Spacefy (SPFY) AI Stock Analysis

• Market Cap: $454.59K
• Dividend Yield: N/A
• Average Volume (3M): 6.33K
• Price to Earnings (P/E): ―
• Beta (1Y): -2.76
• Revenue Growth: N/A
• EPS Growth: -12.50%
• Country: CA
• Employees: N/A
• Sector: Communication Services
• Sector Strength: 97
• Industry: Internet Content & Information
• EPS (TTM): 0.00
• Shares Outstanding: 45,458,607
• 10 Day Avg. Volume: 14,548
• 30 Day Avg. Volume: 6,327
• PEG Ratio: 0.45
• Price to Book (P/B): -1.38
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -36.21
• Enterprise Value/Market Cap: 1.62
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: -18.20
• Enterprise Value/Ebitda: -8.60
• 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: 29 Underperform
• Price Target: ―

Spacefy's overall stock score is significantly impacted by its severe financial distress, including consistent losses, high leverage, and negative cash flow, which pose high risks. The technical analysis provides some short-term optimism but is overshadowed by negative overall trends. Valuation metrics underscore the company's unprofitable status, further weighing down the score. Without any earnings call data or notable corporate events, the financial challenges and valuation concerns dominate the stock's risk profile.

Spacefy Business Overview & Revenue Model

Company Description

Spacefy Inc. operates an online marketplace that connects individuals and businesses in the creative industry to space owners who provide locations to their project needs in the Canada and internationally. It operates in Spaces and Creatives segments. The company provides a marketplace where property owners and/or managers of venues can showcase their properties complete with detailed descriptions, photographs, and descriptions of various amenities. Its platform connects individuals or businesses with venue owners to find and book short-term locations, such as houses and condos, restaurants and bars, professional photography and music studios, vacant retail shops, event venues, or farms. The company serves photographers, filmmakers, ad agencies and their agents, event planners, musicians and other members of the arts community. Spacefy Inc. was incorporated in 2014 and is based in Toronto, Canada.

How the Company Makes Money

Spacefy makes money primarily through commission fees charged on bookings made through its platform. When a user books a space for a creative project, Spacefy takes a percentage of the transaction as a service fee. This fee is typically a commission split between the space owner and the user, incentivizing both parties to utilize the platform. Additionally, Spacefy may generate revenue from premium listings and other value-added services offered to space owners to enhance their visibility and booking potential. Strategic partnerships with property owners and creative organizations can also contribute to Spacefy's earnings by expanding its inventory and customer base.

Spacefy Financial Statement Overview

Summary

Spacefy faces severe financial distress marked by consistent losses, high leverage, negative equity, and poor cash flow management. The company needs to address its operational inefficiencies and financial structure to move towards stability and sustainability. The current financial state presents high risk and uncertainty, requiring strategic interventions to improve financial health.

Income Statement

The income statement reveals significant challenges with consistent negative profitability across key metrics. The company has negative gross profit and net income, resulting in negative margins, which indicate that costs far exceed revenues. Revenue has declined sharply over the years, leading to a negative growth trajectory. Such financial performance reflects operational inefficiencies and potential market challenges.

Balance Sheet

The balance sheet shows a concerning financial structure with negative stockholders' equity, indicating liabilities exceed assets. The debt-to-equity ratio is not meaningful due to negative equity, highlighting significant leverage and potential solvency issues. The company exhibits a low equity ratio, further emphasizing financial instability and high risk.

Cash Flow

The cash flow statement highlights significant cash flow challenges with persistent negative operating and free cash flows. There is no evidence of free cash flow growth, and the operating cash flow is substantially negative compared to net income, signifying cash management difficulties and limited operational cash generation capability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	525.00	1.17K	1.56K	4.26K
Gross Profit	-40.50K	-57.00K	-35.48K	-34.83K	-34.44K	-195.97K
EBITDA	-85.73K	-32.21K	-83.80K	-129.43K	-106.47K	-618.46K
Net Income	-85.73K	-33.39K	-83.80K	-129.43K	-106.47K	-665.75K
Balance Sheet
Total Assets	15.49K	12.93K	20.73K	22.81K	52.77K	36.02K
Cash, Cash Equivalents and Short-Term Investments	6.07K	3.50K	8.26K	8.02K	34.98K	14.42K
Total Debt	347.27K	343.12K	321.57K	267.00K	195.00K	115.00K
Total Liabilities	757.19K	672.39K	646.80K	565.08K	465.61K	342.40K
Stockholders Equity	-741.70K	-659.46K	-626.07K	-542.27K	-412.84K	-306.37K
Cash Flow
Free Cash Flow	-15.76K	-25.13K	-54.33K	-98.96K	-59.44K	-225.70K
Operating Cash Flow	-15.76K	-25.13K	-54.33K	-98.96K	-59.44K	-221.10K
Investing Cash Flow	0.00	0.00	0.00	0.00	0.00	-4.60K
Financing Cash Flow	20.77K	20.37K	54.57K	72.00K	80.00K	0.00

Spacefy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ELL	73 Outperform	C$2.14M	7.23	8.66%	―	4.74%	4.00%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
NTE	46 Neutral	C$1.99M	―	-1.44%	―	-7.90%	93.35%
GET	46 Neutral	―	―	―	―	―	―
SPFY	29 Underperform	$454.59K	-5.26	10.75%	―	―	-12.50%