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American Battery Technology (ABAT)
NASDAQ:ABAT
US Market

American Battery Technology (ABAT) AI Stock Analysis

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American Battery Technology

(NASDAQ:ABAT)

38Underperform
American Battery Technology's stock score is influenced primarily by its weak financial performance and bearish technical indicators. Financial struggles with negative profitability and cash flows are significant detractors. Despite a strategic leadership realignment, the company's valuation is unattractive due to ongoing losses and no dividend yield, resulting in a low overall stock score.

American Battery Technology (ABAT) vs. S&P 500 (SPY)

American Battery Technology Business Overview & Revenue Model

Company DescriptionAmerican Battery Technology Company (ABAT) is an innovative leader in the battery materials and recycling industry, focusing on the environmental and ethical sourcing, production, and recycling of critical battery metals. Operating primarily in the sectors of battery recycling, resource extraction, and materials manufacturing, ABAT aims to create a sustainable and closed-loop supply chain for battery production and disposal.
How the Company Makes MoneyABAT generates revenue through several key streams. Primarily, the company earns money by recycling used batteries and extracting valuable materials like lithium, cobalt, nickel, and other critical elements, which are then resold to battery manufacturers and other industries. Additionally, ABAT engages in the extraction and processing of raw materials through its mining operations, contributing to its earnings by supplying these essential components directly to the market. Strategic partnerships with technology and automotive companies also play a significant role in expanding its revenue base, as these collaborations can lead to joint ventures and long-term supply agreements.

American Battery Technology Financial Statement Overview

Summary
American Battery Technology faces substantial financial hurdles, characterized by a lack of profitability, negative cash flows, and a modest revenue base. While the balance sheet suggests stability through low leverage, the continued negative income and cash flow performance underline the need for strategic adjustments to improve financial health and sustainability.
Income Statement
20
Very Negative
American Battery Technology's income statement reveals significant challenges. The company has not generated positive gross or net income, with a negative net profit margin and declining EBIT and EBITDA figures. Although there has been some revenue growth, it remains minimal and does not offset the substantial losses. These factors indicate a weak financial performance in terms of profitability and growth.
Balance Sheet
45
Neutral
The balance sheet shows a mixed picture. While the company has a relatively low debt-to-equity ratio, indicating lower leverage, the equity ratio is strong, suggesting stability in assets funded by equity. However, the substantial accumulated losses and a history of negative net income impact the overall equity position. This highlights a need for improved profitability and asset management.
Cash Flow
25
Negative
Cash flow statements highlight significant cash outflows, with negative operating and free cash flow figures presenting liquidity concerns. The free cash flow growth rate is negative, and the ratios of operating and free cash flow to net income are unfavorable, indicating inefficiencies in converting income to cash. This suggests ongoing cash management issues and a potential need for external financing.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
877.90K343.50K0.000.000.000.00
Gross Profit
-5.04M-2.96M-197.73K-77.85K-14.67K
EBIT
-30.49M-37.52M-21.50M-33.48M-37.72M-5.85M
EBITDA
-55.15M-50.56M-21.30M-33.43M-38.08M-5.85M
Net Income Common Stockholders
-58.53M-52.50M-21.34M-33.54M-41.76M-17.76M
Balance SheetCash, Cash Equivalents and Short-Term Investments
15.62M7.00M2.33M29.01M12.84M829.92K
Total Assets
88.29M77.68M74.66M52.86M21.26M1.16M
Total Debt
10.52M6.50M6.18M175.79K0.00442.38K
Net Debt
-5.10M-500.12K3.86M-28.81M-12.84M-387.55K
Total Liabilities
17.69M16.21M13.44M3.23M1.82M6.10M
Stockholders Equity
70.60M61.47M61.21M49.63M19.44M-4.94M
Cash FlowFree Cash Flow
-25.27M-29.43M-28.20M-25.26M-14.84M
Operating Cash Flow
-22.13M-16.74M-13.37M-10.18M-7.76M-3.02M
Investing Cash Flow
-3.61M-12.97M-36.72M-15.08M-7.08M
Financing Cash Flow
38.72M34.39M23.42M41.41M26.85M3.84M

American Battery Technology Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.98
Price Trends
50DMA
1.44
Negative
100DMA
1.28
Negative
200DMA
1.18
Negative
Market Momentum
MACD
-0.11
Negative
RSI
40.60
Neutral
STOCH
57.56
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ABAT, the sentiment is Negative. The current price of 0.98 is below the 20-day moving average (MA) of 1.04, below the 50-day MA of 1.44, and below the 200-day MA of 1.18, indicating a bearish trend. The MACD of -0.11 indicates Negative momentum. The RSI at 40.60 is Neutral, neither overbought nor oversold. The STOCH value of 57.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ABAT.

American Battery Technology Risk Analysis

American Battery Technology disclosed 41 risk factors in its most recent earnings report. American Battery Technology reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

American Battery Technology Peers Comparison

Overall Rating
UnderperformOutperform
Sector (47)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
MPMP
66
Neutral
$3.98B-5.41%-19.57%-392.96%
TSSLI
51
Neutral
C$399.27M2.6261.89%
PLPLL
50
Neutral
$162.38M-6.55%
47
Neutral
$2.64B-3.98-26.97%3.35%2.55%-29.66%
ALALB
42
Neutral
$8.85B-12.18%2.22%-44.08%-183.44%
TSLAC
42
Neutral
C$910.64M-4.13%
38
Underperform
$84.37M-85.33%67.72%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
ABAT
American Battery Technology
0.98
-1.03
-51.24%
ALB
Albemarle
75.23
-44.75
-37.30%
TSE:SLI
Standard Lithium Ltd
2.14
0.49
29.70%
PLL
Piedmont Lithium
7.14
-5.46
-43.33%
MP
MP Materials
26.83
12.93
93.02%
TSE:LAC
Lithium Americas Corp.
4.17
-4.60
-52.45%

American Battery Technology Corporate Events

Executive/Board Changes
American Battery Technology Announces CFO Transition
Neutral
Jan 10, 2025

American Battery Technology Company announced the retirement of Jesse Deutsch as Chief Financial Officer, effective January 31, 2025, with no disagreements affecting his departure. Paul McGarry, who has extensive experience in finance and accounting from previous roles at Rockwell Medical and other companies, has been appointed as the Interim CFO as the company initiates a search for a permanent replacement.

Private Placements and Financing
American Battery Technology Announces $10M Stock Offering
Neutral
Dec 27, 2024

American Battery Technology Company has announced a $10 million registered direct offering of its common stock and accompanying warrants to institutional investors. The offering, priced at $2.65 per share, will be facilitated by A.G.P./Alliance Global Partners as the sole placement agent, with the transaction expected to close on December 27, 2024, pending customary closing conditions.

Private Placements and Financing
American Battery Technology Announces $5M Securities Agreement
Neutral
Dec 23, 2024

American Battery Technology Company announced a securities purchase agreement with institutional investors for a $5 million registered direct offering, involving 5 million shares of common stock and warrants for an additional 5 million shares. The transaction, expected to close on December 23, 2024, is aimed at bolstering the company’s financial position while also involving a lock-up period for executive officers and directors and a restriction on new stock issuance for a defined period.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.