SenesTech Reports Loss of $1.32 EPS, Misses Expectations by $0.51 and Revenue of $0.23M
May 12, 2023
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SENESTECH ($NASDAQ:SNES): SenesTech, Inc. is a biotechnology company that specializes in developing non-lethal methods of controlling the reproduction of pests. Likewise, its revenue of $0.23M was well below the forecasted figure of $0.32M. This weak performance has caused widespread disappointment among investors, as the stock has plummeted in response. The company had previously issued guidance for the quarter, but this was not met.
This has caused some analysts to question whether SenesTech’s strategies for growth are sound and whether the company is adequately equipped to handle the challenges it currently faces. In light of these results, investors are likely to remain cautious until more positive news is released from the company.
Stock Price
On Thursday, SENESTECH stock opened at $1.4 and closed at $1.4, up by 3.6% from prior closing price of $1.4. This was despite the fact that the company reported a loss for the quarter and missed expectations. Investors appeared to be optimistic about the company’s prospects in light of this news. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Senestech. More…
| Total Revenues | Net Income | Net Margin |
| 1.02 | -9.7 | -951.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Senestech. More…
| Operations | Investing | Financing |
| -8.58 | -0.17 | 4.2 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Senestech. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.78 | 1.5 | 6.52 |
Key Ratios Snapshot
Some of the financial key ratios for Senestech are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 92.4% | – | -951.2% |
| FCF Margin | ROE | ROA |
| -858.8% | -145.3% | -89.3% |
Analysis
GoodWhale has conducted an analysis on SENESTECH‘s fundamentals, and based on the Star Chart, we classify it as a ‘cheetah’ company. These are companies that have achieved high revenue or earnings growth, but are considered less stable due to lower profitability and health scores. In this particular case, SENESTECH had a health score of 3/10 which suggests that it is less likely to safely ride out any crisis without the risk of bankruptcy. Additionally, SENESTECH was strong in assets and growth, but weak in dividend and profitability. This can be appealing to a certain type of investor who is seeking rapid growth and a higher risk-reward ratio. Others may be more interested in a more stable company with a higher health score and consistent dividend payments. Ultimately, whether an investor is interested in SENESTECH will depend on their individual risk appetite. It is important to remember that investing carries inherent risks and it is up to the investor to make an informed decision regarding whether they believe the potential rewards outweigh the associated risks. More…
Peers
The competition between SenesTech Inc and its competitors in the market is fierce. Calix Ltd, Flame Seal Products Inc, and Lightwave Logic Inc are all vying for a share of the market, pushing each other to innovate and offer the best products and services to their customers. With all these players in the market, it is clear that the competition is only getting more intense.
– Calix Ltd ($ASX:CXL)
Calix Ltd is a technology company that provides broadband access and cloud services solutions for communications service providers and their customers. The company has a market capitalization of 840.24M as of 2023, which puts it in the mid-cap range. Its Return on Equity (ROE) is -14.4%, indicating that it has not been able to generate income from its equity. Despite this, Calix Ltd is a leader in the industry, offering solutions that are helping to revolutionize how people access and use the internet.
– Flame Seal Products Inc ($OTCPK:FLMP)
Lightwave Logic Inc is an advanced photonic technology company that specializes in the development of next-generation electro-optic devices. As of 2023, the company has a market cap of 528.74M, indicating that it has a significant presence in the industry. Its Return on Equity (ROE) of -38.02% reflects the company’s performance over the past year and indicates that it has not been able to generate a positive return on its equity investments. As such, Lightwave Logic Inc is in need of a significant turnaround if it hopes to remain competitive in the industry.
Summary
SenesTech Inc. (SNT) is a chemical technology company specializing in fertility and population control solutions for animal health. Despite the miss on earnings and revenue, the stock price moved up the same day. Analysts believe that investors are focusing on SenesTech’s long-term prospects, as the company’s products are viewed as innovative and differentiating solutions in the animal health space.
Furthermore, the company has a potential to generate significant revenue in the future due to its patented technology and a positive addressable market outlook. Therefore, investors may be optimistic about SNT’s long term prospects and view the current stock price as a buying opportunity.
