AquaBounty Technologies Inc. Common Stock (AQB)

FairStock Score: 34/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor, I start with owners' earnings and a durable franchise. AquaBounty is a land-based aquaculture company, but the filed record shows a business that has not reached commercial profitability. Filed revenue was $2.5 million in fiscal year 2023; recent filings show revenue as n/a. Net losses were $27.6 million in fiscal year 2023, $149.2 million in fiscal year 2024, and $18.5 million in fiscal year 2025. In fiscal Q2 2026, the quarter ended 2026-06-30, net loss was $1.6 million, or $0.32 per diluted share. That is an improvement from fiscal Q2 2025, when net loss was $3.4 million, but it is still a loss. FairStock's trailing free cash flow is -$7.2 million, a -134.7% FCF yield against a $5.3 million market cap at the 2026-10-13 close of $1.03. FairStock's P/E is -1.11, P/B 1.88, ROE -50.23%, and ROCE -10.03%. Debt is zero per the provided D/E of 0.00, which helps, but FairStock's Piotroski 3/9 and Altman Z -44.26 signal distress. The FairStock score of 34/100 and a Lynch category of none because of losses in each of the last four years tell me there is no established earnings base. The 52-week range of $0.77 to $1.94 shows speculation. Without revenue, positive cash flow, or a moat evident in the numbers, this is not a Graham-style bargain despite the low absolute price. The growth trajectory must prove itself through recurring revenue and shrinking cash burn.

In plain English: AquaBounty is a land-based fish-farming company. The business looks weak: it has not reported revenue in recent filings, and it lost $149.2 million in fiscal year 2024 and $18.5 million in fiscal year 2025, with its last filed revenue at $2.5 million in fiscal year 2023. At the 2026-10-13 close of $1.03, the price does not look cheap against a business with no recent revenue and continuing losses.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer