Investment Thesis
Authentic Holdings demonstrates severe operational distress with negative operating margins of -197% and net margins of -310%, indicating the company is burning cash on every dollar of revenue. The balance sheet shows critically low liquidity (0.02x current ratio) with only $7K in cash against $6.4M in liabilities, creating an imminent solvency crisis with no evident path to profitability.
AHRO Strengths
- Strong gross margin of 70.4% suggests viable unit economics at the product level
- Moderate debt-to-equity ratio of 0.07x indicates relatively low leverage compared to equity base
- Positive stockholders' equity of $4.5M provides some asset backing
AHRO Risks
- Critically low liquidity (0.02x current ratio) with only $7K cash against current obligations, indicating immediate solvency concerns
- Severe cash burn with negative operating cash flow of -$10.4K and free cash flow margin of -3.0%
- Massive operating losses of -$687.5K on revenue of only $348.9K, demonstrating unsustainable business model
- Negative ROE of -23.9% and ROA of -9.9% indicate value destruction for both equity holders and asset base
- No insider buying activity in last 90 days suggests lack of management confidence
Key Metrics to Watch
- Operating cash flow trend and path to cash flow breakeven
- Cash balance depletion rate and runway until capital crisis
- Revenue growth and ability to achieve operating leverage
- Operating margin improvement toward positive territory
AHRO Financial Metrics
AHRO Profitability Ratios
AHRO Balance Sheet & Liquidity
AHRO 5-Year Financial Trend
5-Year Trend Summary: Authentic Holdings, Inc.'s revenue has grown significantly by 9,880% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.00 indicates the company is currently unprofitable.
AHRO Growth Metrics (YoY)
AHRO Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $97.1K | -$57.6K | $0.00 |
| Q2 2025 | $27.3K | -$151.9K | $0.00 |
| Q1 2025 | $40.2K | -$1.1M | $0.00 |
| Q3 2024 | N/A | -$361.0K | N/A |
| Q2 2024 | N/A | -$151.9K | N/A |
| Q1 2024 | N/A | -$1.1M | N/A |
| Q3 2023 | N/A | -$200.7K | N/A |
| Q2 2023 | N/A | -$200.7K | N/A |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
AHRO Capital Allocation
AHRO SEC Filings
Access official SEC EDGAR filings for Authentic Holdings, Inc. (CIK: 0001338929)