Altitude (ALT) AI Stock Analysis

• Market Cap: £17.86M
• Dividend Yield: N/A
• Average Volume (3M): 61.85K
• Price to Earnings (P/E): 24.7
• Beta (1Y): 0.03
• Revenue Growth: 15.82%
• EPS Growth: 37.50%
• Country: UK
• Employees: 111
• Sector: Technology
• Sector Strength: 87
• Industry: Software - Application
• EPS (TTM): <0.01
• Shares Outstanding: 72,914,180
• 10 Day Avg. Volume: 33,050
• 30 Day Avg. Volume: 61,849
• PEG Ratio: -1.30
• Price to Book (P/B): 1.45
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 7.97
• 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: N/A
• Number of Analyst Covering: 0

• Rating: 75 Outperform
• Price Target: ―

Altitude Group's strong financial base and positive corporate events drive its overall score. While technical analysis shows neutral trends, the company's moderate valuation and leadership confidence offer a promising outlook.

Altitude Business Overview & Revenue Model

Company Description

Altitude Group plc provides technology and information solutions in North America and the United Kingdom. The company offers patented technology platform to its network with a built-in supply chain, as well as combines an e-commerce trading platform with a cloud-based CRM and order management system for business intelligence requirements; e-commerce website solutions with in-built patented online designer and pre-loaded product databases; patented online design solutions; and virtual sample services that allow personalized design on a product with imprint technique. It also provides software services, events and exhibitions, catalogues, artwork services, marketing and business administration services to distributors. The company was incorporated in 2004 and is headquartered in Sheffield, the United Kingdom.

How the Company Makes Money

Altitude makes money through a subscription-based revenue model, where clients pay recurring fees for access to its cloud services and platforms. Key revenue streams include fees for computing power, storage solutions, and data analytics tools, which are charged on a pay-as-you-go basis or through tiered subscription plans. The company also generates revenue through strategic partnerships with enterprise clients and technology providers, offering custom solutions and integration services. Additionally, Altitude leverages its expertise in artificial intelligence and machine learning to offer premium analytics services, which contribute significantly to its earnings.

Altitude Financial Statement Overview

Summary

Altitude shows strong financial performance with notable revenue growth and solid equity stability. However, there is room for improvement in profitability margins and cash flow generation.

Income Statement

Altitude has demonstrated strong revenue growth, with a 28% increase from the previous year. The gross profit margin stands at approximately 43.2%, indicating effective cost management. However, the net profit margin is relatively low at 2.9%, suggesting room for improvement in profitability. The EBITDA margin is healthy at 5.8%, but EBIT margins are thin due to operating expenses.

Balance Sheet

The company maintains a solid equity base with an equity ratio of 73.6%, showcasing financial stability. The debt-to-equity ratio is low at 0.036, highlighting minimal leverage risk. Return on equity improved to 6.5%, reflecting enhanced profitability and efficient use of equity.

Cash Flow

Altitude's cash flow from operations is robust, with a strong operating cash flow to net income ratio of 3.06. Free cash flow has decreased by 24% year-over-year, indicating potential challenges in cash generation. However, the free cash flow to net income ratio remains positive at 0.49, suggesting adequate cash flow management.

Breakdown	Mar 2024	Mar 2023	Mar 2021	Mar 2022	Mar 2020
Income Statement
Total Revenue	24.01M	18.76M	7.71M	11.94M	6.65M
Gross Profit	10.37M	8.61M	5.58M	6.15M	4.75M
EBITDA	1.40M	1.34M	-196.00K	960.00K	-473.60K
Net Income	697.00K	390.00K	-1.09M	97.00K	-4.58M
Balance Sheet
Total Assets	14.49M	13.86M	11.09M	11.29M	13.30M
Cash, Cash Equivalents and Short-Term Investments	1.22M	1.17M	2.10M	902.00K	2.35M
Total Debt	383.00K	386.00K	665.00K	690.00K	863.00K
Total Liabilities	3.83M	4.43M	3.30M	3.18M	4.21M
Stockholders Equity	10.66M	9.43M	7.79M	8.11M	9.09M
Cash Flow
Free Cash Flow	338.00K	445.00K	-569.00K	-1.08M	-3.21M
Operating Cash Flow	2.13M	1.55M	90.00K	-227.00K	-2.25M
Investing Cash Flow	-1.80M	-1.10M	-338.00K	-852.00K	-3.98M
Financing Cash Flow	-257.00K	-225.00K	-7.00K	-164.00K	8.15M

Altitude Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 24.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:ALT, the sentiment is Positive. The current price of 24.5 is above the 20-day moving average (MA) of 24.01, above the 50-day MA of 22.56, and below the 200-day MA of 26.26, indicating a neutral trend. The MACD of 0.71 indicates Positive momentum. The RSI at 63.87 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:ALT.

Altitude Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ALT	75 Outperform	£17.86M	24.75	6.94%	―	15.82%	37.50%
Sector *	63 Neutral	£566.00M	24.41	-6.00%	2.49%	3.52%	-29.29%
CKT	57 Neutral	£16.74M	―	-28.02%	―	17.50%	20.14%
BIRD	49 Neutral	£11.71M	―	-28.72%	―	-17.02%	10.29%
PEN	48 Neutral	£11.89M	―	-28.36%	―	-11.33%	-139.92%
TEK		£17.75M	0.95	32.40%	―	―	―
CRDL	61 Neutral	£15.73M	―	-26.44%	―	17.06%	-78.26%

Altitude Corporate Events

Altitude Group Announces Director Share Dealings and Voting Rights Update

Altitude Group plc announced recent director dealings involving its ordinary shares. CFO Graham Feltham exercised options for 444,444 shares, increasing his holding to 0.96% of the company’s share capital. Additionally, Non-Executive Director Peter Hallett transferred 741,764 shares to his wife without altering his beneficial holding. The new shares from the option exercise will be admitted to trading on AIM, bringing the total voting rights to 72,914,174. This development may influence shareholder calculations regarding their interests in the company’s share capital.

Spark’s Take on GB:ALT Stock

According to Spark, TipRanks’ AI Analyst, GB:ALT is a Outperform.

Altitude Group shows robust financial performance and positive corporate developments, supporting a strong growth outlook. However, thin profitability margins and a high valuation relative to peers suggest caution is warranted despite the positive market momentum.

To see Spark’s full report on GB:ALT stock, click here.

Altitude Group CEO Increases Stake with Share Purchase

Altitude Group plc announced that its CEO, Nichole Stella, has purchased 50,000 ordinary shares in the company, increasing her total holding to approximately 2.36% of the company’s issued share capital. This transaction reflects a significant vote of confidence in the company’s future prospects by its leadership, potentially impacting stakeholder perceptions and market positioning.

Altitude Group CEO Increases Stake with Share Purchase

Altitude Group plc announced that its CEO, Nichole Stella, has purchased 50,000 ordinary shares of the company, increasing her total holding to approximately 2.36% of the company’s issued share capital. This transaction highlights the CEO’s confidence in the company’s future prospects and may positively influence stakeholder perception and investor confidence.

Altitude Group PLC Reports Strong Growth and Major University Contract Wins

Altitude Group PLC has announced a significant trading update for the year ending 31 March 2025, projecting a revenue increase of up to 20.8% compared to the previous year, despite challenges such as currency exchange impacts and market softness due to US tariffs. A major highlight is the award of seven new university contracts, including a $4 million annual contract, boosting the Gear Shop division’s expected revenues significantly. The company continues to diversify its market presence, with the Gear Shop’s growth and new contracts positioning it for future expansion, even amidst short-term uncertainties.

Altitude Group Announces Change of Registered Office

Altitude Group plc has announced a change in its registered office address to C/O Almond CS Limited, 11 York Street, Manchester, effective from 28 March 2025. This move may reflect strategic operational adjustments and could potentially impact the company’s logistical or administrative functions, offering new opportunities for stakeholder engagement.

Altitude Group Executives Increase Shareholdings, Signaling Confidence

Altitude Group plc announced that its CEO Nichole Stella, CFO Graham Feltham, and COO Deborah Wilkinson have purchased additional ordinary shares in the company. This move signifies confidence in the company’s future prospects and could positively impact stakeholder perceptions, reinforcing the leadership’s commitment to the company’s growth and stability.

Altitude Group Appoints Alexander Brennan as Non-Executive Chairman

Altitude Group PLC has appointed Alexander Brennan as the new independent Non-Executive Chairman, replacing David Smith who stepped down due to other commitments. Brennan brings extensive experience in technology and international business growth, which is expected to support Altitude’s next phase of scalability and expansion, enhancing shareholder value.