Investment Thesis
Aqua Power Systems is a pre-revenue or dormant electric services company with no operating revenue and persistent operating losses. The company is burning cash with negative free cash flow of -110.8K despite holding 82.3K in cash, indicating an unsustainable business model. With only 15.7K in stockholders' equity and severely negative ROE (-489.8%) and ROA (-84.8%), this company presents extreme financial distress with minimal margin of safety.
APSI Strengths
- Positive cash balance of 82.3K provides short-term runway
- No long-term debt eliminates refinancing risk
- Zero debt-to-equity ratio reflects no leverage burden
APSI Risks
- Zero revenue indicates no viable business operations or sales generation
- Negative operating cash flow of -48.5K shows operational cash burn
- Negative free cash flow of -110.8K unsustainable at current burn rate; cash reserves will deplete in under 1 year
- Severely depleted stockholders' equity of only 15.7K leaves minimal buffer for losses
- Catastrophic profitability metrics (ROE -489.8%, ROA -84.8%) indicate value destruction
- Capital expenditures of 62.3K while operating at losses suggests questionable capital allocation
- Data is stale (2022-09-30) with no recent SEC filings indicating potential inactive status
Key Metrics to Watch
- Revenue generation and path to profitability
- Monthly cash burn rate and remaining cash runway
- Operating cash flow trends and improvement toward positive
- Capital expenditure justification and expected returns
- Recent SEC filing activity and updated financial statements
APSI Financial Metrics
APSI Profitability Ratios
APSI Balance Sheet & Liquidity
APSI 5-Year Financial Trend
5-Year Trend Summary: AQUA POWER SYSTEMS INC.'s revenue has declined by 100% over the 5-year period, indicating business contraction. The most recent EPS of $0.00 indicates the company is currently unprofitable.
APSI Growth Metrics (YoY)
APSI Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2023 | N/A | -$35.5K | $0.00 |
| Q3 2022 | N/A | -$16.0K | N/A |
| Q1 2022 | N/A | -$41.4K | $0.00 |
| Q1 2016 | $354 | -$19.2K | N/A |
| Q3 2015 | $408 | -$26.7K | N/A |
| Q2 2015 | $476 | -$34.5K | N/A |
| Q1 2015 | $697 | -$19.2K | N/A |
| Q3 2014 | $335 | -$12.3K | N/A |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
APSI Capital Allocation
APSI SEC Filings
Access official SEC EDGAR filings for AQUA POWER SYSTEMS INC. (CIK: 0001553264)