Photomyne (PHTM) AI Stock Analysis

• Market Cap: ₪54.43M
• Dividend Yield: N/A
• Average Volume (3M): 744.00
• Price to Earnings (P/E): ―
• Beta (1Y): 0.48
• Revenue Growth: 14.39%
• EPS Growth: -1797.14%
• Country: IL
• Employees: 22
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): -218.10
• Shares Outstanding: 2,691,872
• 10 Day Avg. Volume: 1,827
• 30 Day Avg. Volume: 744
• PEG Ratio: -0.12
• Price to Book (P/B): 4.56
• Price to Sales (P/S): 0.91
• P/FCF Ratio: -7.08
• 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: 42 Neutral
• Price Target: 1,905.00 ▼(-15.11% Downside)
• Action: Reiterated Date: 02/19/26
• Date: Action: Reiterated 02/19/26

The score is primarily weighed down by weak financial performance driven by ongoing losses, negative operating/free cash flow, and shrinking equity. Technicals are mixed with a negative longer-term trend, and valuation signals are constrained by negative earnings and no dividend support.

Positive Factors

Revenue Growth / Recurring Model

A 25% revenue rebound indicates renewed user adoption and monetization traction for a subscription-first mobile app business. Because Photomyne primarily earns recurring subscription revenue, sustained top-line growth can compound customer lifetime value and support long-term product investment and scale economies.

Solid Gross Profit Dollars

A sizable gross profit base for a consumer app business suggests favorable unit economics: software-driven delivery means low incremental costs per user. This provides durable operating leverage potential if the company controls operating expenses and converts scale into sustainable margins over the medium term.

Low-to-Moderate Leverage

Relatively low absolute debt reduces immediate refinancing and interest burden risks. For a small, growing software company, modest leverage preserves strategic optionality and gives management more runway to prioritize product development and customer acquisition before needing larger external financing.

Negative Factors

Persistent Operating Losses

Sustained multi-million dollar operating losses are a structural weakness: they erode equity, consume cash, and signal the current cost base exceeds monetization. Without margin improvement or clear path to breakeven, losses raise financing and execution risk for the next 2–6 months and beyond.

Negative Cash Generation

Recurrent negative operating and free cash flow indicate ongoing cash burn and limited internal funding for growth or buffer needs. This creates a durable dependency on external capital or material margin improvements, increasing dilution risk and potentially constraining strategic investments.

Weakened Balance-Sheet Buffers

A sharp decline in equity and assets over recent years reduces financial flexibility and increases vulnerability to shocks. Diminished buffers limit the company's ability to invest, absorb continued losses, or withstand slower growth, making execution and funding a structural risk until profitability or capital levels recover.

Photomyne Business Overview & Revenue Model

Company Description

Photomyne (PHTM) is a technology company specializing in the digitization of physical photographs and memorabilia. The company operates primarily in the consumer and software technology sectors, offering a suite of mobile applications that allow users to scan, store, and share their photo collections seamlessly. Its core products include the Photomyne app, which utilizes advanced scanning technology to quickly capture multiple images, as well as features for organization, editing, and sharing, catering to individuals looking to preserve their memories in a digital format.

How the Company Makes Money

Photomyne generates revenue through a subscription-based model, offering users access to premium features and services within its app. This includes options for enhanced storage capabilities, advanced editing tools, and additional sharing functionalities. The company may also generate revenue through partnerships with businesses in related sectors, such as photography services or photo printing companies, allowing users to order physical prints of their digitized photos directly through the app. Additionally, strategic collaborations and advertising partnerships may contribute to its earnings, though specific details on these arrangements are not publicly disclosed.

Photomyne Financial Statement Overview

Summary

Revenue rebounded in 2025 (+25%), but profitability is weak with a net loss (-4.9M) and operating loss (EBIT -5.4M). Cash flow remains negative (operating CF -2.3M; FCF -2.4M), and equity has declined materially (to 3.7M), increasing execution and funding risk despite low-to-moderate debt.

Income Statement

Revenue rebounded strongly in 2025 to 18.4M (+25.0% growth), but profitability remains the key issue: the company posted a net loss of -4.9M in 2025 following a -4.0M loss in 2024, after a profitable 2023 (net income 2.5M). Gross profit is solid in dollars (12.6M in 2025), yet operating losses (EBIT -5.4M in 2025) suggest the cost structure is still too high versus current scale, making earnings quality and consistency weak despite improved top-line momentum.

Balance Sheet

Leverage is low-to-moderate overall, with equity still positive in the latest period (2025 stockholders’ equity 3.7M) and debt at 1.3M, but the balance sheet has weakened versus prior years as losses accumulated (equity fell from 8.5M in 2024 and 12.9M in 2023). Total assets declined to 12.6M in 2025 from 14.4M in 2024, signaling reduced balance-sheet flexibility. The main strength is that debt does not appear excessive; the main risk is continued losses pressuring equity further.

Cash Flow

Cash generation is a concern: operating cash flow was negative across most years and worsened again in 2025 to -2.3M (from -3.4M in 2024, after a positive 0.8M in 2023). Free cash flow was also negative in 2025 (-2.4M) and deteriorated sharply versus the prior period (free cash flow growth -44.7% in 2025). This profile implies ongoing cash burn and a higher likelihood of needing external funding unless profitability and working-capital dynamics improve.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	14.73M	18.41M	13.04M	13.33M	16.16M	12.32M
Gross Profit	10.08M	12.56M	8.99M	9.43M	11.38M	8.34M
EBITDA	-5.56M	-5.18M	-4.74M	2.06M	-68.00K	-6.28M
Net Income	-4.99M	-4.93M	-3.97M	2.50M	-1.07M	-6.35M
Balance Sheet
Total Assets	13.43M	12.58M	14.43M	17.83M	17.16M	18.52M
Cash, Cash Equivalents and Short-Term Investments	10.25M	9.52M	12.49M	15.76M	14.52M	15.85M
Total Debt	750.00K	1.31M	20.00K	165.00K	252.00K	220.98K
Total Liabilities	7.97M	8.89M	5.92M	4.95M	6.89M	7.59M
Stockholders Equity	5.46M	3.69M	8.51M	12.88M	10.27M	10.93M
Cash Flow
Free Cash Flow	-4.29M	-2.38M	-3.44M	804.00K	-101.00K	-4.03M
Operating Cash Flow	-4.22M	-2.31M	-3.41M	814.00K	-59.00K	-3.99M
Investing Cash Flow	4.15M	3.81M	2.60M	-11.38M	11.00M	-11.51M
Financing Cash Flow	-1.09M	-696.03K	-653.00K	-110.00K	-110.00K	17.06M

Photomyne Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2244.00
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IL:PHTM, the sentiment is Positive. The current price of 2244 is above the 20-day moving average (MA) of 1916.05, above the 50-day MA of 1966.28, and below the 200-day MA of 2382.95, indicating a neutral trend. The MACD of 13.80 indicates Negative momentum. The RSI at 56.88 is Neutral, neither overbought nor oversold. The STOCH value of 95.01 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IL:PHTM.

Photomyne Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
PRPD	53 Neutral	₪163.55M	-5.56	―	―	1290.36%	-214.81%
PHTM	42 Neutral	₪54.43M	-3.48	―	―	14.39%	-1797.14%
NRGN	40 Underperform	₪31.86M	-2.76	―	―	-23.68%	31.97%