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SuperX AI Technology Limited

SUPX

SuperX AI Technology Limited NASDAQ
$10.89 -19.15% (-2.58)

Market Cap $424.50 M
52w High $76.50
52w Low $3.82
P/E -7.72
Volume 381.19K
Outstanding Shares 31.51M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2024 $2.86M $6.07M $-15.1M -528.4% $-0.94 $-14.51M
Q2-2024 $737.98K $6.32M $-6.11M -827.88% $-0.47 $-6.24M
Q4-2023 $1.24M $1.13M $-624.54K -50.33% $-0.05 $-718.35K
Q2-2023 $1.66M $721.07K $-230.39K -13.86% $-0.02 $-308.93K
Q4-2022 $1.56M $279.99K $46.68K 2.99% $0 $22.99K

What's going well?

Sales grew nearly fourfold this quarter, and gross margins improved a bit. Operating losses narrowed slightly, showing some improvement in core operations.

What's concerning?

The company lost $15 million, more than double the prior quarter, mainly due to large negative 'other' expenses. Margins are still very low, and overhead remains much higher than sales.

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2024 $17.21M $52.05M $32.22M $19.83M
Q2-2024 $3.23M $6.42M $2.39M $4.04M
Q4-2023 $7.24M $8.01M $1.04M $6.96M
Q2-2024 $3.23M $6.42M $2.39M $4.04M
Q4-2022 $558.39K $2.46M $1.37M $1.09M

What's financially strong about this company?

SUPX now has a much larger cash reserve and low debt, with most assets in cash or receivables. The company is mostly funded by equity, giving it flexibility and low bankruptcy risk.

What are the financial risks or weaknesses?

Receivables have exploded, which could mean customers are slow to pay or one customer owes a lot. Retained losses are deep, and the company had to issue a lot of new shares, which dilutes existing shareholders.

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2024 $-15.1M $-5.41M $-11.08M $30.51M $13.97M $-5.45M
Q2-2024 $-6.11M $-2.9M $-1.34M $155.81K $3.23M $-3.16M
Q4-2023 $-624.54K $-815.51K $0 $7.67M $-372.52K $-815.51K
Q2-2024 $-6.11M $-2.9M $-1.34M $155.81K $0 $-3.16M
Q4-2022 $46.68K $14.93K $-3.02K $-102.65K $0 $11.91K

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

The company raised a large amount of cash through a stock sale, boosting its cash reserves to $17.2 million. Capital spending is low, so the business doesn't need much to maintain operations.

What are the cash flow concerns?

The business is burning more cash each quarter, and can't cover its costs from operations. It relies heavily on selling new shares, which dilutes existing shareholders and isn't a long-term solution.

5-Year Trend Analysis

A comprehensive look at SuperX AI Technology Limited's financial evolution and strategic trajectory over the past five years.

+ Strengths

SUPX combines a growing revenue base, a strengthened cash position, and low net debt with a focused strategy in a fast‑growing AI infrastructure niche. Its integrated product and service portfolio, together with key partnerships and a globalizing supply chain, give it a differentiated position relative to many smaller peers. The balance sheet expansion and manufacturing footprint show that management has been able to attract capital and build capacity relatively quickly.

! Risks

The company is currently deeply unprofitable, with sharply negative margins, worsening cash burn, and a rapidly growing pile of accumulated losses. Operating expenses—especially overhead—have escalated far faster than revenue, raising concerns about cost control and scalability. Liquidity, while supported by cash on hand, is pressured by a surge in short‑term liabilities, and the business faces strong competitive and execution risks as it attempts to ramp up in a capital‑intensive, rapidly evolving market.

Outlook

SUPX’s outlook is highly dependent on execution: it must convert its apparent commercial pipeline into sustained, profitable revenue while bringing operating costs under control. If it succeeds, its niche focus and integrated offerings could allow it to benefit from expanding global demand for AI infrastructure. Until then, its financial profile remains that of an early‑stage, high‑risk growth company reliant on external funding and vulnerable to setbacks in technology, competition, or customer demand.