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Aquarius Surgical Technologies (ASTI) AI Stock Analysis

TSE:ASTI

Aquarius Surgical Technologies

(CNQX:ASTI)

Select Model
Rating:45Neutral
Price Target:CAD 0.02â–²(0.00% Upside)
Action:upgraded
Date:10/21/26

The score is held down primarily by weak financial performance (large losses, negative equity, and high leverage with ongoing cash burn). Technicals provide some support via a strong move above major moving averages, but overbought signals and slightly negative MACD add near-term risk. Valuation remains unattractive/unclear due to negative earnings and no dividend.

Positive Factors
Revenue ReboundThe 20.3% TTM revenue rebound provides evidence of renewed demand for the company’s surgical technologies and related solutions. If maintained, improving sales can broaden operating scale, support customer adoption, and create a stronger base for eventual cost absorption.
Negative Factors
Persistent UnprofitabilityThe extremely negative TTM net margin, together with ongoing EBIT and EBITDA losses, shows that revenue and gross profit are not covering the company’s operating and non-operating cost base. Persistent losses weaken internal funding capacity and make a durable earnings recovery uncertain.

Aquarius Surgical Technologies (ASTI) vs. iShares MSCI Canada ETF (EWC)

-40%-30%-20%-10%0%10%20%30%40%TSE:ASTI0.00%EWC+21.27%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
CAD 115.92K
Dividend Yield
―
Average Volume (3M)
37.59K
Price to Earnings (P/E)
-0.3
Beta (1Y)
-0.31
Revenue Growth
8.66%
EPS Growth
-545.88%
Country
Canada
Employees
3
Sector
Healthcare
Sector Strength
51
Industry
Medical - Devices

Aquarius Surgical Technologies Business Overview & Revenue Model

Company Description

Aquarius Surgical Technologies Inc., operating through its subsidiary Surgical Lasers Inc., specializes in the creation, sale, distribution, and promotion of advanced technological solutions tailored for surgical and other healthcare settings through...

Aquarius Surgical Technologies Financial Statement Overview

Summary

Financials are highly stressed despite a TTM revenue rebound (+20.3%): profitability remains extremely weak (net margin about -713%) with ongoing EBIT/EBITDA losses, negative equity (~-6.6M), and high debt relative to assets (debt ~7.1M vs assets ~1.9M). Cash flow is still negative (TTM FCF roughly -88k), implying reliance on external funding.

Income Statement

18Very Negative

Balance Sheet

8Very Negative

Cash Flow

20Very Negative
Financial statement breakdown
BreakdownTTMJun 2026Jun 2025Jun 2023Mar 2022Jun 2020
Income Statement
Total Revenue91.44K91.44K91.20K205.25K327.66K958.74K
Gross Profit40.16K33.48K47.31K132.85K130.30K378.25K
EBITDA655.51K-241.88K-832.81K-456.62K-611.35K-1.18M
Net Income-651.71K-651.71K-1.17M-757.66K-859.20K-1.61M
Balance Sheet
Total Assets1.91M1.91M1.95M574.44K894.98K1.66M
Cash, Cash Equivalents and Short-Term Investments44.51K44.51K7,559107.38K158.19K105.19K
Total Debt6.94M6.94M6.47M4.04M3.24M2.02M
Total Liabilities8.34M8.34M7.72M5.18M4.11M2.35M
Stockholders Equity-6.42M-6.42M-5.77M-4.61M-3.21M-689.15K
Cash Flow
Free Cash Flow-116.36K-116.36K-383.29K-256.92K-117.38K-1.07M
Operating Cash Flow-116.36K-116.36K-383.29K-252.56K-112.16K-951.17K
Investing Cash Flow00-1.80M-4,358-5,221-86.99K
Financing Cash Flow153.31K153.31K2.08M242.29K129.59K1.02M

Aquarius Surgical Technologies Technical Analysis

Technical Analysis SentimentPositive
Last Price0.01

Price Trends

50DMA0.01Positive
100DMA0.01Positive
200DMA0.01Positive

Market Momentum

MACD0.00Negative
RSI81.36Negative
STOCH33.33Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ASTI, the sentiment is Positive. The current price of 0.01 is above the 20-day moving average (MA) of 0.01, above the 50-day MA of 0.01, and above the 200-day MA of 0.01, indicating a bullish trend. The MACD of 0.00 indicates Negative momentum. The RSI at 81.36 is Negative, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ASTI.

Aquarius Surgical Technologies Peers Comparison

Overall Rating

UnderperformOutperform
Sector (51)

Financial Indicators

TSE:ASTI against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *51Neutral$7.86B-0.30-43.30%2.27%22.53%-2.21%
TSE:PRNTSE:PRN50NeutralCAD 335.37M-6.77-62.45%―59.60%32.53%
TSE:ASGTSE:ASG47NeutralCAD 8.98M-5.36-34.32%―-5.42%-5.37%
TSE:VPTTSE:VPT46NeutralCAD 15.43M-6.1356.40%―89.06%37.62%
TSE:ASTITSE:ASTI45NeutralCAD 413.99K-0.2723.95%―8.66%-545.88%
TSE:PINKTSE:PINK38UnderperformCAD 27.62M-1.41-303.05%―35.27%58.34%

* Healthcare Sector Average

Performance Comparison

-50%0%50%100%150%TSE:ASTITSE:ASGTSE:PINKTSE:PRNTSE:VPTDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
TSE:ASTI and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
TSE:ASTIAquarius Surgical Technologies 0.010.000.00%
TSE:ASGAurora Spine0.12-0.17-58.93%
TSE:PINKPerimeter Medical Imaging Ai Inc0.18-0.05-23.40%
TSE:PRNProfound Medical9.180.9111.00%
TSE:VPTVentriPoint Diagnostics0.08-0.02-20.00%
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: Oct 21, 2026