AppTech (APCX) AI Stock Analysis

• Market Cap: $6.85M
• Dividend Yield: N/A
• Average Volume (3M): 199.25K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.08
• Revenue Growth: -25.38%
• EPS Growth: 67.34%
• Country: US
• Employees: 9
• Sector: Technology
• Sector Strength: 77
• Industry: Software - Infrastructure
• EPS (TTM): -0.08
• Shares Outstanding: 33,283,330
• 10 Day Avg. Volume: 172,990
• 30 Day Avg. Volume: 199,250
• PEG Ratio: -0.06
• Price to Book (P/B): 1.96
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.12
• Enterprise Value/Market Cap: 0.95
• Enterprise Value/Revenue: 4.36
• Enterprise Value/Gross Profit: 29.65
• Enterprise Value/Ebitda: -0.18
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

AppTech is facing significant financial and operational challenges, particularly in profitability and cash flow. The technical analysis indicates a strong bearish trend with oversold conditions. Valuation is difficult due to negative earnings and lack of dividend yield. These factors collectively result in a low overall score.

AppTech Business Overview & Revenue Model

Company Description

AppTech Payments Corp., a financial technology company, provides electronic payment processing technologies and merchant services in the United States. Its merchant services offer financial processing for businesses to accept cashless and/or contactless payments, such as credit cards, automatic clearing house, wireless payments, and others. In addition, the company offers integrated solutions for frictionless digital and mobile payment acceptance, including acceptance of alternative payment methods, as well as multi-use case, multi-channel, API-driven, and account-based issuer processing for card, digital tokens, and payment transfer transaction services. The company was formerly known as AppTech Corp. AppTech Payments Corp. was incorporated in 1998 and is headquartered in Carlsbad, California.

How the Company Makes Money

AppTech generates revenue primarily through transaction fees and service charges associated with its payment processing solutions. The company earns money by providing merchant services, where it facilitates transactions between businesses and their customers, charging a fee for each transaction processed. Additionally, AppTech may offer subscription-based services or licensing fees for the use of its proprietary technology platforms. Strategic partnerships with financial institutions and technology providers also contribute to its revenue by expanding its market reach and enhancing its service offerings.

AppTech Financial Statement Overview

Summary

AppTech faces significant challenges with profitability and cash generation, despite improvements in equity and low leverage. The negative revenue growth and persistent net losses indicate operational struggles. The company needs to focus on enhancing operational efficiency and revenue generation to improve financial health.

Income Statement

AppTech's income statement reveals significant challenges with profitability and revenue growth. The company has posted consistent net losses, with the net profit margin being negative. Revenue has decreased from $504,000 in 2023 to $276,000 in 2024, indicating a concerning revenue growth trend. The EBIT and EBITDA margins are also negative, underscoring operational inefficiencies.

Balance Sheet

The balance sheet shows improvement in equity with a positive stockholders' equity of $5.47 million in 2024, up from $4.19 million in 2023. The debt-to-equity ratio is low, indicating low financial leverage, but the overall asset base remains modest. The equity ratio is healthy at 60.8%, indicating a strong equity foundation relative to assets.

Cash Flow

AppTech's cash flow statement highlights a negative operating cash flow and free cash flow in 2024, reflecting challenges in generating cash from operations. While financing activities have provided some liquidity, the free cash flow growth rate remains negative. Operating cash flow to net income ratio is negative, indicating operational cash generation issues relative to net losses.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
388.00K	276.00K	504.00K	450.00K	353.82K	329.50K
	Gross Profit
219.00K	224.00K	317.00K	230.00K	204.38K	189.13K
	EBIT
-9.17M	-9.55M	-19.18M	-15.33M	-77.32M	-3.61M
	EBITDA
-6.83M	-6.86M	-17.48M	-15.46M	-76.14M	-3.84M
	Net Income Common Stockholders
-8.54M	-8.93M	-18.51M	-17.02M	-13.40M	-4.53M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
417.00K	868.00K	1.28M	3.46M	8.03K	57.50K
	Total Assets
6.91M	8.99M	8.35M	12.52M	7.56M	379.69K
	Total Debt
61.00K	147.00K	158.00K	2.02M	2.09M	3.20M
	Net Debt
-356.00K	-721.00K	-1.12M	-1.45M	2.09M	3.15M
	Total Liabilities
61.00K	3.52M	4.16M	5.09M	7.51M	8.57M
	Stockholders Equity
3.66M	5.47M	4.19M	7.42M	44.00K	-8.19M
Cash Flow		Free Cash Flow
-7.62M	-7.46M	-8.86M	-9.99M	-3.00M	-591.39K
	Operating Cash Flow
-7.09M	-7.46M	-8.86M	-8.20M	-1.82M	-591.39K
	Investing Cash Flow
-1.16M	-1.16M	-500.00K	-1.79M	-1.18M	5.91K
	Financing Cash Flow
7.12M	8.20M	7.18M	13.44M	2.96M	618.81K

AppTech Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.20
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For APCX, the sentiment is Negative. The current price of 0.2 is below the 20-day moving average (MA) of 0.28, below the 50-day MA of 0.34, and below the 200-day MA of 0.55, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 27.28 is Positive, neither overbought nor oversold. The STOCH value of 28.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for APCX.

AppTech Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	60 Neutral	$11.58B	10.33	-7.23%	2.94%	7.47%	-10.84%
SOS	50 Neutral	$17.15M	―	-3.13%	―	-35.46%	60.83%
APCX	43 Neutral	$6.85M	―	-220.48%	―	-25.38%	67.34%
DTSS	42 Neutral	$19.52M	―	-501.24%	―	141.65%	-28.86%
RVYL	38 Underperform	$5.43M	―	-243.87%	―	-14.99%	59.75%
BNAI	35 Underperform	$12.45M	―	-422.39%	―	―	-20.33%

AppTech Corporate Events

AppTech to Transition from Nasdaq to OTCQB Market

On May 16, 2025, AppTech was informed by Nasdaq of its decision to delist the company’s common stock and warrants due to noncompliance with Nasdaq Listing Rule 5550(a)(2). As a result, trading will be suspended on May 20, 2025. However, AppTech has secured approval for its securities to be quoted on the OTCQB market tier, ensuring continuity in trading under the same symbols. This transition is not expected to impact the company’s business or operations, and AppTech will continue to comply with SEC reporting requirements.

Spark’s Take on APCX Stock

According to Spark, TipRanks’ AI Analyst, APCX is a Neutral.

AppTech’s overall stock performance is hindered by significant financial challenges, including negative revenue growth and persistent net losses. Technical indicators suggest weak market momentum, and the valuation is unattractive with a negative P/E ratio and no dividend yield. The company’s low leverage and improved equity are positive, but they are overshadowed by the operational inefficiencies and cash flow issues.

To see Spark’s full report on APCX stock, click here.