WiMi Hologram Cloud (WIMI) AI Stock Analysis

• Market Cap: $59.49M
• Dividend Yield: N/A
• Average Volume (3M): 5.52M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.00
• Revenue Growth: 14.77%
• EPS Growth: -23.52%
• Country: US
• Employees: 107
• Sector: Communication Services
• Sector Strength: 98
• Industry: Advertising Agencies
• EPS (TTM): -0.33
• Shares Outstanding: 176,300,500
• 10 Day Avg. Volume: 11,961,165
• 30 Day Avg. Volume: 5,521,526
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.85
• Price to Cash Flow (P/CF): N/A
• P/FCF Ratio: 0.00
• 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

WiMi Hologram Cloud is currently facing significant financial challenges, with unstable profitability and cash flows. While technical indicators suggest some positive momentum, valuation metrics and lack of earnings call insights add to the risk profile. The stock requires cautious evaluation amid its operational hurdles.

WiMi Hologram Cloud Business Overview & Revenue Model

Company Description

WiMi Hologram Cloud Inc. provides augmented reality (AR) based holographic services and products in China. It operates in three segments: AR Advertising Services, AR Entertainment, and Semiconductor Related Products and Services. The company primarily offers holographic AR advertising services and holographic AR entertainment products. Its holographic AR advertising software enables users to insert into video footages real or animated three-dimensional objects; and online holographic AR advertising solution embeds holographic AR ads into films and shows. The company's holographic AR entertainment products consist primarily of payment middleware software, game distribution platform, and holographic mixed reality software. In addition, it engages in the provision of central processing algorithm services, and provides computer chip products to enterprise customers, as well as sells comprehensive solutions for central processing algorithms and related services with software and hardware integration. Further, the company's holographic AR technologies are used in software engineering, content production, cloud, and big data. WiMi Hologram Cloud Inc. was founded in 2015 and is headquartered in Beijing, the People's Republic of China.

How the Company Makes Money

WiMi Hologram Cloud generates revenue through multiple streams centered around its holographic AR technologies. The company's primary revenue comes from providing holographic AR advertising services, where it partners with businesses to create immersive advertising experiences. Additionally, WiMi licenses its proprietary holographic AR software to third-party developers and enterprises who wish to integrate AR capabilities into their own products and services. The company also earns revenue from developing and selling holographic AR entertainment products, such as games and interactive experiences. Strategic partnerships with technology firms and media companies further bolster its revenue by expanding its market reach and enhancing product offerings.

WiMi Hologram Cloud Financial Statement Overview

Summary

WiMi Hologram Cloud faces significant profitability challenges with negative profit margins and fluctuating revenue. The balance sheet is stable with strong equity but increasing leverage. Cash flows are volatile, posing liquidity risks.

Income Statement

WiMi Hologram Cloud has experienced significant fluctuations in revenue, with a noticeable decline in recent years. Gross profit margin remained relatively stable, while net profit margin was severely negative due to substantial net losses. EBIT and EBITDA margins were also negative, indicating ongoing operational challenges and inefficiencies.

Balance Sheet

The company maintains a healthy equity base with a strong equity ratio, but the debt-to-equity ratio has slightly increased, suggesting a cautious uptick in leverage. Return on equity is negative due to persistent net losses, posing a risk to shareholder value.

Cash Flow

Operating cash flow has shown improvement but remains volatile. Free cash flow is positive for the most recent year, yet historical performance displays inconsistency. The ratio of operating cash flow to net income suggests better cash management compared to net profitability, but overall cash flow sustainability remains a concern.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
764.92M	585.37M	682.29M	933.79M	766.01M	319.18M
	Gross Profit
224.68M	173.70M	143.05M	249.57M	169.43M	173.01M
	EBIT
-287.83M	-617.06M	-260.33M	-127.93M	-153.42M	112.85M
	EBITDA
-192.75M	-222.07M	-308.71M	-228.44M	-135.73M	130.36M
	Net Income Common Stockholders
-411.33M	-421.19M	-376.82M	-254.39M	-144.96M	102.20M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
12.66M	773.84M	611.23M	785.44M	387.90M	129.05M
	Total Assets
0.00	1.03B	1.26B	1.51B	1.17B	563.50M
	Total Debt
0.00	49.92M	44.07M	90.37M	101.10M	87.03M
	Net Debt
12.66M	-288.25M	-528.71M	-661.54M	-253.92M	-42.02M
	Total Liabilities
0.00	269.47M	110.98M	165.56M	163.37M	140.78M
	Stockholders Equity
90.21M	752.98M	1.05B	1.26B	997.25M	422.72M
Cash Flow		Free Cash Flow
187.07M	20.49M	-239.26M	33.00M	-67.45M	143.76M
	Operating Cash Flow
242.87M	88.56M	-238.16M	58.16M	-66.96M	143.96M
	Investing Cash Flow
-413.82M	-304.74M	-90.25M	-237.67M	-228.13M	-126.48M
	Financing Cash Flow
267.78M	3.86M	108.86M	579.41M	562.64M	-40.97M

WiMi Hologram Cloud Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.29
• 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 WIMI, the sentiment is Negative. The current price of 0.29 is below the 20-day moving average (MA) of 0.66, below the 50-day MA of 0.78, and below the 200-day MA of 0.89, indicating a bearish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 52.19 is Neutral, neither overbought nor oversold. The STOCH value of 53.54 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for WIMI.

WiMi Hologram Cloud Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HIMX	75 Outperform	$1.14B	14.62	9.11%	4.75%	-4.43%	57.01%
Sector *	58 Neutral	$26.94B	3.15	-10.67%	4.32%	2.14%	-43.11%
KOPN	58 Neutral	$144.38M	―	-169.61%	―	0.60%	-115.20%
WIMI	56 Neutral	$59.49M	―	-45.22%	―	14.77%	-23.52%
IMMR	56 Neutral	$232.61M	6.88	29.19%	2.30%	―	―
MVIS	49 Neutral	$311.16M	―	-134.07%	―	-35.31%	-2.18%
VUZI	37 Underperform	$132.66M	―	-124.55%	―	-52.56%	-38.67%