Bedrijfsoverzicht
Energous Corporation is a technology enterprise that specializes in the development and provision of wireless charging system solutions within the United States market. The company operates within the broader Technology sector, specifically focusing on the Communication Equipment industry, which encompasses businesses that manufacture devices and systems facilitating data transmission and connectivity. As a publicly traded entity with the ticker symbol WATT, Energous currently maintains a market capitalization of $97.64M and employs a workforce of 27 individuals to support its operations. The company reported an annual revenue of $5.63M over the trailing twelve months, figures that collectively define its scale as a small-cap entity with limited revenue generation relative to its market valuation. This combination of a market cap nearly twenty times its trailing twelve-month revenue suggests the market is pricing in significant future expansion potential or speculative value rather than current profitability, positioning the firm in a niche segment where traditional financial metrics may not yet fully reflect its operational trajectory.
Financiële gezondheid
Over the trailing twelve months, Energous Corporation reported a revenue of $5.63M, yet this top-line figure contrasts sharply with a net income of -$9,593,000 and an EBITDA of -$8,812,000. The substantial gap between the positive revenue of $5.63M and the negative net income reveals a cost structure characterized by high operating expenses that far exceed gross earnings, resulting in a profit margin of -170.4%. Furthermore, the company generated a free cash flow of -$8,926,375, indicating a burn rate that consumes cash reserves rather than generating liquidity for reinvestment or shareholder returns. On the balance sheet, the company holds $10.40M in cash against a debt load of $1.17M, supported by a debt-to-equity ratio of 9.35, which technically indicates a leveraged position given the negative equity implied by the losses, though the absolute debt amount remains low relative to cash holdings. The current ratio stands at 4.19, a metric that signifies strong short-term liquidity, suggesting the firm possesses more than four dollars in current assets for every dollar of current liabilities. Return on Equity is recorded at -168.0% and Return on Assets at -54.5%, metrics that collectively reveal that management effectiveness in generating returns from shareholder capital and total assets is currently negative due to persistent operational losses.
Waarderingsbeoordeling
The valuation profile of Energous Corporation presents a trailing P/E ratio of N/A due to its lack of net income, while the forward P/E is calculated at 19.72, a metric that implies the market expects a significant turnaround in earnings to justify future price-to-earnings multiples. The price-to-book ratio is 3.12, indicating that the stock trades at a substantial premium of 3.12 times its book value, which often reflects investor confidence in the company's intangible assets and future technology potential rather than its current tangible net worth. Additionally, the price-to-sales ratio is 17.34, and the EV/EBITDA stands at -10.03, suggesting that alternative valuation metrics are heavily skewed by the company's negative earnings and reliance on sales growth to determine intrinsic value. Regarding trading ranges, the stock has a 52-week high of $20.48 and a 52-week low of $3.62, meaning the current price sits in a volatile range where it could theoretically trade anywhere between these extremes depending on market sentiment. The beta value is 0.59, which indicates that the stock's price volatility is historically lower than the broader market, suggesting that the asset may be less sensitive to general market swings compared to large-cap technology peers.
Growth & Income
The company experienced a revenue growth rate of 610.3% year-over-year, while earnings growth is listed as N/A because the company is currently reporting net losses. Since earnings are negative, they cannot be growing faster or slower than revenue in a traditional sense, but the magnitude of revenue expansion demonstrates a rapid scaling of operations despite the inability to yet translate these sales into bottom-line profit. Energous Corporation does not pay a dividend, evidenced by a dividend yield of N/A and a payout ratio of 0.0%, which confirms that the firm retains all its earnings to fund research and development and operational scaling rather than distributing income to shareholders. Consequently, the overall growth and income profile is defined by aggressive top-line expansion and a complete reinvestment strategy aimed at achieving profitability, with no current income distribution to support shareholder yields.