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Airiq Inc (TSE:IQ)
:IQ

Airiq Inc (IQ) AI Stock Analysis

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Airiq Inc

(IQ)

61Neutral
Airiq Inc’s strong financial position with no debt and consistent revenue growth is a key strength. However, recent profitability challenges and decreasing free cash flow present risks. The technical analysis indicates bearish trends, and the valuation is moderate, suggesting the stock is not undervalued. Positive corporate events related to recurring revenue growth highlight future potential, but current market momentum remains a concern.

Airiq Inc (IQ) vs. S&P 500 (SPY)

Airiq Inc Business Overview & Revenue Model

Company DescriptionAiriq Inc (IQ) is a technology-driven company specializing in advanced air quality monitoring solutions. Operating within the environmental technology sector, Airiq Inc develops innovative sensors and data analytics platforms that provide real-time air quality insights for urban environments, industrial sites, and residential areas. The company's products are designed to help organizations and individuals make informed decisions to improve air quality and comply with environmental regulations.
How the Company Makes MoneyAiriq Inc generates revenue primarily through the sale of its air quality monitoring hardware and software solutions. The company offers subscription-based services for access to its data analytics platform, which provides detailed reports and insights on air quality metrics. Additionally, Airiq Inc partners with governmental and environmental organizations, offering customized solutions and consultancy services for large-scale projects aimed at improving air quality. Revenue is also supplemented through collaborations with industrial clients who require tailored monitoring solutions to meet regulatory compliance standards.

Airiq Inc Financial Statement Overview

Summary
Airiq Inc exhibits strong financial health with a solid balance sheet free of debt and a significant cash reserve. There is consistent revenue growth, although recent profitability metrics indicate some challenges with increasing costs. The cash flow situation is stable but shows a reduction in free cash flow, which could affect future investments or distributions. Overall, the company is well-positioned but should monitor profitability closely.
Income Statement
75
Positive
The company shows strong profitability with a consistent gross profit margin around 60%. The net profit margin in TTM is approximately 6.75%, which is lower than the previous annual figure of 15.75%, indicating a recent decline in profitability. Revenue growth has been positive, with a notable increase from 2022 to 2023. However, the EBIT and EBITDA margins have decreased in the TTM period, suggesting increasing operating expenses or other cost pressures.
Balance Sheet
85
Very Positive
Airiq Inc has a robust balance sheet with zero total debt and a strong equity position, evidenced by an equity ratio of approximately 88.5% in the TTM period. The return on equity is slightly lower in TTM due to a decrease in net income but remains solid. The company’s strong cash position and lack of debt reduce financial risk significantly.
Cash Flow
70
Positive
Free cash flow has decreased in the TTM period, impacted by reduced operating cash flow compared to the previous year. However, the company maintains a healthy operating cash flow to net income ratio, suggesting efficient cash generation relative to earnings. The free cash flow to net income ratio has also decreased, indicating less cash available after capital expenditures.
Breakdown
TTMMar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Income StatementTotal Revenue
5.44M5.51M5.05M4.37M3.71M5.04M
Gross Profit
3.27M2.98M3.04M2.68M2.49M2.56M
EBIT
362.00K814.00K759.00K601.00K633.00K575.00K
EBITDA
1.03M1.54M1.47M1.05M886.00K1.18M
Net Income Common Stockholders
367.00K869.00K3.69M567.00K449.00K713.00K
Balance SheetCash, Cash Equivalents and Short-Term Investments
3.10M3.13M2.18M1.90M1.83M2.21M
Total Assets
9.21M9.11M8.44M4.56M3.91M4.05M
Total Debt
0.000.000.0054.00K117.00K97.00K
Net Debt
-3.10M-3.13M-2.18M-1.85M-1.71M-2.11M
Total Liabilities
1.06M1.21M1.48M1.39M1.19M1.75M
Stockholders Equity
8.15M7.90M6.96M3.17M2.72M2.30M
Cash FlowFree Cash Flow
525.00K993.00K399.00K251.00K-361.00K1.52M
Operating Cash Flow
1.03M1.65M1.07M1.21M253.00K1.92M
Investing Cash Flow
-854.00K-656.00K-673.00K-960.00K-614.00K-404.00K
Financing Cash Flow
-63.00K-44.00K-123.00K-180.00K-21.00K-26.00K

Airiq Inc Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.33
Price Trends
50DMA
0.35
Negative
100DMA
0.39
Negative
200DMA
0.41
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
44.33
Neutral
STOCH
16.67
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:IQ, the sentiment is Negative. The current price of 0.33 is below the 20-day moving average (MA) of 0.33, below the 50-day MA of 0.35, and below the 200-day MA of 0.41, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 44.33 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:IQ.

Airiq Inc Peers Comparison

Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSIQ
61
Neutral
C$9.79M26.404.63%-2.75%-89.95%
58
Neutral
$21.35B9.96-19.72%2.38%5.03%-22.83%
TSBB
50
Neutral
C$3.72B-13.55%-26.72%77.64%
49
Neutral
$174.84M-15.83%11.31%43.38%
TSPTK
44
Neutral
C$389.39M-161.80%-78.34%-9.55%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:IQ
Airiq Inc
0.33
-0.10
-23.26%
TSE:BB
BlackBerry
6.30
2.11
50.36%
TSE:QTRH
Quarterhill
1.51
-0.38
-20.11%
TSE:PTK
POET Technologies
5.30
3.55
202.86%

Airiq Inc Corporate Events

Business Operations and StrategyFinancial Disclosures
AirIQ Reports Double-Digit Growth in Recurring Revenue for Q4 2024
Positive
Feb 20, 2025

AirIQ Inc. announced a significant increase in recurring revenue for the quarter ending December 31, 2024, with a 10% growth compared to the previous year. Despite a decrease in net income due to strategic investments in sales and marketing, the company remains focused on long-term growth and enhancing shareholder value through a stronger recurring revenue base.

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.