Appulse (APL) AI Stock Analysis

• Market Cap: C$3.24M
• Dividend Yield: N/A
• Average Volume (3M): 210.00
• Price to Earnings (P/E): ―
• Beta (1Y): 1.02
• Revenue Growth: N/A
• EPS Growth: -144.44%
• Country: CA
• Employees: N/A
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Pollution & Treatment Controls
• EPS (TTM): >-0.01
• Shares Outstanding: 14,722,304
• 10 Day Avg. Volume: 100
• 30 Day Avg. Volume: 210
• PEG Ratio: -0.59
• Price to Book (P/B): 0.79
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.58
• 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: 40 Underperform
• Price Target: C$0.20 ▼(-7.27% Downside)

The score is primarily weighed down by weak financial performance (zero revenue, losses, and significant cash burn), with only partial offset from a debt-free balance sheet. Technicals also remain bearish (negative MACD and below longer-term moving averages), while valuation is constrained by negative earnings and no provided dividend yield.

Positive Factors

Strong Balance Sheet

A strong balance sheet with no debt provides financial stability and flexibility, allowing the company to withstand economic fluctuations and invest in growth opportunities.

High Dividend Yield

A high dividend yield can attract income-focused investors and indicates the company's commitment to returning capital to shareholders, enhancing investor confidence.

Capital Investment

Substantial capital investments indicate a focus on future growth and expansion, which can improve competitive positioning and drive long-term revenue growth.

Negative Factors

Declining Revenue

Declining revenue and profitability highlight operational challenges and competitive pressures, which can undermine long-term growth and market position if not addressed.

Negative Operating Cash Flow

Negative operating cash flow indicates difficulties in generating cash from core operations, which can strain liquidity and limit the ability to fund growth initiatives.

Impact of Subsidiary Sale

The sale of a key subsidiary has resulted in a significant drop in operating revenues, necessitating new investments to rebuild revenue streams and sustain profitability.

Appulse Business Overview & Revenue Model

Company Description

Appulse Corporation, through its subsidiaries, sells new and refurbished centrifuge machines and parts in Canada, the United States, and internationally. The company is also involved in the rental of centrifuge equipment; provision of maintenance services, and consulting and design advisory services to industries, as well as machining services for equipment repairs; and manufacture of parts using machining and milling equipment. In addition, it offers value added services, including a balancing service for large equipment, such as centrifuge bowls. The company provides its products and services for food and beverage processing, and environmental applications, as well as serves other industries comprising the oil and gas service, refinery, marine processing, and pharmaceutical industries. Appulse Corporation is based in Calgary, Canada.

How the Company Makes Money

Appulse Financial Statement Overview

Summary

Appulse is facing significant challenges in income generation, with declining revenues and profitability. Despite this, a strong balance sheet with no debt provides some stability. Cash flow management is mixed and needs improvement.

Income Statement

The financial performance of Appulse has shown significant volatility. The TTM indicates a profound downturn with negative total revenue and gross profit, which is concerning. Historical data shows a decline in revenue and profits, with recent periods reflecting losses. The net profit margin is notably low, and revenue growth has been negative. This suggests a challenging operating environment and competitive pressures.

Balance Sheet

Appulse maintains a strong balance sheet with no total debt and a high equity ratio, indicating financial stability and low leverage. The return on equity has been inconsistent, reflecting fluctuating profitability. Despite recent losses, the company's strong equity base provides a buffer against financial distress.

Cash Flow

The cash flow situation presents mixed signals. Operating cash flow is negative in the TTM, which is concerning, but historical free cash flow has shown some growth. The high investing cash flow in the TTM suggests substantial capital investments or asset sales. The operating cash flow to net income ratio has been variable, indicating challenges in converting income to cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	10.45M	9.23M	10.46M
Gross Profit	0.00	0.00	0.00	2.76M	2.57M	3.37M
EBITDA	-182.13K	-222.00K	337.47K	318.37K	1.35M	1.70M
Net Income	-68.66K	-145.00K	642.83K	237.54K	742.28K	1.10M
Balance Sheet
Total Assets	4.09M	4.15M	9.00M	10.39M	10.36M	10.00M
Cash, Cash Equivalents and Short-Term Investments	3.23M	3.37M	8.14M	339.47K	374.43K	285.39K
Total Debt	0.00	0.00	0.00	1.80M	1.75M	2.29M
Total Liabilities	43.61K	66.28K	639.28K	3.78M	4.11M	4.49M
Stockholders Equity	4.04M	4.09M	8.36M	6.61M	6.25M	5.51M
Cash Flow
Free Cash Flow	-38.17K	-581.74K	279.77K	-102.75K	683.46K	340.11K
Operating Cash Flow	-38.17K	-581.74K	279.77K	118.58K	916.32K	693.99K
Investing Cash Flow	0.00	0.00	8.88M	-202.86K	-232.86K	-347.86K
Financing Cash Flow	-1.99M	-4.19M	-1.35M	49.32K	-594.42K	-233.93K

Appulse Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.22
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:APL, the sentiment is Negative. The current price of 0.22 is above the 20-day moving average (MA) of 0.22, below the 50-day MA of 0.22, and below the 200-day MA of 0.23, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 27.48 is Positive, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:APL.

Appulse Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
RGEN	47 Neutral	C$3.81M	-0.89	―	―	―	―
DST	46 Neutral	C$12.20M	-1.97	―	―	-27.49%	-32.97%
WATR	45 Neutral	C$4.93M	-2.21	―	―	-68.14%	-209.09%
QST	45 Neutral	C$11.11M	-7.28	-7.42%	―	87.15%	47.74%
ATMO	42 Neutral	C$475.25K	-1.47	―	―	―	19.70%
APL	40 Underperform	C$3.24M	-34.38	-1.36%	―	―	-144.44%

Appulse Corporate Events

Appulse Corporation Reports Financial Results and Strategic Moves for 2025

Appulse Corporation reported a net loss of $70,000 for the nine-month period ending September 30, 2025, compared to a $120,000 loss in the previous year. The company’s financial position is primarily composed of cash equivalents and an escrow receivable from the sale of its subsidiary. Appulse has granted 300,000 options to its directors to purchase common shares, aiming to enhance shareholder value through strategic investments.