Stocks · Financial Services · Shell Companies
Apex Treasury Corporation Class A APXT
$10.15 +0.00% Close, Oct 2, 2026 · NASDAQ · Market cap $1.89B
High quality
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The stock is in an uptrend: above its 200-day average for 35 trading days, with the 50-day average above the 200-day.
- Revenue over the last four quarters was $466.2M, down 18.1% from a year earlier.
- The company holds net cash of $400.9M (cash above total debt).
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 6%
- FCF growth (TTM, YoY)Bottom 14%
- Revenue growth accelerationTop 41%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 15%
- Gross marginTop 28%
- Operating marginBottom 21%
- Cash conversion (OCF / net income)Top 31%
- Accruals (lower is better)Top 17%
- Net debt / EBITDA (lower is better)Top 2%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 32%
- Free-cash-flow yieldBottom 37%
- EBITDA / enterprise valueBottom 27%
- Sales / enterprise valueTop 49%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 29%
- 6-month returnBottom 31%
- 1-year return vs S&P 500Bottom 36%
- Distance from 52-week highBottom 27%
- Trend checklist (0–4)Top 11%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 11%
- Maximum drawdown, 3 yearsBottom 24%
- Beta vs S&P 500 (lower is better)Top 26%
- Net debt / EBITDA (lower is better)Top 2%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -18.6% | -18.1% | ↑ |
| Gross margin | 75.0% | 73.4% | ↓ |
| Operating margin | 6.8% | 9.8% | ↑ |
| FCF margin | 27.7% | 21.9% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -18.1% | -18.6% | ↑ | Bottom 6% |
| Gross margin | 73.4% | 75.0% | ↓ | Top 28% |
| Operating margin | 9.8% | 6.8% | ↑ | Bottom 21% |
| Net margin | 15.3% | -6.5% | ↑ | — |
| Free-cash-flow margin | 21.9% | 27.7% | ↓ | — |
| Return on invested capital | 9.5% | — | Top 15% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.46×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -4.3%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 5.5%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +43.4 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- -27.34×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 6.82%
- Shareholder yield
- 6.82%
- Share count change, 1 year
- -3.6%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 11, 2026).
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 32.7× | — | — | Bottom 32% |
| EV / EBITDA | 101.8× | — | — | Bottom 27% |
| EV / Sales | 3.20× | — | — | Top 49% |
| Free-cash-flow yield | 5.38% | — | — | Bottom 37% |
| Earnings yield | 3.05% | — | — | Bottom 32% |
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 122
- Days above the 200-day average
- 35
- 50-day average slope (20 days)
- +0.3%
- 200-day average slope (20 days)
- +0.2%
- Distance from 50-day average
- +0.2%
- Distance from 200-day average
- +1.3%
- RSI (14)
- 60.1
- Relative volume
- 1.39×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 2.5%
- Volatility vs own 5-year history
- 18th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.33
- Correlation with S&P 500
- 0.12
- Current drawdown from 1-year high
- -18.2%
- Maximum drawdown, 3 years
- -41.8%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jan 14, 2021 | Nov 28, 2025 | -41.8% | 125 days | Not yet recovered |
| Nov 30, 2020 | Dec 2, 2020 | -12.4% | 2 days | 15 days (Dec 23, 2020) |
| Dec 24, 2020 | Jan 6, 2021 | -11.6% | 7 days | 4 days (Jan 12, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $1.89B
- P/E (TTM)
- 32.7
- EPS, diluted (TTM)
- $0.31
- Revenue (TTM)
- $466.2M
- 52-week range
- $9.87 – $12.55
| FY 2020 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Revenue | $0 | $330.5M | $419.5M |
| Gross profit | $0 | $248.0M | $310.7M |
| Operating income | -$5.5M | $7.2M | $33.0M |
| Net income | -$4.3M | -$29.1M | $35.1M |
| EPS (diluted) | -$0.10 | -$0.16 | $0.15 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $88.8M | $285.1M | $93.1M | $102.0M | $109.7M | $114.7M | $117.2M | $124.5M |
| Net income | $2.9M | -$46.2M | $3.6M | $2.9M | $13.0M | $15.6M | $15.3M | $27.6M |
| EPS (diluted) | $0.01 | -$1.16 | $0.02 | $0.01 | $0.06 | $0.06 | $0.07 | $0.12 |
| FY 2020 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Operating cash flow | -$2.4M | $88.9M | $85.3M |
| Capital expenditure | $0 | -$3.0M | -$3.7M |
| Free cash flow | -$2.4M | $85.8M | $81.6M |
| Dividends paid | $0 | $0 | $0 |
| Net share buybacks | $0 | -$33.1M | -$49.8M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $417.3M
- Total assets
- $757.0M
- Total liabilities
- $320.1M
- Total debt
- $16.3M
- Net debt
- -$400.9M
- Shareholders’ equity
- $436.9M
As of Jun 30, 2026 (filed Aug 11, 2026).
Short interest
- Shares sold short
- 12,575
- Days to cover
- 1.00
- Change vs previous report
- -6.9%
FINRA short interest, settlement date Sep 15, 2026.