Aquis Exchange Plc (AQX) AI Stock Analysis

• Market Cap: £187.29M
• Dividend Yield: N/A
• Average Volume (3M): 40.85K
• Price to Earnings (P/E): 37.7
• Beta (1Y): 0.04
• Revenue Growth: 0.26%
• EPS Growth: -147.90%
• Country: UK
• Employees: 84
• Sector: Financial
• Sector Strength: 81
• Industry: Financial - Data & Stock Exchanges
• EPS (TTM): -0.12
• Shares Outstanding: 27,534,780
• 10 Day Avg. Volume: 19,268
• 30 Day Avg. Volume: 40,855
• PEG Ratio: -0.38
• Price to Book (P/B): 6.52
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 49.50
• 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: 72 Outperform
• Price Target: 796.00p ▲(10.94%Upside)

Aquis Exchange Plc's stock score is primarily driven by strong technical indicators and positive corporate events, such as the acquisition by SIX Exchange Group. While the company shows robust financial management and revenue growth, profitability issues and a negative P/E ratio present significant valuation concerns. The stock remains attractive due to positive market momentum and strategic corporate developments.

Aquis Exchange Plc Business Overview & Revenue Model

Company Description

Aquis Exchange Plc (AQX) is a UK-based company that operates a pan-European cash equities trading venue. It is known for its innovative subscription-based pricing model and operates through various subsidiaries, offering exchange services, data services, and technology solutions. Aquis Exchange aims to provide a more transparent, fair, and efficient trading environment, leveraging its technology-driven platforms to serve a broad range of financial institutions.

How the Company Makes Money

Aquis Exchange Plc generates revenue primarily through its subscription-based pricing model, which charges clients a fixed monthly fee rather than traditional per-transaction fees. This model encourages higher trading volumes by reducing marginal costs for clients, thereby increasing overall liquidity on the platform. Additionally, Aquis Exchange earns money from providing market data services and licensing its proprietary trading technology to other exchanges and financial institutions. Key partnerships with financial institutions and technology providers further enhance its revenue streams by expanding market reach and service offerings.

Aquis Exchange Plc Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
23.89M	23.71M	19.93M	17.18M	11.48M	6.89M
	Gross Profit
7.49M	7.31M	5.69M	5.62M	1.62M	2.42M
	EBIT
5.13M	5.66M	4.67M	3.25M	496.82K	-929.90K
	EBITDA
6.16M	6.37M	5.93M	4.28M	1.53M	-1.71K
	Net Income Common Stockholders
4.97M	5.20M	4.68M	4.65M	981.73K	-656.58K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.99M	14.77M	14.17M	14.05M	12.27M	11.01M
	Total Assets
5.34M	35.30M	30.52M	26.84M	18.81M	16.44M
	Total Debt
0.00	2.98M	3.40M	3.63M	1.19M	1.38M
	Net Debt
-3.99M	-11.78M	-10.77M	-10.42M	-11.08M	-9.63M
	Total Liabilities
459.24K	6.93M	7.14M	7.21M	3.81M	2.69M
	Stockholders Equity
4.88M	28.38M	23.38M	19.63M	15.01M	13.75M
Cash Flow		Free Cash Flow
3.94M	2.61M	2.50M	2.46M	1.66M	-426.71K
	Operating Cash Flow
4.58M	4.10M	4.05M	3.13M	2.42M	644.91K
	Investing Cash Flow
-2.35M	-1.70M	-1.55M	-670.41K	-1.02M	-1.07M
	Financing Cash Flow
-1.78M	-1.69M	-2.24M	-760.29K	-141.18K	-182.79K

Aquis Exchange Plc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 717.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:AQX, the sentiment is Positive. The current price of 717.5 is below the 20-day moving average (MA) of 717.63, above the 50-day MA of 711.90, and above the 200-day MA of 598.61, indicating a neutral trend. The MACD of 1.53 indicates Positive momentum. The RSI at 68.73 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:AQX.

Aquis Exchange Plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IGG	80 Outperform	£3.93B	11.55	19.85%	4.12%	6.34%	30.64%
PLUS	80 Outperform	£2.48B	12.30	40.24%	5.03%	2.95%	9.84%
LSEG	77 Outperform	£61.22B	90.09	2.93%	1.13%	6.19%	-13.58%
OSB	77 Outperform	£1.78B	6.27	13.70%	6.97%	18.67%	17.42%
CMCX	76 Outperform	£757.78M	8.91	21.94%	3.83%	44.51%	739.67%
AQX	72 Outperform	£187.29M	37.67	-9.09%	―	0.26%	-147.90%
Sector *	64 Neutral	$12.67B	9.74	7.58%	17015.08%	12.21%	-6.96%

Aquis Exchange Plc Corporate Events

Aquis Exchange PLC Acquisition by SIX Exchange Group Nears Completion

Aquis Exchange PLC has announced that all necessary antitrust and regulatory conditions have been satisfied for its acquisition by SIX Exchange Group AG. The acquisition, structured as a scheme of arrangement, is expected to be completed by July 1, 2025, pending final court approval. This acquisition marks a significant step for Aquis, potentially enhancing its market positioning and operational capabilities within the financial services sector. Stakeholders can expect the suspension of Aquis shares trading on AIM and the Aquis Stock Exchange starting July 1, 2025, with trading admissions being canceled by July 2, 2025.

The most recent analyst rating on (GB:AQX) stock is a Buy with a £960.00 price target. To see the full list of analyst forecasts on Aquis Exchange Plc stock, see the GB:AQX Stock Forecast page.

Aquis Exchange PLC Successfully Passes All AGM Resolutions

Aquis Exchange PLC announced that all resolutions were successfully passed at its recent Annual General Meeting. This development underscores the company’s stable governance and may bolster its position in the financial markets, potentially impacting stakeholders positively by reinforcing confidence in its strategic direction.

The most recent analyst rating on (GB:AQX) stock is a Buy with a £960.00 price target. To see the full list of analyst forecasts on Aquis Exchange Plc stock, see the GB:AQX Stock Forecast page.

Aquis Exchange PLC Issues Share Options to Executive Directors

Aquis Exchange PLC has announced the issuance of 61,000 share options to its executive directors under a restricted share plan, with options granted to CEO David Stevens and CFO/COO Richard Fisher. These options, exercisable at a nominal value of 10p, will vest in three years with a two-year holding period, reflecting the company’s commitment to aligning executive incentives with long-term performance. This move is part of Aquis’s broader strategy to strengthen its leadership team and enhance its market position, potentially impacting stakeholders by reinforcing confidence in the company’s governance and future growth prospects.

Aquis Exchange PLC Publishes Annual Report and Announces AGM

Aquis Exchange PLC has published its Annual Report and Accounts for the year ending December 31, 2024, and announced its upcoming Annual General Meeting (AGM) scheduled for May 19, 2025, in London. Shareholders are encouraged to attend in person or vote by proxy and can submit questions in advance. This announcement underscores Aquis’s commitment to shareholder engagement and transparency, potentially strengthening its market position and stakeholder relations.

Aquis Exchange Reports 2024 Results Amid Acquisition by SIX Exchange Group

Aquis Exchange PLC reported its financial results for 2024, showing a slight increase in gross revenue despite economic challenges. The company achieved key strategic milestones across its divisions, with growth in market share and data revenues, although net revenue and profit before tax declined. Aquis is set to be acquired by SIX Exchange Group AG, with the transaction expected to complete in Q2 2025, pending regulatory approvals. The acquisition is anticipated to accelerate Aquis’ development and enhance its market position.