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YPB Group Ltd.
(Sydney:CDE)
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Rating:43Neutral
Price Target:
AU$0.01
â–²(0.00% Upside)
Action:Reiterated
Date:07/01/26
The score is primarily held down by weak financial performance: widening losses, materially negative operating/free cash flow, and a weakening capital structure with higher leverage. Technicals are neutral-to-slightly negative (flat vs 20/50-day but below the 100-day average), while valuation is constrained by a negative P/E and no dividend yield support.
Positive Factors
Proprietary anti‑counterfeit tech
YPB's core offering of proprietary physical markers and verification systems is a durable competitive asset. Owning specialized technology creates barriers to entry, supports customer stickiness with brand owners and supply‑chain participants, and enables recurring service or platform opportunities as adoption scales.
Negative Factors
Widening losses
Materially wider net losses reflect inability to translate gross margin into operating profit. Persistent negative margins erode retained earnings, constrain reinvestment capacity, and increase reliance on external capital. Without sustained margin improvement, long-term viability depends on financing or structural cost reductions.
Read all positive and negative factors
Positive Factors
Negative Factors
Proprietary anti‑counterfeit tech
YPB's core offering of proprietary physical markers and verification systems is a durable competitive asset. Owning specialized technology creates barriers to entry, supports customer stickiness with brand owners and supply‑chain participants, and enables recurring service or platform opportunities as adoption scales.
Read all positive factors
YPB Group Ltd. (CDE) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$9.66M
Dividend YieldN/A
Average Volume (3M)3.49M
Price to Earnings (P/E)―
Beta (1Y)2.05
Revenue Growth-3.80%
EPS Growth39.62%
CountryAU
EmployeesN/A
SectorIndustrials
Sector Strength72
IndustrySoftware - Application
Share Statistics
EPS (TTM)-0.02
Shares Outstanding1,073,058,600
10 Day Avg. Volume2,940,707
30 Day Avg. Volume3,491,182
Financial Highlights & Ratios
PEG Ratio0.09
Price to Book (P/B)4.64
Price to Sales (P/S)6.42
P/FCF Ratio-1.38
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
YPB Group Ltd. Business Overview & Revenue Model
Company Description
Codeifai Limited, headquartered in Sydney, Australia, was established in 2004 and rebranded from YPB Group Limited in August 2024. The company specializes in developing and commercializing advanced solutions for anti-counterfeiting, product verifi...
How the Company Makes Money
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YPB Group Ltd. Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
34
Negative
Cash Flow
14
Very Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 584.38K | 607.47K | 381.21K | 551.15K | 638.73K |
| Gross Profit | 584.38K | 607.47K | 381.21K | 551.15K | 638.73K |
| EBITDA | -6.28M | -1.85M | -4.42M | -3.20M | -3.19M |
| Net Income | -6.59M | -2.51M | -4.46M | -3.30M | -3.51M |
Balance Sheet | |||||
| Total Assets | 5.43M | 6.28M | 6.39M | 7.30M | 6.86M |
| Cash, Cash Equivalents and Short-Term Investments | 995.75K | 385.90K | 567.57K | 641.41K | 531.00K |
| Total Debt | 1.11M | 747.19K | 2.02M | 1.02M | 0.00 |
| Total Liabilities | 4.62M | 4.02M | 4.61M | 3.05M | 2.29M |
| Stockholders Equity | 808.28K | 2.27M | 1.78M | 4.32M | 5.38M |
Cash Flow | |||||
| Free Cash Flow | -2.72M | -2.11M | -2.26M | -2.85M | -3.54M |
| Operating Cash Flow | -2.72M | 0.00 | 0.00 | 0.00 | 0.00 |
| Investing Cash Flow | 1.71K | -3.90K | -304.47K | -3.61K | -68.00K |
| Financing Cash Flow | 3.26M | 1.58M | 2.50M | 3.03M | 2.58M |
YPB Group Ltd. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
54 Neutral | AU$2.12B | 594.07 | 1.08% | ― | 276.41% | ― | |
47 Neutral | AU$11.06M | -1.45 | -36.07% | ― | -13.33% | -144.86% | |
43 Neutral | AU$9.66M | -0.95 | -278.48% | ― | -3.80% | 39.62% | |
43 Neutral | AU$259.45M | -20.59 | -24.44% | ― | 30.71% | -73.88% | |
40 Underperform | AU$5.81M | -10.00 | -71.80% | ― | -3.46% | 69.77% |
* Industrials Sector Average
AU:CDE
YPB Group Ltd.
0.01
-0.01
-50.00%
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AU:SP3
Spectur Ltd.
0.01
0.00
0.00%
YPB Group Ltd. Corporate Events
Codeifai sets fully virtual AGM as it advances digital shareholder engagement
Jun 25, 2026
Codeifai Limited has scheduled its Annual General Meeting for 24 July 2026 at 11:00 a.m. AEST, to be conducted as a fully virtual event via an online webinar platform, allowing shareholders to attend, ask questions and vote remotely. The company i...
Codeifai sets fully virtual 2026 AGM with digital-focused shareholder access
Jun 25, 2026
Codeifai Limited has scheduled its 2026 annual general meeting as a virtual event to be held on 24 July 2026 at 11:00am AEST, accessible to shareholders via a live Zoom webinar. Eligible shareholders, determined by the register at 11:00am AEST on ...
Codeifai advances smart packaging platform and quantum-secure expansion
May 21, 2026
Codeifai has expanded its ProtectCode smart packaging platform with a new Page Builder tool that lets customers design and launch branded consumer landing pages directly from the Connect dashboard, reducing reliance on external developers and impr...
Codeifai Sets Remuneration Terms for New Executive Director
May 4, 2026
Codeifai Limited has detailed the remuneration package for newly appointed executive director Martin Ross, setting his annual salary at $190,000 with statutory superannuation and a three-month termination notice period. The move formalises the lea...
CODEIFAI Director Increases Option Holdings Through Loan Facility Fee
Apr 23, 2026
CODEIFAI director John Houston has increased his exposure to the company through the acquisition of 10 million unlisted options with an exercise price of $0.03 and expiry date of 13 April 2029. The options were granted as a facility fee for a loan...
Codeifai issues 8.7 million unlisted options in new securities class
Apr 21, 2026
Codeifai Limited has notified the ASX of the issue of 8,684,211 unlisted options, classified as a new class of unquoted securities, with an issue date of April 20, 2026. These options form part of previously disclosed transactions and are not inte...
Codeifai Issues 144.7 Million Unlisted Options in Major Capital Move
Apr 21, 2026
Codeifai Limited has notified the market of a new issue of unquoted equity securities, specifically 144,736,839 unlisted options, dated April 20, 2026. The options form part of previously announced transactions and are not quoted, nor intended to ...
CODEIFAI Issues 10 Million New Unlisted Options in Capital Structure Update
Apr 21, 2026
CODEIFAI Limited has notified the ASX of the issuance of 10,000,000 unlisted options as unquoted equity securities. The options, forming a new class of securities yet to receive a confirmed ASX code, were issued on 20 April 2026 and reflect an adj...
CodeifAI Issues 27.3 Million Unquoted Options in Capital Structure Move
Apr 21, 2026
CodeifAI Limited has notified the market of the issue of 27,351,952 new unquoted options, with an issue date of April 20, 2026, under an Appendix 3G filing with the ASX. The creation of this substantial tranche of unlisted options signals ongoing ...
CODEIFAI issues 98 million unlisted options in major capital move
Apr 21, 2026
CODEIFAI Limited has notified the market of the issue of a substantial tranche of unquoted equity securities, specifically 98,411,602 unlisted options, dated 20 April 2026. The new options class, with a code yet to be confirmed by the ASX, represe...
Codeifai Director Takes Equity in Lieu of Fees, Boosting Stake to 13 Million Shares
Apr 21, 2026
Codeifai Limited has disclosed a major change in director Colin Turner’s shareholding, with Turner and entities he controls moving from a modest 1,200 ordinary shares to a total of 13,001,200 shares. The increase stems from the issue of 13 m...
Codeifai lodges cleansing notice for 26 million director shares
Apr 21, 2026
Codeifai Limited has issued 26,000,000 new CDE shares to two directors, following shareholder approval at a general meeting held on 7 April 2026, and has lodged a cleansing notice in connection with this issue under section 708A(5)(e) of the Corpo...
Codeifai Seeks ASX Quotation for 26 Million New Shares
Apr 21, 2026
Codeifai Limited has applied for quotation of 26,000,000 ordinary fully paid shares on the Australian Securities Exchange under its ticker CDE. The new securities were approved by shareholders at a meeting on 7 April 2026 and are dated for issue o...
Codeifai Names Martin Ross Director, Discloses Significant Equity Stake
Apr 10, 2026
Codeifai Limited has appointed Martin Ross as a director effective 9 April 2026, and lodged an initial director’s interest notice with the ASX detailing his holdings in the company. Ross directly owns 9,404,754 ordinary shares and, through t...
Codeifai Elevates COO Martin Ross to Executive Director Role
Apr 9, 2026
Codeifai Limited has appointed Martin Ross as an Executive Director, formalising his leadership role alongside his existing position as Chief Operating Officer, where he oversees the company’s commercial operations across its AI and self-ser...
Codeifai Wins Shareholder Backing for Broad Capital-Raising Package
Apr 7, 2026
Codeifai Limited shareholders approved all 13 resolutions put to a general meeting held on 7 April 2026, with each resolution carried by poll. The measures included multiple option and share issues, ratification of prior share issues to related pa...
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.