Bridge SaaS Ltd. (BGE) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 434.76K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.96
• Revenue Growth: 527.45%
• EPS Growth: 65.90%
• Country: AU
• Employees: 9
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): >-0.01
• Shares Outstanding: 199,859,200
• 10 Day Avg. Volume: 332,881
• 30 Day Avg. Volume: 434,760
• PEG Ratio: 0.04
• Price to Book (P/B): 3.53
• Price to Sales (P/S): 0.41
• P/FCF Ratio: -6.80
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 41 Neutral
• Price Target: AU$0.02 ▼(-25.00% Downside)
• Action: Reiterated Date: 02/20/26
• Date: Action: Reiterated 02/20/26

The score is held down primarily by weak profitability and ongoing cash burn despite the FY2025 revenue and gross margin turnaround. Technical indicators are mixed with longer-term trend weakness (below key moving averages) and negative MACD, while valuation is hard to support with a negative P/E and no stated dividend yield.

Positive Factors

Revenue Growth

A ~111% YoY top-line inflection in FY2025 demonstrates durable demand expansion and successful scaling of sales or product adoption. Sustained high organic growth over multiple quarters can increase operating leverage and create a larger base to absorb fixed costs, improving long-term profitability potential.

Gross Margin Recovery

A rebound to ~71% gross margin materially improves unit economics and indicates better pricing, lower direct costs, or favorable product mix. Higher gross margins make it easier to cover R&D and G&A, giving management room to invest in growth while moving toward sustainable operating profitability over the medium term.

Low Leverage / Balance Sheet Flexibility

A conservative debt profile reduces solvency risk and preserves flexibility to fund growth or bridge cash burn without immediate refinancing pressure. Low leverage increases resilience during execution risk and gives management optionality to pursue M&A or product investment as revenue and margins improve.

Negative Factors

Negative Cash Generation

Persistently negative operating and free cash flow means the business is not yet self-funding and requires external capital to sustain operations. Over months, continued cash burn can shorten runway, force dilutive financings, or constrain investment in go-to-market and product roadmaps, raising execution risk.

Ongoing Unprofitable Operations

A reported net loss margin of roughly -15% despite revenue gains shows the company has not converted scale into consistent profitability. If structural cost or monetization issues persist, extended losses will impede retained earnings, limit reinvestment capacity, and raise dependence on external funding.

Eroded Equity and Weak Returns

Declining book value and multi-year negative ROE signal that past losses have eroded the capital base, reducing the buffer against shocks. A weakened equity position can increase difficulty raising non-dilutive capital and amplifies downside for shareholders if revenue or margin recoveries stall.

Bridge SaaS Ltd. Business Overview & Revenue Model

Company Description

Bridge SaaS Limited provides Software-as-a-Service based customer relationship management software and workflow solutions to the employment, care, and support industries in Australia. The company offers software products for customer relationship management, communications management, client case management, scheduling, forms and assessments, and document management. Its software helps third party providers of government funded programs manage their day-to-day operations in administering some federal government funded programs. The company was formerly known as JN Solutions Australia Pty Ltd. Bridge SaaS Limited was founded in 2008 and is headquartered in Sydney, Australia.

How the Company Makes Money

Bridge SaaS Ltd. generates revenue primarily through subscription-based services. Clients pay a recurring fee to access the company's software products, which are offered at different pricing tiers depending on the features and scale required. Additional revenue streams include premium add-ons, bespoke customization services, and strategic partnerships that allow the integration of third-party services and tools. The company also engages in enterprise-level contracts, providing large-scale solutions tailored to the specific needs of bigger organizations, further contributing to its earnings.

Bridge SaaS Ltd. Financial Statement Overview

Summary

Strong FY2025 revenue growth (~111% YoY) and gross margin rebound (~71%) signal improving unit economics, but profitability is still negative (FY2025 net margin ~-15%) and cash flow remains weak with negative operating and free cash flow. Low leverage helps reduce solvency risk, yet prior losses have pressured equity and returns.

Income Statement

The company delivered a sharp top-line inflection in FY2025, with revenue up ~111% year over year and gross margin rebounding to ~71% after multiple years of negative gross profit. However, profitability remains weak: FY2025 net margin is still negative (~-15%) and operating performance is not yet consistently profitable across the period (large losses in FY2022–FY2024 and only one clearly profitable year in FY2020). The setup is improving, but earnings quality and consistency are still a key overhang.

Balance Sheet

Leverage is low (debt is modest in FY2025 and was effectively zero in prior years), which reduces balance-sheet risk and gives flexibility. That said, shareholder returns have been poor, with negative return on equity across most years, and equity has declined from earlier periods—suggesting losses have eroded the capital base. Overall: relatively conservative debt profile, but weakened profitability has pressured book value and returns.

Cash Flow

Cash generation remains a concern. Operating cash flow is negative in FY2025 and was deeply negative in FY2023–FY2024; free cash flow is also negative in FY2025, indicating the business is still consuming cash despite the revenue rebound. While cash burn appears to have improved materially versus FY2024, the company has not yet demonstrated durable, self-funding operations.

Breakdown	TTM	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	10.02M	7.47M	1.17M	1.41M	1.76M	1.76M
Gross Profit	8.39M	5.29M	-227.97K	-1.32M	-259.38K	8.34K
EBITDA	165.59K	-368.22K	-2.31M	-4.16M	-905.30K	200.01K
Net Income	-728.89K	-1.13M	-2.32M	-4.67M	-1.03M	-21.34K
Balance Sheet
Total Assets	3.33M	3.91M	2.25M	2.07M	2.93M	2.77M
Cash, Cash Equivalents and Short-Term Investments	287.12K	561.81K	1.90M	1.89M	767.74K	574.23K
Total Debt	293.20K	75.91K	0.00	0.00	0.00	0.00
Total Liabilities	1.67M	1.97M	666.61K	715.38K	1.05M	808.87K
Stockholders Equity	717.15K	865.51K	1.59M	1.35M	1.88M	1.96M
Cash Flow
Free Cash Flow	-176.23K	-449.70K	-2.50M	-2.92M	-668.41K	-212.26K
Operating Cash Flow	25.07K	-371.42K	-2.50M	-2.91M	36.53K	-209.46K
Investing Cash Flow	-410.59K	-1.01M	0.00	-17.82K	-704.94K	-804.73K
Financing Cash Flow	-81.88K	47.16K	2.51M	4.05M	861.92K	0.00

Bridge SaaS Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.02
• 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:BGE, the sentiment is Positive. The current price of 0.02 is above the 20-day moving average (MA) of 0.01, above the 50-day MA of 0.02, and above the 200-day MA of 0.02, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 69.39 is Neutral, neither overbought nor oversold. The STOCH value of 175.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:BGE.

Bridge SaaS Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
AMX	48 Neutral	AU$29.92M	-6.49	-31.01%	―	-3.43%	-40.65%
SIS	43 Neutral	AU$7.60M	―	―	―	-26.58%	―
BGE	41 Neutral	―	-4.17	-91.13%	―	527.45%	65.90%
FLX	41 Neutral	AU$38.81M	-5.37	―	―	21.82%	6.83%
OLL	41 Neutral	AU$22.68M	-5.58	―	―	12.77%	53.47%

Bridge SaaS Ltd. Corporate Events

Bridge SaaS Corrects Financing Facilities Disclosure Without Impacting Cash Position

Bridge SaaS Limited has issued a corrective disclosure to amend the financing facilities section of its December 2025 quarterly cash flow report, acknowledging that certain outstanding facilities were omitted from the original Appendix 4C due to an administrative oversight. The updated disclosure confirms total financing facilities of A$224,000 fully drawn at quarter end, comprising secured vehicle finance with Metro Finance and an unsecured director’s loan, and clarifies that the correction does not affect previously reported cash balances, net cash flows or the company’s overall funding position, signalling that the issue is a reporting completeness matter rather than a change to the company’s financial health.

The most recent analyst rating on (AU:BGE) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Bridge SaaS Ltd. stock, see the AU:BGE Stock Forecast page.

Bridge SaaS Advances NDIS Expansion as Brightside Delivers Stable Quarter

Bridge SaaS Limited reported a steady December 2025 quarter, highlighting strong operational performance at its majority-owned Brightside Disability Support & Respite, which continued to deliver structured school holiday programs, improved roster stability, refined internal processes, and enhanced safety and workforce capability, underpinning consistent participant outcomes and service quality. The company advanced its national expansion strategy by launching Bridge Disability Support Pty Ltd in New South Wales, opening its first Supported Independent Living residence in Southwest Sydney with initial participants, hiring core staff, and positioning its NSW operations for further growth, while recording quarterly cash receipts of about $2.99 million, a cash balance of $287,004 at 31 December 2025, and completing the final earn-out payment for the Brightside acquisition, leaving no remaining earn-out obligations.

The most recent analyst rating on (AU:BGE) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Bridge SaaS Ltd. stock, see the AU:BGE Stock Forecast page.

Bridge SaaS Limited Appoints New Non-Executive Chairman

Bridge SaaS Limited has appointed Mr. Jason Falinski as the Non-Executive Chairman, a move seen as strategically important for enhancing the company’s governance, regulatory capabilities, and external engagement. Mr. Falinski’s extensive experience in governance, public policy, and capital markets, along with his networks across various sectors, is expected to support Bridge’s growth and capital management initiatives. The transition of Mr. Richard Gordon to Non-Executive Director will allow him to balance other commitments while continuing to contribute to the company and support Mr. Falinski in his new role.

Bridge SaaS Limited Announces Successful AGM Resolutions

Bridge SaaS Limited held its Annual General Meeting where all resolutions were passed by a poll. Key resolutions included the adoption of the remuneration report, re-election of Director Joshua Quinn, approval of a 10% placement facility, and the appointment of In.Corp Audit & Assurance as the auditor. The successful passing of these resolutions indicates strong shareholder support and positions the company for continued operational stability and potential growth.