Synspective Inc. (290A) AI Stock Analysis

• Market Cap: ¥103.72B
• Dividend Yield: N/A
• Average Volume (3M): 1.65M
• Price to Earnings (P/E): ―
• Beta (1Y): -1.14
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: JP
• Employees: 192
• Sector: Technology
• Sector Strength: 83
• Industry: Information Technology Services
• EPS (TTM): -10.74
• Shares Outstanding: 113,980,350
• 10 Day Avg. Volume: 1,594,870
• 30 Day Avg. Volume: 1,645,773
• 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: ¥1,252.00
• Price Target Upside: 37.58% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 44 Neutral
• Price Target: ¥956.00 ▲(5.05% Upside)

The overall stock score for Synspective Inc. is largely influenced by financial performance and technical analysis. While strong revenue growth is a positive factor, profitability, cash flow challenges, and bearish technical indicators weigh heavily on the score. The lack of valuation data further limits the potential for a higher score.

Positive Factors

Revenue Growth

Strong revenue growth indicates expanding market presence and successful product adoption, which can drive long-term business sustainability and competitiveness.

Balance Sheet Health

A solid balance sheet with manageable leverage provides financial stability and flexibility, enabling the company to invest in growth opportunities and withstand economic fluctuations.

Strategic Partnerships

Strategic partnerships enhance market reach and service capabilities, fostering innovation and competitive advantage, which are crucial for long-term success in the technology sector.

Negative Factors

Profitability Challenges

Ongoing profitability issues can hinder reinvestment in growth and innovation, potentially impacting the company's ability to compete effectively and achieve sustainable financial health.

Cash Flow Inefficiencies

Negative cash flow can strain liquidity and limit the company's ability to fund operations and growth initiatives, posing risks to financial stability and operational efficiency.

Decreasing Gross Profit Margin

A declining gross profit margin suggests rising costs or pricing pressures, which can erode profitability and reduce the company's competitive pricing power over time.

Synspective Inc. Business Overview & Revenue Model

Company Description

Synspective Inc. (290A) is a Japanese company that specializes in providing satellite-based solutions using synthetic aperture radar (SAR) technology. The company focuses on delivering data solutions for various industries, including infrastructure management, disaster response, and urban development. Synspective's core products include satellite data services and analysis tools that help businesses and governments make informed decisions based on real-time, high-resolution satellite imagery.

How the Company Makes Money

Synspective Inc. generates revenue primarily through the sale of satellite data and related services. Its key revenue streams include subscriptions and licenses for access to SAR satellite imagery and analytics platforms. The company offers tailored data solutions for specific industries, allowing clients to monitor infrastructure, assess disaster areas, and plan urban development projects. Synspective also engages in partnerships with governmental agencies and private sector companies to expand its reach and enhance its service offerings. The integration of advanced technology and strategic collaborations plays a significant role in driving 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. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3996	76 Outperform	¥4.02B	19.51		―	-1.23%	2.92%
4386	75 Outperform	¥4.56B	9.87		3.15%	27.51%	68.04%
4447	72 Outperform	¥3.91B	20.16		1.66%	42.88%	-5.21%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
5597	54 Neutral	¥9.00B	―		―	―	―
3967	44 Neutral	¥4.21B	17.07		―	12.16%	-478.94%
290A	44 Neutral	¥103.72B	―		―	―	―

Synspective Inc. Corporate Events

Synspective Inc. to Issue Share Acquisition Rights for Satellite Expansion

Synspective Inc. has announced the issuance of its 5th series of share acquisition rights through a third-party allotment, aiming to raise approximately 24 billion yen. The funds will be utilized for manufacturing and launching small SAR satellites and for working capital related to satellite solutions, indicating a strategic move to bolster its satellite operations and market positioning.

The most recent analyst rating on (JP:290A) stock is a Buy with a Yen1501.00 price target. To see the full list of analyst forecasts on Synspective Inc. stock, see the JP:290A Stock Forecast page.

Synspective Records Non-Operating Income from JAXA Subsidy

Synspective Inc. has announced the recording of non-operating income for the third quarter of the fiscal year ending December 31, 2025, due to a subsidy from JAXA’s Space Strategy Fund. This subsidy, amounting to 237 million yen, is part of a larger grant aimed at accelerating commercial satellite constellation deployment. The financial impact of this subsidy has been incorporated into the company’s full-year performance forecast, indicating a positive outlook for its operations and strategic positioning in the satellite industry.

The most recent analyst rating on (JP:290A) stock is a Buy with a Yen1501.00 price target. To see the full list of analyst forecasts on Synspective Inc. stock, see the JP:290A Stock Forecast page.

Synspective Inc. Reports Extraordinary Income Gain in Q1 2025

Synspective Inc. has announced an extraordinary income gain for the first quarter of the fiscal year ending December 31, 2025, due to a reversal of a provision for loss on contracts. This gain, amounting to 16,076 thousand yen, was realized as the satellite components initially reserved for potential losses were used for research and development purposes. The impact of this gain is reflected in the company’s consolidated financial results for the three months ended March 31, 2025.