Prestige Wealth, Inc. (PWM) AI Stock Analysis

• Market Cap: $60.28M
• Dividend Yield: N/A
• Average Volume (3M): 431.81K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.08
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 4
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): -0.09
• Shares Outstanding: 51,494,865
• 10 Day Avg. Volume: 262,144
• 30 Day Avg. Volume: 431,812
• PEG Ratio: >-0.01
• Price to Book (P/B): 2.76
• Price to Sales (P/S): 13.13
• P/FCF Ratio: -5.08
• Enterprise Value/Market Cap: 0.14
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: -667.41
• Enterprise Value/Ebitda: -18.45
• 1Y Price Target: $0.50
• Price Target Upside: -34.21% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 42 Neutral
• Price Target: $0.50 ▼(-34.21% Downside)

Prestige Wealth, Inc. is facing significant financial challenges, with declining revenues, profitability issues, and liquidity concerns being the most impactful factors. The technical analysis shows a slight short-term upward trend, but overall momentum is neutral. Valuation concerns are heightened by negative earnings and the lack of a dividend yield. These factors collectively result in a low overall stock score.

Prestige Wealth, Inc. Business Overview & Revenue Model

Company Description

Prestige Wealth, Inc. (PWM) is a financial services company specializing in wealth management and investment advisory services. The company offers a range of financial planning solutions tailored to meet the unique needs of high-net-worth individuals, families, and institutions. PWM's core offerings include portfolio management, retirement planning, tax optimization strategies, and estate planning, all designed to help clients achieve their financial goals and secure their financial future.

How the Company Makes Money

Prestige Wealth, Inc. generates revenue primarily through management fees and performance-based fees. Management fees are typically charged as a percentage of assets under management (AUM), providing a steady and predictable income stream as the company manages clients' investment portfolios. Performance-based fees are earned when the investments managed by PWM exceed pre-defined performance benchmarks, aligning the company's interests with those of its clients. Additionally, PWM may earn revenue from financial planning services, which could include flat fees or hourly rates for specific advisory services. The company may also benefit from strategic partnerships with financial institutions and investment firms, enhancing its service offerings and expanding its client base.

Prestige Wealth, Inc. Financial Statement Overview

Summary

Prestige Wealth, Inc. faces significant financial challenges across all verticals. The income statement highlights declining revenues and profitability issues, while the balance sheet shows reduced equity and negative returns. Cash flow analysis indicates liquidity concerns and inefficiencies in cash management. The company needs to address these issues to improve its financial health and ensure long-term sustainability.

Income Statement

Prestige Wealth, Inc. has experienced a significant decline in revenue over the past few years, with a negative revenue growth rate from 2020 to 2024. The company also reported negative EBIT and net income margins in the most recent year, indicating operational and profitability challenges. Despite a positive gross profit margin, the overall income statement reflects financial instability and declining performance.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio, suggesting manageable leverage. However, the equity ratio has decreased over time, indicating a reduction in asset financing through equity. The return on equity has been negative recently due to net losses, which raises concerns about the company's ability to generate returns for shareholders. Overall, the balance sheet reflects a mixed financial position with potential risks due to declining equity.

Cash Flow

Cash flow analysis reveals negative operating and free cash flows in the latest year, indicating liquidity challenges. The operating cash flow to net income ratio is negative, reflecting inefficiencies in converting income to cash. Although there was a positive free cash flow in earlier years, the recent trend shows deterioration in cash flow management. This raises concerns about the company's ability to sustain operations without external financing.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	―	639.91K	348.53K	2.09M	2.79M	2.56M
Gross Profit	-12.74K	639.91K	348.53K	2.09M	2.75M	2.56M
EBITDA	-460.66K	-5.70M	-1.05M	1.39M	245.65K	1.87M
Net Income	-467.39K	-6.88M	-1.04M	1.35M	1.91M	1.73M
Balance Sheet
Total Assets	18.15M	6.33M	6.86M	6.00M	4.46M	6.77M
Cash, Cash Equivalents and Short-Term Investments	6.66K	13.19K	431.31K	66.78K	750.22K	213.41K
Total Debt	0.00	180.52K	381.10K	3.56K	1.72K	0.00
Total Liabilities	2.20M	3.29M	681.07K	619.56K	449.77K	1.37M
Stockholders Equity	15.95M	3.04M	6.18M	5.38M	4.01M	5.40M
Cash Flow
Free Cash Flow	-10.66K	-1.66M	-996.58K	1.16M	1.30M	2.38M
Operating Cash Flow	-10.66K	-1.66M	-996.58K	1.16M	1.30M	2.38M
Investing Cash Flow	-23.03K	-1.76M	-2.34M	-1.36M	551.37K	-2.20M
Financing Cash Flow	32.14K	2.75M	3.92M	-471.75K	-1.32M	-205.34K

Prestige Wealth, Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.76
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PWM, the sentiment is Positive. The current price of 0.76 is above the 20-day moving average (MA) of 0.59, above the 50-day MA of 0.50, and above the 200-day MA of 0.65, indicating a bullish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 72.99 is Negative, neither overbought nor oversold. The STOCH value of 73.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PWM.

Prestige Wealth, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RMCO	56 Neutral	$32.91M	-144.38	-0.84%	0.20%	191.89%	90.32%
MAAS	49 Neutral	―	>-0.01	―	―	2195.36%	-35.59%
CWD	42 Neutral	$21.67M	-0.25	110.05%	―	-54.32%	-35.99%
PWM	42 Neutral	$60.28M	―	-80.12%	―	―	―
BENF	34 Underperform	$9.90M	-0.30	―	―	-22.73%	―
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Prestige Wealth, Inc. Corporate Events

Prestige Wealth Inc. Granted Extension to Regain Nasdaq Compliance

On October 1, 2025, Prestige Wealth Inc. received a notice from Nasdaq indicating that it had not regained compliance with the minimum bid price requirement for its Class A ordinary shares by the end of the initial compliance period on September 29, 2025. The company has been granted an additional 180 days, until March 30, 2026, to meet the requirement, failing which its shares may be delisted. This extension provides Prestige Wealth Inc. with more time to address the bid price deficiency, which is crucial for maintaining its listing status and investor confidence.

Prestige Wealth Reports Financial Loss Amidst Strategic Expansion

Prestige Wealth Inc. reported its financial results for the six months ended March 31, 2025, highlighting a significant net loss of $3.6 million compared to the previous year’s loss of $503,429. This financial downturn is attributed to increased operational costs following the acquisition of SPW Global Inc. and Wealth AI, which became wholly owned subsidiaries in November 2024. The acquisition is part of Prestige Wealth’s strategic expansion, potentially impacting its industry positioning by broadening its service offerings and geographical reach.

Prestige Wealth Inc. Completes $7.5 Million Private Placement

Prestige Wealth Inc. successfully completed a private placement on August 14, 2025, raising approximately US$7.5 million in gross proceeds. This financial maneuver involved the sale of Class A ordinary shares and warrants to purchase additional shares, potentially enhancing the company’s capital structure and market positioning.