Echo IQ (EIQ) Stock Overview

Provides artificial intelligence (AI) diagnostics tool that enhance the diagnosis of structural heart disease in Australia and the United Kingdom. More details

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

Rewards

Earnings are forecast to grow 51.35% per year

Risk Analysis

Makes less than USD$1m in revenue (A$130K)

Does not have a meaningful market cap (A$152M)

Shareholders have been diluted in the past year

EIQ Community Fair Values

Create Narrative

See what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.

Echo IQ Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Echo IQ
Historical stock prices
Current Share Price	AU$0.23
52 Week High	AU$0.37
52 Week Low	AU$0.14
Beta	0.089
1 Month Change	4.44%
3 Month Change	-17.54%
1 Year Change	51.61%
3 Year Change	80.77%
5 Year Change	658.06%
Change since IPO	-74.18%

Recent updates

We're Not Very Worried About Echo IQ's (ASX:EIQ) Cash Burn Rate

Mar 02

Here's Why We're Watching Echo IQ's (ASX:EIQ) Cash Burn Situation

Feb 13

Is Echo IQ (ASX:EIQ) In A Good Position To Deliver On Growth Plans?

Oct 07

Here's Why We're Watching Echo IQ's (ASX:EIQ) Cash Burn Situation

Jun 21

We Think Houston We Have (ASX:HWH) Can Easily Afford To Drive Business Growth

May 07

Shareholder Returns

	EIQ	AU Software	AU Market
7D	-7.8%	1.1%	0.6%
1Y	51.6%	32.5%	8.4%

Return vs Industry: EIQ exceeded the Australian Software industry which returned 32.5% over the past year.

Return vs Market: EIQ exceeded the Australian Market which returned 8.4% over the past year.

Price Volatility

Is EIQ's price volatile compared to industry and market?
EIQ volatility
EIQ Average Weekly Movement	12.2%
Software Industry Average Movement	9.0%
Market Average Movement	9.2%
10% most volatile stocks in AU Market	18.3%
10% least volatile stocks in AU Market	3.4%

Stable Share Price: EIQ has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: EIQ's weekly volatility (12%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Dustin Haines	www.echoiq.ai

Echo IQ Limited provides artificial intelligence (AI) diagnostics tool that enhance the diagnosis of structural heart disease in Australia and the United Kingdom. It operates through Houston We Have Software and Echo IQ segments. The company offers EchoSolv, an AI software for identification of aortic stenosis heart condition to physicians and healthcare facilities.

Echo IQ Limited Fundamentals Summary

How do Echo IQ's earnings and revenue compare to its market cap?
EIQ fundamental statistics
Market cap	AU$158.07m
Earnings (TTM)	-AU$8.87m
Revenue (TTM)	AU$129.91k

1,167x

P/S Ratio

-17.1x

P/E Ratio

Is EIQ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EIQ income statement (TTM)
Revenue	AU$129.91k
Cost of Revenue	AU$2.88m
Gross Profit	-AU$2.75m
Other Expenses	AU$6.12m
Earnings	-AU$8.87m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.014
Gross Margin	-2,114.60%
Net Profit Margin	-6,825.46%
Debt/Equity Ratio	0%

How did EIQ perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/07/09 16:29
End of Day Share Price	2025/07/09 00:00
Earnings	2024/12/31
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Echo IQ Limited is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Rahul Tiwari	EastCoast Research
Thomas Godfrey	Ord Minnett Limited

Echo IQ (EIQ) Stock Overview

Rewards

Risk Analysis

Echo IQ Limited Competitors

Yojee

DigitalX

BrainChip Holdings

Acusensus

Price History & Performance

Recent News & Updates

New minor risk - Shareholder dilution

New minor risk - Share price stability

New minor risk - Market cap size

Forecast breakeven date pushed back to 2027

Echo IQ Limited has completed a Follow-on Equity Offering in the amount of AUD 17.3 million.

Echo IQ Provides Update on the Company's Pre-Submission Meeting with the United States Food and Drug Administration Regarding Its Heart Failure Clinical Decision Support Solution

Recent updates

New minor risk - Shareholder dilution

New minor risk - Share price stability

New minor risk - Market cap size

Forecast breakeven date pushed back to 2027

Echo IQ Limited has completed a Follow-on Equity Offering in the amount of AUD 17.3 million.

Echo IQ Provides Update on the Company's Pre-Submission Meeting with the United States Food and Drug Administration Regarding Its Heart Failure Clinical Decision Support Solution

We're Not Very Worried About Echo IQ's (ASX:EIQ) Cash Burn Rate

New major risk - Financial position

Less than half of directors are independent

Echo IQ Limited Appoints Ken Nelson A Non-Executive Director

Echo IQ Limited Announces CEO Changes, Effective 10 January 2025

Full year 2024 earnings released: AU$0.011 loss per share (vs AU$0.018 loss in FY 2023)

Echo IQ Limited, Annual General Meeting, Nov 12, 2024

Full year 2024 earnings released: AU$0.012 loss per share (vs AU$0.018 loss in FY 2023)

New major risk - Share price stability

New minor risk - Share price stability

Here's Why We're Watching Echo IQ's (ASX:EIQ) Cash Burn Situation

Echo IQ Limited Announces the Resignation of Shannon Robinson from the Role of Joint Company Secretary

Is Echo IQ (ASX:EIQ) In A Good Position To Deliver On Growth Plans?

Echo IQ Limited, Annual General Meeting, Nov 21, 2023

Full year 2023 earnings released: AU$0.018 loss per share (vs AU$0.017 loss in FY 2022)

Full year 2023 earnings released: AU$0.018 loss per share (vs AU$0.017 loss in FY 2022)

New minor risk - Financial data availability

Independent Non-Executive Director exercised options to buy AU$714k worth of stock.

Here's Why We're Watching Echo IQ's (ASX:EIQ) Cash Burn Situation

Echo IQ Announces the Appointment of Simon Tolhurst as A Non-Executive Director

First half 2023 earnings released: AU$0.01 loss per share (vs AU$0.009 loss in 1H 2022)

Echo Iq Limited Announces Positive Interim Results from Clinical Trial At St Vincent's

Echo IQ Launches EchoSolv for Immediate Distribution

Echo IQ Limited Announces Positive Results from US Clinical Study

Less than half of directors are independent

Echo IQ Limited Appoints Adam Uren as Joint Company Secretary

Echo IQ Limited, Annual General Meeting, Nov 28, 2022

Full year 2022 earnings released: AU$0.017 loss per share (vs AU$0.012 loss in FY 2021)

Echo IQ Appoints Donald Fowler as President, Echo IQ USA

Full year 2022 earnings released: AU$0.016 loss per share (vs AU$0.011 loss in FY 2021)

Interim MD & Executive Chairman exercised options to buy AU$600k worth of stock.

Paul and David Smulders completed the acquisition of Prometheus Information Pty Limited from Echo IQ Limited (ASX:EIQ).

Independent Non-Executive Director exercised options to buy AU$500k worth of stock.

Less than half of directors are independent

Full year 2021 earnings released: AU$0.011 loss per share (vs AU$0.012 loss in FY 2020)

Independent Non-Executive Director recently bought AU$200k worth of stock

Full year 2021 earnings released: AU$0.01 loss per share (vs AU$0.012 loss in FY 2020)

Houston We Have Limited (ASX:HWH) completed the acquisition of Alerte Echo IQ Pty Ltd.

We Think Houston We Have (ASX:HWH) Can Easily Afford To Drive Business Growth

Houston We Have and Wipro Form a Strategic Alliance

Houston We Have Limited Update Shareholders on A New Client Engagement in the United Kingdom

Houston We Have Limited Announces Executives Changes

Full year earnings released - AU$0.012 loss per share

Houston We Have Limited Announces Resignation of Antanas Guoga as Non-Executive Director

Shareholder Returns

Price Volatility

About the Company

Echo IQ Limited Fundamentals Summary

Earnings & Revenue

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources