Investment Thesis
Apple iSports Group is in severe financial distress with zero revenue, negative stockholders' equity of -$5.7M, and substantial operating losses exceeding $6M. The company is technically insolvent with current assets of only $360K against liabilities of $6.1M, indicating imminent insolvency risk and inability to continue operations.
AAPI Strengths
- No strengths identified
AAPI Risks
- Zero revenue generation indicating non-operational business
- Negative stockholders' equity of -$5.7M representing balance sheet insolvency
- Critically low liquidity with current ratio of 0.01x and cash reserves of only $9.3K
- Large operating losses of -$6.1M with negative operating cash flow of -$3.9M
- Total liabilities of $6.1M exceed total assets of $360K by 16x multiple
- Negative ROA of -2290.2% demonstrating asset inefficiency and value destruction
- Long-term debt of $2.7M with negative interest coverage unable to service obligations
- Failure to generate any revenue while incurring substantial operating expenses
Key Metrics to Watch
- Revenue generation and return to operations
- Resolution of negative equity position and debt restructuring
- Monthly cash burn rate and path to operational cash flow positivity
- Continuation of Form 4 insider activity indicating management engagement
AAPI Financial Metrics
Revenue
$0.0
Net Income
$-8.3M
EPS (Diluted)
$0.03
Free Cash Flow
$-3.9M
Total Assets
$360.3K
Cash Position
$9.3K
AAPI Profitability Ratios
Gross Margin
N/A
Operating Margin
N/A
Net Margin
N/A
ROE
N/A
ROA
-2,290.2%
FCF Margin
N/A
AAPI Balance Sheet & Liquidity
Current Ratio
0.01x
Quick Ratio
0.01x
Debt/Equity
N/A
Debt/Assets
1,695.2%
Interest Coverage
-196.32x
Long-term Debt
$2.7M
Disclaimer: This analysis is generated by Claude AI based on publicly available SEC EDGAR filings.
It does not include stock price data and should not be considered financial advice.
All fundamental data is sourced from SEC public domain filings.
Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR |
Analysis Date: Mar 18, 2026 |
Data as of: 2025-09-30 |
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