Logo

SUPX

Super X AI Technology Ltd

SUPX

Super X AI Technology Ltd NASDAQ
$30.13 11.43% (+3.09)

Market Cap $668.10 M
52w High $76.50
52w Low $2.75
Dividend Yield 0%
P/E -21.37
Volume 299.10K
Outstanding Shares 22.17M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2023 $1.241M $1.135M $-624.536K -50.33% $-0.054 $-718.348K
Q2-2024 $737.982K $6.321M $-6.11M -827.88% $-0.48 $-6.235M
Q4-2022 $1.563M $279.986K $46.679K 2.987% $0.004 $22.989K
Q2-2022 $4.578M $1.097M $-8.001K -0.175% $-0.001 $-4.073K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2023 $7.245M $8.006M $1.041M $6.965M
Q2-2023 $372.523K $2.404M $1.539M $864.777K
Q4-2022 $558.386K $2.463M $1.37M $1.093M
Q2-2022 $743.881K $3.033M $2.029M $1.004M
Q4-2021 $999.227K $3.057M $1.853M $1.204M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2023 $-624.536K $-815.512K $0 $7.67M $0 $-815.512K
Q2-2023 $-230.392K $63.808K $-6.536K $-244.326K $0 $57.272K
Q4-2022 $46.679K $14.934K $-3.02K $-102.649K $0 $11.914K
Q2-2022 $-8.001K $30.133K $-11.6K $-370.631K $-440.841K $18.533K

Five-Year Company Overview

Income Statement

Income Statement The income statement shows a company that is still at a very early commercial stage. Revenue over the past few years is essentially negligible, and there is no clear sign yet of meaningful sales traction. Reported profits are close to break-even in absolute terms, but this is mainly because the company is tiny, not because it is already successful. Recent results tilt slightly into loss-making territory, which is typical for a young technology firm investing ahead of revenue. Overall, the financial track record so far is more of a “proof-of-concept” phase than an established operating business.


Balance Sheet

Balance Sheet The balance sheet is extremely small and simple. The company mainly holds a modest amount of cash and has little to no financial debt, which limits balance sheet risk but also highlights how early-stage and capital-constrained it is. Shareholders’ equity is very thin, reflecting a limited asset base and short operating history. In practical terms, the company appears financially clean but underbuilt, and future growth will likely depend heavily on raising additional capital or quickly converting its pipeline into paying projects.


Cash Flow

Cash Flow Cash flow information suggests there has not yet been meaningful, recurring cash coming in from operations, nor large, visible investments flowing out into long-lived assets. This reinforces the picture of a business still gearing up rather than one already running at scale. The absence of strong operating cash inflows means the company is likely reliant on external funding and careful cash management to support its growth plans and R&D efforts in the near term.


Competitive Edge

Competitive Edge Competitively, the company is aiming high: it wants to be a one-stop provider of AI data center infrastructure, combining computing power, advanced liquid cooling, and efficient power systems. Its strategy leans on integration, promising customers faster deployment and simpler vendor management than piecing together multiple suppliers. Partnerships with major GPU providers and specialized cooling and power companies, plus experienced leadership hires, strengthen its story. However, it is entering a very crowded and fast-moving field with large, well-funded rivals and hyperscale cloud providers. The core challenge is execution: turning an ambitious full-stack vision and partnerships into a credible installed base, reference customers, and repeat business.


Innovation and R&D

Innovation and R&D Innovation is clearly the company’s main strength. Its focus on a full-stack “compute plus cooling plus power” model is well aligned with the needs of high-density AI data centers. The “Modular AI Factory” concept, with pre-integrated blocks for compute, cooling, and power that can be deployed quickly, is a notable attempt to differentiate on speed and simplicity. Joint ventures in liquid cooling and high-voltage power, membership in the leading GPU ecosystem, and work on AI cloud and AI agent software all point to an aggressive R&D and product strategy. The key open questions are how quickly these ideas can be industrialized, how well the software layer matures, and whether the company can keep pace with rapid technology cycles in AI hardware and infrastructure.


Summary

Overall, Super X AI Technology Ltd is best described as an early-stage AI infrastructure platform with an ambitious technological and product vision but a very limited financial track record. The numbers today show a tiny, loss-making company without established revenue scale, while the narrative emphasizes an integrated AI data center solution, fast-deploying modular factories, and strong technology partnerships. The opportunity lies in riding the structural growth of AI computing demand with a differentiated, full-stack offering. The risks center on execution, intense competition from far larger players, the need for ongoing capital, and the uncertainty of converting innovation into stable, profitable customer relationships. For now, SUPX looks more like a speculative, build-out story than a mature operating business, and its future will depend heavily on its ability to win and deliver real-world projects over the next few years.