FiEE (FIEE)
Market Price (12/27/2025): $2.51 | Market Cap: $15.8 MilSector: Information Technology | Industry: Communications Equipment
FiEE (FIEE)
Market Price (12/27/2025): $2.51Market Cap: $15.8 MilSector: Information TechnologyIndustry: Communications Equipment
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -32% | Weak multi-year price returns2Y Excs Rtn is -63%, 3Y Excs Rtn is -98% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -1.0 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -48% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 125%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 125% | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -5.6%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -43% | |
| Attractive yieldFCF Yield is 14% | Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 27% | |
| 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 -11% | ||
| Key risksFIEE key risks include [1] a potential Nasdaq delisting due to compliance failures, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -32% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 125%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 125% |
| Attractive yieldFCF Yield is 14% |
| Weak multi-year price returns2Y Excs Rtn is -63%, 3Y Excs Rtn is -98% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -1.0 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -48% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -5.6%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -43% |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 27% |
| 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 -11% |
| Key risksFIEE key risks include [1] a potential Nasdaq delisting due to compliance failures, Show more. |
Why The Stock Moved
Qualitative Assessment
AI Analysis | Feedback
Here are the key points for why FiEE's stock moved by 2.2% in the approximate time period from August 31, 2025, to December 27, 2025:
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<b>1. Strong Fiscal 2025 Third Quarter Unaudited Financial Results:</b> On November 12, 2025, FiEE announced impressive third-quarter results for the period ending September 30, 2025. The company reported a significant increase in net sales of $1,939,542 for the three months ended September 30, 2025, a substantial rise from the previous quarter, and a 210% year-over-year increase in net sales for the nine months ended September 30, 2025. Gross profit also saw a significant increase, and the net loss for the quarter was reduced to $252,985, a considerable decrease from the previous year, highlighting the effectiveness of its strategic pivot to SaaS solutions.
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<b>2. Strategic Acquisition of Japanese Firm Houren-Geiju:</b> FiEE announced on December 2, 2025, the acquisition of 100% of the Japanese firm Houren-Geiju for $3.5 million. This acquisition, which closed on November 30, 2025, is set to bolster FiEE's AI and blockchain capabilities, expanding its brand-management and MCN digital services. Houren-Geiju specializes in AI and blockchain-based digital authentication for art, bringing five software copyrights and eight patent applications to FiEE.
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<b>3. Successful Participation in the 2025 Osaka World Expo:</b> From August 26-28, 2025, FiEE successfully showcased its latest SaaS products and authentication technologies for brand management solutions at the 2025 World Expo Osaka. The company demonstrated algorithmic verification systems, high-efficiency file transfer systems, and blockchain-powered traceability solutions, with CEO Rafael Li emphasizing the company's transition from hardware to digital brand management.
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<b>4. Successful Strategic Transformation and Focus on SaaS Solutions:</b> Throughout 2025, FiEE continued its strategic transformation to focus on broader market opportunities by integrating IoT, connectivity, and AI for brand management solutions. The strong Q3 results and new product showcases at the Osaka Expo underscore the successful execution of this pivot to cloud-managed connectivity platforms and SaaS solutions.
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<b>5. Positive Market Sentiment towards AI and Technology Stocks:</b> The broader market conditions during Q3 and Q4 2025 saw a strong rally in technology stocks, fueled by the artificial intelligence boom and expectations of a more accommodative Federal Reserve with interest rate cuts. This general positive sentiment in the tech sector likely provided a favorable environment for FiEE, complementing its AI-focused strategic initiatives and contributing to overall stock movement.
Show moreStock Movement Drivers
Fundamental Drivers
The 1.5% change in FIEE stock from 9/26/2025 to 12/26/2025 was primarily driven by a 4298.8% change in the company's Total Revenues ($ Mil).| 9262025 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 2.72 | 2.76 | 1.47% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 0.05 | 1.98 | 4298.82% |
| P/S Multiple | 306.93 | 8.76 | -97.15% |
| Shares Outstanding (Mil) | 5.09 | 6.30 | -23.67% |
| Cumulative Contribution | -4.22% |
Market Drivers
9/26/2025 to 12/26/2025| Return | Correlation | |
|---|---|---|
| FIEE | 1.5% | |
| Market (SPY) | 4.3% | 15.1% |
| Sector (XLK) | 5.1% | 11.9% |
Fundamental Drivers
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Market Drivers
6/27/2025 to 12/26/2025| Return | Correlation | |
|---|---|---|
| FIEE | ||
| Market (SPY) | 12.6% | 9.3% |
| Sector (XLK) | 17.0% | 7.3% |
Fundamental Drivers
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Market Drivers
12/26/2024 to 12/26/2025| Return | Correlation | |
|---|---|---|
| FIEE | ||
| Market (SPY) | 15.8% | 9.3% |
| Sector (XLK) | 22.3% | 7.3% |
Fundamental Drivers
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Market Drivers
12/27/2023 to 12/26/2025| Return | Correlation | |
|---|---|---|
| FIEE | ||
| Market (SPY) | 48.0% | 9.3% |
| Sector (XLK) | 53.7% | 7.3% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| FIEE Return | - | - | - | - | - | -21% | -21% |
| Peers Return | 16% | 38% | -12% | 21% | 26% | 16% | 150% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 18% | 114% |
Monthly Win Rates [3] | |||||||
| FIEE Win Rate | - | - | - | - | - | 67% | |
| Peers Win Rate | 52% | 65% | 42% | 68% | 57% | 52% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| FIEE Max Drawdown | - | - | - | - | - | -52% | |
| Peers Max Drawdown | -34% | -5% | -26% | -7% | -9% | -23% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL.
[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] 2025 data is for the year up to 12/26/2025 (YTD)
How Low Can It Go
FIEE has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.
| Event | XLK | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -34.0% | -25.4% |
| % Gain to Breakeven | 51.6% | 34.1% |
| Time to Breakeven | 278 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -31.5% | -33.9% |
| % Gain to Breakeven | 46.0% | 51.3% |
| Time to Breakeven | 79 days | 148 days |
| 2018 Correction | ||
| % Loss | -24.1% | -19.8% |
| % Gain to Breakeven | 31.8% | 24.7% |
| Time to Breakeven | 105 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -53.6% | -56.8% |
| % Gain to Breakeven | 115.3% | 131.3% |
| Time to Breakeven | 1,183 days | 1,480 days |
Compare to HPQ, HPE, IBM, CSCO, AAPL
In The Past
SPDR Select Sector Fund's stock fell -34.0% during the 2022 Inflation Shock from a high on 12/27/2021. A -34.0% loss requires a 51.6% gain to breakeven.
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Asset Allocation
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AI Analysis | Feedback
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AI Analysis | Feedback
I am unable to identify a publicly traded company with the name "FiEE" and stock symbol "FIEE" in major financial databases or public company registries. Therefore, I cannot identify its major products or services.AI Analysis | Feedback
Upon reviewing available public company data, it appears that "FiEE" with the stock symbol "FIEE" is not currently listed as a publicly traded company on major stock exchanges.
Therefore, I am unable to identify its major customers or customer categories, as the company does not seem to exist in the public domain as described.
AI Analysis | Feedback
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AI Analysis | Feedback
The management team of FiEE, Inc. (FIEE) includes its Chief Executive Officer, Chief Financial Officer, and several independent directors.Wai Chung Li, Chief Executive Officer
Mr. Li has extensive experience in accounting, corporate management, and finance management. His career includes significant roles at Deloitte China, Shanghai Prime Machinery Company Limited, and Lens Technology Co., Ltd. He has also held key positions in investment management, business consulting, and directorial roles in publicly listed companies. Additionally, Mr. Li has served as the chair of the Audit Committees for Fulu Holdings and Taizhou Water Group in Hong Kong, and Nedschroef in the Netherlands.
Cao Yu, Chief Financial Officer, Secretary, Treasurer and Director
Ms. Cao possesses a wealth of experience in financial management, overseeing financial operations, strategic planning, risk management, and reporting to ensure financial health and compliance. Her previous roles include serving as the treasury director of Taifeng Cultural Communication Co., Ltd (November 2018 to November 2024), a business manager of Yangfeng Art Exchange Co., Ltd (February 2016 to October 2018), and a treasury officer of the financial department of Suzhou Industrial Park Xinfushida Plastic Profile Products Co., Ltd (March 2011 to January 2016).
Bin Hu, Independent Chairman
Mr. Hu serves as an Independent Chairman on the Board of Directors.
David Natan, Independent Director
Mr. Natan is an Independent Director on the Board of Directors.
Oi Fat Chan, Independent Director
Mr. Chan serves as an Independent Director on the Board of Directors.
AI Analysis | Feedback
The key risks to FiEE (symbol: FIEE) are:
- Compliance Issues and Delisting Risk: FiEE has encountered compliance issues with Nasdaq's listing standards, specifically regarding shareholder approval rules and board independence. The company received a notice of deficiencies and had to settle to prevent immediate delisting, with plans to present its case to the Nasdaq Hearings Panel. Maintaining compliance with Nasdaq listing standards is a crucial factor, and failure to do so could materially impact the company's projected results.
- Financial Challenges and Weak Financial Health: FiEE faces significant financial challenges, as indicated by an EBITDA of -$1.21 million and a weak overall financial health score, according to InvestingPro analysis. The success of the company's strategic transformation is considered vital for its future stability. Additionally, the company's stock has shown significant volatility.
- Negative Investor Reaction to Strategic Moves and Acquisitions: The company's stock experienced a substantial decline after its $3.5 million acquisition of a Japanese technology firm, reflecting a negative investor reaction despite management's optimistic outlook. This highlights the risk that strategic decisions, such as acquisitions or broader strategic transformations, may not be well-received by the market, leading to significant stock price drops.
AI Analysis | Feedback
nullAI Analysis | Feedback
nullAI Analysis | Feedback
FiEE (NASDAQ: FIEE) is expected to drive future revenue growth over the next 2-3 years through several key initiatives, primarily stemming from its strategic transformation from a legacy hardware operation to a focus on digital brand management solutions, integrating IoT, connectivity, and AI.
Here are the expected drivers:
- Expansion of SaaS Offerings and Customer Acquisition: FiEE launched new Software as a Service (SaaS) products in March 2025, including the "FiEE All-in-One Media Operations SaaS Platform" designed for content creation, multi-platform publishing, data analytics, and collaboration tools for media teams and individual creators. The company also introduced a Key Opinion Leader (KOL) community platform. By June 30, 2025, FiEE had onboarded 245 customers for its SaaS services, demonstrating early traction and secured sales contracts.
- Global Market Expansion: FiEE is actively pursuing an expanded global footprint, highlighted by its participation in the INTEX Osaka international trade fair in 2025. This expansion aims to introduce its proprietary SaaS platform and authentication technologies to international visitors and cultivate a worldwide community of KOLs, thereby extending its reach in the international market.
- Strategic Acquisitions and Technology Integration: The company has strategically acquired intellectual property and fixed assets, including advanced product authentication technologies, high-efficiency file transfer systems, and blockchain-powered Know Your Customer (KYC) solutions. These acquisitions are intended to enhance FiEE's technological capabilities and market presence in the IoT, connectivity, and AI sectors, strengthening its brand management solutions.
- Growth in its Cloud-Managed Connectivity (WiFi) Platform and Professional Services: Beyond its new SaaS focus, FiEE continues to offer and grow its Cloud-Managed Connectivity (WiFi) Platform, IoT Hardware Sales & Licensing, and Professional To-C and To-B Services & Support. These established service categories contribute to a diversified revenue stream, with ongoing efforts to integrate AI and data analytics into content creation and brand management across these services.
AI Analysis | Feedback
Here is a summary of FiEE's (formerly Minim, Inc.) capital allocation decisions over the last 3-5 years:Share Repurchases
There is no publicly available information indicating any share repurchase programs or actual share repurchases made by FiEE (or Minim, Inc.) within the last 3-5 years.
Share Issuance
- On April 17, 2023, Minim Inc. executed a 1-for-25 reverse stock split, reducing the number of outstanding common shares from approximately 47.15 million to about 1.89 million.
- On October 27, 2025, stockholders approved the issuance of 1,235,814 common shares upon the conversion of a $300,000 convertible note. [cite: 10 in previous turn, 15 in previous turn]
- Additionally, 404,002 shares became exercisable from a July 2025 warrant at an exercise price of $0.01 per share following stockholder approval on October 27, 2025. [cite: 10 in previous turn, 15 in previous turn] The FiEE, Inc. 2025 Equity Incentive Plan was also approved, reserving 1,394,230 shares for future issuance. [cite: 9 in previous turn, 15 in previous turn]
Inbound Investments
No large inbound investments made by third-parties (e.g., strategic partners or private equity firms) in FiEE have been publicly disclosed within the last 3-5 years, beyond capital raised through the conversion of debt or exercise of warrants.
Outbound Investments
- FiEE is in the process of acquiring 100% of the equity interests of Suzhou Yixuntong Network Technology Co., Ltd., which includes intellectual property and fixed assets. The completion deadline for this acquisition has been extended to March 25, 2026. [cite: 1, 3 in previous turn]
- In 2023, the company, then known as Minim, Inc., merged with e2Companies. [cite: 6 in previous turn]
- The company unveiled new SaaS products in March 2025, securing sales contracts with new clients, and solidified a strategic agency and cooperation agreement to participate in the international trade fair held at INTEX Osaka. [cite: 3 in previous turn]
Capital Expenditures
Specific dollar values for capital expenditures, expected capital expenditures for the upcoming year, and the primary focus of these expenditures for FiEE (or Minim, Inc.) for the last 3-5 years are not readily available in the provided public information.
Trade Ideas
Select ideas related to FIEE. For more, see Trefis Trade Ideas.
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| 11212025 | CRM | Salesforce | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 17.0% | 17.0% | -0.1% |
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Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for FiEE
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 51.32 |
| Mkt Cap | 158.8 |
| Rev LTM | 56,496 |
| Op Inc LTM | 7,584 |
| FCF LTM | 7,327 |
| FCF 3Y Avg | 7,366 |
| CFO LTM | 8,590 |
| CFO 3Y Avg | 8,697 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 5.2% |
| Rev Chg 3Y Avg | 2.2% |
| Rev Chg Q | 9.1% |
| QoQ Delta Rev Chg LTM | 2.1% |
| Op Mgn LTM | 12.1% |
| Op Mgn 3Y Avg | 11.9% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 22.2% |
| CFO/Rev 3Y Avg | 17.1% |
| FCF/Rev LTM | 20.1% |
| FCF/Rev 3Y Avg | 12.1% |
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/12/2025 | -26.2% | -14.0% | 15.2% |
| 8/13/2025 | -3.8% | -0.7% | -2.1% |
| 3/29/2023 | |||
| 11/10/2022 | |||
| 8/4/2022 | |||
| 5/11/2022 | |||
| 2/28/2022 | |||
| 11/2/2021 | |||
| ... | |||
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 1 |
| # Negative | 14 | 14 | 13 |
| Median Positive | 15.2% | ||
| Median Negative | -15.0% | -7.3% | -2.1% |
| Max Positive | 15.2% | ||
| Max Negative | -26.2% | -14.0% | -2.1% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11122025 | 10-Q 9/30/2025 |
| 6302025 | 8132025 | 10-Q 6/30/2025 |
| 3312025 | 5152025 | 10-Q 3/31/2025 |
| 12312024 | 4102025 | 10-K 12/31/2024 |
| 9302024 | 11192024 | 10-Q 9/30/2024 |
| 6302024 | 8202024 | 10-Q 6/30/2024 |
| 3312024 | 5202024 | 10-Q 3/31/2024 |
| 12312023 | 4122024 | 10-K 12/31/2023 |
| 9302023 | 1082024 | 10-Q 9/30/2023 |
| 6302023 | 11132023 | 10-Q 6/30/2023 |
| 3312023 | 11132023 | 10-Q 3/31/2023 |
| 12312022 | 3312023 | 10-K 12/31/2022 |
| 9302022 | 11142022 | 10-Q 9/30/2022 |
| 6302022 | 8192022 | 10-Q 6/30/2022 |
| 3312022 | 5122022 | 10-Q 3/31/2022 |
| 12312021 | 3312022 | 10-K 12/31/2021 |
Insider Activity
Expand for More| Owner | Title | Filing Date | Action | Price | Shares | TransactedValue | Value ofHeld Shares | Form | |
|---|---|---|---|---|---|---|---|---|---|
| 0 | Yu Cao | Chief Financial Officer | 5132025 | Buy | 1.64 | 1,585,366 | 2,600,000 | 2,600,000 | Form |
| 1 | Bin Hu | 5132025 | Buy | 1.64 | 853,659 | 1,400,001 | 1,400,001 | Form | |
| 2 | HITCHCOCK JEREMY P. | 1152025 | Sell | 0.03 | 72,454 | 2,485 | Form | ||
| 3 | HITCHCOCK ELIZABETH CASH | 1152025 | Sell | 0.03 | 12,613 | 433 | Form | ||
| 4 | Lazar David E. | 12312024 | Buy | 0.03 | 1,456,980 | 49,974 | 50,832 | Form |
External Quote Links
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| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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