Altitude (ALT) AI Stock Analysis

• Market Cap: £14.95M
• Dividend Yield: N/A
• Average Volume (3M): 75.80K
• Price to Earnings (P/E): 20.7
• Beta (1Y): 0.13
• Revenue Growth: 15.82%
• EPS Growth: 37.50%
• Country: UK
• Employees: 111
• Sector: Technology
• Sector Strength: 65
• Industry: Software - Application
• EPS (TTM): <0.01
• Shares Outstanding: 72,914,180
• 10 Day Avg. Volume: 160,517
• 30 Day Avg. Volume: 75,803
• PEG Ratio: 0.55
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Altitude Group's strong financial base and positive corporate events drive its overall score. While technical analysis shows neutral trends, the company's moderate valuation and leadership confidence offer a promising outlook.

Altitude Business Overview & Revenue Model

Company Description

Altitude (ALT) is a technology company specializing in cloud computing and data analytics solutions. It operates primarily within the information technology sector, offering a suite of services that include infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS). The company caters to a diverse range of industries, providing scalable and secure cloud solutions designed to enhance business operations and drive digital transformation.

How the Company Makes Money

Altitude makes money through a subscription-based revenue model, where clients pay recurring fees for access to its cloud services and platforms. Key revenue streams include fees for computing power, storage solutions, and data analytics tools, which are charged on a pay-as-you-go basis or through tiered subscription plans. The company also generates revenue through strategic partnerships with enterprise clients and technology providers, offering custom solutions and integration services. Additionally, Altitude leverages its expertise in artificial intelligence and machine learning to offer premium analytics services, which contribute significantly to its earnings.

Altitude Financial Statement Overview

Summary

Altitude demonstrates strong financial performance with substantial revenue growth and solid equity stability. While profitability margins and cash flow generation have room for improvement, the company's low leverage and effective cost management provide a solid foundation for future growth.

Income Statement

Altitude has demonstrated strong revenue growth, with a 28% increase from the previous year. The gross profit margin stands at approximately 43.2%, indicating effective cost management. However, the net profit margin is relatively low at 2.9%, suggesting room for improvement in profitability. The EBITDA margin is healthy at 5.8%, but EBIT margins are thin due to operating expenses.

Balance Sheet

The company maintains a solid equity base with an equity ratio of 73.6%, showcasing financial stability. The debt-to-equity ratio is low at 0.036, highlighting minimal leverage risk. Return on equity improved to 6.5%, reflecting enhanced profitability and efficient use of equity.

Cash Flow

Altitude's cash flow from operations is robust, with a strong operating cash flow to net income ratio of 3.06. Free cash flow has decreased by 24% year-over-year, indicating potential challenges in cash generation. However, the free cash flow to net income ratio remains positive at 0.49, suggesting adequate cash flow management.

Breakdown
Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
24.01M	18.76M	11.94M	7.71M	6.65M
	Gross Profit
10.37M	8.61M	6.15M	5.58M	4.75M
	EBIT
79.00K	231.00K	-18.00K	-1.25M	-1.69M
	EBITDA
1.40M	1.34M	960.00K	-196.00K	-473.60K
	Net Income Common Stockholders
697.00K	390.00K	97.00K	-1.09M	-4.58M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.22M	1.17M	902.00K	2.10M	2.35M
	Total Assets
14.49M	13.86M	11.29M	11.09M	13.30M
	Total Debt
383.00K	386.00K	690.00K	665.00K	863.00K
	Net Debt
-837.00K	-787.00K	-212.00K	-1.43M	-1.49M
	Total Liabilities
3.83M	4.43M	3.18M	3.30M	4.21M
	Stockholders Equity
10.66M	9.43M	8.11M	7.79M	9.09M
Cash Flow		Free Cash Flow
338.00K	445.00K	-1.08M	-569.00K	-3.21M
	Operating Cash Flow
2.13M	1.55M	-227.00K	90.00K	-2.25M
	Investing Cash Flow
-1.80M	-1.10M	-852.00K	-338.00K	-3.98M
	Financing Cash Flow
-257.00K	-225.00K	-164.00K	-7.00K	8.15M

Altitude Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 20.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:ALT, the sentiment is Negative. The current price of 20.5 is below the 20-day moving average (MA) of 23.30, below the 50-day MA of 23.83, and below the 200-day MA of 29.01, indicating a bearish trend. The MACD of -0.72 indicates Positive momentum. The RSI at 28.81 is Positive, neither overbought nor oversold. The STOCH value of 18.15 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:ALT.

Altitude Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GAW	80 Outperform	£5.13B	29.30	65.47%	3.32%	17.40%	25.15%
ALT	75 Outperform	£14.95M	20.71	6.94%	―	15.82%	37.50%
IGR	67 Neutral	£59.46M	4.63	4.42%	―	-10.76%	―
Sector *	60 Neutral	$10.96B	10.28	-6.73%	2.97%	7.74%	-12.45%
TUNE	59 Neutral	£93.80M	47.48	1.70%	4.13%	-3.88%	-83.28%

Altitude Corporate Events

Altitude Group Announces Director Share Dealings and Voting Rights Update

Altitude Group plc announced recent director dealings involving its ordinary shares. CFO Graham Feltham exercised options for 444,444 shares, increasing his holding to 0.96% of the company’s share capital. Additionally, Non-Executive Director Peter Hallett transferred 741,764 shares to his wife without altering his beneficial holding. The new shares from the option exercise will be admitted to trading on AIM, bringing the total voting rights to 72,914,174. This development may influence shareholder calculations regarding their interests in the company’s share capital.

Spark’s Take on GB:ALT Stock

According to Spark, TipRanks’ AI Analyst, GB:ALT is a Outperform.

Altitude Group shows robust financial performance and positive corporate developments, supporting a strong growth outlook. However, thin profitability margins and a high valuation relative to peers suggest caution is warranted despite the positive market momentum.

To see Spark’s full report on GB:ALT stock, click here.

Altitude Group CEO Increases Stake with Share Purchase

Altitude Group plc announced that its CEO, Nichole Stella, has purchased 50,000 ordinary shares in the company, increasing her total holding to approximately 2.36% of the company’s issued share capital. This transaction reflects a significant vote of confidence in the company’s future prospects by its leadership, potentially impacting stakeholder perceptions and market positioning.

Altitude Group CEO Increases Stake with Share Purchase

Altitude Group plc announced that its CEO, Nichole Stella, has purchased 50,000 ordinary shares of the company, increasing her total holding to approximately 2.36% of the company’s issued share capital. This transaction highlights the CEO’s confidence in the company’s future prospects and may positively influence stakeholder perception and investor confidence.

Altitude Group PLC Reports Strong Growth and Major University Contract Wins

Altitude Group PLC has announced a significant trading update for the year ending 31 March 2025, projecting a revenue increase of up to 20.8% compared to the previous year, despite challenges such as currency exchange impacts and market softness due to US tariffs. A major highlight is the award of seven new university contracts, including a $4 million annual contract, boosting the Gear Shop division’s expected revenues significantly. The company continues to diversify its market presence, with the Gear Shop’s growth and new contracts positioning it for future expansion, even amidst short-term uncertainties.

Altitude Group Announces Change of Registered Office

Altitude Group plc has announced a change in its registered office address to C/O Almond CS Limited, 11 York Street, Manchester, effective from 28 March 2025. This move may reflect strategic operational adjustments and could potentially impact the company’s logistical or administrative functions, offering new opportunities for stakeholder engagement.

Altitude Group Executives Increase Shareholdings, Signaling Confidence

Altitude Group plc announced that its CEO Nichole Stella, CFO Graham Feltham, and COO Deborah Wilkinson have purchased additional ordinary shares in the company. This move signifies confidence in the company’s future prospects and could positively impact stakeholder perceptions, reinforcing the leadership’s commitment to the company’s growth and stability.

Altitude Group Appoints Alexander Brennan as Non-Executive Chairman

Altitude Group PLC has appointed Alexander Brennan as the new independent Non-Executive Chairman, replacing David Smith who stepped down due to other commitments. Brennan brings extensive experience in technology and international business growth, which is expected to support Altitude’s next phase of scalability and expansion, enhancing shareholder value.