Azio AI (AZIO)
Market Price (10/23/2026): $0.9201 | Market Cap: $16.0 MilSector: Information Technology | Industry: Systems Software
Azio AI (AZIO)
Market Price (10/23/2026): $0.9201Market Cap: $16.0 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 -50% Megatrend and thematic driversMegatrends include Artificial Intelligence. Themes include AI Software Platforms. | Weak multi-year price returns2Y Excs Rtn is -126%, 3Y Excs Rtn is -170% | Penny stockMkt Price is 0.9 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 81% 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 -235% High stock price volatilityVol 12M is 462% 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 -50% |
| Megatrend and thematic driversMegatrends include Artificial Intelligence. Themes include AI Software Platforms. |
| Weak multi-year price returns2Y Excs Rtn is -126%, 3Y Excs Rtn is -170% |
| Penny stockMkt Price is 0.9 |
| 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 81% |
| 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 -235% |
| High stock price volatilityVol 12M is 462% |
| 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
AI Analysis | Feedback
Updated on 10/20/2026
Azio AI (AZIO) stock has lost about 45% since 6/30/2026 because of the following key factors:
1. Significant Financial Distress and Going Concern Risk. Azio AI Holdings, Inc. reported a net loss of $6.64 million for fiscal Q2 2026 (ended June 30, 2026), contributing to a six-month loss of $10.62 million, with operating cash outflows of $8.73 million in the first half of fiscal 2026. The company's total liabilities of $27.94 million exceeded its assets of $15.56 million, resulting in a stockholders' deficit of $12.38 million. Management explicitly stated "substantial doubt about the ability to continue as a going concern" within one year after filing its most recent quarterly report.
2. Highly Dilutive Financing Activities and Potential Reverse Stock Split. To address liquidity issues, Azio AI secured an $11 million debenture financing and issued equity, increasing common shares outstanding to 13.68 million by June 30, 2026, and 16.47 million by August 12, 2026. Furthermore, on September 25, 2026, the company entered into a standby equity purchase agreement for up to $50 million of common stock, which included a $3.0 million prepaid advance with a 4% original issue discount and the issuance of warrants for 1,735,758 shares. These actions, coupled with a proposal for a reverse stock split to be voted on at the November 2, 2026, annual meeting, indicate severe financial pressure and a strategy that could further dilute existing shareholder value.
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Azio AI (AZIO) stock has lost about 45% since 6/30/2026 because of the following key factors:
1. Significant Financial Distress and Going Concern Risk. Azio AI Holdings, Inc. reported a net loss of $6.64 million for fiscal Q2 2026 (ended June 30, 2026), contributing to a six-month loss of $10.62 million, with operating cash outflows of $8.73 million in the first half of fiscal 2026. The company's total liabilities of $27.94 million exceeded its assets of $15.56 million, resulting in a stockholders' deficit of $12.38 million. Management explicitly stated "substantial doubt about the ability to continue as a going concern" within one year after filing its most recent quarterly report.
2. Highly Dilutive Financing Activities and Potential Reverse Stock Split. To address liquidity issues, Azio AI secured an $11 million debenture financing and issued equity, increasing common shares outstanding to 13.68 million by June 30, 2026, and 16.47 million by August 12, 2026. Furthermore, on September 25, 2026, the company entered into a standby equity purchase agreement for up to $50 million of common stock, which included a $3.0 million prepaid advance with a 4% original issue discount and the issuance of warrants for 1,735,758 shares. These actions, coupled with a proposal for a reverse stock split to be voted on at the November 2, 2026, annual meeting, indicate severe financial pressure and a strategy that could further dilute existing shareholder value.
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Updated on 10/20/2026
Azio AI (AZIO) stock has lost about 45% since 6/30/2026 because of the following key factors:
1. Significant Financial Distress and Going Concern Risk. Azio AI Holdings, Inc. reported a net loss of $6.64 million for fiscal Q2 2026 (ended June 30, 2026), contributing to a six-month loss of $10.62 million, with operating cash outflows of $8.73 million in the first half of fiscal 2026. The company's total liabilities of $27.94 million exceeded its assets of $15.56 million, resulting in a stockholders' deficit of $12.38 million. Management explicitly stated "substantial doubt about the ability to continue as a going concern" within one year after filing its most recent quarterly report.
2. Highly Dilutive Financing Activities and Potential Reverse Stock Split. To address liquidity issues, Azio AI secured an $11 million debenture financing and issued equity, increasing common shares outstanding to 13.68 million by June 30, 2026, and 16.47 million by August 12, 2026. Furthermore, on September 25, 2026, the company entered into a standby equity purchase agreement for up to $50 million of common stock, which included a $3.0 million prepaid advance with a 4% original issue discount and the issuance of warrants for 1,735,758 shares. These actions, coupled with a proposal for a reverse stock split to be voted on at the November 2, 2026, annual meeting, indicate severe financial pressure and a strategy that could further dilute existing shareholder value.
3. Nasdaq Non-Compliance and Delisting Risk. Azio AI Holdings faces an urgent deadline to regain compliance with Nasdaq's stockholders' equity requirements. Nasdaq granted an extension through October 26, 2026, for the company to rectify this non-compliance. Failure to meet this deadline could result in the delisting of the company's stock, which typically leads to a significant drop in share price and reduced investor confidence.
4. Broad Volatility in the AI Sector and Rising Interest Rates. Macroeconomic factors significantly impacted Azio AI's stock performance. Fiscal Q3 2026 (July 1 to September 30, 2026) was characterized by "sharp volatility in AI-related stocks" and a "sudden sell-off in semiconductor stocks." This challenging environment for technology and growth companies was exacerbated by surging long-term interest rates. The Federal Reserve raised its target rate to a range of 3.75% to 4.00% in September 2026, marking its first hike in three years. Higher borrowing costs and a less favorable market for growth-oriented investments put additional pressure on Azio AI.
Show less
Azio AI (AZIO) stock has lost about 45% since 6/30/2026 because of the following key factors:
1. Significant Financial Distress and Going Concern Risk. Azio AI Holdings, Inc. reported a net loss of $6.64 million for fiscal Q2 2026 (ended June 30, 2026), contributing to a six-month loss of $10.62 million, with operating cash outflows of $8.73 million in the first half of fiscal 2026. The company's total liabilities of $27.94 million exceeded its assets of $15.56 million, resulting in a stockholders' deficit of $12.38 million. Management explicitly stated "substantial doubt about the ability to continue as a going concern" within one year after filing its most recent quarterly report.
2. Highly Dilutive Financing Activities and Potential Reverse Stock Split. To address liquidity issues, Azio AI secured an $11 million debenture financing and issued equity, increasing common shares outstanding to 13.68 million by June 30, 2026, and 16.47 million by August 12, 2026. Furthermore, on September 25, 2026, the company entered into a standby equity purchase agreement for up to $50 million of common stock, which included a $3.0 million prepaid advance with a 4% original issue discount and the issuance of warrants for 1,735,758 shares. These actions, coupled with a proposal for a reverse stock split to be voted on at the November 2, 2026, annual meeting, indicate severe financial pressure and a strategy that could further dilute existing shareholder value.
3. Nasdaq Non-Compliance and Delisting Risk. Azio AI Holdings faces an urgent deadline to regain compliance with Nasdaq's stockholders' equity requirements. Nasdaq granted an extension through October 26, 2026, for the company to rectify this non-compliance. Failure to meet this deadline could result in the delisting of the company's stock, which typically leads to a significant drop in share price and reduced investor confidence.
4. Broad Volatility in the AI Sector and Rising Interest Rates. Macroeconomic factors significantly impacted Azio AI's stock performance. Fiscal Q3 2026 (July 1 to September 30, 2026) was characterized by "sharp volatility in AI-related stocks" and a "sudden sell-off in semiconductor stocks." This challenging environment for technology and growth companies was exacerbated by surging long-term interest rates. The Federal Reserve raised its target rate to a range of 3.75% to 4.00% in September 2026, marking its first hike in three years. Higher borrowing costs and a less favorable market for growth-oriented investments put additional pressure on Azio AI.
Show less
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Stock Movement Drivers
Fundamental Drivers
The -45.3% change in AZIO stock from 6/30/2026 to 10/22/2026 was primarily driven by a -49.8% change in the company's P/S Multiple.| (LTM values as of) | 6302026 | 10222026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.70 | 0.93 | -45.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 8 | 9 | 21.3% |
| P/S Multiple | 2.9 | 1.4 | -49.8% |
| Shares Outstanding (Mil) | 13 | 14 | -10.1% |
| Cumulative Contribution | -45.3% |
Market Drivers
6/30/2026 to 10/22/2026| Return | Correlation | |
|---|---|---|
| AZIO | -45.3% | |
| Market (SPY) | 2.3% | 22.7% |
| Sector (XLK) | -4.3% | 28.8% |
Fundamental Drivers
The -44.3% change in AZIO stock from 3/31/2026 to 10/22/2026 was primarily driven by a -75.2% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 3312026 | 10222026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.67 | 0.93 | -44.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4 | 9 | 149.2% |
| P/S Multiple | 1.6 | 1.4 | -9.9% |
| Shares Outstanding (Mil) | 4 | 14 | -75.2% |
| Cumulative Contribution | -44.3% |
Market Drivers
3/31/2026 to 10/22/2026| Return | Correlation | |
|---|---|---|
| AZIO | -44.3% | |
| Market (SPY) | 17.8% | 23.0% |
| Sector (XLK) | 37.4% | 24.9% |
Fundamental Drivers
The -38.0% change in AZIO stock from 9/30/2025 to 10/22/2026 was primarily driven by a -82.2% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 9302025 | 10222026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.50 | 0.93 | -38.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2 | 9 | 388.9% |
| P/S Multiple | 2.0 | 1.4 | -28.9% |
| Shares Outstanding (Mil) | 3 | 14 | -82.2% |
| Cumulative Contribution | -38.0% |
Market Drivers
9/30/2025 to 10/22/2026| Return | Correlation | |
|---|---|---|
| AZIO | -38.0% | |
| Market (SPY) | 15.6% | 5.1% |
| Sector (XLK) | 29.9% | 6.1% |
Fundamental Drivers
The -94.1% change in AZIO stock from 9/30/2023 to 10/22/2026 was primarily driven by a -89.5% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 9302023 | 10222026 | Change |
|---|---|---|---|
| Stock Price ($) | 15.80 | 0.93 | -94.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 5 | 9 | 104.5% |
| P/S Multiple | 5.3 | 1.4 | -72.5% |
| Shares Outstanding (Mil) | 2 | 14 | -89.5% |
| Cumulative Contribution | -94.1% |
Market Drivers
9/30/2023 to 10/22/2026| Return | Correlation | |
|---|---|---|
| AZIO | -94.1% | |
| Market (SPY) | 84.8% | 4.9% |
| Sector (XLK) | 126.4% | 5.7% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| AZIO Return | -43% | 847% | -36% | -11% | -97% | 167% | -76% |
| Peers Return | 8% | -42% | 55% | 11% | -5% | -8% | -5% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 104% |
Monthly Win Rates [3] | |||||||
| AZIO Win Rate | 50% | 42% | 25% | 42% | 17% | 40% | |
| Peers Win Rate | 52% | 35% | 60% | 62% | 54% | 44% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| AZIO Max Drawdown | -76% | -72% | -74% | -59% | -97% | -75% | |
| 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, S, PATH, CVLT, GYGY.
[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 10/22/2026 (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.
AI Analysis | Feedback
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.
AI Analysis | Feedback
- 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.
AI Analysis | Feedback
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AI Analysis | Feedback
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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.
AI Analysis | Feedback
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.
AI Analysis | Feedback
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 62% of its 68 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
34%
of 86 industry peers · -37.6% return
3Y
7%
of 72 industry peers · -94.0% return
5Y
38%
of 68 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 | 10 | 28.0% | 131.9% | 209.6% | FLEX 459% · TTMI 450% · JBL 341% |
| Technology Distributors | 9 | 42.9% | 86.4% | 81.7% | AVT 165% · SNX 151% · CNXN 115% |
| Communications Equipment | 36 | 2.6% | 107.5% | 68.2% | AAOI 808% · LITE 795% · ANET 601% |
| Semiconductor Materials & Equipment | 28 | 45.4% | 65.1% | 60.7% | AXTI 504% · KLAC 352% · LRCX 335% |
| Electronic Components | 26 | -0.7% | 67.4% | 39.5% | CLS 2780% · BELFA 1108% · APH 285% |
| Semiconductors | 54 | 4.2% | 34.9% | 26.6% | MU 1199% · NVDA 838% · AVGO 585% |
| Technology Hardware, Storage & Peripherals | 21 | 17.3% | 76.1% | 21.4% | SMCI 855% · DELL 765% · STX 748% |
| Electronic Equipment & Instruments | 27 | -13.5% | 26.9% | -7.5% | PI 196% · OSIS 111% · CXT 78% |
| Internet Services & Infrastructure | 6 | 4.3% | 53.0% | -8.8% | GDDY 65% · VRSN 42% · DOCN -2% |
| IT Consulting & Other Services | 29 | -20.8% | 4.1% | -19.2% | CHRN 406742% · APLD 315% · ADEA 151% |
| Application Software | 126 | -19.1% | -8.3% | -44.4% | PLTR 703% · FROG 166% · AGYS 132% |
| Systems Software ← | 69 | -10.8% | 35.0% | -53.8% | ZETA 310% · CRWD 236% · FTNT 158% |
Median of constituents with a full price history over each window. Top names are limited to companies above $2B market cap.
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 18.14 |
| Mkt Cap | 7.2 |
| Rev LTM | 1,157 |
| Op Inc LTM | 52 |
| 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 | 13.4% |
| QoQ Delta Rev Chg LTM | 2.9% |
| Op Inc Chg LTM | 20.5% |
| Op Inc Chg 3Y Avg | 18.5% |
| Op Mgn LTM | -9.0% |
| Op Mgn 3Y Avg | -2.7% |
| 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 | $0.93 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 06/15/2017 | |
| Distance from 52W High | -74.7% | |
| 50 Days | 200 Days | |
| DMA Price | $1.19 | $1.69 |
| DMA Trend | down | up |
| Distance from DMA | -21.8% | -44.8% |
| 3M | 1YR | |
| Volatility | 86.8% | 462.0% |
| Downside Capture | 339.56 | 288.31 |
| Upside Capture | -14.46 | 197.66 |
| Correlation (S&P 500) | 16.5% | 4.6% |
AZIO Betas & Captures as of 9/30/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.40 | 1.48 | 2.21 | 1.75 | 1.78 | 0.90 |
| Up Beta | 1.38 | 1.26 | 2.10 | 2.37 | -4.55 | 0.02 |
| Down Beta | 5.19 | 7.50 | 4.51 | 2.08 | 1.94 | 1.01 |
| Up Capture | -39% | 40% | 91% | 74% | 253% | 8% |
| Bmk +ve Days | 6 | 16 | 27 | 66 | 132 | 424 |
| Stock +ve Days | 8 | 16 | 24 | 52 | 105 | 323 |
| Down Capture | 26% | 172% | 249% | 181% | 166% | 109% |
| Bmk -ve Days | 16 | 26 | 37 | 60 | 120 | 328 |
| Stock -ve Days | 12 | 22 | 36 | 68 | 136 | 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 | -37.3% | 462.0% | 0.67 | - |
| Sector ETF (XLK) | 27.1% | 26.7% | 0.86 | 5.7% |
| Equity (SPY) | 14.8% | 12.7% | 0.80 | 4.6% |
| Gold (GLD) | -2.2% | 28.4% | -0.09 | 8.9% |
| Commodities (DBC) | 52.1% | 20.7% | 1.91 | 5.3% |
| Real Estate (VNQ) | 4.7% | 13.9% | 0.08 | 2.2% |
| Bitcoin (BTCUSD) | -22.4% | 43.4% | -0.47 | 4.1% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with AZIO | |
|---|---|---|---|---|
| AZIO | -18.3% | 730.2% | 0.48 | - |
| Sector ETF (XLK) | 19.6% | 26.0% | 0.67 | 0.6% |
| Equity (SPY) | 13.0% | 17.1% | 0.57 | 0.5% |
| Gold (GLD) | 17.1% | 18.9% | 0.72 | 1.0% |
| Commodities (DBC) | 9.3% | 19.5% | 0.36 | 0.4% |
| Real Estate (VNQ) | 1.1% | 18.9% | -0.05 | 0.7% |
| Bitcoin (BTCUSD) | 8.0% | 51.7% | 0.33 | -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 | -35.4% | 546.0% | 0.37 | - |
| Sector ETF (XLK) | 23.9% | 25.1% | 0.86 | 1.5% |
| Equity (SPY) | 15.4% | 17.9% | 0.73 | 1.3% |
| Gold (GLD) | 11.9% | 16.4% | 0.59 | 0.9% |
| Commodities (DBC) | 8.3% | 18.1% | 0.37 | 1.0% |
| Real Estate (VNQ) | 5.2% | 20.7% | 0.21 | 1.0% |
| Bitcoin (BTCUSD) | 63.0% | 66.2% | 1.03 | -0.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Updated 9/28/2026| 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% |
| SUMMARY STATS | |||
| # Positive | 2 | 1 | 4 |
| # Negative | 3 | 4 | 1 |
| Median Positive | 2.6% | 74.5% | 9.3% |
| Median Negative | -3.0% | -6.4% | -13.5% |
| Max Positive | 4.5% | 74.5% | 184.0% |
| Max Negative | -8.1% | -11.4% | -13.5% |
| 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% |
| SUMMARY STATS | |||
| # Positive | 2 | 1 | 4 |
| # Negative | 3 | 4 | 1 |
| Median Positive | 2.6% | 74.5% | 9.3% |
| Median Negative | -3.0% | -6.4% | -13.5% |
| Max Positive | 4.5% | 74.5% | 184.0% |
| Max Negative | -8.1% | -11.4% | -13.5% |
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: 10/22/2026