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AquaBounty Technologies Inc (AQB)
NASDAQ:AQB
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AquaBounty Technologies
(NASDAQ:AQB)
43Neutral
AquaBounty Technologies (AQB) vs. S&P 500 (SPY)
Market Cap
$2.71M
Dividend YieldN/A
Average Volume (3M)1.96M
Price to Earnings (P/E)―
Beta (1Y)1.61
Revenue Growth-46.91%
EPS Growth-174.16%
CountryUS
Employees104
SectorTechnology
Sector Strength43
IndustryAgricultural Farm Products
Share Statistics
EPS (TTM)-19.05
Shares Outstanding3,869,361
10 Day Avg. Volume5,818,067
30 Day Avg. Volume1,959,103
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.75
Price to Cash Flow (P/CF)-0.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$1.00Price Target Upside42.86% Upside
Rating ConsensusHold
Number of Analyst Covering0
AquaBounty Technologies Business Overview & Revenue Model
Company DescriptionAquaBounty Technologies (AQB) is a biotechnology company specializing in aquaculture. The company is known for its genetically engineered AquAdvantage salmon, which is designed to grow faster than traditional farmed salmon. AquaBounty operates in the agricultural biotechnology sector, focusing on the development and commercialization of advanced fish farming techniques to improve productivity and sustainability in the aquaculture industry.
How the Company Makes MoneyAquaBounty Technologies generates revenue primarily through the sale of its AquAdvantage salmon, which is engineered to reach market size more quickly than conventional salmon. The company operates fish farming facilities where these salmon are raised and harvested for sale. Key revenue streams include direct sales to distributors and retailers in the seafood industry, as well as potential licensing agreements. Partnerships with retailers and seafood distributors play a significant role in expanding the reach of their products to end consumers. Additionally, the company's focus on sustainable and efficient aquaculture practices may attract environmentally conscious buyers and partners, further contributing to its revenue.
AquaBounty Technologies Financial Statement Overview
Summary
AquaBounty Technologies faces significant financial challenges, with declining revenues, negative profitability, and cash flow issues. The balance sheet shows some resilience in equity financing, but operational and cash flow struggles suggest a need for strategic realignment to improve financial health.Income Statement
AquaBounty Technologies has struggled with profitability, as evidenced by negative gross and net profit margins. Revenue has decreased significantly from previous years, indicating challenges in growth and market penetration. The EBIT and EBITDA margins are also negative, reinforcing the company's ongoing operational difficulties.20
Very Negative
Balance Sheet
The company maintains a relatively high debt-to-equity ratio, highlighting potential leverage risks. Return on equity is negative, reflecting the negative net income. However, the equity ratio remains strong, suggesting that the company is still primarily financed by equity, which provides a buffer against potential liabilities.30
Negative
Cash Flow
AquaBounty Technologies has experienced negative free cash flow and operating cash flow, reflecting significant cash outflows that could pressure liquidity. The operating cash flow to net income and free cash flow to net income ratios are unfavorable, indicating inefficiencies in cash generation relative to earnings.25
Negative
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 1.26M | 2.47M | 3.14M | 1.17M | 127.66K | 186.74K | Gross Profit |
| -10.39M | -12.81M | -10.49M | -9.61M | -6.55M | -3.39M | EBIT |
| -22.41M | -27.32M | -22.32M | -22.12M | -16.25M | -13.18M | EBITDA |
| -69.75M | -25.16M | -19.84M | -20.22M | -14.75M | -11.88M | Net Income Common Stockholders |
| -3.47B | -27.56M | -21.99M | -22.75M | -16.55M | -13.30M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 3.00M | 8.21M | 101.64M | 190.23M | 95.75M | 2.80M | Total Assets |
| 27.67M | 187.55M | 213.84M | 228.44M | 125.78M | 30.23M | Total Debt |
| 3.59M | 8.79M | 8.88M | 9.37M | 9.08M | 4.95M | Net Debt |
| 601.24K | 584.40K | -92.76M | -79.08M | -86.67M | 2.15M | Total Liabilities |
| 4.44M | 22.53M | 21.92M | 14.63M | 10.90M | 6.47M | Stockholders Equity |
| 23.23M | 165.02M | 191.92M | 213.80M | 114.88M | 23.76M |
| Cash Flow | Free Cash Flow | ||||
| -23.82M | -93.13M | -88.48M | -26.19M | -18.61M | -13.73M | Operating Cash Flow |
| -18.47M | -24.24M | -21.01M | -20.47M | -14.29M | -11.25M | Investing Cash Flow |
| 4.16M | -68.89M | 34.35M | -107.54M | -3.24M | -2.46M | Financing Cash Flow |
| -2.95M | -308.47K | -162.40K | 121.18M | 111.00M | 13.48M |
AquaBounty Technologies Technical Analysis
Negative
0.70
Price Trends
0.72
Negative
0.79
Negative
1.07
Negative
Market Momentum
<0.01
Negative
50.60
Neutral
42.68
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AQB, the sentiment is Negative. The current price of 0.7 is above the 20-day moving average (MA) of 0.66, below the 50-day MA of 0.72, and below the 200-day MA of 1.07, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 50.60 is Neutral, neither overbought nor oversold. The STOCH value of 42.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AQB.
AquaBounty Technologies Risk Analysis
AquaBounty Technologies disclosed 54 risk factors in its most recent earnings report. AquaBounty Technologies 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
AquaBounty Technologies Peers Comparison
Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | $1.46B | 10.27 | 7.32% | 3.29% | -0.95% | ― | |
70 Outperform | $16.10B | 10.74 | 29.37% | ― | -3.04% | 388.42% | |
61 Neutral | $316.87M | 42.28 | 4.34% | 1.71% | 2.39% | ― | |
58 Neutral | $21.03B | 10.28 | -16.29% | 2.47% | 4.45% | -23.80% | |
53 Neutral | $224.78M | 32.96 | -17.05% | 0.68% | 14.59% | -194.05% | |
53 Neutral | $851.12M | ― | -8.05% | 8.33% | -3.06% | -124.82% | |
43 Neutral | $2.71M | ― | -53.80% | ― | -46.91% | -174.16% |
* Technology Sector Average
Performance Comparison
AQB
AquaBounty Technologies
0.70
-1.32
-65.35%
ALCO
Alico
29.43
0.34
1.17%
CRESY
Cresud Sociedad
11.43
3.24
39.56%
FDP
Fresh Del Monte Produce
30.39
5.85
23.84%
LMNR
Limoneira Co
17.56
-1.66
-8.64%
TRMB
Trimble
65.52
2.35
3.72%
AquaBounty Technologies Corporate Events
Executive/Board ChangesBusiness Operations and Strategy
AquaBounty Technologies Faces Leadership Change and Operational Halt
Negative
Dec 11, 2024
AquaBounty Technologies announced the appointment of David Frank as Interim CEO following the resignation of David Melbourne. Concurrently, the company will cease its fish farming operations at Bay Fortune, citing insufficient liquidity to maintain operations despite efforts to raise capital. This decision includes workforce reductions and the departure of key management. The company plans to evaluate alternatives for its Ohio farm project and continue asset sales to generate cash.
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.