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Altitude Group plc (GB:ALT)
:ALT

Altitude (ALT) AI Stock Analysis

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GBAltitude
(LSE:ALT)
72Outperform
Altitude's overall stock score reflects its strong financial stability and revenue growth, which are key strengths, though offset by its high valuation and mixed technical indicators. While the company's low leverage is a positive aspect, profitability margins and cash generation need improvement.

Altitude (ALT) vs. S&P 500 (SPY)

Altitude Business Overview & Revenue Model

Company DescriptionAltitude (ALT) is a technology company specializing in cloud computing and data analytics solutions. It operates primarily within the information technology sector, offering a suite of services that include infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS). The company caters to a diverse range of industries, providing scalable and secure cloud solutions designed to enhance business operations and drive digital transformation.
How the Company Makes MoneyAltitude makes money through a subscription-based revenue model, where clients pay recurring fees for access to its cloud services and platforms. Key revenue streams include fees for computing power, storage solutions, and data analytics tools, which are charged on a pay-as-you-go basis or through tiered subscription plans. The company also generates revenue through strategic partnerships with enterprise clients and technology providers, offering custom solutions and integration services. Additionally, Altitude leverages its expertise in artificial intelligence and machine learning to offer premium analytics services, which contribute significantly to its earnings.

Altitude Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Income StatementTotal Revenue
24.01M18.76M11.94M7.71M6.65M
Gross Profit
10.37M8.61M6.15M5.58M4.75M
EBIT
79.00K231.00K-18.00K-1.25M-1.69M
EBITDA
1.40M1.34M960.00K-196.00K-473.60K
Net Income Common Stockholders
697.00K390.00K97.00K-1.09M-4.58M
Balance SheetCash, Cash Equivalents and Short-Term Investments
1.22M1.17M902.00K2.10M2.35M
Total Assets
14.49M13.86M11.29M11.09M13.30M
Total Debt
383.00K386.00K690.00K665.00K863.00K
Net Debt
-837.00K-787.00K-212.00K-1.43M-1.49M
Total Liabilities
3.83M4.43M3.18M3.30M4.21M
Stockholders Equity
10.66M9.43M8.11M7.79M9.09M
Cash FlowFree Cash Flow
338.00K445.00K-1.08M-569.00K-3.21M
Operating Cash Flow
2.13M1.55M-227.00K90.00K-2.25M
Investing Cash Flow
-1.80M-1.10M-852.00K-338.00K-3.98M
Financing Cash Flow
-257.00K-225.00K-164.00K-7.00K8.15M

Altitude Technical Analysis

Technical Analysis Sentiment
Negative
Last Price25.00
Price Trends
50DMA
26.00
Negative
100DMA
28.28
Negative
200DMA
33.09
Negative
Market Momentum
MACD
-0.16
Positive
RSI
31.12
Neutral
STOCH
35.13
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:ALT, the sentiment is Negative. The current price of 25 is below the 20-day moving average (MA) of 26.05, below the 50-day MA of 26.00, and below the 200-day MA of 33.09, indicating a bearish trend. The MACD of -0.16 indicates Positive momentum. The RSI at 31.12 is Neutral, neither overbought nor oversold. The STOCH value of 35.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:ALT.

Altitude Peers Comparison

Overall Rating
UnderperformOutperform
Sector (59)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
GBGAW
81
Outperform
£4.68B26.7560.10%2.89%17.40%25.15%
GBALT
72
Outperform
£18.12M25.256.54%15.82%37.50%
GBIGR
66
Neutral
£59.44M4.639.85%-10.76%
59
Neutral
$22.39B11.53-18.05%2.31%5.00%-25.89%
49
Neutral
£108.52M41.572.25%3.43%-11.17%-85.43%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:ALT
Altitude
25.00
-4.50
-15.25%
GB:TUNE
Focusrite
185.00
-220.42
-54.37%
GB:IGR
IG Design
60.50
-58.50
-49.16%
GB:GAW
Games Workshop
13,760.00
4,727.37
52.34%
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.