Blackwall Limited (AU:BWF)
ASX:BWF
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Blackwall Limited
(Sydney:BWF)
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Rating:46Neutral
Price Target:
AU$0.15
â–Ľ(-30.00% Downside)
Action:ReiteratedDate:03/24/26
The score is held down primarily by materially weaker financial performance (sharp revenue decline, large net loss, and negative free cash flow) despite a low-leverage balance sheet. Technicals also lean bearish with price below key moving averages and a negative MACD. Valuation is only moderately supportive due to a high dividend yield, but negative earnings and weak cash generation limit confidence.
Positive Factors
Low Leverage
A debt-free balance sheet materially reduces financing risk and preserves flexibility to support operations or opportunistic investments while earnings recover. Over the next 2–6 months this structural strength lowers default risk and keeps refinancing or covenant pressure off the company’s recovery path.
Negative Factors
Revenue Collapse
A material fall in top-line and a large net loss signal deterioration in core demand or pricing power, reducing the company’s ability to cover fixed costs and invest. Over 2–6 months this structural revenue weakness hampers margin recovery, constrains cash flow and raises execution risk for turnaround plans.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
A debt-free balance sheet materially reduces financing risk and preserves flexibility to support operations or opportunistic investments while earnings recover. Over the next 2–6 months this structural strength lowers default risk and keeps refinancing or covenant pressure off the company’s recovery path.
Read all positive factors
Blackwall Limited (BWF) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$29.12M
Dividend Yield4.88%
Average Volume (3M)85.86K
Price to Earnings (P/E)―
Beta (1Y)1.32
Revenue Growth-35.47%
EPS Growth-216.59%
CountryAU
Employees3
SectorFinancial
Sector Strength70
IndustryAsset Management
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding171,290,470
10 Day Avg. Volume171,824
30 Day Avg. Volume85,858
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)1.27
Price to Sales (P/S)42.97
P/FCF Ratio-62.40
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Blackwall Limited Business Overview & Revenue Model
Company Description
BlackWall Limited (ASX:BWF), formerly BlackWall Property Funds Limited, conducts vertically integrated property funds management business. The firm manages, develops and finance income-producing real estate on behalf of retail, high net worth and ...
Blackwall Limited Financial Statement Overview
Summary
Income Statement
32
Negative
Balance Sheet
58
Neutral
Cash Flow
40
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 604.00K | 1.45M | 1.45M | 1.54M | 6.36M | 5.72M |
| Gross Profit | -293.00K | 255.00K | 711.00K | 5.50M | 5.15M | 4.66M |
| EBITDA | -1.33M | 255.00K | -3.27M | -36.00K | 2.08M | 2.02M |
| Net Income | -12.76M | -13.27M | 4.66M | -1.01M | 1.65M | 3.03M |
Balance Sheet | ||||||
| Total Assets | 44.01M | 50.14M | 72.94M | 26.96M | 27.53M | 26.84M |
| Cash, Cash Equivalents and Short-Term Investments | 104.00K | 24.00K | 1.41M | 5.79M | 1.17M | 3.13M |
| Total Debt | 0.00 | 0.00 | 0.00 | 5.33M | 466.00K | 596.00K |
| Total Liabilities | 1.27M | 1.33M | 2.87M | 8.71M | 4.97M | 4.85M |
| Stockholders Equity | 42.65M | 48.71M | 70.07M | 18.26M | 22.56M | 22.00M |
Cash Flow | ||||||
| Free Cash Flow | -240.00K | -995.00K | 1.74M | 2.13M | 1.10M | 3.76M |
| Operating Cash Flow | -240.00K | -995.00K | 1.74M | 2.20M | 1.13M | 3.79M |
| Investing Cash Flow | 2.20M | 1.51M | -3.49M | 867.00K | -801.00K | -429.00K |
| Financing Cash Flow | -1.93M | -1.90M | -2.63M | 1.56M | -2.29M | -2.97M |
Blackwall Limited Technical Analysis
Positive
0.21
Price Trends
0.16
Positive
0.16
Negative
0.21
Negative
Market Momentum
>-0.01
Positive
49.52
Neutral
22.22
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BWF, the sentiment is Positive. The current price of 0.21 is above the 20-day moving average (MA) of 0.16, above the 50-day MA of 0.16, and above the 200-day MA of 0.21, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 49.52 is Neutral, neither overbought nor oversold. The STOCH value of 22.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:BWF.
Blackwall Limited Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | AU$60.75M | 2.97 | 35.99% | 6.39% | 22.67% | 19.47% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
62 Neutral | AU$56.52M | 4.79 | 8.15% | 7.22% | 21.16% | 47.24% | |
61 Neutral | AU$55.07M | 19.67 | 3.43% | 6.89% | 30.36% | -31.47% | |
60 Neutral | AU$72.23M | 5.60 | 13.05% | 7.14% | 13.65% | -33.93% | |
46 Neutral | AU$29.12M | -9.22 | -27.93% | 4.88% | -35.47% | -216.59% |
* Financial Sector Average
AU:BWF
Blackwall Limited
0.17
-0.08
-31.17%
AU:MAM
Microequities Asset Management Group Ltd.
0.47
>-0.01
-0.64%
AU:SB2
Salter Brothers Emerging Companies Ltd.
0.66
-0.05
-6.70%
AU:CAF
Centrepoint Alliance Limited
0.35
0.03
10.93%
AU:PFG
Prime Financial Group Limited
0.22
0.01
4.76%
Blackwall Limited Corporate Events
BlackWall director Seph Glew marginally increases shareholding via on-market trade
Mar 22, 2026
BlackWall Limited has disclosed a change in the relevant interests of director JR (Seph) Glew in the company’s ordinary shares, held indirectly through Seno Management Pty Ltd . The notice, lodged with the ASX, records an on-market trade in ...
BlackWall Director Seph Glew Increases Indirect Shareholding
Mar 10, 2026
BlackWall Limited has disclosed a change in director JR (Seph) Glew’s relevant interest in the company’s ordinary shares, following on-market trades executed through Seno Management Pty Ltd on 3 and 4 March 2026. The transactions mode...
BlackWall director Seph Glew lifts indirect stake with on‑market share purchases
Feb 23, 2026
BlackWall director JR (Seph) Glew has increased his indirect stake in the company through a series of on‑market trades conducted between 16 and 18 February 2026 via three associated entities. The transactions lifted his total holding from 50...
BlackWall Tightens Disclosure on Chairman’s Share Purchases
Feb 5, 2026
BlackWall Limited has issued an amendment to its previously released Change of Director’s Interest Notice for chairman JR (Seph) Glew, providing a more detailed breakdown of recent share purchases made through associated entities Jagar Holdi...
BlackWall Director Seph Glew Boosts Stake in On-Market Purchase
Feb 4, 2026
BlackWall Limited, an Australian real estate funds manager and property investment platform, focuses on managing specialized funds and providing property services to income-focused investors. Director JR (Seph) Glew increased his indirect holding ...
BlackWall Director Seph Glew Increases Indirect Shareholding
Jan 23, 2026
BlackWall Limited has disclosed a change in the shareholding of director JR (Seph) Glew, whose relevant interest is held indirectly through Seno Management Pty Ltd . Between 16 and 21 January 2026, Glew acquired 500,000 ordinary shares in BlackWal...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.