted on July 17, 2025, positioning Empery Digital as a significant player in the cryptocurrency market, potentially impacting its operations and market standing.