ActivEX Limited (AIV) AI Stock Analysis

• Market Cap: AU$1.29M
• Dividend Yield: N/A
• Average Volume (3M): 185.94K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.11
• Revenue Growth: N/A
• EPS Growth: -197.56%
• Country: AU
• Employees: 1
• Sector: Basic Materials
• Sector Strength: 69
• Industry: Industrial Materials
• EPS (TTM): -0.01
• Shares Outstanding: 215,502,580
• 10 Day Avg. Volume: 141,331
• 30 Day Avg. Volume: 185,936
• PEG Ratio: -0.30
• Price to Book (P/B): 0.45
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.92
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 36 Underperform
• Price Target: ―

ActivEX Limited's overall stock score is heavily impacted by severe financial challenges, including negative profitability and cash flow issues, high leverage, and poor returns. The lack of technical analysis data adds to the uncertainty, while valuation metrics do not provide a compelling investment case. The company's financial instability and absence of earnings make it a high-risk investment.

ActivEX Limited Business Overview & Revenue Model

Company Description

ActivEX Limited engages in the acquisition, identification, and delineation of mineral resource projects. The company holds a 100% interest in the Georgetown Gold Project covering an area of 149.88 square kilometers located in northeast Queensland; Gilberton Gold Project comprising 143 sub-blocks covering an area of 464 square kilometers; Coalstoun Lakes Copper and Gold Project located in southeast Queensland; Esk Copper and Gold Project comprising 39 sub-block covering an area of 120 square kilometers located in New England Orogen in southeast Queensland; Barambah Gold Project comprising 9 sub-block covering an area of 28 square kilometers located in southeast Queensland; and Pentland Gold Project consisting of 39 sub-block covering an area of 125 square kilometers. ActivEX Limited was incorporated in 2005 and is based in Sydney, Australia.

How the Company Makes Money

ActivEX Limited makes money through the exploration and development of mineral properties, primarily copper and gold. The company generates revenue by discovering mineral deposits and either developing these projects into operational mines or selling stakes in promising projects to other mining companies. Revenue streams may also include joint ventures or partnerships where ActivEX collaborates with other companies to share the risks and rewards of mineral exploration and development. As the projects advance, the company may also earn income from the sale of extracted minerals if production commences.

ActivEX Limited Financial Statement Overview

Summary

ActivEX Limited exhibits significant financial weaknesses across all verticals. The company faces profitability issues with negative margins, high leverage, and inadequate cash flow generation. These factors combine to present a challenging financial outlook with potential liquidity and solvency risks.

Income Statement

ActivEX Limited has shown a negative net profit margin and EBIT margin in TTM, indicating continued losses. The company has not generated consistent revenue over the years, with the latest TTM showing a small revenue figure but still resulting in a substantial net loss. The revenue growth rate and other profitability metrics are not applicable due to inconsistent revenue data. Overall, the company's profitability is weak, and there is a high risk of ongoing financial struggles.

Balance Sheet

The company's balance sheet shows a high debt-to-equity ratio, which implies significant leverage. The equity ratio has decreased over the years, indicating lower equity coverage of assets. Return on Equity is negative due to net losses, reflecting poor returns for shareholders. The stability of the balance sheet is concerning with the high level of debt and declining equity.

Cash Flow

ActivEX Limited has negative free cash flow and operating cash flow in TTM, with no positive cash flow trends over the past periods. The company struggles to generate cash from operations, and free cash flow growth is negative. This indicates liquidity challenges and potential difficulty in sustaining operations without external financing.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
5.23K	0.00	0.00	0.00	―	50.00K
	Gross Profit
5.23K	-3.55K	-5.11K	-3.39K	―	45.86K
	EBIT
-662.99K	-561.55K	-517.40K	-1.49M	-300.81K	―
	EBITDA
-2.55M	-2.44M	-727.05K	-1.51M	-299.75K	-1.52M
	Net Income Common Stockholders
-3.76M	-2.70M	-984.07K	-2.36M	-1.10M	-1.52M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
209.13K	53.33K	680.25K	1.15M	107.21K	209.26K
	Total Assets
6.18M	5.90M	8.35M	10.32M	9.59M	9.43M
	Total Debt
2.67M	2.54M	2.28M	2.78M	3.64M	2.77M
	Net Debt
2.47M	2.49M	1.60M	1.64M	3.53M	2.56M
	Total Liabilities
3.31M	2.67M	2.43M	3.38M	3.72M	2.88M
	Stockholders Equity
2.87M	3.23M	5.93M	6.93M	5.87M	6.55M
Cash Flow		Free Cash Flow
-673.51K	-893.80K	―	―	―	―
	Operating Cash Flow
-373.67K	-437.10K	―	―	―	―
	Investing Cash Flow
429.78K	-189.82K	663.41K	-2.04K	-219.92K	-437.69K
	Financing Cash Flow
-38.10K	0.00	-772.99K	1.75M	486.42K	938.51K

ActivEX Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HMX	60 Neutral	$31.96M	5.82	15.74%	―	―	―
GML	56 Neutral	AU$13.08M	4.92	8.76%	―	―	―
WCN	52 Neutral	€57.68M	―	-195.89%	―	-99.10%	-4350.00%
TLM	51 Neutral	$32.96M	―	-20.67%	―	―	4.00%
Sector *	51 Neutral	$2.01B	-1.11	-21.16%	3.67%	2.69%	-30.65%
SRI	50 Neutral	AU$5.00M	―	-108.74%	―	―	-1766.67%
AIV	36 Underperform	AU$1.29M	―	-62.73%	―	―	-197.56%

ActivEX Limited Corporate Events

ActivEX Limited Reports Positive Cash Flow from Asset Disposal

ActivEX Limited’s latest quarterly cash flow report reveals a net increase in cash and cash equivalents, driven primarily by proceeds from the disposal of tenements, which amounted to $500,000 for the current quarter. Despite a net cash outflow from operating activities, the company’s strategic disposal of assets has positively impacted its cash position, suggesting a focus on optimizing its asset portfolio to strengthen financial stability.

ActivEX Limited Reports Half-Year Financials and Strategic Joint Venture

ActivEX Limited reported a financial loss of $352,589 for the half year ending December 31, 2024, with capitalized exploration and evaluation expenditure totaling $102,512. The company maintains a cash balance of $209,133 and has access to an undrawn loan facility of $2.84 million, ensuring adequate funding for future operations. A significant development is the joint venture agreement with HK Create Capital Investment Group for the Gilberton Gold Project, where HKCCIG will acquire a 75.5% stake for $1 million, potentially reducing to 65% if further investment is not made. Drilling results from the project highlight promising gold findings, which could enhance ActivEX’s industry positioning and stakeholder value.

ASF Group Limited Increases Stake in ActivEX Limited

ActivEX Limited, a company engaged in various business activities, has experienced a change in the substantial holding of its voting shares. ASF Group Limited, a substantial holder, increased its interest to 36,569,079 votes, representing a voting power of 16.97%, up from 19.62% previously. This adjustment may impact the company’s shareholder dynamics and influence future corporate decisions.