Connexa Sports Technologies Inc. (YYAI)

NASDAQ: YYAI · IEX Real-Time Price · USD
1.990
-0.110 (-5.24%)
At close: Apr 17, 2024, 4:00 PM
2.200
+0.210 (10.55%)
Pre-market: Apr 18, 2024, 5:47 AM EDT
-5.24%
Market Cap 44.12M
Revenue (ttm) 9.78M
Net Income (ttm) -9.84M
Shares Out 22.17M
EPS (ttm) -38.97
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,524,049
Open 1.760
Previous Close 2.100
Day's Range 1.670 - 2.150
52-Week Range 0.145 - 14.000
Beta 1.78
Analysts n/a
Price Target n/a
Earnings Date Mar 5, 2024

About YYAI

Connexa Sports Technologies Inc. operates as a sports company. It offers Slinger Launcher, a portable padel tennis ball launcher and pickleball launcher. The company also offers Gameface AI, a performance analytics application for sports. It delivers products, technologies, and services across the watch, play, and learn activities in sports. The company was formerly known as Slinger Bag Inc. and changed its name to Connexa Sports Technologies Inc. in May 2022. Connexa Sports Technologies Inc. is based in Windsor Mill, Maryland. [Read more]

Industry Leisure
Founded 2015
Employees 9
Stock Exchange NASDAQ
Ticker Symbol YYAI
Full Company Profile

Financial Performance

In 2023, YYAI's revenue was $9.92 million, a decrease of -38.38% compared to the previous year's $16.10 million. Losses were -$71.15 million, 37.4% more than in 2022.

Financial numbers in USD Financial Statements

News

Connexa Announces Entry into an Agreement to Acquire a 70% Stake in Yuanyu Enterprise Management Co., Limited for Cash and Shares

Windsor Mills, MD, March 21, 2024 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (Nasdaq:CNXA) today announced that, subject to shareholder approval, it has signed definitive share purchase and ...

27 days ago - GlobeNewsWire

Connexa Reports Third Quarter and Nine Months 2024 Financial Results and Provides Review of Operations

Revenue up 29 percent for the quarter ending January 31, 2024 Operating expenses reduced 26% year-to-date Operating loss improved 38% year-to-date Net income improved 92% for Q3 and 96% year-to-date R...

5 weeks ago - GlobeNewsWire

Connexa Announces that it has regained compliance with the Nasdaq Minimum Shareholder Equity Rule

Windsor Mills, MD, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (Nasdaq:CNXA) announces that the Nasdaq has confirmed that the Company has regained compliance with Nasdaq's minim...

2 months ago - GlobeNewsWire

Top 3 Consumer Stocks Which Could Rescue Your Portfolio This Month - Cazoo Gr (NYSE:CZOO), Connexa Sports Techs (NASDAQ:CNXA)

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.

Other symbols: CZOOUCAR
4 months ago - Benzinga

Connexa Reports Impressive Feedback for Slinger Artificial Intelligence App

Darren Cahill, ATP Coach Of The Year, Reviews App ‘Freemium' Launch Planned for February 2024

4 months ago - GlobeNewsWire

Connexa Upgrades Consumer Response Experience for its Slinger Bag Brand in the US market

Significant improvements experienced in first month. Response times reduced by 1000% Customer Satisfaction improves 12%

4 months ago - GlobeNewsWire

Connexa's Partnership With AdVenture Media Delivers Unprecedented Return on Digital Advertising Spend

Over the past 3 months, AdVenture Media have delivered close to $2 million in revenue for Slinger Bag with an average 18.9X Return on Advertising Spend (ROAS) including a staggering 35X ROAS in its me...

4 months ago - GlobeNewsWire

Connexa Reports Overwhelming Response to Request for Beta Testers of New Slinger AI Tennis App

Initial Outreach to First 1,500 Testers Will Start this Week   ‘Freemium' Launch Planned for February 2024 Beta Testing Sign Up Remains open

4 months ago - GlobeNewsWire

Connexa Announces Quarterly and Half Year Results

Windsor Mills, MD, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (Nasdaq:CNXA) reported operating results for the quarter and half year periods ended October 31, 2023 and provided...

5 months ago - GlobeNewsWire

Connexa Announces Expanded Patent Coverage for Its Popular Tennis Ball Launcher as Sales Top 70,000 Units Worldwide

US and Japanese Patents, Among Others, Cover Key Features of Slinger Bag Ball Launcher. Oscillator Plate and Ball Collector Tube

5 months ago - GlobeNewsWire

Connexa Reports Results of Quarterly Filing and Business Update

Windsor Mills, MD, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (Nasdaq:CNXA) reported operating results for the quarter ended July 31, 2023 and provided an update and review of ...

6 months ago - GlobeNewsWire

Connexa Announces Continued Growth for Tennis Ball Launcher

BALTIMORE, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (NASDAQ: CNXA) ( www.connexasports.com) is pleased to announce that its flagship consumer product, Slinger Bag ( www.slin...

6 months ago - GlobeNewsWire

Connexa Announces Overwhelming Demand for Pickleball Launcher

BALTIMORE, Oct. 06, 2023 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (NASDAQ: CNXA) (www.connexasports.com) is pleased to announce that its flagship consumer brand, Slinger Bag (www.slingerba...

6 months ago - GlobeNewsWire

Connexa Sports Technologies Inc. Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q

Baltimore, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (NASDAQ: CNXA) (www.connexasports.com) (the “Company”) announced that it received a letter from The Nasdaq Capital Market...

7 months ago - GlobeNewsWire

Connexa Sports Technologies Inc. Announces 1-40 Reverse Split

Baltimore, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (NASDAQ: CNXA) (www.connexasports.com) (the “Company”) announced that it will conduct a reverse stock split of its outsta...

7 months ago - GlobeNewsWire

Connexa Sports Technologies Inc. Announces Receipt of Notice from Nasdaq Regarding Late Filing of Annual Report on Form 10-K

Baltimore, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (NASDAQ: CNXA) (www.connexasports.com) (the “Company”) announced that it received a letter from The Nasdaq Stock Market LL...

9 months ago - GlobeNewsWire

CONNEXA Announces $5.0 Million Private Placement

BALTIMORE, Md., Sept. 28, 2022 (GLOBE NEWSWIRE) -- Connexa Sports Technologies, Inc. (NASDAQ: CNXA) (“Connexa”), today announced that it has entered into a securities purchase agreement with a single ...

1 year ago - GlobeNewsWire

Connexa Sports Expands its Industry-Leading Collegiate Tennis Technology Footprint with Latest Partnership

PlaySight's video tech will drive live streaming and performance tech capabilities at Lubbock Christian University, the latest college tennis partner of Connexa Sports

1 year ago - GlobeNewsWire

Connexa Sports Expands its Technology Footprint in the NBA

18 of the league's 30 organizations rely on the company's connected camera technology and automated, multi-angle video platform for their practice and training needs

1 year ago - GlobeNewsWire

Connexa Sports Welcomes Kirk P. Taylor, CPA to its Board of Directors

Current CFO at American Resources Corporation (NASDAQ: AREC) brings wealth of public markets experience

1 year ago - GlobeNewsWire

Connexa Sports Announces the Appointment of Gabriel Goldman to its Board of Directors

Mr. Goldman is a global technology leader who co-founded Pileus (acquired by Anodot in 2021) and worked previously at Intuit as a Senior Data Engineer

1 year ago - GlobeNewsWire

Connexa Sports Announces Major Platform Partnership

Connexa Sports to become the Official Tennis Analytics Partner of the Rhineland Tennis Federation in Germany, and with a full Connexa Sports integration including ball launchers, connected camera syst...

1 year ago - GlobeNewsWire

Connexa Sports Announces Results of Recent Survey Conducted Among Slinger Bag Owners

The Slinger Bag Tennis Ball Launcher is proving to be a catalyst for increased on-court abilities, enjoyment and fitness levels

1 year ago - GlobeNewsWire

Connexa Sports Announces the Appointment of Rohit Krishnan to its Board of Directors

Mr. Krishnan, a Venture Capitalist at London-based Unbound, is experienced as an investor and entrepreneur across tech, software and financial services

1 year ago - GlobeNewsWire

Connexa Sports Announces Another Successful Product Beta Test; Set to Release Slinger Bag Launcher for Padel this Fall to Global Market

The company is bringing its innovative Ball Launcher products into two new, high-growth racquet sport verticals this fall: Pickleball and Padel

1 year ago - GlobeNewsWire