📊 ALMU Key Takeaways
Is Aeluma, Inc. (ALMU) a Good Investment?
Aeluma is a pre-revenue semiconductor company with severely negative profitability metrics and significant operating losses despite 407% revenue growth. While the company maintains a strong balance sheet with $38.6M cash and minimal debt, the substantial operating losses (-$3.7M), negative operating margin (-138.8%), and persistent negative free cash flow (-$1.3M) indicate the company is in a capital-intensive development phase burning cash rapidly. Without clear path to profitability or positive cash generation, the company faces extended losses that will consume its cash reserves.
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.
Why Buy Aeluma, Inc. Stock? ALMU Key Strengths
- Exceptional revenue growth of 407.6% YoY demonstrates strong market demand and business traction
- Fortress balance sheet with $38.6M cash, minimal debt ($296.5K), and debt-to-equity of 0.01x provides substantial runway
- Excellent liquidity position with 48.80x current ratio provides operational flexibility
- 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
- Severe operating losses of -$3.7M with operating margin of -138.8% indicates unsustainable cost structure relative to revenue
- Negative free cash flow of -$1.3M with -49.2% FCF margin means company is burning cash despite revenue growth
- No gross margin data available suggests potential product cost issues; negative net margin of -125.9% indicates every dollar of revenue generates losses
- Cash runway at current burn rate (~$1.3M annually in FCF) would deplete reserves in ~30 years, but accelerating growth could increase burn significantly
- 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
- Gross margin achievement and trend - critical to understanding unit economics
- Path to operating profitability timeline and specific cost reduction initiatives
- Free cash flow burn rate relative to revenue growth - sustainability of current cash position
- Operating expense ratio trend - ability to achieve scale economies as revenue grows
- 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 48.80x 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 |
|---|---|---|---|
| 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 |
| Q1 2024 | $32.4K | -$1.5M | $-0.12 |
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
| Date | Form | Document | Action |
|---|---|---|---|
| Apr 3, 2026 | 4 | xslF345X06/form4-04032026_100412.xml | View → |
| Mar 20, 2026 | 8-K | ea0282751-8k_aeluma.htm | View → |
| Mar 5, 2026 | 4 | xslF345X05/form4-03052026_110330.xml | View → |
| Mar 2, 2026 | 4 | xslF345X05/form4-03022026_090356.xml | View → |
| Mar 2, 2026 | 4 | xslF345X05/form4-03022026_090305.xml | View → |
❓ Frequently Asked Questions about ALMU
What is the AI rating for ALMU?
Aeluma, Inc. (ALMU) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (HOLD) with 80% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are ALMU's key strengths?
Claude: Exceptional revenue growth of 407.6% YoY demonstrates strong market demand and business traction. Fortress balance sheet with $38.6M cash, minimal debt ($296.5K), and debt-to-equity of 0.01x provides substantial runway. 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: Severe operating losses of -$3.7M with operating margin of -138.8% indicates unsustainable cost structure relative to revenue. Negative free cash flow of -$1.3M with -49.2% FCF margin means company is burning cash 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 $2.7M.
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 $-0.20.
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 rating reflects both perspectives for balanced insights.
Is ALMU a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Aeluma, Inc. has a SELL rating with 80% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is ALMU stock overvalued or undervalued?
Valuation metrics for ALMU: ROE of -8.2% (sector avg: 22%), net margin of -125.9% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.
Should I buy ALMU stock in 2026?
Our dual AI analysis gives Aeluma, Inc. a combined SELL rating 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 $-1.1M, with capital expenditures of $241.0K. FCF margin is -49.2%.
How does ALMU compare to other Technology stocks?
Vs Technology sector averages: Net margin -125.9% (avg: 18%), ROE -8.2% (avg: 22%), current ratio 48.80 (avg: 2.5).