XTI Aerospace (XTIA) AI Stock Analysis

• Market Cap: $9.44M
• Dividend Yield: N/A
• Average Volume (3M): 261.78K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.37
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 54
• Sector: Technology
• Sector Strength: 54
• Industry: Software
• EPS (TTM): -146116.25
• Shares Outstanding: 3,700,000
• 10 Day Avg. Volume: 315,337
• 30 Day Avg. Volume: 261,781
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.44
• Price to Cash Flow (P/CF): -0.10
• 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: $13.50
• Price Target Upside: 448.78% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

XTI Aerospace receives an overall score of 47, reflecting significant financial and operational challenges. The company's negative profit margins, declining revenues, and liquidity concerns weigh heavily on its performance. However, the recent corporate developments and strategic initiatives provide some optimism for future improvements, though the technical analysis and valuation suggest caution.

XTI Aerospace Business Overview & Revenue Model

Company Description

XTI Aircraft Company manufactures vertical takeoff airplanes. The company provides TriFan 600, which lifts off vertically. XTI Aircraft Company was formerly known as AVX Aircraft Technologies, Inc. and changed its name to XTI Aircraft Company in March 2015. The company was incorporated in 2009 and is based in Englewood, Colorado.

How the Company Makes Money

XTI Aerospace makes money primarily through the sale and leasing of its VTOL aircraft, specifically the TriFan 600 model. The company targets a diverse customer base including corporate clients, air taxi operators, and government agencies. Revenue is generated from upfront sales of aircraft as well as ongoing maintenance, training, and support services. XTI may also engage in strategic partnerships with aerospace and technology firms to enhance its product offerings and expand its market reach. Additionally, the company could explore licensing agreements for its proprietary technologies, contributing to its revenue streams.

XTI Aerospace Financial Statement Overview

Summary

XTI Aerospace's financial performance is under pressure, characterized by declining revenues, negative profit margins, and operational inefficiencies. While the company has improved its balance sheet leverage, its equity position is weak, and cash flow management is a notable concern. The company needs to address its operational challenges and explore strategic initiatives to improve revenue growth and profitability.

Income Statement

XTI Aerospace's income statement reveals significant challenges. The company is experiencing declining revenues, with a TTM (Trailing-Twelve-Months) revenue of $2.17 million compared to $4.56 million in the previous year, translating to a negative revenue growth rate. Additionally, the company has negative profit margins, with a net profit margin of -174.7% in the TTM, reflecting substantial losses. Despite a gross profit margin of 59%, the high operating expenses result in continuous EBIT and EBITDA losses. The persistent negative margins and declining revenue indicate operational inefficiencies and a challenging market environment.

Balance Sheet

The balance sheet of XTI Aerospace shows a mixed picture. The debt-to-equity ratio has improved to 0.47 in the TTM from 1.43 the previous year, indicating reduced leverage. However, the equity ratio decreased to 23.4% due to declining equity, suggesting increased financial risk. The return on equity remains negative, reflecting ongoing losses and insufficient asset utilization to generate returns for shareholders. Overall, while the lower leverage is a positive sign, the company's low equity ratio and negative returns present concerns about its financial stability.

Cash Flow

XTI Aerospace's cash flow statements highlight considerable cash flow challenges. The free cash flow remains negative, with a slight improvement in the TTM due to reduced capital expenditures. However, the operating cash flow to net income ratio is negative, indicating inefficient cash generation from operations. The company is relying heavily on financing activities to support its cash needs, which is unsustainable in the long term. These factors suggest significant liquidity concerns and operational cash flow inefficiencies.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
2.17M	4.56M	6.11M	15.99M	9.30M	6.30M
	Gross Profit
1.28M	2.26M	3.10M	7.15M	3.06M	-458.00K
	EBIT
-18.56M	-19.47M	-17.35M	-49.23M	-25.11M	-30.16M
	EBITDA
-18.49M	-27.45M	-16.30M	-17.27M	-23.22M	-27.14M
	Net Income Common Stockholders
-37.91M	-45.95M	-63.39M	-69.16M	-29.23M	-33.99M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
556.85K	6.25M	9.28M	95.61M	25.99M	4.85M
	Total Assets
848.97K	23.77M	57.63M	156.67M	59.01M	21.22M
	Total Debt
1.95M	9.08M	13.11M	5.24M	7.50M	8.92M
	Net Debt
1.39M	2.83M	3.82M	-47.24M	-10.49M	4.07M
	Total Liabilities
3.35M	17.04M	25.52M	28.49M	14.33M	15.17M
	Stockholders Equity
-2.51M	6.34M	33.30M	126.50M	44.64M	6.02M
Cash Flow		Free Cash Flow
-15.59M	-29.57M	-35.16M	-38.50M	-22.43M	-11.68M
	Operating Cash Flow
-15.50M	-29.21M	-33.96M	-37.13M	-20.60M	-10.66M
	Investing Cash Flow
2.86M	-5.89M	36.39M	-53.51M	-23.51M	-5.11M
	Financing Cash Flow
12.91M	22.21M	-34.59M	125.04M	57.26M	19.41M

XTI Aerospace Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.46
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For XTIA, the sentiment is Negative. The current price of 2.46 is below the 20-day moving average (MA) of 2.68, below the 50-day MA of 3.76, and below the 200-day MA of 36.24, indicating a bearish trend. The MACD of -0.48 indicates Negative momentum. The RSI at 35.97 is Neutral, neither overbought nor oversold. The STOCH value of 36.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for XTIA.

XTI Aerospace Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NOC	78 Outperform	$73.34B	17.47	27.75%	1.59%	4.44%	110.33%
GD	75 Outperform	$72.88B	19.63	17.44%	2.11%	12.88%	13.78%
LMT	74 Outperform	$104.79B	19.82	81.04%	2.88%	5.14%	-19.14%
TXT	64 Neutral	$13.65B	17.24	11.63%	0.11%	0.14%	-5.38%
Sector *	58 Neutral	$21.97B	10.63	-18.43%	2.40%	4.67%	-24.47%
XTIA	47 Neutral	$9.44M	―	-552.16%	―	―	―
BA	46 Neutral	$137.38B	―	-162.23%	―	-14.49%	-399.90%

XTI Aerospace Corporate Events

XTI Aerospace Advances with TriFan 600 and Strategic Moves

XTI Aerospace is advancing its groundbreaking TriFan 600, a vertical lift crossover airplane, towards commercialization by completing its conceptual design review. The company launched an enhanced Flight Transition Simulator, vital for simulating engine-out scenarios, and is poised to benefit from recent regulatory frameworks for powered-lift operations. With strategic leadership additions and an active focus on innovation, XTI is navigating the evolving aerospace market and setting the stage for future growth.