Amigo Technology, Inc. (6241) AI Stock Analysis

Amigo Technology, Inc.

(TPEx:6241)

Select Model

Rating:42Neutral

Price Target:TWD 15.50▼(-4.91% Downside)

Action:initiatedcoverage

Date:11/10/26

The overall score of 42 reflects a high-risk profile. The most significant factor is the company's critical inability to generate positive operating cash flow despite stabilizing net losses, indicating a fragile financial state. This is compounded by a bearish technical outlook, with the stock trading below all key moving averages and weak momentum. The elevated P/E ratio and lack of dividend yield offer no valuation support. The combination of cash burn and negative price trends drives the low score.

Positive Factors

Conservative LeverageLow leverage gives the company greater financial flexibility than a highly indebted peer and reduces pressure from interest obligations. This supports resilience during weaker operating periods and preserves capacity to fund operations or strategic initiatives if cash generation improves.

Negative Factors

Persistent Cash BurnNegative operating and free cash flow for two consecutive years signals that reported operations are not currently converting into sufficient cash. Persistent cash burn can gradually weaken liquidity, restrict investment capacity, and increase reliance on the balance sheet if the trend continues.

Amigo Technology, Inc. (6241) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 579.20M
Dividend Yield: ―
Average Volume (3M): 86.43K
Price to Earnings (P/E): 34.7
Beta (1Y): 0.05
Revenue Growth: -6.78%
EPS Growth: ―
Country: TW
Employees: 133
Sector: General
Sector Strength: 55
Industry: Communication Equipment

Amigo Technology, Inc. Business Overview & Revenue Model

Company Description

As an OEM/ODM specialist, Amigo Technology Inc. offers end-to-end support for networking and communication products, encompassing their design, manufacturing, and after-sales service. Their offerings prominently feature various Wi-Fi access points, s...

Amigo Technology, Inc. Financial Statement Overview

Summary

Financial health is fragile. While operating losses have narrowed and gross margins improved to 13.5%, the company remains unprofitable with a net loss. The most critical issue is the persistent negative operating cash flow (-NT$45.8M), marking the third consecutive year of cash burn, which raises serious sustainability concerns. The rapid increase in debt to NT$60.1M, though not yet alarming, adds risk.

Income Statement

18Very Negative

Balance Sheet

55Neutral

Cash Flow

10Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	659.16M	679.42M	646.67M	642.50M	1.05B	276.75M
Gross Profit	102.06M	91.67M	59.59M	61.43M	65.60M	599.00K
EBITDA	50.60M	19.76M	-5.17M	25.59M	-25.30M	-71.39M
Net Income	26.15M	-7.75M	-30.64M	3.02M	-50.06M	-85.10M
Balance Sheet
Total Assets	602.18M	598.19M	577.08M	552.66M	595.76M	692.37M
Cash, Cash Equivalents and Short-Term Investments	14.47M	21.89M	27.53M	128.29M	93.78M	38.72M
Total Debt	74.66M	60.06M	11.32M	4.98M	82.14M	69.37M
Total Liabilities	233.39M	242.85M	214.00M	158.99M	290.20M	443.46M
Stockholders Equity	368.78M	355.34M	363.08M	393.67M	305.55M	248.91M
Cash Flow
Free Cash Flow	-27.16M	-48.93M	-95.44M	136.03M	-91.61M	-408.79M
Operating Cash Flow	-25.66M	-45.85M	-82.20M	165.78M	-78.42M	-379.36M
Investing Cash Flow	-4.76M	-2.75M	-16.23M	-66.80M	-13.20M	-28.92M
Financing Cash Flow	30.48M	45.58M	-5.33M	-64.47M	146.67M	253.67M

Amigo Technology, Inc. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6241 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:6294	60Neutral	TWD 694.16M	13.97	―	11.26%	-12.40%	-35.00%
TW:8176	59Neutral	TWD 642.88M	36.42	―	―	-31.88%	-83.03%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:2314	43Neutral	TWD 586.42M	-1.02	―	―	22.52%	47.71%
TW:3499	42Neutral	TWD 599.18M	-8.58	―	―	-25.84%	-68.45%
TW:6241	42Neutral	TWD 742.20M	34.68	―	―	-6.78%	―

* General Sector Average

Performance Comparison

TW:6241 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6241	Amigo Technology, Inc.	16.30	0.75	4.79%
TW:2314	Microelectronics Technology Inc.	5.40	-17.05	-75.95%
TW:3499	Globalsat Worldcom Corp.	10.90	-3.30	-23.24%
TW:6294	Tekom Technologies, Inc.	26.65	-15.73	-37.12%
TW:6818	Advanced Wireless & Antenna Inc.	34.00	-3.77	-9.98%
TW:8176	Z-Com, Inc.	11.40	-1.07	-8.57%

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: Nov 09, 2026

Amigo Technology, Inc. AI Stock Analysis