Adveritas Limited (AV1) AI Stock Analysis

• Market Cap: €170.98M
• Dividend Yield: N/A
• Average Volume (3M): 944.09K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.21
• Revenue Growth: 88.69%
• EPS Growth: 46.39%
• Country: AU
• Employees: N/A
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Infrastructure
• EPS (TTM): >-0.01
• Shares Outstanding: 924,211,100
• 10 Day Avg. Volume: 420,811
• 30 Day Avg. Volume: 944,091
• PEG Ratio: 0.29
• Price to Book (P/B): 21.90
• Price to Sales (P/S): 12.23
• P/FCF Ratio: -32.42
• 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: €0.19
• Price Target Upside: 7.92% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 50 Neutral
• Price Target: AU$0.00 ▼(-100.00% Downside)

Adveritas Limited's overall stock score is driven by its strong revenue growth and positive technical indicators. However, significant challenges in profitability and cash flow, along with a negative P/E ratio, weigh down the score. The lack of earnings call and corporate events data limits additional insights.

Adveritas Limited Business Overview & Revenue Model

Company Description

Adveritas Limited provides funnel measurement, verification, and fraud prevention solutions for digital advertising in Australia and internationally. It develops TrafficGuard, a fraud mitigation software as a service that detects, mitigates, and reports on digital ad fraud before it hits advertising budgets; and nxus, a proprietary mediation platform that offers real-time attribution tracking, analytics, and reporting data for online advertising. The company was formerly known as Tech Mpire Limited and changed its name to Adveritas Limited in December 2018. The company was incorporated in 2012 and is based in Bentley, Australia.

How the Company Makes Money

Adveritas Limited generates revenue through a subscription-based model for its TrafficGuard service, offering different tiers based on the volume of traffic and features required by clients. The company earns money by charging clients a recurring fee for access to its fraud prevention platform, which helps advertisers verify the authenticity of ad engagements in real time. Key revenue streams include direct sales to advertisers and partnerships with digital marketing agencies that integrate TrafficGuard into their service offerings. Additionally, Adveritas may engage in strategic partnerships with large advertising platforms to enhance their fraud detection capabilities, contributing to its earnings.

Adveritas Limited Financial Statement Overview

Summary

Adveritas Limited demonstrates strong revenue growth but faces significant challenges in profitability and cash flow management. The balance sheet shows low leverage, indicating potential financial stability, but the company needs to improve operational efficiency.

Income Statement

Adveritas Limited shows a strong revenue growth rate of 38.93% in the latest year, indicating positive sales momentum. However, the company struggles with profitability, as evidenced by negative net profit and EBIT margins. The gross profit margin is positive, but the overall profitability remains a concern due to high operating losses.

Balance Sheet

The company has a low debt-to-equity ratio of 0.037, suggesting low leverage and potential financial stability. However, the return on equity is negative, indicating that the company is not generating sufficient returns on shareholder investments. The equity ratio is not explicitly calculated, but the low debt levels provide some balance sheet strength.

Cash Flow

Adveritas Limited faces challenges in cash flow management, with negative free cash flow growth and operating cash flow coverage ratios. The free cash flow to net income ratio is slightly above 1, indicating that the company is generating cash flow in line with its net losses, but overall cash flow performance is weak.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	7.84M	7.84M	4.16M	2.95M	2.03M	964.11K
Gross Profit	-3.68M	7.84M	-8.17M	-9.46M	-7.23M	-7.07M
EBITDA	-8.03M	-6.44M	-10.62M	-9.92M	-8.86M	-8.80M
Net Income	-7.09M	-7.09M	-11.59M	-10.92M	-9.08M	-9.00M
Balance Sheet
Total Assets	10.44M	10.44M	6.99M	8.98M	7.13M	4.32M
Cash, Cash Equivalents and Short-Term Investments	9.48M	9.48M	4.29M	6.34M	5.05M	3.23M
Total Debt	163.01K	163.01K	4.54M	4.11M	3.44M	572.06K
Total Liabilities	6.05M	6.05M	8.11M	6.25M	5.47M	2.52M
Stockholders Equity	4.38M	4.38M	-1.12M	2.73M	1.66M	1.80M
Cash Flow
Free Cash Flow	-2.96M	-2.96M	-9.22M	-11.35M	-9.55M	-7.31M
Operating Cash Flow	-2.94M	-2.94M	-9.22M	-11.26M	-9.45M	-7.26M
Investing Cash Flow	-20.88K	-20.88K	889.00	27.27K	351.11K	-42.20K
Financing Cash Flow	8.03M	8.03M	7.18M	12.51M	10.88M	2.26M

Adveritas Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.18
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:AV1, the sentiment is Positive. The current price of 0.18 is above the 20-day moving average (MA) of 0.17, above the 50-day MA of 0.16, and above the 200-day MA of 0.11, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 66.04 is Neutral, neither overbought nor oversold. The STOCH value of 81.11 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:AV1.

Adveritas Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
B4P	71 Outperform	AU$100.00M	14.39	19.30%	―	13.74%	70.80%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
SEN	54 Neutral	AU$48.02M	1.55	-64.51%	―	-38.38%	-277.78%
AV1	50 Neutral	€170.98M	―	-485.99%	―	88.69%	46.39%
WRK	49 Neutral	AU$208.56M	―	-19.83%	―	10.79%	46.67%
DCC	45 Neutral	$98.26M	―	-11.14%	―	40.28%	13.33%
FCT	42 Neutral	AU$22.79M	―	-54.62%	―	-22.47%	39.26%

Adveritas Limited Corporate Events

Adveritas Limited Completes $8.5 Million Capital Raise

Adveritas Limited has successfully raised $8.5 million through the issuance of 85,000,000 new fully paid ordinary shares at $0.10 each. This capital raise, announced earlier and now completed, allows the new shares to be traded immediately, enhancing the company’s financial position and potentially impacting its market strategy.

The most recent analyst rating on (AU:AV1) stock is a Buy with a A$0.18 price target. To see the full list of analyst forecasts on Adveritas Limited stock, see the AU:AV1 Stock Forecast page.

Adveritas Limited Announces Quotation of 85 Million Securities on ASX

Adveritas Limited has announced the quotation of 85 million fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code AV1, effective June 26, 2025. This move is part of previously announced transactions and is expected to enhance the company’s market presence and provide additional capital for growth, potentially impacting stakeholders by increasing the liquidity and visibility of the company’s shares.

The most recent analyst rating on (AU:AV1) stock is a Buy with a A$0.18 price target. To see the full list of analyst forecasts on Adveritas Limited stock, see the AU:AV1 Stock Forecast page.

Adveritas Limited Announces Proposed Issue of 85 Million Securities

Adveritas Limited has announced a proposed issue of 85 million ordinary fully paid securities, scheduled for issuance on June 26, 2025. This strategic move is aimed at raising capital, potentially strengthening the company’s financial position and enhancing its market operations. The issuance could have significant implications for Adveritas’s stakeholders, as it may influence the company’s growth trajectory and competitive standing in the digital advertising sector.

The most recent analyst rating on (AU:AV1) stock is a Buy with a A$0.12 price target. To see the full list of analyst forecasts on Adveritas Limited stock, see the AU:AV1 Stock Forecast page.

$8.5M Raised by Adveritas in Oversubscribed Placement

Adveritas Limited has successfully raised $8.5 million through an oversubscribed institutional placement, issuing 85 million new shares at $0.10 each. The funds will bolster the company’s strategic objectives, including expansion into the USA and new verticals, ongoing product development, and increased integration with affiliate platforms to enhance cross-selling opportunities.

The most recent analyst rating on (AU:AV1) stock is a Buy with a A$0.12 price target. To see the full list of analyst forecasts on Adveritas Limited stock, see the AU:AV1 Stock Forecast page.