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AdAlta Ltd. (AU:1AD)
ASX:1AD
Australian Market

AdAlta Ltd. (1AD) AI Stock Analysis

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AU:1AD

AdAlta Ltd.

(Sydney:1AD)

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Underperform 37 (OpenAI - 4o)
Rating:37Underperform
Price Target:
<AU$0.01
▼(-10.00% Downside)
AdAlta Ltd. faces significant financial challenges, with declining revenues, persistent losses, and high leverage. The lack of technical indicators and a negative P/E ratio further contribute to a low overall stock score. The absence of earnings call data and corporate events limits additional insights.
Positive Factors
Innovative Technology Platform
AdAlta's proprietary i-body platform technology offers a unique approach to developing biologics, potentially providing a competitive edge in the biotechnology sector by addressing unmet medical needs in oncology and other areas.
Strategic Partnerships
Collaborative agreements and licensing deals with established pharmaceutical companies enhance AdAlta's research capabilities and provide financial support through milestone payments and royalties, fostering long-term growth and innovation.
Research Grants and Funding
Access to government grants and research funding supports AdAlta's innovative therapeutic research, providing a stable financial resource that aids in the development of new drug candidates and strengthens its market position.
Negative Factors
Declining Revenue
A significant decline in revenue growth, as indicated by a -30.42% rate, poses a challenge to AdAlta's financial stability and limits its ability to invest in future growth opportunities, impacting long-term sustainability.
High Leverage and Negative Equity
High leverage and negative equity signal financial instability, limiting AdAlta's ability to secure additional financing and invest in strategic initiatives, potentially hindering long-term operational success.
Negative Cash Flow
Negative cash flow growth indicates difficulties in generating sufficient cash from operations, which can constrain AdAlta's ability to fund research and development activities, impacting its capacity to innovate and expand.

AdAlta Ltd. (1AD) vs. iShares MSCI Australia ETF (EWA)

AdAlta Ltd. Business Overview & Revenue Model

Company DescriptionAdAlta Limited, a clinical stage biotechnology company, discovers and develops protein therapeutics in Australia. The company's lead i-body drug candidate includes AD-214, which is in Phase I clinical trials for the treatment of idiopathic pulmonary fibrosis and other fibrotic diseases. It has collaborative partnerships with GE Healthcare to discover i-bodies that bind to granzyme B; and Carina Biotech Pty Ltd. to develop CAR-T cell products against various solid tumor antigens. AdAlta Limited was incorporated in 2006 and is headquartered in Bundoora, Australia.
How the Company Makes MoneyAdAlta generates revenue primarily through a combination of research grants, collaborative agreements, and licensing deals. The company partners with pharmaceutical and biotechnology firms to co-develop its drug candidates, leveraging its i-body technology platform. These partnerships often include milestone payments tied to the achievement of specific development goals, as well as royalties on future sales of any products that result from these collaborations. Additionally, AdAlta may receive funding through government grants and research programs aimed at supporting innovative therapeutic research, further contributing to its financial resources.

AdAlta Ltd. Financial Statement Overview

Summary
AdAlta Ltd. is facing significant financial challenges. The income statement reveals declining revenues and persistent losses. The balance sheet is under pressure with high leverage and negative equity, raising concerns about financial stability. Cash flow metrics indicate difficulties in generating positive cash flow, which could impact future operations.
Income Statement
30
Negative
AdAlta Ltd. has experienced a significant decline in revenue, with a revenue growth rate of -30.42% in the most recent year. The company is facing substantial losses, as indicated by a net profit margin of -6.65% and negative EBIT and EBITDA margins. These figures suggest challenges in achieving profitability and controlling costs.
Balance Sheet
25
Negative
The balance sheet shows a concerning debt-to-equity ratio of -2.95, indicating high leverage and negative equity. The return on equity is positive at 7.53%, but this is due to negative equity, which is not a sustainable situation. The equity ratio is also negative, highlighting financial instability.
Cash Flow
35
Negative
AdAlta Ltd. has a negative free cash flow growth rate of -25.44%, reflecting declining cash generation. The operating cash flow to net income ratio is -2.20, indicating that operating activities are not covering net losses. However, the free cash flow to net income ratio is 1.0, suggesting that free cash flow aligns with net income, albeit both are negative.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue677.01K677.01K1.74M3.47M2.75M848.19K
Gross Profit457.50K457.50K1.51M3.44M2.49M848.19K
EBITDA-4.45M-4.45M-5.26M-7.58M-7.31M-8.36M
Net Income-4.50M-4.50M-5.38M-4.85M-6.06M-5.63M
Balance Sheet
Total Assets2.14M2.14M5.57M7.73M10.65M9.05M
Cash, Cash Equivalents and Short-Term Investments1.31M1.31M3.13M4.79M8.66M5.79M
Total Debt1.77M1.77M2.70M4.01M4.00M1.69M
Total Liabilities2.74M2.74M3.54M5.82M5.27M2.66M
Stockholders Equity-598.24K-598.24K2.03M1.91M5.38M6.39M
Cash Flow
Free Cash Flow-2.94M-2.94M-5.32M-5.13M-4.11M-4.78M
Operating Cash Flow-2.94M-2.94M-5.26M-5.13M-4.09M-4.78M
Investing Cash Flow109.61K109.61K-62.40K-2.13K-25.23K-2.12K
Financing Cash Flow999.06K999.06K3.67M1.27M7.02M7.19M

AdAlta Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
42
Neutral
AU$7.02M-1.89
41
Neutral
AU$5.88M-5.24-289.05%24.09%
40
Underperform
AU$2.17M-4.33-28.49%46.43%
37
Underperform
AU$6.89M-1.61-628.72%31.87%
27
Underperform
AU$4.39M-1.35-205.70%1.03%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:1AD
AdAlta Ltd.
0.01
-0.01
-50.00%
AU:VBS
Vectus Biosystems Limited
0.18
0.10
125.00%
AU:CMB
Regeneus Ltd.
0.47
0.05
11.90%
AU:ANR
Anatara Lifesciences Ltd
0.01
-0.03
-69.05%
AU:BGT
Bio-Gene Technology Ltd.
0.02
-0.02
-50.00%
AU:HXL
Hexima Ltd
0.01
0.00
0.00%

AdAlta Ltd. Corporate Events

AdAlta Ltd Director Adjusts Securities Holdings
Dec 4, 2025

AdAlta Ltd has announced a change in the interests of its director, Tim Oldham, involving the disposal of 1,200,000 unlisted options and 1,396,999 performance rights, while acquiring 1,396,999 ordinary shares. This change reflects a strategic adjustment in the director’s holdings, potentially impacting the company’s stock dynamics and signaling confidence in its future performance.

AdAlta Ltd. Announces Cessation of Securities Due to Expiry
Dec 4, 2025

AdAlta Ltd. announced the cessation of 6,655,000 securities due to the expiry of options or other convertible securities without exercise or conversion as of November 29, 2025. This development may impact the company’s capital structure and could influence stakeholder perceptions regarding the company’s financial strategies and market positioning.

AdAlta Completes Major Share and Options Issuance
Dec 4, 2025

AdAlta Limited announced the completion of issuing 401,676,129 ordinary shares and 277,666,667 options, as well as 1,396,999 ordinary shares from employee performance rights. This issuance was conducted without disclosure to investors under specific provisions of the Corporations Act, and the company confirmed compliance with relevant regulatory requirements. The move is part of AdAlta’s strategic financial operations, potentially impacting its market positioning and shareholder value.

AdAlta Ltd. Announces Quotation of New Securities on ASX
Dec 3, 2025

AdAlta Ltd. announced the quotation of 388,666,666 fully paid ordinary securities and 194,333,333 options expiring in June 2028 on the ASX. This move is part of previously announced transactions and is expected to enhance the company’s financial flexibility, potentially impacting its market positioning and providing opportunities for stakeholders.

AdAlta Ltd. Announces Quotation of New Securities on ASX
Dec 3, 2025

AdAlta Ltd. announced the application for quotation of 1,396,999 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to enhance its capital structure and support its ongoing development projects, potentially strengthening its market position and offering new opportunities for stakeholders.

AdAlta Ltd. Announces Quotation of New Securities on ASX
Dec 3, 2025

AdAlta Ltd. has announced the quotation of new securities on the Australian Securities Exchange (ASX), including 13,009,463 ordinary fully paid shares and 83,333,334 options expiring in June 2028. This move is part of previously announced transactions and is expected to enhance the company’s financial flexibility, potentially strengthening its market position and providing opportunities for growth and development in its therapeutic offerings.

AdAlta Ltd. Announces Cessation of Securities
Nov 28, 2025

AdAlta Ltd. announced the cessation of 4,929,060 securities due to the expiry of options or other convertible securities without exercise or conversion as of November 26, 2025. This cessation of securities may impact the company’s capital structure and could have implications for its financial strategy and stakeholder interests.

AdAlta Limited Reports Strong Support at Annual General Meeting
Nov 26, 2025

AdAlta Limited announced that all resolutions at its Annual General Meeting were passed with over 98% support. The company is strategically positioned to dominate the high-growth cellular immunotherapy market, particularly in the treatment of solid tumors, leveraging its innovative approach and strategic partnerships.

AdAlta Limited Unveils Strategic Focus at AGM
Nov 25, 2025

AdAlta Limited announced the release of the Chair remarks and CEO presentation at their Annual General Meeting, highlighting their strategic focus on integrating Asian T cell therapy innovations with Western market access. The company aims to dominate the growing cellular immunotherapy market, particularly in treating solid tumors, and is seeking partnerships for its first-in-class fusion protein, AD-214, after successful Phase I clinical studies.

AdAlta Limited Announces Change of Business Address
Nov 13, 2025

AdAlta Limited announced a change in its registered office and principal place of business to a new address in Hawthorn East, Victoria. This move aligns with the company’s strategic focus on advancing its position in the high-growth cellular immunotherapy market, particularly targeting solid tumors, which remain underserved by current therapies. AdAlta aims to leverage its innovative approaches and strategic partnerships to dominate this market segment.

AdAlta Ltd. Cancels Proposed Share Consolidation
Nov 7, 2025

AdAlta Ltd. announced the cancellation of a previous proposal for a 10-for-1 share consolidation, which was initially set to be discussed at the upcoming Annual General Meeting on November 26, 2025. This decision to withdraw the resolution may impact the company’s stock structure and could influence investor perceptions and market dynamics, as it suggests a reconsideration of strategic financial adjustments.

AdAlta Withdraws Share Consolidation Proposal from AGM Agenda
Nov 6, 2025

AdAlta Limited has announced the withdrawal of Resolution 6, which proposed a 10 for 1 share consolidation, from its 2025 Annual General Meeting agenda following guidance from corporate advisors. This decision does not affect the validity of proxy forms for the AGM, where other business items will still be addressed. The move reflects AdAlta’s strategic adjustments as it continues to focus on its core operations in the rapidly growing cellular immunotherapy market, aiming to enhance its positioning and stakeholder value.

AdAlta Ltd. Announces Security Consolidation
Oct 29, 2025

AdAlta Ltd. has announced a security consolidation, affecting several of its securities, including ordinary shares and performance rights. This reorganization is set to commence trading on a deferred settlement basis from December 9, 2025, with the record date on December 10, 2025, and the issue date on December 17, 2025. The consolidation is part of the company’s strategic financial restructuring, potentially impacting its market positioning and shareholder value.

AdAlta Ltd Announces Director’s Share Acquisition
Oct 29, 2025

AdAlta Ltd has announced a change in the director’s interest, specifically regarding Tim Oldham. The notice details the acquisition of 2,500,000 ordinary shares by Tim Oldham, valued at $8,750. This change reflects an increase in Oldham’s holdings, potentially indicating confidence in the company’s future performance.

AdAlta Limited Completes Share Issuance to Strengthen Financial Position
Oct 28, 2025

AdAlta Limited has completed the issuance of 201,666,666 fully paid ordinary shares at a price of $0.0018 per share. This issuance is part of the company’s funding arrangements with Meurs Group, aimed at addressing outstanding subscription amounts. The shares were issued without disclosure under Part 6D.2 of the Corporations Act, and the company has confirmed compliance with relevant legal provisions. This move is expected to strengthen AdAlta’s financial position and support its ongoing operations in the biotechnology sector.

AdAlta Ltd. Announces Quotation of New Securities on ASX
Oct 28, 2025

AdAlta Ltd. has announced the quotation of 201,666,666 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of October 28, 2025. This move is part of previously announced transactions and is expected to enhance the company’s financial flexibility, potentially impacting its market positioning and providing new opportunities for stakeholders.

AdAlta Completes Final Share Issuance Under Meurs Investment Agreement
Oct 28, 2025

AdAlta Limited announced the final issuance of shares under its Investment Agreement with the Meurs Group, a longstanding shareholder. This agreement, initiated in April 2024, provided crucial liquidity and strategic flexibility for AdAlta as it developed its cellular immunotherapy strategy. The completion of this share issuance positions AdAlta to raise private capital to advance its CAR-T technologies for solid cancer treatment. The settlement marks the end of the Meurs Investment Agreement, highlighting the continued support from Meurs Group and AdAlta’s readiness to further its market positioning in the high-growth cellular immunotherapy sector.

AdAlta Advances ‘East to West’ Strategy with Key Licensing and Financial Milestones
Oct 28, 2025

AdAlta Limited has made significant progress in its ‘East to West’ cellular immunotherapy strategy, with advanced licensing negotiations for its first CAR-T product and plans for a multi-asset collaboration on a second product. The company has strengthened its financial position by raising $1.6 million through market placements and repaying investments, which enhances its negotiating power and potential ownership in its AdCella subsidiary. These developments position AdAlta to leverage its expertise in cellular immunotherapy and expand its market reach, potentially increasing its value and impact in the biotechnology sector.

AdAlta Completes Cash Settlement with NLSC, Advances CAR-T Strategy
Oct 24, 2025

AdAlta Limited has completed a cash repayment of $405,132 to New Life Sciences Capital (NLSC), settling the remaining balance of their investment agreement without issuing additional shares. This strategic move, facilitated by NLSC’s initial investment, has supported AdAlta’s development of its cellular immunotherapy strategy, positioning the company to advance its CAR-T asset negotiations and raise private capital for global cancer patient treatments.

AdAlta Limited Announces Hybrid 2025 AGM and Encourages Electronic Engagement
Oct 24, 2025

AdAlta Limited has announced its 2025 Annual General Meeting (AGM) will be held as a hybrid event, allowing shareholders to participate both in-person and virtually. The company emphasizes the importance of shareholder voting and encourages electronic communication to enhance efficiency and sustainability. This approach reflects AdAlta’s commitment to engaging with its stakeholders and adapting to modern communication preferences.

AdAlta Ltd. Announces Proposed Securities Issue to Bolster Capital
Oct 20, 2025

AdAlta Ltd. announced a proposed issue of securities, comprising 183,333,333 options expiring on June 3, 2028, and 366,666,667 fully paid ordinary shares, with a proposed issue date of November 26, 2025. This move is likely to impact the company’s financial positioning by potentially increasing its capital base, which could enhance its ability to fund ongoing and future projects, thereby strengthening its position in the biotechnology sector.

AdAlta Limited Completes Significant Share Issuance to Investors
Oct 20, 2025

AdAlta Limited has successfully completed the issuance of 153,657,204 fully paid ordinary shares to sophisticated investors through a private placement. This move, announced earlier in October 2025, is part of the company’s strategic efforts to bolster its financial position and support its ongoing research and development initiatives. The issuance was conducted without disclosure to investors under specific provisions of the Corporations Act, and the company has confirmed compliance with relevant legal requirements. This development is expected to enhance AdAlta’s operational capabilities and strengthen its market position in the biotechnology sector.

AdAlta Ltd. Announces Quotation of New Securities on ASX
Oct 20, 2025

AdAlta Ltd. announced the quotation of 153,657,204 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of October 20, 2025. This move is part of previously announced transactions and is expected to enhance the company’s market presence and liquidity, potentially benefiting stakeholders by increasing the accessibility and visibility of its securities.

AdAlta Limited Announces Proposed Securities Issue
Oct 12, 2025

AdAlta Limited has announced a proposed issue of 153,657,204 ordinary fully paid securities, scheduled for issuance on October 17, 2025. This move is part of a placement or other type of issue, which could have implications for the company’s market positioning and stakeholder interests as it seeks to enhance its capital structure.

AdAlta Ltd. Announces Proposed Securities Issue to Boost R&D
Oct 12, 2025

AdAlta Ltd. has announced a proposed issue of securities, involving the issuance of 83,333,334 options expiring in 2028 and 13,009,463 fully paid ordinary shares. This strategic move is aimed at raising capital to support the company’s ongoing research and development efforts, potentially enhancing its market position and providing new opportunities for stakeholders.

AdAlta Secures A$0.5 Million Investment to Boost Immunotherapy Strategy
Oct 12, 2025

AdAlta Limited has secured a non-brokered private placement of up to A$0.5 million from a sophisticated Hong Kong investor, enhancing its capacity to pursue its ‘East to West’ cellular immunotherapy strategy. This investment, priced at a 20% premium, underscores confidence in AdAlta’s approach to integrating Asian innovations with Western markets, potentially accelerating the development and licensing of CAR-T cell therapies for solid cancers, and strengthening its market position.

AdAlta Limited Completes Share Issuance to Strengthen Financial Position
Oct 5, 2025

AdAlta Limited has completed the issuance of 76,666,667 fully paid ordinary shares to NLSC, LLC as part of its funding arrangements. This move is part of the company’s strategy to manage its financial obligations and enhance its capital structure, potentially impacting its market positioning and stakeholder relationships.

AdAlta Ltd. Announces New Securities Quotation on ASX
Oct 5, 2025

AdAlta Ltd. has announced the issuance of 76,666,667 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) under the code 1AD. This move is part of previously announced transactions and is expected to enhance the company’s financial position, potentially impacting its market presence and providing additional resources to advance its therapeutic developments.

AdAlta Limited Announces 2025 AGM and Strategic Business Update
Sep 23, 2025

AdAlta Limited announced that its Annual General Meeting (AGM) will be held on 19 November 2025 as a hybrid event in Melbourne and via Zoom. The meeting will include a business update from CEO Dr. Tim Oldham. The company is strategically positioned to leverage its expertise in cellular immunotherapies to address the underserved solid cancer market, with its innovative products like AD-214 for fibrotic diseases showing promising results in clinical studies. This positions AdAlta to potentially dominate a high-growth market segment.

AdAlta Ltd. Announces Quotation of New Securities on ASX
Sep 15, 2025

AdAlta Ltd. has announced the application for quotation of 138,888,889 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of a previously announced transaction, and it signifies a strategic effort to enhance the company’s financial standing and market presence, potentially impacting its operations and industry positioning positively.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Oct 19, 2025