Technology · Software - Application
Price
$1.09
Market Cap
$5.0M
Employees
9
Beta
0.94
Avg Volume
3,342,061
CEO
Ann Marie Sastry
Business Description
Amesite Inc. is a Detroit, Michigan-based company, founded in 2017, that specializes in developing AI-powered online learning platforms and course content. Operating across the United States, the firm delivers digital educational solutions by leveraging advanced machine learning to provide highly personalized learning experiences on a broad scale. Their diverse clientele includes corporate entities, higher education institutions, K-12 school systems, and non-profit organizations.
Business History
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALCStock Price / EPS (Diluted)
-1.06
Stock Price: $1.09
EPS (Diluted): -1.03
EPS (Diluted): -1.03
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
3.46
Stock Price: $1.09
Total Equity: $2.74M
Shares: 3,525,672
Total Equity: $2.74M
Shares: 3,525,672
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
-2.25
Market Cap: $4.96M
Total Debt: $0.00
Cash: $2.33M
EBITDA: -$3.18M
Total Debt: $0.00
Cash: $2.33M
EBITDA: -$3.18M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$7.2M
Market Cap: $4.96M
Total Debt: $0.00
Cash: $2.33M
Total Debt: $0.00
Cash: $2.33M
P/S Ratio (Price per dollar of revenue)
APIStock Price / Revenue Per Share
85.86
Stock Price: $1.09
Revenue: $110,459
Shares: 3,525,672
Revenue: $110,459
Shares: 3,525,672
EV/Sales (Total value vs revenue — works when P/E can't)
API64.74
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
100.0%
Gross Profit: $110,459
Revenue: $110,459
Revenue: $110,459
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
-3,262.4%
Operating Income: -$3.60M
Revenue: $110,459
Revenue: $110,459
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
-3,274.6%
Net Income: -$3.62M
Revenue: $110,459
Revenue: $110,459
ROE (Profit from shareholder equity)
CALCNet Income / Total Equity
-132.1%
Net Income: -$3.62M
Total Equity: $2.74M
Total Equity: $2.74M
ROIC (Profit from all invested capital)
CALCNOPAT / Invested Capital
-889.6%
Operating Income: -$3.60M
Tax Rate: 0.0%
Equity: $2.74M
Total Debt: $0.00
Cash: $2.33M
Tax Rate: 0.0%
Equity: $2.74M
Total Debt: $0.00
Cash: $2.33M
Zero debt — invested capital = equity minus cash (very efficient)
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
6.79
Current Assets: $2.43M
Current Liabilities: $358,596
Current Liabilities: $358,596
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.00
Short-Term Debt: $0.00
Long-Term Debt: $0.00
Total Debt: $0.00
Total Equity: $2.74M
Long-Term Debt: $0.00
Total Debt: $0.00
Total Equity: $2.74M
Zero debt — this company carries no debt obligations. Strongest possible score.
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$0.03
Revenue: $110,459
Shares: 3,525,672
Shares: 3,525,672
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$0.78
Total Equity: $2.74M
Shares: 3,525,672
Shares: 3,525,672
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$-0.80
Operating CF: -$2.46M
CapEx: -$378,300
Shares: 3,525,672
CapEx: -$378,300
Shares: 3,525,672
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $1.09
Stock Price: $1.09
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: -$3.62M
Net Income: -$3.62M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares AMST against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 24, 2026 6:25pm (2d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $674,580 | $697,000 | $845,009 | $166,881 | $110,459 |
| Cost of Revenue | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $674,580 | $697,000 | $845,009 | $166,881 | $110,459 |
| Operating Expenses | $8.6M | $9.8M | $5.1M | $4.7M | $3.7M |
| Operating Income | -$8.0M | -$9.1M | -$4.2M | -$4.6M | -$3.6M |
| Net Income | -$11.6M | -$9.1M | -$4.2M | -$4.4M | -$3.6M |
| EBITDA | -$7.2M | -$8.2M | -$3.5M | -$3.9M | -$3.2M |
| EPS | $-8.87 | $-4.68 | $-1.68 | $-1.73 | $-1.03 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 24, 2026 6:25pm (2d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $10.7M | $7.2M | $5.4M | $2.1M | $2.3M |
| Total Current Assets | $11.1M | $7.7M | $5.5M | $2.6M | $2.4M |
| Total Assets | $12.5M | $8.9M | $6.3M | $3.3M | $3.1M |
| Current Liabilities | $741,743 | $748,108 | $265,327 | $798,465 | $358,596 |
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $741,743 | $748,108 | $265,327 | $798,465 | $358,596 |
| Total Equity | $11.7M | $8.1M | $6.1M | $2.5M | $2.7M |
| Retained Earnings | -$20.2M | -$29.3M | -$33.4M | -$37.8M | -$41.5M |
Cash Flow (Annual)
Last updated: Jun 24, 2026 6:25pm (2d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$5.3M | -$6.7M | -$3.2M | -$2.8M | -$2.5M |
| Capital Expenditure | $-842,326 | $-711,622 | $-396,033 | $-375,866 | $-378,300 |
| Free Cash Flow | -$6.2M | -$7.4M | -$3.6M | -$3.2M | -$2.8M |
| Acquisitions (net) | $0 | $0 | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $6.6M | -$3.6M | -$1.8M | -$3.2M | $262,402 |
Analyst Estimates (Annual)
Last updated: Jun 26, 2026 7:12pm (13h ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue |
$2.0M $2.0M – $2.0M
|
$5.9M $5.9M – $5.9M
|
$10.2M $10.2M – $10.2M
|
$10.2M $10.2M – $10.2M
|
| EBITDA |
-$2.0M -$2.0M – -$2.0M
|
-$5.9M -$5.9M – -$5.9M
|
-$10.2M -$10.2M – -$10.2M
|
-$10.2M -$10.2M – -$10.2M
|
| Net Income |
-$3.4M -$3.4M – -$3.4M
|
$0 |
$4.7M $4.7M – $4.7M
|
$4.7M $4.7M – $4.7M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 24, 2026 6:25pm (2d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +3.3% | +21.2% | -80.3% | -33.8% |
| Gross Profit Growth | +3.3% | +21.2% | -80.3% | -33.8% |
| Operating Income Growth | -13.6% | +53.4% | -8.4% | +21.3% |
| Net Income Growth | +21.8% | +54.2% | -6.0% | +17.9% |
| EBITDA Growth | -13.2% | +57.5% | -11.5% | +17.7% |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for AMST — it's generated by the pipeline (
market-narrative step).
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My Notes
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30