Aspermont Limited (ASP) AI Stock Analysis

• Market Cap: AU$20.11M
• Dividend Yield: N/A
• Average Volume (3M): 750.00K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.88
• Revenue Growth: -9.05%
• EPS Growth: 60.00%
• Country: AU
• Employees: 76
• Sector: Communication Services
• Sector Strength: 96
• Industry: Publishing
• EPS (TTM): 0.00
• Shares Outstanding: 2,513,176,800
• 10 Day Avg. Volume: 750,000
• 30 Day Avg. Volume: 750,000
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: 42 Neutral
• Price Target: ―

The overall stock score of Aspermont Limited is significantly impacted by its financial challenges, particularly the declining revenue and troubling cash flow situation. The stable balance sheet with low debt provides some comfort, but the negative P/E ratio and lack of dividend yield weaken the valuation outlook. The absence of technical indicators further clouds the assessment, leading to a below-average score.

Aspermont Limited Business Overview & Revenue Model

Company Description

Aspermont Limited provides media services to resource industries through print, digital media, and face to face networking channels in Australia and internationally. The company offers print and online publications; and organizes events and conferences in various trade sectors, including the mining, agriculture, energy, and technology sector. It also provides XaaS model for B2B media, which distributes content. Aspermont Limited was incorporated in 1961 and is based in Perth, Australia.

How the Company Makes Money

Aspermont Limited generates revenue primarily through a subscription-based model, offering premium digital content and services to its subscribers in the mining, energy, and agricultural sectors. The company leverages its portfolio of publications to attract and retain subscribers who rely on its specialized information for informed decision-making. In addition to subscriptions, Aspermont earns revenue through advertising and sponsorships, given its targeted audience of industry professionals. The company also engages in partnerships and collaborations that enhance its content offerings and expand its reach, contributing to its revenue streams.

Aspermont Limited Financial Statement Overview

Summary

Aspermont Limited faces significant financial challenges, with declining revenue and persistent losses. The balance sheet remains relatively stable with low debt, but declining equity and assets are concerning. The cash flow situation is particularly troubling, with increasing cash outflows and negative free cash flow, pointing towards liquidity issues. The company needs to focus on improving operational efficiency and cash management to stabilize its financial position.

Income Statement

Aspermont Limited shows declining revenue with a negative growth rate of -9.17% from 2023 to 2024. The company has consistently reported negative net profit margins, standing at -10.7% in 2024, indicating ongoing profitability challenges. Gross profit margin declined to 52.05% in 2024, down from 57.5% in 2023, reflecting reduced efficiency in generating profits from revenue. However, the EBIT margin improved to 0% from -5.1% in 2023, indicating some improvement in operational efficiency despite overall losses.

Balance Sheet

The company's balance sheet reveals a stable equity base, with an equity ratio of 26.96% in 2024, although this is a decrease from 26.92% in 2023. The debt-to-equity ratio improved to 0.07 in 2024, down from 0.11 in 2023, indicating decreasing reliance on debt. Despite the declining stockholders' equity, the company maintains a low level of total debt. However, the declining total assets and equity suggest a potential risk to financial stability.

Cash Flow

The cash flow analysis shows negative operating cash flow of -1.65 million AUD in 2024, deteriorating from -0.59 million AUD in 2023. Free cash flow worsened to -2.46 million AUD from -1.64 million AUD, indicating challenges in generating cash from operations. The free cash flow to net income ratio is negative, reflecting inefficiency in cash generation relative to net income. The cash flow situation is concerning, with declining inflows and increasing outflows.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	17.49M	17.49M	19.25M	18.78M	16.05M	15.20M
Gross Profit	9.10M	9.10M	11.06M	12.08M	10.48M	8.88M
EBITDA	-2.10M	-1.54M	-1.16M	671.00K	1.35M	645.00K
Net Income	-1.87M	-1.87M	-1.70M	-429.00K	115.00K	-970.00K
Balance Sheet
Total Assets	14.19M	14.19M	17.31M	17.96M	19.25M	15.36M
Cash, Cash Equivalents and Short-Term Investments	1.39M	1.39M	4.04M	6.63M	7.03M	3.18M
Total Debt	263.00K	263.00K	496.00K	35.00K	557.00K	1.03M
Total Liabilities	11.17M	11.17M	12.65M	11.12M	12.73M	12.11M
Stockholders Equity	3.83M	3.83M	4.66M	6.85M	6.53M	3.25M
Cash Flow
Free Cash Flow	-1.66M	-2.46M	-1.64M	-78.00K	1.73M	1.90M
Operating Cash Flow	-1.65M	-1.65M	-590.00K	578.00K	2.63M	2.48M
Investing Cash Flow	-829.00K	-829.00K	-1.77M	-1.33M	-939.00K	-636.00K
Financing Cash Flow	-174.00K	-174.00K	-225.00K	-487.00K	2.15M	615.00K

Aspermont Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PPL	64 Neutral	AU$49.11M	33.85	23.87%	―	18.95%	1200.00%
Sector *	60 Neutral	$46.60B	4.15	-11.40%	4.15%	1.85%	-42.71%
MXO	55 Neutral	AU$16.71M	―	-1.65%	―	12.07%	98.72%
FSG	52 Neutral	$17.02M	―	-7.44%	―	―	―
ASP	42 Neutral	AU$20.11M	―	-35.22%	―	-9.05%	60.00%
FTI	38 Underperform	AU$25.67M	―	-53.59%	―	-15.18%	89.75%

Aspermont Limited Corporate Events

Aspermont Limited Reports Strong Q3 FY25 Growth and Strategic Progress

Aspermont Limited reported continued subscription growth and strategic progress in Q3 FY25, with total revenue reaching $3.6 million, a 7% increase from the previous quarter. The company secured a significant Nexus contract with a top mining company and anticipates further client acquisitions to support growth into FY26. The launch of new data products and strong performance from the Future of Mining Australia event highlight Aspermont’s robust strategy and potential for future revenue opportunities.

Aspermont Limited Achieves 36th Consecutive Quarter of Subscription Growth

Aspermont Limited has reported its 36th consecutive quarter of growth in subscriptions, with a 6% year-on-year increase in subscription revenue, reaching $2.6 million. The company has achieved a 99% net retention rate and an average revenue per unit of $2.5k, marking a 19% increase. Subscriptions now account for 72% of the total revenue. Key achievements include securing a landmark Nexus contract with a top 3 global mining company and strong pre-results from the Future of Mining Australia event. Additionally, the imminent launch of a new data product and emerging government contracts suggest a promising outlook for Q4.

Aspermont Limited Reports Stable Cash Position Amid Operating Cash Outflows

Aspermont Limited’s latest quarterly cash flow report reveals a slight decrease in net cash from operating activities, with a net outflow of $100,000 for the current quarter. Despite this, the company managed to achieve a net increase in cash and cash equivalents, totaling $671,000 by the end of the period. This financial update indicates a stable cash position, which could support Aspermont’s ongoing operations and strategic initiatives in the media and publishing sector.

Aspermont Limited Issues New Shares Following Performance Rights Conversion

Aspermont Limited has issued 39,989,131 fully paid ordinary shares following the conversion of Performance Rights. This issuance was conducted without disclosure to investors under the Corporations Act, and the company confirms compliance with relevant legal provisions, ensuring transparency and regulatory adherence.

Aspermont Limited Announces Conversion of Performance Rights

Aspermont Limited announced the vesting and exercise of performance rights under its Incentive Performance Rights Plan. A total of 72,464 staff performance rights and 39,916,667 executive performance rights have been converted into ordinary shares. The remaining performance rights are contingent on milestones related to the company’s Return on Equity and Total Shareholder Return compared to the S&P ASX 300 index. This conversion reflects Aspermont’s ongoing commitment to aligning employee and executive incentives with shareholder interests.

Aspermont Limited Announces Quotation of New Securities on ASX

Aspermont Limited has announced the quotation of 39,989,131 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of June 26, 2025. This move is part of an employee incentive scheme, indicating the company’s efforts to enhance employee engagement and align interests with shareholders. The issuance of these securities could potentially impact Aspermont’s market position by increasing its share liquidity and providing additional capital for growth initiatives.

Aspermont Limited to Initiate Quarterly Reporting

Aspermont Limited has announced that it will commence the release of Appendix 4C Quarterly Reports, starting with the June Quarter. This move aligns with the company’s compliance with Listing Rules 4.7B and 4.7C, potentially enhancing transparency and providing stakeholders with regular updates on the company’s financial performance.

Aspermont Reports 35th Consecutive Quarter of Subscription Growth in HY25 Results

Aspermont announced its HY25 results, highlighting a 35th consecutive quarter of growth in subscription revenue, which now accounts for 75% of the group’s total revenue. Despite a 6% decrease in total revenue from continuing operations, the company maintains a strong position in the B2B media sector for mining, with plans to launch new data products and report progress in its Nexus and Live Events divisions, aiming for continued growth in audience and revenue metrics.

Aspermont Limited Reports Strong Subscription Growth and New Opportunities

Aspermont Limited has reported its 35th consecutive quarter of growth in subscriptions, with an annual recurring revenue of $11.2 million, marking a 4% increase year on year. The company has also seen a 17% rise in average revenue per unit and a nearly 100% net retention rate. The company’s subscription revenue now constitutes 75% of its total revenue, a 10% increase from the previous year. Aspermont is exploring new data product opportunities with top mining companies and marketing agency Nexus, as well as expanding its live event, Future of Mining. These initiatives are expected to bring positive outcomes in the second half of the year. The company’s H1 financials show a revenue of $6.7 million from continuous operations, an EBITDA of negative $0.6 million, and net cash of $0.7 million, highlighting emerging cyclical and event-based opportunities.

Aspermont Limited Releases Half-Year Report, Reaffirms Industry Leadership

Aspermont Limited has released its half-year report for the period ending March 31, 2025. The company highlights its operational achievements and reaffirms its mission to enable businesses to make informed decisions for a brighter future. This announcement underscores Aspermont’s commitment to its role in the media industry, enhancing its position as a key player in providing valuable content and solutions to critical industries.

Aspermont Limited Reports Increased Revenue and Profit Amidst Declining Asset Value

Aspermont Limited reported its financial results for the half year ending March 31, 2025, showing a 6% increase in revenue from continuing operations to A$6,724,000 and a 25% rise in net profit after tax from continuing operations. Despite these gains, the company experienced a decline in net tangible assets per share by 27%. The dividend reinvestment plan remains suspended, and no dividends were declared for the period.

Aspermont Limited Announces Proposed Securities Issue

Aspermont Limited has announced a proposed issue of 3,176,055 ordinary fully paid securities, with the issue date set for May 27, 2025. This move is part of a placement or other type of issue, which could impact the company’s financial structure and market positioning by potentially increasing its capital base and enhancing its ability to fund future operations or strategic initiatives.