TruGolf Holdings (TRUG) AI Stock Analysis

• Market Cap: $10.81M
• Dividend Yield: N/A
• Average Volume (3M): 3.54M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.17
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 76
• Sector: Financial
• Sector Strength: 77
• Industry: Interactive Multi-Media
• EPS (TTM): N/A
• Shares Outstanding: 27,275,478
• 10 Day Avg. Volume: 669,331
• 30 Day Avg. Volume: 3,543,860
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.22
• Price to Cash Flow (P/CF): N/A
• 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: $2.00
• Price Target Upside: 412.82% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

TruGolf Holdings presents a challenging financial outlook with negative equity and profitability issues, which significantly impact its stock score. Technical indicators suggest a bearish trend, and the absence of traditional valuation metrics further highlights financial concerns. Improved cash flow is a positive aspect but insufficient to offset other risks.

TruGolf Holdings Business Overview & Revenue Model

Company Description

TruGolf Holdings (TRUG) is a company specializing in the development and manufacturing of state-of-the-art golf simulation technology. Operating within the sports technology sector, TruGolf is renowned for its advanced golf simulators, which are designed to deliver a realistic golfing experience. These simulators are used by golf enthusiasts, professional golfers, and golf instructors around the world, providing them with the tools necessary to improve their game regardless of weather conditions or location.

How the Company Makes Money

TruGolf Holdings (TRUG) generates revenue primarily through the sale of its golf simulator products. The company's key revenue streams include direct sales to consumers, partnerships with golf training facilities, and collaborations with entertainment venues that incorporate golf simulators as part of their attractions. Additionally, TruGolf may generate income through software licensing, offering a range of virtual golf courses and analytical tools that enhance the user experience. The company’s earnings are also bolstered by after-sales services, maintenance contracts, and potential upgrades that provide ongoing support and enhancements to existing customers.

TruGolf Holdings Financial Statement Overview

Summary

TruGolf Holdings shows signs of revenue growth but faces significant profitability challenges. The company is heavily leveraged with negative equity, posing financial risks. Improved cash flows are a positive sign, but overall stability and profitability need enhancement for long-term viability.

Income Statement

TruGolf Holdings has experienced modest revenue growth of 6.5% from the previous year. However, the company struggles with profitability, reflected in negative EBIT and net income margins. The gross profit margin stands at 59.1% TTM, indicating a strong ability to cover costs of goods sold, but high operating expenses are affecting overall profitability.

Balance Sheet

The company's balance sheet shows a concerning negative equity, leading to a high debt-to-equity ratio. The total liabilities exceed assets, indicating financial instability. The equity ratio is negative, emphasizing a leveraged financial position with potential solvency risks.

Cash Flow

TruGolf Holdings shows improvement in operating cash flow, which has turned positive TTM compared to previous negative figures. Free cash flow has also improved, indicating better cash management. However, free cash flow to net income remains negative due to substantial net losses.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Mar 2021
Income Statement		Total Revenue
21.92M	20.58M	20.23M	21.25M	0.00
	Gross Profit
12.95M	12.05M	13.21M	15.98M	0.00
	EBIT
-1.27M	-8.66M	-2.17M	-409.91K	-59.40K
	EBITDA
-531.17K	-8.60M	-2.17M	-409.91K	-59.40K
	Net Income Common Stockholders
-3.29M	-10.28M	-400.23K	-414.05K	-59.40K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
977.20K	5.78M	9.76M	128.64M	500.07K
	Total Assets
129.12M	15.77M	9.78M	128.95M	537.57K
	Total Debt
500.00K	9.25M	1.86M	500.00K	500.00K
	Net Debt
-477.20K	5.95M	1.27M	-377.10K	-67.00
	Total Liabilities
4.95M	19.69M	7.22M	4.96M	546.96K
	Stockholders Equity
124.17M	-3.92M	2.55M	123.99M	-9.39K
Cash Flow		Free Cash Flow
970.99K	-6.26M	-1.08M	-720.86K	-50.03K
	Operating Cash Flow
2.98M	-6.13M	-1.04M	-697.87K	-50.03K
	Investing Cash Flow
-2.08M	-2.62M	120.42M	-127.77M	0.00
	Financing Cash Flow
865.76K	4.50M	-119.67M	128.84M	550.10K

TruGolf Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.39
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TRUG, the sentiment is Negative. The current price of 0.39 is below the 20-day moving average (MA) of 0.42, below the 50-day MA of 0.51, and below the 200-day MA of 0.82, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 39.20 is Neutral, neither overbought nor oversold. The STOCH value of 31.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TRUG.

TruGolf Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LULU	86 Outperform	$40.53B	23.07	46.21%	―	10.84%	76.07%
GOLF	71 Outperform	$4.10B	20.99	26.30%	1.22%	3.15%	15.44%
NKE	68 Neutral	$109.71B	23.60	34.67%	1.98%	-4.77%	-5.99%
MCFT	64 Neutral	$289.32M	―	-1.53%	―	-45.70%	-115.77%
Sector *	64 Neutral	$13.80B	10.64	9.23%	4.22%	17.66%	-7.66%
VFC	58 Neutral	$6.75B	―	-16.13%	2.07%	-8.42%	57.91%
TRUG	40 Underperform	$10.81M	―	32.18%	―	―	―