Synspective Inc. (290A) AI Stock Analysis

• Market Cap: ¥121.87B
• Dividend Yield: N/A
• Average Volume (3M): 1.71M
• Price to Earnings (P/E): ―
• Beta (1Y): -0.97
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: JP
• Employees: 192
• Sector: Technology
• Sector Strength: 88
• Industry: Information Technology Services
• EPS (TTM): -8.07
• Shares Outstanding: 126,420,050
• 10 Day Avg. Volume: 2,401,110
• 30 Day Avg. Volume: 1,711,883
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 54 Neutral
• Price Target: ¥1,127.00 ▲(1.99% Upside)

Synspective Inc.'s overall stock score is primarily impacted by its financial performance, which shows strong revenue growth but significant profitability and cash flow challenges. Technical analysis indicates positive momentum, providing some support to the score. However, the negative P/E ratio and lack of dividend yield weigh heavily on the valuation, keeping the overall score moderate.

Positive Factors

Revenue Growth

Strong revenue growth indicates robust demand for Synspective's satellite services, suggesting a solid market position and potential for future expansion.

Market Position

The use of proprietary SAR technology positions Synspective as a leader in high-resolution earth observation, providing a competitive edge in the geospatial data sector.

Balance Sheet Health

A strong equity position and manageable leverage indicate financial stability, providing a solid foundation for long-term growth and investment.

Negative Factors

Profitability Challenges

Ongoing profitability issues highlight operational inefficiencies, which could hinder long-term sustainability and investment in growth initiatives.

Cash Flow Challenges

Persistent cash flow challenges may limit Synspective's ability to fund operations and strategic initiatives, affecting its financial flexibility.

Margin Sustainability

Decreasing gross margins indicate rising costs, which could pressure profitability and affect the company's ability to maintain competitive pricing.

Synspective Inc. Business Overview & Revenue Model

Company Description

Synspective Inc. is a Japanese space technology company specializing in satellite-based services and solutions. The company operates primarily in the geospatial data and analytics sector, leveraging its proprietary SAR (Synthetic Aperture Radar) satellites to provide high-resolution earth observation data. Synspective’s core products include satellite imagery and data analytics services that cater to a wide range of industries, including urban planning, disaster management, and environmental monitoring.

How the Company Makes Money

Synspective generates revenue through multiple channels. The primary revenue stream comes from the sale of satellite imagery and geospatial data services to various clients, including governments, private enterprises, and research institutions. The company also offers tailored data analytics solutions, which allow clients to derive actionable insights from the satellite data. Additionally, Synspective may engage in partnerships with other tech firms, government agencies, and research organizations to expand its service offerings and reach new markets. Such collaborations often lead to joint projects or long-term contracts, contributing significantly to the company's earnings.

Synspective Inc. Financial Statement Overview

Summary

Synspective Inc. shows strong revenue growth, but significant challenges in profitability and cash flow. The balance sheet is solid with manageable leverage, but negative margins and cash flow inefficiencies are concerning.

Income Statement

Synspective Inc. has shown significant revenue growth over the past three years, with a remarkable increase of 67% from 2023 to 2024. However, the company is facing severe profitability challenges, as evidenced by negative EBIT and net margins. The gross profit margin has decreased significantly from 2023 to 2024, indicating increased cost pressures. The net income has been consistently negative, reflecting ongoing operational struggles.

Balance Sheet

The company's balance sheet reflects a strong equity position, with a debt-to-equity ratio of 0.37 in 2024, suggesting manageable leverage. The equity ratio stands at a healthy 70%, indicating financial stability. However, the return on equity is negative due to substantial net losses, highlighting profitability issues despite a solid capital structure.

Cash Flow

The cash flow statement reveals negative free cash flow, which has deteriorated over the years. The operating cash flow to net income ratio indicates ongoing cash flow challenges relative to losses. Despite significant financing activities, the company's cash flow efficiency remains a concern, impacting its liquidity position.

Breakdown	Dec 2024	Dec 2023	Dec 2022
Income Statement
Total Revenue	2.32B	1.39B	492.41M
Gross Profit	214.52M	816.34M	357.88M
EBITDA	-2.23B	-1.34B	-6.18B
Net Income	-3.59B	-1.52B	-6.27B
Balance Sheet
Total Assets	28.20B	11.31B	9.89B
Cash, Cash Equivalents and Short-Term Investments	14.24B	4.47B	6.60B
Total Debt	7.29B	3.03B	501.00M
Total Liabilities	8.32B	3.44B	1.80B
Stockholders Equity	19.87B	7.87B	8.09B
Cash Flow
Free Cash Flow	-9.16B	-5.85B	-6.64B
Operating Cash Flow	-1.80B	-2.22B	-4.14B
Investing Cash Flow	-7.46B	-3.64B	-2.50B
Financing Cash Flow	19.03B	3.72B	5.89B

Synspective Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1105.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:290A, the sentiment is Positive. The current price of 1105 is above the 20-day moving average (MA) of 1002.45, above the 50-day MA of 954.78, and above the 200-day MA of 1029.78, indicating a bullish trend. The MACD of 31.01 indicates Negative momentum. The RSI at 59.48 is Neutral, neither overbought nor oversold. The STOCH value of 61.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:290A.

Synspective Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4386	78 Outperform	¥4.49B	9.71	―	3.07%	26.64%	30.76%
3996	71 Outperform	¥3.83B	25.19	―	―	-1.26%	-39.08%
4447	62 Neutral	¥3.09B	34.27	―	4.17%	-15.23%	-65.39%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
290A	54 Neutral	¥121.87B	-21.99	―	―	―	―
3967	44 Neutral	¥3.96B	-5.11	―	―	15.39%	-562.65%
5597	37 Underperform	¥5.71B	―	―	―	-0.02%	-12.19%

Synspective Inc. Corporate Events

Synspective Inc. Reports Increased Revenue but Faces Continued Losses

Synspective Inc. reported its consolidated financial results for the nine months ending September 30, 2025, showing a total revenue of ¥1,950 million, a 21.3% increase from the previous year. Despite the revenue growth, the company faced significant losses, with an operating loss of ¥3,160 million. The financial results highlight ongoing challenges in achieving profitability, impacting its financial stability and market positioning.

The most recent analyst rating on (JP:290A) stock is a Hold with a Yen919.00 price target. To see the full list of analyst forecasts on Synspective Inc. stock, see the JP:290A Stock Forecast page.

Synspective Inc. Reports October Share Acquisition Exercise

Synspective Inc. announced the exercise status of its share acquisition rights for October 2025, revealing that 42.51% of the issued rights were exercised, resulting in the delivery of 8.3 million shares. This exercise of rights reflects the company’s ongoing financial strategies and could impact its market positioning by potentially increasing its capital base and shareholder value.

The most recent analyst rating on (JP:290A) stock is a Hold with a Yen919.00 price target. To see the full list of analyst forecasts on Synspective Inc. stock, see the JP:290A Stock Forecast page.

Synspective Announces Change in Major Shareholder Status

Synspective Inc. announced a change in its major shareholder status due to the issuance of new shares following the exercise of stock acquisition rights. This change resulted in a decrease in the voting rights percentage held by Mitsubishi Electric Corporation, although it remains the largest shareholder. The company stated that this change will not impact its business results.

The most recent analyst rating on (JP:290A) stock is a Hold with a Yen919.00 price target. To see the full list of analyst forecasts on Synspective Inc. stock, see the JP:290A Stock Forecast page.

Synspective Inc. Executes Major Share Acquisition Rights Exercise

Synspective Inc. announced a significant exercise of share acquisition rights, involving 2,500,000 shares, under a reset clause issued in August 2025. This exercise, representing 12.81% of the total rights issued, reflects the company’s strategic financial maneuvers to potentially enhance its market position and operational capabilities.

The most recent analyst rating on (JP:290A) stock is a Hold with a Yen919.00 price target. To see the full list of analyst forecasts on Synspective Inc. stock, see the JP:290A Stock Forecast page.

Synspective Inc. Suspends 5th Series Share Acquisition Rights

Synspective Inc. has announced the suspension of its 5th Series of Share Acquisition Rights, initially issued in August 2025, which were allocated to Nomura Securities Co., Ltd. This suspension, effective from October 30 to December 30, 2025, may impact the company’s financial strategies and investor relations, reflecting its ongoing adjustments in capital management.

The most recent analyst rating on (JP:290A) stock is a Hold with a Yen919.00 price target. To see the full list of analyst forecasts on Synspective Inc. stock, see the JP:290A Stock Forecast page.

Synspective Inc. Announces Subsidy Income Boost for Q4 2025

Synspective Inc. has announced the posting of non-operating income from a subsidy received through Japan’s Ministry of Economy, Trade, and Industry’s Small and Medium-sized Enterprise Innovation Promotion Program. This subsidy, amounting to ¥441,419 thousand, will be reflected in the company’s financial results for the fourth quarter of the fiscal year ending December 31, 2025. This development is expected to positively impact Synspective’s financial performance and support its continued innovation and growth in the satellite data solutions sector.

The most recent analyst rating on (JP:290A) stock is a Hold with a Yen919.00 price target. To see the full list of analyst forecasts on Synspective Inc. stock, see the JP:290A Stock Forecast page.

Synspective Successfully Launches Seventh SAR Satellite

Synspective Inc. has successfully launched its seventh SAR satellite, StriX, as part of the ‘Owl New World’ mission, enhancing its Earth observation capabilities. This development is expected to impact the company’s operational capabilities positively and is already factored into the fiscal year performance forecast for 2025.

The most recent analyst rating on (JP:290A) stock is a Hold with a Yen956.00 price target. To see the full list of analyst forecasts on Synspective Inc. stock, see the JP:290A Stock Forecast page.

Synspective Expands Launch Agreements to Boost SAR Constellation

Synspective Inc. has expanded its partnership with Rocket Lab by securing an additional 10 dedicated Electron launches, bringing their total launch contracts to 24, including agreements with SpaceX and Exolaunch. This move is crucial for Synspective to meet the growing global demand for satellite launches and to ensure the timely development of its SAR satellite constellation, although it will not impact the company’s earnings forecast for 2025.

The most recent analyst rating on (JP:290A) stock is a Hold with a Yen956.00 price target. To see the full list of analyst forecasts on Synspective Inc. stock, see the JP:290A Stock Forecast page.

Synspective Inc. Executes Large-Scale Share Acquisition

Synspective Inc. announced a large-scale exercise of share acquisition rights with a price reset clause, resulting in the delivery of 2,400,000 shares. This strategic financial maneuver reflects the company’s efforts to enhance its capital structure, potentially impacting its market positioning and shareholder value.

The most recent analyst rating on (JP:290A) stock is a Hold with a Yen956.00 price target. To see the full list of analyst forecasts on Synspective Inc. stock, see the JP:290A Stock Forecast page.