CleanSpace Holdings Ltd. (CSX) AI Stock Analysis

• Market Cap: AU$31.68M
• Dividend Yield: N/A
• Average Volume (3M): 23.46K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.96
• Revenue Growth: 28.89%
• EPS Growth: 72.95%
• Country: AU
• Employees: 55
• Sector: Healthcare
• Sector Strength: 41
• Industry: Medical - Devices
• EPS (TTM): >-0.01
• Shares Outstanding: 78,223,300
• 10 Day Avg. Volume: 16,794
• 30 Day Avg. Volume: 23,461
• PEG Ratio: -0.42
• Price to Book (P/B): 1.72
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -26.96
• 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

• Rating: 51 Neutral
• Price Target: AU$0.50 ▲(25.00%Upside)

The most significant factor affecting CleanSpace Holdings Ltd.'s stock score is its financial performance, characterized by strong revenue growth but hindered by profitability challenges. Technical analysis provides a neutral outlook, while poor valuation due to negative earnings further impacts the score. Absence of earnings call data and corporate events limits additional insights.

CleanSpace Holdings Ltd. Business Overview & Revenue Model

Company Description

CleanSpace Holdings Ltd. (CSX) is a leading provider of innovative respiratory protection solutions, primarily focused on the healthcare, industrial, and emergency response sectors. The company designs, manufactures, and sells advanced personal protective equipment (PPE) that ensures high levels of safety and comfort for its users. With a commitment to cutting-edge technology and user-centric design, CleanSpace Holdings Ltd. aims to enhance the safety and productivity of professionals operating in hazardous environments.

How the Company Makes Money

CleanSpace Holdings Ltd. generates revenue through the sale of its proprietary respiratory protection equipment, including powered air-purifying respirators (PAPRs) and related accessories. The company's products are marketed to a diverse range of industries, including healthcare facilities, manufacturing plants, and emergency services, where respiratory safety is crucial. Revenue streams are further bolstered by strategic partnerships with distributors and direct sales channels that expand market reach. Additionally, CleanSpace Holdings Ltd. may engage in service contracts and maintenance agreements, offering ongoing support and technical assistance to clients, thereby ensuring customer loyalty and recurring income.

CleanSpace Holdings Ltd. Financial Statement Overview

Summary

CleanSpace Holdings Ltd. demonstrates strong revenue growth, but the company continues to face profitability challenges, as reflected in negative profit margins and cash flow issues. While the balance sheet shows reasonable leverage, the declining equity and negative ROE are concerns. Overall, the company needs to improve operational efficiency and profitability to enhance its financial position.

Income Statement

CleanSpace Holdings Ltd. experienced a substantial revenue growth of 29.97% from 2023 to 2024, indicating a positive trajectory. However, the company is struggling with profitability, as evidenced by negative gross profit margins and net profit margins over recent years. EBIT and EBITDA margins also remain negative, highlighting ongoing operational challenges.

Balance Sheet

The company's balance sheet shows a moderate debt-to-equity ratio, reflecting manageable leverage levels. However, the return on equity (ROE) remains negative due to consistent net losses, indicating poor profitability. The equity ratio is fairly strong, suggesting a solid capital structure, but the decline in stockholders' equity over recent periods is a concern.

Cash Flow

CleanSpace Holdings Ltd. has faced challenges in generating positive operating cash flows, with a negative free cash flow and operating cash flow to net income ratio. Despite these issues, the company managed to significantly reduce its negative free cash flow from 2023 to 2024, showing some improvement in cash management.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
17.61M	15.72M	12.09M	13.36M	49.93M	28.41M
	Gross Profit
13.00M	11.36M	-5.16M	9.75M	40.27M	12.77M
	EBIT
-2.62M	-4.74M	-11.85M	-15.13M	16.01M	6.68M
	EBITDA
-2.15M	-3.49M	-10.55M	-14.00M	17.15M	7.03M
	Net Income Common Stockholders
-1.48M	-3.13M	-8.13M	-11.28M	11.39M	5.92M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
8.27M	9.76M	12.16M	24.30M	38.24M	31.00M
	Total Assets
25.14M	26.05M	28.98M	38.36M	50.72M	49.80M
	Total Debt
3.23M	3.45M	4.00M	4.13M	4.38M	2.40M
	Net Debt
1.86M	698.59K	885.33K	-4.09M	-17.82M	-28.60M
	Total Liabilities
6.18M	6.95M	7.02M	8.60M	9.99M	10.40M
	Stockholders Equity
18.97M	19.10M	21.96M	29.75M	40.73M	39.40M
Cash Flow		Free Cash Flow
-1.22M	-1.76M	-11.97M	-13.60M	11.73M	4.31M
	Operating Cash Flow
-1.21M	-1.73M	-11.96M	-13.00M	13.46M	4.71M
	Investing Cash Flow
3.52M	2.00M	7.06M	-628.00K	-14.18M	-1.94M
	Financing Cash Flow
-580.14K	-637.10K	-211.49K	-357.95K	16.19M	2.17M

CleanSpace Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.40
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CSX, the sentiment is Negative. The current price of 0.4 is below the 20-day moving average (MA) of 0.44, below the 50-day MA of 0.42, and below the 200-day MA of 0.44, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 38.27 is Neutral, neither overbought nor oversold. The STOCH value of -4.17 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:CSX.

CleanSpace Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
COH	73 Outperform	$17.65B	47.94	20.61%	1.60%	6.35%	5.97%
ANN	73 Outperform	$4.53B	25.13	6.45%	2.46%	16.30%	1.08%
SHL	72 Outperform	AU$12.71B	23.22	6.86%	4.04%	10.15%	6.20%
CSL	69 Neutral	$119.22B	28.24	15.38%	1.77%	8.00%	9.09%
RHC	66 Neutral	AU$8.73B	1,067.13	0.52%	2.20%	7.25%	-99.04%
Sector *	54 Neutral	$5.24B	3.27	-45.39%	2.80%	16.77%	-0.07%
CSX	51 Neutral	AU$31.68M	―	-7.59%	―	28.89%	72.95%

CleanSpace Holdings Ltd. Corporate Events

CleanSpace Secures $940.8K R&D Tax Incentive for Innovation

CleanSpace Holdings Limited has received a $940,854 cash rebate from the Australian Federal Government’s R&D Tax Incentive Program for the financial year ending June 2024. This funding will support the company’s ongoing product research and development efforts in the Powered Air Purifying Respirator market, reinforcing its commitment to innovation and leadership in providing advanced respiratory protection solutions for industrial markets.

CleanSpace Holdings Ltd. Announces Quotation of New Securities on ASX

CleanSpace Holdings Ltd. has announced the quotation of 79,866 ordinary fully paid securities on the Australian Securities Exchange (ASX), effective May 30, 2025. This move is part of the company’s strategy to enhance liquidity and broaden its investor base, potentially strengthening its market position and offering more opportunities for stakeholders.

CleanSpace Holdings Issues New Employee Incentive Shares

CleanSpace Holdings Ltd. announced the issuance of 120,000 restricted share awards under an employee incentive scheme, which are not intended to be quoted on the ASX. This move is part of the company’s strategy to incentivize and retain key employees, potentially impacting its operational efficiency and market competitiveness.

CleanSpace Holdings Ltd. Releases Half-Year Performance Overview

CleanSpace Holdings Ltd. has released a presentation summarizing its activities for the half year ended 31 December 2024. The presentation provides general information about the company’s performance and operations, emphasizing that it should be read in conjunction with their interim report and other disclosures. The release includes financial data reported under IFRS, with non-IFRS measures like EBITDA and Free Cash Flow to highlight underlying performance. Stakeholders are advised to consider the information’s appropriateness in light of their own financial situations, as the presentation is not financial advice.

CleanSpace Holdings Issues New Employee Incentive Securities

CleanSpace Holdings Ltd. announced the issuance of 1,720,000 restricted share awards and 500,000 performance rights as part of an employee incentive scheme. This move is aimed at aligning employee interests with company performance, potentially enhancing productivity and retention, and reflects the company’s commitment to rewarding and motivating its workforce.