AirIQ Financials

IQ Stock  CAD 0.45  0.09  25.00%   
We suggest to use AirIQ Inc analysis to find out if markets are presently mispricing the company. We were able to interpolate thirty-one available fundamental indicators for AirIQ Inc, which can be compared to its peers. The stock experiences a very speculative upward sentiment. Check odds of AirIQ to be traded at C$0.5625 in 90 days. Key indicators impacting AirIQ's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio0.713.507
Way Down
Slightly volatile
  
Understanding current and past AirIQ Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of AirIQ's financial statements are interrelated, with each one affecting the others. For example, an increase in AirIQ's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in AirIQ's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of AirIQ Inc. Check AirIQ's Beneish M Score to see the likelihood of AirIQ's management manipulating its earnings.

AirIQ Stock Summary

AirIQ competes with NamSys, Bewhere Holdings, Renoworks Software, Ackroo, and Avante Logixx. AirIQ Inc. develops and operates a telematics asset management system using specialized software, digitized mapping, wireless communications, the Internet, and the global positioning system in Canada. AirIQ Inc. was incorporated in 1997 and is headquartered in Pickering, Canada. AIRIQ INC operates under Software - Application classification in Canada and is traded on TSX Venture Exchange.
Foreign Associate
  USA
Specialization
Information Technology, Software - Application
InstrumentCanada Stock View All
ExchangeTSX Venture Exchange
ISINCA0091204036
Business Address1099 Kingston Road,
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.airiq.com
Phone888 606 6444
CurrencyCAD - Canadian Dollar
You should never invest in AirIQ without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of AirIQ Stock, because this is throwing your money away. Analyzing the key information contained in AirIQ's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

AirIQ Key Financial Ratios

There are many critical financial ratios that AirIQ's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that AirIQ Inc reports annually and quarterly.

AirIQ Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets4.1M3.9M4.6M8.4M9.1M10.8M
Net Debt(2.1M)(1.7M)(1.8M)(2.2M)(3.1M)(3.0M)
Retained Earnings(96.4M)(96.0M)(95.4M)(91.7M)(90.9M)(95.4M)
Accounts Payable761K574K700K767K593K563.4K
Cash2.2M1.8M1.9M2.2M3.1M2.1M
Net Receivables347K499K433K567K251K238.5K
Total Liab1.8M1.2M1.4M1.5M1.2M1.1M
Total Current Assets3.0M2.8M2.9M3.5M4.0M5.7M
Other Current Assets115K77K82K133K145K241.4K
Inventory373K355K515K639K484K725.1K
Intangible Assets659K683K719K1.0M1.2M1.5M
Other Liab100K124K30K78K70.2K106.8K
Net Tangible Assets1.6M2.0M2.4M5.9M6.8M7.2M
Net Invested Capital2.3M2.8M3.2M7.0M7.9M4.1M
Net Working Capital1.5M1.7M1.6M2.2M2.9M1.7M

AirIQ Key Income Statement Accounts

201920202021202220232024 (projected)
Total Revenue5.0M3.7M4.4M5.0M5.5M6.1M
Gross Profit2.6M2.5M2.7M3.0M3.0M2.7M
Operating Income575K633K601K759K814K854.7K
Ebit539K633K601K759K814K854.7K
Ebitda995K1.1M1.1M1.4M1.5M1.6M
Cost Of Revenue2.5M1.2M1.7M2.0M2.5M3.5M
Net Income713K449K567K3.7M869K912.5K
Income Tax Expense7K6K30K(2.8M)499.1K524.1K
Income Before Tax713K449K567K863K869K912.5K
Research Development140K109K118K114K103K97.9K

AirIQ Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash1.5M(382K)71K276K949K996.5K
Free Cash Flow1.5M(361K)251K399K993K1.0M
Depreciation420K431K478K601K667K633.7K
Capital Expenditures404K614K960K673K656K927.6K
Net Income713K449K567K3.7M869K912.5K
End Period Cash Flow2.2M1.8M1.9M2.2M3.1M2.1M
Other Non Cash Items7K6K(3K)(302K)1.2M1.2M
Change To Inventory(204K)18K(160K)(124K)155K162.8K
Change To Netincome38K56K1K(2.7M)(2.5M)(2.3M)
Investments(404K)(614K)(960K)(673K)(656K)(688.8K)

AirIQ Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining AirIQ's current stock value. Our valuation model uses many indicators to compare AirIQ value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across AirIQ competition to find correlations between indicators driving AirIQ's intrinsic value. More Info.
AirIQ Inc is rated fourth overall in return on equity category among its peers. It also is rated fourth overall in return on asset category among its peers reporting about  0.44  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for AirIQ Inc is roughly  2.27 . At this time, AirIQ's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the AirIQ's earnings, one of the primary drivers of an investment's value.

AirIQ Inc Systematic Risk

AirIQ's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. AirIQ volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on AirIQ Inc correlated with the market. If Beta is less than 0 AirIQ generally moves in the opposite direction as compared to the market. If AirIQ Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one AirIQ Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of AirIQ is generally in the same direction as the market. If Beta > 1 AirIQ moves generally in the same direction as, but more than the movement of the benchmark.

AirIQ Inc Total Assets Over Time

Today, most investors in AirIQ Stock are looking for potential investment opportunities by analyzing not only static indicators but also various AirIQ's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of AirIQ growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0531)

At this time, AirIQ's Price Earnings To Growth Ratio is fairly stable compared to the past year.

AirIQ November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of AirIQ help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of AirIQ Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of AirIQ Inc based on widely used predictive technical indicators. In general, we focus on analyzing AirIQ Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build AirIQ's daily price indicators and compare them against related drivers.

Additional Tools for AirIQ Stock Analysis

When running AirIQ's price analysis, check to measure AirIQ's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AirIQ is operating at the current time. Most of AirIQ's value examination focuses on studying past and present price action to predict the probability of AirIQ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AirIQ's price. Additionally, you may evaluate how the addition of AirIQ to your portfolios can decrease your overall portfolio volatility.