Comet Industries (CMU) AI Stock Analysis

• Market Cap: C$22.70M
• Dividend Yield: N/A
• Average Volume (3M): 536.00
• Price to Earnings (P/E): ―
• Beta (1Y): 0.20
• Revenue Growth: -98.33%
• EPS Growth: -106.44%
• Country: CA
• Employees: N/A
• Sector: Industrials
• Sector Strength: 93
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 5,136,091
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 536
• PEG Ratio: 1.28
• Price to Book (P/B): 2.09
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -11.43
• 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

• Rating: 56 Neutral
• Price Target: C$4.50 ▲(1.81%Upside)

The overall stock score of 56 reflects significant financial challenges, particularly in profitability and cash flow, which are partially offset by positive technical indicators and promising corporate developments. The valuation remains a concern due to negative earnings, but the strategic progress in the Iron Mask Industrial Park development provides a positive outlook for future growth.

Comet Industries Business Overview & Revenue Model

Company Description

Comet Industries (CMU) is a diversified technology company specializing in innovative solutions across various sectors, including renewable energy, advanced materials, and software development. With a focus on sustainability and cutting-edge technology, Comet Industries delivers high-quality products and services designed to meet the evolving needs of its global clientele.

How the Company Makes Money

Comet Industries generates revenue through a multifaceted model that includes the sale of renewable energy solutions, licensing of advanced materials technology, and subscription services for software products. Key revenue streams include direct sales of solar panels and wind turbines, royalties from patented materials innovations, and recurring revenue from software-as-a-service (SaaS) offerings. Strategic partnerships with industry leaders and government contracts further bolster the company's earnings, allowing Comet Industries to maintain a robust financial profile and expand its market reach.

Comet Industries Financial Statement Overview

Summary

Comet Industries faces significant financial challenges with negative income statement margins and volatile revenue growth. While the balance sheet is strong with low leverage and high equity, indicating financial stability, the negative cash flows suggest liquidity concerns. Improvement in cost structure and cash generation is needed to enhance financial health.

Income Statement

Comet Industries has experienced significant variability in its income statement metrics. The gross profit margin is negative, indicating a cost structure that exceeds revenue. The net profit margin is also negative, reflecting significant net losses, and EBIT and EBITDA margins are deeply negative, highlighting a challenging operational environment. The revenue growth rate has been volatile, with substantial declines in the recent period, signaling potential instability in revenue generation.

Balance Sheet

The balance sheet shows a relatively strong equity position with a high equity ratio, indicating financial stability. The debt-to-equity ratio is low, suggesting prudent leverage management. However, the return on equity is negative due to net losses, which is a concern. Overall, the balance sheet demonstrates good capital structure management despite profitability challenges.

Cash Flow

Operating cash flow is consistently negative, reflecting cash outflows from operations. Free cash flow is also negative, which is concerning for liquidity. The free cash flow to net income ratio is poor, indicating inefficiencies in converting net income to cash. Despite potential for improving cash flows, current figures suggest liquidity risk.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	3.24K	352.90K	609.50K	424.65K	309.98K
Gross Profit	-38.11K	276.29K	608.44K	423.53K	308.80K
EBITDA	-455.37K	-984.63K	-37.65K	-88.94K	-32.26K
Net Income	-400.04K	8.15M	-121.14K	360.19K	-67.93K
Balance Sheet
Total Assets	9.91M	11.27M	2.51M	2.65M	2.40M
Cash, Cash Equivalents and Short-Term Investments	3.79M	8.53M	730.98K	826.70K	311.36K
Total Debt	43.06K	79.88K	715.41K	738.23K	784.16K
Total Liabilities	234.41K	1.23M	884.20K	909.72K	1.01M
Stockholders Equity	9.67M	10.03M	1.62M	1.74M	1.38M
Cash Flow
Free Cash Flow	-1.49M	-728.98K	-52.90K	-41.30K	-6.39K
Operating Cash Flow	-1.49M	-710.98K	-52.90K	-41.30K	-6.39K
Investing Cash Flow	-3.25M	9.21M	0.00	608.38K	0.00
Financing Cash Flow	-3.24K	-695.41K	-42.82K	-51.73K	247.34K

Comet Industries Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.42
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CMU, the sentiment is Positive. The current price of 4.42 is above the 20-day moving average (MA) of 4.40, above the 50-day MA of 4.29, and above the 200-day MA of 4.23, indicating a bullish trend. The MACD of 0.03 indicates Positive momentum. The RSI at 63.45 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:CMU.

Comet Industries Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$11.14B	16.13	4.60%	2.08%	3.17%	-25.97%
GMA	59 Neutral	C$35.85M	―	-65.04%	―	-89.84%	-16.41%
CMU	56 Neutral	C$22.70M	―	-5.39%	―	-98.33%	-106.44%
EXN	36 Underperform	C$63.94M	―	-73.33%	―	―	-133.58%
BKM	32 Underperform	$18.33M	―	-1215.03%	―	―	20.70%
CPS	29 Underperform	C$16.21M	―	105.95%	―	―	37.52%

Comet Industries Corporate Events

Comet Industries Advances Iron Mask Industrial Park with Completed Archaeological Assessment

Comet Industries has completed an Archaeological Impact Assessment for its 200-acre Iron Mask Industrial Park in Kamloops, B.C., a proactive measure to ensure no culturally sensitive sites are affected during development. This assessment, conducted in consultation with 13 Indigenous communities, revealed no archaeological findings, thus facilitating a smoother development process. With this milestone, Comet is now awaiting final rezoning approvals and the Ministry of Transportation and Transit review, bringing the project closer to offering shovel-ready land for industrial use and fostering economic opportunities in the Kamloops region.

Comet Industries Advances Iron Mask Industrial Park Development

Comet Industries Ltd. has announced the next phase of development for the Iron Mask Industrial Park in Kamloops, B.C., awarding the earthworks contract to Extreme Excavating. This phase includes site preparation activities such as blasting, clearing, and grading, with sales of the first phase lots expected in Q3 2025. The industrial park aims to support local business growth by offering strategically located, fully serviced lots for distribution, logistics, manufacturing, and service sector companies. This project represents a significant opportunity to strengthen the region’s industrial base and is seen as a forward-looking investment in the local economy.