Eddy Smart Home Solutions Ltd. (EDY) AI Stock Analysis

• Market Cap: C$15.32M
• Dividend Yield: N/A
• Average Volume (3M): 1.21K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.66
• Revenue Growth: 10.83%
• EPS Growth: 82.20%
• Country: CA
• Employees: N/A
• Sector: Technology
• Sector Strength: 84
• Industry: Hardware, Equipment & Parts
• EPS (TTM): -0.12
• Shares Outstanding: 6,128,623
• 10 Day Avg. Volume: 386
• 30 Day Avg. Volume: 1,205
• PEG Ratio: 0.00
• Price to Book (P/B): 48.83
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 4.80K
• 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: 36 Underperform
• Price Target: ―

Eddy Smart Home Solutions Ltd.'s overall stock score is low due to severe financial challenges, including negative equity and cash flow issues. While there is some positive momentum from corporate events and modest revenue growth, these are overshadowed by poor technical indicators and negative valuation metrics.

Eddy Smart Home Solutions Ltd. Business Overview & Revenue Model

Company Description

Eddy Smart Home Solutions Ltd. (EDY) is a technology company specializing in providing innovative smart home solutions. The company operates within the technology and home automation sectors, offering a range of products and services designed to enhance home efficiency and security. Eddy Smart Home Solutions integrates advanced technology into everyday home devices, enabling users to control and monitor their home environment remotely through smart devices.

How the Company Makes Money

Eddy Smart Home Solutions Ltd. generates revenue primarily through the sale of its smart home products and services. The company offers a suite of devices including smart thermostats, security cameras, and automated lighting systems, which customers purchase directly through their website or authorized retail partners. Additionally, Eddy Smart Home Solutions offers subscription-based services for enhanced features such as cloud storage for security footage and premium customer support. The company also collaborates with real estate developers and property management firms to integrate its smart home technology into new and existing residential projects, creating additional revenue streams through partnerships and bulk sales agreements.

Eddy Smart Home Solutions Ltd. Financial Statement Overview

Summary

Eddy Smart Home Solutions Ltd. faces significant financial challenges with persistent losses, negative equity, and cash flow issues. However, there is modest revenue growth and slight improvements in free cash flow, though overall financial health remains precarious.

Income Statement

Eddy Smart Home Solutions Ltd. shows a challenging financial picture with negative net income and EBIT margins, which indicate profitability issues. The gross profit margin is moderate at approximately 47% TTM, but net profit margin remains negative. Revenue growth is present, with a 7.7% increase from 2023 to 2024 TTM, highlighting some potential for revenue expansion.

Balance Sheet

The balance sheet is weak, with negative stockholders' equity indicating financial distress. The equity ratio is negative, and the company has no debt, which eliminates leverage risk but also reflects a lack of financial flexibility. Return on Equity is negative due to consistent losses.

Cash Flow

Cash flows are concerning, with negative operating and free cash flows suggesting liquidity issues. The operating cash flow to net income ratio is negative, indicating cash outflows exceed earnings. Despite this, there is a slight improvement in free cash flow growth from 2023 to 2024 TTM, indicating some operational improvement.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
3.67M	3.78M	3.41M	2.56M	1.22M	0.00
	Gross Profit
1.73M	1.99M	966.46K	1.44M	343.89K	0.00
	EBIT
-3.60M	-3.19M	-6.86M	-11.36M	-297.92K	-1.76K
	EBITDA
-6.08M	-2.87M	-8.98M	-10.98M	-7.51M	-1.76K
	Net Income Common Stockholders
-7.12M	-3.65M	-10.57M	-11.80M	-8.01M	-1.76K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
671.21K	407.14K	1.14M	450.31K	462.57K	250.00K
	Total Assets
12.43M	11.69M	11.34M	15.19M	462.57K	250.00K
	Total Debt
0.00	0.00	6.40M	3.00M	7.16M	0.00
	Net Debt
-671.21K	-407.14K	5.26M	2.55M	6.69M	-250.00K
	Total Liabilities
13.83M	13.98M	17.89M	11.25M	20.22K	4.26K
	Stockholders Equity
-1.41M	-2.29M	-6.56M	3.94M	442.35K	245.74K
Cash Flow		Free Cash Flow
-1.06M	-1.89M	-2.44M	-10.48M	-241.09K	2.50K
	Operating Cash Flow
-1.06M	-1.89M	-2.43M	-10.34M	-207.93K	2.50K
	Investing Cash Flow
-9.48K	0.00	-13.20K	384.19K	-33.16K	0.00
	Financing Cash Flow
966.91K	1.06M	3.13M	10.26M	420.50K	247.50K

Eddy Smart Home Solutions Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:EDY, the sentiment is Positive. The current price of 2.5 is above the 20-day moving average (MA) of 2.10, above the 50-day MA of 2.00, and below the 200-day MA of 2.67, indicating a neutral trend. The MACD of 0.14 indicates Negative momentum. The RSI at 82.48 is Negative, 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 Positive sentiment for TSE:EDY.

Eddy Smart Home Solutions Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NCI	75 Outperform	C$93.50M	9.33	135.14%	―	92.08%	100.09%
Sector *	62 Neutral	$11.97B	10.29	-7.47%	2.99%	7.32%	-8.06%
BOS	58 Neutral	C$131.40M	―	-11.69%	2.86%	-2.69%	66.63%
EDY	36 Underperform	C$15.32M	―	505.72%	―	10.83%	82.20%
REX	35 Underperform	C$4.80M	―	-74.41%	―	―	15.97%

Eddy Smart Home Solutions Ltd. Corporate Events

Eddy Smart Home Solutions Reports Strong 2024 Financial Performance

Eddy Smart Home Solutions Ltd. reported significant improvements in its financial performance for 2024, with a notable increase in in-building devices by 46% and a growing contracted sales backlog now at $38.7 million. The company has improved its liquidity by repaying debt facilities and reducing expenses, resulting in a reduced net loss and increased revenue. These developments highlight Eddy’s commitment to operational efficiency and its strengthening position in the market.

Spark’s Take on TSE:EDY Stock

According to Spark, TipRanks’ AI Analyst, TSE:EDY is a Underperform.

Eddy Smart Home Solutions Ltd. scores low due to severe financial challenges, characterized by negative equity and persistent losses. Although there is some positive momentum in short-term technical indicators, the overall financial instability and negative valuation metrics weigh heavily on the stock’s prospects.

To see Spark’s full report on TSE:EDY stock, click here.

Eddy Smart Home Solutions Ltd. Grants Equity Incentives to Leadership and Employees

Eddy Smart Home Solutions Ltd. has announced the granting of equity incentives, including stock options, restricted share units, and performance share units, to its directors, officers, and employees. This move is part of the company’s strategy to align the interests of its leadership and workforce with its long-term goals, potentially enhancing its operational efficiency and market positioning in the smart water metering industry.

Eddy Solutions Appoints New U.S. Sales Director to Boost Market Expansion

Eddy Solutions has appointed James Florentino as the Director of Sales for the U.S. to expand its market presence and meet the growing demand for leak protection solutions. Florentino’s expertise in water-related risk management and his strategic role will help Eddy Solutions strengthen its position in the U.S. market, enhancing partnerships and safeguarding properties from water damage.

Eddy Solutions Appoints Shkya Ghanbarian as Chief Strategy Officer Amid Expansion Plans

Eddy Solutions has appointed Shkya Ghanbarian as Chief Strategy Officer to bolster its executive team amid increasing demand for its advanced leak protection technology. Ghanbarian will lead strategic initiatives to expand Eddy’s presence in Canada and the U.S., with a focus on strengthening partnerships with insurers, property owners, and developers, enhancing IoT solutions, and reducing water-related risks. Her return indicates Eddy’s commitment to growing its market share and improving asset performance for its clients.

Eddy Smart Home Solutions Secures $1 Million Loan Facility to Enhance Operations

Eddy Smart Home Solutions Ltd. has secured a $1 million revolving credit facility from a non-arm’s length private lender, with the option to increase by an additional $500,000. The loan, which bears a 12% annual interest rate and matures in two years, will primarily support inventory purchases to meet contracted revenue backlog, potentially boosting the company’s operational capabilities and market positioning.