Archer Materials (ASX:AXE) - Stock Price, News & Analysis

AXE Stock Overview

AXE fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Risk Analysis

Earnings have declined by 38.8% per year over past 5 years

Does not have a meaningful market cap (A$113M)

Does not have meaningful revenue (A$2M)

Volatile share price over the past 3 months

Archer Materials Limited Competitors

4DS Memory

ASX:4DS

AU$162.2m

Weebit Nano

ASX:WBT

AU$562.1m

BluGlass

ASX:BLG

AU$65.8m

Solex Energy

NSEI:SOLEX

₹9.0b

Price History & Performance

Summary of all time highs, changes and price drops for Archer Materials
Historical stock prices
Current Share Price	AU$0.45
52 Week High	AU$0.72
52 Week Low	AU$0.30
Beta	1.28
1 Month Change	-17.59%
3 Month Change	41.27%
1 Year Change	9.88%
3 Year Change	-49.14%
5 Year Change	485.53%
Change since IPO	169.70%

We're Not Worried About Archer Materials' (ASX:AXE) Cash Burn

Jan 02

Here's Why We're Not At All Concerned With Archer Materials' (ASX:AXE) Cash Burn Situation

Oct 02

Recent updates

We're Not Worried About Archer Materials' (ASX:AXE) Cash Burn

Jan 02

Here's Why We're Not At All Concerned With Archer Materials' (ASX:AXE) Cash Burn Situation

Oct 02

Archer Materials (ASX:AXE) Is In A Good Position To Deliver On Growth Plans

Dec 18

A Look At Archer Materials' (ASX:AXE) CEO Remuneration

Jan 09

Shareholder Returns

	AXE	AU Semiconductor	AU Market
7D	-6.3%	-1.8%	0.4%
1Y	9.9%	-26.8%	6.0%

Return vs Industry: AXE exceeded the Australian Semiconductor industry which returned -27.3% over the past year.

Return vs Market: AXE exceeded the Australian Market which returned 5.7% over the past year.

Price Volatility

Is AXE's price volatile compared to industry and market?
AXE volatility
AXE Average Weekly Movement	16.2%
Semiconductor Industry Average Movement	7.4%
Market Average Movement	8.9%
10% most volatile stocks in AU Market	17.6%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: AXE's share price has been volatile over the past 3 months.

Volatility Over Time: AXE's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
2007	n/a	Mohammad Choucair	archerx.com.au

Archer Materials Limited, a technology company, engages in development and commercialization of semiconductor devices, and processor chips related to quantum computing and medical diagnostics in Australia. It primarily focuses on the development of qubit processor chip, that operates at room temperature and integrate into modern electronics; and graphene-based lab-on-a-chip biochip technology. The company was formerly known as Archer Exploration Limited and changed its name to Archer Materials Limited in October 2019.

Archer Materials Limited Fundamentals Summary

How do Archer Materials's earnings and revenue compare to its market cap?
AXE fundamental statistics
Market cap	AU$113.41m
Earnings (TTM)	-AU$8.28m
Revenue (TTM)	AU$1.79m

63.5x

P/S Ratio

-13.7x

P/E Ratio

Is AXE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AXE income statement (TTM)
Revenue	AU$1.79m
Cost of Revenue	AU$0
Gross Profit	AU$1.79m
Other Expenses	AU$10.07m
Earnings	-AU$8.28m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.033
Gross Margin	100.00%
Net Profit Margin	-464.10%
Debt/Equity Ratio	0%

How did AXE perform over the long term?

See historical performance and comparison

AXE Stock Overview

Rewards

Risk Analysis

Archer Materials Limited Competitors

ASX:4DS

AU$162.2m

ASX:WBT

AU$562.1m

ASX:BLG

AU$65.8m

NSEI:SOLEX

₹9.0b

Price History & Performance

Recent News & Updates

New major risk - Share price stability

Archer Materials Limited Designs Miniaturised Version of Biochip Biochip Graphene Field Effect Transistor Chip

We're Not Worried About Archer Materials' (ASX:AXE) Cash Burn

Archer Materials Limited Demonstrates Multiplexing Readout for its Advanced Biochip Graphene Field Effect Transistor Device

Archer Materials Limited, Annual General Meeting, Nov 29, 2023

Here's Why We're Not At All Concerned With Archer Materials' (ASX:AXE) Cash Burn Situation

Recent updates

New major risk - Share price stability

Archer Materials Limited Designs Miniaturised Version of Biochip Biochip Graphene Field Effect Transistor Chip

We're Not Worried About Archer Materials' (ASX:AXE) Cash Burn

Archer Materials Limited Demonstrates Multiplexing Readout for its Advanced Biochip Graphene Field Effect Transistor Device

Archer Materials Limited, Annual General Meeting, Nov 29, 2023

Here's Why We're Not At All Concerned With Archer Materials' (ASX:AXE) Cash Burn Situation

New major risk - Revenue size

Archer Materials Limited Further Enhances Biochip gFET Design for Advanced Sensing and Send to Commercial Foundry Partner

Archer Materials Limited Transfers Biochip Graphene Sensor Technology Design to A Commercial Fab to Verify Scalability

Executive Chairman of the Board exercised options and sold AU$384k worth of stock

Archer Materials (ASX:AXE) Is In A Good Position To Deliver On Growth Plans

Archer Materials Limited Implements an Early-Stage Prototype of an Integrated Biochip Platform

Executive Chairman of the Board exercised options to buy AU$315k worth of stock.

Wettable Graphene Transistor Built for Biochip Integration

Archer Materials Limited, Annual General Meeting, Nov 23, 2022

Archer Materials Limited Uses Complementary MetalOxideSemiconductor Chip Technology to Detect Quantum Information in 12CQ Qubit Material at Room Temperature

Archer Materials Limited Announces On-Chip Electronic Transport in Qubit Components Achieved

Archer Materials Provides Shareholders with A Technical Progress Update on Archer's 12CQ

Archer Materials Limited Announces Fabrication of Nanodevices Towards Qubit Readout

Archer Materials Limited Announces Fabrication of Nanodevices Towards Qubit Readout

Archer Materials Limited Announces Biochip Progresses Towards Sub-10 Nanometer Fabrication

Archer Materials Limited Provides Update on Archer's 12CQ Quantum Computing Chip Technology

Independent Non-Executive Director Alice McCleary has left the company

Full year 2021 earnings released: AU$0.009 loss per share (vs AU$0.014 loss in FY 2020)

Independent Non-Executive Director exercised options to buy AU$901k worth of stock.

Archer Expands Access to Institutional Deep Tech Infrastructure

First half 2021 earnings released: AU$0.028 loss per share (vs AU$0.009 loss in 1H 2020)

Archer Materials Limited Achieves Electronic Transport in Single Qubit at Room Temperature, as Part of its 12CQ Quantum Computing Qubit Processor Chip Technology Development

New 90-day high: AU$1.20

Archer Materials Limited Announces the Granting of A Japanese Patent Associated to Archer's CQ Quantum Computing Chip Technology

New 90-day high: AU$0.76

A Look At Archer Materials' (ASX:AXE) CEO Remuneration

Baudin Minerals Pty Ltd signed an agreement to acquire Exploration Licenses EL 5815 and EL 5920 in Australia from Archer Materials Limited (ASX:AXE) for AUD 3.9 million.

Archer Materials Limited Announces the Resignation of Paul Rix as Non-Executive Director, Effective from 30 October 2020

Archer Materials Limited Provides Patent Applications Progress Update

Independent Non-Executive Director recently sold AU$53k worth of stock

Archer Materials Limited Appoints Ken Williams as an Independent Non-Executive Director and as A Member of the Archer Board’S Audit and Risk Management Committee

Full year earnings released - AU$0.014 loss per share

New 90-day high - AU$0.65

Australian Consolidated Venture Capital Pty Ltd completed the acquisition of Leigh Creek Magnesite Pty Ltd and CH Magnesite Pty Ltd from Archer Exploration Limited (ASX:AXE) for AUD 3 million.

Shareholder Returns

Price Volatility

About the Company

Archer Materials Limited Fundamentals Summary

63.5x

-13.7x

Earnings & Revenue