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Aeluma, Inc.

ALMUTechnologyNASDAQ

Semiconductors

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Financials · Annual
Revenue
$4.7M
+407.6% YoY
Net Income
-$3.0M
+33.8% YoY
EBITDA
-$1.9M
+55.5% YoY
Free Cash Flow
-$443,403

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About Aeluma, Inc.

Aeluma, Inc. develops optoelectronic and electronic devices for sensing, communication, and computing applications in the United States. At a $395.0M market cap, Aeluma, Inc. ranks as a small-cap company within technology. The company produces semiconductor materials and chips using compound semiconductors on diameter substrates that are used to manufacture mass market microelectronics.

Key stats
Market Cap$395.0M
Fwd P/E-87.49
EPS$-0.35
Beta-0.09
52W Change+31.4%
ROE-20.7%
Analysis

The balance sheet looks solid with $37.8M in cash comfortably exceeding the $1.1M debt load. A net cash position generally provides financial flexibility during uncertain economic periods. Free cash flow is running at -$443K, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at -20.7%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits.

ALMU's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Aeluma, Inc.'s trajectory.

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