CleanSpace Holdings Ltd. (CSX) AI Stock Analysis

• Market Cap: AU$52.44M
• Dividend Yield: N/A
• Average Volume (3M): 36.98K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.53
• Revenue Growth: 25.72%
• EPS Growth: 84.69%
• Country: AU
• Employees: 55
• Sector: Healthcare
• Sector Strength: 45
• Industry: Medical - Devices
• EPS (TTM): >-0.01
• Shares Outstanding: 78,266,365
• 10 Day Avg. Volume: 20,188
• 30 Day Avg. Volume: 36,980
• PEG Ratio: 1.00
• Price to Book (P/B): 2.11
• Price to Sales (P/S): 2.05
• P/FCF Ratio: 40.19
• 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: AU$0.50
• Price Target Upside: -28.57% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 46 Neutral
• Price Target: AU$0.50 ▼(-28.57% Downside)

CleanSpace Holdings Ltd. is facing significant financial and valuation challenges, with ongoing profitability issues and weak cash flow performance. Technical indicators suggest a cautious outlook, with bearish momentum and no signs of being oversold. The lack of earnings call data and corporate events further limits positive catalysts for the stock.

CleanSpace Holdings Ltd. Business Overview & Revenue Model

Company Description

CleanSpace Holdings Ltd. (CSX) is a company operating within the safety and industrial equipment sector, specializing in the design and manufacture of advanced respiratory protection equipment. The company's core products include powered air purifying respirators (PAPRs) that cater to various industries such as healthcare, industrial, and emergency services. CleanSpace is recognized for its innovative approach to respiratory protection, providing solutions that offer high levels of safety, comfort, and ease of use to its customers.

How the Company Makes Money

CleanSpace Holdings Ltd. generates revenue primarily through the sale of its respiratory protection equipment, which includes its flagship powered air purifying respirators. The company's revenue model is centered around direct sales to businesses and institutions across various sectors, including healthcare facilities, industrial workplaces, and emergency response units. Additionally, CleanSpace may engage in partnerships or distribution agreements with other companies to expand its market reach and increase sales channels. The company also benefits from ongoing customer relationships, which may lead to repeat sales and the selling of complementary products or accessories, contributing to sustained revenue growth.

CleanSpace Holdings Ltd. Financial Statement Overview

Summary

CleanSpace Holdings Ltd. is experiencing financial difficulties with declining revenues and consistent losses. Despite improved gross margins, negative EBIT, net income, and cash flow underscore significant operational and liquidity challenges.

Income Statement

CleanSpace Holdings Ltd. has experienced significant revenue fluctuations over the years, with a notable decline from 2021 to 2023. The gross profit margin improved in 2024, turning positive after a negative margin in 2023. However, the company has consistently reported negative EBIT and net income, indicating ongoing operational challenges and profitability issues.

Balance Sheet

The company's balance sheet shows a relatively stable equity position, though stockholders' equity has decreased over the years. The debt-to-equity ratio remains low, suggesting manageable leverage. However, the decline in total assets and cash reserves indicates potential liquidity concerns.

Cash Flow

Cash flow analysis reveals negative operating cash flow in recent years, reflecting cash management challenges. The free cash flow has also been negative, indicating that the company is not generating sufficient cash to cover its capital expenditures. Despite some improvement in 2024, the overall cash flow position remains weak.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	19.76M	19.76M	15.72M	12.09M	13.36M	49.93M
Gross Profit	14.78M	14.78M	11.36M	-5.16M	9.75M	40.27M
EBITDA	-824.55K	-824.55K	-3.49M	-10.55M	-14.10M	17.15M
Net Income	-478.28K	-478.28K	-3.13M	-8.13M	-11.28M	11.39M
Balance Sheet
Total Assets	27.57M	27.57M	26.05M	28.98M	38.36M	50.72M
Cash, Cash Equivalents and Short-Term Investments	10.47M	10.47M	9.76M	12.16M	24.30M	38.24M
Total Debt	4.54M	4.54M	3.45M	4.00M	4.13M	4.38M
Total Liabilities	8.41M	8.41M	6.95M	7.02M	8.60M	9.99M
Stockholders Equity	19.16M	19.16M	19.10M	21.96M	29.75M	40.73M
Cash Flow
Free Cash Flow	1.01M	1.01M	-1.76M	-11.97M	-13.60M	11.73M
Operating Cash Flow	1.11M	1.11M	-1.73M	-11.96M	-13.00M	13.46M
Investing Cash Flow	-1.04M	-778.38K	2.00M	7.06M	-628.00K	-14.18M
Financing Cash Flow	-533.88K	-559.87K	-637.10K	-211.49K	-357.95K	16.19M

CleanSpace Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.70
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 0.7 is below the 20-day moving average (MA) of 0.71, below the 50-day MA of 0.76, and above the 200-day MA of 0.55, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 38.20 is Neutral, neither overbought nor oversold. The STOCH value of 25.64 is Neutral, 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
Sector *	51 Neutral	$7.86B	-0.30	-43.30%	2.27%	22.53%	-2.21%
MX1	47 Neutral	AU$73.46M	―	-128.19%	―	-14.25%	-22.83%
CBL	47 Neutral	AU$14.14M	―	-103.74%	―	14.84%	39.64%
CSX	46 Neutral	AU$52.44M	―	-2.50%	―	25.72%	84.69%
IPD	46 Neutral	$83.48M	―	-74.00%	―	23.31%	-17.35%
EMV	44 Neutral	AU$175.54M	―	-70.55%	―	―	-257.32%
CYC	42 Neutral	AU$81.13M	―	-31.98%	―	34.20%	-23.90%

CleanSpace Holdings Ltd. Corporate Events

CleanSpace Holdings to Announce FY25 Financial Results

CleanSpace Holdings Limited announced it will release its audited financial results for the fiscal year ending June 30, 2025, on August 26, 2025. The announcement will be accompanied by a video and webcast briefing hosted by the company’s leadership. Key dates related to the financial results and shareholder meeting have been outlined, with the annual general meeting scheduled for November 28, 2025. These announcements are crucial for stakeholders as they provide insights into the company’s financial health and strategic direction.

CleanSpace Holdings Announces Cessation of Restricted Share Awards

CleanSpace Holdings Limited announced the cessation of 220,000 restricted share awards due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This announcement may impact the company’s capital structure and could have implications for stakeholders, reflecting on the company’s operational adjustments and strategic decisions.

CleanSpace Holdings Reports 26% Revenue Growth for FY25

CleanSpace Holdings Limited reported a 26% increase in revenue for FY25, reaching $19.7 million, driven by strong sales in Europe, North America, and the APAC regions. The company’s focus on industrial markets and strategic expansion, including new sales staff and distribution agreements, has bolstered its market presence. CleanSpace’s innovative respirators continue to gain recognition, and the company is exploring new applications to expand growth opportunities.

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.