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BSA Limited
(Sydney:BSA)
BSA Limited (BSA) vs. iShares MSCI Australia ETF (EWA)
BSA Limited Business Overview & Revenue Model
BSA Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 286.98M | 286.98M | 255.46M | 239.67M | 244.10M | 418.35M |
| Gross Profit | 43.77M | 43.77M | 69.34M | 23.55M | 5.80M | 18.90M |
| EBITDA | 30.95M | 30.95M | 22.21M | 16.25M | -38.98M | 12.75M |
| Net Income | 3.73M | 3.73M | 10.63M | -2.96M | -42.24M | 9.00K |
Balance Sheet | ||||||
| Total Assets | 46.60M | 46.60M | 59.28M | 62.52M | 127.63M | 125.20M |
| Cash, Cash Equivalents and Short-Term Investments | 23.97M | 23.97M | 1.57M | 1.96M | 13.44M | 12.82M |
| Total Debt | 1.57M | 1.57M | 10.78M | 9.94M | 22.30M | 9.22M |
| Total Liabilities | 39.65M | 39.65M | 57.67M | 72.12M | 134.72M | 101.09M |
| Stockholders Equity | 6.95M | 6.95M | 1.60M | -9.61M | -7.09M | 24.11M |
Cash Flow | ||||||
| Free Cash Flow | 30.43M | 30.43M | -1.60M | -20.02M | -16.06M | -11.32M |
| Operating Cash Flow | 30.48M | 30.48M | -1.05M | -17.93M | -13.77M | -7.58M |
| Investing Cash Flow | -404.00K | -404.00K | -1.46M | 17.72M | -2.32M | -2.34M |
| Financing Cash Flow | -7.67M | -7.67M | 2.12M | -11.27M | 16.71M | -15.00M |
BSA Limited Technical Analysis
BSA Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ― | ― | ― | ― | 66.22% | 20.83% | |
69 Neutral | AU$30.68M | 8.14 | 17.38% | 0.95% | -8.28% | 89.71% | |
69 Neutral | AU$10.17M | 2.68 | 87.22% | ― | 12.34% | -66.13% | |
65 Neutral | AU$23.79M | 19.12 | 3.66% | ― | -9.21% | -42.37% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
50 Neutral | AU$9.79M | 3.21 | -11.81% | ― | -36.40% | -192.91% | |
41 Neutral | AU$12.46M | ― | -90.66% | ― | -6.10% | 12.50% |
BSA Limited Corporate Events
BSA Limited has reported a significant increase in trading volume and share price following its quarterly activities report. Despite strong financial results for FY25, the company faces challenges due to the loss of key contracts, which previously made up 92% of its revenue. BSA is actively seeking alternative revenue sources and undergoing internal restructuring, incurring $8.3 million in restructuring costs. The company remains committed to updating the market on further developments.
The most recent analyst rating on (AU:BSA) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on BSA Limited stock, see the AU:BSA Stock Forecast page.
BSA Limited, listed on the ASX under the ticker BSA, has announced that NAOS Asset Management Limited and its related parties have ceased to be substantial holders in the company. This change in substantial holding is in compliance with section 671B of the Corporations Act 2001 and reflects a shift in the voting securities held by NAOS and its associates. The announcement may impact BSA Limited’s shareholder composition and could influence market perceptions of the company’s stock.
The most recent analyst rating on (AU:BSA) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on BSA Limited stock, see the AU:BSA Stock Forecast page.
BSA Limited reported a 7% increase in FY2025 revenue to $286.8 million and a 42% rise in EBITDA pre-significant items to $30.9 million, despite facing challenges due to the loss of major contracts with NBN Co and reduced volumes in smart metering. The company is undergoing restructuring to mitigate the financial impacts, having incurred $8.3 million in restructuring costs, and is focused on maximizing profitability from its remaining operations. The loss of these contracts, which constituted about 92% of BSA’s revenue, poses significant challenges, but the company maintains a net cash position of $23.9 million and is working on resetting its business model.
The most recent analyst rating on (AU:BSA) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on BSA Limited stock, see the AU:BSA Stock Forecast page.
BSA Limited has announced a change in the interests of a substantial holder, NAOS Asset Management Limited, as per the requirements of the Corporations Act 2001. The change reflects a decrease in voting power from 32.72% to 30.15%, indicating a shift in the ownership dynamics within the company, which could have implications for its governance and strategic direction.
The most recent analyst rating on (AU:BSA) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on BSA Limited stock, see the AU:BSA Stock Forecast page.
BSA Limited has announced the appointment of Nanda Herling as its new Chief Financial Officer and Company Secretary, effective July 1, 2025. Nanda brings over 15 years of experience in financial management, having worked with ASX-listed entities, SMEs, and multinationals, and has been with BSA for over four years. Her appointment is expected to enhance BSA’s financial operations and strengthen its position in the telecommunications, smart energy, and EV sectors.
The most recent analyst rating on (AU:BSA) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on BSA Limited stock, see the AU:BSA Stock Forecast page.
BSA Limited has announced the resignation of its Chief Financial Officer, Arjan van Ameyde, who is leaving to pursue a new opportunity. The company is in the process of appointing a new CFO and expects to make an announcement soon. This transition is expected to be smooth, as Arjan will remain with the company during the handover period. The announcement reflects the company’s ongoing efforts to maintain stability and continuity in its leadership team, which is crucial for its operations and relationships within the telecommunications and smart energy sectors.
The most recent analyst rating on (AU:BSA) stock is a Buy with a A$1.62 price target. To see the full list of analyst forecasts on BSA Limited stock, see the AU:BSA Stock Forecast page.
BSA Limited has announced that Brendan York has ceased to be a director of the company as of June 11, 2025. This final director’s interest notice indicates that York held no relevant interests in securities, either as a registered holder or otherwise, at the time of his departure. The announcement is part of the company’s compliance with ASX listing rules and the Corporations Act, ensuring transparency and proper disclosure of changes in directorship, which may impact stakeholders’ perception of the company’s governance.
The most recent analyst rating on (AU:BSA) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on BSA Limited stock, see the AU:BSA Stock Forecast page.
BSA Limited has announced a leadership transition with Joint CEOs Richard Bartley and Arno Becker stepping down, and Sasho Kacevski appointed as the new CEO, effective June 2, 2025. This change is part of a major restructuring effort following the company’s unsuccessful bid for the new NBN Co Field Module tender, aiming to align with a reduced operating footprint and cost base. Additionally, Arjan van Ameyde has been appointed as the new CFO and Company Secretary. BSA has also revised its financing facilities with the Commonwealth Bank of Australia, reducing its base borrowing and guarantee facilities to better align with its current working capital needs.
The most recent analyst rating on (AU:BSA) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on BSA Limited stock, see the AU:BSA Stock Forecast page.
BSA Limited has announced the appointment of Paul Heick as an additional Non-Executive Director. With over 25 years of experience in financial leadership across infrastructure, engineering, and telecommunications sectors, Paul is expected to contribute significantly to BSA’s strategic business growth and operational transformation. This appointment is likely to strengthen BSA’s industry positioning and enhance its operational capabilities, benefiting stakeholders and supporting the company’s growth objectives.
The most recent analyst rating on (AU:BSA) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on BSA Limited stock, see the AU:BSA Stock Forecast page.
BSA Limited has announced the cessation of Christopher Halios-Lewis as a director, effective April 24, 2025. The company has reported that Halios-Lewis holds no relevant interests in securities as either a registered or non-registered holder, and has no interests in contracts, indicating a clean departure from the company’s board.