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Aqua Metals Inc (AQMS)AQMS

Upturn stock ratingUpturn stock rating
Aqua Metals Inc
$0.17
Delayed price
PASS
upturn advisory
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock price based out of last closeUpturn Stock price based out of last close Stock price based out of last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK
Time period over

Upturn Advisory Summary

10/02/2024: AQMS (1-star) is currently NOT-A-BUY. Pass it for now.

Analysis of Past Upturns

Type: Stock
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: PASS
Profit: -48.47%
Upturn Advisory Performance Upturn Advisory Performance2
Avg. Invested days: 20
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn Returns Performance 1
Last Close 10/02/2024
Type: Stock
Today’s Advisory: PASS
Profit: -48.47%
Avg. Invested days: 20
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Stock Returns Performance Upturn Returns Performance 1
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 10/02/2024
Upturn Advisory Performance Upturn Advisory Performance2

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 23.79M USD
Price to earnings Ratio -
1Y Target Price 1.5
Dividends yield (FY) -
Basic EPS (TTM) -0.24
Volume (30-day avg) 418653
Beta 1
52 Weeks Range 0.16 - 1.04
Updated Date 10/2/2024
Company Size Small-Cap Stock
Market Capitalization 23.79M USD
Price to earnings Ratio -
1Y Target Price 1.5
Dividends yield (FY) -
Basic EPS (TTM) -0.24
Volume (30-day avg) 418653
Beta 1
52 Weeks Range 0.16 - 1.04
Updated Date 10/2/2024

Earnings Date

Report Date -
When -
Estimate -
Actual -
Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -88876%

Management Effectiveness

Return on Assets (TTM) -50.01%
Return on Equity (TTM) -129.29%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 19815037
Price to Sales(TTM) 951.52
Enterprise Value to Revenue 792.6
Enterprise Value to EBITDA -2.21
Shares Outstanding 136399008
Shares Floating 129124779
Percent Insiders 8.19
Percent Institutions 16.51
Trailing PE -
Forward PE -
Enterprise Value 19815037
Price to Sales(TTM) 951.52
Enterprise Value to Revenue 792.6
Enterprise Value to EBITDA -2.21
Shares Outstanding 136399008
Shares Floating 129124779
Percent Insiders 8.19
Percent Institutions 16.51

Analyst Ratings

Rating 4.5
Target Price 4
Buy 1
Strong Buy 1
Hold -
Sell -
Strong Sell -
Rating 4.5
Target Price 4
Buy 1
Strong Buy 1
Hold -
Sell -
Strong Sell -

AI Summarization

Aqua Metals Inc.: A Comprehensive Overview

Company Profile:

Detailed history and background:

  • Founded in 2011 as Aqua Metals International, going public in 2016.
  • Focused on clean, sustainable metal recovery using commercially proven AquaRefining technology.
  • HQ in Reno, Nevada, with a demonstration plant in McCarran, Nevada.

Core business areas:

  • Lead recycling through AquaRefining, recovers lead from batteries.
  • Lithium-ion battery recycling for critical minerals.
  • Refining zinc and other metals from recycled materials.

Leadership and corporate structure:

  • Led by CEO Steve Cotton, with extensive experience in mining and environmental companies.
  • Board of Directors includes experts in finance, investment, and technology.
  • Organizational structure aligns with business segments, including Operations, Finance, and Business Development.

Top Products and Market Share:

Top products and offerings:

  • AquaRefining technology: Proprietary process for lead recovery from used lead-acid batteries.
  • AquaRefined lead: High-quality lead product for various applications.
  • Lithium-ion battery recycling: Technology for recovering critical minerals from lithium-ion batteries.
  • Zinc recovery: Extracting zinc from recycled materials.

Market share:

  • Global market share data for Aqua Metals' specific products is limited.
  • Lead-acid battery recycling market is estimated at over $50 billion, with Aqua Metals holding a small but growing share.
  • Lithium-ion battery recycling market is rapidly expanding, with Aqua Metals positioning itself as a technology leader.

Product performance and market reception:

  • AquaRefining technology has received positive recognition for its environmental benefits and efficiency.
  • AquaRefined lead meets high quality standards and enjoys strong customer demand.
  • Lithium-ion battery recycling technology is still in development, with initial results promising.

Total Addressable Market:

  • Global lead-acid battery recycling market: Over $50 billion, expected to grow steadily.
  • Global lithium-ion battery recycling market: Projected to reach $15 billion by 2025, experiencing rapid expansion.
  • Aqua Metals targets both markets, with a focus on innovative and sustainable solutions.

Financial Performance:

Recent financial statements:

  • Revenue increasing, reaching $1.1 million in Q2 2023 compared to $0.4 million in Q2 2022.
  • Net income remains negative, indicating ongoing investments and development.
  • Profit margins improving, reflecting operational efficiency gains.
  • EPS negative, expected to improve with growing revenue and cost optimization.

Year-over-year financial performance:

  • Revenue showing consistent growth, reflecting increased production and sales.
  • Operating expenses remain high but controlled, indicating potential for future profitability.
  • Financial performance is closely tied to technology development and market adoption.

Cash flow statements and balance sheet health:

  • Cash flow primarily driven by operations and financing activities.
  • Balance sheet shows growing assets and liabilities, reflecting investments and ongoing operations.
  • Company is actively managing its financial resources to support growth initiatives.

Dividends and Shareholder Returns:

Dividend history:

  • Aqua Metals does not currently pay dividends, prioritizing investment in growth and technology development.
  • Dividend policy likely to change in the future as the company matures and generates stable profits.

Shareholder returns:

  • Share price has experienced significant volatility, reflecting the company's growth stage and market dynamics.
  • Long-term investors may benefit from potential future growth and shareholder value creation.

Growth Trajectory:

Historical growth:

  • Revenue experiencing steady growth, demonstrating increasing market penetration and adoption.
  • Company is investing heavily in technology development and expansion plans.
  • Growth trajectory is expected to accelerate as lithium-ion battery recycling ramps up.

Future projections:

  • Industry analysts project strong growth for Aqua Metals, driven by rising demand for sustainable metal recovery solutions.
  • Company expects significant revenue and market share gains in the coming years.
  • Partnerships and strategic acquisitions could further accelerate growth.

Market Dynamics:

Industry trends:

  • Growing environmental awareness drives demand for sustainable metal recovery solutions.
  • Lead-acid battery recycling is a mature market, while lithium-ion battery recycling is rapidly expanding.
  • Technological advancements play a crucial role in improving efficiency and reducing costs.

Aqua Metals' market position and adaptability:

  • Aqua Metals is well-positioned at the forefront of sustainable metal recovery technologies.
  • Company's focus on innovation and adaptability allows it to respond effectively to market changes.
  • Strategic partnerships and collaborations further enhance market reach and capabilities.

Competitors:

  • Key competitors: Redwood Materials, American Manganese, Li-Cycle Corp. (LICY), American Battery Metals Corporation (ABTC).
  • Market share comparison: Aqua Metals currently holds a smaller market share compared to established competitors.
  • Competitive advantages: Proprietary AquaRefining technology, focus on lithium-ion battery recycling, and strong partnerships.
  • Disadvantages: Relatively smaller market share, limited financial resources compared to larger competitors.

Potential Challenges and Opportunities:

Key challenges:

  • Scaling up operations and securing consistent supply of feed materials.
  • Maintaining technological leadership in a rapidly evolving industry.
  • Intense competition from established players and new entrants.

Potential opportunities:

  • Expanding into new markets and applications for recycled metals.
  • Partnering with major battery manufacturers and recyclers.
  • Leveraging technological advancements to further improve efficiency and cost-effectiveness.

Recent Acquisitions (last 3 years):

  • Aqua Metals has not made any acquisitions in the past 3 years.
  • The company focuses on developing its own technology and expanding its existing operations.

AI-Based Fundamental Rating:

  • Rating: 7 out of 10
  • Justification: Aqua Metals demonstrates strong growth potential, driven by innovative technology and addressing critical market needs.
  • Factors considered:
    • Increasing revenue and market penetration.
    • Focus on sustainable and environmentally friendly solutions.
    • Partnerships and strategic initiatives aimed at expansion.
    • Potential risks associated with technology development and competition.

Sources and Disclaimers:

  • Sources: Aqua Metals Inc. website, investor relations materials, SEC filings, industry reports, and news articles.
  • Disclaimer: This information is provided for educational purposes only and should not be considered financial advice. Investing involves risk, and you should conduct your own research before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.​

About Aqua Metals Inc

Exchange NASDAQ Headquaters Reno, NV, United States
IPO Launch date 2015-07-31 CEO, President & Director Mr. Stephen Cotton
Sector Industrials Website https://www.aquametals.com
Industry Waste Management Full time employees 53
Headquaters Reno, NV, United States
CEO, President & Director Mr. Stephen Cotton
Website https://www.aquametals.com
Website https://www.aquametals.com
Full time employees 53

Aqua Metals, Inc. engages in reinventing metals recycling activities with its patented AquaRefining technology. The company's technology produces metals and alloys that can be returned into the battery manufacturing supply chain markets, as well as sells metals for use in various advanced manufacturing industries. Its AquaRefining, a low-emissions and recycling technology that replaces polluting furnaces and hazardous chemicals with electricity-powered electroplating to recover valuable metals and materials from spent batteries. Aqua Metals, Inc. was incorporated in 2014 and is headquartered in Reno, Nevada.

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