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General information

Country: UNITED STATES

Sector: Aerospace and Defense

Astrotech Corp. engages in the provision of science and technology development and commercialization businesses. The company is headquartered in Austin, Texas and currently employs 42 full-time employees. The firm invents, acquires and commercializes technological innovations sourced from internal research, universities, laboratories and research institutions. The firm operates through two business units: Astro Scientific and Astral Images Corporation (Astral). The Astro Scientific is a technology incubator that commercializes technologies, and includes the operations of subsidiaries, such as 1st Detect Corporation (1st Detect) and Astrogenetix, Inc. (Astrogenetix). Astral segment provides film digitization, image correction and enhancement technology. The company offers systems containing off-the-shelf hardware with integrated Astral software, software products and scanning or enhancement services. The Astral segment offers products, including Astral Black ICE, Astral Color ICE and Astral HDR ICE. The firm`s product portfolio also consists of MMS-1000 and OEM-1000.
Website: astrotechcorp.com



Growth: Bad revenue growth rate 0.0%, there is slowdown compared to average historical growth rates 16.7%. The revenue growth dynamics is unstable

Profitability: LTM EBITDA margin is negative, -900.0%. Gross margin is low, +15.8%.

Cash Flow Generation: Dividend yield for the last twelve months 0.0%. Free cash flow yield 111.7% (LTM)

Undervaluation: Fundamental value created in LTM (estimate)


Entry Point: Share price is 33.8% higher than minimum and 76.5% lower than maximum for the last 3 years

AI Insight: the companies with similar growth trajectories, EBITDA margin, industries and geography on average are valued -41.7x by EV / Sales multiple

Insiders: For the last 3 months insiders bought company shares on $0.0 mln (0.274% of cap.)

Key Financials (Download financials)

Ticker: ASTC
Share price, USD:  (-0.1%)9.53
year average price 9.72  


year start price 10.90 2023-04-21

max close price 14.85 2023-06-29

min close price 7.12 2024-01-23

current price 9.53 2024-04-19
Common stocks: 1 690 500

Dividend Yield:  0.0%
Last revenue growth (y/y):  0.0%
Last growth of EBITDA (y/y):  ---
Historical revenue growth:  16.7%
Historical growth of EBITDA:  ---
EV / Sales: -32.9x
Margin (EBITDA LTM / Revenue): -900.0%
Fundamental value created in LTM:
Market Cap ($m): 16
Net Debt ($m): -49
EV (Enterprise Value): -33
Price to Book: 0.4x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / Sales

Potential dynamics

More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol ASTC ASTC ASTC ASTC ASTC ASTC
reportedCurrency USD USD USD USD USD USD
cik 1M 1M 1M 1M 1M 1M
fillingDate 2024-02-13 2023-11-13 2023-09-28 2023-05-12 2023-02-13 2022-11-14
acceptedDate 2024-02-13 16:31:48 2023-11-13 16:42:42 2023-09-28 17:29:12 2023-05-12 16:30:27 2023-02-13 16:36:05 2022-11-14 10:13:43
calendarYear 2024.000 2024.000 2023.000 2023.000 2023.000 2023.000
period Q2 Q1 Q4 Q3 Q2 Q1
revenue 1M 425 000 414 000 35 000 263 000 38 000
costOfRevenue 619 000 242 000 233 000 24 000 155 000 32 000
grossProfit 496 000 183 000 181 000 11 000 108 000 6000.000
grossProfitRatio 0.445 0.431 0.437 0.314 0.411 0.158
researchAndDevelopmentExpenses 2M 2M 2M 1M 1M 1M
generalAndAdministrativeExpenses 0 0 0 0 0 0
sellingAndMarketingExpenses 0 0 0 0 0 0
sellingGeneralAndAdministrativeExpenses 2M 2M 1M 1M 2M 2M
otherExpenses 427 000 423 000 412 000 375 000 396 000 0
operatingExpenses 4M 4M 3M 3M 3M 3M
costAndExpenses 4M 4M 3M 3M 3M 3M
interestIncome 0 0 0 0 0 0
interestExpense 0 0 939 000 -109 000 -506 000 -324 000
depreciationAndAmortization 188 000 185 000 181 000 109 000 110 000 0
ebitda -3M -3M -3M -3M -3M -3M
ebitdaratio -2.583 -7.847 -6.162 -78.571 -10.700 -72.763
operatingIncome -3M -3M -3M -3M -3M -3M
operatingIncomeRatio -2.752 -7.847 -6.599 -78.571 -10.700 -72.763
totalOtherIncomeExpensesNet 427 000 423 000 412 000 375 000 396 000 235 000
incomeBeforeTax -3M -3M -2M -2M -2M -3M
incomeBeforeTaxRatio -2.369 -6.852 -5.604 -67.857 -9.194 -66.579
incomeTaxExpense 0 -185 000 1M -375 000 -506 000 -324 000
netIncome -3M -3M -2M -2M -2M -2M
netIncomeRatio -2.369 -6.852 -5.604 -57.143 -7.270 -58.053
eps -1.620 -1.790 -1.420 -1.240 -1.190 -1.370
epsdiluted -1.620 -1.790 -1.420 -1.240 -1.190 -1.370
weightedAverageShsOut 2M 2M 2M 2M 2M 2M
weightedAverageShsOutDil 2M 2M 2M 2M 2M 2M
link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link

Balance Sheet Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol ASTC ASTC ASTC ASTC ASTC ASTC
reportedCurrency USD USD USD USD USD USD
cik 1M 1M 1M 1M 1M 1M
fillingDate 2024-02-13 2023-11-13 2023-09-28 2023-05-12 2023-02-13 2022-11-14
acceptedDate 2024-02-13 16:31:48 2023-11-13 16:42:42 2023-09-28 17:29:12 2023-05-12 16:30:27 2023-02-13 16:36:05 2022-11-14 10:13:43
calendarYear 2024.000 2024.000 2023.000 2023.000 2023.000 2023.000
period Q2 Q1 Q4 Q3 Q2 Q1
cashAndCashEquivalents 11M 13M 14M 14M 16M 18M
shortTermInvestments 26M 26M 28M 30M 31M 31M
cashAndShortTermInvestments 37M 39M 42M 44M 47M 49M
netReceivables 294 000 391 000 226 000 74 000 116 000 38 000
inventory 2M 2M 2M 2M 1M 1M
otherCurrentAssets 426 000 296 000 365 000 929 000 979 000 901 000
totalCurrentAssets 40M 42M 45M 47M 49M 51M
propertyPlantEquipmentNet 3M 3M 3M 2M 2M 1M
goodwill 0 0 0 0 0 0
intangibleAssets 0 0 0 0 0 0
goodwillAndIntangibleAssets 0 0 0 0 0 0
longTermInvestments 0 0 0 0 0 0
taxAssets 0 0 0 0 0 0
otherNonCurrentAssets 30 000 31 000 30 000 30 000 11 000 11 000
totalNonCurrentAssets 3M 3M 3M 2M 2M 2M
otherAssets 0 0 0 0 0 0
totalAssets 43M 45M 48M 49M 51M 53M
accountPayables 567 000 646 000 546 000 274 000 301 000 287 000
shortTermDebt 309 000 312 000 316 000 295 000 291 000 239 000
taxPayables 0 0 0 0 1000.000 1000.000
deferredRevenue 0 0 0 0 0 0
otherCurrentLiabilities 1M 1M 2M 2M 2M 1M
totalCurrentLiabilities 2M 2M 3M 2M 2M 2M
longTermDebt 152 000 228 000 291 000 281 000 356 000 241 000
deferredRevenueNonCurrent 0 0 0 0 0 0
deferredTaxLiabilitiesNonCurrent 0 0 0 0 0 0
otherNonCurrentLiabilities 90 999 39 000 0 0 0 -285 000
totalNonCurrentLiabilities 242 999 267 000 291 000 281 000 356 000 241 000
otherLiabilities 1.000 0 0 0 0 0
capitalLeaseObligations 152 000 540 000 607 000 576 000 647 000 480 000
totalLiabilities 3M 3M 3M 3M 3M 2M
preferredStock 0 0 0 0 0 0
commonStock 191M 191M 191M 191M 191M 191M
retainedEarnings -231M -228M -225M -223M -221M -218M
accumulatedOtherComprehensiveIncomeLoss -1M -2M -1M -1M -2M -2M
othertotalStockholdersEquity 82M 81M 81M 81M 80M 80M
totalStockholdersEquity 40M 42M 45M 47M 49M 51M
totalEquity 40M 42M 45M 47M 49M 51M
totalLiabilitiesAndStockholdersEquity 43M 45M 48M 49M 51M 53M
minorityInterest 0 0 0 0 0 0
totalLiabilitiesAndTotalEquity 43M 45M 48M 49M 51M 53M
totalInvestments 26M 26M 28M 30M 31M 31M
totalDebt 461 000 540 000 607 000 576 000 647 000 480 000
netDebt -11M -13M -14M -14M -15M -18M
link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link

Cash Flow Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol ASTC ASTC ASTC ASTC ASTC ASTC
reportedCurrency USD USD USD USD USD USD
cik 1M 1M 1M 1M 1M 1M
fillingDate 2024-02-13 2023-11-13 2023-09-28 2023-05-12 2023-02-13 2022-11-14
acceptedDate 2024-02-13 16:31:48 2023-11-13 16:42:42 2023-09-28 17:29:12 2023-05-12 16:30:27 2023-02-13 16:36:05 2022-11-14 10:13:43
calendarYear 2024.000 2024.000 2023.000 2023.000 2023.000 2023.000
period Q2 Q1 Q4 Q3 Q2 Q1
netIncome -3M -3M -2M -2M -2M -3M
depreciationAndAmortization 188 000 185 000 181 000 109 000 110 000 89 000
deferredIncomeTax -707 000 261 000 0 0 0 0
stockBasedCompensation 473 000 364 000 351 000 356 000 404 000 387 000
changeInWorkingCapital 176 000 -691 000 463 000 -175 000 89 000 -387 000
accountsReceivables 96 000 -166 000 -151 000 38 000 -74 000 18 000
inventory 126 000 -195 000 -238 000 -260 000 -31 000 52 000
accountsPayables -80 000 100 000 272 000 -27 000 14 000 118 000
otherWorkingCapital 34 000 -430 000 580 000 74 000 180 000 -575 000
otherNonCashItems 711 000 -257 000 40 000 0 0 0
netCashProvidedByOperatingActivities -2M -3M -1M -2M -2M -2M
investmentsInPropertyPlantAndEquipment -153 000 -24 000 -525 000 -687 000 -286 000 -346 000
acquisitionsNet 0 0 -2M 0 0 0
purchasesOfInvestments 0 0 -40 000 0 -245 000 -5M
salesMaturitiesOfInvestments 4000.000 2M 2M 0 0 0
otherInvestingActivites 0 0 2M 1M 0 0
netCashUsedForInvestingActivites -149 000 2M 1M 738 000 -531 000 -5M
debtRepayment -45 000 -45 000 -42 000 -38 000 -39 000 -538 000
commonStockIssued 0 0 0 0 0 0
commonStockRepurchased 0 0 -50 000 0 0 0
dividendsPaid 0 0 0 0 0 0
otherFinancingActivites 0 0 0 -69 000 0 0
netCashUsedProvidedByFinancingActivities -45 000 -45 000 -92 000 -107 000 -39 000 -538 000
effectOfForexChangesOnCash 0 0 0 0 0 0
netChangeInCash -2M -1M -227 000 -1M -2M -8M
cashAtEndOfPeriod 11M 13M 14M 14M 16M 18M
cashAtBeginningOfPeriod 13M 14M 14M 16M 18M 26M
operatingCashFlow -2M -3M -1M -2M -2M -2M
capitalExpenditure -153 000 -24 000 -525 000 -687 000 -286 000 -346 000
freeCashFlow -2M -3M -2M -3M -2M -3M
link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link

Earning call transcript

Press-releases

Show financial reports only

2024-04-02 13:00 ET
Astrotech to Showcase the Tracer 1000 Trace Detector at ISC West Conference
2024-03-25 13:00 ET
Astrotech Introduces the “Gold Standard” of Mass Spectrometry into Narcotics Detection Market with its State-of-the-Art Tracer 1000
2024-02-12 21:35 ET
Astrotech Reports Second Quarter Of Fiscal Year 2024 Financial Results
2024-01-17 13:30 ET
IBN Coverage Initiated for Astrotech Corp.
2023-12-12 14:00 ET
Astrotech Announces Exciting New Technology Application and Introduces New Subsidiary
2023-11-28 02:04 ET
Astrotech Presents the First Process Control System for Cannabinoid Oil Distillation Systems
2023-11-13 21:30 ET
Astrotech Reports First Quarter of Fiscal Year 2024 Financial Results
2023-11-13 14:00 ET
1ST DETECT SECURES SIGNIFICANT PURCHASE ORDER FOR ADDITIONAL CHECKPOINT SECURITY UNITS
2023-09-28 13:28 ET
Astrotech Reports Fiscal Year 2023 Financial Results
2023-06-30 20:41 ET
ASTROTECH BOARD UNANIMOUSLY REJECTS UNSOLICITED ACQUISITION PROPOSAL FROM BML INVESTMENT PARTNERS, L.P.
2023-06-27 21:34 ET
ASTROTECH CONFIRMS RECEIPT OF UNSOLICTED NON-BINDING ACQUISITION PROPOSAL
2023-05-11 12:00 ET
Astrotech Reports Third Quarter of Fiscal Year 2023 Financial Results
2023-05-09 12:00 ET
ASTROTECH ANNOUNCES CONFIRMED AGLAB, INC. FIELD TRIAL RESULTS
2023-05-08 12:00 ET
1ST DETECT SECURES SIGNIFICANT PURCHASE ORDER FOR CHECKPOINT SECURITY
2023-02-13 13:00 ET
Astrotech Reports Second Quarter of Fiscal Year 2023 Financial Results
2023-02-06 13:00 ET
Astrotech Appoints Thomas B. Pickens III as Chief Technology Officer
2023-02-01 13:00 ET
ASTROTECH APPOINTS BOB MCFARLAND TO BOARD OF DIRECTORS
2022-12-21 21:30 ET
ASTROTECH ADOPTS LIMITED-DURATION STOCKHOLDER RIGHTS PLAN
2022-12-21 17:00 ET
ASTROTECH REGAINS COMPLIANCE WITH NASDAQ LISTING REQUIREMENTS
2022-11-23 13:00 ET
ASTROTECH ANNOUNCES REVERSE STOCK SPLIT
2022-11-22 17:00 ET
ASTROTECH CORPORATION Announces Advancement in Detection of Lung Infections 
2022-11-14 13:00 ET
ASTROTECH LAUNCHES THE AgLAB-1000-D2 MAXIMUM VALUE PROCESSING CONTROL SYSTEM
2022-11-10 13:00 ET
Astrotech Reports First Quarter of Fiscal Year 2023 Financial Results
2022-09-14 13:00 ET
Astrotech Reports Fiscal Year 2022 Financial Results
2022-08-24 13:00 ET
Astrotech Announces Date for Fiscal Year 2022 Annual Meeting and Deadlines for Stockholder Proposals
2022-06-23 21:00 ET
Astrotech Appoints Jim Becker to Board of Directors
2022-06-23 12:00 ET
Astrotech Subsidiary and Cleveland Clinic Expand Breath Analysis Study to Detect Multiple Diseases
2022-05-12 11:00 ET
Astrotech Reports Third Quarter of Fiscal Year 2022 Financial Results
2022-02-11 13:00 ET
Astrotech Reports Second Quarter of Fiscal Year 2022 Financial Results
2022-02-02 12:00 ET
Astrotech Subsidiary BreathTech Hires Dr. Karim Sirgi as Its Chief Science Officer
2022-01-06 21:30 ET
Astrotech Announces Date for Fiscal Year 2021 Annual Meeting and Deadlines for Stockholder Proposals
2021-11-17 11:00 ET
Astrotech Begins Search for Strategic Acquisitions
2021-11-12 15:48 ET
Astrotech Reports First Quarter of Fiscal Year 2022 Financial Results
2021-09-20 12:30 ET
Astrotech Reports Fiscal Year 2021 Financial Results
2021-08-25 11:00 ET
1st Detect Lands First Purchase Order for Checkpoint Security
2021-08-03 10:00 ET
Astrotech Hires Industry Veteran Joe Levinthal to Lead AgLAB’s Science Team
2021-05-13 20:15 ET
Astrotech Reports Third Quarter of Fiscal Year 2021 Financial Results
2021-04-12 21:07 ET
Astrotech Announces Closing of $37.3 Million Bought Deal Offering of Common Stock and Full Exercise of Option to Purchase Additional Shares
2021-04-08 02:32 ET
Astrotech Increases Previously Announced Bought Deal Offering of Common Stock to $32.5 Million
2021-04-07 20:45 ET
Astrotech Announces $10 Million Bought Deal Offering of Common Stock
2021-04-07 12:00 ET
Astrotech Subsidiary and Cleveland Clinic Sign Agreement for Breath Analysis Study to Develop a Rapid COVID-19 Breath Test
2021-03-30 20:00 ET
Astrotech Engages Sanmina to Scale Manufacturing
2021-02-16 20:17 ET
Astrotech Reports Second Quarter of Fiscal Year 2021 Financial Results
2021-02-16 19:02 ET
Astrotech Announces Closing of Approximately $9.25 Million Registered Direct Offering Priced At-the-Market
2021-02-11 18:07 ET
Astrotech Announces $9.25 Million Registered Direct Offering Priced At-the-Market
2020-12-21 12:00 ET
Astrotech’s Subsidiary 1st Detect Wins Gold at ‘ASTORS’ Homeland Security Awards as Best CBRNE Detection System
2020-11-12 14:15 ET
Astrotech Reports First Quarter of Fiscal Year 2021 Financial Results
2020-10-29 12:00 ET
Astrotech Announces $6.2 Million Registered Direct Offering Priced At-the-Market
2020-10-28 11:00 ET
Astrotech’s Subsidiary 1st Detect Surpasses $1 Million in Purchase Orders
2020-10-23 17:53 ET
Astrotech Announces Closing of $18.0 Million Upsized Public Offering
2020-10-21 17:15 ET
Astrotech Announces Pricing of $18.0 Million Upsized Public Offering
2020-10-20 20:00 ET
Astrotech Subsidiary and Cleveland Clinic Partner to Develop a Rapid COVID-19 Breath Test
2020-09-09 11:00 ET
1st Detect’s Tracer 1000™ Achieves Milestone in TSA Air Cargo Screening Qualification Test
2020-09-08 10:00 ET
Astrotech Reports Fiscal Year 2020 Financial Results
2020-05-13 16:20 ET
Astrotech Reports Third Quarter of Fiscal Year 2020 Financial Results
2020-03-27 15:15 ET
Astrotech Announces $3.27 Million Registered Direct Offering Priced At-the-Market
2020-03-27 12:00 ET
Astrotech’s BreathTest-1000 Confirmed to Detect Lung Disease Metabolites at Parts Per Billion
2020-03-25 16:27 ET
Astrotech Announces $1.77 Million Registered Direct Offering Priced At-the-Market
2020-03-25 12:00 ET
Astrotech Developing Screening Instrument for Lung Diseases Including COVID-19/Coronavirus & Pneumonia
2020-02-13 20:26 ET
Astrotech Reports Second Quarter of Fiscal Year 2020 Financial Results
2019-11-22 12:00 ET
1st Detect Sells TRACER 1000™ Explosives Trace Detectors to Global Shipping and Logistics Company
2019-11-14 12:00 ET
1st Detect’s Tracer 1000™ Deployed in Live Screening at Miami International Airport
2019-11-13 11:00 ET
Astrotech Reports First Quarter of Fiscal Year 2020 Financial Results
2019-09-28 00:53 ET
Astrotech Reports Fiscal Year 2019 Financial Results
2019-09-20 10:00 ET
Astrotech Launches a New Subsidiary and a New Line of Products

SEC forms

Show financial reports only

SEC form 10
2024-02-13 00:00 ET
Astrotech Corporation reported for 2023 q4
SEC form 8
2024-02-12 00:00 ET
Astrotech Corporation published news for 2023 q4
SEC form 8
2024-02-12 00:00 ET
Astrotech Corporation reported for 2023 q4
SEC form 8
2023-11-13 00:00 ET
Astrotech Corporation reported for 2023 q3
SEC form 10
2023-11-13 00:00 ET
Astrotech Corporation reported for 2023 q3
SEC form 10
2023-09-28 17:29 ET
Astrotech Corporation reported for 2023 q2
SEC form 8
2023-09-28 15:25 ET
Astrotech Corporation reported for 2023 q2
SEC form 10
2023-09-28 00:00 ET
Astrotech Corporation reported for 2023 q2
SEC form 6
2023-08-07 16:34 ET
Astrotech Corporation published news for 2023 q2
SEC form 6
2023-08-01 17:13 ET
Astrotech Corporation published news for 2023 q2
SEC form 6
2023-06-30 16:50 ET
Astrotech Corporation published news for 2023 q1
SEC form 6
2023-06-27 17:29 ET
Astrotech Corporation published news for 2023 q1
SEC form 6
2023-06-27 16:23 ET
Astrotech Corporation published news for 2023 q1
SEC form 6
2023-06-16 16:49 ET
Astrotech Corporation published news for 2023 q1
SEC form 10
2023-05-12 00:00 ET
Astrotech Corporation reported for 2023 q1
SEC form 8
2023-05-11 00:00 ET
Astrotech Corporation reported for 2023 q1
SEC form 10
2023-02-13 00:00 ET
Astrotech Corporation reported for 2022 q4
SEC form 8
2023-02-13 00:00 ET
Astrotech Corporation reported for 2022 q4
SEC form 10
2022-11-14 00:00 ET
Astrotech Corporation reported for 2022 q3
SEC form 8
2022-11-10 00:00 ET
Astrotech Corporation reported for 2022 q3
SEC form 10
2022-09-15 00:00 ET
Astrotech Corporation reported for 2022 q2
SEC form 8
2022-09-14 00:00 ET
Astrotech Corporation reported for 2022 q2
SEC form 8
2022-05-13 00:00 ET
Astrotech Corporation reported for 2022 q1
SEC form 10
2022-05-13 00:00 ET
Astrotech Corporation reported for 2022 q1
SEC form 10
2022-02-14 00:00 ET
Astrotech Corporation published news for 2021 q4
SEC form 8
2022-02-11 00:00 ET
Astrotech Corporation published news for 2021 q4
SEC form 10
2021-11-12 00:00 ET
Astrotech Corporation published news for 2021 q3
SEC form 8
2021-11-12 00:00 ET
Astrotech Corporation published news for 2021 q3
SEC form 10
2021-09-21 00:00 ET
Astrotech Corporation published news for 2021 q2
SEC form 10
2021-05-14 00:00 ET
Astrotech Corporation published news for 2021 q1