Infrared Cameras Holdings (MSAI) AI Stock Analysis

• Market Cap: $25.48M
• Dividend Yield: N/A
• Average Volume (3M): 136.62K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.53
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 41
• Sector: Financial
• Sector Strength: 75
• Industry: Software - Infrastructure
• EPS (TTM): -0.14
• Shares Outstanding: 33,436,250
• 10 Day Avg. Volume: 208,526
• 30 Day Avg. Volume: 136,622
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• 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: $0.50
• Price Target Upside: -34.21% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 47 Neutral
• Price Target: $1.00 ▲(31.58%Upside)

The overall score is primarily driven by financial challenges and valuation concerns, with technical indicators providing some positive signals. Corporate events present mixed implications, with strong shareholder support but a potential Nasdaq delisting. Investors should be cautious given the financial instability and market risks.

Infrared Cameras Holdings Business Overview & Revenue Model

Company Description

Infrared Cameras Holdings (MSAI) specializes in the design, manufacture, and distribution of advanced infrared imaging solutions. The company operates across sectors such as industrial, environmental, medical, and security, providing a wide range of infrared cameras and related technologies. Their core products include high-performance thermal imaging cameras, sensors, and software designed for various applications, including predictive maintenance, surveillance, and medical diagnostics.

How the Company Makes Money

Infrared Cameras Holdings (MSAI) generates revenue primarily through the sale of its infrared cameras and imaging systems. The company offers both standard products and customized solutions tailored to the needs of different industries, allowing them to capture a diverse client base. Additionally, they generate income from licensing their proprietary technologies and software solutions. Partnerships with distributors and strategic collaborations with other technology companies also contribute to their revenue. Services such as maintenance, training, and support further enhance their earnings by providing ongoing value to their customers.

Infrared Cameras Holdings Financial Statement Overview

Summary

Infrared Cameras Holdings faces significant financial challenges, with declining revenues, persistent losses, and cash flow issues. While there are signs of improvement in equity, the company must address its operational inefficiencies and reliance on debt to ensure long-term viability.

Income Statement

Infrared Cameras Holdings has experienced a decline in revenue over the years, with a significant drop from 2021 to 2024. The gross profit margin has decreased, and the company has been operating at a net loss, with negative EBIT and EBITDA margins, indicating challenges in managing operational costs and achieving profitability.

Balance Sheet

The company's balance sheet shows improvement in stockholders' equity from negative to positive in 2024, indicating some recovery. However, the debt-to-equity ratio remains concerning due to high liabilities relative to equity. The equity ratio has improved, suggesting better asset management, but the company still faces risks due to its leverage.

Cash Flow

Cash flow analysis reveals negative operating and free cash flows, indicating cash outflows exceed inflows from operations. Despite an increase in financing cash flow, the reliance on external financing raises sustainability concerns. The operating cash flow to net income ratio is negative, highlighting inefficiencies in converting income into cash.

Breakdown
Income Statement
Total Revenue
Gross Profit
EBITDA
Net Income
Balance Sheet
Total Assets
Cash, Cash Equivalents and Short-Term Investments
Total Debt
Total Liabilities
Stockholders Equity
Cash Flow
Free Cash Flow
Operating Cash Flow
Investing Cash Flow
Financing Cash Flow

Infrared Cameras Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.76
• 50DMA: Positive
• 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 MSAI, the sentiment is Negative. The current price of 0.76 is above the 20-day moving average (MA) of 0.72, above the 50-day MA of 0.73, and below the 200-day MA of 1.26, indicating a neutral trend. The MACD of 0.02 indicates Negative momentum. The RSI at 49.89 is Neutral, neither overbought nor oversold. The STOCH value of 51.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MSAI.

Infrared Cameras Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$17.09B	11.26	9.71%	3.70%	11.16%	-4.08%
KPLT	58 Neutral	$55.55M	―	86.76%	―	9.71%	-1.97%
VRAR	56 Neutral	$33.69M	―	-40.76%	―	-12.30%	76.19%
INTZ	48 Neutral	$40.78M	―	-133.62%	―	18.07%	85.59%
MSAI	47 Neutral	$25.48M	―	-308.31%	―	―	―
XBP	38 Underperform	$31.07M	―	87.90%	―	―	―

Infrared Cameras Holdings Corporate Events

Infrared Cameras Holdings Gains Strong Shareholder Support

On June 4, 2025, MultiSensor AI Holdings, Inc. held its 2025 Annual Meeting of Stockholders, where 55.16% of the company’s outstanding common stock was represented. During the meeting, all director nominees were elected, and key proposals, including the ratification of Deloitte & Touche LLP as the independent accounting firm and amendments to the 2023 Incentive Award Plan, were approved, indicating strong shareholder support for the company’s strategic decisions.

The most recent analyst rating on (MSAI) stock is a Buy with a $2.50 price target. To see the full list of analyst forecasts on Infrared Cameras Holdings stock, see the MSAI Stock Forecast page.

Infrared Cameras Holdings Announces Leadership Changes

On May 29, 2025, MultiSensor AI Holdings, Inc. announced the appointment of Asim Akram as its new Chief Executive Officer and President, effective June 23, 2025. Akram, who has extensive leadership experience in technology and asset management, will replace Stuart V. Flavin III, who will remain on the Board. Akram’s appointment is accompanied by an employment agreement that includes a base salary, potential bonuses, and stock awards, reflecting the company’s commitment to strategic growth and leadership stability. Additionally, Peter Baird resigned as Chief Commercial Officer on May 30, 2025, but will continue as an employee during a 90-day transition period.

The most recent analyst rating on (MSAI) stock is a Buy with a $2.50 price target. To see the full list of analyst forecasts on Infrared Cameras Holdings stock, see the MSAI Stock Forecast page.

Infrared Cameras Holdings Faces Nasdaq Delisting Notice

On May 15, 2025, MultiSensor AI Holdings, Inc. received a notice from Nasdaq indicating that the company’s stock had failed to meet the minimum bid price requirement of $1.00 for 30 consecutive business days. The company has until November 11, 2025, to regain compliance, with the possibility of an additional 180-day extension if certain conditions are met. MultiSensor AI Holdings is exploring options, including a reverse stock split, to address the issue and maintain its Nasdaq listing, though there is no guarantee of success.

The most recent analyst rating on (MSAI) stock is a Buy with a $8.00 price target. To see the full list of analyst forecasts on Infrared Cameras Holdings stock, see the MSAI Stock Forecast page.