Tiger (TIR) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 5.03M
• Price to Earnings (P/E): ―
• Beta (1Y): -0.27
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: UK
• Employees: 4
• Sector: General
• Sector Strength: N/A
• Industry: Asset Management
• EPS (TTM): N/A
• Shares Outstanding: 535,128,540
• 10 Day Avg. Volume: 5,212,083
• 30 Day Avg. Volume: 5,034,057
• PEG Ratio: 0.00
• Price to Book (P/B): -3.94
• Price to Sales (P/S): -10.98
• P/FCF Ratio: -7.04
• 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: 41 Neutral
• Price Target: 0.50 p ▲(11.33% Upside)
• Action: Reiterated Date: 01/31/26
• Date: Action: Reiterated 01/31/26

The score is held down primarily by very weak financial performance (multi-year losses, ongoing cash burn, and negative equity in 2024). Technicals also lean bearish given price below key longer-term moving averages and a negative MACD, while valuation is further pressured by a negative P/E tied to losses.

Positive Factors

Low reported debt

Zero reported debt provides durable financial flexibility by lowering fixed financing costs and reducing near-term default risk. For a cash-burning firm, low leverage preserves optionality for future restructuring, asset sales, or equity raises without immediate debt covenant constraints.

Improving free cash flow trend

An improvement in free cash flow, even from negative levels, signals the business may be beginning to stabilize operationally. If sustained, it reduces reliance on external funding, extends runway, and supports reinvestment or paydown of obligations, aiding longer-term recovery prospects.

Lean operating base

A very small employee base implies low fixed payroll overhead and structural cost flexibility. In asset management, a lean headcount can enable rapid cost cutting, preserve cash, and allow management to reallocate resources to high-return activities without large ongoing staffing commitments.

Negative Factors

Persistent net losses

Five consecutive years of net losses and negative EBIT indicate deep structural profitability issues. Persistent losses erode capital, limit reinvestment, and make it difficult to attract clients or partners. Without durable margin restoration, the business model remains unsustainable.

Consistent cash burn

Negative operating and free cash flow every year forces dependence on external financing or asset disposals. Over months to years this reduces strategic flexibility, increases dilution risk if equity raises are needed, and can precipitate distress if funding dries up.

Negative shareholders' equity

Equity turning negative is a structural red flag: it signals capital impairment, undermines creditor and client confidence, and can constrain access to new financing. Negative equity limits strategic options and elevates insolvency risk absent a substantive capital injection or turnaround.

Tiger Business Overview & Revenue Model

Company Description

Tiger Royalties and Investments is a natural resource-focused investment firm. They are providing investors with the opportunity to invest in a number of well-managed and thoroughly researched projects.

How the Company Makes Money

Tiger Financial Statement Overview

Summary

Fundamentals are very weak: persistent net losses and negative EBIT (2020–2024), consistently negative operating and free cash flow, and shareholders’ equity turning negative in 2024. The lack of reported debt reduces leverage risk, but it does not offset the profitability and cash-burn concerns.

Income Statement

The income statement is very weak: the company has reported net losses every year from 2020–2024, with EBIT also consistently negative. Revenue has deteriorated materially, flipping from positive in 2020–2021 to negative in 2022–2024, and 2024 shows a sharp year-over-year decline. While reported margins appear high in recent years, this is driven by negative revenue and losses, so it does not indicate healthy profitability.

Balance Sheet

Leverage appears low with total debt reported at zero across all years, which reduces financial risk. However, balance sheet strength has weakened: shareholders’ equity fell from positive levels (2020–2023) to negative in 2024, which is a major red flag and limits financial flexibility. Total assets have also trended down versus earlier years, consistent with a shrinking capital base.

Cash Flow

Cash generation is weak: operating cash flow and free cash flow are negative in every year shown, indicating ongoing cash burn. There is some improvement in 2024 free cash flow versus 2023, but it remains meaningfully negative. Overall, the company is not currently funding operations internally, increasing reliance on external support or asset sales over time.

Breakdown	Jun 2025	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	-85.28K	-129.75K	-184.13K	27.77K	225.51K
Gross Profit	-142.54K	-129.75K	-184.13K	27.77K	225.51K
EBITDA	-390.58K	-403.24K	0.00	0.00	0.00
Net Income	-390.58K	-403.24K	-456.96K	-252.04K	-127.07K
Balance Sheet
Total Assets	226.27K	444.98K	703.96K	818.43K	1.20M
Cash, Cash Equivalents and Short-Term Investments	23.46K	53.88K	150.63K	34.39K	508.16K
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	463.68K	351.96K	84.28K	8.71K	41.15K
Stockholders Equity	-237.41K	93.02K	496.26K	769.85K	970.49K
Cash Flow
Free Cash Flow	-132.95K	-114.46K	-139.09K	-353.61K	-349.21K
Operating Cash Flow	-132.95K	-114.46K	-139.09K	-353.61K	-349.21K
Investing Cash Flow	102.53K	17.70K	111.95K	-32.70K	89.75K
Financing Cash Flow	0.00	0.00	143.37K	0.00	625.00K

Tiger Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SDR	76 Outperform	£9.07B	11.95	12.35%	5.37%	4.78%	-4.86%
JUP	74 Outperform	£916.49M	8.25	7.11%	2.70%	-4.38%	―
QLT	74 Outperform	£2.42B	20.62	-0.05%	3.40%	-28.04%	-102.43%
RAT	70 Outperform	£2.08B	6.49	4.75%	4.91%	14.05%	-3.07%
AJB	65 Neutral	£1.72B	10.20	49.89%	2.43%	17.97%	25.51%
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TIR	41 Neutral	―	-0.90	-47.71%	―	―	―

Tiger Corporate Events

Tiger Alpha Calls General Meeting to Approve Share Split Tied to £1.55m Placing

Tiger Alpha PLC has published and dispatched a circular to shareholders convening a general meeting on 16 February 2026 to approve a sub-division of its existing ordinary shares into new ordinary shares and deferred shares. The share split is a key condition for completing a £1.55 million placing and will facilitate the admission to trading on AIM of 853,944,104 new ordinary shares, comprising existing and placing shares, expected on 17 February 2026. The move will significantly enlarge the company’s share capital, underpinning its fundraising efforts and potentially enhancing liquidity in its shares, while leaving the ISIN and SEDOL identifiers unchanged.

The most recent analyst rating on (GB:TIR) stock is a Hold with a £0.50 price target. To see the full list of analyst forecasts on Tiger stock, see the GB:TIR Stock Forecast page.

Tiger Alpha Raises £1.55m and Accelerates Pivot to AI Investments

Tiger Alpha PLC has conditionally raised £1.55 million via a placing of 413.3 million new shares at 0.375p, with proceeds earmarked to advance its AI-focused investments and for general working capital. To facilitate the discounted issue price, the board is proposing a share sub-division that will reduce the nominal value of its ordinary shares and create non-voting, non-dividend-bearing deferred shares, with admission of 853.9 million new ordinary shares to AIM expected following shareholder approval. The company has also overhauled its portfolio by divesting substantially all legacy resource investments for about £175,000, reinforcing a strategic pivot toward AI assets, while reporting strong early performance from its Tiger Beta and KDN-1 subnets, which together manage nearly US$500,000 of alpha tokens and generate significant daily TAO emissions. Governance is being refreshed with the departure of long-serving chairman Colin Bird and the appointment of Brian Stockbridge as interim chair, while the placing and associated broker warrants underscore both investor backing for Tiger’s AI strategy and the potential dilution and structural changes existing shareholders must weigh as the firm seeks long-term value creation in a high-growth but volatile sector.

The most recent analyst rating on (GB:TIR) stock is a Sell with a £0.40 price target. To see the full list of analyst forecasts on Tiger stock, see the GB:TIR Stock Forecast page.

Tiger Alpha PLC Targets Scalable AI Growth with KDN-1 Launch

Tiger Alpha PLC announced the progress of its 100%-owned AI infrastructure project, previously known as the Tiger Alpha subnet, now rebranded as the Knowledge Delivery Network (KDN-1), scheduled for launch in Q1 2026. KDN-1 aims to transform AI operations by reducing costs and latency while supporting scalable, efficient applications. By caching AI knowledge similar to content delivery networks, the project positions Tiger Alpha to capture a significant portion of the rapidly growing decentralized AI market. The operational and cost-saving benefits of KDN-1 could attract enterprises and usher in a new era of AI deployment, strengthening Tiger Alpha’s foothold in the industry and offering substantial growth opportunities for stakeholders.

Tiger Alpha Plc Announces Board Changes Amid Strategic Shift to Technology

Tiger Alpha Plc has announced a change in its board with Colin Bird resigning as Non-Executive Chair and Brian Stockbridge stepping in as interim Chair effective 31 December 2025. The company is increasingly focusing on technology investments, with plans to appoint a full-time Chair by the end of Q1 2026. The board has granted Stockbridge options over 2.5 million shares, reflecting confidence in his interim leadership. This transition marks a strategic shift towards technology enterprises, aligning with Tiger Alpha’s vision to incubate high-growth technology ventures while continuing its involvement in mining projects.