NexOptic Technology (NXO) AI Stock Analysis

• Market Cap: C$2.93M
• Dividend Yield: N/A
• Average Volume (3M): 74.98K
• Price to Earnings (P/E): ―
• Beta (1Y): -1.41
• Revenue Growth: N/A
• EPS Growth: 83.87%
• Country: CA
• Employees: N/A
• Sector: Technology
• Sector Strength: 42
• Industry: Hardware, Equipment & Parts
• EPS (TTM): >-0.01
• Shares Outstanding: 195,217,680
• 10 Day Avg. Volume: 33,760
• 30 Day Avg. Volume: 74,981
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): 30.90
• P/FCF Ratio: 29.60
• 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

NexOptic Technology's overall stock score reflects severe financial distress characterized by ongoing losses, negative cash flows, and insolvency risks. Technical indicators show a bearish trend, while valuation metrics are unattractive due to a negative P/E ratio and absence of dividends. The stock may have some potential for a technical rebound due to oversold conditions, but significant financial challenges remain the primary concern.

NexOptic Technology Business Overview & Revenue Model

Company Description

NexOptic Technology (NXO) is a technology company specializing in innovative optical and lens solutions. The company operates in the optics and imaging sectors, focusing on developing and commercializing advanced lens designs and technologies aimed at enhancing image capture and processing capabilities in various applications. NexOptic's core products include cutting-edge lens systems and associated technologies that cater to industries such as consumer electronics, security, and surveillance, as well as emerging markets in artificial intelligence and smart devices.

How the Company Makes Money

NexOptic Technology makes money primarily through the development and licensing of its proprietary optical technologies and lens designs. The company generates revenue by partnering with manufacturers and technology firms that integrate NexOptic's advanced optical solutions into their products. This includes licensing agreements, royalties, and direct sales of its lens systems. Additionally, NexOptic may engage in research and development collaborations with key industry players to co-develop new technologies, further contributing to its revenue streams. Significant partnerships with firms in sectors such as consumer electronics, security, and artificial intelligence also play a crucial role in expanding its market reach and driving sales.

NexOptic Technology Financial Statement Overview

Summary

NexOptic Technology presents a challenging financial situation with no revenue generation, consistent losses, and negative cash flows. The balance sheet reflects high leverage with negative equity, suggesting financial distress. Serious concerns about the company's viability are raised by the lack of revenue and cash generation capability.

Income Statement

NexOptic Technology has reported zero revenue consistently over multiple years, indicating no income generation capability. The company has reported continuous losses with negative EBIT and net income, highlighting severe profitability issues. The lack of revenue growth and negative margins represents a significant concern for the company's financial health.

Balance Sheet

The company's balance sheet shows negative stockholders' equity, reflecting insolvency risks. With a negative equity base and total liabilities far exceeding total assets, the company is in a precarious financial position. Additionally, the trend of increasing total liabilities combined with diminishing asset values further stresses financial instability.

Cash Flow

NexOptic Technology shows negative operating and free cash flow, indicating cash outflows continue to surpass inflows. While there are occasional positive financing inflows, these are not sustainable long-term solutions to cover the operational cash deficits. The company's inability to generate positive cash flow from operations remains a critical issue.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	0.00	0.00	-5.48M
	EBIT
-527.67K	-1.91M	-3.79M	-3.52M	-6.16M	-12.69M
	EBITDA
-291.04K	180.91K	-3.79M	-3.52M	-6.16M	-52.05M
	Net Income Common Stockholders
-390.25K	-1.69M	-3.88M	-3.32M	-5.81M	-57.34M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.70M	37.89K	762.34K	337.03K	2.34M	194.04K
	Total Assets
52.33M	106.74K	1.01M	417.84K	2.45M	305.06K
	Total Debt
0.00	80.00K	60.00K	53.57K	47.83K	0.00
	Net Debt
-2.70M	42.11K	-702.34K	-283.45K	-2.29M	-194.04K
	Total Liabilities
261.74K	1.94M	2.00M	1.06M	924.22K	1.31M
	Stockholders Equity
52.07M	-1.84M	-987.68K	-639.86K	1.52M	-1.00M
Cash Flow		Free Cash Flow
-16.18K	-723.41K	-1.73M	-2.06M	-2.12M	-5.47M
	Operating Cash Flow
-16.18K	-723.41K	-1.73M	-2.06M	-2.12M	-5.47M
	Investing Cash Flow
0.00	0.00	0.00	0.00	0.00	16.81K
	Financing Cash Flow
0.00	0.00	2.15M	66.10K	4.26M	2.94M

NexOptic Technology Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.02
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NXO, the sentiment is Positive. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 52.10 is Neutral, neither overbought nor oversold. The STOCH value of 133.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:NXO.

NexOptic Technology Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	57 Neutral	$20.94B	10.43	-13.41%	2.52%	4.53%	-23.34%
VQS	42 Neutral	C$9.68M	―	-227.19%	―	6.14%	61.43%
PYR	39 Underperform	C$95.21M	―	-5701.32%	―	14.56%	44.80%
NXO	22 Underperform	C$2.93M	―	17.92%	―	―	83.87%

NexOptic Technology Corporate Events

NexOptic Technology Pursues $1M Funding Boost

NexOptic Technology is set to raise up to $1 million through a private placement to bolster its AI and imaging technologies, particularly in data compression and medical imaging. The company is also streamlining its operations by discontinuing some affiliations and closing its Korean subsidiary, while enhancing its AI compression offering for cost and energy savings. Proceeds from the offering will also support marketing, sales, and general corporate purposes.