Qor.Ax

# QOR.AX - Business Summary

QOR.AX provides software solutions, primarily operating within the software and IT services sector.

# QOR.AX - Classification Summary

QOR.AX is classified under the Technology economic sector, specifically in the Software & IT Services business sector and the Software industry, with a confidence level of 0.92.

# QOR.AX - Narrative

QOR.AX has a market capitalization of AUD 395.72 million and a price-to-book ratio of 2.5, indicating that the market values the company at 2.5 times its book value. The company's liquidity is assessed as medium, with a current ratio of 0.53, suggesting that it has less than one dollar in current assets for every dollar of current liabilities. The company's debt-to-equity ratio is 0.32, indicating a relatively low level of leverage.

In terms of profitability, QOR.AX reported a net loss of AUD 35.95 million and an operating loss of AUD 42.04 million, resulting in a negative return on equity of -22.75% and a negative return on assets of -10.78%. These figures are below the industry median for profitability metrics, indicating that the company is underperforming its peers in terms of generating returns for shareholders and utilizing assets efficiently.

The company's revenue is concentrated in a single segment, with no disclosed geographic diversification. This lack of diversification may expose the company to higher risk if demand in its primary market declines. The company's free cash flow is negative at AUD -25.94 million, and capital expenditures are at AUD -27.49 million, indicating that the company is investing in its operations but is not generating sufficient cash to cover these investments.

Looking ahead, the company's revenue is expected to grow, but the exact figures are not provided. The company's free cash flow is expected to remain negative, which may necessitate continued investment or financing to support operations. The company's risk assessment indicates a medium liquidity risk and a low dilution risk, with key flags noting that net cash is negative after subtracting total debt.

Recent events include analyst estimates that suggest a mean price target of AUD 0.54, with a median of AUD 0.53 and a high of AUD 0.60. The mean recommendation is 1.75, indicating a generally positive outlook from analysts. There are no recent filings or transcripts provided that would indicate significant changes in the company's operations or strategy.

# QOR.AX - Key Takeaways

- QOR.AX is undervalued relative to its book value, with a price-to-book ratio of 2.5. - The company is currently unprofitable, with a net loss and negative returns on equity and assets. - The company's liquidity is a concern, with a current ratio of 0.53 and a negative free cash flow. - Analysts have a generally positive outlook, with a mean price target of AUD 0.54. - The company's operations are not diversified, which may increase its exposure to market risks.

# QOR.AX - Rationales

# QOR.AX - Inversion (DS-6)

# QOR.AX - Self Scoring