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8Common Ltd (AU:8CO)
ASX:8CO
Australian Market

8Common Ltd (8CO) AI Stock Analysis

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AU

8Common Ltd

(Sydney:8CO)

Rating:41Neutral
Price Target:
The overall score for 8Common Ltd reflects significant financial and operational challenges. Persistent losses and negative cash flows are major concerns, alongside bearish technical indicators. The company's valuation is unattractive with a negative P/E ratio, indicating a lack of profitability. The key strengths include an increase in revenue and no debt, but these are overshadowed by ongoing profitability and liquidity issues.

8Common Ltd (8CO) vs. iShares MSCI Australia ETF (EWA)

8Common Ltd Business Overview & Revenue Model

Company Description8Common Ltd (8CO) is a technology company based in Australia that specializes in providing software solutions primarily in the enterprise and government sectors. The company focuses on delivering platforms for expense management, travel management, and employee productivity. Its core products include Expense8, a travel and expense management system, and Perform8, an employee productivity and survey analytics platform.
How the Company Makes Money8Common Ltd generates revenue primarily through software-as-a-service (SaaS) subscription fees for its platforms, particularly Expense8. The company also earns money from implementation and integration services, which help clients customize and deploy its solutions. Additionally, 8Common benefits from ongoing customer support and maintenance contracts. Significant partnerships with government agencies and large enterprises contribute to its earnings, as these clients often require scalable and robust solutions for managing expenses and productivity across their organizations.

8Common Ltd Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
8.12M7.24M4.57M3.51M3.76M
Gross Profit
3.46M-820.89K-898.89K-63.37K535.19K
EBIT
-2.58M-2.38M-2.30M-1.44M-663.78K
EBITDA
-1.92M-2.60M-1.73M-1.09M-442.37K
Net Income Common Stockholders
-2.55M-3.30M-2.50M-1.34M-804.09K
Balance SheetCash, Cash Equivalents and Short-Term Investments
131.74K1.81M3.25M3.22M1.84M
Total Assets
3.15M5.74M8.73M6.97M5.42M
Total Debt
0.000.000.000.000.00
Net Debt
-131.74K-1.06M-3.25M-3.22M-1.84M
Total Liabilities
2.73M2.69M1.84M1.84M1.10M
Stockholders Equity
417.31K3.05M6.89M5.12M4.33M
Cash FlowFree Cash Flow
-1.79M-1.52M-3.56M-776.94K-211.09K
Operating Cash Flow
-1.68M-265.03K-1.66M-154.34K-200.94K
Investing Cash Flow
6.54K-1.18M-1.90M-622.59K-10.15K
Financing Cash Flow
0.000.003.59M2.16M1.02M

8Common Ltd Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.02
Price Trends
50DMA
0.02
Negative
100DMA
0.02
Negative
200DMA
0.03
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
51.20
Neutral
STOCH
76.92
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:8CO, the sentiment is Neutral. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.03, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 51.20 is Neutral, neither overbought nor oversold. The STOCH value of 76.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:8CO.

8Common Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUWTC
78
Outperform
$33.28B132.0414.13%0.21%-1.78%12.79%
AUXRO
71
Outperform
AU$27.82B133.4912.98%23.95%
AUTNE
70
Outperform
€12.64B94.7737.44%0.64%17.52%20.78%
AUBVS
67
Neutral
AU$977.41M13.6357.04%0.73%18.63%
61
Neutral
$11.29B10.07-7.05%2.96%7.47%-10.75%
AUAPX
52
Neutral
$303.31M-19.32%-13.61%86.37%
AU8CO
41
Neutral
AU$3.59M-349.78%-10.57%67.60%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:8CO
8Common Ltd
0.02
-0.02
-50.00%
AU:APX
Appen
1.15
0.54
89.26%
AU:TNE
Technology One Limited
38.61
20.95
118.67%
AU:XRO
Xero Limited
181.12
47.05
35.09%
AU:WTC
Wisetech Global
100.05
1.35
1.37%
AU:BVS
Bravura Solutions Limited
2.18
1.10
101.85%

8Common Ltd Corporate Events

8common Limited Announces CFO Resignation and Transition Plan
Mar 31, 2025

8common Limited announced the resignation of its Chief Financial Officer, Mr. Zoran Grujic, who has been with the company since its IPO. Mr. Grujic will continue as Company Secretary, ensuring stability in governance and compliance. The company has initiated a search for a new CFO and will provide updates as necessary. This change is expected to maintain continuity in the company’s operations and governance, reflecting its commitment to stable leadership and operational progress.

8Common Ltd Reports Improved EBITDA Despite Revenue Decline
Feb 28, 2025

8Common Ltd reported its financial results for the half-year ending December 31, 2024, showing a 10% decrease in revenue compared to the previous year. Despite the drop in revenue, the company significantly improved its EBITDA by 81%, reducing its loss before and after tax by 63%. No dividends were declared for this period.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.