Aqn.Ax

AQN.AX has a market price of $0.39 and a market cap of $41.33 million, with a price-to-book ratio of 3.23 and a price-to-tangible-book ratio of 3.23. The company's enterprise value to EBITDA is negative at -20.42, indicating a loss-making position, while the enterprise value to revenue is 2.16. The company's liquidity is assessed as medium, with a current ratio of 1.49 and a debt-to-equity ratio of 1.18.

The company's profitability is weak, with a return on equity of -26.67% and a return on assets of -9.88%. These figures are below the industry median for mining support services and equipment, which typically exhibit positive returns on equity and assets. The operating cash flow is $1.16 million, but the free cash flow is negative at -$3.20 million, indicating that capital expenditures are outpacing cash generation.

AQN.AX's revenue is concentrated in a single geographic region, with all disclosed revenue generated in Australia. The company does not report revenue by business segment, making it difficult to assess the contribution of different service lines to overall performance.

The company's growth trajectory is uncertain, with no disclosed revenue growth in the current fiscal year and no outlook provided for the next fiscal year. The capital expenditure of -$3.39 million suggests ongoing investment in the business, but the negative net income of -$3.41 million indicates that these investments are not yet generating returns.

The company's risk profile is moderate, with a low dilution risk and a medium liquidity risk. The key risk flag is the negative net cash position after subtracting total debt, which could limit the company's ability to fund operations without external financing. No dilution sources were identified in the available documents, and the dilution potential is assessed as low.

Recent events include the filing of the latest financial snapshot, which shows a continued loss-making position despite positive operating cash flow. No recent transcripts or filings were identified that provide additional insight into the company's strategic direction or operational performance.