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Xigem Technologies Inc (TSE:XIGM)
:XIGM
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Xigem Technologies
(XIGM)
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Rating:42Neutral
Price Target:
C$0.01
▲(0.00% Upside)
The score is weighed down primarily by weak financial quality (ongoing losses, very low margins, and negative operating/free cash flow) despite improved revenue and reduced losses. Technicals are also poor with extremely oversold momentum and price below the 200-day average. Valuation offers limited support due to negative earnings and no stated dividend yield.
Positive Factors
Revenue Growth
The substantial revenue growth indicates strong market demand for Xigem's SaaS platform, EchoDigital, suggesting a robust business model and potential for continued expansion.
Debt-Free Balance Sheet
Having no debt enhances financial stability and flexibility, allowing Xigem to invest in growth opportunities without the burden of interest obligations.
Operational Improvements
Operational improvements and reduced losses indicate effective management strategies, enhancing long-term profitability prospects and business sustainability.
Negative Factors
Negative Cash Flow
Persistent negative cash flow challenges Xigem's ability to self-fund operations, necessitating reliance on external financing, which could impact long-term financial health.
Profitability Challenges
Negative profit margins highlight inefficiencies in cost management and operational execution, posing significant hurdles to achieving sustainable profitability.
Low Free Cash Flow Conversion
Low cash conversion efficiency limits Xigem's ability to reinvest in growth and innovation, potentially constraining future business development and competitiveness.
Xigem Technologies (XIGM) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$650.75K
Dividend YieldN/A
Average Volume (3M)14.20K
Price to Earnings (P/E)―
Beta (1Y)2.25
Revenue Growth36.13%
EPS Growth50.39%
CountryCA
EmployeesN/A
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding65,075,270
10 Day Avg. Volume5,400
30 Day Avg. Volume14,200
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)1.68
Price to Sales (P/S)0.42
P/FCF Ratio-9.84
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Xigem Technologies Business Overview & Revenue Model
Company DescriptionXigem Technologies Corporation is a technology company that specializes in providing software solutions designed to optimize remote working, learning, and business operations. The company operates in the technology sector, with a focus on developing and deploying software products that enable digital transformation for businesses and institutions. Xigem's core products are aimed at enhancing productivity and efficiency in an increasingly digital and remote work environment.
How the Company Makes MoneyXigem Technologies primarily generates revenue through the sale and licensing of its proprietary software solutions. The company offers its products to businesses and institutions that require tools to improve remote operations and digital processes. Key revenue streams include recurring subscription fees from software-as-a-service (SaaS) offerings and one-time licensing fees for on-premise software solutions. Xigem may also partner with other technology providers to expand its market reach and integrate its solutions with complementary products, thereby enhancing its revenue potential.
Xigem Technologies Financial Statement Overview
Summary
Xigem Technologies demonstrates growth potential with increased revenue, yet faces significant hurdles in achieving profitability and cash flow stability. The company has no debt, which is a strength, but ongoing losses and negative cash flows highlight the need for improved operational efficiency and cost control to ensure long-term sustainability.Income Statement
Xigem Technologies has shown substantial revenue growth from the previous period, indicating positive sales traction. However, the company suffers from negative gross profit and net income, leading to heavily negative profit margins. The EBIT and EBITDA margins are also deeply negative, highlighting operational inefficiencies and significant challenges in cost management.Balance Sheet
The balance sheet reflects a stable equity position with no debt, which minimizes financial risk. However, the return on equity is negative due to persistent net losses, and the equity ratio is moderate. The company needs to improve profitability to enhance shareholder value.Cash Flow
Operating cash flow remains negative, but there is a slight improvement in free cash flow from previous periods. The company has a low free cash flow to net income ratio, indicating challenges in converting earnings to cash. Financing activities have been a key source of cash, suggesting reliance on external funding.| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.40M | 1.73M | 439.68K | 0.00 | 0.00 | 0.00 |
| Gross Profit | 42.00K | 51.86K | 13.19K | -1.38M | -222.74K | -24.66K |
| EBITDA | -238.35K | -363.74K | -1.08M | -4.84M | -5.75M | -178.81K |
| Net Income | -353.22K | -488.24K | -1.25M | -6.23M | -5.98M | -205.84K |
Balance Sheet | ||||||
| Total Assets | 951.75K | 972.35K | 1.04M | 615.27K | 2.81M | 5.96K |
| Cash, Cash Equivalents and Short-Term Investments | 32.68K | 34.45K | 3.89K | 38.31K | 684.04K | 2.17M |
| Total Debt | 50.27K | 0.00 | 0.00 | 0.00 | 163.88K | 7.42K |
| Total Liabilities | 328.67K | 536.91K | 381.83K | 324.47K | 677.99K | 129.99K |
| Stockholders Equity | 623.08K | 435.43K | 660.92K | 290.81K | 2.13M | 2.80M |
Cash Flow | ||||||
| Free Cash Flow | -363.64K | -74.44K | -138.35K | -665.72K | -2.31M | -12.56K |
| Operating Cash Flow | -464.14K | -74.44K | -138.35K | -649.97K | -1.69M | -5.82K |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | -15.75K | -622.34K | -6.74K |
| Financing Cash Flow | 391.07K | 105.00K | 103.92K | 20.00K | 829.78K | 5.92K |
Xigem Technologies Technical Analysis
Negative
0.01
Price Trends
0.01
Negative
0.01
Negative
0.01
Negative
Market Momentum
>-0.01
Negative
13.07
Positive
<0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:XIGM, 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 13.07 is Positive, 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:XIGM.
Xigem Technologies Peers Comparison
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.