Constellation Technologies Limited (CT1) AI Stock Analysis

• Market Cap: AU$4.42M
• Dividend Yield: N/A
• Average Volume (3M): N/A
• Price to Earnings (P/E): ―
• Beta (1Y): -1.99
• Revenue Growth: 34.27%
• EPS Growth: N/A
• Country: AU
• Employees: 4
• Sector: Technology
• Sector Strength: 88
• Industry: Information Technology Services
• EPS (TTM): N/A
• Shares Outstanding: 1,474,733,600
• 10 Day Avg. Volume: N/A
• 30 Day Avg. Volume: N/A
• PEG Ratio: -1.67
• Price to Book (P/B): 1.84
• Price to Sales (P/S): 0.88
• P/FCF Ratio: 10.50
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 61 Neutral
• Price Target: ―

The score is primarily supported by improving financial performance (return to profitability, positive free cash flow, and a debt-free balance sheet). The score is held back by the still-thin profitability and the limited visibility from missing technical and valuation data.

Positive Factors

Balance Sheet Health

A debt-free balance sheet enhances financial stability and flexibility, allowing the company to invest in growth opportunities without the burden of debt servicing.

Revenue Growth

Consistent revenue growth indicates strong market demand and effective business strategies, supporting long-term expansion and competitiveness.

IoT Innovation

The focus on IoT innovations positions the company to leverage technology trends, enhancing operational efficiency and expanding its market presence in key sectors.

Negative Factors

Thin Profitability

Thin profitability limits the company's ability to reinvest in growth and weather economic downturns, posing risks to long-term financial health.

Cash Flow Volatility

Volatile cash flow can hinder strategic planning and investment, affecting the company's ability to sustain operations and fund future growth initiatives.

Uneven Earnings Profile

An uneven earnings profile undermines investor confidence and can limit access to capital, impacting the company's ability to scale and compete effectively.

Constellation Technologies Limited Business Overview & Revenue Model

Company Description

Constellation Technologies Limited engages in the development and management of Internet of Things (IoT) products for industry and government applications in Australia, the United States, China, and the Middle East. The company provides solutions to cloud, IoT, edge-computing sensors, big data, analytics, machine learning, artificial intelligence, and other advanced technologies. It also offers IoT systems and development, digital twin solutions, IoT hardware development, and digital engineering services. The company was incorporated in 1987 and is based in Melbourne, Australia.

How the Company Makes Money

Constellation Technologies Limited makes money primarily through the sale of its IoT hardware and software solutions. The company generates revenue by providing end-to-end IoT systems that include sensors, connectivity, and analytics platforms. These systems are often sold as a package or through subscription-based models that offer continuous data analytics and insights. Additionally, CT1 partners with other technology firms and industries to integrate its IoT solutions into broader technological ecosystems, thereby expanding its market reach and enhancing its revenue potential. The company also engages in licensing agreements and offers consulting services to help clients implement and optimize IoT strategies, further contributing to its earnings.

Constellation Technologies Limited Financial Statement Overview

Summary

Fundamentals are improving: profitability returned in 2025 with better margins, operating cash flow and free cash flow turned positive, and the balance sheet is de-risked with zero debt. Offsetting this, net margin remains very thin (~0.5%) and the business has a recent history of losses and cash-flow volatility, making the turnaround less proven.

Income Statement

The latest annual period (2025-06-30) shows a sharp profitability recovery with positive EBIT and net income, alongside solid revenue growth (about 6%). Gross margin also improved meaningfully versus prior years, indicating better pricing and/or delivery efficiency. However, bottom-line profitability is still thin (net margin ~0.5%) and the company has a recent history of sizable operating losses (notably 2024 and earlier), which raises confidence and durability concerns around the turnaround.

Balance Sheet

Balance sheet risk appears contained: total debt is down to zero in the latest year and leverage was already modest in prior periods. Equity remains positive, supporting financial flexibility. The key weakness is returns: while return on equity turned slightly positive in the latest year, it has been negative for multiple years, reflecting an uneven earnings profile and limiting the quality of the capital base.

Cash Flow

Cash generation improved in the latest year with positive operating cash flow and positive free cash flow, and free cash flow grew strongly versus the prior year. Free cash flow is broadly supported by earnings (free cash flow is close to net income in the latest period). Offsetting this, cash flow has been volatile historically (including negative operating and free cash flow in 2024 and large outflows earlier), and recent operating cash flow is not especially large relative to the scale of the business.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.81M	1.81M	1.35M	1.20M	801.82K	546.76K
Gross Profit	1.14M	1.14M	729.56K	686.05K	306.13K	140.58K
EBITDA	34.64K	34.64K	-393.00K	-653.00K	-1.48M	-3.14M
Net Income	9.52K	9.52K	-122.00K	-22.30K	-2.10M	-3.22M
Balance Sheet
Total Assets	1.51M	1.51M	1.28M	1.25M	1.38M	4.10M
Cash, Cash Equivalents and Short-Term Investments	554.82K	554.82K	823.29K	1.10M	524.36K	2.60M
Total Debt	0.00	0.00	120.29K	94.17K	65.26K	14.95K
Total Liabilities	644.56K	644.56K	403.23K	292.95K	389.09K	1.09M
Stockholders Equity	861.73K	861.73K	872.22K	961.03K	989.34K	3.01M
Cash Flow
Free Cash Flow	151.07K	151.07K	-256.42K	582.46K	-2.08M	-2.87M
Operating Cash Flow	161.81K	161.81K	-19.96K	588.21K	-2.08M	-2.80M
Investing Cash Flow	-410.22K	-410.22K	-236.46K	-7.29K	287.00	-690.75K
Financing Cash Flow	0.00	0.00	0.00	1.53K	-15.40K	1.68M

Constellation Technologies Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
CT1	61 Neutral	AU$4.42M	―	1.10%	―	34.27%	―
REM	48 Neutral	AU$8.30M	-10.42	-76.21%	―	106.54%	74.33%
TAL	47 Neutral	AU$26.93M	-9.63	-60.87%	―	―	―
BCC	44 Neutral	AU$13.40M	-0.99	-135.89%	―	-21.60%	-657.00%
KNO	42 Neutral	AU$5.40M	-3.47	-23.31%	―	2.15%	-900.00%
X2M	41 Neutral	AU$8.11M	-0.32	―	―	-51.64%	-21.74%

Constellation Technologies Limited Corporate Events

Constellation Technologies Director Adjusts Equity Holdings After Performance Rights Lapse

Constellation Technologies Limited has disclosed a change in the securities held by director Kartheek Munigoti Shankar Rao, reflecting updates to both his direct and indirect interests. Rao’s holding has shifted following the lapse and cancellation of 15.6 million performance rights due to vesting conditions not being met, and the issuance of 22.5 million unlisted options as approved by shareholders at the company’s 2025 AGM. After these changes, Rao holds 42,637,207 shares, 8.8 million performance rights, 22.5 million unlisted options, plus additional indirect holdings, signaling an adjustment in his equity-based incentives aligned with shareholder-approved remuneration structures.

Constellation Technologies Issues 35 Million Unlisted Options Under Incentive Scheme

Constellation Technologies Limited has notified the market that it has issued a total of 35 million unlisted options under an employee incentive scheme that will not be quoted on the ASX. The move increases the company’s pool of unquoted equity-based incentives, signalling an emphasis on aligning staff and stakeholder interests through performance-linked remuneration, though without immediate dilution in the quoted securities on market.

Constellation Technologies Cancels 16 Million Unvested Performance Rights

Constellation Technologies Limited has notified the market that 16,000,000 performance rights (ASX code CT1AM) have lapsed after the conditions attached to these rights were not satisfied or became incapable of being satisfied. The cessation of these securities reduces the company’s pool of potential equity-based incentives, slightly simplifying its capital structure and potentially affecting the future dilution profile for existing shareholders.

Constellation Technologies AGM Results: Strong Shareholder Support

Constellation Technologies Limited held its Annual General Meeting, where several resolutions were passed. The meeting included the approval of the remuneration report, the re-election of Mr. Ray Malone, the issuance of options to Kartheek Munigoti, and an approval under Section 200B for Terri Bakos. All resolutions were carried with significant majorities, indicating strong shareholder support for the company’s current direction and leadership.

Constellation Technologies Unveils IoT Innovations at 2025 AGM

Constellation Technologies Limited has announced its 2025 Annual General Meeting Presentation, highlighting their Callisto Solutions Meridian CT Platform. This platform aims to address critical industry challenges through IoT innovation, offering a unified IoT ecosystem tailored for sectors such as hospitality, healthcare, and agritech. The announcement underscores the company’s commitment to leveraging IoT technology to enhance safety, compliance, and operational efficiency across these industries.

Constellation Technologies Announces Virtual AGM for 2025

Constellation Technologies Limited has announced its 2025 Annual General Meeting (AGM) will be held virtually on November 28, 2025. The meeting will cover key business items such as financial statements, remuneration reports, and director elections. Shareholders are encouraged to register online to participate and vote, with proxy voting available prior to the meeting. The virtual format allows shareholders to attend, vote, and ask questions, although pre-submitted questions are preferred to ensure they are addressed.