Aether Catalyst Solutions (ATHR) AI Stock Analysis

• Market Cap: C$3.02M
• Dividend Yield: N/A
• Average Volume (3M): 239.31K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.26
• Revenue Growth: N/A
• EPS Growth: -67.37%
• Country: CA
• Employees: N/A
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Parts
• EPS (TTM): >-0.01
• Shares Outstanding: 75,430,610
• 10 Day Avg. Volume: 125,831
• 30 Day Avg. Volume: 239,308
• PEG Ratio: 0.28
• Price to Book (P/B): -3.28
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -8.11
• 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: 41 Neutral
• Price Target: C$0.04 ▼(-24.00% Downside)

The score is driven primarily by very weak financial performance (no revenue, negative gross profit, widening losses, and accelerating cash burn) and a fragile balance sheet with negative equity. Technical indicators add further pressure with a clear downtrend and negative momentum. Valuation is difficult to justify with a negative P/E and no dividend support.

Positive Factors

Industry exposure — Auto - Parts

Operating in the auto-parts industry provides durable structural demand from vehicle maintenance and replacement cycles. That steady underlying demand can support persistent revenue opportunities long-term if the company restores product-market fit and distribution.

Low systematic volatility (Beta)

A low beta signals lower sensitivity to broad market swings, which can reduce financing and refinancing stress during market volatility. Over a multi-month horizon, this helps preserve relative stability in access to capital and supports measured operational planning.

History of stronger equity position

Historical periods with positive equity indicate the business has previously operated with a healthier capital structure. This suggests the deterioration is not irreversible and that restoration through operational improvement or recapitalization is feasible over months if management executes.

Negative Factors

No reported revenue across period

Zero reported revenue is a fundamental viability concern: without top-line receipts the company cannot self-fund operations or demonstrate product-market fit. Over 2–6 months this prevents sustainable cash generation and forces reliance on external financing or material strategic change.

Negative gross profit and widening losses

Persistent negative gross profit means direct costs exceed revenues, so the core cost structure is unprofitable. Combined with widening net losses, this indicates an unsustainable margin profile that requires structural business model changes to restore long-term profitability.

Accelerating cash burn and fragile balance sheet

Sharply negative operating and free cash flow alongside negative equity creates acute financing and dilution risk. Over months this depletes liquidity, limits investment capacity, and constrains survival unless financing, cost cuts, or revenue inflection occur, making the capital structure fragile.

Aether Catalyst Solutions Business Overview & Revenue Model

Company Description

Aether Catalyst Solutions, Inc. engages in commercializing patent pending catalyst technology for use in automotive emissions abatement. The company was formerly known as Catcon Technologies Ltd. and changed its name to Aether Catalyst Solutions, Inc. in June 2017. The company was incorporated in 2011 and is headquartered in Burnaby, Canada.

How the Company Makes Money

Aether Catalyst Solutions generates revenue primarily through the sale of its catalytic materials to original equipment manufacturers (OEMs) in the automotive industry. The company also engages in strategic partnerships and licensing agreements to extend its technology's reach and application across various markets. Additionally, Aether may receive funding from government grants and research collaborations aimed at advancing clean technology solutions.

Aether Catalyst Solutions Financial Statement Overview

Summary

Aether Catalyst Solutions, Inc. faces significant financial challenges, with zero revenue, persistent losses, negative equity, and cash flow deficits. The company’s financial health is precarious, with limited prospects for recovery without substantial operational changes or external financing.

Income Statement

Aether Catalyst Solutions, Inc. consistently reports zero revenue, indicating a lack of sales or operational income. The company has experienced high and increasing net losses over the periods analyzed, with negative EBIT and EBITDA margins, suggesting operational inefficiencies and ongoing financial strain. This trend indicates a challenging environment for profit generation.

Balance Sheet

The company has a negative and worsening stockholders' equity, indicating financial distress and potential insolvency risk. High leverage is evident, with total liabilities significantly exceeding assets and negative equity, posing risks to financial stability and limiting capital access.

Cash Flow

Negative operating and free cash flows persist, reflecting cash outflows and potential liquidity challenges. Although some financing inflows are observed, they are primarily used to cover operating deficits, rather than for growth or investment purposes.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-37.31K	-57.38K	-69.63K	-57.23K	-70.63K	-55.41K
EBITDA	-927.09K	-419.00K	-536.00K	-518.00K	-381.00K	-346.27K
Net Income	-1.06M	-573.00K	-615.00K	-537.00K	-469.11K	-426.54K
Balance Sheet
Total Assets	281.46K	200.32K	96.69K	221.00K	762.42K	292.09K
Cash, Cash Equivalents and Short-Term Investments	93.12K	11.60K	17.24K	63.89K	588.69K	45.41K
Total Debt	437.23K	462.90K	168.04K	90.94K	127.77K	174.13K
Total Liabilities	589.74K	796.15K	324.56K	155.82K	203.91K	401.29K
Stockholders Equity	-308.28K	-595.83K	-227.87K	65.19K	558.50K	-109.19K
Cash Flow
Free Cash Flow	-1.03M	-240.71K	-341.68K	-506.98K	-427.34K	-209.36K
Operating Cash Flow	-1.02M	-240.71K	-335.95K	-475.06K	-427.34K	-147.94K
Investing Cash Flow	-13.59K	0.00	-5.73K	14.60K	0.00	-61.42K
Financing Cash Flow	1.12M	235.07K	295.02K	-64.34K	970.62K	109.57K

Aether Catalyst Solutions Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ATHR, the sentiment is Negative. The current price of 0.05 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.06, and below the 200-day MA of 0.08, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 38.95 is Neutral, neither overbought nor oversold. The STOCH value of -19.44 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ATHR.

Aether Catalyst Solutions Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MG	77 Outperform	C$21.51B	15.00	8.31%	3.69%	0.66%	-0.61%
LNR	73 Outperform	C$5.24B	21.41	4.01%	1.32%	-5.33%	-57.58%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
MRE	51 Neutral	C$770.50M	-18.93	-2.64%	1.93%	-7.25%	-143.07%
WPRT	50 Neutral	C$50.18M	-0.65	-24.45%	―	-47.09%	-119.76%
FHYD	43 Neutral	C$32.27M	-9.24	―	―	―	57.00%
ATHR	41 Neutral	C$3.02M	-2.52	―	―	―	-67.37%