Access Intelligence (PULS) AI Stock Analysis

• Market Cap: £50.85M
• Dividend Yield: N/A
• Average Volume (3M): 79.69K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.10
• Revenue Growth: -1.09%
• EPS Growth: -6.65%
• Country: UK
• Employees: 941
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): -0.05
• Shares Outstanding: 135,593,480
• 10 Day Avg. Volume: 34,889
• 30 Day Avg. Volume: 79,687
• PEG Ratio: 0.68
• Price to Book (P/B): 1.77
• Price to Sales (P/S): 1.22
• P/FCF Ratio: -10.71
• 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: 47 Neutral
• Price Target: 35.00p ▼(-2.78% Downside)

Access Intelligence faces significant challenges with profitability and cash flow, as reflected in its financial performance score. Technical analysis indicates bearish momentum, with the stock trading below key moving averages. The valuation is unattractive due to a negative P/E ratio and no dividend yield. These factors collectively contribute to a low overall stock score.

Positive Factors

Gross Margin Strength

A strong gross margin indicates efficient cost management in production, providing a buffer against revenue fluctuations and supporting long-term profitability.

Low Leverage

Low leverage enhances financial stability, reducing risk and providing the company with greater flexibility to invest in growth opportunities without excessive debt burden.

Recurring Revenue Model

A subscription-based revenue model ensures consistent cash flow and customer retention, enhancing predictability and stability in financial performance over time.

Negative Factors

Profitability Challenges

Persistent profitability issues suggest difficulties in cost management and revenue generation, potentially limiting reinvestment in business growth and innovation.

Cash Flow Constraints

Deteriorating cash flow limits the company's ability to fund operations and invest in strategic initiatives, posing a risk to long-term financial health and growth potential.

Revenue Growth Decline

Stagnant revenue growth indicates potential market saturation or competitive pressures, challenging the company's ability to expand its market share and drive future growth.

Access Intelligence Business Overview & Revenue Model

Company Description

Pulsar Group plc, together with its subsidiaries, engages in the provision of Software-as-a-Service products and services to consumer brands and blue-chip enterprises, marketing agencies, and public sector organizations in the United Kingdom and internationally. The company's solutions include Isentia, a media monitoring, intelligence, and insights solution platform; Pulsar, an audience intelligence and social listening platform; and Vuelio, which provides monitoring, insight, engagement and evaluation tools for politics, editorial and social media. It also offers ResponseSource, a network that connects journalists and influencers to the PR and communications industry. The company was formerly known as Access Intelligence Plc and changed its name to Pulsar Group plc in May 2024. Pulsar Group plc was incorporated in 2003 and is based in London, the United Kingdom.

How the Company Makes Money

Access Intelligence generates revenue through a multi-faceted model that includes subscription fees for its analytics platforms, consulting services, and customized data solutions. Key revenue streams comprise recurring subscription income from clients who utilize the company's software and analytics tools, one-time project fees for consulting engagements, and revenue from data licensing agreements. Additionally, the company has established significant partnerships with telecommunications firms and technology providers, which enhance its service offerings and expand its market reach, contributing positively to its overall earnings.

Access Intelligence Financial Statement Overview

Summary

Access Intelligence demonstrates a strong gross margin, typical for a software firm, but struggles with profitability and cash flow. The balance sheet's low leverage is positive, yet negative returns and cash flow constraints pose significant risks. The company needs strategic improvements in cost management and revenue growth to enhance financial stability and performance.

Income Statement

The company's gross profit margin is healthy, consistently contributing over 70% of total revenue, which is strong for the software industry. However, the net profit margin remains negative, indicating ongoing challenges in achieving profitability. The revenue growth rate declined by -0.65% from the previous year, suggesting stagnation. EBIT and EBITDA margins are negative, reflecting operational inefficiencies and high costs relative to revenue.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio of approximately 0.22, indicating relatively low leverage. Stockholders' equity has decreased, impacting the equity ratio, which is around 48.3%. However, the return on equity remains negative due to persistent net losses, highlighting profitability challenges.

Cash Flow

The company experienced a significant decline in free cash flow, with a growth rate of -1235.29% from the previous year, indicating deteriorating cash generation. Operating cash flow to net income ratio is negative, suggesting operational cash challenges. The free cash flow to net income ratio also remains negative, pointing towards cash flow issues relative to earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	61.27M	62.00M	62.40M	65.71M	33.30M	19.07M
Gross Profit	35.37M	45.11M	46.06M	49.80M	25.05M	10.44M
EBITDA	742.00K	1.49M	-2.83M	-249.00K	-4.97M	-2.05M
Net Income	-7.21M	-6.57M	-7.90M	-4.19M	-8.71M	-5.09M
Balance Sheet
Total Assets	87.43M	88.40M	90.69M	93.68M	101.21M	26.56M
Cash, Cash Equivalents and Short-Term Investments	1.77M	1.00M	2.25M	4.92M	13.46M	1.40M
Total Debt	8.77M	9.18M	2.53M	2.52M	4.37M	3.00M
Total Liabilities	48.37M	45.72M	41.00M	33.30M	40.20M	17.48M
Stockholders Equity	39.06M	42.68M	49.69M	60.37M	61.01M	9.08M
Cash Flow
Free Cash Flow	1.54M	-7.03M	-527.00K	-6.08M	-6.00M	99.00K
Operating Cash Flow	1.92M	-74.00K	8.56M	2.47M	-2.38M	2.26M
Investing Cash Flow	-5.13M	-5.52M	-9.07M	-8.54M	-44.24M	-2.25M
Financing Cash Flow	681.00K	1.42M	-2.04M	-2.63M	58.65M	-603.00K

Access Intelligence Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 36.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:PULS, the sentiment is Positive. The current price of 36 is above the 20-day moving average (MA) of 35.77, above the 50-day MA of 35.60, and below the 200-day MA of 39.44, indicating a neutral trend. The MACD of 0.30 indicates Negative momentum. The RSI at 86.95 is Negative, neither overbought nor oversold. The STOCH value of 84.11 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:PULS.

Access Intelligence Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SKL	69 Neutral	£65.75M	60.25	17.89%	0.76%	14.64%	916.67%
AOM	68 Neutral	£164.24M	-821.43	-2.20%	―	31.86%	-115.22%
SPA	63 Neutral	£75.41M	2,250.00	0.15%	―	5.35%	-97.78%
CLBS	62 Neutral	£51.14M	16.37	11.22%	2.49%	-25.63%	-20.36%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
GETB	60 Neutral	£38.78M	233.33	―	―	1.73%	-68.87%
PULS	47 Neutral	£50.85M	-6.88	-16.92%	―	-1.09%	-6.65%