Airiq Inc (IQ) AI Stock Analysis

• Market Cap: C$14.52M
• Dividend Yield: N/A
• Average Volume (3M): 13.76K
• Price to Earnings (P/E): 66.7
• Beta (1Y): 0.18
• Revenue Growth: 4.42%
• EPS Growth: -53.42%
• Country: CA
• Employees: 20
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): <0.01
• Shares Outstanding: 29,047,073
• 10 Day Avg. Volume: 18,469
• 30 Day Avg. Volume: 13,763
• PEG Ratio: -0.63
• Price to Book (P/B): 1.22
• Price to Sales (P/S): 1.78
• P/FCF Ratio: 118.76
• 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: 68 Neutral
• Price Target: ―

Airiq Inc shows strong financial health with no debt and a robust equity position, but recent profitability challenges and a stable yet reduced cash flow suggest caution. The stock's technical indicators are mixed, with short-term stability but potential long-term concerns. The valuation appears high, with a P/E ratio above market averages and no dividend yield. Positive corporate events highlight strategic growth, but the short-term impact on net income warrants attention.

Positive Factors

Strong Balance Sheet

A debt-free balance sheet with strong equity reduces financial risk, providing flexibility for strategic investments and resilience against economic downturns.

Recurring Revenue Growth

Growth in recurring revenue enhances financial stability and predictability, supporting long-term business sustainability and shareholder value.

Cash Generation Efficiency

Efficient cash generation relative to earnings indicates strong operational performance, enabling reinvestment in growth opportunities and financial stability.

Negative Factors

Declining Profit Margins

A decline in profit margins suggests rising costs or pricing pressures, which could impact long-term profitability if not addressed.

Reduced Free Cash Flow

Reduced free cash flow limits the company's ability to invest in growth initiatives and return capital to shareholders, potentially affecting future expansion.

Increasing Operating Expenses

Rising operating expenses can erode profitability, necessitating cost management strategies to maintain competitive advantage and financial health.

Airiq Inc Business Overview & Revenue Model

Company Description

Airiq Inc (IQ) is a technology-driven company specializing in advanced air quality monitoring solutions. Operating within the environmental technology sector, Airiq Inc develops innovative sensors and data analytics platforms that provide real-time air quality insights for urban environments, industrial sites, and residential areas. The company's products are designed to help organizations and individuals make informed decisions to improve air quality and comply with environmental regulations.

How the Company Makes Money

Airiq Inc generates revenue primarily through the sale of its air quality monitoring hardware and software solutions. The company offers subscription-based services for access to its data analytics platform, which provides detailed reports and insights on air quality metrics. Additionally, Airiq Inc partners with governmental and environmental organizations, offering customized solutions and consultancy services for large-scale projects aimed at improving air quality. Revenue is also supplemented through collaborations with industrial clients who require tailored monitoring solutions to meet regulatory compliance standards.

Airiq Inc Financial Statement Overview

Summary

Airiq Inc exhibits strong financial health with a solid balance sheet free of debt and a significant cash reserve. There is a consistent revenue growth trend, although recent profitability metrics indicate some challenges with increasing costs. The cash flow situation is stable but shows a reduction in free cash flow, which could affect future investments or distributions. Overall, the company is well-positioned but should monitor profitability closely.

Income Statement

The company shows strong profitability with a consistent gross profit margin around 60%. The net profit margin in TTM is approximately 6.75%, which is lower than the previous annual figure of 15.75%, indicating a recent decline in profitability. Revenue growth has been positive, with a notable increase from 2022 to 2023. However, the EBIT and EBITDA margins have decreased in the TTM period, suggesting increasing operating expenses or other cost pressures.

Balance Sheet

Airiq Inc has a robust balance sheet with zero total debt and a strong equity position, evidenced by an equity ratio of approximately 88.5% in the TTM period. The return on equity is slightly lower in TTM due to a decrease in net income but remains solid. The company’s strong cash position and lack of debt reduce financial risk significantly.

Cash Flow

Free cash flow has decreased in the TTM period, impacted by reduced operating cash flow compared to the previous year. However, the company maintains a healthy operating cash flow to net income ratio, suggesting efficient cash generation relative to earnings. The free cash flow to net income ratio has also decreased, indicating less cash available after capital expenditures.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.57M	5.54M	5.51M	5.05M	4.37M	3.71M
Gross Profit	3.32M	3.40M	3.35M	3.04M	2.68M	2.49M
EBITDA	1.04M	874.00K	1.54M	1.47M	1.05M	886.00K
Net Income	219.00K	203.00K	869.00K	3.69M	567.00K	449.00K
Balance Sheet
Total Assets	9.19M	9.14M	9.11M	8.44M	4.56M	3.91M
Cash, Cash Equivalents and Short-Term Investments	2.55M	3.09M	3.13M	2.18M	1.90M	1.83M
Total Debt	0.00	0.00	0.00	0.00	54.00K	117.00K
Total Liabilities	1.09M	1.04M	1.21M	1.48M	1.39M	1.19M
Stockholders Equity	8.09M	8.10M	7.90M	6.96M	3.17M	2.72M
Cash Flow
Free Cash Flow	-208.00K	83.00K	993.00K	399.00K	251.00K	-361.00K
Operating Cash Flow	1.27M	992.00K	1.65M	1.07M	1.21M	253.00K
Investing Cash Flow	-1.45M	-909.00K	-656.00K	-673.00K	-960.00K	-614.00K
Financing Cash Flow	-317.00K	-120.00K	-44.00K	-123.00K	-180.00K	-21.00K

Airiq Inc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.50
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:IQ, the sentiment is Positive. The current price of 0.5 is above the 20-day moving average (MA) of 0.50, below the 50-day MA of 0.50, and above the 200-day MA of 0.40, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 51.11 is Neutral, neither overbought nor oversold. The STOCH value of 86.90 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:IQ.

Airiq Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IQ	68 Neutral	C$14.52M	66.67	2.70%	―	4.42%	-53.42%
RW	62 Neutral	C$16.12M	70.49	446.71%	―	15.42%	―
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
ADCO	59 Neutral	$9.72M	-17.61	-4.97%	―	7.41%	55.10%
AXE	59 Neutral	C$11.74M	-14.18	―	―	-22.45%	-144.97%
VQS	45 Neutral	C$13.87M	-0.87	-9999.00%	―	-0.83%	-8.33%

Airiq Inc Corporate Events

AirIQ Reports Double-Digit Growth in Recurring Revenue for Q4 2024

AirIQ Inc. announced a significant increase in recurring revenue for the quarter ending December 31, 2024, with a 10% growth compared to the previous year. Despite a decrease in net income due to strategic investments in sales and marketing, the company remains focused on long-term growth and enhancing shareholder value through a stronger recurring revenue base.