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TurnOnGreen (TOGI)
OTHER OTC:TOGI
US Market
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TurnOnGreen (TOGI) AI Stock Analysis

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TOGI

TurnOnGreen

(OTC:TOGI)

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Neutral 42 (OpenAI - Gpt-5.6Sol)
Rating:42Neutral
Price Target:
$0.02
▼(-20.00% Downside)
Action:N/A
Date:08/20/26
The score is primarily constrained by weak financial quality: ongoing losses, negative free cash flow, and a highly stressed balance sheet with negative equity and rising debt. Technicals also remain bearish with the price below all key moving averages and negative MACD. Valuation provides limited support because the company is unprofitable (negative P/E) and there is no dividend yield data.
Positive Factors
Revenue Growth
Meaningful revenue expansion indicates improving commercial traction and a broader opportunity to scale the business. Sustaining this growth could strengthen operating leverage, although profitability has not yet caught up.
Negative Factors
Persistent Unprofitability
Continued operating and net losses show that the revenue rebound has not yet translated into sustainable earnings. Persistent unprofitability can restrict reinvestment capacity, increase reliance on external funding, and delay the path to self-sustaining growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Meaningful revenue expansion indicates improving commercial traction and a broader opportunity to scale the business. Sustaining this growth could strengthen operating leverage, although profitability has not yet caught up.
Read all positive factors

TurnOnGreen (TOGI) vs. SPDR S&P 500 ETF (SPY)

TurnOnGreen Business Overview & Revenue Model

Company Description
TurnOnGreen, Inc. specializes in the engineering and production of advanced power systems. These essential products are designed for critical, life-saving, and continuous applications within a wide array of industries, including those operating in...
How the Company Makes Money
Detailed, current disclosures describing TurnOnGreen's (TOGI) revenue model, key revenue streams, unit economics (e.g., hardware sales vs. recurring software/network fees vs. installation/service), and material partnerships are not available from ...

TurnOnGreen Financial Statement Overview

Summary
Despite meaningful revenue improvement and a sharp gross margin rebound (~48% vs ~21% in 2023), the company remains loss-making (negative EBIT/EBITDA) with a deeply negative net margin (~-27%). Balance sheet risk is elevated due to negative equity and rising debt (~$11.2M) against a small asset base (~$4.7M), and cash flow remains negative (TTM operating cash flow and free cash flow roughly -$1.9M), indicating ongoing cash burn and funding/liquidity pressure.
Income Statement
26
Negative
Balance Sheet
12
Very Negative
Cash Flow
18
Very Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue7.43M7.23M4.91M4.20M5.52M5.35M
Gross Profit3.54M3.32M2.12M895.00K2.02M1.68M
EBITDA-804.00K-792.00K-2.88M-4.02M-3.68M-1.73M
Net Income-2.04M-2.11M-3.97M-4.83M-4.22M-1.83M
Balance Sheet
Total Assets4.67M3.23M2.75M4.72M6.65M4.43M
Cash, Cash Equivalents and Short-Term Investments61.00K65.00K27.00K21.00K95.00K112.00K
Total Debt11.16M8.46M5.82M1.30M1.84M407.61K
Total Liabilities13.63M36.07M33.48M9.14M5.04M1.44M
Stockholders Equity-8.96M-7.84M-30.73B-4.43M1.61M2.99M
Cash Flow
Free Cash Flow-1.94M-77.97K-2.71M-3.38M-2.93M-4.36M
Operating Cash Flow-1.86M2.02K-2.67M-3.34M-2.67M-4.34M
Investing Cash Flow-31.00K-80.00K-42.00K-42.00K-263.00K-18.00K
Financing Cash Flow3.10M3.07M2.71M3.31M2.92M4.21M

TurnOnGreen Risk Analysis

TurnOnGreen disclosed 63 risk factors in its most recent earnings report. TurnOnGreen reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 3 New Risks
1.
Recent changes in our management may cause uncertainty in, or be disruptive to, our general business operations. Q4, 2023
2.
Disruption of our manufacturing facilities or other operations or those of our suppliers, or in the operations of our customers, due to climate change, earthquake, flood, other natural catastrophic events, public health crises such as the Covid-19 pandemic or terrorism could result in cancellation of orders, delays in deliveries or other business activities, or loss of customers and could seriously harm our business. Q4, 2023
3.
We are in a highly competitive EV charging services industry and there can be no assurance that we will be able to compete with many of our competitors which are larger and have greater financial resources. Q4, 2023

TurnOnGreen Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
49
Neutral
$196.60M-13.25-142.24%324.67%-158.36%
47
Neutral
$1.19B-0.7155.63%533.87%31.49%
45
Neutral
$13.48M-1.49-737.52%-36.58%5.31%
44
Neutral
$16.63M-0.061227.16%-4.85%53.62%
42
Neutral
$3.22M-1.580.05%29.63%21.83%
41
Neutral
$13.80M-0.12-1251.69%-119.02%53.13%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TOGI
TurnOnGreen
0.02
<0.01
21.43%
FLUX
Flux Power Holdings
0.57
-0.93
-61.80%
EOSE
Eos Energy Enterprises
3.22
-4.29
-57.12%
GWH
ESS Tech
0.35
-1.05
-75.00%
DFLI
Dragonfly Energy Holdings Corp
1.10
-1.83
-62.46%
NEOV
NeoVolta
4.24
0.72
20.45%
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: Aug 20, 2026