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FOXO Technologies (FOXO)
:FOXO
US Market

FOXO Technologies (FOXO) AI Stock Analysis

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FOXO Technologies

(NYSE MKT:FOXO)

36Underperform
FOXO Technologies faces significant financial challenges, including ongoing losses and high leverage, which weigh heavily on its overall stock score. Technical analysis suggests bearish trends, while valuation metrics highlight profitability issues. However, recent corporate actions offer some optimism for future stability and growth.

FOXO Technologies (FOXO) vs. S&P 500 (SPY)

FOXO Technologies Business Overview & Revenue Model

Company DescriptionFOXO Technologies Inc., a technology platform company, focuses on commercializing longevity science through products and services that serve the life insurance industry. The company is developing products and services that combine longevity science with life insurance to support the consumer health and wellness engagement, and to simplify the consumer underwriting journey. It offers FOXO Labs, a services platform that integrates saliva-based epigenetic biomarkers into accelerated underwriting protocols to improve the customer underwriting journey; and FOXO Life, an insurance products platform that offers proprietary life insurance products and third-party life insurance carrier products based on bundling longevity science with life insurance. The company was founded in 2019 and is based in Minneapolis, Minnesota.
How the Company Makes MoneyFOXO Technologies generates revenue through the commercialization of its proprietary DNA methylation technology. The company partners with life insurance companies to integrate its epigenetic biomarkers into underwriting processes, offering enhanced risk assessment tools that improve the precision of life expectancy predictions. Additionally, FOXO explores opportunities in the health and wellness industry by providing personalized health insights based on epigenetic data, which can be used for preventive healthcare and lifestyle optimization. Significant factors contributing to FOXO's earnings include strategic collaborations with industry leaders and the ongoing development of novel applications for its technology in various sectors.

FOXO Technologies Financial Statement Overview

Summary
FOXO Technologies shows revenue growth but remains unprofitable, with negative net income and high operational costs. The balance sheet reveals financial instability, evidenced by negative equity and reliance on external financing. Cash flow statements indicate heavy dependence on financing activities, posing a risk if such funding becomes unavailable.
Income Statement
30
Negative
FOXO Technologies has shown some revenue growth from 2020 to TTM 2024, yet the company remains unprofitable with consistently negative net income and EBIT margins. The gross profit margin is positive, but high operational costs continue to drive significant net losses. Net profit margin remains deeply negative, indicating challenges in cost management and profitability.
Balance Sheet
20
Very Negative
The balance sheet reflects financial instability, with negative stockholders' equity in recent periods, indicating more liabilities than assets. The debt-to-equity ratio is not applicable due to negative equity, highlighting potential solvency issues. The equity ratio is negative, suggesting high leverage and potential risk in financial sustainability.
Cash Flow
25
Negative
Cash flow statements show negative free cash flow, although there is a slight improvement in operating cash flow in the TTM period. However, the company relies heavily on financing activities for liquidity, which could pose risks if external financing becomes unavailable. Free cash flow to net income and operating cash flow to net income ratios indicate reliance on external funding due to negative net income.
Breakdown
TTMDec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
1.41M145.00K511.00K120.00K63.00K
Gross Profit
766.00K13.00K167.00K120.00K63.00K
EBIT
-7.46M-22.19M-30.08M-15.03M-8.73M
EBITDA
-6.69M-24.25M-92.09M-37.04M-7.66M
Net Income Common Stockholders
-9.47M-26.45M-148.90M-40.01M-8.59M
Balance SheetCash, Cash Equivalents and Short-Term Investments
2.15M38.00K5.51M6.86M8.12M
Total Assets
9.87M725.00K35.41M30.30M9.42M
Total Debt
3.37M4.20M3.14M32.20M0.00
Net Debt
1.21M4.17M-2.38M25.35M-8.12M
Total Liabilities
9.90M14.82M28.70M55.52M704.00K
Stockholders Equity
-30.00K-14.10M6.71M-25.22M8.72M
Cash FlowFree Cash Flow
-1.85M-6.64M-25.63M-15.30M-7.06M
Operating Cash Flow
274.64K-6.64M-23.76M-15.05M-7.04M
Investing Cash Flow
-92.92M0.00-1.87M-355.00K-420.00K
Financing Cash Flow
93.12M1.17M24.29M14.14M14.14M

FOXO Technologies Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.12
Price Trends
50DMA
0.19
Negative
100DMA
0.32
Negative
200DMA
0.25
Negative
Market Momentum
MACD
-0.02
Positive
RSI
30.86
Neutral
STOCH
6.62
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FOXO, the sentiment is Negative. The current price of 0.12 is below the 20-day moving average (MA) of 0.15, below the 50-day MA of 0.19, and below the 200-day MA of 0.25, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 30.86 is Neutral, neither overbought nor oversold. The STOCH value of 6.62 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FOXO.

FOXO Technologies Risk Analysis

FOXO Technologies disclosed 52 risk factors in its most recent earnings report. FOXO Technologies reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

FOXO Technologies Peers Comparison

Overall Rating
UnderperformOutperform
Sector (48)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
68
Neutral
$995.45M17.4519.46%19.07%
67
Neutral
$19.12B-19.42%56.75%59.77%
53
Neutral
$8.04B-37.09%10.37%-389.98%
51
Neutral
$810.82M-17.15%12.15%61.33%
GHGH
49
Neutral
$5.26B-4584.47%31.04%16.91%
48
Neutral
$6.86B1.11-51.04%2.47%16.66%1.53%
36
Underperform
$3.91M54.10%-52.07%91.91%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
FOXO
FOXO Technologies
0.12
-0.23
-65.71%
EXAS
Exact Sciences
43.45
-30.29
-41.08%
MYGN
Myriad Genetics
8.84
-11.16
-55.80%
CDNA
CareDx
17.70
7.75
77.89%
NTRA
Natera
140.65
48.74
53.03%
GH
Guardant Health
42.47
21.68
104.28%

FOXO Technologies Corporate Events

M&A TransactionsBusiness Operations and StrategyFinancial Disclosures
FOXO Technologies Reports Turnaround and Growth Plans
Positive
Jan 28, 2025

On January 28, 2025, FOXO Technologies Inc. reported significant achievements in late 2024, including a comprehensive turnaround that improved shareholders’ equity by over $21 million through debt restructuring. The company plans to expand its healthcare services and monetize its epigenetics division in 2025, while seeking further acquisitions to enhance shareholder value.

Private Placements and FinancingBusiness Operations and Strategy
FOXO Technologies Restructures Debt with Note Conversion
Neutral
Jan 27, 2025

On October 18, 2024, FOXO Technologies Inc. received approval from a majority of holders of its 15% Senior Promissory Notes to amend the terms, allowing for the automatic exchange of these notes into Series B Cumulative Convertible Redeemable Preferred Stock upon stockholder approval. The automatic exchange was completed on January 22, 2025, resulting in the issuance of 3,457.5 shares of Series B Preferred Stock and the cancellation of the Senior PIK Notes, marking a significant shift in the company’s financial structure.

M&A TransactionsShareholder MeetingsBusiness Operations and Strategy
FOXO Technologies Special Shareholder Meeting Announcement
Positive
Jan 16, 2025

On January 16, 2025, FOXO Technologies announced the details of a Special Meeting of its Shareholders scheduled for January 17, 2025. The meeting follows the filing of a Definitive Proxy Statement and aims to fulfill obligations from recent acquisition agreements, which the company believes will lay the foundation for future growth.

Shareholder MeetingsBusiness Operations and Strategy
FOXO Technologies Announces Special Shareholder Meeting
Positive
Jan 7, 2025

FOXO Technologies Inc. has announced a special meeting for its shareholders on January 17, 2025, to seek approval for several proposals, including the issuance of shares of Class A Common Stock and possible changes in control as per NYSE American rules. The company’s CEO, Seamus Lagan, emphasizes the importance of these proposals in facilitating growth and increasing shareholder value, with a focus on revenue generation and potential acquisition opportunities.

Shareholder MeetingsBusiness Operations and Strategy
FOXO Technologies Plans Virtual 2024 Annual Meeting
Positive
Dec 23, 2024

FOXO Technologies Inc. announced that its 2024 Annual General Meeting of Shareholders will be held virtually on December 31, 2024. The meeting will allow shareholders to vote on proposals and approve directors and auditors, highlighting a transformative year where the company addressed listing requirements and acquired significant revenue-generating businesses to support future growth.

Delistings and Listing ChangesPrivate Placements and FinancingRegulatory Filings and Compliance
FOXO Technologies Regains NYSE Compliance with Equity Boost
Positive
Dec 16, 2024

FOXO Technologies Inc. announced that it has regained compliance with NYSE American’s continued listing requirements by increasing its stockholders’ equity to over $4 million through recent transactions. The company achieved this by exchanging debt for equity involving various stakeholders and aims to eliminate the risk of delisting, enhancing its stability and commitment to shareholder growth.

Delistings and Listing ChangesExecutive/Board ChangesPrivate Placements and FinancingBusiness Operations and StrategyRegulatory Filings and Compliance
FOXO Technologies Strengthens Financials and Leadership
Positive
Dec 11, 2024

FOXO Technologies Inc. announced the completion of restructuring and capital raising transactions aimed at enhancing its financial standing and compliance with NYSE American listing standards. The company reduced liabilities and increased stockholders’ equity by $26.4 million, which is expected to eliminate the risk of potential delisting, and appointed Seamus Lagan as the new Chief Executive Officer to lead its growth strategy.

Executive/Board ChangesPrivate Placements and Financing
FOXO Technologies Restructures Finances and Leadership
Positive
Dec 10, 2024

FOXO Technologies announced a significant financial restructuring involving the exchange of $21 million in debt for preferred stock, resulting in a boost of shareholder equity. Alongside this, the company undertook leadership changes, with Seamus Lagan appointed as CEO and Mark White assuming roles within the subsidiary FOXO Labs, while also managing strategic settlements to address outstanding liabilities, further increasing equity by $3 million.

Private Placements and FinancingShareholder MeetingsStock Split
FOXO Technologies Approves Key Financial Measures
Positive
Dec 2, 2024

FOXO Technologies Inc. held a Special Meeting of Shareholders on November 29, 2024, where several key proposals were approved, including a potential reverse stock split and debt-to-equity exchanges. These measures aim to stabilize the company’s stock price and strengthen its financial standing. The company also secured a $5 million equity line of credit to support its business objectives. With nearly 94% shareholder participation, FOXO’s leadership is optimistic about creating substantial value for investors.

Shareholder Meetings
FOXO Technologies Plans Special Shareholder Meeting
Neutral
Nov 25, 2024

FOXO Technologies Inc. is set to hold its Special Meeting of Shareholders on November 29, 2024, where shareholders can vote on key proposals either online or through virtual attendance. The company, which operates in biotechnology and health services, is keen on shareholder support as it navigates a transformative year. FOXO’s forward-looking statements, however, come with uncertainties due to regulatory and market conditions.

Delistings and Listing ChangesPrivate Placements and FinancingShareholder MeetingsStock Split
FOXO Technologies Plans Special Shareholder Meeting in 2024
Neutral
Nov 18, 2024

FOXO Technologies Inc. has scheduled a Special Meeting of Shareholders on November 29, 2024, to vote on key proposals aimed at maintaining its NYSE American listing and supporting its financial strategies. These include a potential reverse stock split, debt-to-equity conversions, and new funding agreements. The company seeks shareholder approval to enhance its financial stability and growth prospects, amidst a challenging market environment.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.