American Battery Technology (ABAT) AI Stock Analysis

• Market Cap: $82.96M
• Dividend Yield: N/A
• Average Volume (3M): 1.38M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.40
• Revenue Growth: N/A
• EPS Growth: 67.72%
• Country: US
• Employees: 98
• Sector: Basic Materials
• Sector Strength: 65
• Industry: Mining
• EPS (TTM): -0.90
• Shares Outstanding: 84,658,010
• 10 Day Avg. Volume: 866,480
• 30 Day Avg. Volume: 1,383,701
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 94.50
• Price to Cash Flow (P/CF): -2.90
• 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

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 Business Overview & Revenue Model

Company Description

American 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 Money

ABAT 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

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

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

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
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
877.90K	343.50K	0.00	0.00	0.00	0.00
	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 Sheet		Cash, Cash Equivalents and Short-Term Investments
15.62M	7.00M	2.33M	29.01M	12.84M	829.92K
	Total Assets
88.29M	77.68M	74.66M	52.86M	21.26M	1.16M
	Total Debt
10.52M	6.50M	6.18M	175.79K	0.00	442.38K
	Net Debt
-5.10M	-500.12K	3.86M	-28.81M	-12.84M	-387.55K
	Total Liabilities
17.69M	16.21M	13.44M	3.23M	1.82M	6.10M
	Stockholders Equity
70.60M	61.47M	61.21M	49.63M	19.44M	-4.94M
Cash Flow		Free 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
38.72M	34.39M	23.42M	41.41M	26.85M	3.84M

American Battery Technology Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.98
• 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 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 Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MP	66 Neutral	$4.39B	―	-5.41%	―	-19.57%	-392.96%
SLI	51 Neutral	C$399.27M	2.62	61.89%	―	―	―
PLL	50 Neutral	$156.68M	―	-6.55%	―	―	―
Sector *	47 Neutral	$2.63B	-3.97	-26.94%	3.30%	2.58%	-29.28%
ALB	42 Neutral	$8.85B	―	-12.18%	2.14%	-44.08%	-183.44%
LAC	42 Neutral	$910.64M	―	-4.13%	―	―	―
ABAT	38 Underperform	$82.96M	―	-85.33%	―	―	67.72%

American Battery Technology Corporate Events

American Battery Technology Announces CFO Transition

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.

American Battery Technology Announces $10M Stock Offering

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.

American Battery Technology Announces $5M Securities Agreement

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.