Azio AI (AZIO)
Market Price (9/8/2026): $1.19 | Market Cap: $17.1 MilSector: Information Technology | Industry: Systems Software
Azio AI (AZIO)
Market Price (9/8/2026): $1.19Market Cap: $17.1 MilSector: Information TechnologyIndustry: Systems Software
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 389% Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -35% Megatrend and thematic driversMegatrends include Artificial Intelligence. Themes include AI Software Platforms. | Weak multi-year price returns2Y Excs Rtn is -130%, 3Y Excs Rtn is -165% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -26 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -286% Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 63% Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 19% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -97%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -148% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -184% High stock price volatilityVol 12M is 467% Key risksAZIO key risks include [1] the substantial financial challenge of executing its capital-intensive pivot from a historically unprofitable business and [2] its critical reliance on a limited number of key hardware suppliers. |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 389% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -35% |
| Megatrend and thematic driversMegatrends include Artificial Intelligence. Themes include AI Software Platforms. |
| Weak multi-year price returns2Y Excs Rtn is -130%, 3Y Excs Rtn is -165% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -26 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -286% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 63% |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 19% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -97%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -148% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -184% |
| High stock price volatilityVol 12M is 467% |
| Key risksAZIO key risks include [1] the substantial financial challenge of executing its capital-intensive pivot from a historically unprofitable business and [2] its critical reliance on a limited number of key hardware suppliers. |
Qualitative Assessment
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Updated on 9/1/2026
Azio AI (AZIO) stock has lost about 40% since 5/31/2026 because of the following key factors:
1. Significant Financial Deterioration and Going Concern Warning in Fiscal Q2 2026.
Azio AI reported a net loss of $6.64 million for fiscal Q2 2026 (ended June 30, 2026), compared to a $5.15 million loss in the prior year period. The company's management also expressed "substantial doubt about the ability to continue as a going concern," citing recurring losses, negative cash flows, and a stockholders' deficit of $12.38 million as of June 30, 2026.
2. Lack of Revenue from Core AI Operations Despite Strategic Rebrand.
Despite rebranding to an AI infrastructure company and commencing trading under the "AZIO" ticker on July 13, 2026, fiscal Q2 2026 revenue of $2.66 million was entirely derived from medical supplies, with no revenue generated from its core AI infrastructure business or its former electric vehicle segment. This indicates a significant delay in translating its strategic pivot into tangible AI-related revenue.
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Azio AI (AZIO) stock has lost about 40% since 5/31/2026 because of the following key factors:
1. Significant Financial Deterioration and Going Concern Warning in Fiscal Q2 2026.
Azio AI reported a net loss of $6.64 million for fiscal Q2 2026 (ended June 30, 2026), compared to a $5.15 million loss in the prior year period. The company's management also expressed "substantial doubt about the ability to continue as a going concern," citing recurring losses, negative cash flows, and a stockholders' deficit of $12.38 million as of June 30, 2026.
2. Lack of Revenue from Core AI Operations Despite Strategic Rebrand.
Despite rebranding to an AI infrastructure company and commencing trading under the "AZIO" ticker on July 13, 2026, fiscal Q2 2026 revenue of $2.66 million was entirely derived from medical supplies, with no revenue generated from its core AI infrastructure business or its former electric vehicle segment. This indicates a significant delay in translating its strategic pivot into tangible AI-related revenue.
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Updated on 9/1/2026
Azio AI (AZIO) stock has lost about 40% since 5/31/2026 because of the following key factors:
1. Significant Financial Deterioration and Going Concern Warning in Fiscal Q2 2026.
Azio AI reported a net loss of $6.64 million for fiscal Q2 2026 (ended June 30, 2026), compared to a $5.15 million loss in the prior year period. The company's management also expressed "substantial doubt about the ability to continue as a going concern," citing recurring losses, negative cash flows, and a stockholders' deficit of $12.38 million as of June 30, 2026.
2. Lack of Revenue from Core AI Operations Despite Strategic Rebrand.
Despite rebranding to an AI infrastructure company and commencing trading under the "AZIO" ticker on July 13, 2026, fiscal Q2 2026 revenue of $2.66 million was entirely derived from medical supplies, with no revenue generated from its core AI infrastructure business or its former electric vehicle segment. This indicates a significant delay in translating its strategic pivot into tangible AI-related revenue.
3. Delayed Q2 2026 Financial Report and Weak Fundamentals.
Azio AI announced a delay in filing its fiscal Q2 2026 Form 10-Q, citing the need for additional time to complete financial statement preparation and review. This delay, coupled with severely stressed fundamentals including high General and Administrative (G&A) expenses of $5.8 million in fiscal Q2 2026 (up from $2.75 million a year ago) and minimal cash on hand ($141,955 at June 30, 2026), contributed to investor uncertainty.
4. Market Skepticism Regarding Unconfirmed Sales Pipeline Announcements.
In August 2026, Azio AI announced an estimated sales pipeline for NVIDIA GPU systems, initially valued at ~$77 million on August 6, 2026, and later expanded to approximately $307 million on August 27, 2026. However, the company explicitly stated these figures represent "sales pipeline value, not backlog, contracted amounts, orders or revenue forecasts," and that no purchase orders had been issued under the expanded agreement. The initial announcement of the $77 million pipeline led to a premarket stock decline of approximately 7.39%, indicating market skepticism about these non-binding potential deals.
Show less
Azio AI (AZIO) stock has lost about 40% since 5/31/2026 because of the following key factors:
1. Significant Financial Deterioration and Going Concern Warning in Fiscal Q2 2026.
Azio AI reported a net loss of $6.64 million for fiscal Q2 2026 (ended June 30, 2026), compared to a $5.15 million loss in the prior year period. The company's management also expressed "substantial doubt about the ability to continue as a going concern," citing recurring losses, negative cash flows, and a stockholders' deficit of $12.38 million as of June 30, 2026.
2. Lack of Revenue from Core AI Operations Despite Strategic Rebrand.
Despite rebranding to an AI infrastructure company and commencing trading under the "AZIO" ticker on July 13, 2026, fiscal Q2 2026 revenue of $2.66 million was entirely derived from medical supplies, with no revenue generated from its core AI infrastructure business or its former electric vehicle segment. This indicates a significant delay in translating its strategic pivot into tangible AI-related revenue.
3. Delayed Q2 2026 Financial Report and Weak Fundamentals.
Azio AI announced a delay in filing its fiscal Q2 2026 Form 10-Q, citing the need for additional time to complete financial statement preparation and review. This delay, coupled with severely stressed fundamentals including high General and Administrative (G&A) expenses of $5.8 million in fiscal Q2 2026 (up from $2.75 million a year ago) and minimal cash on hand ($141,955 at June 30, 2026), contributed to investor uncertainty.
4. Market Skepticism Regarding Unconfirmed Sales Pipeline Announcements.
In August 2026, Azio AI announced an estimated sales pipeline for NVIDIA GPU systems, initially valued at ~$77 million on August 6, 2026, and later expanded to approximately $307 million on August 27, 2026. However, the company explicitly stated these figures represent "sales pipeline value, not backlog, contracted amounts, orders or revenue forecasts," and that no purchase orders had been issued under the expanded agreement. The initial announcement of the $77 million pipeline led to a premarket stock decline of approximately 7.39%, indicating market skepticism about these non-binding potential deals.
Show less
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Stock Movement Drivers
Fundamental Drivers
The -42.2% change in AZIO stock from 5/31/2026 to 9/7/2026 was primarily driven by a -47.0% change in the company's P/S Multiple.| (LTM values as of) | 5312026 | 9072026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.06 | 1.19 | -42.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 8 | 9 | 21.3% |
| P/S Multiple | 3.5 | 1.9 | -47.0% |
| Shares Outstanding (Mil) | 13 | 14 | -10.1% |
| Cumulative Contribution | -42.2% |
Market Drivers
5/31/2026 to 9/7/2026| Return | Correlation | |
|---|---|---|
| AZIO | -42.2% | |
| Market (SPY) | 1.8% | 26.8% |
| Sector (XLK) | -2.0% | 30.2% |
Fundamental Drivers
The -25.6% change in AZIO stock from 2/28/2026 to 9/7/2026 was primarily driven by a -75.2% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 2282026 | 9072026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.60 | 1.19 | -25.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4 | 9 | 149.2% |
| P/S Multiple | 1.5 | 1.9 | 20.3% |
| Shares Outstanding (Mil) | 4 | 14 | -75.2% |
| Cumulative Contribution | -25.6% |
Market Drivers
2/28/2026 to 9/7/2026| Return | Correlation | |
|---|---|---|
| AZIO | -25.6% | |
| Market (SPY) | 12.6% | 17.8% |
| Sector (XLK) | 35.1% | 22.0% |
Fundamental Drivers
The -47.3% change in AZIO stock from 8/31/2025 to 9/7/2026 was primarily driven by a -82.2% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 8312025 | 9072026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.26 | 1.19 | -47.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2 | 9 | 388.9% |
| P/S Multiple | 3.1 | 1.9 | -39.6% |
| Shares Outstanding (Mil) | 3 | 14 | -82.2% |
| Cumulative Contribution | -47.3% |
Market Drivers
8/31/2025 to 9/7/2026| Return | Correlation | |
|---|---|---|
| AZIO | -47.3% | |
| Market (SPY) | 20.4% | 4.8% |
| Sector (XLK) | 43.3% | 5.8% |
Fundamental Drivers
The -93.9% change in AZIO stock from 8/31/2023 to 9/7/2026 was primarily driven by a -89.5% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 8312023 | 9072026 | Change |
|---|---|---|---|
| Stock Price ($) | 19.40 | 1.19 | -93.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3 | 9 | 179.2% |
| P/S Multiple | 8.8 | 1.9 | -79.0% |
| Shares Outstanding (Mil) | 2 | 14 | -89.5% |
| Cumulative Contribution | -93.9% |
Market Drivers
8/31/2023 to 9/7/2026| Return | Correlation | |
|---|---|---|
| AZIO | -93.9% | |
| Market (SPY) | 77.1% | 4.8% |
| Sector (XLK) | 117.2% | 5.5% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| AZIO Return | -43% | 847% | -36% | -11% | -97% | 223% | -71% |
| Peers Return | 8% | -42% | 55% | 11% | -5% | 5% | 9% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 13% | 106% |
Monthly Win Rates [3] | |||||||
| AZIO Win Rate | 50% | 42% | 25% | 42% | 17% | 44% | |
| Peers Win Rate | 52% | 35% | 60% | 62% | 54% | 48% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 56% | |
Max Drawdowns [4] | |||||||
| AZIO Max Drawdown | -76% | -72% | -74% | -59% | -97% | -69% | |
| Peers Max Drawdown | -22% | -53% | -30% | -35% | -34% | -37% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: GEN, PATH, S, CVLT, EXYN.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/4/2026 (YTD)
How Low Can It Go
| Event | AZIO | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -57.6% | -18.8% |
| % Gain to Breakeven | 135.9% | 23.1% |
| Time to Breakeven | 91 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -13.0% | -7.8% |
| % Gain to Breakeven | 15.0% | 8.5% |
| Time to Breakeven | 12 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -62.8% | -9.5% |
| % Gain to Breakeven | 168.9% | 10.5% |
| Time to Breakeven | 109 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -25.3% | -24.5% |
| % Gain to Breakeven | 33.8% | 32.4% |
| Time to Breakeven | 22 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -54.4% | -33.7% |
| % Gain to Breakeven | 119.2% | 50.9% |
| Time to Breakeven | 79 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -57.4% | -19.2% |
| % Gain to Breakeven | 134.8% | 23.8% |
| Time to Breakeven | 703 days | 105 days |
In The Past
Azio AI's stock fell -57.6% during the 2025 US Tariff Shock. Such a loss loss requires a 135.9% gain to breakeven.
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| Event | AZIO | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -57.6% | -18.8% |
| % Gain to Breakeven | 135.9% | 23.1% |
| Time to Breakeven | 91 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -62.8% | -9.5% |
| % Gain to Breakeven | 168.9% | 10.5% |
| Time to Breakeven | 109 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -25.3% | -24.5% |
| % Gain to Breakeven | 33.8% | 32.4% |
| Time to Breakeven | 22 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -54.4% | -33.7% |
| % Gain to Breakeven | 119.2% | 50.9% |
| Time to Breakeven | 79 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -57.4% | -19.2% |
| % Gain to Breakeven | 134.8% | 23.8% |
| Time to Breakeven | 703 days | 105 days |
In The Past
Azio AI's stock fell -57.6% during the 2025 US Tariff Shock. Such a loss loss requires a 135.9% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Azio AI (AZIO)
Azio AI, trading under the symbol AZIO, operates as Envirotech Vehicles, Inc., specializing in the rapidly growing zero-emission electric vehicle (ZEV) market. The company is primarily engaged in the provision of environmentally friendly electric vehicles designed to reduce carbon footprints in various sectors.
Beyond manufacturing and supplying these electric vehicles, Envirotech Vehicles Inc. offers comprehensive support services. This includes essential vehicle maintenance and inspection services, ensuring the longevity and optimal performance of its electric fleet for customers.
The company targets a broad array of institutional and commercial clients. Its primary customer base encompasses commercial and last-mile delivery fleets, school districts, public and private transportation service companies, and higher education institutions such as colleges and universities.
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Analogy 1: Think of them as the "Tesla for commercial and fleet vehicles."
Analogy 2: Like Rivian, but specializing in electric school buses and a broader range of commercial fleet vehicles.
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- Zero-emission Electric Vehicles: The company provides a range of zero-emission electric vehicles for commercial, last-mile fleets, school districts, and public transportation.
- Vehicle Maintenance and Inspection Services: The company offers services to maintain and inspect the vehicles it provides.
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AI Analysis | Feedback
Azio AI Holdings, Inc. (formerly Envirotech Vehicles, Inc.) recently rebranded, and its common stock began trading under the new ticker symbol "AZIO" on The Nasdaq Capital Market on July 13, 2026. The company, previously focused on zero-emission electric vehicles, has transformed into a dedicated artificial intelligence infrastructure platform.
Christian Young - Chief Executive Officer
Christian Young is the CEO of Azio AI Holdings, Inc.. He has been instrumental in the company's transformation from Envirotech Vehicles, Inc. to an AI infrastructure platform.
The search results did not provide sufficient information to list other management team members or detailed backgrounds, including prior companies founded/managed, companies sold to acquirers, or involvement with private equity-backed companies for the CEO or CFO. Therefore, only the available information for the CEO is provided.
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Here are the key risks to the business of Azio AI (symbol: AZIO):
- Financial Viability and Capital Intensive Nature of AI Infrastructure: Azio AI, which recently rebranded from Envirotech Vehicles, Inc., has pivoted into the highly capital-intensive AI infrastructure business, focusing on GPU compute, data centers, and digital power solutions. This new direction requires significant investment to build and scale its operations. The company's prior history as Envirotech Vehicles, Inc. indicated unprofitability and a rapid burn rate of cash. Successfully funding and executing this strategic shift, particularly given its relatively small market capitalization, presents a substantial financial risk.
- Rapid Technological Obsolescence and Intense Competition: The artificial intelligence and high-performance computing markets are characterized by extremely rapid technological advancements and fierce competition from established industry players. Azio AI's business model relies on providing cutting-edge GPU compute and data center solutions. There is a significant risk that their technology or infrastructure could quickly become outdated, necessitating continuous and substantial investment in research, development, and upgrades to maintain a competitive edge.
- Reliance on Key Suppliers: Azio AI's offering includes enterprise GPU servers utilizing high-end systems from manufacturers like NVIDIA (e.g., H100, H200, and upcoming B300 systems). This indicates a strong reliance on a limited number of key hardware suppliers for essential components. Any disruptions in the supply chain, significant price increases, or quality control issues from these suppliers could severely impact Azio AI's ability to procure necessary hardware, thereby affecting its operational capabilities, service delivery, and profitability.
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The aggressive entry and rapid scaling of commercial electric vehicle offerings by well-capitalized, established traditional automotive manufacturers (such as Ford, General Motors, and Mercedes-Benz) into the commercial, last-mile fleet, school district, and public transportation segments pose a clear emerging threat to Envirotech Vehicles, Inc. These larger companies leverage immense manufacturing capacity, superior research and development budgets, extensive supply chain networks, and existing customer relationships and service infrastructures, making it increasingly difficult for smaller, specialized players like AZIO to compete on scale, cost-effectiveness, and market penetration.AI Analysis | Feedback
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AI Analysis | Feedback
For the public company Azio AI (symbol: AZIO), which recently transformed its business focus from zero-emission electric vehicles to artificial intelligence (AI) infrastructure, the following are expected drivers of future revenue growth over the next 2-3 years:
- Expansion of AI Data Center Development and Operations: Azio AI Holdings, Inc. has pivoted its core business to focus on developing, owning, and operating AI data centers. This strategic shift positions the company to capitalize on the rapidly expanding global demand for AI infrastructure.
- Growth in Enterprise GPU Compute Infrastructure and Solutions: The company provides enterprise GPU servers, AI compute clusters, and high-performance computing (HPC) solutions, including advanced NVIDIA systems. As AI and machine learning adoption accelerates across industries, the demand for such specialized compute capacity is expected to be a significant revenue driver.
- Securing Strategic AI Infrastructure Hosting Agreements: Azio AI has already announced a notable $27.9 million AI infrastructure hosting agreement with Power Champion Investment Limited, with the potential to scale up to $100 million in total contract value through expansion rights. Such long-term, contracted capacity reservations will provide a stable and growing stream of recurring revenue.
- Offering Modular Data-Infrastructure Solutions and Compute-as-a-Service (CaaS): The company aims to provide flexible and scalable AI data-center solutions and on-demand high-performance computing (CaaS) to a diverse client base, including universities, government agencies, media organizations, and enterprise AI teams. This diversified offering allows Azio AI to serve various market segments with tailored AI compute services.
- Development and Integration of Digital Power Solutions: As part of its integrated AI infrastructure business, Azio AI is focused on digital power solutions. These solutions are critical for the efficient and reliable operation of AI data centers, enabling the company to meet the specialized power demands of high-performance computing and further enhancing its comprehensive AI infrastructure platform.
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Share Issuance
- In May 2021, Envirotech Vehicles, Inc. (then ADOMANI, Inc.) issued 142,558,001 shares of its common stock to former EVTDS stockholders as part of a merger, which represented approximately 56% of the total outstanding shares immediately after the merger.
- In May 2026, Tracy Elgin, the COO, received a grant of 310,000 stock options that vested immediately.
- Also in May 2026, another executive, Di Pietro, was granted 50,000 stock options.
Inbound Investments
- On July 2, 2026, the company completed a merger with Azio AI Corporation, shifting its focus to AI infrastructure and data center operations.
- An AI infrastructure agreement valued at $27.9 million with Power Champion Investment Limited, with potential scalability to $100 million, was announced on July 9, 2026, with initial deposits already received.
Outbound Investments
- In 2025, the company completed the acquisition of Maddox to expand its U.S. manufacturing and logistics capabilities.
Capital Expenditures
- In 2025, the company made strategic facility and acquisition moves, including the establishment of a new Houston headquarters and manufacturing facility.
Peer Outperformance in Systems Software
AZIO has trailed 56% of its 66 Systems Software peers over 5Y. Systems Software ranks 12th of 12 industries in Information Technology by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Systems Software constituents that AZIO has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
19%
of 84 industry peers · -51.0% return
3Y
10%
of 73 industry peers · -92.1% return
5Y
44%
of 66 industry peers · -62.0% return
No Systems Software peer with a comparable growth profile has beaten AZIO by more than 20pp over 5Y.
Median price return by industry across the Information Technology sector, ranked by 5Y. Systems Software is AZIO's own industry. Use this to see which corners of the sector have carried the returns.
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Electronic Manufacturing Services | 9 | 56.1% | 191.0% | 287.9% | TTMI 816% · FLEX 712% · SANM 409% |
| Semiconductor Materials & Equipment | 27 | 130.8% | 74.9% | 101.8% | AEHR 867% · AXTI 567% · KLAC 479% |
| Technology Distributors | 9 | 30.2% | 70.9% | 87.8% | CLMB 352% · AVT 169% · SNX 127% |
| Communications Equipment | 36 | 19.3% | 75.0% | 71.3% | AAOI 1256% · LITE 899% · ANET 762% |
| Electronic Components | 26 | 49.9% | 60.1% | 64.4% | CLS 3348% · BELFA 1289% · COHR 364% |
| Semiconductors | 55 | 21.1% | 26.4% | 19.8% | POET 1845% · MU 1343% · NVDA 935% |
| Technology Hardware, Storage & Peripherals | 21 | 37.2% | 82.0% | 19.2% | DELL 1107% · STX 1069% · SMCI 990% |
| Internet Services & Infrastructure | 6 | 19.8% | 39.9% | 16.4% | DOCN 66% · GDDY 35% · VRSN 34% |
| Electronic Equipment & Instruments | 27 | -7.3% | 11.5% | -7.0% | PI 210% · OSIS 112% · NSSC 102% |
| IT Consulting & Other Services | 28 | -23.8% | -12.1% | -28.5% | CHRN 533058% · APLD 1245% · TSSI 665% |
| Application Software | 123 | -23.9% | -13.6% | -44.9% | VIDA 181718% · INLX 4861% · PLTR 582% |
| Systems Software ← | 67 | -5.4% | 4.0% | -56.1% | PAYS 470% · QNC 470% · ZETA 350% |
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 17.54 |
| Mkt Cap | 6.2 |
| Rev LTM | 1,157 |
| Op Inc LTM | 45 |
| FCF LTM | 145 |
| FCF 3Y Avg | 218 |
| CFO LTM | 161 |
| CFO 3Y Avg | 223 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 20.2% |
| Rev Chg 3Y Avg | 15.8% |
| Rev Chg Q | 17.3% |
| QoQ Delta Rev Chg LTM | 3.8% |
| Op Inc Chg LTM | 20.5% |
| Op Inc Chg 3Y Avg | 18.5% |
| Op Mgn LTM | -10.4% |
| Op Mgn 3Y Avg | -5.1% |
| QoQ Delta Op Mgn LTM | 2.3% |
| CFO/Rev LTM | 13.5% |
| CFO/Rev 3Y Avg | 21.5% |
| FCF/Rev LTM | 12.0% |
| FCF/Rev 3Y Avg | 21.0% |
Price Behavior
Price Behavior
| Market Price | $1.19 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 06/15/2017 | |
| Distance from 52W High | -70.8% | |
| 50 Days | 200 Days | |
| DMA Price | $1.55 | $1.64 |
| DMA Trend | indeterminate | down |
| Distance from DMA | -23.4% | -27.5% |
| 3M | 1YR | |
| Volatility | 94.5% | 468.4% |
| Downside Capture | 338.75 | 273.61 |
| Upside Capture | 87.41 | 133.82 |
| Correlation (SPY) | 28.2% | 4.9% |
AZIO Betas & Captures as of 8/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.91 | 3.17 | 1.91 | 1.31 | 1.79 | 0.90 |
| Up Beta | 1.83 | 2.84 | 2.61 | 1.53 | -4.17 | 0.10 |
| Down Beta | 11.68 | 3.33 | 1.67 | 1.01 | 2.33 | 0.92 |
| Up Capture | 113% | 154% | 45% | 84% | 178% | 6% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 8 | 15 | 24 | 53 | 107 | 323 |
| Down Capture | 491% | 436% | 250% | 157% | 170% | 109% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 11 | 25 | 37 | 69 | 135 | 397 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with AZIO | |
|---|---|---|---|---|
| AZIO | -46.0% | 466.7% | 0.67 | - |
| Sector ETF (XLK) | 43.4% | 26.2% | 1.34 | 5.8% |
| Equity (SPY) | 19.7% | 12.8% | 1.13 | 4.8% |
| Gold (GLD) | 24.6% | 29.2% | 0.75 | 7.3% |
| Commodities (DBC) | 43.8% | 20.3% | 1.67 | 5.4% |
| Real Estate (VNQ) | 9.1% | 13.6% | 0.39 | 2.7% |
| Bitcoin (BTCUSD) | -28.1% | 43.8% | -0.63 | 4.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with AZIO | |
|---|---|---|---|---|
| AZIO | -14.9% | 730.2% | 0.48 | - |
| Sector ETF (XLK) | 19.7% | 25.9% | 0.68 | 0.5% |
| Equity (SPY) | 12.8% | 17.2% | 0.57 | 0.5% |
| Gold (GLD) | 19.1% | 18.8% | 0.82 | 1.0% |
| Commodities (DBC) | 10.7% | 19.5% | 0.43 | 0.4% |
| Real Estate (VNQ) | 1.7% | 18.9% | -0.01 | 0.7% |
| Bitcoin (BTCUSD) | 10.2% | 52.6% | 0.38 | -1.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with AZIO | |
|---|---|---|---|---|
| AZIO | -33.8% | 549.8% | 0.38 | - |
| Sector ETF (XLK) | 24.4% | 25.0% | 0.88 | 1.4% |
| Equity (SPY) | 15.3% | 17.9% | 0.72 | 1.3% |
| Gold (GLD) | 12.4% | 16.3% | 0.62 | 0.9% |
| Commodities (DBC) | 7.9% | 18.1% | 0.35 | 1.1% |
| Real Estate (VNQ) | 4.8% | 20.7% | 0.19 | 1.0% |
| Bitcoin (BTCUSD) | 63.7% | 66.2% | 1.03 | -0.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Updated 8/28/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/20/2024 | -8.1% | -0.3% | 7.5% |
| 11/15/2022 | 0.7% | -11.4% | -13.5% |
| 8/16/2022 | -3.0% | -8.0% | 8.9% |
| 5/16/2022 | -2.4% | -4.9% | 9.6% |
| 11/12/2020 | 4.5% | 74.5% | 184.0% |
| 8/14/2020 | -7.2% | -6.8% | -25.2% |
| SUMMARY STATS | |||
| # Positive | 2 | 1 | 4 |
| # Negative | 4 | 5 | 2 |
| Median Positive | 2.6% | 74.5% | 9.3% |
| Median Negative | -5.1% | -6.8% | -19.3% |
| Max Positive | 4.5% | 74.5% | 184.0% |
| Max Negative | -8.1% | -11.4% | -25.2% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/20/2024 | -8.1% | -0.3% | 7.5% |
| 11/15/2022 | 0.7% | -11.4% | -13.5% |
| 8/16/2022 | -3.0% | -8.0% | 8.9% |
| 5/16/2022 | -2.4% | -4.9% | 9.6% |
| 11/12/2020 | 4.5% | 74.5% | 184.0% |
| 8/14/2020 | -7.2% | -6.8% | -25.2% |
| SUMMARY STATS | |||
| # Positive | 2 | 1 | 4 |
| # Negative | 4 | 5 | 2 |
| Median Positive | 2.6% | 74.5% | 9.3% |
| Median Negative | -5.1% | -6.8% | -19.3% |
| Max Positive | 4.5% | 74.5% | 184.0% |
| Max Negative | -8.1% | -11.4% | -25.2% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/18/2026 | 10-Q |
| 03/31/2026 | 05/19/2026 | 10-Q |
| 12/31/2025 | 04/13/2026 | 10-K |
| 09/30/2025 | 11/20/2025 | 10-Q |
| 06/30/2025 | 08/18/2025 | 10-Q |
| 03/31/2025 | 05/20/2025 | 10-Q |
| 12/31/2024 | 04/15/2025 | 10-K |
| 09/30/2024 | 11/14/2024 | 10-Q |
| 06/30/2024 | 08/14/2024 | 10-Q |
| 03/31/2024 | 05/15/2024 | 10-Q |
| 12/31/2023 | 03/28/2024 | 10-K |
| 09/30/2023 | 11/14/2023 | 10-Q |
| 06/30/2023 | 10/16/2023 | 10-Q |
| 03/31/2023 | 10/16/2023 | 10-Q |
| 12/31/2022 | 09/25/2023 | 10-K |
| 09/30/2022 | 11/14/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/18/2026 | 10-Q |
| 03/31/2026 | 05/19/2026 | 10-Q |
| 12/31/2025 | 04/13/2026 | 10-K |
| 09/30/2025 | 11/20/2025 | 10-Q |
| 06/30/2025 | 08/18/2025 | 10-Q |
| 03/31/2025 | 05/20/2025 | 10-Q |
| 12/31/2024 | 04/15/2025 | 10-K |
| 09/30/2024 | 11/14/2024 | 10-Q |
| 06/30/2024 | 08/14/2024 | 10-Q |
| 03/31/2024 | 05/15/2024 | 10-Q |
| 12/31/2023 | 03/28/2024 | 10-K |
| 09/30/2023 | 11/14/2023 | 10-Q |
| 06/30/2023 | 10/16/2023 | 10-Q |
| 03/31/2023 | 10/16/2023 | 10-Q |
| 12/31/2022 | 09/25/2023 | 10-K |
| 09/30/2022 | 11/14/2022 | 10-Q |
| 06/30/2022 | 08/15/2022 | 10-Q |
| 03/31/2022 | 05/16/2022 | 10-Q |
| 12/31/2021 | 04/26/2022 | 10-K |
| 09/30/2021 | 11/12/2021 | 10-Q |
Insider Activity
Updated 7/16/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Yang, Jenny | Chief Administrative Officer | Aventric LLC | Buy | 7162026 | 0.00 | 24,604 | Form | ||
| 2 | Chen, Gary | Chief Product Officer | Milthea Company Inc | Sell | 7162026 | 0.00 | 12,302 | Form | ||
| 3 | Young, Chris J | Chief Executive Officer | Accel Venture III LLC | Sell | 7162026 | 0.00 | 12,302 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Yang, Jenny | Chief Administrative Officer | Aventric LLC | Buy | 7162026 | 0.00 | 24,604 | Form | ||
| 2 | Chen, Gary | Chief Product Officer | Milthea Company Inc | Sell | 7162026 | 0.00 | 12,302 | Form | ||
| 3 | Young, Chris J | Chief Executive Officer | Accel Venture III LLC | Sell | 7162026 | 0.00 | 12,302 | Form |
Industry Resources
| Information Technology Resources |
| TechCrunch |
| Wired |
| CIO |
| MIT Technology Review |
| Gartner Insights |
| Ars Technica |
| Systems Software Resources |
| CNET |
| ZDNet |
| Gartner |
| Software Development Times |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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Core Cache Last Updated: 9/7/2026