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AnteoTech Ltd (AU:ADO)
ASX:ADO
Australian Market

AnteoTech Ltd (ADO) AI Stock Analysis

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AU

AnteoTech Ltd

(Sydney:ADO)

Rating:40Underperform
Price Target:
AnteoTech Ltd's overall stock score is low due to significant financial challenges marked by persistent losses and negative cash flows. Technical analysis reflects weak momentum and bearish trends, while valuation remains unattractive with a negative P/E ratio. The company faces substantial risks, primarily from operational inefficiencies and financial instability.

AnteoTech Ltd (ADO) vs. iShares MSCI Australia ETF (EWA)

AnteoTech Ltd Business Overview & Revenue Model

Company DescriptionAnteoTech Limited, a surface chemistry company, develops, commercializes, manufactures, and distributes products for the life sciences, diagnostics, energy, and medical device markets primarily in Australia. Its products include AnteoBind ready-to-use kits to streamline and enhance the conjugation process; AnteoX, an additive that reinforces battery binders helping maximize performance of silicon containing anodes; EuGeni, a COVID-19 antigen rapid test; and AnteoRelease and AnteoCoat. The company was formerly known as Anteo Diagnostics Limited and changed its name to AnteoTech Limited in November 2019. AnteoTech Limited is headquartered in Eight Mile Plains, Australia.
How the Company Makes MoneyAnteoTech Ltd generates revenue through the sale and licensing of its proprietary technologies and products. Key revenue streams include direct sales of its AnteoBind products to diagnostic companies and laboratories, as well as licensing agreements with partners that utilize AnteoTech's technologies in their own product offerings. Additionally, the company may engage in research and development collaborations with other entities, which can provide both funding and potential future royalties. Significant partnerships with industry leaders in the diagnostics and energy sectors further bolster its earnings by expanding the reach and application of its technologies.

AnteoTech Ltd Financial Statement Overview

Summary
AnteoTech Ltd is experiencing significant financial challenges with persistent losses and negative cash flows. The company needs to address operational inefficiencies and improve revenue growth to achieve financial stability. Rising leverage and cash burn are major concerns, despite a stable equity base.
Income Statement
35
Negative
AnteoTech Ltd's revenue growth shows inconsistency, with a decline from 2020 to 2021 and a slight increase in 2023. The company operates at a significant net loss, resulting in a negative net profit margin. Gross profit margins are positive, but the EBIT and EBITDA margins are deeply negative, indicating operational inefficiencies.
Balance Sheet
30
Negative
The company has maintained a stable equity base, but the debt-to-equity ratio has increased over the years, indicating rising leverage. The equity ratio is reasonable, reflecting a moderate level of risk, but the ongoing losses are eroding shareholder equity.
Cash Flow
40
Negative
AnteoTech Ltd experiences negative operating cash flow, indicating challenges in covering operational expenses. The free cash flow has shown some improvement but remains negative, reflecting ongoing cash burn. The company relies heavily on financing activities to support operations.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
-545.39K460.40K365.72K760.88K898.07K299.40K
Gross Profit
-545.39K460.40K365.72K760.88K898.07K1.27M
EBIT
-11.53M-12.77M-13.35M-12.73M-7.74M-4.10M
EBITDA
-8.00M-11.57M-14.86M-12.07M-7.18M-3.67M
Net Income Common Stockholders
-8.72M-8.88M-12.65M-10.72M-6.22M-3.13M
Balance SheetCash, Cash Equivalents and Short-Term Investments
7.38M5.03M2.72M10.10M21.39M3.21M
Total Assets
11.54M9.38M5.36M15.26M23.68M3.91M
Total Debt
2.27M2.31M1.31M1.03M1.28M134.87K
Net Debt
-5.11M-2.71M-1.41M-9.07M-20.11M-3.08M
Total Liabilities
3.84M4.08M2.99M2.91M2.56M699.63K
Stockholders Equity
7.70M5.31M2.38M12.36M21.11M3.21M
Cash FlowFree Cash Flow
-6.94M-7.58M-8.77M-11.77M-4.76M-2.77M
Operating Cash Flow
-6.32M-6.52M-8.08M-8.65M-4.55M-2.50M
Investing Cash Flow
-570.63K-1.06M-690.83K-3.12M-213.07K-270.45K
Financing Cash Flow
9.63M9.89M1.39M482.29K22.94M1.71M

AnteoTech Ltd Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.01
Price Trends
50DMA
0.01
Negative
100DMA
0.02
Negative
200DMA
0.02
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
44.62
Neutral
STOCH
30.56
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ADO, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.02, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 44.62 is Neutral, neither overbought nor oversold. The STOCH value of 30.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:ADO.

AnteoTech Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (53)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
53
Neutral
$5.14B3.23-45.01%2.85%17.55%-0.69%
AUADO
40
Underperform
AU$21.64M-140.07%62.15%33.93%
$279.43M-133.28%
$279.39M-31.16%
AURHT
64
Neutral
AU$18.38M140.00-3.11%89.13%69.57%
AURAC
54
Neutral
AU$246.70M-37.20%32.02%
AUBOT
53
Neutral
AU$696.11M-56.99%10.76%-195.89%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:ADO
AnteoTech Ltd
0.01
-0.01
-50.00%
BRCHF
BrainChip Holdings
0.16
-0.02
-11.11%
PRRUF
Immutep Ltd
0.21
-0.08
-27.59%
AU:RHT
Resonance Health Ltd
0.04
-0.02
-33.33%
AU:RAC
Race Oncology Ltd.
1.36
-0.04
-2.86%
AU:BOT
Botanix Pharmaceuticals Limited
0.37
0.09
32.14%

AnteoTech Ltd Corporate Events

AnteoTech Appoints Interim CEO with Strategic Focus
May 8, 2025

AnteoTech Ltd has formalized an employment agreement with Ms. Merrill Gray, who has stepped into the role of Interim CEO and Managing Director from her previous position as a Non-Executive Director. The agreement, effective from April 16, 2025, to October 16, 2025, includes a base remuneration and a daily rate for CEO services, with performance-based incentives tied to strategic milestones. This leadership transition is expected to guide the company through its strategic review and align its operations with revised strategies, potentially impacting its market positioning and stakeholder interests.

AnteoTech Announces Director Departure and Shareholding Update
Apr 30, 2025

AnteoTech Ltd has announced the cessation of Mr. David Radford as a director effective April 22, 2025. Mr. Radford, through Lucremont Pty Ltd, holds significant interests in the company, including ordinary shares and a substantial number of unlisted options. This change in directorship may influence the company’s strategic direction and stakeholder interests, given Mr. Radford’s notable shareholding and involvement in the company.

AnteoTech Ltd Reports Quarterly Progress Amid Strategic Realignment
Apr 30, 2025

AnteoTech Ltd has released its quarterly cashflow report and activities update for the period ending March 31, 2025, highlighting significant developments in its advanced battery technologies and life sciences divisions. The company is advancing its Ultranode™ technology, targeting the consumer electronics and e-Mobility markets, and is engaged in evaluations with major global chemical companies and Mercedes-Benz. In life sciences, AnteoTech is pursuing increased orders from the Serum Institute of India and negotiations with Vidcare. The company is undergoing strategic and cultural reviews to align its resources for growth, with a focus on sales, marketing, and cost management. Despite challenges in the global EV market, AnteoTech remains committed to leveraging its innovative technology suite to unlock shareholder value.

AnteoTech to Release March Quarterly Report and Host Investor Webinar
Apr 24, 2025

AnteoTech Ltd announced it will release its March Quarterly Appendix 4C and Report on April 30, 2025, accompanied by a webinar hosted by Interim CEO and Managing Director, Ms. Merrill Gray. This announcement indicates the company’s ongoing commitment to transparency and engagement with stakeholders, potentially impacting its market positioning and investor relations.

AnteoTech Appoints Merrill Gray as Interim CEO
Apr 15, 2025

AnteoTech Ltd has appointed Ms. Merrill Gray as the Interim CEO and Managing Director, following Mr. Radford’s decision to step down. Ms. Gray brings over 30 years of experience in mineral processing and energy transitioning, with a focus on critical minerals and battery materials supply chains. Her appointment is expected to advance the commercialisation of AnteoTech’s products and technologies in the clean energy and life sciences markets, leveraging her expertise in emerging global markets.

AnteoTech Announces Director Departure and Securities Interests
Apr 15, 2025

AnteoTech Ltd announced the cessation of Mr. Ewen Crouch as a director effective April 14, 2025. The notice details Mr. Crouch’s interests in securities, which include ordinary shares and various options held through Wersley Investments Pty Ltd and Wersley Pty Ltd atf Ewen Crouch Family Trust. This change in the board could impact the company’s strategic direction and stakeholder interests.

AnteoTech Appoints New Chair Amid Strategic Refocus
Mar 31, 2025

AnteoTech Ltd has appointed Ms. Glenda McLoughlin as the new non-executive Chair, effective April 1, 2025. Ms. McLoughlin brings over 20 years of experience on listed company boards and has previously chaired the Audit and Risk Committee and the Energy Advisory Board. This leadership change follows a strategic refocusing of the company towards the commercialization of its AnteoBind™ and Anteo X™ technologies, as well as the development of its Ultranode™ technology and pilot plant construction. The company is now well-positioned to advance its commercial pipeline, thanks to the groundwork laid by outgoing Chair Mr. Ewen Crouch AM and Dr. Katherine Woodthorpe AO.

AnteoTech Announces Board Changes Amidst Strategic Focus
Mar 30, 2025

AnteoTech Ltd announced the retirement of independent non-executive directors Ewen Crouch AM and Dr. Katherine Woodthorpe AO, effective April 14, 2025. This change in the board could impact the company’s strategic direction, and stakeholders are awaiting the announcement of the next Chair. The company continues to focus on its core markets of clean energy and life sciences, leveraging its proprietary technologies to maintain a competitive edge.

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.