TrickleStar Ltd. (CYW) AI Stock Analysis

• Market Cap: S$5.26M
• Dividend Yield: N/A
• Average Volume (3M): 2.42M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.96
• Revenue Growth: 5.95%
• EPS Growth: 64.63%
• Country: SG
• Employees: 14
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): <0.01
• Shares Outstanding: 154,667,110
• 10 Day Avg. Volume: 1,024,640
• 30 Day Avg. Volume: 2,416,176
• PEG Ratio: -0.03
• Price to Book (P/B): 0.62
• Price to Sales (P/S): 0.25
• P/FCF Ratio: -1.41
• 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: 47 Neutral
• Price Target: S$0.03 ▲(6.67% Upside)

TrickleStar Ltd.'s overall stock score is primarily impacted by its weak financial performance, characterized by declining revenues and persistent losses. The technical analysis shows some positive short-term trends, but the lack of strong momentum and negative valuation metrics further weigh down the score.

Positive Factors

Low Leverage Position

A low leverage position enhances financial stability, offering flexibility for future investments and reducing risk in economic downturns.

Strategic Collaborations

Collaborations can drive sales growth and market expansion, leveraging partner networks and resources for long-term competitive advantage.

Board Restructuring

Leadership changes can improve governance and operational focus, potentially enhancing strategic decision-making and company performance.

Negative Factors

Declining Revenue

Consistent revenue decline indicates challenges in market demand or competitive positioning, impacting long-term growth prospects.

Negative Cash Flows

Negative cash flows signal potential liquidity issues and operational inefficiencies, which can hinder investment and growth opportunities.

Persistent Losses

Ongoing losses undermine financial health and limit reinvestment capacity, posing risks to long-term viability and shareholder value.

TrickleStar Ltd. Business Overview & Revenue Model

Company Description

TrickleStar Limited designs and supplies energy optimization products to enable consumers reduce energy consumption in their homes and workplaces in the United States and Canada. Its products protect consumer devices and minimize environmental impact by reducing energy wastage from appliances and consumer electronics products. The company offers advanced power strips, surge protectors, energy monitors, USB motion sensors, power switches, portable power stations, WiFi electric water heater controllers, dryersavers, advanced keyboards, and smart thermostats. It also provides operational support services; and develops and sells electrical and energy-saving products. In addition, the company offers light level sensor, timer, motion sensor, and GSA power strips. It serves electric utilities; mechanical, electrical, and plumbing contractors; energy auditors; and energy efficiency programs. TrickleStar Limited was founded in 2007 and is headquartered in Kuala Lumpur, Malaysia.

How the Company Makes Money

TrickleStar generates revenue through the sale of its energy-efficient products and smart home technologies to both retail and wholesale customers. Key revenue streams include direct sales through e-commerce platforms, partnerships with major retailers, and distribution agreements with utility companies that promote energy-saving solutions to their customers. Additionally, the company may benefit from government incentives and rebates associated with energy efficiency initiatives, further enhancing its earnings potential. Strategic collaborations with technology firms and energy providers also contribute to expanding its market reach and driving sales growth.

TrickleStar Ltd. Financial Statement Overview

Summary

TrickleStar Ltd. is facing significant financial challenges, with declining revenues, persistent losses, and negative cash flows. Despite a low leverage position, the company's inability to generate profits and positive cash flows poses risks to its financial stability.

Income Statement

TrickleStar Ltd. has experienced declining revenue over the past few years, with a significant drop of 18.8% in 2024. The company has struggled with profitability, consistently reporting negative EBIT and net income margins. The gross profit margin has also decreased, indicating challenges in maintaining cost efficiency.

Balance Sheet

The company's balance sheet shows a low debt-to-equity ratio, suggesting conservative leverage. However, the return on equity is negative, reflecting ongoing losses. The equity ratio remains stable, indicating a solid capital structure despite profitability issues.

Cash Flow

TrickleStar Ltd. has faced challenges in generating positive cash flows, with negative operating and free cash flows in 2024. The free cash flow to net income ratio is positive, but the overall cash flow situation indicates liquidity concerns and operational inefficiencies.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	14.09M	11.48M	10.29M	13.82M	11.29M	16.97M
Gross Profit	3.57M	2.14M	2.39M	3.50M	1.80M	4.23M
EBITDA	-173.38K	-561.50K	-149.79K	-34.70K	-1.62M	917.84K
Net Income	-293.81K	-665.21K	-282.16K	164.30K	-2.39M	941.29K
Balance Sheet
Total Assets	7.16M	7.14M	8.58M	8.82M	9.11M	15.12M
Cash, Cash Equivalents and Short-Term Investments	2.56M	1.24M	3.28M	2.74M	3.13M	5.10M
Total Debt	51.81K	82.40K	138.12K	193.30K	557.17K	120.29K
Total Liabilities	1.61M	2.58M	3.45M	3.50M	4.04M	4.70M
Stockholders Equity	5.55M	4.56M	5.12M	5.32M	5.06M	10.42M
Cash Flow
Free Cash Flow	-786.05K	-1.99M	590.76K	213.28K	-408.23K	2.22M
Operating Cash Flow	-783.89K	-1.92M	677.54K	364.36K	550.21K	2.26M
Investing Cash Flow	-80.96K	-68.35K	-80.76K	-147.72K	-957.84K	-772.98K
Financing Cash Flow	909.66K	-61.35K	-63.11K	701.00K	-1.57M	-73.91K

TrickleStar Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.03
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:CYW, the sentiment is Positive. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and above the 200-day MA of 0.03, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 96.09 is Negative, neither overbought nor oversold. The STOCH value of 51.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:CYW.

TrickleStar Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Y3D	68 Neutral	S$55.16M	10.16	5.07%	4.10%	-6.98%	―
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
CYW	47 Neutral	S$5.26M	-12.07	-4.27%	―	5.95%	64.63%

TrickleStar Ltd. Corporate Events

TrickleStar Limited Updates on Rights Issue Proceeds Utilization

TrickleStar Limited, a company incorporated in Singapore, recently completed a renounceable non-underwritten rights issue, raising net proceeds of approximately S$0.806 million after expenses. The company has utilized S$427,000 of these proceeds for general corporate and working capital purposes, leaving a balance of S$379,000. This financial maneuver aligns with the company’s previously disclosed plans, potentially strengthening its operational capabilities and market position.

The most recent analyst rating on (SG:CYW) stock is a Hold with a S$0.03 price target. To see the full list of analyst forecasts on TrickleStar Ltd. stock, see the SG:CYW Stock Forecast page.