Global Invacom (QS9) AI Stock Analysis

• Market Cap: S$13.85M
• Dividend Yield: N/A
• Average Volume (3M): 6.30M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.96
• Revenue Growth: -39.26%
• EPS Growth: 14.79%
• Country: SG
• Employees: 124
• Sector: Technology
• Sector Strength: 88
• Industry: Communication Equipment
• EPS (TTM): -0.02
• Shares Outstanding: 282,402,300
• 10 Day Avg. Volume: 11,968,489
• 30 Day Avg. Volume: 6,304,449
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.45
• Price to Sales (P/S): 0.32
• P/FCF Ratio: -4.11
• 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$0.06 ▼(-8.33% Downside)

The score is held down primarily by weak financial performance (revenue contraction, persistent losses, and negative operating cash flow). Technicals provide partial support via a clear uptrend and positive momentum, but valuation remains challenged due to negative earnings and no indicated dividend yield.

Positive Factors

Innovation and Product Development

The award-winning XRJ transceiver highlights Global Invacom's commitment to innovation, enhancing its reputation and competitive edge in the satellite communications industry.

Strategic Partnerships

Strategic partnerships expand market reach and solidify Global Invacom's position in the telecommunications ecosystem, supporting long-term revenue growth and market presence.

Low Leverage

Low leverage provides financial flexibility and reduces risk, positioning Global Invacom to better navigate financial challenges and invest in growth opportunities.

Negative Factors

Declining Revenues

Significant revenue decline indicates challenges in maintaining market share and demand, potentially affecting long-term profitability and business sustainability.

Negative Cash Flow

Negative operating cash flow suggests inefficiencies in core operations, limiting the company's ability to fund growth initiatives and manage financial obligations.

SGX Watch-List Status

Being on the SGX watch-list reflects financial instability and pressures the company to improve its financial metrics, impacting investor confidence and strategic flexibility.

Global Invacom Business Overview & Revenue Model

Company Description

Global Invacom Group Limited, an investment holding company, engages in the research, development, design, and supply of satellite communications equipment in the United States, Europe, Asia, and internationally. The company operates in Very Small Aperture Terminal (VSAT) and Non-VSAT segments. It offers low noise blocks and multicasting media content; very small aperture terminals; data over satellite electronics; antennas; feed assemblies; supporting structures mounts; direct to home TV low noise blocks; box splitter; gateway termination units; switches and multi-switches and related accessories; motorization, tracking, and transportable products, as well as mobile systems and controllers; repeater solutions; military radio links; satellite communications products; hanger repeaters; compact solutions; conventional chassis mount transmitters; and TV receivers. The company also provides attenuators, bends, coax to waveguide transitions, couplers, filters and diplexers, flanges, horns, loads, magic tees, pressurization components, and twists and taper transitions; and frequency converters, GPS modules, L band splitters and combiners, inserters, fibre optics and solutions, VSAT products, and cable assemblies. The company was founded in 1985 and is based in Singapore.

How the Company Makes Money

Global Invacom generates revenue through the sale of its satellite communications equipment and related services. The company has a diverse revenue model that includes direct sales to telecommunications operators, television broadcasters, and other service providers. Key revenue streams include the sale of satellite antennas, RF products, and installation services. Additionally, Global Invacom benefits from strategic partnerships with leading industry players, enhancing its market reach and solidifying its position in the telecommunications ecosystem. The company's focus on research and development also allows it to introduce new products and solutions that cater to evolving customer needs, thereby driving growth and profitability.

Global Invacom Financial Statement Overview

Summary

Global Invacom is facing significant financial challenges, with declining revenues and persistent losses impacting profitability. While the company maintains a low debt-to-equity ratio, indicating limited leverage, the negative return on equity and cash flow issues highlight operational inefficiencies and financial instability.

Income Statement

The company has experienced a significant decline in revenue, with a 28.98% decrease in the latest year. Gross profit margin remains relatively stable at around 39%, but the net profit margin is negative, indicating losses. The EBIT and EBITDA margins are also negative, reflecting operational challenges and inefficiencies.

Balance Sheet

The debt-to-equity ratio is low at 0.06, suggesting limited leverage, which is a positive aspect. However, the return on equity is negative, indicating that the company is not generating sufficient returns on shareholders' equity. The equity ratio is not provided, but the overall financial stability appears weak due to ongoing losses.

Cash Flow

Free cash flow has shown growth, but the operating cash flow is negative, indicating cash flow challenges. The free cash flow to net income ratio is positive, suggesting some efficiency in converting profits to cash, but the overall cash flow situation remains concerning due to negative operating cash flows.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	26.55M	34.68M	39.81M	72.77M	82.54M	136.12M
Gross Profit	10.99M	13.66M	15.49M	14.42M	16.55M	33.95M
EBITDA	-4.96M	-5.08M	3.98M	-10.46M	4.85M	6.37M
Net Income	-6.35M	-8.37M	-963.00K	-15.53M	561.00K	3.45M
Balance Sheet
Total Assets	28.79M	34.09M	54.56M	56.25M	77.92M	100.87M
Cash, Cash Equivalents and Short-Term Investments	3.63M	5.13M	10.79M	9.24M	10.77M	14.89M
Total Debt	1.51M	1.57M	5.12M	8.69M	10.84M	13.98M
Total Liabilities	10.88M	9.59M	21.59M	22.67M	30.56M	38.89M
Stockholders Equity	25.77M	24.54M	33.00M	33.61M	47.38M	62.00M
Cash Flow
Free Cash Flow	-894.33K	-2.72M	1.20M	687.00K	-1.60M	10.05M
Operating Cash Flow	-115.24K	-2.23M	2.16M	1.16M	-537.00K	12.66M
Investing Cash Flow	-991.14K	-487.56K	4.88M	-462.00K	-278.00K	-1.95M
Financing Cash Flow	-2.15M	-5.03M	-4.99M	-2.21M	295.00K	-7.65M

Global Invacom Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.06
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:QS9, the sentiment is Positive. The current price of 0.06 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.05, and above the 200-day MA of 0.03, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 51.23 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:QS9.

Global Invacom 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%
QS9	47 Neutral	S$13.85M	-2.00	-23.80%	―	-39.26%	14.79%
5AB	42 Neutral	S$30.68M	54.44	1.45%	―	-12.41%	-71.88%

Global Invacom Corporate Events

Global Invacom Exits SGX-ST Watch-List Amid Regulatory Changes

Global Invacom Group Limited has been removed from the SGX-ST financial watch-list following regulatory changes announced by the Singapore Exchange Regulation. This removal marks a positive development for the company, reflecting its commitment to transparency and improved financial health, which is expected to bolster its long-term growth and reassure stakeholders.

Global Invacom Completes Subsidiary Dissolution with Minimal Impact

Global Invacom Group Limited has completed the dissolution of its wholly-owned subsidiaries, Raven Antenna Systems Inc. and Satellite Acquisition Corporation, following the approval of the Receiver’s Final Report by the North Carolina State Court. This dissolution is not expected to significantly impact the company’s financial metrics for the year ending December 31, 2025, and does not involve any direct or indirect interests from the company’s directors or controlling shareholders.

Global Invacom Announces Subsidiary Dissolution Amid Restructuring

Global Invacom Group Limited has announced the dissolution of its wholly-owned subsidiary, Global Invacom Sdn. Bhd., as part of a corporate restructuring effort. This move is not expected to significantly impact the company’s financial metrics for the year ending December 31, 2025, and no directors or substantial shareholders have any direct or indirect interest in this decision.