Airiq Inc (IQ) AI Stock Analysis

• Market Cap: C$9.79M
• Dividend Yield: N/A
• Average Volume (3M): 23.47K
• Price to Earnings (P/E): 26.4
• Beta (1Y): <0.01
• Revenue Growth: -2.75%
• EPS Growth: -89.95%
• Country: CA
• Employees: 28
• Sector: Technology
• Sector Strength: 54
• Industry: Software
• EPS (TTM): 0.01
• Shares Outstanding: 29,678,574
• 10 Day Avg. Volume: 13,891
• 30 Day Avg. Volume: 23,467
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 1.79
• Price to Cash Flow (P/CF): 11.20
• P/FCF Ratio: 19.00
• 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

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 Business Overview & Revenue Model

Company Description

Airiq 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 Money

Airiq 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

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

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

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
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
5.44M	5.51M	5.05M	4.37M	3.71M	5.04M
	Gross Profit
3.27M	2.98M	3.04M	2.68M	2.49M	2.56M
	EBIT
362.00K	814.00K	759.00K	601.00K	633.00K	575.00K
	EBITDA
1.03M	1.54M	1.47M	1.05M	886.00K	1.18M
	Net Income Common Stockholders
367.00K	869.00K	3.69M	567.00K	449.00K	713.00K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.10M	3.13M	2.18M	1.90M	1.83M	2.21M
	Total Assets
9.21M	9.11M	8.44M	4.56M	3.91M	4.05M
	Total Debt
0.00	0.00	0.00	54.00K	117.00K	97.00K
	Net Debt
-3.10M	-3.13M	-2.18M	-1.85M	-1.71M	-2.11M
	Total Liabilities
1.06M	1.21M	1.48M	1.39M	1.19M	1.75M
	Stockholders Equity
8.15M	7.90M	6.96M	3.17M	2.72M	2.30M
Cash Flow		Free Cash Flow
525.00K	993.00K	399.00K	251.00K	-361.00K	1.52M
	Operating Cash Flow
1.03M	1.65M	1.07M	1.21M	253.00K	1.92M
	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 Price: 0.33
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IQ	61 Neutral	C$9.79M	26.40	4.63%	―	-2.75%	-89.95%
Sector *	58 Neutral	$21.67B	10.04	-18.58%	2.39%	5.01%	-23.17%
BB	50 Neutral	C$3.73B	―	-13.55%	―	-26.72%	77.64%
QTRH	49 Neutral	$174.84M	―	-15.83%	―	11.31%	43.38%
PTK	44 Neutral	C$413.58M	―	-161.80%	―	-78.34%	-9.55%

Airiq Inc Corporate Events

AirIQ Reports Double-Digit Growth in Recurring Revenue for Q4 2024

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.