Access Intelligence (PULS) AI Stock Analysis

• Market Cap: £48.14M
• Dividend Yield: N/A
• Average Volume (3M): 27.70K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.09
• 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: 37,343
• 30 Day Avg. Volume: 27,699
• 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

Access Intelligence (PULS) is a leading provider of data-driven insights and analytics solutions, primarily serving sectors such as marketing, media, and technology. The company specializes in delivering innovative software and services that enhance decision-making processes for businesses by leveraging advanced analytics, market research, and digital marketing solutions. With a focus on integrating technology into strategic planning, Access Intelligence helps organizations optimize their operations and maximize growth opportunities.

How the Company Makes Money

Access Intelligence generates revenue through a multi-faceted model that includes subscription services, consulting fees, and data sales. Key revenue streams consist of recurring subscriptions for their analytics platforms and software tools, which provide clients with ongoing access to valuable insights and capabilities. Additionally, the company earns income from consulting services, where experts assist clients in implementing strategies based on their data analysis. Significant partnerships with technology firms and industry leaders also enhance their market presence, enabling Access Intelligence to expand its offerings and reach, thus contributing 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: Neutral
• Last Price: 36.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:PULS, the sentiment is Neutral. The current price of 36 is above the 20-day moving average (MA) of 35.08, below the 50-day MA of 36.14, and below the 200-day MA of 40.18, indicating a neutral trend. The MACD of -0.14 indicates Negative momentum. The RSI at 49.18 is Neutral, neither overbought nor oversold. The STOCH value of 57.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:PULS.

Access Intelligence Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AOM	72 Outperform	£162.81M	147.10	-2.20%	―	31.86%	-115.22%
SKL	66 Neutral	£54.57M	50.00	17.89%	0.90%	14.64%	916.67%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
SPA	60 Neutral	£55.86M	1,666.67	0.15%	―	5.35%	-97.78%
CLBS	60 Neutral	£56.06M	11.22	16.09%	2.38%	-7.07%	24.73%
GETB	49 Neutral	£41.82M	250.00	―	―	1.73%	-68.87%
PULS	47 Neutral	£48.14M	―	-16.92%	―	-1.09%	-6.65%