Novra Technologies (NVI) AI Stock Analysis

• Market Cap: C$1.67M
• Dividend Yield: N/A
• Average Volume (3M): 14.45K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.85
• Revenue Growth: -19.37%
• EPS Growth: -772.00%
• Country: CA
• Employees: N/A
• Sector: Technology
• Sector Strength: 66
• Industry: Communication Equipment
• EPS (TTM): N/A
• Shares Outstanding: 33,420,290
• 10 Day Avg. Volume: 31,946
• 30 Day Avg. Volume: 14,448
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• 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

Novra Technologies' overall score reflects considerable financial instability, as evidenced by negative equity, declining revenues, and cash flow challenges. Technical analysis shows some positive price trends, but overbought indicators and negative momentum suggest caution. The valuation metrics underscore profitability concerns with a negative P/E ratio. The company must address financial and operational inefficiencies to improve its stock outlook.

Novra Technologies Business Overview & Revenue Model

Company Description

Novra Technologies Inc., together with its subsidiaries, provides hardware, software, and services for the distribution of satellite data in Canada, North America, Central America, South America, Europe, the Middle East, Africa, East Asia, South Asia, Southeast Asia, and Oceania. The company offers video distribution products and systems for the provision of end-to-end solutions to traditional and non-traditional video networks; infrastructure solutions for broadcast radio networks, including uplink and receive site equipment, as well as network management, encryption, and targeted regionalization/ad insertion options; and data distribution for hardware infrastructure, as well as content distribution network software solution. It also provides digital cinema network infrastructure and services; appliances for cinemas; decoders for live events; alternative content in 2D and 3D; digital cinema distribution software solutions; and DVB and ATSC compliant receivers for the broadband communications network market. The company was founded in 2000 and is headquartered in Winnipeg, Canada.

How the Company Makes Money

Novra Technologies makes money through the sale of its products and services related to data transmission and reception. Key revenue streams include hardware sales, such as satellite receivers and broadcast equipment, as well as software licenses for their data management solutions. The company also generates revenue through maintenance and support services, ensuring ongoing functionality and customer satisfaction. Partnerships with satellite operators, broadcasters, and technology integrators play a significant role in expanding their market reach and contributing to earnings.

Novra Technologies Financial Statement Overview

Summary

Novra Technologies is facing significant financial challenges across all verticals. The income statement reflects negative margins and revenue decline, the balance sheet shows high leverage and negative equity, and cash flow statements indicate operational cash constraints. The company must address these issues to stabilize its financial health and ensure long-term viability.

Income Statement

The income statement reveals a challenging period for Novra Technologies. The TTM shows a negative EBIT and net income, indicating operational struggles. The gross profit margin is approximately 46.27%, which is relatively strong, yet overshadowed by a significant net loss. Revenue has declined compared to the previous year, highlighting potential demand issues or market competitiveness. These factors suggest a need for strategic improvements.

Balance Sheet

The balance sheet highlights significant financial instability, with negative stockholders' equity and high leverage. The debt-to-equity ratio is not calculable due to negative equity, indicating financial risk. Asset figures have declined, and liabilities exceed assets, suggesting solvency concerns. These factors reflect a precarious financial position that requires urgent attention.

Cash Flow

Cash flow analysis points to difficulties in generating positive free cash flow. The TTM shows negative operating and free cash flows, indicating operational inefficiencies. The operating cash flow to net income ratio is negative, further emphasizing cash generation issues. These cash flow constraints could hinder future growth and operational flexibility.

Breakdown
Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
7.45M	7.60M	7.21M	4.98M	9.76M
	Gross Profit
4.08M	4.14M	3.33M	2.40M	4.82M
	EBIT
333.46K	-405.77K	362.31K	-2.75M	-1.23M
	EBITDA
792.17K	981.79K	1.49M	-978.17K	-58.77K
	Net Income Common Stockholders
-99.61K	-809.21K	-295.38K	-2.04M	-1.93M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.45M	1.97M	2.97M	3.86M	3.18M
	Total Assets
7.31M	8.81M	9.47M	10.25M	10.26M
	Total Debt
5.43M	5.72M	5.35M	6.02M	5.95M
	Net Debt
2.98M	3.75M	2.39M	2.16M	2.77M
	Total Liabilities
9.93M	11.65M	11.65M	12.63M	10.35M
	Stockholders Equity
-2.83M	-2.81M	-1.73M	-1.62M	70.24K
Cash Flow		Free Cash Flow
-510.44K	815.95K	-376.28K	734.60K	-340.29K
	Operating Cash Flow
110.19K	1.34M	251.71K	734.60K	-340.29K
	Investing Cash Flow
733.77K	-1.88M	-627.99K	0.00	0.00
	Financing Cash Flow
-497.65K	-702.19K	-1.12M	16.94K	-778.76K

Novra Technologies Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NVI, the sentiment is Negative. The current price of 0.05 is below the 20-day moving average (MA) of 0.07, below the 50-day MA of 0.08, and below the 200-day MA of 0.08, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 26.62 is Positive, 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 Negative sentiment for TSE:NVI.

Novra Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TTZ	66 Neutral	C$4.89M	15.95	6.33%	―	-14.45%	-29.70%
Sector *	60 Neutral	$10.94B	10.48	-7.04%	2.99%	7.55%	-12.20%
VTI	50 Neutral	C$4.68M	―	-33.87%	―	98.58%	51.85%
NVI	45 Neutral	C$1.67M	―	27.31%	―	-19.37%	-772.00%
LTE	41 Neutral	C$6.31M	―		―	30.25%	67.07%
YFI	34 Underperform	C$14.27M	―	7.60%	―	-100.00%	―

Novra Technologies Corporate Events

Novra Technologies Details Convertible Loan Agreement

Novra Technologies has detailed a Convertible Loan Agreement with SNAPS Holding Company, a US-based investment group, who will provide $12.258 million, potentially convertible into Novra shares. The loan’s completion hinges on approvals from the TSX Venture Exchange and Novra shareholders, while SNAPS is diversifying its portfolio to include high-growth tech entities like Novra. Despite delays due to market conditions, Novra expects to receive funds by March 31, 2025.

Novra Technologies Sees Strong Q4 Order Surge

Novra Technologies has announced impressive Q4 orders exceeding $2.3 million, indicating a robust rebound after weaker performance earlier in the year. This surge in orders spans various product lines, showcasing Novra’s leadership in broadcast and digital signage technology. The company is optimistic about sustaining this momentum into 2025.