DMN - Damon Inc. Common Stock Stock Analysis | Stock Taper
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Damon Inc. Common Stock

DMN

Damon Inc. Common Stock NASDAQ
$0.00 0.00% (+0.00)

Market Cap $4.17 M
52w High $4.95
52w Low $0.00
P/E 0.00
Volume 2.23B
Outstanding Shares 2.45B

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q1-2025 $80.69K $2.87M $-3.3M -4.09K% $-0.17 $-3.29M
Q4-2024 $-10.17K $21.85M $-11.14M 109.61K% $-3.13 $-42.06M
Q3-2024 $81.41K $4.85M $-25.16M -30.91K% $-0.5 $-19.31M
Q2-2024 $49.52K $3.41M $32.52M 65.67K% $2.56 $31.29M
Q1-2024 $101.97K $1.48M $-1.56M -1.53K% $-0.08 $-1.4M

What's going well?

Revenue turned positive and losses shrank significantly compared to last quarter. Gross profit also improved, showing some progress in the business.

What's concerning?

The company is still losing far more than it makes, with expenses massively outpacing revenue. Share dilution is severe, making each share worth much less.

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q1-2025 $682.23K $1.82M $14.99M $-13.18M
Q4-2024 $2.48M $4.08M $13.97M $-9.89M
Q3-2024 $7.56M $8.66M $29.17M $-20.51M
Q2-2024 $788.56K $16.2M $17.18M $-974.3K
Q1-2024 $175.29K $1.24M $3.2M $-1.96M

What's financially strong about this company?

Asset quality is solid with no goodwill or intangibles, and most assets are tangible. Debt decreased slightly this quarter.

What are the financial risks or weaknesses?

Cash is running out fast, equity is deeply negative, and liabilities far exceed assets. The company cannot cover its short-term bills and may need to raise money urgently.

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q1-2025 $-3.3M $0 $0 $-36.82K $-1.8M $0
Q4-2024 $-5.3M $14.68M $0 $-81.81K $-5.03M $14.68M
Q3-2024 $-25.16M $-8.04M $0 $14.81M $6.77M $-8.04M
Q2-2024 $26.67M $-5.84M $673.27K $6.55M $613.27K $-5.84M
Q1-2024 $-1.56M $-799.53K $-596K $414.33K $-973.61K $-799.53K

What's strong about this company's cash flow?

The net loss narrowed compared to last quarter, and non-cash charges make up most of the loss. No new debt or dilution occurred this quarter.

What are the cash flow concerns?

Operating cash flow and free cash flow both dropped to zero, and cash reserves fell by $1.8 million. With only $725k left, the company could run out of cash soon if things don't improve.

5-Year Trend Analysis

A comprehensive look at Damon Inc. Common Stock's financial evolution and strategic trajectory over the past five years.

+ Strengths

DMN stands out for its differentiated vision in electric motorcycles, with strong emphasis on rider safety, adjustability, and connected services. It has demonstrated the ability to design complex integrated systems and attract customer interest in the form of reservations and media attention. Financially, recent periods show better cash discipline, lower reliance on debt than at the peak, and improvements in operating and free cash flow trends. Together, these elements suggest there is still a meaningful technological and brand foundation on which a viable business could be built if execution improves.

! Risks

At the same time, the risks are substantial. Revenue is tiny and declining, losses have been large and long‑lasting, and shareholders’ equity is negative, all pointing to a stressed financial position. The company has depended heavily on external financing and may continue to do so, which raises dilution and funding‑availability concerns. Production delays, lack of delivered units, delisting from a major exchange, and increasing competition from well‑funded incumbents and startups all add layers of execution and competitive risk. There is also the strategic risk that cost‑driven cuts to R&D and investment undermine the very innovation that differentiates DMN.

Outlook

The outlook for DMN is highly uncertain and likely to be binary in nature. If the company can secure sufficient funding, resolve manufacturing challenges, begin delivering motorcycles in volume, and build out its software and services platform, its existing technology could support significant growth from a very low base. If, however, financing remains constrained and production timelines slip further, the combination of weak finances and intensifying competition could limit its ability to recover. For now, DMN resembles a high‑potential but high‑risk story where the eventual outcome will depend heavily on near‑term execution, capital access, and the speed at which it can turn innovation into a sustainable commercial business.