Hapbee Technologies (HAPB) AI Stock Analysis

• Market Cap: C$26.84M
• Dividend Yield: N/A
• Average Volume (3M): 158.67K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.91
• Revenue Growth: -56.11%
• EPS Growth: 21.51%
• Country: CA
• Employees: N/A
• Sector: Technology
• Sector Strength: 44
• Industry: Consumer Electronics
• EPS (TTM): -0.03
• Shares Outstanding: 210,629,090
• 10 Day Avg. Volume: 102,422
• 30 Day Avg. Volume: 158,669
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 8.01
• Price to Cash Flow (P/CF): -1.20
• 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

Hapbee Technologies scores low overall due to severe financial instability, marked by declining revenue, persistent net losses, and negative equity. While there are slight technical strengths indicating short-term market support, the overall financial health and valuation remain concerning, making the stock a high-risk investment.

Hapbee Technologies Business Overview & Revenue Model

Company Description

Hapbee Technologies Inc. is a consumer technology company that specializes in providing wearable wellness devices. Based in Canada, the company operates within the health and wellness sector. Its core product, the Hapbee wearable band, utilizes low-frequency electromagnetic signals to help users achieve various mental states, such as relaxation, focus, and energy, without the need for ingesting substances.

How the Company Makes Money

Hapbee Technologies generates revenue primarily through the sale of its wearable devices and accompanying subscription services. The company sells its products directly to consumers via its website and through select retail partners. Additionally, Hapbee offers a subscription-based service that provides users access to a library of digital wellness signals, which can be downloaded and used with the device. This subscription model creates a recurring revenue stream for the company. Key revenue streams include direct product sales, subscription fees, and potential collaborations with other health and wellness brands to expand its market reach.

Hapbee Technologies Financial Statement Overview

Summary

Hapbee Technologies faces significant financial challenges marked by declining revenues, persistent losses, and negative equity. While there are slight improvements in gross profit margin, the overall trajectory reflects financial instability with high leverage and liquidity concerns.

Income Statement

The company shows a declining revenue trend with a 28% decrease from the previous year, and consistently negative net income leading to a negative net profit margin of -586.7% TTM. The gross profit margin improved to 67.4% from 42% last year, indicating better cost management, but overall profitability remains challenging with negative EBIT and EBITDA margins.

Balance Sheet

Hapbee Technologies demonstrates a weak financial structure with negative stockholders' equity of -$1,809,880, indicating insolvency. The debt-to-equity ratio is not calculable due to negative equity, posing significant financial risk. The equity ratio is also negative at -47.5%, highlighting financial instability and potential liquidity issues.

Cash Flow

The company has a negative free cash flow of -$5,051,600 TTM, reflecting cash outflows exceeding cash inflows, and an operating cash flow to net income ratio of 1.26, suggesting high cash consumption relative to net losses. Despite positive financing cash flow, the overall cash flow situation is precarious and unsustainable.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
685.27K	951.66K	1.83M	1.74M	―	0.00
	Gross Profit
461.73K	399.54K	772.08K	490.46K	89.22K	0.00
	EBIT
-3.10M	-3.35M	-6.79M	-9.12M	―	―
	EBITDA
-3.56M	-3.14M	-6.56M	-8.94M	―	―
	Net Income Common Stockholders
-4.02M	-2.71M	-3.67M	-6.73M	―	―
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
―	212.65K	295.22K	3.63M	―	―
	Total Assets
―	2.31M	2.80M	6.29M	―	―
	Total Debt
0.00	1.63M	0.00	0.00	0.00	0.00
	Net Debt
―	1.42M	-295.22K	-3.63M	―	―
	Total Liabilities
―	4.52M	2.78M	4.68M	―	―
	Stockholders Equity
―	-2.21M	20.02K	1.61M	―	―
Cash Flow		Free Cash Flow
-5.05M	-2.13M	-5.15M	-5.07M	―	―
	Operating Cash Flow
-5.05M	-2.13M	-5.15M	-5.07M	―	―
	Investing Cash Flow
0.00	0.00	0.00	-20.00K	―	―
	Financing Cash Flow
6.07M	2.02M	1.85M	5.26M	―	―

Hapbee Technologies Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:HAPB, the sentiment is Positive. The current price of 0.1 is above the 20-day moving average (MA) of 0.08, above the 50-day MA of 0.06, and above the 200-day MA of 0.08, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 67.19 is Neutral, neither overbought nor oversold. The STOCH value of 77.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:HAPB.

Hapbee Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	58 Neutral	$9.99B	10.12	-6.46%	3.10%	7.47%	-11.60%
HAPB	35 Underperform	C$26.84M	―	222.10%	―	-56.11%	21.51%

Hapbee Technologies Corporate Events

Hapbee and Jumeirah Innovate Luxury Sleep Experience

Hapbee Technologies has partnered with Jumeirah Hotels to introduce a digital sleep and spa enhancement program using Hapbee’s innovative technology. This initiative will allow guests to experience improved relaxation and sleep with devices like the Hapbee Smart Sleep Pads and Neckbands, promoting digital wellness in luxury settings.