Hotel101 Global Holdings Corp. Class A (HBNB) AI Stock Analysis
HBNB AI stock analysis summary
AI ResearchHotel101 Global Holdings Corp. (HBNB) operates an international prop-tech hospitality platform. Revenue grew 1177.7% in FY2025 to $75.9M, though net income remained negative at -$26.7M. The company holds net cash of $13.4M while trading at a price-to-sales multiple of 14.4x.
- Market cap
- $1.09B
- Revenue (TTM)
- $75.9M
- P/E
- —
- 1Y return
- 30.8% S&P 500 16.8%
- Avg. target
- —
Bull case
- Revenue surged 1177.7% in FY2025 to $75.9M, achieving a 2-year revenue CAGR of 22965.6%.
- Operating margin transitioned to positive territory at 1.9% in FY2025 from -81.6% in FY2024.
- The balance sheet holds net cash of $13.4M with a low debt-to-equity ratio of 0.07 as of December 31, 2025.
Bear case
- Net losses widened to -$26.7M in FY2025, corresponding to a negative net margin of -35.2%.
- Free cash flow remained deeply negative at -$43.2M in FY2025 following operating cash flow of -$42.2M.
- Valuation is elevated with a price-to-sales multiple of 14.4x, well above the US-listed Real Estate peer median of 3.7x.
What Hotel101 Global does
Hotel101 Global Holdings Corp. operates a prop-tech hospitality platform internationally. Based in Singapore, Singapore, the company is involved in the pre-sales of units from each hotel's construction phase as well as long-term recurring revenue derived from day-to-day hotel operations. Hotel101 Global Holdings Corp. operates as a subsidiary of DoubleDragon Corporation and has 60 employees. It completed its IPO in 2025.
Growth and profitability
Revenue expanded from $1,426 in FY2023 to $5.9M in FY2024 and reached $75.9M in FY2025, reflecting a 2-year revenue CAGR of 22965.6%. In FY2025, revenue grew 1177.7% year-over-year. Gross margin contracted from 100.0% in FY2023 to 43.3% in FY2024 and 42.8% in FY2025. Operating margin improved from -145176.6% in FY2023 and -81.6% in FY2024 to positive 1.9% in FY2025. Despite operating profitability in FY2025, net income was -$26.7M with a net margin of -35.2%, compared to -$6.5M in FY2024 and -$2.2M in FY2023. For the trailing twelve months ended December 31, 2025, quarterly revenue growth was 892.6% year-over-year, and EPS TTM was -$0.13.
Balance sheet and cash flow
As of December 31, 2025, the company held $14.7M in cash and short-term investments alongside total debt of $1.2M, resulting in net cash of $13.4M. Shareholders' equity stood at $17.1M with total assets of $152.3M, yielding a debt-to-equity ratio of 0.07 and a current ratio of 1.01. Operating cash flow in FY2025 was -$42.2M, leading to free cash flow of -$43.2M. For cash deployment in FY2025, capital expenditures totaled $923,019, while share buybacks were $1,284.
Valuation and performance
With a market capitalization of $1.09B and enterprise value of $1.11B, the stock trades at a price-to-sales multiple of 14.4x and an EV-to-revenue ratio of 14.6x. This stands at a premium to the median of its US-listed Real Estate peers, which trades at a price-to-sales multiple of 3.7x across 255 peers. Over the past year, the stock returned 30.8%, outpacing the S&P 500 return of 16.8%. However, year-to-date performance is -37.5%, and the share price of $4.67 sits 26.6% below its 200-day average.
What analysts expect
No analyst ratings, price targets, or earnings estimates are available for Hotel101 Global Holdings Corp. The company, which completed its IPO in 2025, reported trailing twelve month revenue of $75.9M through the quarter ended December 31, 2025. Shares last closed at $4.67 on October 16, 2026, trading between a 52-week low of $3.51 and a 52-week high of $10.43 without a scheduled next earnings date.
Key risks and what to watch
- Insider ownership is concentrated at 95.1%, while institutional ownership stands at 0.0%.
- Liquidity is tight with a current ratio of 1.01 and cash of $14.7M relative to FY2025 free cash flow of -$43.2M.
- The stock has been volatile, declining 37.5% year-to-date and trading 26.6% below its 200-day average.
- Return on equity is -289.0%, reflecting trailing twelve month losses against shareholders' equity of $17.1M.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this HBNB AI stock analysis
This page is an AI-written research summary of Hotel101 Global Holdings Corp. Class A (HBNB). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: HBNB income statement, HBNB balance sheet, HBNB key metrics, HBNB chart. See the HBNB stock overview for the latest quote and news.
HBNB AI stock analysis FAQ
What does Hotel101 Global Holdings Corp. do?
Hotel101 Global Holdings Corp. operates an international prop-tech hospitality platform based in Singapore. It generates revenue from pre-sales of hotel units during construction and long-term recurring revenue from day-to-day hotel operations.
Is Hotel101 Global Holdings Corp. profitable?
The company reported an operating margin of 1.9% in FY2025, but it is not profitable on a net basis. It recorded a net loss of -$26.7M in FY2025 and trailing twelve month EPS of -$0.13.
Who owns Hotel101 Global Holdings Corp.?
Hotel101 Global Holdings Corp. operates as a subsidiary of DoubleDragon Corporation. Insiders hold 95.1% of the shares, while institutions hold 0.0%.
What is the valuation of HBNB stock?
As of October 16, 2026, the stock trades at a price-to-sales multiple of 14.4x based on a market capitalization of $1.09B. This is above the median price-to-sales multiple of 3.7x for its US-listed Real Estate peers.
Does HBNB pay a dividend?
No, HBNB does not report dividend payments. In FY2025, its cash use included $923,019 in capital expenditures and $1,284 in share buybacks.