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): -0.73
• 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$0.01 ▼(-35.00% 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

Strong revenue growth

A ~111% YoY top-line inflection in FY2025 indicates accelerating product adoption and market traction. Sustained revenue growth supports operating leverage, helps spread fixed costs, and increases the runway to reach breakeven if maintained over the next several quarters.

Improved gross margins

A rebound to ~71% gross margin shows materially improved unit economics, likely from pricing, product mix, or cost control. Higher gross margins directly improve the potential for durable operating profitability as revenue scales and provide structural margin defense versus competitors.

Low leverage / conservative balance sheet

A modest debt profile reduces solvency risk and preserves financial flexibility. With low leverage the company can absorb continued investment or short-term cash burn, access additional funding if needed, and avoid interest-driven constraints on strategic choices.

Negative Factors

Negative and inconsistent profitability

Despite revenue and margin improvement, a ~-15% net margin and historical profit volatility mean the business hasn't reliably converted sales into sustainable net earnings. Persistent negative profitability undermines self-funding and raises execution risk if cost control slips.

Ongoing negative cash flow

Negative operating and free cash flow indicate the company continues to consume cash despite top-line recovery. Continued cash burn constrains investment flexibility, increases dependence on external financing, and raises dilution or refinancing risk over the 2–6 month horizon.

Eroded equity and weak returns

Declining book equity and persistent negative ROE show past losses have eroded the capital base and shareholder value. This weaker equity buffer increases vulnerability to shocks, may raise the cost of new capital, and limits ability to fund growth without dilution.

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. 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: Negative
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BGE, the sentiment is Negative. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.02, and above the 200-day MA of 0.02, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 24.78 is Positive, neither overbought nor oversold. The STOCH value of -40.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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$24.70M	-3.90	-27.05%	―	-3.43%	-40.65%
SIS	43 Neutral	AU$7.60M	-4.57	227.23%	―	-26.58%	―
BGE	41 Neutral	―	-7.69	-92.11%	―	527.45%	65.90%
FLX	41 Neutral	AU$34.33M	-3.17	-151.85%	―	21.82%	6.83%
OLL	41 Neutral	AU$21.90M	-7.44	497.58%	―	12.77%	53.47%

Bridge SaaS Ltd. Corporate Events

Bridge SaaS Slashes Half-Year Loss Amid Revenue Surge but Faces Going-Concern Warning

Bridge SaaS Limited reported an 83.7% surge in revenue from ordinary activities to $5.66 million for the half-year ended 31 December 2025, while its net loss after tax narrowed by 71.9% to $156,036. Despite the improved earnings trajectory, net tangible assets per share fell to negative 1.79 cents from positive 0.99 cents a year earlier, no dividends were declared, and the auditor highlighted a material uncertainty related to the company’s ability to continue as a going concern.

These results underscore a business experiencing strong top-line growth and significantly reduced losses, but still facing balance sheet pressure and capital structure challenges. Investors and other stakeholders are likely to view the combination of rapid revenue expansion and the going-concern warning as a sign that Bridge SaaS must carefully manage funding and liquidity to sustain its growth path and move toward profitability.

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 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.