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Damon (DMNIF) AI Stock Analysis

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DMNIF

Damon

(Other OTC:DMNIF)

Select Model
Rating:37Underperform
Price Target:$0.03â–²(3099900.00% Upside)
Action:reiterated
Date:03/19/26

DMNIF scores at the floor of the rating scale, driven primarily by catastrophic financial fundamentals: negligible and declining revenue, massive losses, negative equity, and zero cash flow generation. Technical indicators confirm a persistent downtrend with no momentum support. Valuation is unmeasurable by traditional metrics given deep losses and penny-stock pricing. The recent insider-funded emergency loan at 15% interest further highlights existential liquidity risk and inability to secure conventional financing. This is an extremely high-risk, speculative pre-revenue EV company with material going-concern uncertainty. Investors face substantial risk of total capital loss.

Positive Factors
Deleveraging TrendSharp reduction in total debt from 2023–2025 lowers interest and refinancing pressure and meaningfully improves financial flexibility. Deleveraging increases the company's run-rate resilience and optionality to pursue slower-path recovery strategies without immediate refinancing stress.
Negative Factors
Negative Shareholders' EquityNegative shareholders’ equity across 2023–2025 is a fundamental solvency concern that restricts access to conventional debt and equity financing. This structural capital deficiency increases creditor risk exposure, limits strategic flexibility and raises the prospect of restructuring or dilution over the medium term.

Damon (DMNIF) vs. SPDR S&P 500 ETF (SPY)

-80%-60%-40%-20%0%20%DMNIF-66.67%SPY+15.63%Dec '25Jan '26Feb '26Mar '26Apr '26
Market Cap
$142.10M
Dividend Yield
―
Average Volume (3M)
―
Price to Earnings (P/E)
-0.0
Beta (1Y)
1.43
Revenue Growth
―
EPS Growth
―
Country
US
Employees
13
Sector
General
Sector Strength
55
Industry
Auto - Manufacturers

Damon Business Overview & Revenue Model

Company Description

Damon Inc., operating primarily through its subsidiary Damon Motors Inc., specializes in the development of electric motorcycles and various other personal mobility solutions. The company's activities span both the United Kingdom and Canada. Among it...

How the Company Makes Money

null

Damon Financial Statement Overview

Summary

Damon exhibits extreme financial distress across all statements. Revenue is negligible and declining (~$223K in FY2025), net losses are massive relative to scale (-$5.4M), stockholders' equity is deeply negative (-$9.9M), and cash flows dropped to zero in FY2025. The income statement score of 6, balance sheet score of 4, and cash flow score of 3 all indicate a pre-commercial company with going-concern risk, no operating leverage, and complete dependence on external financing. This is among the weakest financial profiles possible.

Income Statement

6Very Negative

Balance Sheet

4Very Negative

Cash Flow

3Very Negative
Financial statement breakdown
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue201.46K222.74K336.56K391.85K0
Gross Profit93.37K115.34K254.48K296.63K0
EBITDA-1.74M-5.13M-17.79M-35.16M-36.15M
Net Income-7.09M-5.35M-21.77M-37.01M-36.74M
Balance Sheet
Total Assets1.82M4.08M8.41M4.52M14.93M
Cash, Cash Equivalents and Short-Term Investments682.23K2.48M6.15M2.07M8.96M
Total Debt997.72K1.11M7.12M18.15M1.46M
Total Liabilities14.99M13.97M17.65M28.99M4.23M
Stockholders Equity-13.18M-9.89M-50.45M-24.47M10.70M
Cash Flow
Free Cash Flow799.54K0-12.87M-21.09M-25.88M
Operating Cash Flow799.53K0-12.87M-21.08M-24.44M
Investing Cash Flow673.27K77.27K0-778.68K-2.71M
Financing Cash Flow21.24M21.69M11.20M13.83M25.28M

Damon Risk Analysis

Damon disclosed 96 risk factors in its most recent earnings report. Damon reported the most risks in the "Finance & Corporate" category.

Higher RiskSector Avg.Lower RiskFinance & CorporateTech & InnovationLegal & RegulatoryProductionAbility to SellMacro & Political
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy

Latest Risks Added

0 New Risks

Damon Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

DMNIF against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
LOBOLOBO41Neutral$6.10M-1.15-52.55%―21.59%13.00%
FLYEFLYE38Underperform$2.81M-0.21-66.56%―-27.96%70.33%
DMNIFDMNIF37Underperform$21-0.02125.27%―――

* General Sector Average

Performance Comparison

0%100%DMNIFLOBOFLYEDec '25Jan '26Feb '26Mar '26Apr '26
DMNIF and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
DMNIFDamon Inc.0.02-0.04-66.67%
LOBOLobo EV Technologies Ltd.0.42-0.33-43.84%
FLYEFly-E Group, Inc.1.70-4.14-70.89%

Damon Corporate Events

Business Operations and StrategyPrivate Placements and Financing

Damon Secures Insider-Funded Short-Term Financing Agreement

Negative
Jan 5, 2026

On December 29, 2025, Damon Inc. entered into a short-term, insider-funded promissory note with its chief financial officer, Baljinder Bhullar, and director, Dino Mariutti, who together agreed to lend the company $300,000 at 15% annual interest for g...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Mar 19, 2026