Momentus (MNTS) AI Stock Analysis

• Market Cap: $5.42M
• Dividend Yield: N/A
• Average Volume (3M): 2.10M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.29
• Revenue Growth: 30.47%
• EPS Growth: 92.60%
• Country: US
• Employees: 123
• Sector: Industrials
• Sector Strength: 69
• Industry: Aerospace & Defense
• EPS (TTM): -45.25
• Shares Outstanding: 3,282,881
• 10 Day Avg. Volume: 642,036
• 30 Day Avg. Volume: 2,101,551
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 1.38
• Price to Cash Flow (P/CF): -0.20
• 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

Momentus faces severe financial instability with consistent losses and high leverage, reflected in a low financial performance score. Technical analysis suggests bearish momentum, further pressuring the stock. The company's valuation metrics are weak, with a negative P/E ratio and no dividend yield. Although recent corporate events, like a public offering, slightly improve the outlook, uncertainty from executive changes remains a concern.

Momentus Business Overview & Revenue Model

Company Description

Momentus Inc. (MNTS) is a U.S.-based commercial space company that offers in-space transportation and infrastructure services. The company operates in the aerospace and defense sectors, focusing on providing last-mile delivery in space through its proprietary Vigoride spacecraft, which is designed to transport satellites and other payloads to specific orbits. Momentus aims to facilitate satellite deployment and repositioning, offering a cost-effective solution for companies and governmental entities looking to optimize their satellite operations.

How the Company Makes Money

Momentus makes money primarily through contracts with satellite operators, space agencies, and other commercial clients that require satellite deployment and orbital transfer services. The company's revenue streams include fees for satellite transportation to desired orbits, servicing, and repositioning. Momentus’s business model is built on providing these tailored in-space logistics services, which are critical for the growing satellite telecommunications and Earth observation markets. Partnerships with satellite manufacturers and launch service providers also play a significant role in Momentus's revenue generation, allowing the company to integrate its services into a broader range of space missions.

Momentus Financial Statement Overview

Summary

Momentus is facing significant financial challenges with consistent losses, high leverage, and struggles with cash flow generation. Negative revenue growth, significant net losses, and negative stockholders' equity indicate financial instability.

Income Statement

Momentus shows a negative revenue growth and significant losses in net income across the periods. The TTM (Trailing-Twelve-Months) data reveals negative EBIT and EBITDA margins, indicating a struggle with operational profitability. The company also reports a consistent net loss, suggesting challenges in achieving profitability.

Balance Sheet

The balance sheet shows negative stockholders' equity in the latest TTM, indicating high leverage and financial instability. The debt-to-equity ratio is not meaningful due to negative equity, but the presence of substantial liabilities compared to assets raises concerns about the company's solvency.

Cash Flow

The cash flow statement reveals negative free cash flow and operating cash flow, highlighting liquidity issues and an inability to generate sufficient cash from operations. The negative free cash flow growth rate further emphasizes the ongoing financial strain.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
2.85M	3.09M	299.00K	330.00K	365.00K	0.00
	Gross Profit
2.44M	2.23M	273.00K	195.00K	-3.00K	0.00
	EBIT
-36.73M	-68.17M	-91.28M	-99.76M	-34.67M	-236.08K
	EBITDA
-34.92M	-64.60M	-87.93M	135.98M	-305.97M	-236.08K
	Net Income Common Stockholders
-37.19M	-68.92M	-99.61M	120.65M	-307.03M	62.36K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.75M	2.12M	61.09M	160.04M	23.00M	1.09M
	Total Assets
0.00	20.65M	92.42M	185.82M	36.32M	174.21M
	Total Debt
0.00	8.40M	21.32M	29.38M	314.77M	0.00
	Net Debt
3.75M	6.29M	-39.78M	-130.66M	291.76M	-1.09M
	Total Liabilities
0.00	17.46M	53.82M	53.94M	325.79M	7.10M
	Stockholders Equity
4.30M	3.19M	38.61M	131.89M	-289.47M	167.11M
Cash Flow		Free Cash Flow
-26.73M	-61.96M	-88.65M	-89.80M	-34.13M	-2.11M
	Operating Cash Flow
-26.71M	-61.83M	-87.89M	-86.71M	-32.53M	-356.96K
	Investing Cash Flow
82.00K	-19.00K	-733.00K	-3.09M	-1.60M	-172.50M
	Financing Cash Flow
17.41M	1.92M	-9.51M	226.83M	44.65M	173.95M

Momentus Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.65
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MNTS, the sentiment is Negative. The current price of 1.65 is below the 20-day moving average (MA) of 2.85, below the 50-day MA of 5.13, and below the 200-day MA of 7.38, indicating a bearish trend. The MACD of -0.92 indicates Positive momentum. The RSI at 23.57 is Positive, neither overbought nor oversold. The STOCH value of 9.98 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MNTS.

Momentus Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PL	73 Outperform	$1.15B	―	-23.67%	―	12.49%	24.15%
IRDM	64 Neutral	$3.19B	31.60	15.40%	1.85%	5.05%	632.38%
Sector *	62 Neutral	$8.16B	12.81	0.47%	3.07%	3.83%	-16.36%
SPIR	57 Neutral	$266.97M	―	-132.51%	―	24.15%	35.73%
RKLB	51 Neutral	$8.09B	―	-40.59%	―	78.34%	-1.13%
MNTS	34 Underperform	$5.42M	―	688.16%	―	30.47%	92.60%

Momentus Corporate Events

Momentus Inc. Announces Departure of Chief Legal Officer

On January 27, 2025, Momentus Inc. announced the resignation of its Chief Legal Officer, Paul Ney, effective January 28, 2025. Ney left to join the Trump Administration as Deputy Counsel to the President for National Security Affairs and National Security Council Legal Advisor. His tenure at Momentus included significant contributions such as guiding the company through complex legal issues and helping establish it as a publicly traded company. His departure is seen as a move that could potentially affect the company’s operations and industry positioning until a successor is appointed.

Momentus Secures Nasdaq Listing Amid Compliance Efforts

On January 13, 2025, Momentus Inc. received a letter from the Nasdaq Hearings Panel granting a continued listing on The Nasdaq Capital Market until April 15, 2025, to regain compliance with Nasdaq Listing Rule 5550(b). The company has already met the requirement of maintaining a minimum bid price of $1.00 per share due to a reverse stock split on December 12, 2024. Failure to comply by April 15, 2025, could result in delisting.

Momentus Strengthens Financial Position With Public Offering

Momentus Inc. completed a public offering of shares and warrants, raising approximately $5 million to be used for general corporate purposes, including debt repayment. This strategic move is expected to impact the company’s financial stability and market operations, with the offering structured to prevent significant stock dilution and involving lock-up agreements to secure investment stability.