Atg.Ax
ATG.AX provides online services, primarily generating revenue through software and IT services.
Business. ATG.AX provides online services, primarily generating revenue through software and IT services.
Analyst recommendations
2 analysts · consensus BuyAt a glance
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.
News & coverage
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Analysis
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Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-07-08 · AU
- Rate decisionBank of Canada rate decision (press conf.)2026-07-15 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
- Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
- Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
ATG.AX provides online services, primarily generating revenue through software and IT services.
ATG.AX has a negative return on equity of -24.63% and a negative return on assets of -10.32%, indicating poor profitability relative to its equity and asset base. The company's debt-to-equity ratio is 0.14, suggesting a relatively low level of leverage compared to industry norms. However, the current ratio of 0.69 indicates that the company may face liquidity challenges, as its current assets are insufficient to cover its current liabilities.
The company's operating income is negative at -9.25 million AUD, and its net income is also negative at -11.30 million AUD, reflecting a lack of profitability. Gross profit stands at 173.01 million AUD, but this is not sufficient to cover operating expenses. Free cash flow is negative at -4.34 million AUD, and capital expenditure is -4.75 million AUD, indicating that the company is investing in its operations but not generating enough cash to sustain these investments.
ATG.AX's revenue is concentrated in a single business segment, as disclosed in its financial statements. There is no detailed breakdown of geographic exposure, but the company's operations are primarily based in Australia. The lack of geographic diversification may pose a risk if the Australian market experiences economic downturns.
The company's revenue growth trajectory is uncertain, as there is no clear indication of future growth in the provided data. The operating cash flow is positive at 147,000 AUD, but this is not enough to offset the negative free cash flow. The company's capital expenditure is a significant portion of its operating cash flow, suggesting that it is reinvesting in its operations to drive future growth.
The risk assessment indicates that ATG.AX faces medium liquidity risk and low dilution risk. The company's net cash is negative after subtracting total debt, which could impact its ability to meet short-term obligations. The dilution risk is low, as there is no indication of significant share issuance or dilution potential.
Recent events, as disclosed in the financial statements, include a negative net income and a negative operating income. The company's free cash flow is negative, and its capital expenditure is a significant portion of its operating cash flow. These factors suggest that the company is investing in its operations but is not generating enough cash to sustain these investments.
- ATG.AX is experiencing negative profitability, with a return on equity of -24.63% and a return on assets of -10.32%.
- The company's liquidity position is weak, as indicated by a current ratio of 0.69.
- ATG.AX is investing in its operations, with a capital expenditure of -4.75 million AUD, but is not generating sufficient cash flow to sustain these investments.
- The company's revenue is concentrated in a single business segment, which may pose a risk if the market experiences economic downturns.
- ATG.AX faces medium liquidity risk and low dilution risk, as per the risk assessment.
- **margin_outlook_rationale**: The company's gross profit margin is 39.43%, but this is not sufficient to cover operating expenses, leading to a negative operating margin.
- **rd_outlook_rationale**: There is no specific information provided about research and development expenditures or their impact on future growth.
Bull / Bear case
analysis pipelineIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 0,03 |
| Revenue | —no estimate | —no estimate | 368,6M AUD |
| Operating income | —no estimate | —no estimate | 8,5M AUD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
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- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- ATG.AX Market data — financials · 2026-05-27
- Articore Group Ltd Market data — analyst estimates · 2026-05-27