Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Hapbee Technologies, Inc. is a company that specializes in wearable devices utilizing magnetic field technology. They are involved in both the development and sale of these innovative products. Their primary offering, the Hapbee wearable, integrates proprietary ultra-low radio frequency energy. This advanced technology works by emitting gentle electromagnetic signals specifically engineered to help users experience a range of desired states, such as elevated mood, increased focus, heightened alertness, profound relaxation, a sense of calm, and deeper sleep. Established in 2019, the company initially operated under the name Elevation Technologies, Inc. before officially rebranding as Hapbee Technologies, Inc. in May 2020. The firm's corporate headquarters are situated in Vancouver, Canada.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is neutral on EV/EBITDA.