ASFT Appsoft Technologies, Inc.

OTC Services-Prepackaged Software NV CIK: 0001651992
AI RATING
STRONG_SELL
95% Confidence

Investment Thesis

Appsoft Technologies is in severe financial distress with zero revenue, negative stockholders' equity of -$553.5K, and minimal cash position of only $8. The company is technically insolvent with liabilities vastly exceeding assets, negative operating cash flow, and no discernible business operations.

Strengths

  • + No long-term debt obligations reducing future refinancing risk

Risks

  • ! Negative stockholders' equity indicating technical insolvency
  • ! Zero revenue with no apparent operating business
  • ! Total liabilities ($553.5K) vastly exceed total assets ($8.00)
  • ! Negative operating cash flow of -$67.9K with minimal cash reserves
  • ! Extreme ROA of -935,250% indicating massive asset impairment
  • ! No insider buying activity suggesting lack of management confidence

Key Metrics to Watch

Financial Metrics

Revenue
0.0
Net Income
-74.8K
EPS (Diluted)
$-0.02
Free Cash Flow
-67.9K
Total Assets
8.0
Cash
8.0

Profitability Ratios

Gross Margin N/A
Operating Margin N/A
Net Margin N/A
ROE N/A
ROA -935,250.0%
FCF Margin N/A

Balance Sheet & Liquidity

Current Ratio
0.00x
Quick Ratio
0.00x
Debt/Equity
N/A
Debt/Assets
6,918,287.5%
Interest Coverage
-10.36x
Long-term Debt
N/A
Disclaimer: This analysis is generated by AI based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: 2026-03-20T05:38:09.238713 | Data as of: 2025-09-30 | Powered by Claude AI