Change Agents Corporation

CHGA Real Estate Real Estate Services

Change Agents Corporation’s revenue for fiscal 2024 (year ended December 2024) was $1.3 million, up 6.19% from fiscal 2023. In the quarter to June 2026, revenue grew 1.42%, EPS grew 97.8%, free cash flow grew 35.5% and total debt fell 85.9%, each against the same quarter a year earlier. Revenue growth for three consecutive years, operating cash flow growth for three.

1.57 0.14 −8.19%
Market cap
$1.9M
P/E
0.1×
Fwd P/E
−4.1×
Dividend yield
—
F-score
6/9
Altman Z
n/a
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 2.48%

Capital & Financial Ratios $m

Market Cap 1.91
Revenue 1.40
Net Income (8.52)
Free Cash Flow (5.40)
Net Debt (0.23)
Current Ratio 0.11
Debt/Equity 0.00
P/E ratio 0.06
Fwd P/E (4.06) (negative: loss-making)
P/S ratio 0.89
P/B ratio 0.00
Past 5Y EPS Growth —
This Y EPS Growth —
Next Y EPS Growth —
Next Y revenue growth (13.73%) (below 0%: weak)
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 0.04%
10-year low 10-year high
EV/Sales against its own 10 years 0.86%
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 0 3 1 0
Receivables 0 0 — —
Inventory — — — —
Other — — — —
1 3 1 0
2023 2024 2025 Q'26
Payables — — — —
ST’ Debt 2 5 4 —
Other 0 0 0 0
7 14 14 5

Compound Annual Growth %

10y 5y 3y
Sales — (2.92%) (1.40%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 0.00% 17.52% (6.13%)

Revenue $m

Mar Jun Sep Dec Year
’26 0 0 0 — —
’24 0 0 0 0 1
’23 0 0 0 0 1
’22 0 0 0 0 1
’21 0 0 0 0 1
’20 0 0 0 0 1
’19 0 0 0 0 2
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (3) (1) — — —
’25 (2) (1) (2) 0 (5)
’24 (1) (1) (2) (1) (5)
’23 (2) (3) (1) (1) (7)
’22 (1) (2) (2) (2) (7)
’21 (2) (1) (1) (2) (5)
’20 (2) (2) (2) (1) (8)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (3) (1) — — —
’25 (2) (1) (2) 0 (5)
’24 (1) (1) (2) (1) (5)
’23 (2) (3) (1) (1) (7)
’22 (1) (2) (2) (2) (7)
’21 (2) (1) (1) (2) (5)
’20 (2) (2) (2) (1) (8)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (10.00) (2.80) — — —
’25 (28.60) (124.40) (1.20) 42.54 (112.80)
’24 (35.98) (56.97) (36.40) (38.23) (168.77)
’23 (83.96) (74.96) (41.98) (269.86) (476.76)
’22 (59.97) (59.97) (179.91) (77.65) (383.49)
’21 (89.96) (89.96) (59.97) (89.96) (329.84)
’20 (119.94) (119.94) (119.94) (119.94) (479.76)
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 97.50 76.50 147.59 4,200.00 1,500.00 2,370.00 900.00 117.00 42.20 17.56

Analyst estimates 2026–2028

Powerpack
High 450.00 750.00 9,900.00 40,500.00 6,582.00 4,950.00 2,820.00 1,815.00 432.00 233.20
People
People Employees 3 13 10 8 8 6 6 5 5 2
Revenue/emp, $m 0.21 0.08 0.16 0.19 0.17 0.23 0.20 0.25 0.27 0.00
Income, $m
Income, $m Revenue 1 1 2 2 1 1 1 1 1 —
Gross margin, % 88.16 23.00 24.84 21.98 28.32 29.80 22.68 18.97 20.08 —
EBT 0 (4) (8) (18) (13) (9) (12) (17) (7) (18)
EBT margin, % 12.57 (375.80) (515.41) (1,168.61) (920.26) (653.52) (992.42) (1,330.49) (527.94) 0.00
Net income 0 (4) (8) (18) (13) (9) (12) (17) (7) (18)
Depreciation 0 0 1 1 0 0 4 1 1 1
Per share, $
Per share, $ Revenue 36.05 49.66 65.10 61.61 51.99 49.15 38.66 35.77 28.49 0.00
Earnings 2.84 (149.93) (329.84) (719.64) (479.76) (329.84) (378.94) (476.76) (157.40) (112.80)
Cash flow 0.82 (61.74) (183.17) (282.07) (284.76) (177.54) (226.28) (185.32) (99.75) (28.54)
Capex (0.02) (42.85) (21.03) (15.69) (4.20) (0.98) (0.05) (0.63) 0.00 0.00
Free cash flow 0.80 (104.59) (204.20) (297.76) (288.95) (178.53) (226.33) (185.95) (99.75) (28.54)
Book value 207.38 336.81 468.92 177.89 155.35 108.99 358.81 209.94 151.77 57.51
Shares, m 0 0 0 0 0 0 0 0 0 0
Valuation, ×
Valuation, × P/E 115.07 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 —
P/S 0.00 7.55 126.74 93.99 64.62 50.05 43.46 3.94 2.29 —
P/B 1.81 1.11 17.59 32.55 21.63 22.57 24.20 0.00 0.00 —
EV/Sales 0.00 6.63 125.90 95.60 66.75 51.83 45.61 10.77 5.57 —
EV/FCF 258.82 (5.13) (40.13) (19.78) (11.55) (13.96) (7.79) (2.07) (1.58) —
Cash, $m
Cash, $m Operating cash flow 0 (1) (4) (7) (8) (5) (7) (7) (5) (5)
Capex 0 (1) (1) 0 0 0 0 0 — —
Free cash flow 0 (2) (5) (7) (8) (5) (7) (7) (5) (5)
Balance, $m
Balance, $m Working capital 4 (2) 2 (1) (1) (3) (1) (6) (11) (13)
Total debt 0 2 1 3 4 3 5 9 5 4
Net debt (3) (1) (1) 3 3 2 3 9 3 3
Shareholders’ equity 4 7 11 4 4 3 11 7 7 9
Returns, %
Returns, % ROA 2.91 (42.31) (59.65) (151.30) (121.59) (88.22) (79.55) (82.84) (38.03) (81.55)
ROIC 6.35 (38.37) (47.98) (173.80) (110.30) (99.15) (39.99) (61.77) (31.30) (38.67)
ROE 3.15 (63.83) (83.76) (229.91) (295.49) (252.47) (455.09) 319.07 54.45 104.28
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2024 · latest quarter Sep 2025

Charts ten years each

Change Agents Corporation vs peers in Real Estate Services (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
OPAD Offerpad Solutions Inc. $13.1M — (loss-making) — (loss-making) −51.56% (below 0%: shrinking) n/m −90.90% (below 0%: shrinking) 9.17% (10.61%) Compare
GYRO Gyrodyne , LLC $10.1M — (loss-making) — −90.33% (below 0%: shrinking) n/m +6.58% (above 0%: growing) 0.00% 0.00% Compare
FTHM Fathom Holdings Inc. $6.7M — (loss-making) — (loss-making) −5.61% (below 0%: shrinking) n/m +27.57% (above 0%: growing) 8.73% (3.79%) Compare
AIRE reAlpha Tech Corp. $6.3M — (loss-making) — (loss-making) −11.35% (below 0%: shrinking) n/m −0.80% (below 0%: shrinking) 66.01% (260.75%) Compare
OMH Ohmyhome Limited $5.8M — — — — +88.25% (above 0%: growing) — — Compare
GBR New Concept Energy, Inc $3.6M — (loss-making) — (loss-making) +2.50% (above 0%: growing) n/m −160.87% (below 0%: shrinking) 100.00% (246.34%) Compare
CHGA Change Agents Corporation $1.9M 0.1× — (loss-making) +1.42% (above 0%: growing) n/m +35.51% (above 0%: growing) 33.05% 0.00%
UK Ucommune International Ltd. $1.3M — (loss-making) — −5.32% (below 0%: shrinking) n/m +81.88% (above 0%: growing) (0.66%) 0.00% Compare
LRHC La Rosa Holdings Corp. $510.0K — (loss-making) — −25.60% (below 0%: shrinking) n/m −120.92% (below 0%: shrinking) 11.50% (11.09%) Compare
Median of peers $6.0M — — −11.35% — +2.89% 9.17% (10.61%)

All 46 Real Estate Services stocks →

Change Agents Corporation (CHGA) key facts

  • Strength: Change Agents Corporation’s revenue for fiscal 2024 (year ended December 2024) was $1.3 million, up 6.19% from fiscal 2023.
  • Change Agents Corporation (CHGA) is a Real Estate Services company in the Real Estate sector, listed on Nasdaq.
  • As of October 16, 2026, CHGA traded at $1.57, a market capitalization of $1.9 million.
  • Return on equity was 104.3% and debt-to-equity 0.00.
  • Its Piotroski F-score is 6 out of 9 for fiscal 2024.

Source: company filings (standardised) and stockrow calculations.

Change Agents Corporation (CHGA) Latest News

stockrow.com/CHGA · Data as of Sep 30, 2025 · For information only; not investment advice. · © 2026 stockrow.com