Connexa Sports Technologies (YYAI) AI Stock Analysis

• Market Cap: $39.07M
• Dividend Yield: N/A
• Average Volume (3M): 6.52M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.16
• Revenue Growth: 61.04%
• EPS Growth: 99.61%
• Country: US
• Employees: 14
• Sector: Technology
• Sector Strength: 88
• Industry: Leisure
• EPS (TTM): -9.20
• Shares Outstanding: 37,927,433
• 10 Day Avg. Volume: 1,814,553
• 30 Day Avg. Volume: 6,518,487
• PEG Ratio: -0.03
• Price to Book (P/B): 0.46
• Price to Sales (P/S): 0.91
• P/FCF Ratio: -30.83
• Enterprise Value/Market Cap: -2.46
• Enterprise Value/Revenue: -5.41
• Enterprise Value/Gross Profit: -6.79
• Enterprise Value/Ebitda: -16.99
• 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: 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.

Positive Factors

Strategic Partnership

The partnership with JuCoin Capital to launch aiRWA positions Connexa in the growing digital asset market, potentially expanding revenue streams and market reach.

Innovative Product Development

Developing a next-gen cryptocurrency exchange with JuCoin can enhance Connexa's technological offerings, aligning with industry trends towards digital finance.

Acquisition Strategy

Acquiring a majority stake in YYEM could strengthen Connexa's market position and operational capabilities, potentially driving future growth and synergies.

Negative Factors

Declining Revenue

Declining revenue indicates challenges in maintaining market share and competitiveness, which could hinder long-term growth and profitability.

Negative Cash Flow

Negative cash flow suggests financial instability and reliance on external funding, which may limit strategic flexibility and investment capacity.

High Liabilities

High liabilities and negative equity increase financial risk, potentially impacting the company's ability to secure favorable financing and invest in growth.

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	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	12.82M	8.40M	9.92M	16.10M	10.80M
Gross Profit	9.84M	3.39M	-3.00M	4.22M	3.12M
EBITDA	9.56M	-13.10M	-8.45M	-36.24M	-4.87M
Net Income	3.49M	-15.64M	-29.74M	-51.77M	-18.59M
Balance Sheet
Total Assets	32.91M	21.62M	7.11M	74.86M	5.70M
Cash, Cash Equivalents and Short-Term Investments	1.44M	16.73M	202.09K	665.00K	928.80K
Total Debt	777.89K	2.73M	3.44M	16.97M	6.15M
Total Liabilities	6.49M	12.02M	25.72M	42.35M	24.15M
Stockholders Equity	25.28M	9.60M	-18.61M	32.51M	-18.45M
Cash Flow
Free Cash Flow	-379.39K	-3.00M	-6.37M	-12.37M	-4.55M
Operating Cash Flow	-379.39K	-3.00M	-6.37M	-12.37M	-4.52M
Investing Cash Flow	0.00	-16.50M	0.00	-1.62M	-30.00K
Financing Cash Flow	394.78K	19.48M	5.82M	13.73M	5.42M

Connexa Sports Technologies Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.31
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For YYAI, the sentiment is Neutral. The current price of 1.31 is above the 20-day moving average (MA) of 0.99, above the 50-day MA of 1.20, and below the 200-day MA of 59.67, indicating a neutral trend. The MACD of -0.88 indicates Negative momentum. The RSI at 39.12 is Neutral, neither overbought nor oversold. The STOCH value of 82.21 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for YYAI.

Connexa Sports Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MODG	62 Neutral	$2.43B	-1.66	-46.95%	―	-3.58%	-12720.97%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
JOUT	60 Neutral	$457.82M	-13.66	-7.78%	3.22%	-0.07%	-31.45%
JAKK	56 Neutral	$206.01M	37.68	2.40%	5.97%	-16.49%	-81.62%
AOUT	49 Neutral	$103.84M	-19.59	-3.19%	―	2.85%	24.82%
NWTG	48 Neutral	$7.98M	-0.06	-383.63%	―	178.32%	70.79%
YYAI	25 Underperform	$39.07M	-10.49	-4.97%	―	61.04%	99.61%

Connexa Sports Technologies Corporate Events

Connexa Sports Technologies Announces Major Registered Direct Offering

On December 18, 2025, AiRWA Inc. entered into securities purchase agreements with investors to sell 15,382,378 shares of its common stock at $1.02 per share in a registered direct offering priced at the market close, for expected gross proceeds of approximately $15.69 million before fees, with closing anticipated on or about December 22, 2025. The company plans to deploy the net proceeds to advance a previously announced joint venture, fund potential corporate acquisitions, and bolster working capital and general corporate purposes, while A.G.P./Alliance Global Partners acts as sole placement agent under a fee structure that underscores the company’s continued reliance on capital markets to support its expansion in tokenized real-world assets and technology licensing businesses.

Connexa Sports Technologies Finalizes Share Purchase Agreement

On October 22, 2025, AiRWA Inc. entered into a share purchase agreement to acquire the remaining 30% of Yuanyu Enterprise Management Co., Limited (YYEM), a Hong Kong-based subsidiary focused on technology licensing, for $36 million. This transaction, approved by the company’s audit committee, will allow AiRWA Inc. to consolidate 100% of YYEM’s revenue, enhancing its financial position and potentially impacting stakeholders positively.

Connexa Sports Technologies: AiRWA Integrates Solana for Trading

On October 7, 2025, AiRWA Inc. announced the receipt of $30 million in Solana tokens, strengthening the financial base of AiRWA Exchange and integrating Solana as a core asset for trading pairs. Additionally, AiRWA successfully tested the settlement of trades for tokenized U.S. equities, positioning the exchange to offer seamless blockchain-based trading of digital stock representations. This initiative, initially targeting 4 million users from a joint venture with JuCoin, aims to cater to cryptocurrency enthusiasts by providing a platform for trading tokenized stocks with the speed and accessibility of digital assets. The integration of Solana and tokenized equities is expected to enhance AiRWA’s standing in the digital asset market, offering flexibility and speed for traders.

Connexa Sports Announces Name Change to AiRWA Inc.

On September 30, 2025, Connexa Sports Technologies Inc. announced a name change to AiRWA Inc., effective October 7, 2025, to reflect its strategic shift towards blockchain technology and digital finance. The company also revealed a significant $100 million investment in its joint venture, AiRWA Exchange, with JuCoin, including $30 million in Solana tokens, to enhance its focus on Solana-anchored trading pairs and further its mission of tokenizing real-world assets.