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Eonx Technologies, Inc. (TSE:EONX)
:EONX
Canadian Market

Eonx Technologies (EONX) AI Stock Analysis

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Eonx Technologies

(EONX)

Rating:48Neutral
Price Target:
C$0.00
▼(-100.00%Downside)
Eonx Technologies, Inc. presents a mixed outlook. The stock's strong cash flow and revenue growth are overshadowed by financial instability and overbought technical indicators. The negative P/E ratio raises valuation concerns. Investors should be cautious, given the financial risks and technical signals.

Eonx Technologies (EONX) vs. iShares MSCI Canada ETF (EWC)

Eonx Technologies Business Overview & Revenue Model

Company DescriptionEonx Technologies, Inc. (EONX) is a technology company specializing in digital transformation solutions. The company operates in sectors including financial services, retail, and healthcare, offering a suite of products and services designed to enhance customer engagement and streamline operations. EONX's core offerings include cloud-based platforms, payment solutions, and customer loyalty programs, all aimed at providing seamless digital experiences for businesses and their customers.
How the Company Makes MoneyEonx 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. presents a mixed financial picture. Strong revenue growth and improved cash flows are promising, but negative equity and prior period losses pose significant risks. While the company has made strides in profitability, its high leverage and negative equity are concerning. The robust cash flow indicates potential for improvement and stability in operations, but caution is warranted given the financial instability reflected in the balance sheet.
Income Statement
65
Positive
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
45
Neutral
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
80
Positive
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
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
18.83M13.22M15.05M7.24M5.47M8.68M
Gross Profit
11.76M5.48M7.35M1.54M3.08M5.02M
EBIT
3.22M-537.13K-5.61M-39.52K3.35M
EBITDA
2.84M-1.00M-4.34M-7.62M-1.63M1.34M
Net Income Common Stockholders
1.69M-2.22M-5.72M-4.70M90.73K
Balance SheetCash, Cash Equivalents and Short-Term Investments
16.39M9.68M4.87M1.15M5.13M2.51M
Total Assets
28.18M21.43M15.87M10.13M9.56M7.02M
Total Debt
3.45M5.89M8.59M7.12M8.74M4.89M
Net Debt
-12.94M-3.79M3.73M5.97M3.61M2.38M
Total Liabilities
37.44M32.46M24.95M15.07M13.80M9.24M
Stockholders Equity
-9.25M-11.04M-9.08M-4.25M
Cash FlowFree Cash Flow
19.26M8.68M1.14M-1.55M1.91M
Operating Cash Flow
19.14M8.70M1.16M-1.55M1.91M
Investing Cash Flow
-67.69K-118.47K1.48M193.30K
Financing Cash Flow
-5.46M-3.77M929.08K1.78M5.42M

Eonx Technologies Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.20
Price Trends
50DMA
0.16
Positive
100DMA
0.17
Positive
200DMA
0.17
Positive
Market Momentum
MACD
0.01
Negative
RSI
76.68
Negative
STOCH
100.00
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 0.2 is above the 20-day moving average (MA) of 0.16, above the 50-day MA of 0.16, and above the 200-day MA of 0.17, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 76.68 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:EONX.

Eonx Technologies Peers Comparison

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
62
Neutral
$11.75B10.58-7.10%2.91%7.47%-7.95%
48
Neutral
C$7.99M20.16%79.84%70.95%
TSOPT
45
Neutral
C$4.16M36.35%4.13%-5.54%
45
Neutral
C$5.61M150.000.79%-74.44%
41
Neutral
C$5.84M
-6.44%13.82%
TSPKK
36
Underperform
C$5.57M-224.98%-85.42%51.62%
27
Underperform
$4.52M-330.27%-100.00%34.17%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:EONX
Eonx Technologies
0.20
0.08
66.67%
TSE:MTLO
Martello Technologies Group Inc
0.01
-0.01
-50.00%
TSE:VENZ
Venzee Technologies
0.09
-0.08
-47.06%
TSE:PKK
Tenet Fintech Group Inc.
0.02
-0.05
-71.43%
TSE:OPT
Optiva Inc
0.63
-5.54
-89.79%
TSE:NBVA
Nubeva Technologies Ltd
0.08
-0.30
-78.95%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.