Prestige Wealth, Inc. (PWM) AI Stock Analysis

• Market Cap: $12.83M
• Dividend Yield: N/A
• Average Volume (3M): 225.26K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.35
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 4
• Sector: Financial
• Sector Strength: 78
• Industry: Asset Management
• EPS (TTM): -0.09
• Shares Outstanding: 18,886,170
• 10 Day Avg. Volume: 84,791
• 30 Day Avg. Volume: 225,264
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 42 Neutral
• Price Target: $0.50 ▲(35.14%Upside)

Prestige Wealth, Inc. is struggling with significant financial challenges, as reflected in its poor financial performance and negative valuation metrics. Technical analysis presents mixed signals, but the overall outlook remains negative due to the company's operational and financial inefficiencies.

Prestige Wealth, Inc. Business Overview & Revenue Model

Company Description

Prestige Wealth Inc., through its subsidiaries, provides wealth management and asset management services. The company assists its clients in identifying and purchasing wealth management and asset management products. The company offers its services primarily for high net worth and ultra-high net worth individuals in Asia primarily in the mainland China or Hong Kong. The company was founded in 2017 and is based in Central, Hong Kong. Prestige Wealth Inc. operates as a subsidiary of Prestige Financial Holdings Group Limited.

How the Company Makes Money

Prestige Wealth, Inc. generates revenue through a variety of streams primarily centered around fees for services rendered. The company charges management fees based on a percentage of assets under management (AUM), which incentivizes PWM to grow its clients' portfolios. Additionally, PWM earns revenue through advisory fees for financial planning and consulting services, as well as commission-based income from certain investment products. The company may also engage in strategic partnerships with financial institutions and investment firms to offer specialized financial products, which can provide additional revenue through referral fees or shared profits. Key factors contributing to PWM's earnings include the ability to attract and retain clients, effective portfolio management strategies, and maintaining strong relationships with industry partners.

Prestige Wealth, Inc. Financial Statement Overview

Summary

Prestige Wealth, Inc. is facing significant financial challenges, including declining revenues, ongoing losses, and negative cash flows. The balance sheet shows low leverage but a shrinking equity base and assets, indicating financial instability.

Income Statement

Prestige Wealth, Inc. has seen a decline in revenue over the past few years, with a significant decrease in 2024 compared to previous years. The company is experiencing negative EBIT and EBITDA margins, indicating operational challenges and inefficiencies. The net profit margin is negative, reflecting ongoing losses and a need for cost optimization or revenue enhancement strategies.

Balance Sheet

The company's balance sheet shows a moderate level of debt with a debt-to-equity ratio calculated as approximately 0.06 in 2024, indicating low leverage. However, stockholders' equity has decreased significantly, affecting the equity ratio. The decline in total assets and equity raises concerns about asset management and financial stability.

Cash Flow

Prestige Wealth, Inc.'s cash flow from operations is negative, which raises liquidity concerns. The free cash flow is also negative, indicating a potential struggle to fund operations without external financing. The operating cash flow to net income ratio is negative, reflecting inefficiencies in cash generation relative to accounting profits.

Breakdown
Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
639.91K	348.53K	2.09M	2.79M	2.56M
	Gross Profit
639.91K	348.53K	2.09M	2.75M	2.56M
	EBIT
-7.05M	-1.11M	1.39M	1.65M	1.87M
	EBITDA
-5.70M	-1.05M	1.39M	1.65M	1.87M
	Net Income Common Stockholders
-6.88M	-1.04M	1.35M	1.91M	1.73M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
13.19K	431.31K	66.78K	750.22K	213.41K
	Total Assets
6.33M	6.86M	6.00M	4.46M	6.77M
	Total Debt
180.52K	381.10K	―	―	0.00
	Net Debt
167.33K	-50.21K	―	―	-213.41K
	Total Liabilities
3.29M	681.07K	619.56K	449.77K	1.37M
	Stockholders Equity
3.04M	6.18M	5.38M	4.01M	5.40M
Cash Flow		Free Cash Flow
-1.66M	-996.58K	1.16M	1.30M	2.38M
	Operating Cash Flow
-1.66M	-996.58K	1.16M	1.30M	2.38M
	Investing Cash Flow
-1.76M	-2.34M	-1.36M	551.37K	-2.20M
	Financing Cash Flow
2.75M	3.92M	-471.75K	-1.32M	-205.34K

Prestige Wealth, Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.37
• 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 PWM, the sentiment is Negative. The current price of 0.37 is below the 20-day moving average (MA) of 0.41, below the 50-day MA of 0.39, and below the 200-day MA of 0.84, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 48.89 is Neutral, neither overbought nor oversold. The STOCH value of 71.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PWM.

Prestige Wealth, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	64 Neutral	$12.93B	9.70	7.85%	78.03%	12.07%	-7.83%
RMCO	56 Neutral	$16.58M	108.82	-2.51%	―	141.03%	90.61%
TURN	52 Neutral	$39.50M	―	-8.01%	―	38.38%	71.72%
MAAS	49 Neutral	$11.12M	―	-16.53%	―	918.11%	-230.11%
CWD	45 Neutral	$4.97M	―	-5013.15%	―	-57.33%	-27.24%
PWM	42 Neutral	$12.83M	―		―	―	―
BENF	34 Underperform	$2.64M	―	-538.85%	―	78.84%	97.65%