Eonx Technologies (EONX) AI Stock Analysis

• Market Cap: C$15.98M
• Dividend Yield: N/A
• Average Volume (3M): 2.01K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.03
• Revenue Growth: 79.84%
• EPS Growth: 70.95%
• Country: CA
• Employees: N/A
• Sector: Technology
• Sector Strength: 86
• Industry: Software - Infrastructure
• EPS (TTM): 0.02
• Shares Outstanding: 39,939,793
• 10 Day Avg. Volume: 3,769
• 30 Day Avg. Volume: 2,009
• PEG Ratio: 0.00
• Price to Book (P/B): -8.49
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 9.84
• 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: 52 Neutral
• Price Target: C$0.50 ▲(25.00%Upside)

The overall stock score for Eonx Technologies is primarily influenced by its strong revenue growth and cash flow improvements, which offer potential for future stability. However, significant financial risks from negative equity and high leverage, along with technical overbought signals and a negative P/E ratio, weigh heavily on the score.

Eonx Technologies Business Overview & Revenue Model

Company Description

EonX Technologies Inc. operates as a financial technology company. The company provides payment processing services and branded White Label platforms for large enterprises. Its solutions include payment processor, e-wallets, inventory of online loyalty cards, and online store marketplace. The company was formerly known as 1263205 B.C. Ltd. and change its name to EonX Technologies Inc. in February 2021. EonX Technologies Inc. was founded in 2016 and is headquartered in Camberwell, Australia.

How the Company Makes Money

Eonx Technologies, Inc. generates revenue primarily through the sale of its software-as-a-service (SaaS) solutions, which businesses subscribe to in order to access EONX's digital platforms and tools. Key revenue streams include subscription fees for platform access, transaction fees from payment processing services, and service fees for customization and integration of their solutions into clients' existing systems. Additionally, EONX may engage in strategic partnerships with other technology providers and financial institutions, which can provide additional revenue opportunities and enhance their service offerings.

Eonx Technologies Financial Statement Overview

Summary

Eonx Technologies, Inc. exhibits strong revenue growth and improved cash flows, which are promising. However, the financial instability caused by negative equity and high leverage poses significant risks. The company's profitability has improved, but past losses and high debt levels remain concerning.

Income Statement

Eonx Technologies, Inc. shows significant revenue growth with a TTM total revenue increase from the prior annual period, though it struggles with profitability. The gross profit margin for TTM is 62.45% and the net profit margin is 8.97%, indicating a positive shift in profitability. However, previous periods show substantial losses, reflecting instability. The EBIT and EBITDA margins for TTM are 17.09% and 15.07% respectively, showing improvement but still below ideal levels for the software industry.

Balance Sheet

The balance sheet reflects high leverage and negative equity with a debt-to-equity ratio that cannot be calculated due to negative equity, indicating financial instability. The equity ratio is also negative, highlighting a precarious financial position. Return on equity is not calculable due to negative equity, further emphasizing risk. Despite this, the company has significant cash reserves, which could buffer against short-term liabilities.

Cash Flow

Cash flow is a strong point for Eonx Technologies, Inc., with a notable improvement in operating cash flow in TTM at $19.1M, reflecting strong cash generation capabilities. Free cash flow is also robust at $19.3M, indicating effective cash management. The operating cash flow to net income ratio is 11.34, showcasing efficient conversion of income to cash, and free cash flow to net income ratio is 11.41, both suggesting strong cash performance.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	18.83M	13.22M	15.05M	7.24M	5.47M	8.68M
Gross Profit	11.76M	5.48M	7.35M	1.54M	3.08M	5.02M
EBITDA	2.84M	-1.00M	-4.34M	-7.62M	-1.63M	1.34M
Net Income	1.69M	-2.22M	-5.72M	―	-4.70M	90.73K
Balance Sheet
Total Assets	28.18M	21.43M	15.87M	10.13M	9.56M	7.02M
Cash, Cash Equivalents and Short-Term Investments	16.39M	9.68M	4.87M	1.15M	5.13M	2.51M
Total Debt	3.45M	5.89M	8.59M	7.12M	8.74M	4.89M
Total Liabilities	37.44M	32.46M	24.95M	15.07M	13.80M	9.24M
Stockholders Equity	-9.25M	-11.04M	-9.08M	―	-4.25M	―
Cash Flow
Free Cash Flow	19.26M	8.68M	1.14M	―	-1.55M	1.91M
Operating Cash Flow	19.14M	8.70M	1.16M	―	-1.55M	1.91M
Investing Cash Flow	-67.69K	-118.47K	1.48M	―	193.30K	―
Financing Cash Flow	-5.46M	-3.77M	929.08K	1.78M	5.42M	―

Eonx Technologies Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.40
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:EONX, the sentiment is Positive. The current price of 0.4 is above the 20-day moving average (MA) of 0.31, above the 50-day MA of 0.22, and above the 200-day MA of 0.19, indicating a bullish trend. The MACD of 0.07 indicates Negative momentum. The RSI at 71.24 is Negative, neither overbought nor oversold. The STOCH value of 86.67 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:EONX.

Eonx Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$33.22B	5.99	-11.76%	1.91%	5.50%	-19.96%
EONX	52 Neutral	C$15.98M	―	20.16%	―	79.84%	70.95%
OPT	50 Neutral	C$9.68M	―	36.35%	―	4.13%	-5.54%
NBVA	45 Neutral	C$7.72M	220.00	0.79%	―	-74.44%	―
MTLO	41 Neutral	C$8.76M	―		―	-6.44%	13.82%
PKK	36 Underperform	C$5.57M	―	-224.98%	―	-85.42%	51.62%
VENZF		$2.93M	―	-330.27%	―	―	―