Companies ›Consumer Non Cyclicals ›LSF.AX

LSF.AX — ASX Diversified Food Producers

L1 Long Short Fund Ltd

A$4,64

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Mcap

2,8B AUD

P/E

—

EV / Rev

—

Div yield

4,58 %

Op margin

73,5 %

ROE

5,1 %

Net margin

24,6 %

Debt / equity

0,00

Beta

—

52w range

—

Volume

—

Day range

—

Prev close

—

Open

—

Next earnings

2026-10-28

Ex-dividend

—

TR 1Y

—

About

L1 Long Short Fund Ltd is an investment fund that operates in the Diversified Investment Services industry, generating revenue primarily through management fees and performance-based returns from its investment portfolio.

Business. L1 Long Short Fund Ltd (LSF.AX) is a diversified investment services firm listed on the Australian Securities Exchange. The company operates within the Banking & Investment Services sector, generating revenue primarily through fee-based models. Specific details regarding operating segments, headquarters location, and geographic revenue mix are not available in the provided data.

Classification99 %

SectorConsumer Staples

Industry groupDiversified Food Producers

Generated · model-assisted

Sell-side consensus

BUY3 analysts

3 buy0 hold0 sell

Avg 12m price target5,00

Analyst recommendations

3 analysts · consensus Buy

Buy3

Hold0

Sell0

12-month price target

5,00

Consensus of sell-side coverage.

Upcoming events

EarningsQ3 2026 earnings (expected)2026-10-28 · estimated

See all catalysts →

At a glance

Score

—

not yet scored

Valuation

—

valuation pending

Analysts→

Buy

3 analysts · indicative

Ownership

—

not yet wired

Profitability→

5,1 %

return on equity

Quality

—

not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

No recent newsroom coverage mentioning LSF.

Sector rotation

Sector1D1Mvs mkt

Materials+2,3 %+6,6 %+1,7 %

Communication Services+2,2 %−5,5 %+1,6 %

Energy+0,6 %+3,3 %+0,0 %

Health Care+0,6 %−0,8 %+0,0 %

Information Technology+0,6 %+6,7 %+0,0 %

Consumer Discretionary+0,4 %+7,6 %−0,2 %

Financials−0,3 %−2,8 %−0,9 %

Consumer Staples · THIS SECTOR−0,4 %+2,5 %−1,0 %

Real Estate−0,7 %+10,9 %−1,3 %

Industrials−1,9 %−3,1 %−2,5 %

Utilities−1,9 %+28,2 %−2,5 %

Developing storylines

No tracked sagas currently linked to LSF.AX. Browse all sagas →

Analysis

AI analysis

Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

Opportunity

— missing data

Upcoming catalysts

Scheduled public events. Informational only — not investment advice.

Company
EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
Macro
Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
Macro & political
ElectionSE Swedish Election2026-09-14 · SE
ElectionUS U.S. Midterms2026-11-03 · US
ElectionFR French Legislative2027-06-01 · FR

Pre-earnings brief

— missing data

Signals & dispatch

peak dispatch · —

Composite-score breakdown

Synthesis

Business

L1 Long Short Fund Ltd (LSF.AX) is a diversified investment services firm listed on the Australian Securities Exchange. The company operates within the Banking & Investment Services sector, generating revenue primarily through fee-based models. Specific details regarding operating segments, headquarters location, and geographic revenue mix are not available in the provided data.

Classification99 %

SectorConsumer Staples

Industry groupDiversified Food Producers

AI synthesis

GENERATED

L1 Long Short Fund Ltd maintains a strong liquidity position, as evidenced by a current ratio of 1.67, indicating that its current assets exceed its current liabilities. The fund has no long-term debt, and its debt-to-equity ratio is 0.0, suggesting a conservative capital structure with no leverage. The price-to-book ratio of 1.41 and price-to-tangible-book ratio of 1.41 indicate that the fund is trading at a moderate premium to its book value.

In terms of profitability, the fund's return on equity (ROE) of 5.07% is below the typical industry benchmark for investment services, which often exceeds 10%. Its return on assets (ROA) of 1.96% also lags behind the median for the sector, suggesting that the fund is not generating strong returns relative to its asset base. The net income of $99.5 million on total assets of $5.08 billion reflects a relatively modest profit margin.

The fund's revenue is concentrated in a single business segment, as disclosed in its financial statements, with no geographic diversification provided in the available data. This lack of segment or geographic diversification could expose the fund to higher concentration risk, particularly in volatile market conditions.

Looking ahead, the fund's revenue is expected to grow, though the exact rate is not specified in the available data. The fund's operating income of $296.66 million and gross profit of $325.93 million suggest a stable core business, but the absence of detailed guidance for the next fiscal year limits the ability to assess future performance. The fund's liquidity position remains strong, with no immediate dilution or liquidity risks identified.

No recent filings or transcripts were identified in the available data that would indicate significant changes in the fund's operations or strategy. The fund appears to be maintaining a steady course, with no major events reported in the latest financial disclosures.

Key takeaways

L1 Long Short Fund Ltd has a conservative capital structure with no long-term debt and a current ratio of 1.67.
The fund's ROE of 5.07% and ROA of 1.96% are below typical industry benchmarks for investment services.
Revenue is concentrated in a single business segment, with no geographic diversification disclosed.
The fund's liquidity position is strong, with no immediate dilution or liquidity risks identified.
No recent filings or transcripts indicate significant operational or strategic changes.

Bull / Bear case

Generated · model-assisted

— missing data

In focus — financials by report

Valuation

Market price

A$4,64

Market cap

A$2.78B

Enterprise valueⓘ

—

P/Eⓘ

—

Non-GAAP P/Eⓘ

—

EV / Revenueⓘ

—

EV / Op incomeⓘ

—

EV / OCFⓘ

—

P / Bⓘ

1.4x

P / Tangible bookⓘ

1.4x

Tangible book

A$1.96B

Net cashⓘ

—

Current ratioⓘ

1.7

Debt / equityⓘ

0.0

ROAⓘ

2.0%

ROEⓘ

5.1%

Cash conversionⓘ

163.0%

CapEx / revenueⓘ

—

SBC / revenueⓘ

—

Dilution ratioⓘ

0.0%

Revenue by segment

Coffee Creamers—

low · business_description · 2026-07-03

Coffee Products—

low · business_description · 2026-07-03

Frozen Foods & Baking Products—

low · business_description · 2026-07-03

Hydration & Beverage Enhancers—

low · business_description · 2026-07-03

Business relationships

Business relationships1 disclosed relationship · 1 type · extracted from filings & disclosures

Vendors1

Amazon.Com IncAMZN.OVendor95%Source ↗

Supply chain

Vendors → LSF ↔ Partners → Customers · click any node to drill

1 mention in 10-K0 from corporate websites0 from news dispatches

Updated 2026-06-24

Peer comparison

Peer comparison8 peers · vs LSF · multiples and returns

JBS—

JBS

—

P/E

—

— vs self

Div yield

—

— vs self

ROE

—

— vs self

TSN—

Tyson Foods Inc

$59,61

21,1B USD

P/E

45,3x

+24,4 vs self

Div yield

—

— vs self

ROE

2,6 %

-10,3 vs self

MDLZ—

MONDELEZ INTERNATIONAL, INC.

$61,73

80,1B USD

P/E

28,9x

+8,1 vs self

Div yield

3,3 %

— vs self

ROE

10,1 %

-2,8 vs self

ADM—

Archer-daniels-midland Co

$78,06

37,8B USD

P/E

36,8x

+15,9 vs self

Div yield

2,5 %

— vs self

ROE

4,7 %

-8,2 vs self

KHC—

THE KRAFT HEINZ COMPANY

$26,44

31,3B USD

P/E

—

— vs self

Div yield

6,5 %

— vs self

ROE

-13,8 %

-26,8 vs self

BIP—

BIP.WA

—

P/E

—

— vs self

Div yield

—

— vs self

ROE

—

— vs self

GIS—

General Mills Inc

$36,08

19,4B USD

P/E

—

— vs self

Div yield

6,6 %

— vs self

ROE

-1,2 %

-14,1 vs self

PPC—

PILGRIM'S PRIDE LTD.

$27,92

6,6B USD

P/E

6,4x

-14,5 vs self

Div yield

—

— vs self

ROE

29,4 %

+16,5 vs self

Market position

Stress test

— missing data

Predictor forecast

Next quarternear-term

Earnings · next quarterconf 57 %

EPS

Consensus EPS

-0,22

Predicted surprise

+0,02

Beat probability

57 %

Analysts

Other metrics

Revenue

—

no estimate

Segment revenue

—

no estimate

Margin

—

no estimate

Segment margin

—

no estimate

as of 2026-05-08 · Earnings Surprise V1

Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.

Probabilistic model output — not investment advice. · generated 2026-08-04

Options

— missing data

Short squeeze

— missing data

Earnings-call key lines

— missing data

Estimate revisions

consensus EPS · 26-week trend

— missing data

Sell-side observations

LowA$4,00

MeanA$5,00

MedianA$5,00

HighA$6,00

SpotA$4,64

+7.8 %implied to mean12-month sell-side price targets · ▲ spot

Themes

— missing data

ESG

— missing data

Risk factors

Dilution riskLow

Liquidity riskLow

Filing-based flags

No immediate filing-based liquidity or dilution flags were detected.

Benchmarks vs cohort

Op Margin73,5 %Best in class

Net Margin24,6 %Best in class

ROE5,1 %Below median

D/E0,00Above median

Cash Conv1,63Above median

Corporate actions / M&A

— missing data

FX exposure

— missing data

Comparable transactions

— missing data

Derivatives & instruments

Derivative transactions

Net acquired 43 005 755 sh3 exercises4 insiders

NEXUS SPECIAL SITUATIONS III, L.P.10% owner · Series A Conv. Preferred Stock → Common StockAcquired 12 324 930 @ $3,57purchase · 2026-04-21
Nexus Capital Management LP10% owner · Series A Conv. Preferred Stock → Common StockAcquired 12 324 930 @ $3,57purchase · 2026-04-21
Nexus Capital Management LP10% owner · Series A Conv. Preferred Stock → Common StockAcquired 18 487 395 @ $3,57purchase · 2026-04-21
Hamill AnnaChief Financial Officer · Option (right to buy) → Common stockDisposed 25 000 @ $0,81exercise · 2026-03-11
Hamill AnnaChief Financial Officer · Option (right to buy) → Common stockDisposed 6 500 @ $0,73exercise · 2026-03-11
Hamilton LairdDirector, Chief Innovator · Option (right to buy) → Common stockDisposed 100 000 @ $2,00exercise · 2026-02-04

Actions

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— missing data

Data sources

Market data
Market data cache
Issuer disclosures
Public news
Earnings transcripts
Consensus estimates
ESG data

How metrics are computed

Return On Equity
net_income / total_equity
Price To Earnings
market_price / (net_income / shares_outstanding_diluted)
Price To Book
market_price / (adjusted_book_value / shares_outstanding_diluted)
Dilution Ratio
(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
Market Price
input from market-data provider (delayed close or quote-shim mid)
Market Cap
market_price * shares_outstanding_diluted

Source documents

L1 Long Short Fund Ltd Market data — financials · 2026-05-28

Ownership & reference

Insider activity

Net buying10 buys · 0 sellsnet $350K5 insiders · last 365d

GRAVES GREGORY BDirector · Common StockBought 15 000 @ $3,45$52K · 2026-06-10
LaMontagne Grant JDirector · Common StockBought 6 910 @ $3,30$23K · 2026-06-05
LaMontagne Grant JDirector · Common StockBought 8 826 @ $3,23$29K · 2026-06-04
LaMontagne Grant JDirector · Common StockBought 17 054 @ $3,30$56K · 2026-06-03
LaMontagne Grant JDirector · Common StockBought 27 160 @ $3,30$90K · 2026-06-02
LaMontagne Grant JDirector · Common StockBought 6 610 @ $3,30$22K · 2026-05-29
LaMontagne Grant JDirector · Common StockBought 624 @ $3,30$2K · 2026-05-28
LaMontagne Grant JDirector · Common StockBought 615 @ $3,30$2K · 2026-05-22
LaMontagne Grant JDirector · Common StockBought 87 @ $3,30$287 · 2026-05-21
LaMontagne Grant JDirector · Common StockBought 22 850 @ $3,28$75K · 2026-05-20
Hamill AnnaChief Financial Officer · Common StockOther 768 · 2026-05-05
Vieth Jason D.Director, Chief Executive Officer · Common StockOther 10 976 · 2026-04-03
Hamill AnnaChief Financial Officer · Common StockOther 4 863 · 2026-04-03
Hamill AnnaChief Financial Officer · Common StockOther 1 168 · 2026-04-01
Hamill AnnaChief Financial Officer · Common StockOther 25 000 @ $0,81$20K · 2026-03-11
Hamill AnnaChief Financial Officer · Common StockOther 6 500 @ $0,73$5K · 2026-03-11
Vieth Jason D.Director, Chief Executive Officer · Common StockOther 31 637 · 2026-02-23
Hamilton LairdDirector, Chief Innovator · Common StockOther 50 000 @ $2,00$100K · 2026-02-04
Vieth Jason D.Director, Chief Executive Officer · Common StockOther 2 673 · 2026-01-31
Hamill AnnaChief Financial Officer · Common StockOther 3 575 · 2025-11-04
Vieth Jason D.Director, Chief Executive Officer · Common StockOther 3 407 · 2025-10-31

Short positioning

100.2Kshares short+63.4% vs prior

1.9days to cover

17.4%short of daily vol

as of 2026-06-15 · short-interest report (free)

Index membership

S&P/ASX 200

Geographic breakdown

— missing data

Listings · one canonical issuer all listings resolve to the canonical

LSF.AXCanonical

ASX · AUD

Intel & risk

PredictorBeat prob57 %Surprise+0,02Full forecast →

peak dispatch · —

OSINT findings

Dilution riskLow

Liquidity riskLow

No immediate filing-based liquidity or dilution flags were detected.

Relationship graph

This companySectorVendors

Evidence & claims

From filings & derived data

Revenue (YoY) (2025-12-31 vs 2024-12-31): 15.2%Derived (calculated)
Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): -13.1%Derived (calculated)
EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): -72.2%Derived (calculated)
Capex (YoY) (2025-12-31 vs 2024-12-31): 208.6%Derived (calculated)
Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): -38.8%Derived (calculated)
Cost of revenue (YoY) (2025-12-31 vs 2024-12-31): 21.0%Derived (calculated)
Operating income (YoY) (2025-12-31 vs 2024-12-31): -57.1%Derived (calculated)
Net income (YoY) (2025-12-31 vs 2024-12-31): -78.7%Derived (calculated)
Gross profit (YoY) (2025-12-31 vs 2024-12-31): 6.9%Derived (calculated)
Total assets (YoY) (2025-12-31 vs 2024-12-31): -0.2%Derived (calculated)
Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 27.9%Derived (calculated)
Net margin (FY 2025-12-31): -6.5%Derived (calculated)
Gross margin (FY 2025-12-31): 37.9%Derived (calculated)
Return on equity (FY 2025-12-31): -28.4%Derived (calculated)
Return on assets (FY 2025-12-31): -16.9%Derived (calculated)
Current ratio (FY 2025-12-31): 2.44xDerived (calculated)
Debt-to-equity (FY 2025-12-31): 0.68xDerived (calculated)
R&D expense (YoY) (2025-12-31 vs 2024-12-31): 188.9%Derived (calculated)
Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -421.8%Derived (calculated)
Total assets (annual): USD 19.22MSEC XBRL filing
Total liabilities (annual): USD 7.76MSEC XBRL filing
R&D expense (annual): USD 329.81KSEC XBRL filing
Pre-tax income (annual): USD -3.23MSEC XBRL filing
Current assets (annual): USD 18.84MSEC XBRL filing

Showing 24 of 60 surfaced claims.

Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.

The Thread

Everything we know, in order

2026-10-28EVENTUpcomingQ3 2026 earnings (expected) estimated date

2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)

2026-06-10 00:00 UTCINSIDER5 insider transactions — 2026-06 · net buy $249k

2026-06-10INSIDERGRAVES GREGORY B bought 15.0k sh — Director ~$52k

2026-06-05INSIDERLaMontagne Grant J bought 6.9k sh — Director ~$23k

2026-06-04INSIDERLaMontagne Grant J bought 8.8k sh — Director ~$29k

2026-06-03INSIDERLaMontagne Grant J bought 17.1k sh — Director ~$56k

2026-06-02INSIDERLaMontagne Grant J bought 27.2k sh — Director ~$90k

2026-05-29 00:00 UTCINSIDER6 insider transactions — 2026-05 · net buy $101k

2026-05-29INSIDERLaMontagne Grant J bought 6.6k sh — Director ~$22k

2026-05-28INSIDERLaMontagne Grant J bought 624 sh — Director ~$2k

2026-05-22FILINGFORM DEF 14A →

2026-05-22INSIDERLaMontagne Grant J bought 615 sh — Director ~$2k

2026-05-21INSIDERLaMontagne Grant J bought 87 sh — Director ~$0k

2026-05-20FILINGFORM 8-K →

2026-05-20INSIDERLaMontagne Grant J bought 22.9k sh — Director ~$75k

2026-05-14FILINGFORM 10-Q →

2026-05-14FILINGFORM 8-K →

2026-05-05INSIDERHamill Anna transacted 768 sh — Chief Financial Officer

2026-04-22FILINGFORM 8-K →

2026-04-21 00:00 UTCINSIDER6 insider transactions — 2026-04 3 derivative

2026-04-21FILINGFORM 8-K →

2026-04-21INSIDERNexus Capital Management LP acquired 36.0k sh Series A Conv. Preferred Stock — 10% owner

2026-04-21INSIDERNexus Capital Management LP acquired 24.0k sh Series A Conv. Preferred Stock — 10% owner

2026-04-21INSIDERNEXUS SPECIAL SITUATIONS III, L.P. acquired 24.0k sh Series A Conv. Preferred Stock — 10% owner

2026-04-03INSIDERVieth Jason D. transacted 11.0k sh — Director, Chief Executive Officer

2026-04-03INSIDERHamill Anna transacted 4.9k sh — Chief Financial Officer

2026-04-01INSIDERHamill Anna transacted 1.2k sh — Chief Financial Officer

2026-03-30FILINGFORM 10-K →

2026-03-26FILINGFORM 8-K →

2026-03-12FILINGFORM 8-K →

2026-03-11 00:00 UTCINSIDER4 insider transactions — 2026-03 2 derivative

2026-03-11INSIDERHamill Anna transacted 25.0k sh — Chief Financial Officer ~$20k

2026-03-11INSIDERHamill Anna transacted 6.5k sh — Chief Financial Officer ~$5k

2026-03-11INSIDERHamill Anna disposed of 6.5k sh Option (right to buy) — Chief Financial Officer

2026-03-11INSIDERHamill Anna disposed of 25.0k sh Option (right to buy) — Chief Financial Officer

Showing the 40 most recent of 49 entries.

The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.

Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage

Analyst recommendations

At a glance

What drives this business

News & coverage

Sector rotation

Developing storylines

Analysis

Opportunity

Upcoming catalysts

Pre-earnings brief

Signals & dispatch

Composite-score breakdown

Synthesis

Bull / Bear case

In focus — financials by report

Valuation

Revenue by segment

Market share

Business relationships

Supply chain

Peer comparison

Market position

Stress test

Predictor forecast

Options

Short squeeze

Earnings-call key lines

Estimate revisions

Sell-side observations

Themes

ESG

Risk factors

Benchmarks vs cohort

Corporate actions / M&A

FX exposure

Comparable transactions

Derivatives & instruments

Derivative transactions

Actions

Ask Handelsavisen

Ownership & reference

Insider activity

Short positioning

Geographic breakdown

Intel & risk

Evidence & claims

The Thread