Aspermont Limited (ASP) AI Stock Analysis

• Market Cap: AU$19.79M
• Dividend Yield: N/A
• Average Volume (3M): 16.67K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.57
• Revenue Growth: -9.05%
• EPS Growth: 60.00%
• Country: AU
• Employees: 76
• Sector: Communication Services
• Sector Strength: 90
• Industry: Publishing
• EPS (TTM): 0.00
• Shares Outstanding: 2,473,187,700
• 10 Day Avg. Volume: 16,666
• 30 Day Avg. Volume: 16,666
• PEG Ratio: -1.41
• Price to Book (P/B): 8.82
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -774.76
• 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 its subscription-based business model, which includes digital and print subscriptions to its various publications. The company also makes money through advertising services, where it offers targeted advertising opportunities in its publications and digital platforms. Additionally, Aspermont has developed premium data and analytics services that it sells to businesses seeking in-depth information and analysis. Key partnerships with industry players and events further enhance its revenue streams by providing collaborative opportunities and expanded reach.

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
Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
17.49M	19.25M	18.78M	16.05M	15.20M
	Gross Profit
9.10M	11.06M	12.08M	10.48M	8.88M
	EBIT
-2.12M	-982.00K	-1.29M	229.00K	-792.00K
	EBITDA
-1.54M	-1.16M	513.00K	1.35M	645.00K
	Net Income Common Stockholders
-1.87M	-1.70M	-429.00K	-322.00K	-970.00K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.39M	4.04M	6.63M	7.03M	3.18M
	Total Assets
14.19M	17.31M	17.96M	19.25M	15.36M
	Total Debt
263.00K	496.00K	35.00K	557.00K	1.03M
	Net Debt
-1.13M	-3.55M	-6.60M	-6.47M	-2.15M
	Total Liabilities
11.17M	12.65M	11.12M	12.73M	12.11M
	Stockholders Equity
3.83M	4.66M	6.85M	6.53M	3.25M
Cash Flow		Free Cash Flow
-2.46M	-1.64M	-78.00K	1.73M	1.90M
	Operating Cash Flow
-1.65M	-590.00K	578.00K	2.63M	2.48M
	Investing Cash Flow
-829.00K	-1.77M	-1.33M	-939.00K	-636.00K
	Financing Cash Flow
-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
Sector *	61 Neutral	$14.79B	5.90	-3.99%	6.20%	2.67%	-30.30%
ASP	42 Neutral	AU$19.79M	―	-35.22%	―	-9.05%	60.00%
SFRRF		$3.47B	39.79	5.11%	―	―	―
SMUPF		$1.93B	―	-1.24%	1.52%	―	―
RUL	73 Outperform	AU$669.72M	108.14	11.59%	―	9.76%	-28.92%
BGL	54 Neutral	AU$1.38B	12.64	14.70%	―	861.38%	―
MML		AU$3.96M	―	-59.80%	―	―	―

Aspermont Limited Corporate Events

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.

Aspermont Limited Updates Director’s Interest with New Performance Rights

Aspermont Limited has announced a change in the interests of its director, Alexander L. Kent, with the issuance of 15,666,667 Unlisted Incentive Performance Rights. This issuance, approved by shareholders, is part of the company’s Performance Rights Plan, reflecting a strategic move to align executive incentives with company performance. This change in director’s interests signifies Aspermont’s commitment to enhancing its executive compensation structure, potentially impacting its operational strategies and shareholder value.