Vibe Bioscience Ltd (VIBE) AI Stock Analysis

• Market Cap: C$539.85K
• Dividend Yield: N/A
• Average Volume (3M): 6.19K
• Price to Earnings (P/E): ―
• Beta (1Y): 4.47
• Revenue Growth: 32.33%
• EPS Growth: 24.01%
• Country: CA
• Employees: 110
• Sector: Healthcare
• Sector Strength: 45
• Industry: Drug Manufacturers - Specialty & Generic
• EPS (TTM): -0.07
• Shares Outstanding: 10,796,989
• 10 Day Avg. Volume: 10,465
• 30 Day Avg. Volume: 6,194
• PEG Ratio: >-0.01
• Price to Book (P/B): -0.11
• Price to Sales (P/S): 0.04
• P/FCF Ratio: 2.77
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 39 Underperform
• Price Target: C$0.06 ▲(14.00% Upside)

Vibe Bioscience Ltd's stock score is primarily impacted by its poor financial performance, characterized by declining revenues and negative equity. Technical analysis shows mixed signals, with bearish momentum and resistance at key moving averages. The valuation is unattractive due to a negative P/E ratio and no dividend yield. These factors collectively result in a low overall stock score.

Positive Factors

Revenue Growth

The significant revenue growth indicates strong market demand and effective sales strategies, suggesting potential for future expansion.

Cash Flow Improvement

Improvement in free cash flow suggests better cash management and operational efficiency, which can support future investments and debt reduction.

Operating Cash Flow

Positive operating cash flow indicates that the company is generating enough cash from its core operations, enhancing financial stability.

Negative Factors

Negative Equity

Negative equity raises concerns about solvency and financial health, potentially limiting the company's ability to secure financing.

Declining Revenues

The decline in revenue over the years suggests challenges in maintaining market share and competitiveness, impacting long-term growth prospects.

Persistent Losses

Ongoing operational losses highlight profitability issues, which may hinder the company's ability to invest in growth and innovation.

Vibe Bioscience Ltd Business Overview & Revenue Model

Company Description

Vibe Growth Corporation engages in the cultivation, production, retail, and distribution of cannabis for recreation and medicinal. The company operates five dispensaries, one distribution, and two cultivation operations, as well as sells its products through its e-commerce platform under the Vibe By California brand. It also involved in the indoor cultivation; commercial distribution and transportation; e-commerce and home delivery; and manufacturing of marijuana products. The company was formerly known as Vibe Bioscience Ltd. and changed its name to Vibe Growth Corporation in October 2020. Vibe Growth Corporation was incorporated in 2020 and is headquartered in Sacramento, California.

How the Company Makes Money

Vibe Bioscience Ltd generates revenue primarily through the sale of its cannabinoid-infused products. The company markets its products directly to consumers via online platforms and retail partnerships, capitalizing on the growing demand for natural health solutions. Additionally, VIBE may engage in strategic partnerships with healthcare providers and distributors, enhancing its market reach and driving sales. The company also potentially benefits from licensing agreements and collaborations with research institutions, enabling it to develop new products and expand its product line, which further contributes to its earnings.

Vibe Bioscience Ltd Financial Statement Overview

Summary

Vibe Bioscience Ltd is facing significant financial challenges, with declining revenues, persistent losses, and weakened financial stability. The balance sheet shows high leverage and negative equity, indicating solvency risks. Despite some improvement in cash flow, the overall financial condition is concerning.

Income Statement

Vibe Bioscience Ltd has experienced a significant decline in revenue over the years, with a noticeable decrease from $24.2M in 2020 to $12.7M in 2024. Gross profit margins have also deteriorated, falling from 35.2% in 2020 to 37.2% in 2024. The company has consistently reported negative EBIT and net income, indicating ongoing operational challenges. The net profit margin has remained negative, highlighting profitability issues. Overall, the income statement reflects a company struggling with declining revenues and persistent losses.

Balance Sheet

The balance sheet of Vibe Bioscience Ltd presents significant concerns. The company's stockholders' equity turned negative in 2024, indicating potential solvency issues. The debt-to-equity ratio cannot be calculated due to negative equity, which is a red flag for leverage risk. The equity ratio has shifted from 55.1% in 2020 to negative in 2024, demonstrating weakened financial stability. Overall, the balance sheet shows a company with high liabilities and diminishing asset base, posing a risk to financial health.

Cash Flow

The cash flow statement shows some improvement in free cash flow in 2024, rising to $202,824 from a negative position in previous years. Operating cash flow turned positive in 2024, a positive sign, but the company still faces challenges with consistent negative free cash flow in past periods, indicating cash management issues. The operating cash flow to net income ratio is positive but low due to negative net income, suggesting operational cash generation struggles. Overall, the cash flow situation, while slightly improving, remains concerning.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	17.59M	12.71M	14.15M	20.71M	29.29M	24.24M
Gross Profit	6.08M	4.74M	5.17M	6.49M	8.42M	8.54M
EBITDA	-2.94M	-3.91M	-8.42M	-3.63M	-1.11M	2.58M
Net Income	-6.47M	-6.54M	-11.13M	-9.45M	-4.30M	728.55K
Balance Sheet
Total Assets	16.22M	11.29M	16.28M	25.89M	32.90M	18.34M
Cash, Cash Equivalents and Short-Term Investments	1.03M	1.06M	1.17M	4.55M	9.10M	2.41M
Total Debt	2.38M	2.57M	2.89M	3.38M	2.83M	2.57M
Total Liabilities	17.87M	16.51M	15.20M	13.63M	11.50M	8.23M
Stockholders Equity	-8.64M	-5.22M	1.08M	12.26M	21.39M	10.11M
Cash Flow
Free Cash Flow	-47.45K	202.82K	-2.78M	-3.71M	-7.20M	193.36K
Operating Cash Flow	47.16K	233.74K	-2.71M	-1.97M	848.73K	724.34K
Investing Cash Flow	-94.61K	19.02K	-71.80K	-1.75M	-8.43M	362.35K
Financing Cash Flow	-338.99K	-360.37K	-595.55K	-699.14K	14.33M	-324.15K

Vibe Bioscience Ltd Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:VIBE, the sentiment is Negative. The current price of 0.05 is above the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.06, and below the 200-day MA of 0.06, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 45.91 is Neutral, neither overbought nor oversold. The STOCH value of 77.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:VIBE.

Vibe Bioscience Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	51 Neutral	$7.86B	-0.30	-43.30%	2.27%	22.53%	-2.21%
XBRA	49 Neutral	C$420.72K	-0.31	―	―	―	―
VIBE	39 Underperform	C$539.85K	-0.06	-201.37%	―	32.33%	24.01%
ASIA	31 Underperform	C$543.71K	-1.55	―	―	―	―