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Aurora Labs Ltd. (AU:A3D)
ASX:A3D

Aurora Labs (A3D) AI Stock Analysis

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AU:A3D

Aurora Labs

(Sydney:A3D)

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Neutral 50 (OpenAI - 5.2)
Rating:50Neutral
Price Target:
AU$0.06
â–˛(5.00% Upside)
Action:ReiteratedDate:02/13/26
The score is held back primarily by weak financial quality—ongoing losses, negative operating cash flow, and higher leverage—despite strong top-line growth. Technicals are a meaningful offset, with price and momentum indicators signaling a solid uptrend. Valuation remains constrained because the company is loss-making (negative P/E) and no dividend yield is provided.
Positive Factors
Top-line Growth
Aurora Labs' ~184% revenue increase indicates strong demand traction for its metal additive manufacturing systems and services. Durable top-line expansion supports scale economics, expands addressable market presence in aerospace/defence, and underpins longer-term investment in product development and sales capability.
Improving Gross Margin
A near-44% gross margin improvement suggests the business is gaining better cost control and pricing power on hardware and software offerings. Sustained higher gross margins provide a clearer path to operating leverage as revenue scales, making future profitability more attainable if fixed costs are managed.
Cash Generation Relative to Earnings
A FCF-to-net-income ratio above 1 indicates Aurora Labs converts reported losses into relatively stronger cash generation, implying capital spending and working capital are not destroying cash at the same rate as accounting losses. This improves runway and financing optionality versus pure accrual losses.
Negative Factors
Ongoing Losses
Despite strong revenue and gross margin gains, persistent negative EBIT and net margins mean the company remains loss-making. Structural profitability risks remain until operating costs scale more slowly than revenue or underlying margins expand further, limiting self-funded growth and increasing capital dependence.
Negative Operating Cash Flow
Continued negative operating cash flow signals that core operations still consume cash despite revenue growth. Over months this weakens liquidity and forces reliance on external funding or asset sales, which can dilute shareholders or constrain investment in R&D, production capacity, and sales expansion.
Rising Leverage
An elevated D/E near 0.9 reflects materially higher leverage versus prior periods, raising financial risk. Higher debt servicing needs reduce flexibility for cyclical shocks, increase refinancing risk, and can limit capital allocation to growth initiatives, particularly if profitability and operating cash flow remain weak.

Aurora Labs (A3D) vs. iShares MSCI Australia ETF (EWA)

Aurora Labs Business Overview & Revenue Model

Company DescriptionAurora Labs Limited engages in the design, development, and commercialization of 3D metal printers, powders, and digital parts and its related intellectual property in Australia. It develops industrial grade 3D metal printers. The company was incorporated in 2014 and is based in Canning Vale, Australia.
How the Company Makes MoneyAurora Labs generates revenue through multiple streams, primarily from the sale of its 3D printing systems and related equipment. The company also earns income from consumables, such as specialized materials used in the printing process, which are essential for maintaining and operating the 3D printers. Additionally, Aurora Labs offers software solutions and technical support services that enhance the functionality of its printers, providing customers with ongoing revenue opportunities. Significant partnerships with industry leaders and research institutions further bolster its earnings by facilitating collaborative projects and expanding market reach.

Aurora Labs Financial Statement Overview

Summary
Very strong revenue growth (183.75%) and improved gross margin (43.91%) are positives, but profitability remains weak (negative net and EBIT margins) with ongoing losses. Cash flow is pressured by negative operating cash flow and only modest free cash flow growth, while leverage has risen (debt-to-equity 0.89), increasing financial risk.
Income Statement
35
Negative
Aurora Labs has shown significant revenue growth of 183.75% in the latest year, indicating strong top-line expansion. However, the company continues to face challenges with profitability, as evidenced by negative net profit margins (-5.04%) and EBIT margins (-6.18%). The gross profit margin has improved to 43.91%, suggesting better cost management, but overall profitability remains a concern.
Balance Sheet
40
Negative
The company's debt-to-equity ratio has increased to 0.89, indicating higher leverage compared to previous years. While the equity ratio remains stable, the negative return on equity highlights ongoing profitability issues. The balance sheet shows a moderate level of financial risk due to increased debt levels.
Cash Flow
30
Negative
Aurora Labs has a positive free cash flow to net income ratio of 1.07, indicating that cash generation is relatively stable compared to net income. However, the operating cash flow remains negative, and the free cash flow growth rate is only 11.49%, reflecting ongoing cash flow challenges.
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue708.31K743.83K174.30K134.56K32.20K171.62K
Gross Profit-1.37M326.65K57.13K58.81K13.89K-145.00K
EBITDA-4.77M-4.54M-3.23M-3.37M-3.70M-4.81M
Net Income-4.05M-3.75M-2.81M-2.96M-3.15M-4.42M
Balance Sheet
Total Assets5.77M2.91M3.08M2.18M3.35M2.91M
Cash, Cash Equivalents and Short-Term Investments3.65M1.16M1.65M986.80K1.95M1.37M
Total Debt232.00K956.01K842.94K65.39K160.53K252.00K
Total Liabilities1.40M1.84M1.30M719.35K716.58K711.20K
Stockholders Equity4.37M1.07M1.78M1.46M2.63M2.20M
Cash Flow
Free Cash Flow-4.21M-2.80M-2.41M-2.60M-2.68M-1.68M
Operating Cash Flow-3.22M-2.62M-2.40M-2.57M-2.63M-1.68M
Investing Cash Flow-988.63K-180.58K-7.69K-23.07K-48.42K6.86K
Financing Cash Flow5.68M2.31M3.07M1.63M3.25M1.72M

Aurora Labs Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.06
Price Trends
50DMA
0.05
Positive
100DMA
0.05
Positive
200DMA
0.05
Positive
Market Momentum
MACD
<0.01
Positive
RSI
47.66
Neutral
STOCH
32.91
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:A3D, the sentiment is Positive. The current price of 0.06 is above the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.05, and above the 200-day MA of 0.05, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 47.66 is Neutral, neither overbought nor oversold. The STOCH value of 32.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:A3D.

Aurora Labs Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
65
Neutral
AU$65.82M16.6717.38%0.49%-8.28%89.71%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
57
Neutral
AU$20.43M10.516.19%―-6.52%-20.79%
55
Neutral
AU$247.67M-6.90-59.01%―722.02%-0.77%
50
Neutral
AU$30.88M-6.04-264.05%―327.10%1.01%
50
Neutral
AU$17.44M17.664.57%4.32%-15.54%-26.61%
41
Neutral
AU$85.64M-10.58-35.18%―0.88%4.88%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:A3D
Aurora Labs
0.06
-0.02
-22.22%
AU:VBC
Verbrec Ltd
0.26
0.17
188.89%
AU:AL3
AML3D Ltd
0.15
0.01
11.11%
AU:EMB
Embelton Limited
8.08
-0.11
-1.34%
AU:SSH
SSH Group Ltd.
0.20
0.08
66.67%
AU:3DA
Amaero International Ltd
0.25
-0.04
-13.79%

Aurora Labs Corporate Events

Aurora Labs Director Increases Shareholding Through On‑Market Purchase
Feb 9, 2026

Aurora Labs has disclosed a change in director David Trimboli’s interests in the company’s securities, following an on‑market purchase of 255,236 ordinary shares over 5–6 February 2026. The transaction, valued at $13,772.27, adds to Trimboli’s existing direct and indirect holdings, including a substantial package of options exercisable at various strike prices and expiries.

The new shares are held directly by Trimboli, while his pre‑existing share and option interests remain held through Seefeld Investments Pty Ltd as well as in his own name. The disclosure, lodged under ASX listing rules, signals continued insider support for Aurora Labs’ equity and provides investors with updated transparency on a key director’s ownership position.

The most recent analyst rating on (AU:A3D) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Aurora Labs stock, see the AU:A3D Stock Forecast page.

Aurora Labs Enters Defence Propulsion Market With First Turbine Order and Strategic Defence MOUs
Jan 29, 2026

Aurora Labs reported progress in the December 2025 quarter as it accelerates the commercialisation of its metal additive manufacturing technology and broadens its market exposure beyond development into early-stage deployment. The company formally entered the defence propulsion market through a joint testing and commercialisation agreement with Sovereign Propulsion Systems, securing a maiden $250,000 order for 20 AU4 micro gas turbine propulsion systems that will be tested in bench and flight operations and position Aurora as a recognised supplier to defence. It also deepened its strategic presence in defence and aerospace by signing MOUs with European missile group MBDA and Australian precision armaments manufacturer Ares Armaments, while upgrading its Canning Vale facility with new CNC machinery, expanding industrial 3D-printing revenues including a defence metal-printing order, advancing AS9100D certification, and completing a $5.5 million capital raising and board restructure to underpin near-term growth.

The most recent analyst rating on (AU:A3D) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Aurora Labs stock, see the AU:A3D Stock Forecast page.

Aurora Labs Director Increases Equity Stake Through Option Exercise
Dec 23, 2025

Aurora Labs Limited has disclosed a change in director Rebekah Letheby’s interests, with her indirect holdings managed through a jointly held account. Letheby exercised 180,302 options at $0.045 each, converting them into fully paid ordinary shares for a cash consideration of $8,113.59, increasing her total direct shareholding to 540,907 ordinary shares while maintaining 3,000,000 unlisted options exercisable at $0.14 and an unchanged indirect holding of 400,000 shares. The transaction, which did not occur during a closed trading period, marginally boosts director equity alignment with shareholders, signalling confidence in the company’s prospects without altering existing option-based incentive structures.

The most recent analyst rating on (AU:A3D) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Aurora Labs stock, see the AU:A3D Stock Forecast page.

Aurora Labs Director Increases Equity Stake Through Option Exercise
Dec 23, 2025

Aurora Labs Limited has disclosed a change in the interests of director David Trimboli, who holds his stake indirectly through Seefeld Investments Pty Ltd. Trimboli exercised 1,916,666 options at $0.045 each, paying a total of $86,249.97, which converted into an equivalent number of fully paid ordinary shares and increased his holding to 6,283,199 shares, while the corresponding options lapsed. The transaction, which did not occur during a closed trading period, signals continued insider commitment to the company’s equity and modestly reshapes the director’s exposure from options to ordinary shares, potentially aligning his interests more closely with those of other shareholders.

The most recent analyst rating on (AU:A3D) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Aurora Labs stock, see the AU:A3D Stock Forecast page.

Aurora Labs Options Lapse, Trimming Potential Future Dilution
Dec 23, 2025

Aurora Labs Limited has announced the cessation of 37,776,525 options (ASX code A3DAI), which expired unexercised on 22 December 2025. The expiry of this large tranche of options reduces the company’s potential future share dilution, effectively tightening its capital structure and potentially altering the balance of incentives for existing shareholders and option holders as the company progresses with its strategic plans.

The most recent analyst rating on (AU:A3D) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Aurora Labs stock, see the AU:A3D Stock Forecast page.

Aurora Labs Expands Share Capital Through Option Conversion
Dec 23, 2025

Aurora Labs has issued 14,681,487 fully paid ordinary shares following the conversion of an equivalent number of options exercisable at $0.045 and expiring on 22 December 2025, expanding its share capital without undertaking a formal disclosure offering. The company confirmed it has complied with its financial reporting and continuous disclosure obligations under the Corporations Act and stated there is no excluded information, signalling regulatory compliance and transparency as it adjusts its capital structure, a move of interest to existing shareholders and potential investors monitoring dilution and funding pathways.

The most recent analyst rating on (AU:A3D) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Aurora Labs stock, see the AU:A3D Stock Forecast page.

Aurora Labs Seeks ASX Quotation for 14.7 Million New Shares
Dec 23, 2025

Aurora Labs Limited has applied to list 14,681,487 new fully paid ordinary shares on the Australian Securities Exchange, with the securities to be quoted under the ticker A3D from 23 December 2025. The issuance, arising from the exercise or conversion of existing options or other convertible securities, will expand the company’s quoted share base and may influence its capital structure, liquidity, and market valuation as the additional stock comes onto the market.

The most recent analyst rating on (AU:A3D) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Aurora Labs stock, see the AU:A3D Stock Forecast page.

Aurora Labs Issues 4 Million Consultant Options in Strategic Move
Dec 18, 2025

Aurora Labs Limited, a publicly listed company known under the ASX code A3D, announced the issuance of unquoted equity securities, specifically consultant options, totaling 4,000,000 units. This move marks a strategic step, utilizing unquoted securities to align employee and consultant incentives effectively, potentially strengthening stakeholder relationships and operational focus.

The most recent analyst rating on (AU:A3D) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Aurora Labs stock, see the AU:A3D Stock Forecast page.

Aurora Labs Director Converts Performance Rights to Shares
Dec 15, 2025

Aurora Labs Limited announced a change in the director’s interest, with Andrew Garth converting 1,500,000 performance rights into ordinary shares, increasing his total shareholding. This move reflects a strategic alignment of interests and could potentially impact the company’s market perception positively by showcasing confidence in its future performance.

The most recent analyst rating on (AU:A3D) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Aurora Labs stock, see the AU:A3D Stock Forecast page.

Aurora Labs Expands Share Base with New Issuance
Dec 15, 2025

Aurora Labs Ltd announced the issuance of 2,333,334 fully paid ordinary shares, resulting from the conversion of options and performance rights. This move is part of their strategic financial operations, potentially impacting their market positioning by increasing the number of shares available to investors.

The most recent analyst rating on (AU:A3D) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Aurora Labs stock, see the AU:A3D Stock Forecast page.

Aurora Labs Expands Capital with New ASX Quotation
Dec 15, 2025

Aurora Labs Limited has announced the issuance of 833,334 fully paid ordinary securities, which are set to be quoted on the Australian Securities Exchange (ASX) under the code A3D. This move signifies an expansion in the company’s capital structure, potentially enhancing its market presence and providing additional resources for growth and development in the competitive 3D printing industry.

The most recent analyst rating on (AU:A3D) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Aurora Labs stock, see the AU:A3D Stock Forecast page.

Aurora Labs Expands Market Presence with New Securities Issuance
Dec 15, 2025

Aurora Labs Limited has announced the issuance of 1,500,000 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code A3D. This move is part of the company’s strategic efforts to enhance its market presence and operational capabilities, potentially impacting its industry positioning and offering new opportunities for stakeholders.

The most recent analyst rating on (AU:A3D) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Aurora Labs stock, see the AU:A3D Stock Forecast page.

Aurora Labs Secures $250,000 Order for AU4 Propulsion Systems
Dec 9, 2025

Aurora Labs Ltd has secured a maiden order valued at $250,000 from Sovereign Propulsion Systems for 20 AU4 propulsion systems, marking the start of a multi-phase integration and deployment program. This collaboration aims to enhance propulsion capabilities in the Australian market, particularly for unmanned aerial vehicle manufacturers and Defence Primes. The AU4 systems will be used for field testing, providing real-world data to refine product reliability and support Aurora’s commercialisation strategy. This partnership with SPS is expected to accelerate Aurora’s propulsion development roadmap and strengthen its market position by demonstrating the reliability required for broader commercial and defence market engagement.

The most recent analyst rating on (AU:A3D) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Aurora Labs stock, see the AU:A3D Stock Forecast page.

Aurora Labs Completes Tranche 2 Share Issuance
Dec 3, 2025

Aurora Labs Ltd has issued 13,461,539 fully paid ordinary shares as part of Tranche 2 of a placement to sophisticated and professional investors, priced at $0.052 per share. This move is part of a previously announced plan, and the issuance was conducted without disclosure under specific provisions of the Corporations Act, indicating compliance with regulatory requirements and no exclusion of pertinent information.

The most recent analyst rating on (AU:A3D) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Aurora Labs stock, see the AU:A3D Stock Forecast page.

Aurora Labs Announces Quotation of New Securities on ASX
Dec 3, 2025

Aurora Labs Limited has announced the quotation of 13,461,539 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code A3D, effective December 3, 2025. This move is part of a previously announced transaction, potentially enhancing the company’s capital structure and market presence, which could have significant implications for its stakeholders and industry positioning.

The most recent analyst rating on (AU:A3D) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Aurora Labs stock, see the AU:A3D Stock Forecast page.

Aurora Labs Expands Capital Structure with New Securities Issuance
Nov 26, 2025

Aurora Labs Ltd has issued a series of unlisted options and performance rights, totaling 19,066,138 securities, with varying exercise prices and expiration dates. This move, conducted without disclosure under specific sections of the Corporations Act, indicates strategic financial maneuvers to potentially enhance the company’s capital structure and stakeholder engagement.

Aurora Labs Director Acquires Additional Options Post-AGM
Nov 24, 2025

Aurora Labs Limited announced a change in the director’s interest, with David Trimboli acquiring 10 million unlisted options following shareholder approval at the recent AGM. This move reflects strategic financial adjustments within the company, potentially impacting its market positioning by aligning director interests with long-term growth objectives.

Aurora Labs Announces Director’s Interest Change
Nov 24, 2025

Aurora Labs Limited has announced a change in the director’s interest, specifically for Director Andrew Garth. The company has issued 3,000,000 performance rights to Andrew Garth, following shareholder approval at the Annual General Meeting on November 17, 2025. These performance rights are subject to achieving certain milestones and will expire on November 24, 2028. This change reflects the company’s strategy to align the director’s interests with the company’s performance goals, potentially impacting the company’s governance and stakeholder confidence.

Aurora Labs Issues New Director Securities to Enhance Strategic Governance
Nov 21, 2025

Aurora Labs Limited announced the issuance of unquoted securities, including 5 million Unlisted Director Options and 3 million Director Performance Rights, set for issuance on November 24, 2025. This move is part of the company’s strategic initiatives to incentivize its directors, potentially impacting its governance and operational strategies.

Aurora Labs Strengthens Financial Position with Share Issuance
Nov 20, 2025

Aurora Labs Ltd has issued 32,705,441 fully paid ordinary shares as part of Tranche 2 of its Placement, raising approximately $1.7 million. This move, aimed at sophisticated and professional investors, strengthens the company’s financial position and supports its growth strategy in the 3D printing sector.

Aurora Labs Announces Quotation of New Securities on ASX
Nov 19, 2025

Aurora Labs Limited has announced the quotation of 32,705,441 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code A3D, effective November 20, 2025. This move is part of previously disclosed transactions and is expected to strengthen Aurora Labs’ market presence, potentially impacting its operational capabilities and offering new opportunities for stakeholders.

Aurora Labs AGM: Key Resolutions Passed to Strengthen Financial Position
Nov 17, 2025

Aurora Labs Limited held its Annual General Meeting on November 17, 2025, where several resolutions were put to vote. Key resolutions included the election of David Trimboli as Director and the approval of a 10% Placement Facility, both of which were carried with significant support. The meeting also saw the ratification of Tranche 1 Placement Shares and the issuance of Tranche 2 Placement Shares and Broker Options, indicating a strategic focus on expanding the company’s financial capabilities.

Aurora Labs Appoints New Director with Significant Stake
Nov 13, 2025

Aurora Labs Ltd has announced the appointment of Rebekah Letheby as a director effective from November 14, 2025. Letheby holds significant interests in the company’s securities, including 360,605 fully paid ordinary shares and various options, indicating a strong alignment with the company’s future growth. This appointment is likely to influence Aurora Labs’ strategic direction and could impact stakeholder confidence positively.

Aurora Labs Announces Director Departure
Nov 13, 2025

Aurora Labs Limited has announced the cessation of Ashley Zimpel as a director, effective November 14, 2025. This change in the board may impact the company’s strategic direction and stakeholder relationships, as Zimpel held significant interests in the company, including 167,391 ordinary shares and 1,500,000 unlisted options.

Aurora Labs Announces Director Resignation and Interest Disclosure
Nov 13, 2025

Aurora Labs Limited announced the resignation of Grant Mooney as a director, effective November 14, 2025. The notice details Mooney’s interests in the company’s securities, including ordinary shares and unlisted options, indicating a significant stake in the company. This change in the board may impact the company’s strategic direction and stakeholder interests.

Aurora Labs Announces Board Changes to Strengthen Defence Focus
Nov 13, 2025

Aurora Labs Limited has announced changes to its board as part of its ongoing renewal initiative. Non-executive directors Ashley Zimpel and Grant Mooney have stepped down, while CEO Rebekah Letheby has joined the board as a director. Letheby, who has been with the company for over eight years, will continue in her role as CEO and work closely with newly appointed Executive Director Andrew Garth to further develop defence partnerships. This strategic move aims to enhance the company’s capabilities in the additive manufacturing sector and support the commercialisation of its defence product suite.

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: Feb 13, 2026