Aquirian Limited (AU:AQN)
ASX:AQN
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Aquirian Limited
(Sydney:AQN)
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Rating:49Neutral
Price Target:
AU$0.40
▼(-5.24% Downside)
Action:ReiteratedDate:03/24/26
The score is held back primarily by weak financial performance: significant margin deterioration, ongoing losses, higher leverage, and a return to negative free cash flow. Technicals are mixed with modest longer-term support but near-term resistance, while valuation appears moderate based on the provided P/E.
Positive Factors
Diversified service segments
Aquirian operates across equipment leasing, people/recruitment and proprietary mining technology, which spreads revenue sources and client exposure. This structural diversification reduces reliance on any single cyclical market, enables cross-selling, and supports steadier revenue and operational resilience over the next several quarters.
Negative Factors
Severe margin deterioration
A sharp drop in gross margin and a move to operating losses represent a structural profitability challenge. Sustained margin compression erodes the firm's ability to convert revenue into cash and returns, forcing either sustained cost restructuring, price resets, or shifts in business mix to restore long-term viability.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified service segments
Aquirian operates across equipment leasing, people/recruitment and proprietary mining technology, which spreads revenue sources and client exposure. This structural diversification reduces reliance on any single cyclical market, enables cross-selling, and supports steadier revenue and operational resilience over the next several quarters.
Read all positive factors
Aquirian Limited (AQN) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$43.45M
Dividend YieldN/A
Average Volume (3M)216.44K
Price to Earnings (P/E)13.6
Beta (1Y)1.19
Revenue Growth12.74%
EPS Growth-392.59%
CountryAU
EmployeesN/A
SectorIndustrials
Sector Strength72
IndustryRental & Leasing Services
Share Statistics
EPS (TTM)<0.01
Shares Outstanding105,978,424
10 Day Avg. Volume373,882
30 Day Avg. Volume216,440
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)2.27
Price to Sales (P/S)1.12
P/FCF Ratio-17.28
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.01
Revenue Forecast (FY)AU$37.90M
Aquirian Limited Business Overview & Revenue Model
Company Description
Aquirian Limited provides equipment, workforce, technology products, and training solutions to the mining and resources industry in Australia, New Zealand, and internationally. It develops and distributes the Collar Keeper system to clients in the...
Aquirian Limited Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
48
Neutral
Cash Flow
30
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 29.18M | 26.01M | 23.07M | 26.16M | 17.43M | 12.46M |
| Gross Profit | 4.56M | 4.50M | 13.10M | 15.62M | 9.97M | 2.03M |
| EBITDA | -82.95K | -914.70K | 2.06M | 3.59M | 2.75M | 1.74M |
| Net Income | -2.18M | -3.41M | -649.00K | 546.82K | 558.15K | 623.36K |
Balance Sheet | ||||||
| Total Assets | 34.39M | 34.54M | 33.38M | 25.72M | 22.97M | 8.40M |
| Cash, Cash Equivalents and Short-Term Investments | 6.77M | 6.85M | 4.73M | 3.32M | 7.99M | 1.69M |
| Total Debt | 15.28M | 15.10M | 16.07M | 9.30M | 7.07M | 1.74M |
| Total Liabilities | 18.30M | 21.75M | 22.12M | 13.73M | 11.92M | 5.98M |
| Stockholders Equity | 16.10M | 12.79M | 11.27M | 11.99M | 11.05M | 2.42M |
Cash Flow | ||||||
| Free Cash Flow | -2.82M | -1.68M | 3.06M | -4.98M | -1.33M | 465.41K |
| Operating Cash Flow | 386.52K | 1.16M | 6.79M | 793.75K | 2.10M | 1.25M |
| Investing Cash Flow | -2.55M | -2.46M | -2.27M | -5.65M | -6.07M | -1.19M |
| Financing Cash Flow | 5.14M | 3.41M | -3.12M | 184.28K | 10.28M | -156.35K |
Aquirian Limited Technical Analysis
Negative
0.42
Price Trends
0.41
Negative
0.42
Negative
0.39
Positive
Market Momentum
<0.01
Negative
49.83
Neutral
58.73
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:AQN, the sentiment is Negative. The current price of 0.42 is above the 20-day moving average (MA) of 0.41, above the 50-day MA of 0.41, and above the 200-day MA of 0.39, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 49.83 is Neutral, neither overbought nor oversold. The STOCH value of 58.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:AQN.
Aquirian Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
61 Neutral | AU$64.29M | 7.32 | 17.89% | 0.49% | -8.28% | 89.71% | |
57 Neutral | AU$16.35M | 3.85 | 13.83% | ― | -6.52% | -20.79% | |
49 Neutral | AU$43.45M | 13.58 | -15.10% | ― | 12.74% | -392.59% | |
48 Neutral | AU$30.70M | -16.21 | -15.66% | ― | 11.53% | 46.15% |
* Industrials Sector Average
AU:AQN
Aquirian Limited
0.41
0.15
60.78%
AU:VBC
Verbrec Ltd
0.21
0.14
187.67%
AU:SSH
SSH Group Ltd.
0.15
<0.01
3.45%
AU:DEM
De.mem Ltd.
0.09
<0.01
4.44%
Aquirian Limited Corporate Events
Aquirian Strengthens Governance with Appointment of New Company Secretary
Mar 24, 2026
Aquirian Limited, a technology-driven mining services provider, delivers drill and blast solutions through its core divisions and its Western Energetics subsidiary, which offers storage, logistics and energetic solutions to support mining operatio...
Aquirian outlines investment profile at institutional investor conference
Mar 17, 2026
Aquirian Limited has released a corporate presentation titled “Accelerating Innovation Growth” ahead of its appearance at the Euroz Hartleys Institutional Investor Conference on 18 March 2026. The document positions the company for po...
Aquirian boosts Drillforce capability as Topgroup JV shelved but support maintained
Mar 12, 2026
Aquirian has provided an operational update on its Drillforce WA business, a wholly owned subsidiary and a key pillar of its growth strategy focused on integrated, technology-driven drill and blast services. The company has secured two new drill r...
Aquirian CFO and Company Secretary to Depart After Five-Year Tenure
Mar 3, 2026
Aquirian Limited, an ASX-listed mining services provider, focuses on drill and blast solutions supported by its Energetics, Technology and People divisions, as well as the Western Energetics facility in Western Australia. The company aims to enhan...
Aquirian Delivers Strong H1 FY26 Growth and Advances Wubin and Tech Strategy
Feb 19, 2026
Aquirian reported a strong first half of FY26, with revenue rising 27.4% to $16.9 million and EBITDA more than doubling to $2.5 million, underpinned by a solid balance sheet with $16.1 million in net assets and $6.7 million in cash. The company al...
Aquirian Posts Strong Half-Year Profit Surge But Holds Off on Dividends
Feb 19, 2026
Aquirian Limited reported a strong first half for the period ended 31 December 2025, with revenue from ordinary activities rising 24.3% to $16.3 million and EBITDA more than doubling, up 103.9% to $2.54 million. Profit after tax attributable to sh...
Aquirian Posts Strong H1 FY26 Growth as Wubin Strategy and Tech Portfolio Advance
Jan 14, 2026
Aquirian Limited reported a strong first half for FY26, with revenue rising 27.4% to $16.9 million and EBITDA more than doubling to $2.5 million, supported by a solid balance sheet with $16.1 million in net assets and $6.7 million in cash. Operati...
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.