Connexa Sports Technologies (YYAI) AI Stock Analysis

• Market Cap: $35.53M
• Dividend Yield: N/A
• Average Volume (3M): 2.97M
• Price to Earnings (P/E): ―
• Beta (1Y): -1.00
• Revenue Growth: -12.61%
• EPS Growth: 97.57%
• Country: US
• Employees: 8
• Sector: Consumer Cyclical
• Sector Strength: 80
• Industry: Leisure
• EPS (TTM): -9.20
• Shares Outstanding: 14,563,019
• 10 Day Avg. Volume: 3,984,596
• 30 Day Avg. Volume: 2,973,111
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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

• Rating: 25 Underperform
• Price Target: ―

YYAI's overall stock score reflects significant financial and operational challenges. Declining revenues, negative profitability, and high liabilities weigh heavily. Technical indicators show a bearish trend, and valuation metrics are poor, with the recent earnings call adding further uncertainty.

Connexa Sports Technologies Business Overview & Revenue Model

Company Description

Connexa Sports Technologies Inc. engages in the sports equipment and technology business in the United States. The company offers Slinger Launcher, a portable padel tennis ball launcher and pickleball launcher; and Slinger Bag Launcher, a ball launcher built into transport wheeled trolley bag. It also provides Gameface, AI technology and performance analytics for sports. Connexa Sports Technologies Inc. is based in Windsor Mill, Maryland.

How the Company Makes Money

Connexa Sports Technologies generates revenue through multiple streams, primarily through the sale of its technology products and services to individual consumers, sports teams, and organizations. The company offers subscription-based software solutions that provide analytics and performance insights, which are sold directly to sports teams and individual athletes. Additionally, Connexa collaborates with sports organizations through strategic partnerships, providing tailored technology solutions that enhance their operations and performance. The company may also earn revenue through licensing agreements and the sale of proprietary hardware or wearable devices that complement its software offerings.

Connexa Sports Technologies Financial Statement Overview

Summary

The company faces significant financial challenges with declining revenues and profitability, negative equity, high liabilities, and reliance on external funding. Cash flow is negative, reflecting operational and financial instability.

Income Statement

The company shows a declining revenue trend, with a significant drop from the previous year. Gross profit margins are low, and the net profit margin is deeply negative, indicating ongoing losses. EBIT and EBITDA margins are also negative, suggesting operational challenges and limited profitability.

Balance Sheet

The balance sheet reflects a weak financial position with negative stockholders' equity and high total liabilities. The debt-to-equity ratio is not calculable due to negative equity, but the overall leverage seems high. The equity ratio is negative, highlighting financial instability.

Cash Flow

The company has negative operating and free cash flows, indicating cash burn. However, a significant positive financing cash flow suggests reliance on external funding. The free cash flow to net income ratio is unfavorable, reflecting cash flow inefficiencies.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	12.82M	12.82M	8.40M	9.92M	16.10M	10.80M
Gross Profit	9.84M	9.84M	3.39M	-3.00M	4.22M	3.12M
EBITDA	7.21M	9.56M	-13.10M	-8.45M	-36.24M	-4.87M
Net Income	3.49M	3.49M	-15.64M	-29.74M	-51.77M	-18.59M
Balance Sheet
Total Assets	32.91M	32.91M	21.62M	7.11M	74.86M	5.70M
Cash, Cash Equivalents and Short-Term Investments	1.44M	1.44M	16.73M	202.09K	665.00K	928.80K
Total Debt	0.00	0.00	2.73M	3.44M	16.97M	6.15M
Total Liabilities	6.49M	6.49M	12.02M	25.72M	42.35M	24.15M
Stockholders Equity	25.28M	25.28M	9.60M	-18.61M	32.51M	-18.45M
Cash Flow
Free Cash Flow	-379.39K	-379.39K	-3.00M	-6.37M	-12.37M	-4.55M
Operating Cash Flow	-379.39K	-379.39K	-3.00M	-6.37M	-12.37M	-4.52M
Investing Cash Flow	4.00	0.00	-16.50M	0.00	-1.62M	-30.00K
Financing Cash Flow	394.78K	394.78K	19.48M	5.82M	13.73M	5.42M

Connexa Sports Technologies Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.25
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For YYAI, the sentiment is Negative. The current price of 2.25 is below the 20-day moving average (MA) of 4.08, below the 50-day MA of 2.70, and above the 200-day MA of 1.49, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 37.98 is Neutral, neither overbought nor oversold. The STOCH value of 38.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for YYAI.

Connexa Sports Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GOLF	74 Outperform	$4.40B	20.04	27.51%	1.25%	3.83%	28.57%
Sector *	61 Neutral	$17.59B	13.29	-5.28%	3.05%	1.25%	-14.67%
MODG	57 Neutral	$1.76B	―	-46.53%	―	-2.35%	-7104.57%
ISPO	51 Neutral	$37.40M	39.55	8.84%	―	-13.20%	―
PLBY	46 Neutral	$176.38M	―	-749.38%	―	21.73%	-29.67%
NWTG	46 Neutral	$9.08M	―	-259.77%	―	304.51%	75.05%
YYAI	25 Underperform	$35.53M	―	-34.34%	―	-12.61%	97.57%

Connexa Sports Technologies Corporate Events

Connexa Sports Acquires Majority Stake in YYEM

In a strategic move, the Company has acquired 70% of YYEM by purchasing shares from Hongyu Zhou for $56 million, signaling a significant shift in control. The transaction was approved by Nasdaq and involved both cash and stock exchanges, leading to the Seller holding a majority of the Company’s shares. This acquisition marks a pivotal transformation in the Company’s governance and ownership structure, offering potential opportunities and challenges for investors to consider.