📊 ALMU Key Takeaways
Is Aeluma, Inc. (ALMU) a Good Investment?
Aeluma is an early-stage semiconductor company with exceptional revenue growth (407.6% YoY) and a fortress balance sheet ($37.8M cash, 0.01x debt/equity). While currently unprofitable with negative free cash flow of -$2.1M, loss trajectories are improving significantly (200.7% YoY improvement in net income) and the company has 18+ years of cash runway, providing sufficient time to demonstrate path to profitability if growth continues.
Aeluma shows exceptional top-line growth and an unusually strong balance sheet, with substantial cash and minimal debt providing a long runway. However, the company remains deeply unprofitable, with very negative operating and net margins, so the core question is whether recent revenue growth can scale into durable gross profit and operating leverage.
Aeluma, Inc. Key Strengths (ALMU)
- Exceptional revenue growth of 407.6% year-over-year from semiconductor applications
- Fortress balance sheet with $37.8M cash representing 89% of total assets and minimal debt (0.01x leverage)
- Rapidly improving profitability trajectory with net income losses declining 200.7% YoY and EPS improving 37.8% YoY
- Exceptional liquidity position (26.10x current ratio) providing flexibility for R&D and operations
- Revenue grew 407.6% YoY, indicating strong recent commercial momentum
- Balance sheet is very strong with $38.57M of cash against just $1.77M of liabilities
- Leverage is minimal, with debt/equity of 0.01x and long-term debt under $300K
ALMU Stock Risks: Aeluma, Inc. Investment Risks
- Company remains unprofitable with substantial operating losses (-$9.7M) and negative operating margins (-249.9%)
- Negative free cash flow (-$2.1M annually) indicates company is burning capital despite revenue growth
- Revenue base extremely small ($3.9M) with unclear sustainability of 400%+ growth rates typical of early-stage semiconductor companies
- Missing gross margin data raises questions about product economics and actual unit profitability
- Profitability remains weak, with operating margin of -138.8% and net margin of -125.9%
- Free cash flow is negative, showing the business is still consuming cash rather than self-funding
- Growth quality is hard to verify because gross profit and gross margin are unavailable, limiting visibility into unit economics
Key Metrics to Watch
- Quarterly revenue growth sustainability and deceleration trajectory toward normalized growth rates
- Operating cash flow inflection point and timeline to positive FCF with current cash runway
- Gross margin achievement and product-level unit economics as volumes scale
- Path to operating profitability and timeline relative to remaining cash reserves
- Gross profit and gross margin trend as revenue scales
- Operating cash flow and free cash flow burn relative to cash balance
Aeluma, Inc. (ALMU) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 26.10x current ratio provides a solid financial cushion.
ALMU Profit Margin, ROE & Profitability Analysis
ALMU vs Technology Sector: How Aeluma, Inc. Compares
How Aeluma, Inc. compares to Technology sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Aeluma, Inc. Stock Overvalued? ALMU Valuation Analysis 2026
Based on fundamental analysis, Aeluma, Inc. has mixed fundamental signals relative to the Technology sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Aeluma, Inc. Balance Sheet: ALMU Debt, Cash & Liquidity
ALMU Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Aeluma, Inc.'s revenue has grown significantly by 2,313% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.37 indicates the company is currently unprofitable.
ALMU Revenue Growth, EPS Growth & YoY Performance
ALMU Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2026 | $1.2M | $1.5M | $-0.10 |
| Q2 2026 | $1.3M | -$1.9M | $-0.11 |
| Q1 2026 | $481.0K | -$730.0K | $-0.06 |
| Q3 2025 | $343.9K | -$962.7K | $-0.08 |
| Q2 2025 | $263.0K | -$1.1M | $-0.09 |
| Q1 2025 | $32.4K | -$729.6K | $-0.06 |
| Q3 2024 | $343.9K | -$962.7K | $-0.08 |
| Q2 2024 | $263.0K | -$1.1M | $-0.09 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Aeluma, Inc. Dividends, Buybacks & Capital Allocation
ALMU SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Aeluma, Inc. (CIK: 0001828805)
📋 Recent SEC Filings
❓ Frequently Asked Questions about ALMU
What is the AI rating for ALMU?
Aeluma, Inc. (ALMU) has a Combined AI Grade of A from Claude (A) and ChatGPT (B) with 71% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are ALMU's key strengths?
Claude: Exceptional revenue growth of 407.6% year-over-year from semiconductor applications. Fortress balance sheet with $37.8M cash representing 89% of total assets and minimal debt (0.01x leverage). ChatGPT: Revenue grew 407.6% YoY, indicating strong recent commercial momentum. Balance sheet is very strong with $38.57M of cash against just $1.77M of liabilities.
What are the risks of investing in ALMU?
Claude: Company remains unprofitable with substantial operating losses (-$9.7M) and negative operating margins (-249.9%). Negative free cash flow (-$2.1M annually) indicates company is burning capital despite revenue growth. ChatGPT: Profitability remains weak, with operating margin of -138.8% and net margin of -125.9%. Free cash flow is negative, showing the business is still consuming cash rather than self-funding.
What is ALMU's revenue and growth?
Aeluma, Inc. reported revenue of $3.9M.
Does ALMU pay dividends?
Aeluma, Inc. does not currently pay dividends.
Where can I find ALMU SEC filings?
Official SEC filings for Aeluma, Inc. (CIK: 0001828805) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is ALMU's EPS?
Aeluma, Inc. has a diluted EPS of $-0.30.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is ALMU's fundamental grade?
Based on our AI fundamental analysis in June 2026, Aeluma, Inc. has a A grade with 71% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is ALMU stock overvalued or undervalued?
Valuation metrics for ALMU: ROE of -12.8% (sector avg: 22%), net margin of -132.7% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.
What is ALMU's AI grade for 2026?
Our dual AI analysis gives Aeluma, Inc. a combined A grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is ALMU's free cash flow?
Aeluma, Inc.'s operating cash flow is $-1.6M, with capital expenditures of $439.0K. FCF margin is -53.7%.
How does ALMU compare to other Technology stocks?
Vs Technology sector averages: Net margin -132.7% (avg: 18%), ROE -12.8% (avg: 22%), current ratio 26.10 (avg: 2.5).