Firefly Neuroscience, Inc.

AIFF Technology Software Application

In the quarter to June 2026, revenue grew 71.9%, EPS grew 28.6% and free cash flow grew 25.4%, each against the same quarter a year earlier.

1.02 0.08 −7.27%
Market cap
$17.3M
P/E
0.0×
Fwd P/E
—
Dividend yield
—
F-score
4/9
Altman Z
−15.14
Beneish M
1.09
Dividend safety
n/a

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 30.80%

Capital & Financial Ratios $m

Market Cap 17.26
Revenue 1.80
Net Income (9.11)
Free Cash Flow (7.20)
Net Debt (9.23)
Current Ratio 4.87 (at or above 1.5: strong)
Debt/Equity 0.00 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E —
P/S ratio 11.67 (above 10: high)
P/B ratio 1.43
Past 5Y EPS Growth —
This Y EPS Growth —
Next Y EPS Growth —
Next Y revenue growth —
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 81.45%
10-year low 10-year high
P/B against its own 10 years 26.65%
10-year low 10-year high
EV/Sales against its own 10 years 78.10%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2020 Powerpack
2019 Powerpack
2018 Powerpack
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 2 2 3 9
Receivables 0 0 0 0
Inventory — — 0 0
Other — — — —
2 3 4 10
2023 2024 2025 Q'26
Payables 1 2 1 1
ST’ Debt — — — —
Other 0 1 — —
3 5 3 2

Compound Annual Growth %

10y 5y 3y
Sales (15.58%) (39.34%) (53.03%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 13.37% 36.47% 26.98%

Revenue $m

Mar Jun Sep Dec Year
’26 0 1 — — —
’25 0 0 0 0 1
’24 0 0 0 0 0
’23 2 2 0 — 0
’22 3 4 2 2 11
’21 3 5 4 3 15
’20 2 5 4 3 14
Fiscal quarters ending in the months shown.
value withheld pending a data check

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (2) (2) — — —
’25 (3) (2) (1) (2) (8)
’24 (1) (1) (3) (1) (6)
’23 (2) 0 0 (1) (2)
’22 (2) (2) (1) (1) (6)
’21 0 0 0 0 (1)
’20 0 0 1 0 0
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (2) (2) — — —
’25 (3) (2) (2) (2) (8)
’24 (1) (1) (3) (1) (7)
’23 (2) 0 0 (1) (3)
’22 (2) (2) (1) (1) (7)
’21 0 0 0 0 (1)
’20 0 0 1 0 0
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.13) (0.10) — — —
’25 (1.30) (0.14) (0.20) (0.16) (1.97)
’24 (0.22) (0.24) (0.61) (0.45) (1.60)
’23 (2.10) 0.30 (0.18) 1.12 (0.81)
’22 (3.60) (2.70) (7.80) (15.30) (29.40)
’21 0.60 0.10 (0.23) (3.30) (2.70)
’20 (0.30) (0.09) 0.60 0.90 0.90
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 3.60 4.20 4.20 2.40 2.70 31.20 10.20 3.30 2.31 0.81

Analyst estimates 2026–2028

Powerpack
High 5.70 12.60 15.00 7.80 48.90 164.70 180.00 42.90 15.90 17.20
People
People Employees 25 23 24 24 37 55 61 43 13 17
Revenue/emp, $m 0.27 0.46 0.37 0.42 0.38 0.27 0.18 0.01 0.01 0.07
Income, $m
Income, $m Revenue 7 11 9 10 14 15 11 0 0 1
Gross margin, % 27.09 22.70 23.99 13.77 15.89 24.05 25.97 100.00 100.00 56.48
EBT (1) 0 0 (1) 0 (2) (5) (3) (10) (20)
EBT margin, % (8.23) 2.32 (0.57) (7.06) 2.97 (14.65) (49.84) (522.49) (9,683.33) (1,740.54)
Net income (1) 0 0 (1) 0 (1) (18) (3) (10) (20)
Depreciation 0 0 0 0 0 0 0 0 1 0
Per share, $
Per share, $ Revenue 18.02 28.50 23.93 27.21 37.16 35.87 18.70 0.15 0.02 0.09
Earnings (1.50) 0.60 (0.14) (1.80) 1.20 (2.70) (29.40) (0.81) (1.60) (1.97)
Cash flow (0.69) 2.24 (2.04) (2.45) 1.13 (1.75) (10.20) (0.67) (0.94) (0.66)
Capex (0.04) 0.00 (0.02) (0.02) (0.17) (0.17) (0.91) (0.12) (0.06) (0.01)
Free cash flow (0.72) 2.24 (2.06) (2.48) 0.96 (1.92) (11.11) (0.79) (1.00) (0.67)
Book value 4.37 5.07 5.02 3.11 4.31 41.62 6.33 0.03 (0.06) 0.61
Shares, m 0 0 0 0 0 0 1 3 7 12
Valuation, ×
Valuation, × P/E 0.00 18.96 0.00 0.00 39.27 0.00 0.00 0.00 0.00 0.00
P/S 0.23 0.44 0.18 0.14 1.17 4.14 0.82 32.33 160.64 9.59
P/B 0.96 2.48 0.84 1.25 10.09 3.57 2.42 147.72 0.00 1.43
EV/Sales (0.05) 0.19 (0.04) 0.04 1.07 3.85 0.83 29.84 150.37 7.80
EV/FCF 1.21 2.38 0.51 (0.45) 41.69 (71.94) (1.39) (5.49) (2.36) (1.05)
Cash, $m
Cash, $m Operating cash flow 0 1 (1) (1) 0 (1) (6) (2) (6) (8)
Capex 0 0 0 0 0 0 (1) 0 0 0
Free cash flow 0 1 (1) (1) 0 (1) (7) (3) (7) (8)
Balance, $m
Balance, $m Working capital 2 2 2 1 2 5 (1) 0 (2) 1
Total debt — — — 0 0 0 0 1 — —
Net debt (2) (3) (2) (1) (1) (5) 0 (2) (2) (3)
Shareholders’ equity 2 2 2 1 2 17 4 0 0 8
Returns, %
Returns, % ROA (14.07) 6.58 (1.51) (26.57) 13.45 (8.34) (113.28) (49.01) (288.87) (325.39)
ROIC 0.00 0.00 0.00 (166.87) 102.62 (12.93) (98.92) 0.00 0.00 (113.19)
ROE (29.07) 13.98 (2.71) (47.26) 29.79 (11.88) (167.72) (135.61) 7,864.66 (675.60)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 1 Oct 2026

Charts ten years each

Firefly Neuroscience, Inc. vs peers in Software Application (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
FTFT Future FinTech Group Inc. $21.3M 2.4× — (loss-making) −43.92% (below 0%: shrinking) n/m −253.72% (below 0%: shrinking) 58.13% (570.43%) Compare
AWRE Aware, Inc. $19.2M — (loss-making) — (loss-making) −16.46% (below 0%: shrinking) n/m −140.14% (below 0%: shrinking) 84.02% (84.17%) Compare
MNDO MIND C.T.I. Ltd. $18.7M 5.8× 10.7× −2.97% (below 0%: shrinking) +100.00% (above 0%: growing) −86.57% (below 0%: shrinking) 55.39% 14.96% Compare
YMT Yimutian Inc. - Sponsored ADR $17.9M — — — — — — — Compare
AIFF Firefly Neuroscience, Inc. $17.3M — (loss-making) — +71.91% (above 0%: growing) n/m +25.40% (above 0%: growing) 49.22% (384.05%)
YAAS Youxin Technology Ltd $16.2M — — — — −95.02% (below 0%: shrinking) — — Compare
IDAI T Stamp Inc. $15.9M — (loss-making) — (loss-making) +10.73% (above 0%: growing) n/m −205.91% (below 0%: shrinking) 53.49% (266.39%) Compare
IPM Intelligent Protection Management Corp. $15.5M — (loss-making) — (loss-making) +12.93% (above 0%: growing) n/m +42.70% (above 0%: growing) 41.33% (23.40%) Compare
RPGL Republic Power Group Limited $13.9M — — — — −1,728.88% (below 0%: shrinking) — — Compare
Median of peers $17.0M — — −2.97% — −140.14% 55.39% (84.17%)

All 237 Software Application stocks →

Firefly Neuroscience, Inc. (AIFF) key facts

  • Firefly Neuroscience, Inc. (AIFF) is a Software Application company in the Technology sector, listed on Nasdaq.
  • As of October 16, 2026, AIFF traded at $1.02, a market capitalization of $17.3 million.
  • Return on equity was −675.6% and debt-to-equity 0.00.
  • Its Piotroski F-score is 4 out of 9 and its Altman Z-score is −15.14 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations · fundamentals updated Oct 1, 2026.

Firefly Neuroscience, Inc. (AIFF) Latest News

stockrow.com/AIFF · Data as of Oct 1, 2026 · For information only; not investment advice. · © 2026 stockrow.com