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AquaBounty Technologies, Inc. AQB

We limit data available in the Overview Report for users who do not have Powerpack

Get access to target analyst prices, predictions, compound annual growth rates and more than four years of historical data.

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy
Sell
Insider Ownership
0.52%

Capital & Financial Ratios

Market Cap
5.82
Revenue
1.26
Net Income
(18.35)
Free Cash Flow
(7.18)
Net Debt
(1.89)
Current Ratio
4.26
Debt/Equity
0.00
P/E ratio
0.00
P/S ratio
4.66
P/B ratio
2.09
Past 5Y EPS Growth
(24.01%)
This Y EPS Growth
(141.28%)
Next Y EPS Growth
86.82%
Next 5Y EPS Growth
in millions of $

Dividends

Payout Ratio
0.00
Annual Dividend Rate
Annual Dividend Yield
total individual payouts
2023 ‡‡‡
2022 ‡‡‡
2021 ‡‡‡
2020 ‡‡‡
2019 ‡‡‡
2017 ‡‡‡
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 8.20 0.23 0.50 1.89
Receivables
Inventory 1.73
Other 21.66 10.82 9.55 9.60
31.01 11.34 10.32 11.70
2023 2024 2025 Q'26
Payables 12.11 0.89 0.34 0.52
ST’ Debt 0.52 1.26
Other 0.36 14.05 8.41 2.23
14.77 16.20 8.75 2.75
in millions of $

Compound Annual Growth

10y 5y 3y
Sales ‡‡‡‡‡ ‡‡‡‡‡
Cash Flow ‡‡‡ ‡‡‡ ‡‡‡
Earnings ‡‡‡ ‡‡‡ ‡‡‡
Book Value ‡‡‡ ‡‡‡ ‡‡‡

Revenue

Mar Jun Sep Dec Year
’26 0.48 0.18 0.05
’23 0.40 0.79 0.73 0.55
2.47
’22 0.96 1.07 0.65 0.45
3.14
’21 0.07 0.23 0.46 0.42
1.17
’20 0.01 0.00 0.07 0.05
0.13
’19 0.10 0.04 0.05
0.19
’18 0.02 0.05 0.01 0.01
0.08
in millions of $

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (1.02) (1.33)
’25 (2.36) (1.55) (1.65) (3.18)
(8.74)
’24 (4.42) (4.33) (4.01) (1.11)
(13.86)
’23 (6.14) (6.10) (6.22) (5.77)
(24.24)
’22 (5.33) (5.93) (6.70) (3.05)
(21.01)
’21 (4.52) (5.94) (4.65) (5.36)
(20.47)
’20 (2.93) (4.04) (3.61) (3.70)
(14.29)
in millions of $

Free Cash Flow

Mar Jun Sep Dec Year
’26 (1.02) (1.33)
’25 1.36 (0.64) 0.82 (3.15)
(1.61)
’24 (5.54) (5.05) 4.68 (0.39)
(6.30)
’23 (29.07) (29.76) (25.89) (8.41)
(93.13)
’22 (11.09) (30.64) (21.11) (25.65)
(88.48)
’21 (5.73) (7.17) (6.38) (6.91)
(26.19)
’20 (3.53) (4.94) (4.66) (5.04)
(18.16)
in millions of $

EPS

Mar Jun Sep Dec Year
’26 (0.26) (0.32)
’25 0.10 (0.87) (0.36)
(4.77)
’24 (2.90) (13.08) (0.88)
(38.65)
’23 (1.80) (1.80) (1.60) (2.19)
(7.17)
’22 (1.40) (1.60) (1.60) (1.80)
(6.20)
’21 (1.20) (1.40) (2.00) (1.60)
(6.40)
’20 (2.20) (2.20) (1.80) (2.80)
(9.00)

Target Price Range

High
‡‡‡‡‡
‡‡‡
Average
‡‡‡‡‡
‡‡‡
Low
‡‡‡‡‡
‡‡‡

Recommendation Rating

3
1
Buy
2
3
Hold
4
5
Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡ 11.64 1.57 0.47 0.50
Low Price
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 47.40 23.60 2.95 2.95
High Price
‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ 100 82 4 3
Employees
‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.03 0.03 0.00 0.00
Revenue/Emp
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 3.14 2.47
Revenue
‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (334.52%) (518.02%)
Gross Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (22.16) (13.84) (11.38) (2.23)
EBT
‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (706.32%) (559.75%) 0.00% 0.00%
EBT Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (22.16) (27.56) (149.19) (18.49)
Net Income
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 2.02 2.16 0.90
Depreciation
‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.82 0.64 0.00 0.00
Revenue/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡ ‡‡‡‡ (6.20) (7.17) (38.65) (4.77)
Earnings/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (5.48) (6.30) (3.59) (2.26)
Cash Flow/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (17.60) (17.92) 1.96 1.84
Capex/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (23.08) (24.22) (1.63) (0.42)
Free CF/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 50.07 42.93 4.10 (0.49)
Book Value/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 3.83 3.84 3.86 3.87
Shares
‡‡‡ ‡‡‡ ‡‡‡ ‡‡‡ ‡‡‡ 0.00 0.00
PE Ratio
‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 19.48 4.34
PS Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.32 0.07
PB Ratio
‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (10.16) 3.05
EV/Sales
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.36 (0.08)
EV/FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (21.01) (24.24) (13.86) (8.74)
Op' Cash Flow
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (67.48) (68.89) 7.56 7.13
Capex
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (88.48) (93.13) (6.30) (1.61)
FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 90.62 16.24 (4.86) 1.57
Working Cap'
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 8.67 5.02 3.26 3.49
Total Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (92.97) (3.18) 3.03 2.98
Net Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 191.92 165.02 15.84 (1.89)
Sh' Equity
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (10.02%) (13.73%) (134.64%) (83.28%)
ROA
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (14.10%) (5.28%) (31.89%) (229.59%)
ROIC
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (10.92%) (15.44%) (164.98%) (265.10%)
ROE
predictions in italic, sparklines do not include predictions

Analyst Commentary (Summary)

AquaBounty Technologies (AQB), pioneers of the FDA-approved AquAdvantage GM salmon, promised to revolutionize aquaculture but has delivered a biotech horror story of hype, hype crashes, and hemorrhaging cash. Revenue rocketed 820% to $11.75 million in 2021 on commercial breakthroughs, only to crater 21% in 2023 and vanish entirely in 2024 amid a 95% employee purge—from 82 to just 4—signaling a desperate pivot or shutdown. Gross margins stay mired in negative territory, cumulative losses explode to $149 million, and relentless share dilution has gutted book value per share by 84%, echoing the gene therapy busts of the early 2000s where ambition outran execution.

Cash burn remains ferocious, with capex black holes like 2022’s $67.5 million spike yielding abysmal ROIC and ROE, while stock prices have plunged 98% from peaks, trading at rock-bottom multiples that scream skepticism over the “sustainable protein” narrative. Insider silence—no buys amid the lows—offers no comfort, and international barriers plus consumer aversion to Frankenfish continue throttling adoption.

Yet, 2025 forecasts whisper stabilization: $1.3 million revenue, slashed losses, and BVPS rebound. Is this a turnaround trap or undervalued gem in a funding winter? Fundamentals howl caution—value destruction over innovation—but biotech survivors thrive on pivots; dive deeper to weigh if AQB merits a speculative watchlist slot or swift avoidance.

AquaBounty Technologies, Inc. (AQB) Latest News

News by impact score

Fine-tune

6 Aug

4 Newsfile, 8:01 AM
AquaBounty Technologies announced a significant increase in net loss for the second quarter of 2024, driven by a non-cash impairment charge. The company completed the sale of its Indiana farm and certain equipment from the Ohio farm. David F. Melbourne Jr. was promoted to CEO. The significant increase in net loss, sale of farm assets, and change in CEO are expected to have a significant impact on AquaBounty's future and market performance.

3 , 8:30 AM
AquaBounty Technologies expands its strategic alternatives review to include power infrastructure development opportunities. Expansion of strategic review into power infrastructure signals potential new operational directions without immediate execution.

3 Zacks, 9:30 AM
AquaBounty Technologies, Inc. (AQB) reported a Q2 loss of $1.56 per share, worse than the Zacks Consensus Estimate of a loss of $0.93, marking a 67.74% earnings surprise. Revenue for the quarter was $0.18 million, exceeding estimates by 80%, but down from $0.79 million a year ago. The company has surpassed consensus revenue estimates twice in the last four quarters. AquaBounty shares have declined 41.7% year-to-date, contrasting with the S&P 500's 8.7% gain. The current Zacks Rank for the stock is #3 (Hold), indicating expected performance in line with the market. The consensus EPS estimate for the upcoming quarter is -$0.89 on $0.1 million in revenues. The mixed earnings outlook and significant revenue surprise indicate a moderately noticeable influence on future performance.

28 Oct

4 Newsfile, 8:00 AM
AquaBounty Technologies, Inc. (AQB) reported its financial results for the third quarter of 2025, highlighting key metrics such as revenue growth and operational advancements. The company continues to focus on its innovative aquaculture practices and expansion plans, aiming to enhance production efficiency and market reach. Management expressed optimism about future prospects, driven by increasing demand for sustainable seafood solutions and strategic partnerships. The financial results indicate significant operational advancements and growth potential that could alter the company's trajectory.

28 Aug

3 Associated Press Finance, 10:30 AM
AquaBounty Technologies, Inc. (AQB) has been highlighted as one of the most active stocks in the market. The company focuses on genetically engineered salmon, which has garnered attention due to its potential to revolutionize the aquaculture industry. Recent developments and market dynamics surrounding AQB indicate a growing interest from investors, reflecting the company's strategic positioning within the sector. The stock's activity suggests fluctuations in investor sentiment and market performance, which could influence AquaBounty's future operations and growth prospects. Increased investor interest and stock activity may moderately influence AquaBounty's market performance and operational focus.

5 Aug

4 , 8:00 AM
AquaBounty Technologies, Inc. reported its financial results for the second quarter of 2025, highlighting significant revenue growth driven by increased sales of its genetically modified salmon. The company also noted advancements in production efficiency and ongoing regulatory approvals for its products. Despite challenges in the market, AquaBounty remains optimistic about future growth and expansion opportunities. The financial results reflect a positive trajectory, with management emphasizing their commitment to sustainable aquaculture practices. The reported revenue growth and advancements in production efficiency indicate a significant positive shift in the company's market position and future prospects.

15 May

4 Newsfile, 8:00 AM
AquaBounty Technologies announced first quarter 2024 financial results, reporting a significant net loss and the sale of its Indiana farm operation. The sale of the Indiana farm operation and the significant net loss are expected to have a major impact on AquaBounty's future financial performance and strategic direction.

3 , 10:57 AM
AquaBounty Technologies, Inc. reported its financial results for the first quarter of 2025, highlighting key metrics such as revenue growth and operational advancements. The company continues to focus on its genetically engineered salmon production, aiming to enhance sustainability and efficiency in aquaculture. Management expressed optimism about future market opportunities and ongoing projects, indicating a positive outlook for the company's growth trajectory. The financial results indicate moderate growth and operational advancements that may influence AquaBounty's market position.

3 Zacks, 10:20 AM
AquaBounty Technologies, Inc. (AQB) reported a Q1 loss of $1.53 per share, missing the Zacks Consensus Estimate of a loss of $1.42. Revenue for the quarter was $0.48 million, also below expectations. The company has surpassed consensus EPS estimates only once in the last four quarters and has a Zacks Rank #4 (Sell), indicating expected underperformance. Year-to-date, shares have declined by 28.5%, contrasting with the S&P 500's 10% gain. The current consensus EPS estimate for the next quarter is -$1.42, with revenues projected at $0.43 million. The Medical - Biomedical and Genetics industry ranks in the top 36% of Zacks industries, which may influence AQB's performance. The company's missed earnings and revenue estimates indicate a moderately noticeable influence on its financial performance.

27 Mar

4 , 8:01 AM
AquaBounty Technologies, Inc. (AQB) reported its full year 2024 financial results, highlighting significant growth in revenue driven by increased sales of its genetically modified salmon. The company also noted advancements in production efficiency and plans for future expansion. Despite challenges in the market, AquaBounty remains optimistic about its strategic initiatives and long-term prospects. The financial results indicate significant growth and strategic initiatives that could alter the company's trajectory and investor sentiment.

11 Dec

4 , 8:00 AM
AquaBounty Technologies, Inc. (AQB) announces plans to cease fish farming operations. Ceasing fish farming operations is a significant move that could alter the company's trajectory and investor sentiment.

5 Nov

4 Newsfile, 8:00 AM
AquaBounty Technologies announced their financial results for the third quarter of 2024, showing a significant decrease in net loss and cash reserves. The company sold their Indiana farm to address immediate cash requirements and decided to sell their Rollo Bay farm in Canada. Management is focusing on extending cash runway and exploring financing options. The article discusses major strategic moves such as farm sales and cost reduction efforts that could significantly impact AquaBounty's future financial performance and competitive positioning.

3 , 9:30 AM
AquaBounty Technologies, Inc. (AQB) reported a loss for Q3, falling short of revenue estimates. The company's financial performance continues to be challenged, impacting investor sentiment and raising concerns about its future growth prospects. The missed revenue estimates and reported losses indicate a moderately noticeable influence on financial performance and market perception.

3 Sep

4 Newsfile, 8:00 AM
AquaBounty Technologies is selling its Rollo Bay farm operation to strengthen its balance sheet and increase cash position. The sale of the Rollo Bay farm is a significant move that could impact AquaBounty's financial position and strategic direction.

7 Aug

3 Simply Wall St., 7:16 AM
AquaBounty Technologies reported second quarter 2024 earnings with revenues beating expectations but EPS falling short. Net loss widened significantly compared to the same period last year. The article highlights a significant impact on AquaBounty Technologies' financial performance, with revenue exceeding expectations but EPS missing estimates.

7 Jun

4 Newsfile, 8:00 AM
David F. Melbourne Jr. promoted to CEO of AquaBounty; Sylvia Wulf remains as Board Chair. The promotion of a new CEO and strategic initiatives to secure financing and pursue growth plans are significant for AquaBounty's future.

1 Apr

4 Newsfile, 8:00 AM
AquaBounty Technologies announced financial results for Q4 and full year 2023, showing an increase in product revenue but a significant rise in net loss. Construction activities at Ohio farm site paused due to cost increase. Company exploring financing options and decided to sell Indiana farm site. Financial results showing significant increase in net loss and decision to sell farm site indicate potential significant impact on AquaBounty's future and market performance.

14 Feb

4 Newsfile, 8:00 AM
AquaBounty Technologies sells Indiana farm to strengthen balance sheet and increase cash position. Sale of Indiana farm and exploration of financing alternatives expected to significantly impact company's future trajectory and financial performance.

31 Jan

4 Insider Monkey, 3:11 PM
Global caviar market expected to grow, Aquabounty Technologies, Inc. (AQB) mentioned as a key player. Aquabounty Technologies, Inc. (AQB) is highlighted for its focus on aquaculture and genetic modification, with potential impact on caviar industry.

7 Nov

4 GuruFocus.com, 9:05 AM
AquaBounty Technologies Inc (NASDAQ:AQB) reported decline in market prices for Atlantic salmon impacting Q3 results, despite exceeding planned output at Indiana farm. Company evaluating cost estimate for completion of Ohio farm construction. Significant impact likely on future and performance due to increased project cost for Ohio farm construction and international expansion efforts.

4 Newsfile, 8:00 AM
AquaBounty Technologies announced third quarter 2023 financial results, showing an increase in product revenue but a net loss. They are working on completing construction of Ohio farm and exploring financing options. The article discusses significant financial results, construction cost updates, and financing plans that could have a major impact on AquaBounty's future trajectory.

13 Oct

3 Newsfile, 8:00 AM
AquaBounty Technologies, Inc. announces a 1-for-20 reverse stock split to comply with Nasdaq Capital Market requirements. The reverse stock split may have a moderately noticeable influence on the company's financial performance and market sentiment.

14 Aug

4 Newsfile, 8:00 AM
AquaBounty Technologies promotes David F. Melbourne Jr. to President. The promotion of a new President is a significant strategic move that could impact the company's trajectory and performance.

1 Aug

3 Newsfile, 8:00 AM
AquaBounty Technologies reported a decrease in product revenue and a net loss in the second quarter of 2023. The company paused construction of a farm in Ohio due to cost issues. The financial results and construction pause may moderately impact AquaBounty's future operations and market performance.

2 Jun

4 GlobeNewswire, 8:00 AM
AquaBounty pauses Ohio farm construction due to cost increase, evaluates alternatives. Significant impact likely on future and performance due to potential changes in construction plans and financing.

31 May

3 , 9:15 AM
Multiple insiders at AquaBounty Technologies, Inc. acquired stock over the last 12 months, with no selling reported. Insiders buying shares may have a moderately noticeable influence on the company's future performance.

4 May

3 Newsfile, 8:00 AM
AquaBounty Technologies reported a decrease in product revenue and a net loss for the first quarter of 2023. Construction of a new farm in Ohio is progressing. The financial results and progress on the new farm could moderately influence AquaBounty's future performance.

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