# ActiveOps Limited (AOM.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Technology / Software. Price 186p, market value 133 millionp.

## Valuation
- **P/E (trailing): n/a** (negative earnings). ActiveOps Limited reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 2.0×**. Each dollar of revenue is priced at 2.0×.
- **Price / book: 15.8×**. The shares trade at 15.8× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 56.4×**. Enterprise value is 56.4× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 17.1%** (5-yr avg 0.0%). Free cash flow equals 17.1% of the market value, above its five-year average of 0.0%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.

## Profitability
- **Gross margin: 80.3%**. ActiveOps Limited keeps 80.3% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: -3.4%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -5.1%**. The company reported a net loss over the last twelve months.
- **Return on equity: -27.3%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 14.5%**. Return on all capital, debt included, is 14.5%.
- **Return on assets: -4.9%**. Each dollar of assets produces -4.9% of profit.

## Growth
- **Revenue growth (1 yr): 47.7%** (3-yr 20.9%/yr, 5-yr 17.2%/yr). Revenue grew 47.7% over the last year, against 17.2% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): -316.8%**. Earnings per share fell 316.8%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 79.7%/yr**. Free cash flow has compounded at 79.7% a year over three years.

## Financial health
- **Debt to equity: 0.01**. Debt is 0.01 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. ActiveOps Limited holds more cash than debt.
- **Interest coverage: -14.0×**. Operating profit covers interest only -14.0×: fragile.
- **Current ratio: 0.68** (quick 0.68). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 2.44**. A Z-score of 2.44 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. ActiveOps Limited does not currently pay a dividend, but it returned -0.0% of its market value through buybacks over the last year.

## Price and momentum
- **Total return (1 yr): 5.6%** (YTD -18.8%, 3-mo -22.8%). The shares are up 5.6% over twelve months including dividends.
- **From 52-week high: -35.9%** (12.0% above the low). Trading 36% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 32**. An RSI of 32 is neutral.
- **Beta (1 yr): 0.62** (volatility 43%). Beta of 0.62 against the FTSE All-Share: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=AOM.L · Page: https://foliofundamentals.com/stocks/aom.l

Not investment advice.