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Acceleware
(AXE)
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Rating:42Neutral
Price Target:
C$0.08
▼(-8.89% Downside)
Action:Reiterated
Date:09/11/26
The score is driven primarily by very weak financial performance (shrinking revenue, large losses, negative equity, and ongoing cash burn). Technicals add further caution as the stock trades below key moving averages with negative MACD and low RSI. Valuation provides limited offset because losses result in a negative P/E and there is no dividend yield support.
Positive Factors
High Gross Margin
The high gross margin indicates that Acceleware’s offerings may have attractive underlying unit economics when revenue is generated. If the company can restore scale and control its broader cost base, this margin profile could support improved operating leverage and future cash generation.
Negative Factors
Sharp Revenue Contraction
The sustained decline in trailing revenue signals that current commercial activity is not yet building a dependable growth base. Lower revenue reduces the ability to absorb fixed costs, fund technology development internally, and convert the company’s high gross margin into durable operating performance.
Read all positive and negative factors
Positive Factors
Negative Factors
High Gross Margin
The high gross margin indicates that Acceleware’s offerings may have attractive underlying unit economics when revenue is generated. If the company can restore scale and control its broader cost base, this margin profile could support improved operating leverage and future cash generation.
Read all positive factors
Acceleware (AXE) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$12.88M
Dividend YieldN/A
Average Volume (3M)14.67K
Price to Earnings (P/E)―
Beta (1Y)>-0.01
Revenue Growth-92.70%
EPS Growth-432.69%
CountryCA
Employees13
SectorGeneral
Sector StrengthN/A
IndustrySoftware - Application
Share Statistics
EPS (TTM)-0.02
Shares Outstanding143,128,850
10 Day Avg. Volume25,275
30 Day Avg. Volume14,668
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)-1.66
Price to Sales (P/S)13.72
P/FCF Ratio-7.87
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Acceleware Business Overview & Revenue Model
Company Description
Acceleware Ltd. is a technology company operating in both Canada and the United States, primarily focused on the oil and gas industry. The firm's activities are divided into two core segments: RF Heating and High-Performance Computing. Under its R...
How the Company Makes Money
Acceleware’s monetization is primarily tied to commercializing its electromagnetic heating technology. Revenue, where generated, would typically come from (a) licensing its EM heating intellectual property and related software/controls, (b) engine...
Acceleware Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
22
Negative
Cash Flow
16
Very Negative
| Breakdown | TTM | Dec 2025 | Mar 2025 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 278.06K | 719.18K | 5.23M | 279.01K | 328.29K | 752.77K |
| Gross Profit | 212.65K | 687.40K | 5.23M | 279.01K | 309.55K | 711.24K |
| EBITDA | -2.05M | -1.80M | 2.68M | -1.41M | -4.73M | -4.02M |
| Net Income | -2.30M | -1.86M | 2.00M | -2.05M | -5.14M | -4.08M |
Balance Sheet | ||||||
| Total Assets | 365.38K | 351.29K | 340.45K | 1.51M | 2.53M | 5.35M |
| Cash, Cash Equivalents and Short-Term Investments | 75.09K | 247.88K | 271.78K | 951.57K | 1.15M | 1.95M |
| Total Debt | 2.19M | 3.30M | 2.84M | 2.40M | 2.32M | 344.42K |
| Total Liabilities | 6.54M | 6.29M | 5.74M | 9.49M | 9.69M | 9.48M |
| Stockholders Equity | -6.18M | -5.94M | -5.40M | -7.98M | -7.16M | -4.12M |
Cash Flow | ||||||
| Free Cash Flow | -1.49M | -1.25M | -650.45K | -743.26K | -4.58M | -337.86K |
| Operating Cash Flow | -1.39M | -1.25M | -650.45K | -743.26K | -4.58M | -305.03K |
| Investing Cash Flow | 132.46K | 232.46K | 0.00 | 0.00 | 0.00 | -32.84K |
| Financing Cash Flow | 1.24M | 997.29K | -29.35K | 548.36K | 3.78M | 343.36K |
Acceleware Technical Analysis
Negative
0.09
Price Trends
0.10
Negative
0.10
Negative
0.10
Negative
Market Momentum
>-0.01
Negative
46.99
Neutral
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:AXE, the sentiment is Negative. The current price of 0.09 is below the 20-day moving average (MA) of 0.09, below the 50-day MA of 0.10, and below the 200-day MA of 0.10, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 46.99 is Neutral, 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 Negative sentiment for TSE:AXE.
Acceleware Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | C$30.34M | 11.96 | 25.28% | 12.71% | 8.75% | 5.82% | |
65 Neutral | C$298.72M | 21.21 | 18.44% | 1.00% | -3.23% | -27.76% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | C$51.53M | -21.61 | -66.53% | ― | 265.22% | -127.59% | |
47 Neutral | C$140.36M | -14.63 | -60.80% | ― | 48.65% | 25.20% | |
42 Neutral | C$12.88M | -5.20 | 37.48% | ― | -92.70% | -432.69% |
* General Sector Average
TSE:AXE
Acceleware
0.09
0.00
0.00%
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4.00
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Acceleware Corporate Events
Business Operations and StrategyFinancial Disclosures
Acceleware Deepens Saskatchewan Heavy Oil Position as RF Projects Advance
Neutral
Aug 28, 2026
Acceleware reported lower second-quarter 2026 revenue of $75,321 and a comprehensive loss of $805,930, reflecting ongoing investment in research and development and early-stage commercialization of its RF technologies. The company maintains a defe...
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.