Addvalue Technologies Ltd (A31) AI Stock Analysis

• Market Cap: S$152.27M
• Dividend Yield: N/A
• Average Volume (3M): 24.51M
• Price to Earnings (P/E): 32.1
• Beta (1Y): 1.10
• Revenue Growth: 31.67%
• EPS Growth: 250.00%
• Country: SG
• Employees: 70
• Sector: Technology
• Sector Strength: 88
• Industry: Communication Equipment
• EPS (TTM): <0.01
• Shares Outstanding: 3,383,692,600
• 10 Day Avg. Volume: 14,586,869
• 30 Day Avg. Volume: 24,507,659
• PEG Ratio: 0.02
• Price to Book (P/B): 2.70
• Price to Sales (P/S): 1.40
• P/FCF Ratio: 11.59
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 65 Neutral
• Price Target: S$0.05 ▲(20.00% Upside)

Addvalue Technologies Ltd's overall stock score is primarily influenced by its mixed financial performance and positive technical indicators. The company's strong profitability and stable balance sheet are offset by declining revenue growth and negative free cash flow growth. The stock's bullish technical trend is a positive sign, but the high P/E ratio suggests it may be overvalued. The absence of earnings call data and corporate events means these factors do not impact the score.

Positive Factors

Strong Profit Margins

High profit margins indicate efficient cost management and pricing power, supporting long-term profitability and competitive positioning.

Order Book Growth

The increase in order book size reflects strong demand for products, suggesting potential revenue growth and market expansion.

Board Restructuring

The board restructuring could bring fresh perspectives and strengthen governance, potentially enhancing strategic decision-making.

Negative Factors

Declining Revenue Growth

Negative revenue growth indicates declining sales, which could impact future profitability and market share if not addressed.

Negative Free Cash Flow Growth

Decreasing free cash flow growth may limit the company's ability to invest in growth opportunities and manage debt effectively.

Watch-list Status

Being on a watch-list can indicate financial instability, potentially affecting investor confidence and access to capital.

Addvalue Technologies Ltd Business Overview & Revenue Model

Company Description

Addvalue Technologies Ltd (A31) is a leading provider of innovative satellite communication solutions, primarily serving the maritime, land mobile, and aviation sectors. The company specializes in developing advanced satellite communication systems and services that enhance connectivity and data transmission for various applications, including tracking, monitoring, and communications in remote areas. Its core products include satellite terminals and integrated solutions that enable real-time data exchange and operational efficiency for its clients.

How the Company Makes Money

Addvalue Technologies Ltd generates revenue through multiple streams, primarily by selling satellite communication hardware, including terminals and related equipment. The company also earns income from providing service contracts for ongoing support and maintenance of its systems. Additionally, it monetizes its technology through licensing agreements and partnerships with other telecommunications companies and service providers, enhancing its market reach and capabilities. The growth of its earnings is further supported by increasing demand for reliable communication solutions in remote and challenging environments, as industries rely more on connectivity for operational success.

Addvalue Technologies Ltd Financial Statement Overview

Summary

Addvalue Technologies Ltd demonstrates a mixed financial performance. The income statement shows strong profitability but declining revenue growth. The balance sheet is stable with moderate leverage and strong ROE, while the cash flow statement indicates adequate cash generation despite negative free cash flow growth. The company should focus on reversing the revenue decline to enhance its financial health.

Income Statement

Addvalue Technologies Ltd has shown a mixed performance in its income statement. The company achieved a gross profit margin of 52.14% and a net profit margin of 12.58% in the latest year, indicating strong profitability. However, the revenue growth rate was negative at -17.06%, suggesting a decline in sales. The EBIT margin of 13.50% and EBITDA margin of 22.19% are healthy, but the decline in revenue growth is a concern.

Balance Sheet

The balance sheet of Addvalue Technologies Ltd reflects a stable financial position with a debt-to-equity ratio of 0.60, indicating moderate leverage. The return on equity (ROE) is strong at 24.31%, showcasing effective use of equity to generate profits. The equity ratio stands at 32.52%, suggesting a balanced capital structure. Overall, the company maintains a solid balance sheet with manageable debt levels.

Cash Flow

The cash flow statement reveals a decline in free cash flow growth at -16.88%, which is a concern for future liquidity. However, the operating cash flow to net income ratio of 0.30 and free cash flow to net income ratio of 0.53 indicate that the company is generating sufficient cash relative to its net income. Despite the negative growth in free cash flow, the company maintains adequate cash flow coverage.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	15.53M	15.53M	12.77M	7.55M	5.46M	2.68M
Gross Profit	7.98M	8.10M	6.71M	3.60M	3.77M	730.16K
EBITDA	3.25M	3.44M	2.00M	-1.85M	-5.72M	-3.51M
Net Income	1.95M	1.95M	277.00K	-2.99M	-7.96M	-6.18M
Balance Sheet
Total Assets	24.72M	24.72M	19.01M	16.35M	14.89M	20.19M
Cash, Cash Equivalents and Short-Term Investments	1.51M	1.51M	538.00K	171.11K	985.82K	289.04K
Total Debt	4.79M	4.79M	5.17M	4.36M	5.91M	7.05M
Total Liabilities	16.68M	16.68M	12.88M	10.52M	12.46M	12.33M
Stockholders Equity	8.04M	8.04M	6.13M	5.83M	2.43M	7.86M
Cash Flow
Free Cash Flow	3.03M	1.87M	847.00K	-4.36M	-1.66M	-4.59M
Operating Cash Flow	3.56M	3.56M	1.77M	-2.73M	434.11K	-2.79M
Investing Cash Flow	-1.62M	-1.62M	-922.00K	-837.08K	-236.79K	-1.13M
Financing Cash Flow	-969.00K	-969.00K	-463.00K	3.09M	160.63K	4.13M

Addvalue Technologies Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
A31	65 Neutral	S$152.27M	32.14	40.64%	―	31.67%	250.00%
N01	62 Neutral	S$44.88M	―	-13.95%	―	-11.99%	-2666.67%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
BIX	54 Neutral	S$45.83M	35.26	2.00%	24.49%	4.89%	―
5AB	42 Neutral	S$33.19M	58.89	1.45%	―	-12.41%	-71.88%

Addvalue Technologies Ltd Corporate Events

Addvalue Technologies Secures $3.6M in Space Orders

Addvalue Technologies Ltd has secured new orders worth approximately US$3.6 million for its Inter-Satellite Data Relay System terminals from clients in America and Europe, enhancing its position in the space and satellite industry. These orders are expected to positively impact the company’s financial performance in the next year, with the order book now standing at US$17.5 million.

Addvalue Technologies Ltd Announces Convertible Bonds Conversion

Addvalue Technologies Ltd has announced the conversion and cancellation of a portion of its convertible bonds. On 11 November 2025, the company issued 23,776,996 new shares to bondholders, reducing the outstanding principal amount of the bonds from S$3,860,817 to S$3,456,608. This move increases the company’s share capital and is expected to enhance its financial flexibility, potentially impacting its market positioning and stakeholder interests positively.

Addvalue Technologies Exits SGX Watch-List Amid Regulatory Changes

Addvalue Technologies Ltd has been removed from the Singapore Exchange’s financial watch-list following regulatory changes by the Singapore Exchange Regulation. This removal reflects the company’s improved financial performance, achieving consecutive profitability in FY2024 and FY2025. Despite the regulatory change, Addvalue Technologies was on track to exit the watch-list on its own merits by the end of 2025. The company remains committed to transparency and aims to strengthen its financial position and support long-term growth, expressing gratitude to its stakeholders for their support during the watch-list period.

Addvalue Technologies Announces Board Restructuring

Addvalue Technologies Ltd. has announced a reconstitution of its Board and Board Committees due to recent changes in its directorship. The company has appointed Ms. Gwendolyn Gn Jong Yuh and Mr. Kelvin Chow Chung Yip as Independent Directors, effective from 14 October 2025, while Ms. Goh Liang Choo and Mr. Chua Chwee Koh have resigned, with their departures effective on 15 November 2025 and 26 October 2025, respectively. This restructuring is expected to align with the announcement of the company’s half-year results and may impact the composition of the Audit and Risk Committee.

Addvalue Technologies Secures Significant Orders Amid Watch-list Status

Addvalue Technologies Ltd has been placed on the SGX-ST watch-list due to financial entry criteria but has made significant strides in improving its financial standing. The company secured new orders worth approximately US$8.78 million in the second quarter of FY2026, bringing its order book to over US$18 million. These orders include supplying communication modules to a large technology customer, IDRS terminals for satellite fleet expansions, and design services for the defense industry. The fulfillment of these orders is expected to positively impact the company’s financial performance in the current year.

Addvalue Technologies Secures $3.02 Million in New Space Connectivity Orders

Addvalue Technologies Ltd has secured new orders worth approximately US$3.02 million for its Inter-Satellite Data Relay System (IDRS) terminals from two existing clients expanding their satellite constellations. This development enhances the company’s position in the space and satellite industry, with the orders expected to positively impact the financial year, contributing to an order book total of US$18.12 million.

Addvalue Technologies Converts Bonds to Shares, Boosting Capital

Addvalue Technologies Ltd has announced the conversion and cancellation of a portion of its previously issued convertible bonds. The company has allotted and issued over 67 million new shares to bondholders, reducing the outstanding principal amount of the bonds and increasing its share capital. This move is part of the company’s strategic financial management, potentially enhancing its market position and providing liquidity to stakeholders.

Addvalue Technologies Announces Director Resignations Amid Shareholder Pressure

Addvalue Technologies Ltd has announced the resignation of two directors, Mr. Chua Chwee Koh and Ms. Goh Liang Choo, following a request from a group of shareholders holding over 11% of the company’s shares. Despite the board’s confidence in the directors, they decided to step down voluntarily to allow for new appointments, ensuring compliance with corporate governance codes and listing rules. This move comes after the shareholders declined to discuss their concerns with the company’s leadership.

Addvalue Technologies Settles Arbitration with XEPIC Corporation

Addvalue Technologies Ltd has reached a settlement with XEPIC Corporation Limited regarding arbitration proceedings over contract disputes related to FPGA-based products and services. The settlement, which resolves all disputes on mutually acceptable terms, is not expected to materially impact Addvalue’s financial position.

Addvalue Technologies Ltd Conducts AGM with Electronic Voting

Addvalue Technologies Ltd held its Annual General Meeting (AGM) at their Singapore location, with the meeting chaired by Mr. Richard J. Denny. The AGM included the introduction of directors and key personnel, and the confirmation of a quorum. The meeting’s agenda was set out in a notice issued earlier in July, and all resolutions were to be voted on electronically.