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Nano Magic, Inc. (NMGX)
:NMGX
US Market
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Nano Magic (NMGX) AI Stock Analysis

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NMGX

Nano Magic

(OTC:NMGX)

Rating:46Neutral
Price Target:
$0.50
▼(-18.03% Downside)
The overall stock score for Nano Magic is primarily driven by its poor financial performance, which poses significant risks. While technical analysis shows some positive momentum, the lack of strong valuation metrics and absence of earnings call data or corporate events further weigh down the score.

Nano Magic (NMGX) vs. SPDR S&P 500 ETF (SPY)

Nano Magic Business Overview & Revenue Model

Company DescriptionNano Magic (NMGX) is a company specializing in the development and commercialization of advanced nanotechnology-based solutions. It operates primarily in the consumer and industrial sectors, offering a range of products designed to enhance surface protection, cleaning efficiency, and optical clarity. The company's core offerings include nanocoatings, liquid repellents, and cleaning solutions that leverage nanotechnology to provide superior performance in various applications.
How the Company Makes MoneyNano Magic generates revenue through the sale of its proprietary nanotechnology-based products. The company's key revenue streams include direct sales to consumers, partnerships with retailers for distribution, and collaborations with industrial clients for specialized applications. By leveraging its expertise in nanotechnology, Nano Magic is able to offer innovative solutions that address specific market needs, thereby driving sales. Additionally, the company may engage in strategic partnerships or licensing agreements to expand its market reach and enhance its product offerings.

Nano Magic Financial Statement Overview

Summary
Nano Magic is experiencing significant financial challenges. The income statement shows declining revenue and negative profit margins. The balance sheet indicates potential insolvency with negative equity and high leverage. Cash flow issues are evident with negative free cash flow and reliance on external financing.
Income Statement
35
Negative
Nano Magic's income statement reveals significant challenges, with both gross profit and net income margins being negative. The company is experiencing declining revenues with a revenue growth rate of -11.22% from 2023 to 2024. EBIT and EBITDA margins are also markedly negative, indicating operational difficulties and inefficiencies in cost management.
Balance Sheet
25
Negative
The balance sheet highlights critical financial instability, with negative stockholders' equity suggesting insolvency risks. The debt-to-equity ratio is not meaningful due to negative equity, and the equity ratio is also negative. These factors indicate high financial leverage and potential solvency issues.
Cash Flow
40
Negative
Cash flow analysis shows substantial negative free cash flow, although there was a slight improvement in free cash flow growth rate compared to previous periods. The operating cash flow to net income ratio is negative, reflecting cash outflows and operational challenges. Financing activities have been the primary source of cash inflow, which may not be sustainable long-term.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue2.47M2.78M2.58M5.04M4.76M
Gross Profit-249.50K363.87K96.22K1.69M1.64M
EBITDA-4.29M-2.70M-3.11M-1.39M-735.56K
Net Income-4.45M-2.86M-2.10M-1.59M-805.98K
Balance Sheet
Total Assets1.90M3.52M4.09M4.11M4.79M
Cash, Cash Equivalents and Short-Term Investments23.31K527.46K259.22K253.19K298.61K
Total Debt1.41M1.27M1.30M1.29M1.66M
Total Liabilities2.81M2.21M2.47M2.19M3.39M
Stockholders Equity-912.80K1.31M1.62M1.92M1.40M
Cash Flow
Free Cash Flow-2.06M-1.55M-1.71M-1.50M-2.14M
Operating Cash Flow-2.02M-1.54M-1.71M-1.38M-2.00M
Investing Cash Flow454.20K35.65K20.09K-127.26K-143.69K
Financing Cash Flow1.06M1.77M1.71M1.46M2.22M

Nano Magic Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.61
Price Trends
50DMA
0.58
Positive
100DMA
0.62
Negative
200DMA
0.60
Negative
Market Momentum
MACD
<0.01
Positive
RSI
48.71
Neutral
STOCH
40.83
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NMGX, the sentiment is Negative. The current price of 0.61 is above the 20-day moving average (MA) of 0.60, above the 50-day MA of 0.58, and above the 200-day MA of 0.60, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 48.71 is Neutral, neither overbought nor oversold. The STOCH value of 40.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NMGX.

Nano Magic Risk Analysis

Nano Magic disclosed 22 risk factors in its most recent earnings report. Nano Magic reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 1 New Risks
1.
Nano Magic has reported material weaknesses in its internal controls over financial reporting. Q4, 2022

Nano Magic Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
66
Neutral
$69.56M29.436.19%-3.23%-2.01%
65
Neutral
$70.68M24.834.18%2.14%3.46%-34.80%
61
Neutral
$9.70B7.16-0.14%3.12%3.13%-55.47%
58
Neutral
$82.08M-406.97%8400.76%31.02%
56
Neutral
$18.79M-160.41%40.15%94.78%
46
Neutral
$8.51M-2243.98%-5.53%-28.72%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
NMGX
Nano Magic
0.61
-0.09
-12.86%
FSI
Flexible Solutions International
5.50
3.64
195.70%
NTIC
Northern Technologies International
7.46
-5.15
-40.84%
SNES
SenesTech
5.36
1.36
34.00%
LOOP
Loop Industries
1.72
0.01
0.58%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 07, 2025