Saturday 7 November 2026
Export AIFC’s income statement to Excel — free account
AI Financial Corporation
AIFC Technology Software Infrastructure
AI Financial Corporation’s revenue for fiscal 2025 (year ended December 2025) was $24.8 million, up 109.0% from fiscal 2024.
- Revenue
- −62.2%
- EPS
- −242.0%
- Free cash flow
- −16.1%
- Total debt
- +31.9%
Quarter to June 2026, against a year earlier
0.17
0.01
+6.25%
Follow AIFC
Alert me
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 40 | 42 | 37 | 35 | 34 | 40 | 40 | — | 12 | 25 | 21 | (5.3%) | 36 | 51 | 64 | +37.4% | |
| Gross margin, % | 30.55 | 31.64 | 30.04 | 22.18 | 26.06 | 22.16 | 19.23 | — | 47.52 | 41.01 | 55.05 | +10.5 pt | ||||||
| EBT | 0 | 4 | (6) | (15) | (9) | (3) | 1 | (18) | (8) | (428) | (1,062) | +180.4% | ||||||
| EBT margin, % | (0.10) | 9.79 | (17.22) | (43.20) | (26.35) | (7.60) | 3.53 | 0.00 | (71.18) | (1,723.95) | (5,123.16) | (1,723.8) pt | ||||||
| Net income | (1) | 0 | (6) | (12) | (8) | (17) | 8 | (17) | (8) | (341) | (833) | +83.5% | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 33.42 | 30.97 | 24.61 | 19.90 | 18.29 | 15.05 | 12.57 | 0.00 | 1.06 | 0.43 | 0.15 | (38.4%) | |||||
| Earnings | (1.20) | 0.10 | (3.75) | (6.78) | (4.59) | (6.35) | 3.49 | (1.95) | (0.68) | (5.91) | (9.08) | +19.4% | ||||||
| Cash flow | 2.20 | 0.91 | 2.77 | (1.99) | (0.33) | (1.99) | (0.97) | 0.37 | 0.16 | (0.12) | (0.14) | n/m | ||||||
| Capex | (0.31) | 4.89 | (0.23) | (0.28) | (0.45) | (0.65) | (0.48) | 0.00 | 0.00 | 0.00 | 0.00 | (55.8%) | ||||||
| Free cash flow | 1.89 | 5.81 | 2.54 | (2.27) | (0.78) | (2.64) | (1.45) | 0.37 | 0.16 | (0.12) | (0.14) | n/m | ||||||
| Book value | 9.26 | 19.56 | 14.46 | 5.86 | 1.28 | (3.26) | 5.34 | (0.83) | 1.44 | 19.82 | 4.92 | +8.8% | ||||||
| Shares, m | 1 | 1 | 1 | 2 | 2 | 3 | 3 | 4 | 11 | 58 | 99 | +53.8% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 0.00 | 67.96 | 0.00 | 0.00 | 0.00 | 0.00 | 0.37 | — | 0.00 | 0.00 | 0.00 | 7.6 | |||||
| P/S | 0.17 | 0.18 | 0.09 | 0.15 | 0.27 | 0.27 | 0.12 | — | 2.26 | 2.58 | 1.12 | 0.7 | ||||||
| P/B | 0.60 | 0.28 | 0.15 | 0.50 | 3.83 | 0.00 | 2.02 | — | 8.68 | 0.06 | 0.04 | 1.8 | ||||||
| EV/Sales | 0.26 | 0.31 | 0.16 | 0.27 | 0.45 | 0.42 | 0.43 | — | 2.49 | 2.71 | 1.97 | 0.8 | ||||||
| EV/FCF | 4.67 | 1.62 | 1.57 | (2.35) | (10.55) | (2.40) | (3.02) | — | (70.83) | (7.55) | (1.98) | (9.9) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 3 | 1 | 4 | (4) | (1) | (5) | (3) | 1 | 2 | (7) | (19) | n/m | |||||
| Capex | 0 | 7 | 0 | 0 | (1) | (2) | (2) | — | — | 0 | (1) | (32.4%) | ||||||
| Free cash flow | 2 | 8 | 4 | (4) | (1) | (7) | (5) | 1 | 2 | (7) | (19) | n/m | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 1 | 5 | (1) | (9) | (14) | (12) | (15) | (6) | (7) | (22) | (10) | n/m | |||||
| Net debt | 4 | 2 | (1) | 4 | 6 | 6 | 12 | 1 | 5 | 3 | 18 | (2.7%) | ||||||
| Shareholders’ equity | 11 | 26 | 22 | 10 | 2 | (9) | 17 | (3) | 16 | 1,155 | 672 | +67.4% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | (3.27) | 0.27 | (13.69) | (37.34) | (31.84) | (85.47) | 35.50 | (23.95) | (16.06) | (53.20) | (203.72) | (49.9) pt | |||||
| ROIC | 4.61 | (0.51) | (18.07) | (53.43) | (65.27) | 0.00 | (6.74) | 0.00 | (20.29) | (1.23) | (2.02) | (5.8) pt | ||||||
| ROE | (12.48) | 0.63 | (23.44) | (74.89) | (133.75) | 535.25 | (345.17) | 1,560.84 | (562.05) | (59.81) | (247.36) | (47.3) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 445 | 165 | 159 | 208 | 179 | 170 | 207 | 5 | 10 | 16 | — | (30.9%) | |||||
| Revenue/emp, $m | 0.09 | 0.25 | 0.23 | 0.17 | 0.19 | 0.24 | 0.19 | 0.00 | 1.19 | 1.55 | — | +37.1% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026
AI Financial Corporation vs peers in Software Infrastructure (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| BBCI Bradbury Capital Inc. | $32.2M | 11.1× | — | — | 0.00% | −1,451.46% (below 0%: shrinking) | — | — | Compare |
| BNAI Brand Engagement Network Inc. | $32.1M | — (loss-making) | — (loss-making) | +3,102.00% (above 0%: growing) | n/m | +27.68% (above 0%: growing) | 100.00% | (2,205.43%) | Compare |
| SLMT Solmate Infrastructure Public Limited Company | $31.7M | — (loss-making) | — | −53.00% (below 0%: shrinking) | n/m | −327.77% (below 0%: shrinking) | (704.45%) | 0.00% | Compare |
| MLGO MicroAlgo Inc. | $28.6M | — (loss-making) | — | — | n/m | +2,804.16% (above 0%: growing) | 32.98% | 0.00% | Compare |
| AIFA All In FutureTech Alliance Inc. | $25.6M | — (loss-making) | — (loss-making) | −34.99% (below 0%: shrinking) | n/m | −157.96% (below 0%: shrinking) | 36.72% | (182.01%) | Compare |
| ORIO Orion Digital Corp. | $23.8M | — (loss-making) | — (loss-making) | −0.56% (below 0%: shrinking) | n/m | +432.75% (above 0%: growing) | 74.86% | 7.54% | Compare |
| AIFC AI Financial Corporation | $22.5M | — (loss-making) | — (loss-making) | −62.15% (below 0%: shrinking) | n/m | −16.14% (below 0%: shrinking) | 97.56% | (29.33%) | |
| DRK Sphere 3D Corp. | $16.6M | — (loss-making) | — (loss-making) | +15.55% (above 0%: growing) | n/m | +46.49% (above 0%: growing) | 0.00% | (191.03%) | Compare |
| BIRD Smartbird, Inc. | $15.4M | — (loss-making) | — (loss-making) | −93.05% (below 0%: shrinking) | n/m | −46.59% (below 0%: shrinking) | 0.00% | (387.78%) | Compare |
| Median of peers | $27.1M | — | — | −17.77% | — | −9.45% | 32.98% | (182.01%) |
Pay and ownership Proxy statement filed 3 February 2026
Chief executive’s pay
| Year | Total pay | Actually paid | $100 invested |
|---|---|---|---|
| 2024 | 1.07m | 140.00k | 794.46 |
| 2023 | 817.71k | 617.71k | 40.88 |
| 2022 | 625.32k | 625.32k | 33.50 |
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards
at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s
shares at the start of the earliest year shown was worth at each year’s end.
Read the proxy statement