Jade Road Investments (JADE) AI Stock Analysis

• Market Cap: £443.01K
• Dividend Yield: N/A
• Average Volume (3M): 0.00
• Price to Earnings (P/E): ―
• Beta (1Y): 1.22
• Revenue Growth: -96.59%
• EPS Growth: 93.69%
• Country: UK
• Employees: 6
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): N/A
• Shares Outstanding: 2,410,224
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: 0.07
• Price to Book (P/B): -10.28
• Price to Sales (P/S): -758.82
• P/FCF Ratio: -20.92
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 40 Underperform
• Price Target: 1.00p ▼(-13.04% Downside)

The score is driven primarily by very weak financial performance (losses, negative equity, and poor cash generation) and highly bearish technical momentum (well below major moving averages with negative MACD). Valuation provides little support because the negative P/E reflects ongoing losses and there is no dividend yield data.

Positive Factors

Sector Focus

A concentrated investment mandate in technology, healthcare, and renewables targets structurally growing end markets across Asia-Pacific. This durable sector exposure can drive multi-year returns as underlying demand, innovation adoption, and policy support in these areas remain secular trends.

Fee-based Revenue Model

A business model that combines management fees with carried interest and advisory fees creates recurring fee revenue and upside participation. Over time, steady management fees provide baseline cash flow while successful exits amplify long-term profitability for investors and the firm.

Partnerships and Co-investments

Local partnerships and co-investments improve deal sourcing, local market access, and risk-sharing, enhancing long-term portfolio construction. These structural relationships can sustain competitive advantages in origination and operational support across diverse Asia-Pacific markets.

Negative Factors

Declining Revenue and Negative Margins

Sustained revenue decline and persistent negative margins indicate core business model stress and operational inefficiency. Over months, absent structural revenue recovery or margin improvement, the firm’s ability to invest, retain talent, and realize carried interest from exits is materially constrained.

Negative Equity and Worsening Leverage

Negative shareholder equity and rising leverage signal capital erosion and elevated solvency risk. This structural weakness reduces financial flexibility, increases refinancing risk, and can limit the firm’s ability to pursue deals or support portfolio companies over a multi-month horizon.

Weak Operating Cash Flow

Persistent negative operating and free cash flow undermine the firm’s capacity to fund operations, cover fees, or seed new investments without external capital. Temporary upticks from a low base do not substitute for sustainable cash generation required to support growth and operations.

Jade Road Investments Business Overview & Revenue Model

Company Description

Jade Road Investments Limited is a private equity and venture capital firm specializing in growth, development and acquisition capital investment in the form of equity or quasi-equity. It also does recapitalizations, debt restructurings, buybacks of shares, asset spin-offs and corporate reorganizations investments. The firm also invests in publicly traded or 'over the counter' traded equity or credit securities. It seeks to invests in emerging and established small and medium-Sized enterprises (SMEs) throughout Asia. The firm will be sector agnostic in its investment activities. The company was formerly known as Adamas Finance Asia Limited and changed its name to Jade Road Investments Limited in January 2021. Jade Road Investments Limited was incorporated in 2008 and is headquartered in Central, Hong Kong.

How the Company Makes Money

Jade Road Investments generates revenue primarily through its investment activities, which include capital gains from the appreciation of its portfolio companies and management fees charged to its investors. The company typically earns a percentage of the profits generated by its investments, commonly referred to as carried interest. Additionally, JADE may receive advisory fees for providing strategic guidance to its portfolio companies. Significant partnerships with local firms and co-investment opportunities also enhance its revenue potential by allowing JADE to leverage additional resources and expertise in various markets.

Jade Road Investments Financial Statement Overview

Summary

Jade Road Investments faces significant financial difficulties across all verticals. The company struggles with declining revenues, negative profitability, high leverage, and poor cash flow management. These factors collectively indicate a precarious financial position with substantial risks.

Income Statement

The income statement reveals significant challenges, with consistently negative revenue and profitability metrics. The company has experienced declining revenue over the years, with a recent sharp drop in revenue growth rate. Margins are negative, indicating operational inefficiencies and a lack of profitability.

Balance Sheet

The balance sheet shows a concerning financial structure with negative stockholders' equity and high leverage in recent years. The debt-to-equity ratio has worsened, indicating increased financial risk. Return on equity is negative, reflecting poor returns for shareholders.

Cash Flow

Cash flow analysis highlights severe issues, with negative operating and free cash flows. Although there was a significant increase in free cash flow growth recently, it stems from a low base and does not indicate sustainable improvement. The cash flow to net income ratios are negative, suggesting cash flow challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	27.89K	-11.00K	-15.97M	-45.62M	-37.82M	3.88M
Gross Profit	0.00	-411.00K	-16.55M	-46.14M	-38.34M	3.43M
EBITDA	-299.37K	-1.24M	-17.72M	-52.90M	-38.42M	1.64M
Net Income	-1.58M	-1.24M	-17.72M	-52.90M	-38.42M	1.64M
Balance Sheet
Total Assets	37.00K	53.00K	4.89M	20.32M	72.61M	111.49M
Cash, Cash Equivalents and Short-Term Investments	18.24K	27.00K	577.00K	321.00K	848.00K	3.67M
Total Debt	436.38K	201.00K	3.84M	3.86M	3.57M	3.50M
Total Liabilities	1.20M	865.00K	4.83M	5.19M	4.58M	3.50M
Stockholders Equity	-847.23K	-812.00K	52.00K	15.12M	68.03M	106.45M
Cash Flow
Free Cash Flow	-389.31K	-399.00K	-1.77M	-1.48M	-2.36M	-3.91M
Operating Cash Flow	-389.31K	-399.00K	-1.77M	-1.48M	-2.36M	-3.91M
Investing Cash Flow	-22.69K	481.00K	-500.00K	1.20M	-1.00K	-207.00K
Financing Cash Flow	385.95K	-132.00K	2.03M	-228.00K	-459.00K	3.67M

Jade Road Investments Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.15
• 50DMA: Neutral
• 100DMA: Neutral
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:JADE, the sentiment is Negative. The current price of 1.15 is below the 20-day moving average (MA) of 115.00, below the 50-day MA of 115.00, and below the 200-day MA of 118.70, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 32.07 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:JADE.

Jade Road Investments Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
BSFA	56 Neutral	£3.53M	-1.92	-46.41%	―	-64.18%	12.05%
VOX	52 Neutral	£252.00K	―	―	―	―	―
WSL	52 Neutral	£1.06M	-125.00	―	―	―	―
TRUE	48 Neutral	£1.88M	-1.49	-32.31%	―	-100.66%	84.15%
JADE	40 Underperform	£443.01K	-0.43	―	―	-96.59%	93.69%

Jade Road Investments Corporate Events

Jade Road Investments Secures Shareholder Approval for All General Meeting Resolutions

Jade Road Investments Limited announced that shareholders at its General Meeting on 8 January 2026 approved all resolutions presented to them. Detailed voting results will be made available on the company’s investor relations website, confirming full shareholder backing for the measures proposed in the previously circulated meeting documents.

The most recent analyst rating on (GB:JADE) stock is a Sell with a £1.00 price target. To see the full list of analyst forecasts on Jade Road Investments stock, see the GB:JADE Stock Forecast page.

Jade Road Converts £250,000 Loan Notes Into New Equity Ahead of AIM Trading Resumption

Jade Road Investments has issued a conversion notice to Woollard & Hall Ltd for the conversion of £250,000 of convertible loan notes, constituted on 7 February 2025, into 2,500,000 ordinary shares at a price of £0.10 per share, with the conversion scheduled for 30 December 2025. As the company’s shares are currently suspended from trading, an application will be made for admission of the new conversion shares to AIM once trading resumes, at which point Jade Road’s total voting rights will rise to 241,022,365, setting a new reference figure for shareholders’ disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:JADE) stock is a Sell with a £1.00 price target. To see the full list of analyst forecasts on Jade Road Investments stock, see the GB:JADE Stock Forecast page.

Jade Road Plans Share Consolidation and Capital Expansion to Back Tech-Focused Strategy

Jade Road Investments has called a General Meeting for 8 January 2026 to seek shareholder approval for a share combination and a substantial increase in its authorised share capital, moves aimed at facilitating a planned fundraising to support its new technology-focused strategy. The company will consolidate every 100 existing ordinary shares into a single new share, resulting in 2,385,209 combined shares in issue and a new ISIN and SEDOL, while also proposing to raise its authorised share capital up to 1.5 billion ordinary shares to create sufficient headroom for future equity issuance and incoming investors, which may materially expand its capacity to deploy capital into mid to late-stage tech investments and reshape its shareholder base.

The most recent analyst rating on (GB:JADE) stock is a Sell with a £1.00 price target. To see the full list of analyst forecasts on Jade Road Investments stock, see the GB:JADE Stock Forecast page.

Jade Road Investments Appoints Nicolas Vassaux to Board

Jade Road Investments Limited has announced the appointment of Nicolas Vassaux to its board following the completion of due diligence checks. Vassaux, who holds significant shares in NOIA Capital, a major shareholder of JADE, brings extensive experience from his roles in various companies, potentially strengthening JADE’s strategic positioning and governance.

The most recent analyst rating on (GB:JADE) stock is a Sell with a £1.00 price target. To see the full list of analyst forecasts on Jade Road Investments stock, see the GB:JADE Stock Forecast page.

Jade Road Investments Alters Board Appointment Plans

Jade Road Investments Limited has announced a change in its board appointment plans. The company revealed that NOIA will not proceed with transferring 50% of the Subscription Shares to Accrete Capital SPV, resulting in Mr. Ali Shekofti not joining the board. This decision could impact the company’s strategic direction and stakeholder relations.

The most recent analyst rating on (GB:JADE) stock is a Sell with a £1.00 price target. To see the full list of analyst forecasts on Jade Road Investments stock, see the GB:JADE Stock Forecast page.