Ovation Science (OVAT) AI Stock Analysis

• Market Cap: $1.14M
• Dividend Yield: N/A
• Average Volume (3M): 2.35K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.33
• Revenue Growth: 35.35%
• EPS Growth: 31.85%
• Country: CA
• Employees: N/A
• Sector: Healthcare
• Sector Strength: 43
• Industry: Drug Manufacturers - Specialty & Generic
• EPS (TTM): -0.01
• Shares Outstanding: 37,844,680
• 10 Day Avg. Volume: 102
• 30 Day Avg. Volume: 2,355
• PEG Ratio: -0.23
• Price to Book (P/B): -1.05
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.48
• 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

Ovation Science's overall stock score is low due to severe financial challenges, including declining revenues, negative margins, high leverage, and liquidity issues. Despite some positive technical indicators, the negative valuation metrics and lack of earnings guidance or corporate events further weigh down the score.

Ovation Science Business Overview & Revenue Model

Company Description

Ovation Science Inc. is a healthcare company that specializes in the development and commercialization of topical and transdermal products using its patented Invisicare technology. The company operates in the pharmaceutical and skincare sectors, providing innovative solutions that enhance the delivery and efficacy of drugs and active ingredients through the skin.

How the Company Makes Money

Ovation Science generates revenue through the licensing and sale of its proprietary Invisicare technology to pharmaceutical and skincare companies. This technology is used to create more effective topical and transdermal products, enhancing the performance of active ingredients. The company's revenue streams include royalties from licensed products, direct product sales, and potential partnership agreements with other companies looking to incorporate Invisicare into their own product lines. Collaborations with established industry players also play a significant role in driving the company's earnings.

Ovation Science Financial Statement Overview

Summary

Ovation Science is experiencing significant financial distress. The income statement reveals consistent revenue decline, negative profit margins, and operational losses. The balance sheet shows negative equity and high leverage, raising solvency concerns. Cash flow analysis indicates liquidity constraints with negative operating and free cash flows.

Income Statement

Ovation Science has demonstrated a consistent decline in revenue over the years, with the latest TTM revenue growth rate showing negative growth. The company has negative gross profit and net income, leading to negative gross and net profit margins. The EBIT and EBITDA margins are also negative, indicating operational challenges.

Balance Sheet

The company has a negative stockholders' equity, which indicates high leverage and a concerning financial position. The debt-to-equity ratio cannot be calculated due to negative equity, but the total liabilities exceed total assets, indicating potential solvency issues. The equity ratio is also negative, further highlighting financial instability.

Cash Flow

The cash flow analysis shows negative operating cash flow and free cash flow, suggesting liquidity constraints. There is no improvement in free cash flow growth, and the operating cash flow to net income ratio is negative. This indicates that the company is struggling to generate cash from its operations.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
111.93K	61.93K	138.15K	224.95K	750.01K	302.38K
	Gross Profit
5.33K	43.27K	135.18K	188.00K	548.02K	283.93K
	EBIT
-647.88K	-764.01K	-792.36K	-808.36K	-1.07M	-834.31K
	EBITDA
-567.78K	-778.83K	-786.73K	-2.39M	-1.16M	-799.30K
	Net Income Common Stockholders
-621.90K	-813.15K	-795.15K	-2.41M	-1.20M	-870.02K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
48.85K	48.85K	28.90K	647.56K	1.54M	979.78K
	Total Assets
76.89K	76.89K	104.89K	769.90K	3.25M	1.84M
	Total Debt
192.62K	192.62K	41.13K	0.00	0.00	230.16K
	Net Debt
143.77K	143.77K	12.23K	-647.56K	-380.62K	-148.60K
	Total Liabilities
728.99K	728.99K	187.84K	63.74K	143.38K	362.24K
	Stockholders Equity
-652.10K	-652.10K	-82.95K	706.15K	3.11M	1.48M
Cash Flow		Free Cash Flow
-326.20K	-336.02K	-670.80K	-885.75K	-1.52M	-984.57K
	Operating Cash Flow
-326.20K	-336.02K	-670.80K	-885.75K	-1.39M	-952.90K
	Investing Cash Flow
0.00	0.00	0.00	1.16M	-685.18K	895.20K
	Financing Cash Flow
325.47K	356.16K	47.24K	0.00	2.05M	-28.15K

Ovation Science Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.03
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:OVAT, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.03, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 31.56 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:OVAT.

Ovation Science Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TRUL	59 Neutral	$1.19B	―	-12.39%	―	7.23%	64.93%
CURA	54 Neutral	$867.91M	―	-25.08%	―	-0.11%	11.22%
Sector *	52 Neutral	$5.19B	3.04	-44.20%	2.82%	16.59%	-0.39%
OVAT	39 Underperform	$1.14M	―	62.01%	―	35.35%	31.85%