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Maris-Tech Ltd. (MTEK)
NASDAQ:MTEK
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Maris-Tech Ltd.
(NASDAQ:MTEK)
42Neutral
Maris-Tech Ltd. (MTEK) vs. S&P 500 (SPY)
Market Cap
N/A
Dividend YieldN/A
Average Volume (3M)31.52K
Price to Earnings (P/E)―
Beta (1Y)0.60
Revenue Growth50.80%
EPS Growth54.27%
CountryUS
Employees14
SectorTechnology
Sector Strength44
IndustryHardware, Equipment & Parts
Share Statistics
EPS (TTM)-0.16
Shares Outstanding7,983,565
10 Day Avg. Volume20,482
30 Day Avg. Volume31,522
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)4.82
Price to Cash Flow (P/CF)N/A
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 TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Maris-Tech Ltd. Business Overview & Revenue Model
Company DescriptionMaris-Tech Ltd. (MTEK) is a technology company specializing in the development and manufacturing of high-performance video and audio transmission solutions. The company serves various sectors, including defense, homeland security, and commercial markets, providing advanced, compact, and efficient communication solutions. Maris-Tech is known for its cutting-edge miniaturized video streaming and processing platforms designed for unmanned aerial vehicles (UAVs), drones, and other remote systems.
How the Company Makes MoneyMaris-Tech Ltd. generates revenue primarily through the sale of its proprietary video and audio transmission products and solutions. The company's key revenue streams include direct sales to defense and security organizations, commercial enterprises, and OEM partners who integrate Maris-Tech's technology into their own products. Additionally, Maris-Tech may engage in partnerships and collaborations with other technology firms to enhance its offerings and expand its market reach. The company also benefits from long-term contracts and recurring sales with existing customers, contributing to its financial stability.
Maris-Tech Ltd. Financial Statement Overview
Summary
Maris-Tech Ltd. shows significant revenue growth in 2023, but faces profitability issues with a negative net profit margin and cash flow challenges. The balance sheet is stable with manageable debt and improved equity, but operational inefficiencies and negative cash flow pose risks.Income Statement
Maris-Tech Ltd. shows a significant improvement in revenue in 2023 with a 61% growth rate compared to 2022. However, the company continues to operate at a net loss, with a negative net profit margin of -67.2% for 2023. Both EBIT and EBITDA margins are negative, indicating operational inefficiencies and challenges in covering operating expenses.45
Neutral
Balance Sheet
The balance sheet reveals a moderate debt-to-equity ratio of 0.22 in 2023, suggesting manageable leverage. However, the equity ratio of 60.8% indicates a reliance on equity financing, which is a positive sign of financial stability. The company has improved its stockholders' equity position significantly from negative values in previous years.50
Neutral
Cash Flow
The cash flow situation is challenging, with negative operating and free cash flows in 2023. Though there is a substantial increase in investing cash flow, likely due to asset sales or non-operational activities, the company struggles to generate positive cash flow from its core operations.40
Negative
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 8.75M | 4.03M | 2.50M | 2.08M | 987.88K | 893.03K |
| Gross Profit | |||||
| 5.08M | 1.93M | 782.79K | 969.31K | 487.19K | 390.52K |
| EBIT | |||||
| -707.79K | -2.93M | -3.68M | -572.90K | -390.95K | -460.95K |
| EBITDA | |||||
| -563.61K | -2.87M | -3.67M | -567.85K | -387.43K | -457.22K |
| Net Income Common Stockholders | |||||
| -536.55K | -2.71M | -3.69M | -1.08M | -889.74K | -635.54K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 1.49K | 5.20M | 9.31M | 785.00 | 20.52K | 1.49K |
| Total Assets | |||||
| 0.00 | 11.33M | 13.36M | 2.04M | 564.52K | 746.83K |
| Total Debt | |||||
| 0.00 | 1.54M | 1.53M | 2.24M | 2.28M | 2.02M |
| Net Debt | |||||
| 1.49K | -511.38K | 1.31M | 2.24M | 2.26M | 2.02M |
| Total Liabilities | |||||
| 0.00 | 4.44M | 3.77M | 4.42M | 3.17M | 3.79M |
| Stockholders Equity | |||||
| -3.04M | 6.89M | 9.60M | -2.38M | -2.60M | -3.04M |
| Cash Flow | Free Cash Flow | ||||
| -3.62M | -3.96M | -5.14M | -882.97K | -424.53K | -556.55K |
| Operating Cash Flow | |||||
| -3.42M | -3.87M | -4.86M | -875.00K | -418.49K | -553.94K |
| Investing Cash Flow | |||||
| 2.79M | 5.82M | -9.30M | -29.42K | -33.54K | -27.61K |
| Financing Cash Flow | |||||
| -289.08K | -119.54K | 14.37M | 899.18K | 455.36K | 563.96K |
Maris-Tech Ltd. Technical Analysis
Negative
1.88
Price Trends
2.35
Negative
2.91
Negative
2.34
Negative
Market Momentum
-0.15
Negative
38.48
Neutral
53.74
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MTEK, the sentiment is Negative. The current price of 1.88 is below the 20-day moving average (MA) of 2.08, below the 50-day MA of 2.35, and below the 200-day MA of 2.34, indicating a bearish trend. The MACD of -0.15 indicates Negative momentum. The RSI at 38.48 is Neutral, neither overbought nor oversold. The STOCH value of 53.74 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MTEK.
Maris-Tech Ltd. Risk Analysis
Maris-Tech Ltd. disclosed 49 risk factors in its most recent earnings report. Maris-Tech Ltd. 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
Maris-Tech Ltd. Peers Comparison
Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $40.19B | 27.19 | 7.85% | 2.19% | 9.82% | 22.33% | |
64 Neutral | $2.64B | 25.83 | 15.40% | 2.41% | 5.05% | 632.38% | |
59 Neutral | $4.89B | 299.44 | 1.40% | ― | 9.57% | ― | |
58 Neutral | $9.99B | 10.12 | -6.46% | 3.10% | 7.47% | -11.60% | |
51 Neutral | $1.08B | ― | -8.49% | ― | 19.02% | 76.67% | |
42 Neutral | ― | -19.42% | ― | 50.80% | 54.27% | ||
42 Neutral | $36.68M | ― | -53.44% | ― | -13.06% | -465.17% |
* Technology Sector Average
Performance Comparison
MTEK
Maris-Tech Ltd.
1.86
0.36
24.00%
CMTL
Comtech Telecommunications
1.27
-0.31
-19.62%
LHX
L3Harris Technologies
215.08
11.58
5.69%
IRDM
Iridium Communications
21.61
-6.55
-23.26%
KTOS
Kratos Defense
32.12
14.28
80.04%
VSAT
ViaSat
8.16
-8.59
-51.28%
Maris-Tech Ltd. Earnings Call Summary
Earnings Call Date: Aug 28, 2024 | % Change Since: 6.21% | Next Earnings Date: Apr 25, 2025
Earnings Call Sentiment Positive
The earnings call highlighted significant positive trends in revenue growth, reduction in net loss, and strategic market expansion, particularly in the defense sector. Despite some concerns over revenue linearity and investor apprehensions regarding a new distributor, the overall performance and outlook appear strong.Highlights
Significant Revenue Growth
Maris-Tech saw a revenue increase from $1 million in 2020 to approximately $6.1 million in 2024, marking a growth of more than 50% compared to 2023.
Reduction in Net Loss
The company successfully decreased its net loss from $3.7 million in 2022 to $2.7 million in 2023, and further reduced it to $1.2 million in 2024, representing a decrease of more than 54% compared to 2023.
Strategic Market Penetration
Maris-Tech expanded its market presence significantly, particularly in defense and homeland security sectors, with strategic partnerships and new product launches.
Strong Backlog
The backlog at the end of March 2025 was approximately $9.9 million, expected to be recognized as revenue in the coming years.
Leadership in Edge Computing Solutions
Established a strong position as a leader in edge computing solutions, particularly in miniature low power solutions for defense markets.
Lowlights
Non-Linear Revenue Generation
Revenue generation is not linear due to the project-based nature of the business, causing fluctuations between periods.
Concerns Over Indian Distributor
Investor concerns arose due to limited information about Thrikasa Technology, linked to a drop in Maris stock.
Company Guidance
During the Maris-Tech Investor Webinar, the company provided substantial guidance on its financial achievements and strategic direction for 2024. The CEO, Israel Bar, highlighted a revenue growth of over 50% from $1 million in 2020 to approximately $6.1 million in 2024, attributing much of this success to the company's focus on the defense sector. The CFO, Nir Bussy, noted a significant reduction in net loss by more than 54%, from $3.7 million in 2022 to $1.2 million in 2024. Maris-Tech's strategic emphasis on edge computing solutions for defense applications, particularly in the U.S. and Indian markets, aligns with its expanding market presence and partnerships with companies like Hailo and Renaissance. The company also maintains a healthy backlog of $9.9 million in expected revenues, showcasing its promising financial trajectory and market positioning.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.