Aether Holdings, Inc.

ATHR Technology Software Application

Aether Holdings, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $1.4 million, down 4.11% from fiscal 2024.

Revenue
−4.00%
EPS
−37.5%
Free cash flow
+28.2%

Quarter to June 2026, against a year earlier

2.36 0.05 −2.07%
Market cap
$29.5M
P/E
0.0×
Fwd P/E
−5.9×
Dividend yield
—
F-score
4/9
Altman Z
74.31
Beneish M
n/a
Dividend safety
n/a

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 65.33%

Capital & Financial Ratios $m

Size
Market Cap 29.49
Revenue ttm 1.35
Net income ttm (5.09)
Free cash flow ttm (6.50)
Net debt Q 0.39
Valuation
P/E 0.00
Forward P/E (5.90) (negative: loss-making)
Price / sales 21.30 (above 10: high)
Forward P/S Powerpack
Price / FCF 0.00
Price / book 28.41 (above 6: high)
Financial health
Current ratio Q 3.37 (at or above 1.5: strong)
Debt / equity Q 2.78 (above 2: weak)
Interest coverage Q —
Growth
Revenue growth Q −4.00% (below 0%: shrinking)
Operating income growth Q −22.78% (below 0%: shrinking)
EPS, this year −37.93% (below 0%: weak)
EPS, next year A +25.00% (at or above 15%: strong)
Revenue, next year A −0.07% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

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

Compound Annual Growth %

10y 5y 3y
Sales — — (3.89%)
Cash Flow — — —
Earnings — — 0.00%
Book Value — — 0.00%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Dec Mar Jun Sep Year
’26 (0.11) (0.08) (0.11) — —
’25 (0.03) (0.04) (0.08) (0.13) (0.29)
’24 (0.01) (0.02) (0.03) (0.04) (0.10)
Fiscal quarters ending in the months shown.

Revenue $m

Dec Mar Jun Sep Year
’26 0 0 0 — —
’25 0 0 0 0 1
’24 0 0 0 0 1
’23 — — — — 2
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Dec Mar Jun Sep Year
’26 (1) (1) (1) — —
’25 0 0 (2) (2) (4)
’24 0 0 0 (1) (1)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Dec Mar Jun Sep Year
’26 (3) (1) (1) — —
’25 0 0 (2) (2) (4)
’24 0 0 0 (1) (1)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to September

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 — — — — — — 2 2 1 1 1 (3.9%) 1 3 — +34.6%
Gross margin, % — — — — — — 73.66 73.66 69.06 70.79 79.29 (2.9) pt
EBT — — — — — — 0 0 (1) (3) (5) +119.7%
EBT margin, % — — — — — — (19.01) (19.01) (65.23) (227.10) (380.85) (208.1) pt
Net income — — — — — — 0 0 (1) (3) (5) n/m
Per share, $
Per share, $ Revenue — — — — — — 0.00 0.20 0.15 0.13 0.11 n/m
Earnings — — — — — — — (0.04) (0.10) (0.29) (0.43) +176.6%
Cash flow — — — — — — — 0.03 (0.07) (0.32) (0.39) n/m
Capex — — — — — — — 0.00 0.00 (0.01) (0.15) n/m
Free cash flow — — — — — — — 0.03 (0.07) (0.34) (0.54) n/m
Book value — — — — — — 0.00 (0.08) 0.01 0.41 0.08 n/m
Shares, m — — — — — — — 8 10 11 12 +17.9%
Valuation, ×
Valuation, × P/E — — — — — — 0.00 0.00 0.00 0.00 0.00 0.0
P/S — — — — — — 41.02 41.02 41.02 48.00 21.30 42.8
P/B — — — — — — 0.00 0.00 0.00 14.67 28.41 3.7
EV/Sales — — — — — — 40.90 40.90 40.90 44.81 21.61 41.9
EV/FCF — — — — — — (54.37) (54.37) (54.37) (17.32) (4.47) (45.1)
Cash, $m
Cash, $m Operating cash flow — — — — — — — 0 (1) (4) (5) n/m
Capex — — — — — — — — — 0 (2) —
Free cash flow — — — — — — — 0 (1) (4) (7) n/m
Balance, $m
Balance, $m Working capital — — — — — — (1) (1) 0 4 2 n/m
Net debt — — — — — — 0 0 (1) (4) 0 +255.8%
Shareholders’ equity — — — — — — (1) (1) 0 5 1 n/m
Returns, %
Returns, % ROA — — — — — — 0.00 (238.52) (224.82) (109.16) (91.93) (109.2) pt
ROIC — — — — — — 0.00 0.00 0.00 (2,055.30) (232.03) (2,055.3) pt
ROE — — — — — — 0.00 30.98 337.31 (135.60) (147.62) (135.6) pt
People
People Employees — — — — — — — — 12 7 — (41.7%)
Revenue/emp, $m — — — — — — 0.00 0.00 0.12 0.20 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Sep 2025 · latest quarter Jun 2026

Aether Holdings, 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
PHUN Phunware $35.8M — (loss-making) — (loss-making) +75.60% (above 0%: growing) n/m −65.76% (below 0%: shrinking) 68.96% (757.07%) Compare
FTFT Future FinTech Group Inc. $32.8M — (loss-making) — (loss-making) −43.92% (below 0%: shrinking) n/m −253.72% (below 0%: shrinking) 58.13% (570.43%) Compare
CRGO Freightos Limited $31.2M — (loss-making) — (loss-making) +3.40% (above 0%: growing) n/m +46.39% (above 0%: growing) 67.56% (46.11%) Compare
VTSI VirTra, Inc. $30.6M — (loss-making) — (loss-making) −17.42% (below 0%: shrinking) n/m −210.75% (below 0%: shrinking) 59.27% (3.25%) Compare
ATHR Aether Holdings, Inc. $29.5M — (loss-making) — (loss-making) −4.00% (below 0%: shrinking) n/m +28.15% (above 0%: growing) 80.38% (393.58%)
BZAI Blaize Holdings, Inc. $28.9M — (loss-making) — +504.69% (above 0%: growing) n/m −77.46% (below 0%: shrinking) 7.66% (255.35%) Compare
CREX Creative Realities, Inc. $27.5M — (loss-making) — (loss-making) +65.04% (above 0%: growing) n/m −97.75% (below 0%: shrinking) 38.58% (12.76%) Compare
JG Aurora Mobile Limited Sponsored ADR $23.1M 31.1× 3.4× +18.93% (above 0%: growing) n/m −140.52% (below 0%: shrinking) 68.35% 1.61% Compare
HOLO MicroCloud Hologram Inc. $22.9M — (loss-making) — −41.61% (below 0%: shrinking) n/m +320.35% (above 0%: growing) 49.85% 0.00% Compare
Median of peers $29.7M — — +11.17% — −87.60% 58.70% (29.43%)

All 230 Software Application stocks →

Aether Holdings, Inc. (ATHR) Latest News

18 Feb

Impact 3 · · GlobeNewswire

9 Feb

Impact 4 · · GlobeNewswireBeInCryptoSimply Wall St.CoinspeakerCoinspeakerBeInCryptoSimply Wall St.BeInCrypto

30 Oct

Impact 4 · · GlobeNewswireSouth China Morning PostTheStreetCoinDesk

28 May

Impact 4 · · GlobeNewswire
stockrow.com/ATHR · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com