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SinglePoint (SING)
OTHER OTC:SING
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SinglePoint
(OTC:SING)
Rating:37Underperform
Price Target:―
SinglePoint (SING) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$98.20K
Dividend YieldN/A
Average Volume (3M)1.54M
Price to Earnings (P/E)―
Beta (1Y)1.11
Revenue Growth-30.89%
EPS Growth96.81%
CountryUS
Employees63
SectorTechnology
Sector Strength83
IndustrySolar
Share Statistics
EPS (TTM)-391.77
Shares Outstanding13,252,211
10 Day Avg. Volume835,628
30 Day Avg. Volume1,541,514
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)>-0.01
Price to Sales (P/S)0.00
P/FCF Ratio-0.02
Enterprise Value/Market Cap24.37
Enterprise Value/Revenue0.03
Enterprise Value/Gross Profit0.34
Enterprise Value/Ebitda-0.03
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
SinglePoint Business Overview & Revenue Model
Company DescriptionSinglePoint Inc. focuses on providing renewable energy solutions and energy-efficient applications in the United States. The company offers solar, environmental, and air purification services. It also operates as an online store; sells nutrients, lights, HVAC systems, and other products. In addition, the company offers solutions for vehicle repairs. Further, it provides digital and direct marketing services focused on customer lead generation in the solar energy industry. Additionally, the company offers battery backup, and electric vehicle chargers to homeowners and commercial business. SinglePoint Inc. is based in Phoenix, Arizona.
How the Company Makes MoneySinglePoint generates revenue through the sale and installation of solar energy systems and related energy efficiency products. The company partners with various suppliers and installers to deliver comprehensive energy solutions that meet the needs of its customers. By leveraging government incentives and financing options, SinglePoint makes solar installations more affordable, thus driving sales. Additionally, the company may engage in strategic acquisitions to enhance its product offerings and expand its market share within the renewable energy sector.
SinglePoint Financial Statement Overview
Summary
SinglePoint is facing significant financial challenges across all statements. The company struggles with declining revenue, substantial net losses, negative equity, and poor cash flow metrics. High leverage and negative margins further exacerbate financial risk, indicating serious financial instability.Income Statement
SinglePoint's income statement reveals significant challenges. The company has experienced a substantial decline in revenue from $26.32M in 2023 to $20.66M in TTM 2024, indicating a negative revenue growth rate. Gross profit margin stands at approximately 33.87% for TTM 2024, which is reasonable but overshadowed by a negative net profit margin of approximately -145.9%, driven by large net losses. The EBIT and EBITDA margins are both negative, reflecting ongoing operational inefficiencies and challenges in profitability.40
Negative
Balance Sheet
The balance sheet of SinglePoint signals financial instability. The company has negative stockholders' equity of -$6.19M, indicating that liabilities exceed assets. The debt-to-equity ratio is not meaningful due to the negative equity, but high total liabilities relative to assets suggest high leverage, posing a risk to financial health. Return on equity is not meaningful due to negative equity, and the equity ratio is negative, further emphasizing financial distress and vulnerability.25
Negative
Cash Flow
Cash flow analysis for SinglePoint highlights significant concerns. The company has negative operating and free cash flows, with free cash flow worsening from -$3.75M in 2023 to -$5.70M in TTM 2024. The operating cash flow to net income and free cash flow to net income ratios are not meaningful due to negative figures. Such cash flow trends indicate liquidity issues and a potential inability to sustain operations without external financing.30
Negative
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 20.66M | 26.32M | 21.79M | 808.90K | 2.88M | 3.34M | Gross Profit |
| 7.00M | 7.67M | 6.32M | 72.16K | 673.77K | 990.78K | EBIT |
| -20.03M | -15.59M | -6.78M | -4.93M | -3.30M | -5.46M | EBITDA |
| -22.93M | -15.59M | -6.84M | -5.62M | -1.71M | -5.97M | Net Income Common Stockholders |
| -30.15M | -18.19M | -10.04M | -5.54M | -6.69M | -9.96M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 110.13K | 758.62K | 564.24K | 191.49K | 198.47K | 110.13K | Total Assets |
| 2.42M | 17.25M | 19.12M | 2.37M | 2.92M | 2.42M | Total Debt |
| 3.11M | 5.16M | 11.51M | 2.26M | 4.21M | 3.11M | Net Debt |
| 3.00M | 4.40M | 10.95M | 2.07M | 4.01M | 3.00M | Total Liabilities |
| 6.93M | 16.37M | 24.00M | 3.61M | 6.11M | 6.93M | Stockholders Equity |
| -4.37M | 1.25M | -5.09M | -294.00K | -2.64M | -4.37M |
| Cash Flow | Free Cash Flow | ||||
| -5.73M | -3.75M | -4.26M | -4.85M | -1.96M | -1.79M | Operating Cash Flow |
| -5.66M | -3.65M | -4.16M | -4.83M | -1.96M | -1.79M | Investing Cash Flow |
| -109.30K | -175.40K | -1.52M | -44.70K | 25.00K | 0.00 | Financing Cash Flow |
| 5.39M | 4.02M | 6.06M | 4.87M | 2.02M | 1.83M |
SinglePoint Technical Analysis
Negative
0.01
Price Trends
0.02
Negative
0.07
Negative
9.82
Negative
Market Momentum
>-0.01
Negative
35.30
Neutral
60.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SING, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.02, and below the 200-day MA of 9.82, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 35.30 is Neutral, neither overbought nor oversold. The STOCH value of 60.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SING.
SinglePoint Risk Analysis
SinglePoint disclosed 26 risk factors in its most recent earnings report. SinglePoint reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
SinglePoint Peers Comparison
Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | $11.81B | 10.34 | -7.44% | 2.91% | 7.41% | -7.93% | |
50 Neutral | $62.19M | ― | ― | -51.35% | -103.78% | ||
44 Neutral | $2.94M | ― | -9999.00% | ― | -84.71% | 98.95% | |
44 Neutral | $23.14M | ― | -64.61% | ― | -40.34% | -39.60% | |
42 Neutral | $51.03M | ― | 307.38% | ― | -54.68% | 63.56% | |
41 Neutral | $27.68M | ― | -21.91% | ― | 16.55% | 15.72% | |
37 Underperform | $98.20K | ― | 487.24% | ― | -30.89% | 96.81% |
* Technology Sector Average
Performance Comparison
SING
SinglePoint
0.01
-22.57
-99.96%
ASTI
Ascent Solar Technologies
1.62
-10.47
-86.60%
VVPR
VivoPower International
6.15
4.10
200.00%
BEEM
Beam Global
1.50
-4.25
-73.91%
NOVA
Sunnova Energy International
0.22
-4.84
-95.65%
MAXN
Maxeon Solar Technologies
3.02
-147.98
-98.00%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.