Nano Magic (NMGX) AI Stock Analysis

• Market Cap: $6.17M
• Dividend Yield: N/A
• Average Volume (3M): 704.00
• Price to Earnings (P/E): ―
• Beta (1Y): 0.13
• Revenue Growth: -5.53%
• EPS Growth: -28.72%
• Country: US
• Employees: 13
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): -0.32
• Shares Outstanding: 14,408,674
• 10 Day Avg. Volume: 729
• 30 Day Avg. Volume: 704
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 2.00
• Enterprise Value/Revenue: 4.90
• Enterprise Value/Gross Profit: -36.95
• Enterprise Value/Ebitda: -2.85
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 45 Neutral
• Price Target: $0.50 ▼(-15.25% Downside)

The overall stock score is primarily impacted by significant financial challenges, including negative profitability and insolvency risks. Technical analysis provides some neutral signals, but poor valuation metrics further weigh down the score.

Nano Magic Business Overview & Revenue Model

Company Description

Nano Magic (NMGX) is a technology company specializing in nanotechnology-based solutions, primarily focusing on the development and commercialization of advanced coatings and treatments designed to enhance the performance and durability of various surfaces. Operating within the sectors of consumer products, industrial applications, and automotive enhancements, Nano Magic's core offerings include protective coatings for glass, metals, and plastics, along with innovative cleaning solutions that leverage nanotechnology for superior effectiveness.

How the Company Makes Money

Nano Magic generates revenue primarily through the sale of its proprietary nanotechnology products, which are marketed to both consumers and businesses. The company has established multiple key revenue streams, including direct sales through its e-commerce platform, distribution agreements with retailers, and partnerships with manufacturers in various industries such as automotive and construction. Additionally, Nano Magic may engage in licensing agreements for its technology, providing another channel for revenue. The company's earnings are further bolstered by its ongoing research and development efforts, leading to new product launches and enhancements that cater to evolving market needs.

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

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

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

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.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.47M	2.78M	2.58M	5.04M	4.76M
Gross Profit	-249.50K	363.87K	96.22K	1.69M	1.64M
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 Assets	1.90M	3.52M	4.09M	4.11M	4.79M
Cash, Cash Equivalents and Short-Term Investments	23.31K	527.46K	259.22K	253.19K	298.61K
Total Debt	1.41M	1.27M	1.30M	1.29M	1.66M
Total Liabilities	2.81M	2.21M	2.47M	2.19M	3.39M
Stockholders Equity	-912.80K	1.31M	1.62M	1.92M	1.40M
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 Flow	454.20K	35.65K	20.09K	-127.26K	-143.69K
Financing Cash Flow	1.06M	1.77M	1.71M	1.46M	2.22M

Nano Magic Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.59
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NMGX, the sentiment is Positive. The current price of 0.59 is above the 20-day moving average (MA) of 0.59, above the 50-day MA of 0.55, and below the 200-day MA of 0.59, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 52.32 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NMGX.

Nano Magic Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NTIC	―	$71.67M	25.49	4.18%	1.35%	3.46%	-34.80%
FSI	―	$114.67M	38.83	8.06%	―	-1.52%	6.38%
Sector *	―	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
GURE	―	$6.77M	-2.04	-17.63%	―	-15.26%	73.10%
LOOP	―	$78.79M	-6.69	―	―	11013.00%	39.85%
NMGX	―	$6.17M	-1.36	-2243.98%	―	-5.53%	-28.72%