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AIFC — Nasdaq Capital Markets

AI Financial Corp

$0,40
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Mcap
50,2M USD
P/E
—
EV / Rev
2,1x
Div yield
—
Op margin
-92,0 %
ROE
-38,7 %
Net margin
-1 386,9 %
Debt / equity
—
Beta
—
52w range
—
Volume
—
Day range
—
Prev close
$0,47
Open
—
Next earnings
2026-10-28
Ex-dividend
—
TR 1Y
—
About

AI Financial Corp is classified under Technology / Software and appears not currently profitable on the latest normalized snapshot.

Business. AI Financial Corp (AIFC) is a capital markets firm headquartered in the United States. The company operates within the financials sector, focusing on capital markets activities. It is publicly traded on the Nasdaq stock exchange under the ticker symbol AIFC. Specific details regarding operating segments and geographic revenue mix are not disclosed.

Classification85 %
SectorFinancials
Industry groupCapital Markets
Generated · rules-based
Sell-side consensus
—consensus pending
— buy— hold— sell
Avg 12m price target—
Upcoming events
  • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
See all catalysts →

At a glance

Score
—
not yet scored
Valuation
—
valuation pending
Analysts
—
not yet wired
Ownership→
UBS Financial Services, Inc.
largest disclosed fund holder
Profitability→
-38,7 %
return on equity
Quality
—
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

2
  • MARKETSUAE equities close higher as corporate earnings offset regional risks2026-07-31
  • MARKETSUAE markets rebound as E& surges on Vodafone stake sale2026-07-10

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials · THIS SECTOR−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to AIFC. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Company
    • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
    • Peers
    • EarningsQ2 2026 earnings (expected)2026-08-28 · estimated · Salesforce (CRM)
    • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated · ServiceNow (NOW)
    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    Briefing · model-assisted

    AI Financial Corp (AIFC) experienced a significant downward revision in its estimated market share, which dropped by approximately 99.6% from 0.000022% to 0.00000009%. This adjustment, sourced from the ha_light_thesis analysis, represents the most material change in the company's recent profile, alongside revisions to the AI analysis narrative, key takeaways, and overall conclusion. Despite these internal analytical shifts, the broader market context for AIFC remains static. The company currently has no analyst coverage, no index memberships, and no reported officers, suggesting a limited public profile or early-stage operational status. However, it maintains a base of 15 top holders, indicating some level of institutional or significant private interest. External sentiment and news flow have been virtually non-existent over the past month. Data from July 5 to July 25, 2026, shows zero daily dispatches for the majority of the period, with only a single dispatch recorded on July 10. This lack of external commentary aligns with the absence of analyst coverage and suggests that the recent changes in market share estimates are driven by internal model recalibrations rather than new public events. The significance of the market share revision lies in its magnitude, yet it is tempered by the lack of corroborating external signals. With no new events, analyst ratings, or index changes to validate the shift, the change appears to be a technical adjustment within the analytical framework rather than a reflection of a fundamental business transformation. Investors should view this data point as a model-specific update rather than a confirmed market reality.

    Signals & dispatch

    peak dispatch · 2026-07-10

    Composite-score breakdown

    Synthesis

    Business

    AI Financial Corp (AIFC) is a capital markets firm headquartered in the United States. The company operates within the financials sector, focusing on capital markets activities. It is publicly traded on the Nasdaq stock exchange under the ticker symbol AIFC. Specific details regarding operating segments and geographic revenue mix are not disclosed.

    Classification85 %
    SectorFinancials
    Industry groupCapital Markets
    AI synthesis
    GENERATED

    AI Financial Corp (AIFC) is currently classified as Application Software within Software (Technology). Classification confidence: 0.66 (rule-based classification). Capital structure on the latest snapshot: total assets 959,702,000 USD, total equity 889,742,000, short-term debt 0, long-term debt 0. Net cash position is approximately 15,522,000 USD. Self-calculated market cap is 66,985,737 USD (market_price × shares_outstanding_diluted). Profitability profile: revenue 4,712,000, gross profit 3,574,000, operating income -2,743,000, net income -271,493,000. Return on equity ~-38.7%. Return on assets ~-35.9%. Operating-cash-flow to net-income ratio is 0.02. Risk profile from automated assessment: liquidity risk high, dilution risk medium. Flags: Current liabilities exceed current assets.; Filings reference going-concern or substantial-doubt language.; Source documents mention dilution or offering risk.. Recent news context: [TRIGGER] ha_price_52w: ha_price_52w fired on AIFC — basis={'bars_asof': '2026-07-23', 'basis_date': '2026-07-23', 'quote_as_of': None, 'basis_source': 'broker_bars', 'staleness_days': 1}; source=ha_price_level; ticker=AIFC; metrics={'close': 0.46, 'volume': 1561728, 'bars_asof': '2026-07-23', 'bars_used': 256, 'direction': 'low', 'basis_date': '2026-07-23', 'basis_source': 'broker_bars', 'volume_ratio': 1.715, 'avg_volume_20': 910561.15, 'prior_52w_low': 0.4811, 'prior_52w_high': 9.65, 'staleness_days': 1, 'volume_confirmed': True}; summary=AIFC printed a new 52-week low on elevated volume (x1.715); detector=broker_read_plane; severity=medium; company_id=eb326eba-b2d8-4e9a-9ddc-ba3f8d45fb9a; transition={'to': 'low_break', 'from': 'inside'}; watcher_kind=ha_price_52w; event_context=AIFC printed a new 52-week low on elevated volume (x1.715); contributing_watchers=ha_price_52w (source=ha_price_level; url=plv:52w:low:2026-07-23). Additional context: ha_price_52w: basis={'bars_asof': '2026-07-23', 'basis_date': '2026-07-23', 'quote_as_of': None, 'basis_source': 'broker_bars', 'staleness_days': 1}; source=ha_price_level; ticker=AIFC; metrics={'close': 0.46, 'volume': 1561728, 'bars_asof': '2026-07-23', 'bars_used': 256, 'direction': 'low', 'basis_date': '2026-07-23', 'basis_source': 'broker_bars', 'volume_ratio': 1.715, 'avg_volume_20': 910561.15, 'prior_52w_low': 0.4811, 'prior_52w_high': 9.65, 'staleness_days': 1, 'volume_confirmed': True}; summary=AIFC printed a new 52-week low on elevated volume (x1.715); detector=broker_read_plane; severity=medium; company_id=eb326eba-b2d8-4e9a-9ddc-ba3f8d45fb9a; transition={'to': 'low_break', 'from': 'inside'}; watcher_kind=ha_price_52w; event_context=AIFC printed a new 52-week low on elevated volume (x1.715); contributing_watchers=ha_price_52w. Comparable peers identified within the same class: Microsoft, Salesforce, ServiceNow.

    AI Financial Corp (AIFC) experienced a significant downward revision in its estimated market share, which dropped by approximately 99.6% from 0.000022% to 0.00000009%. This adjustment, sourced from the ha_light_thesis analysis, represents the most material change in the company's recent profile, alongside revisions to the AI analysis narrative, key takeaways, and overall conclusion. Despite these internal analytical shifts, the broader market context for AIFC remains static. The company currently has no analyst coverage, no index memberships, and no reported officers, suggesting a limited public profile or early-stage operational status. However, it maintains a base of 15 top holders, indicating some level of institutional or significant private interest. External sentiment and news flow have been virtually non-existent over the past month. Data from July 5 to July 25, 2026, shows zero daily dispatches for the majority of the period, with only a single dispatch recorded on July 10. This lack of external commentary aligns with the absence of analyst coverage and suggests that the recent changes in market share estimates are driven by internal model recalibrations rather than new public events. The significance of the market share revision lies in its magnitude, yet it is tempered by the lack of corroborating external signals. With no new events, analyst ratings, or index changes to validate the shift, the change appears to be a technical adjustment within the analytical framework rather than a reflection of a fundamental business transformation. Investors should view this data point as a model-specific update rather than a confirmed market reality.

    Key takeaways
    • Return on equity is about -38.7%.
    • Debt to equity is about 0.0x.
    • [TRIGGER] ha_price_52w: ha_price_52w fired on AIFC — basis={'bars_asof': '2026-07-23', 'basis_date': '2026-07-23', 'quote_as_of': None, 'basis_source': 'broker_bars', 'staleness_days': 1}; source=ha_price_level; ticker=AIFC; metrics={'close': 0.46, 'volume': 1561728, 'bars_asof': '2026-07-23', 'bars_used': 256, 'direction': 'low', 'basis_date': '2026-07-23', 'basis_source': 'broker_bars', 'volume_ratio': 1.715, 'avg_volume_20': 910561.15, 'prior_52w_low': 0.4811, 'prior_52w_high': 9.65, 'staleness_days': 1, 'volume_confirmed': True}; summary=AIFC printed a new 52-week low on elevated volume (x1.715); detector=broker_read_plane; severity=medium; company_id=eb326eba-b2d8-4e9a-9ddc-ba3f8d45fb9a; transition={'to': 'low_break', 'from': 'inside'}; watcher_kind=ha_price_52w; event_context=AIFC printed a new 52-week low on elevated volume (x1.715); contributing_watchers=ha_price_52w (source=ha_price_level; url=plv:52w:low:2026-07-23)
    • Likely peers from the same classification include Microsoft, Salesforce, ServiceNow.
    • Companyfacts coverage was partial; recent filing facts backfilled accounts_receivable, short_term_debt.
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    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 5

    AI Financial Corp generated $24.8 million in FY2025 revenue, demonstrating top-line growth despite significant net losses.

    The company maintains a low leverage band with a debt-to-equity ratio of 0.0005, indicating minimal financial risk.

    AI Financial Corp's cash conversion metric of 0.02 ranks above the median for its Capital Markets cohort.

    Operating income improved by 69.7% year-over-year in FY2025, suggesting potential operational efficiency gains.

    The firm holds a substantial book value of $862.6 million, providing a solid asset base relative to its size.

    BEAR CASE · 4

    AI Financial Corp reported a massive net loss of $344.5 million in FY2025, severely impacting profitability.

    The company faces high liquidity risk, as indicated by its risk flags, threatening short-term solvency.

    Net margin of -13.87% places AI Financial Corp in the bottom quartile of its Capital Markets cohort.

    Free cash flow turned negative at -$7.2 million in FY2025, indicating cash burn rather than generation.

    In focus — financials by report

    Quarterly
    Annual
    QUARTERLYFiled 2026-03-28
    Q4 2025 · Quarter highlights

    Revenue $4.7M; Operating income -$2.7M.

    Revenue$4.7M
    Operating income-$2.7M
    Net income-$271.5M
    Free cash flow—
    EPS—
    Operating cash flow-$12.3M
    Financials
    Income statement
    Revenue$4.7M
    Gross profit$3.6M
    Operating income-$2.7M
    Net income-$271.5M
    Margins
    Gross margin75.8%
    Operating margin-58.2%
    Net margin-5761.7%
    FCF margin—
    Balance sheet
    Total assets$959.7M
    Total liabilities$62.6M
    Total equity$889.7M
    Cash & equivalents$10.5M
    Long-term debt—
    Cash flow
    Operating cash flow-$12.3M
    CapEx—
    Free cash flow—
    SBC—
    P&L flow · revenue → net income
    Revenue $4.7MOperating costs $7.5MTax $268.8MNet income $271.5M
    Highlights
    • ▍Revenue $4.7M
    • ▍Operating income -$2.7M
    • ▍Net margin -5761.7%

    Valuation FY

    Market price
    $0,40
    Market cap
    $67.0M
    Enterprise valueⓘ
    $51.5M
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    2.1x
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    —
    P / Bⓘ
    0.1x
    P / Tangible bookⓘ
    0.1x
    Tangible book
    $862.6M
    Net cashⓘ
    $15.5M
    Current ratioⓘ
    0.8
    Debt / equityⓘ
    —
    ROAⓘ
    -35.9%
    ROEⓘ
    -38.7%
    Cash conversionⓘ
    2.0%
    CapEx / revenueⓘ
    0.0%
    SBC / revenueⓘ
    23.8%
    Dilution ratioⓘ
    -0.3%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    Business relationships7 disclosed relationships · 3 types · extracted from filings & disclosures
    Suppliers2
    Apple Inc.AAPL.OSupplier75%
    Partners2
    VISA INC.V.NPartner80%
    Competitors3
    MICROSOFT CORPORATIONMSFT.OCompetitor50%
    Salesforce IncCRM.OCompetitor50%
    Servicenow IncNOW.OCompetitor50%

    Supply chain

    Vendors → AIFC ↔ Partners → Customers · click any node to drill
    VENDORSPARTNERSCUSTOMERSAIFCAIFCAI Financial Corp4 entitiesBroadridge Financial SDiversified ProfessionalUSApple Inc.Phones & Handheld DeviceUSMASTERCARD INCORPORATEDiversified Online ServiUSVISA INC.Business Support ServiceUS
    0 mentions in 10-K0 from corporate websites0 from news dispatches
    Updated 2026-07-04

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskMedium
    Liquidity riskHigh
    Filing-based flags
    • Current liabilities exceed current assets.
    • Filings reference going-concern or substantial-doubt language.
    • Source documents mention dilution or offering risk.

    Benchmarks vs cohort

    Op Margin-92,0 %Bottom quartile
    Net Margin-1 386,9 %Bottom quartile
    ROE-38,7 %Bottom quartile
    Capex / Rev0,0 %Above P75
    D/E0,00Above median
    Cash Conv0,02Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Regulatory filings
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    • Reference data
    How metrics are computed
    • Price To Tangible Book
      market_price / (tangible_book_value / shares_outstanding_diluted)
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Return On Equity
      net_income / total_equity
    • Enterprise Value
      market_cap - net_cash
    • Ev To Revenue
      enterprise_value / revenue
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    Source documents
    • AI Financial Corp company facts · 2026-07-26
    • AI Financial Corp 10-Q 2026-05-18 · 2026-07-26
    • AI Financial Corp 10-K 2026-04-13 · 2026-07-26
    • AI Financial Corp 10-Q 2026-01-12 · 2026-07-26
    • AI Financial Corp 10-Q 2025-08-12 · 2026-07-26
    • ha_price_52w fired on AIFC · 2026-07-26
    • AI Financial Corp Market data — analyst estimates · 2026-07-26
    • AI Financial Corp HA canonical relationships · 2026-07-26

    Ownership & reference

    Top holders

    • UBS Financial Services, Inc.Investment Managers · as of 2026-03-310,00 %$2M
    • Charles Schwab Investment Management, Inc.Investment Managers · as of 2026-03-310,00 %$1M
    • Goldman Sachs Asset Management, L.P.Investment Managers · as of 2026-03-310,00 %$1M
    • Geode Capital Management, L.L.C.Investment Managers · as of 2026-03-310,00 %$2M
    • Vanguard Capital Management, LLCInvestment Managers · as of 2025-12-310,00 %$6M
    • Northern Trust Investments, Inc.Investment Managers · as of 2026-03-310,00 %$0M
    • State Street Investment Management (US)Investment Managers · as of 2026-03-310,00 %$1M
    • LPL Financial LLCInvestment Managers · as of 2026-03-310,00 %$0M
    • Victory Capital Management Inc.Investment Managers · as of 2026-03-310,00 %$0M
    • Morgan Stanley Smith Barney LLCInvestment Managers · as of 2026-03-310,00 %$0M
    • Raymond James & Associates, Inc.Brokerage Firms · as of 2026-03-310,00 %$0M
    • Bank of New York Mellon CorpInstitutional Investor · as of 2026-03-310,00 %$0M
    • Wells Fargo AdvisorsBrokerage Firms · as of 2026-03-310,00 %$0M
    • JONES FINANCIAL COMPANIES LLLPInstitutional Investor · as of 2026-03-310,00 %$0M
    • BlackRock Institutional Trust Company, N.A.Investment Managers · as of 2024-06-300,00 %$0M

    Insider activity

    Net buying1 buys · 0 sellsnet $73K1 insiders · last 365d
    • DANZIGER DAVID C.Director · Common StockBought 10 000 @ $7,30$73K · 2025-08-14

    Short positioning

    13.1Mshares short-10.0% vs prior
    13.93days to cover
    71.1%short of daily vol
    4.5Kfails-to-deliver
    as of 2026-07-15 · short-interest report (free)

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    AIFCCanonical
    Nasdaq · USD

    Intel & risk

    What changed

    no material change vs prior analysis (walked 17 fields; 4 schema-expansion field(s) excluded)

    • Narrative— → —medium
    • Conclusion— → —medium
    • Key takeaways— → —medium
    • Company share pct— → —medium
    vs prior analysis 22 days ago
    peak dispatch · 2026-07-10
    OSINT findings
    Dilution riskMedium
    Liquidity riskHigh
    Current liabilities exceed current assets.
    Filings reference going-concern or substantial-doubt language.
    Source documents mention dilution or offering risk.
    Relationship graph
    AIFCMSFTCRMNOWBR.OAAPL.OMA.NV.NCapital Market
    This companyPeerSectorSuppliersPartners

    Evidence & claims

    From filings & derived data
    • Cost of revenue (annual): USD 14.65MUnknown
    • Revenue (annual): USD 24.84MUnknown
    • Current assets (annual): USD 29.47MUnknown
    • Pre-tax income (annual): USD -428.23MUnknown
    • Net income (annual): USD -344.51MUnknown
    • Total operating expenses (annual): USD 33.04MUnknown
    • EPS (basic) (annual): USD-PER-SHARES -6Unknown
    • Shareholders' equity (annual): USD 1.15BUnknown
    • Cash & equivalents (annual): USD 6.22MUnknown
    • Operating income (annual): USD -22.85MUnknown
    • EPS (diluted) (annual): USD-PER-SHARES -6Unknown
    • Capex (annual): USD 11KUnknown
    • Total assets (annual): USD 1.22BUnknown
    • Operating cash flow (annual): USD -7.16MUnknown
    • Shares outstanding (annual): 126.47MUnknown
    • Current liabilities (annual): USD 51.4MUnknown
    • Total liabilities (annual): USD 60.25MUnknown
    • Long-term debt (annual): USD 563KUnknown
    • Gross profit (annual): USD 10.19MUnknown
    • Operating cash flow (annual): USD 1.78MUnknown
    • EPS (basic) (annual): USD-PER-SHARES -1Unknown
    • Total liabilities (annual): USD 55.78MUnknown
    • Pre-tax income (annual): USD -8.46MUnknown
    • Operating income (annual): USD -6.92MUnknown
    Showing 24 of 36 surfaced claims.
    Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.

    The Thread

    Everything we know, in order
    2026-10-28EVENTUpcomingQ3 2026 earnings (expected) estimated date
    2026-07-29 22:34 UTCEVENTHa Price Listing AIFC remains DEFICIENT (NASDAQ) — cure period. closed below $1.00 for 50 consecutive trading days (last close $0.3928). cure deadline 2027-01-17 (172 days remaining).
    2026-07-24 21:51 UTCEVENTHa Price 52W AIFC printed a new 52-week low on elevated volume (x1.715)
    2026-07-03 04:32 UTCFILINGMaterial 8-K
    2026-06-10FILING8-K filing →
    2026-05-18FILING10-Q filing →
    2026-05-04FILING8-K filing →
    2026-04-24FILING8-K filing →
    2026-04-24FILING8-K filing →
    2026-04-13FILING10-K filing →
    2026-03-28EARNINGSQuarterly results — Q4 2025 Revenue USD 4.7M · Net USD -271.5M
    2026-03-05FILING8-K filing →
    2026-03-02FILING8-K filing →
    2026-02-23FILING8-K filing →
    2026-02-06FILING8-K filing →
    2026-02-04FILING8-K filing →
    2026-02-03FILINGDEF 14A filing →
    2025-12-28EARNINGSQuarterly results — Q3 2025
    2025-12-27EARNINGSQuarterly results — Q3 2025
    2025-12-27EARNINGSAnnual results — FY 2025 Revenue USD 24.8M · Net USD -344.5M
    2025-09-27EARNINGSQuarterly results — Q2 2025 Revenue USD 19.5M · Net USD 37.0M
    2025-08-14 00:00 UTCINSIDER1 insider transaction — 2025-08
    2025-08-14INSIDERDANZIGER DAVID C. bought 10.0k sh — Director ~$73k
    2025-07-02 00:00 UTCINSIDER1 insider transaction — 2025-07
    2025-05-30 00:00 UTCINSIDER2 insider transactions — 2025-05 1 derivative
    2024-12-28EARNINGSAnnual results — FY 2024 Revenue USD 12.5M · Net USD -6.2M
    2024-12-19 00:00 UTCINSIDER2 insider transactions — 2024-12
    2024-09-09 00:00 UTCINSIDER1 insider transaction — 2024-09
    2023-12-30EARNINGSAnnual results — FY 2023 Revenue USD 0.0M · Net USD -7.8M
    2023-01-05 00:00 UTCINSIDER2 insider transactions — 2023-01
    2021-05-24 00:00 UTCINSIDER1 insider transaction — 2021-05 · net sell $221k
    2021-02-05 00:00 UTCINSIDER1 insider transaction — 2021-02
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data · Reference data Premium coverage