BRN Stock Overview
BrainChip Holdings Ltd develops software and hardware accelerated solutions for artificial intelligence (AI) and machine learning applications in North America, Oceania, Europe, the Middle East, and Asia.
BrainChip Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.84|
|52 Week High||AU$2.34|
|52 Week Low||AU$0.36|
|1 Month Change||-3.98%|
|3 Month Change||5.63%|
|1 Year Change||116.67%|
|3 Year Change||1,777.78%|
|5 Year Change||397.06%|
|Change since IPO||267.39%|
Recent News & Updates
We're Hopeful That BrainChip Holdings (ASX:BRN) Will Use Its Cash Wisely
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
|BRN||AU Software||AU Market|
Return vs Industry: BRN exceeded the Australian Software industry which returned -24.3% over the past year.
Return vs Market: BRN exceeded the Australian Market which returned -10.6% over the past year.
|BRN Average Weekly Movement||11.4%|
|Software Industry Average Movement||10.9%|
|Market Average Movement||9.6%|
|10% most volatile stocks in AU Market||16.7%|
|10% least volatile stocks in AU Market||4.3%|
Stable Share Price: BRN is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: BRN's weekly volatility (11%) has been stable over the past year.
About the Company
BrainChip Holdings Ltd develops software and hardware accelerated solutions for artificial intelligence (AI) and machine learning applications in North America, Oceania, Europe, the Middle East, and Asia. The company offers Akida Neuromorphic Processor to provide ultra-low power and fast AI Edge Network for vision, audio, olfactory, and smart transducer applications; and Akida Development Environment, a machine learning framework for creating, training, and testing neural networks, as well as supporting the development of systems for edge AI on its Akida event domain neural processor. The company also provides Akida Neuromorphic System-on-Chip, an integrated solution for Edge AI device and systems.
BrainChip Holdings Fundamentals Summary
|BRN fundamental statistics|
Is BRN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BRN income statement (TTM)|
|Cost of Revenue||US$544.78k|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.012|
|Net Profit Margin||-352.77%|
How did BRN perform over the long term?See historical performance and comparison
Is BRN undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for BRN?
Other financial metrics that can be useful for relative valuation.
|What is BRN's n/a Ratio?|
Price to Book Ratio vs Peers
How does BRN's PB Ratio compare to its peers?
|BRN PB Ratio vs Peers|
|Company||PB||Estimated Growth||Market Cap|
BRN BrainChip Holdings
Price-To-Book vs Peers: BRN is expensive based on its Price-To-Book Ratio (30x) compared to the peer average (8.9x).
Price to Earnings Ratio vs Industry
How does BRN's PE Ratio compare vs other companies in the AU Software Industry?
Price-To-Book vs Industry: BRN is expensive based on its Price-To-Book Ratio (30x) compared to the Australian Software industry average (2.9x)
Price to Book Ratio vs Fair Ratio
What is BRN's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PB Ratio||30x|
|Fair PB Ratio||n/a|
Price-To-Book vs Fair Ratio: Insufficient data to calculate BRN's Price-To-Book Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of BRN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate BRN's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate BRN's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is BrainChip Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Software industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as BrainChip Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
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- Examine BrainChip Holdings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- BrainChip Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
How has BrainChip Holdings performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BRN is currently unprofitable.
Growing Profit Margin: BRN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BRN is unprofitable, and losses have increased over the past 5 years at a rate of 14.9% per year.
Accelerating Growth: Unable to compare BRN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BRN is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (-10.7%).
Return on Equity
High ROE: BRN has a negative Return on Equity (-63.8%), as it is currently unprofitable.
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How is BrainChip Holdings's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: BRN's short term assets ($32.5M) exceed its short term liabilities ($2.4M).
Long Term Liabilities: BRN's short term assets ($32.5M) exceed its long term liabilities ($1.8M).
Debt to Equity History and Analysis
Debt Level: BRN is debt free.
Reducing Debt: BRN had no debt 5 years ago.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: BRN has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BRN has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 20.4% each year.
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What is BrainChip Holdings's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
|BrainChip Holdings Dividend Yield vs Market|
|Company (BrainChip Holdings)||n/a|
|Market Bottom 25% (AU)||2.8%|
|Market Top 25% (AU)||7.2%|
|Industry Average (Software)||1.0%|
|Analyst forecast in 3 Years (BrainChip Holdings)||n/a|
Notable Dividend: Unable to evaluate BRN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BRN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BRN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BRN's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as BRN has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Sean Hehir serves as Chief Executive Officer and Managing Director at BrainChip Holdings Ltd since November 14, 2021. He is Executive Director of BrainChip Holdings Ltd since November 29, 2021. Mr. Heh...
CEO Compensation Analysis
|Sean Hehir's Compensation vs BrainChip Holdings Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||US$470k||US$42k|
Compensation vs Market: Sean's total compensation ($USD470.47K) is below average for companies of similar size in the Australian market ($USD1.09M).
Compensation vs Earnings: Insufficient data to compare Sean's compensation with company performance.
Experienced Management: BRN's management team is considered experienced (3.5 years average tenure).
Experienced Board: BRN's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BRN insiders have only sold shares in the past 3 months.
Recent Insider Transactions
|01 Sep 22||SellAU$210,450||Antonio Viana||Individual||230,000||AU$0.92|
|08 Jun 22||SellAU$3,637,307||Peter Van der Made||Individual||3,500,000||AU$1.04|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
BrainChip Holdings Ltd's employee growth, exchange listings and data sources
- Name: BrainChip Holdings Ltd
- Ticker: BRN
- Exchange: ASX
- Founded: 2011
- Industry: Application Software
- Sector: Software
- Implied Market Cap: AU$1.530b
- Shares outstanding: 1.72b
- Website: https://brainchipinc.com
Number of Employees
- BrainChip Holdings Ltd
- 225 George Street
- Level 12
- New South Wales
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BRN||ASX (Australian Securities Exchange)||Yes||Common Stock||AU||AUD||May 2015|
|BRN||CHIA (Chi-X Australia)||Yes||Common Stock||AU||AUD||May 2015|
|BRCH.F||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||May 2015|
|24Y||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||May 2015|
|BCHP.Y||OTCPK (Pink Sheets LLC)||SPONSORED ADR||US||USD||Nov 2021|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/28 00:00|
|End of Day Share Price||2022/09/28 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.