NexOptic Technology (NXO) AI Stock Analysis

• Market Cap: C$1.95M
• Dividend Yield: N/A
• Average Volume (3M): 0.00
• Price to Earnings (P/E): ―
• Beta (1Y): 2.63
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): N/A
• Shares Outstanding: 195,217,680
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: 0.06
• Price to Book (P/B): -3.71
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -9.42
• 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: 22 Underperform
• Price Target: ―

NexOptic Technology's overall stock score reflects severe financial distress characterized by ongoing losses, negative cash flows, and insolvency risks. Technical indicators show a bearish trend, while valuation metrics are unattractive due to a negative P/E ratio and absence of dividends. The stock may have some potential for a technical rebound due to oversold conditions, but significant financial challenges remain the primary concern.

Positive Factors

Strategic Focus on AI

Focusing on AI and data compression technologies positions NexOptic to capitalize on growing demand in AI-driven industries, potentially opening new revenue streams and improving competitive positioning.

Streamlined Operations

Streamlining operations by closing non-core subsidiaries can reduce costs and improve operational efficiency, allowing the company to focus resources on core competencies and strategic growth areas.

Funding for Growth

Securing additional funding provides NexOptic with capital to invest in technology development and marketing, which could enhance product offerings and expand market reach, supporting long-term growth.

Negative Factors

Financial Distress

The company's negative equity and high liabilities indicate financial instability, raising concerns about its ability to sustain operations and invest in growth without restructuring or additional capital.

Lack of Revenue

Consistent lack of revenue generation highlights severe challenges in monetizing technology, which could hinder long-term viability and limit the ability to attract new partnerships or investments.

Negative Cash Flow

Persistent negative cash flow suggests ongoing financial strain, limiting the company's ability to fund operations and invest in growth opportunities without external financing, impacting sustainability.

NexOptic Technology Business Overview & Revenue Model

Company Description

NexOptic Technology Corp., a technology company, develops and invests in optical and lens technologies. It engages in developing All Light Intelligent Imaging Solutions (ALIIS), a suite of intelligent imaging solution that processes raw images and video in real time; and DoubleTake, a wide-angle and telephoto camera that allow near-instant spotting and zooming capabilities. The company was formerly known as Elissa Resources Ltd. and changed its name to NexOptic Technology Corp. in February 2016. NexOptic Technology Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.

How the Company Makes Money

NexOptic Technology makes money primarily through the development and licensing of its proprietary optical technologies and lens designs. The company generates revenue by partnering with manufacturers and technology firms that integrate NexOptic's advanced optical solutions into their products. This includes licensing agreements, royalties, and direct sales of its lens systems. Additionally, NexOptic may engage in research and development collaborations with key industry players to co-develop new technologies, further contributing to its revenue streams. Significant partnerships with firms in sectors such as consumer electronics, security, and artificial intelligence also play a crucial role in expanding its market reach and driving sales.

NexOptic Technology Financial Statement Overview

Summary

NexOptic Technology presents a challenging financial situation with no revenue generation, consistent losses, and negative cash flows. The balance sheet reflects high leverage with negative equity, suggesting financial distress. Serious concerns about the company's viability are raised by the lack of revenue and cash generation capability.

Income Statement

NexOptic Technology has reported zero revenue consistently over multiple years, indicating no income generation capability. The company has reported continuous losses with negative EBIT and net income, highlighting severe profitability issues. The lack of revenue growth and negative margins represents a significant concern for the company's financial health.

Balance Sheet

The company's balance sheet shows negative stockholders' equity, reflecting insolvency risks. With a negative equity base and total liabilities far exceeding total assets, the company is in a precarious financial position. Additionally, the trend of increasing total liabilities combined with diminishing asset values further stresses financial instability.

Cash Flow

NexOptic Technology shows negative operating and free cash flow, indicating cash outflows continue to surpass inflows. While there are occasional positive financing inflows, these are not sustainable long-term solutions to cover the operational cash deficits. The company's inability to generate positive cash flow from operations remains a critical issue.

Breakdown	TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	0.00	0.00	-5.48M
EBITDA	-271.22K	180.91K	-3.79M	-3.52M	-6.16M	-7.20M
Net Income	-389.68K	-1.69M	-3.88M	-3.32M	-5.81M	-57.34M
Balance Sheet
Total Assets	77.19K	106.74K	1.01M	417.84K	2.45M	305.06K
Cash, Cash Equivalents and Short-Term Investments	30.77K	37.89K	762.34K	337.03K	2.34M	194.04K
Total Debt	80.74K	80.00K	60.00K	53.57K	47.83K	0.00
Total Liabilities	2.25M	1.94M	2.00M	1.06M	924.22K	1.31M
Stockholders Equity	-2.18M	-1.84M	-987.68K	-639.86K	1.52M	-1.00M
Cash Flow
Free Cash Flow	-16.18K	-723.41K	-1.73M	-2.06M	-2.12M	-5.47M
Operating Cash Flow	-16.18K	-723.41K	-1.73M	-2.06M	-2.12M	-5.47M
Investing Cash Flow	0.00	0.00	0.00	0.00	0.00	16.81K
Financing Cash Flow	0.00	0.00	2.15M	66.10K	4.26M	2.94M

NexOptic Technology Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.01
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NXO, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.01, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 46.73 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:NXO.

NexOptic Technology Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ZTE	76 Outperform	C$11.45M	11.40	18.01%	―	-17.91%	-54.21%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
EDY	43 Neutral	C$10.11M	-3.65	―	―	26.56%	94.17%
WIFI	41 Neutral	C$4.18M	-0.39	―	―	190.53%	-9.41%
YNV	37 Underperform	C$20.40M	-2.88	-155.37%	―	-21.98%	-32.07%
NXO	22 Underperform	C$1.95M	-5.00	―	―	―	―