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. In the quarter to June 2026, revenue fell 4.00%, EPS fell 37.5% and free cash flow grew 28.2%, each against the same quarter a year earlier.

2.64 0.06 −2.22%
Market cap
$33.0M
P/E
0.0×
Fwd P/E
−7.4×
Dividend yield
—
F-score
4/9
Altman Z
74.31
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 65.33%

Capital & Financial Ratios $m

Market Cap 33.04
Revenue 1.35
Net Income (5.09)
Free Cash Flow (6.50)
Net Debt 0.39
Current Ratio 3.37 (at or above 1.5: strong)
Debt/Equity 2.78 (above 2: weak)
P/E ratio 0.00
Fwd P/E (7.40) (negative: loss-making)
P/S ratio 23.83 (above 10: high)
P/B ratio 31.78 (above 6: high)
Past 5Y EPS Growth —
This Y EPS Growth (37.93%) (below 0%: weak)
Next Y EPS Growth 47.50% (at or above 15%: strong)
Next Y revenue growth (1.37%) (below 0%: weak)
Next 5Y EPS Growth —

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

Valuation vs history

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

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%

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.

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.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to September

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — — — — — — 4.51

Analyst estimates 2026–2028

Powerpack
High — — — — — — — — — 19.69
People
People Employees — — — — — — — — 12 7
Revenue/emp, $m — — — — — — 0.00 0.00 0.12 0.20
Income, $m
Income, $m Revenue — — — — — — 2 2 1 1
Gross margin, % — — — — — — 73.66 73.66 69.06 70.79
EBT — — — — — — 0 0 (1) (3)
EBT margin, % — — — — — — (19.01) (19.01) (65.23) (227.10)
Net income — — — — — — 0 0 (1) (3)
Depreciation — — — — — — — 0 0 0
Per share, $
Per share, $ Revenue — — — — — — 0.00 0.20 0.15 0.13
Earnings — — — — — — — (0.04) (0.10) (0.29)
Cash flow — — — — — — — 0.03 (0.07) (0.32)
Capex — — — — — — — 0.00 0.00 (0.01)
Free cash flow — — — — — — — 0.03 (0.07) (0.34)
Book value — — — — — — 0.00 (0.08) 0.01 0.41
Shares, m — — — — — — — 8 10 11
Valuation, ×
Valuation, × P/E — — — — — — 0.00 0.00 0.00 0.00
P/S — — — — — — 41.02 41.02 41.02 48.00
P/B — — — — — — 0.00 0.00 0.00 14.67
EV/Sales — — — — — — 40.90 40.90 40.90 44.81
EV/FCF — — — — — — (54.37) (54.37) (54.37) (17.32)
Cash, $m
Cash, $m Operating cash flow — — — — — — — 0 (1) (4)
Capex — — — — — — — — — 0
Free cash flow — — — — — — — 0 (1) (4)
Balance, $m
Balance, $m Working capital — — — — — — (1) (1) 0 4
Total debt — — — — — — — — — —
Net debt — — — — — — 0 0 (1) (4)
Shareholders’ equity — — — — — — (1) (1) 0 5
Returns, %
Returns, % ROA — — — — — — 0.00 (238.52) (224.82) (109.16)
ROIC — — — — — — 0.00 0.00 0.00 (2,055.30)
ROE — — — — — — 0.00 30.98 337.31 (135.60)
Negative figures in brackets.

All 10 years →

Fiscal years to Sep 2025 · latest quarter Jun 2026

Charts ten years each

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 $42.6M — (loss-making) — (loss-making) +75.60% (above 0%: growing) n/m −65.76% (below 0%: shrinking) 68.96% (757.07%) Compare
BZAI Blaize Holdings, Inc. $39.8M — (loss-making) — +504.69% (above 0%: growing) n/m −77.46% (below 0%: shrinking) 7.66% (255.35%) Compare
JG Aurora Mobile Limited Sponsored ADR $36.7M 51.4× 3.4× +18.93% (above 0%: growing) n/m −140.52% (below 0%: shrinking) 68.35% 1.61% Compare
ATHR Aether Holdings, Inc. $33.0M — (loss-making) — (loss-making) −4.00% (below 0%: shrinking) n/m +28.15% (above 0%: growing) 80.38% (393.58%)
VTSI VirTra, Inc. $30.7M — (loss-making) — (loss-making) −17.42% (below 0%: shrinking) n/m −210.75% (below 0%: shrinking) 59.27% (3.25%) Compare
CREX Creative Realities, Inc. $29.2M — (loss-making) — (loss-making) +65.04% (above 0%: growing) n/m −97.75% (below 0%: shrinking) 38.58% (12.76%) Compare
BMR Beamr Imaging Ltd. $28.3M — — — — −284.51% (below 0%: shrinking) 94.76% 0.00% Compare
NXPL NextPlat Corp. $26.3M — (loss-making) — −10.26% (below 0%: shrinking) n/m +217.81% (above 0%: growing) 39.51% (1.07%) Compare
ZENVF Zenvia Inc. $24.7M — (loss-making) 43.9× +13.85% (above 0%: growing) n/m −2,043.65% (below 0%: shrinking) 19.73% (3.59%) Compare
Median of peers $29.9M — — +18.93% — −119.13% 49.39% (3.42%)

All 237 Software Application stocks →

Aether Holdings, Inc. (ATHR) key facts

  • Concern: Aether Holdings, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $1.4 million, down 4.11% from fiscal 2024.
  • Aether Holdings, Inc. (ATHR) is a Software Application company in the Technology sector, listed on Nasdaq.
  • As of October 16, 2026, ATHR traded at $2.64, a market capitalization of $33.0 million.
  • Return on equity was −135.6% and debt-to-equity 2.78.
  • Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 74.31 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Aether Holdings, Inc. (ATHR) Latest News

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