Delorean Corporation Ltd (DEL) AI Stock Analysis

• Market Cap: AU$37.45M
• Dividend Yield: N/A
• Average Volume (3M): 130.51K
• Price to Earnings (P/E): 6.8
• Beta (1Y): -0.03
• Revenue Growth: 333.36%
• EPS Growth: N/A
• Country: AU
• Employees: N/A
• Sector: Utilities
• Sector Strength: 70
• Industry: Renewable Utilities
• EPS (TTM): <0.01
• Shares Outstanding: 220,278,150
• 10 Day Avg. Volume: 49,127
• 30 Day Avg. Volume: 130,514
• PEG Ratio: 0.03
• Price to Book (P/B): 3.18
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.02
• 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: Hold
• Number of Analyst Covering: 1

• Rating: 62 Neutral
• Price Target: AU$0.00 ▼(-100.00%Downside)

Delorean Corporation's strong financial recovery and attractive valuation are key strengths, positioning the company well for growth. However, technical analysis suggests potential short-term bearish trends that could pose risks. The absence of dividend yield and lack of recent earnings call insights are minor concerns.

Delorean Corporation Ltd Business Overview & Revenue Model

Company Description

Delorean Corporation Limited engages in the renewable energy and waste management businesses in Australia and New Zealand. It operates through four segments: Infrastructure, Engineering, Energy Retail, and Corporate. The company manufactures and fabricates tanks, pipework, and structural steel. It is also involved in the development of bioenergy plants; engineering, procurement, construction, operation, and management of anaerobic digestion bioenergy plants; and retailing of energy. The company was founded in 2014 and is based in West Perth, Australia.

How the Company Makes Money

Delorean Corporation Ltd generates revenue through several key streams. Primarily, it earns income from the development and operation of bioenergy plants, which convert organic waste into renewable energy, thus selling the generated electricity to the grid or directly to consumers. In the energy retail sector, DEL makes money by providing electricity to residential, commercial, and industrial customers, leveraging its renewable energy generation capabilities. The company also enters into strategic partnerships and agreements that enhance its capacity to deliver infrastructure projects, contributing to its revenue through project management and consultancy fees. Additionally, DEL benefits from government incentives and grants aimed at promoting renewable energy solutions, which can significantly contribute to its financial performance.

Delorean Corporation Ltd Financial Statement Overview

Summary

Delorean Corporation has demonstrated a robust financial recovery with significant improvements across income, balance sheet metrics, and cash flow. The company has effectively reversed previous losses, leading to strong margins and cash flow performance. While leverage is moderate, the substantial improvement in profitability and cash generation positions the company well for future growth within the renewable utilities sector.

Income Statement

Delorean Corporation has shown a strong recovery in the latest fiscal year with a significant revenue growth rate of 44.8% year-over-year and a turnaround from negative to positive net income, resulting in a net profit margin of 17.1%. The gross profit margin improved dramatically to 21.3%, and both EBIT and EBITDA margins turned positive at 17.8% and 18.1% respectively, indicating enhanced operational efficiency.

Balance Sheet

The company exhibits a moderate financial position with a debt-to-equity ratio of 1.03, suggesting balanced leverage. ROE improved significantly to 54.3%, reflecting better profitability on equity. However, the equity ratio stands at 31.3%, indicating moderate reliance on equity for asset financing.

Cash Flow

Cash flows have markedly improved, with a healthy operating cash flow to net income ratio of 1.52, and a strong free cash flow to net income ratio of 1.44. The free cash flow growth rate is impressive, showcasing a turnaround from negative to a positive free cash flow of AUD 6.89 million.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	33.60M	27.88M	19.25M	39.33M	27.88M	31.23M
Gross Profit	7.04M	7.83M	-7.18M	-6.77M	-342.89K	2.75M
EBITDA	5.49M	5.04M	-9.06M	-11.87M	-4.08M	1.93M
Net Income	5.25M	4.77M	-10.02M	-10.89M	-3.21M	1.16M
Balance Sheet
Total Assets	40.04M	28.05M	17.92M	24.10M	28.77M	23.07M
Cash, Cash Equivalents and Short-Term Investments	15.29M	8.84M	1.00M	3.12M	13.07M	17.43M
Total Debt	17.93M	9.07M	7.26M	2.63M	2.78M	788.00K
Total Liabilities	27.61M	19.28M	15.75M	12.21M	12.50M	4.47M
Stockholders Equity	12.44M	8.77M	2.17M	11.88M	16.27M	18.60M
Cash Flow
Free Cash Flow	-190.81K	6.89M	-6.80M	-15.21M	-2.59M	2.42M
Operating Cash Flow	961.77K	7.24M	-5.36M	-11.77M	156.59K	3.59M
Investing Cash Flow	-5.18M	-3.92M	-1.44M	-3.44M	-4.49M	-1.17M
Financing Cash Flow	10.57M	915.22K	4.68M	5.26M	14.49M	-793.00K

Delorean Corporation Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.17
• 50DMA: Negative
• 100DMA: Negative
• 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:DEL, the sentiment is Negative. The current price of 0.17 is above the 20-day moving average (MA) of 0.17, below the 50-day MA of 0.17, and above the 200-day MA of 0.16, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 42.92 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 Negative sentiment for AU:DEL.

Delorean Corporation Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VPR	72 Outperform	AU$15.54M	10.38	22.25%	―	10.55%	116.67%
LPE	69 Neutral	AU$21.86M	6.56	30.50%	―	15.59%	―
Sector *	67 Neutral	$16.55B	16.99	4.47%	3.56%	4.76%	6.17%
DEL	62 Neutral	AU$37.45M	6.79	63.00%	―	333.36%	―
CCE	56 Neutral	AU$19.77M	―	-12.02%	―	69.91%	-89.19%
JNS	34 Underperform	AU$17.55M	―	-157.90%	―	―	-390.90%
14D	26 Underperform	AU$4.96M	―	-32.27%	―	―	-26.37%

Delorean Corporation Ltd Corporate Events

Delorean Corporation Boosted by Regulatory Reforms in Renewable Gas Sector

Delorean Corporation Ltd has announced significant regulatory changes in Australia that enhance the viability of its biomethane projects. The amendments to the Australian Standards and the National Greenhouse Energy and Reporting (NGER) Scheme recognize biomethane as a natural gas equivalent, allowing companies to use Renewable Gas Guarantee of Origin (RGGO) certificates to reduce emissions. These changes are expected to improve Delorean’s project timelines, reduce costs, and provide greater market certainty, positioning the company to accelerate its commercial project rollout and capitalize on new opportunities.

Delorean Corporation Appoints New Company Secretary

Delorean Corporation Ltd, a company listed on the ASX, announced a change in its company secretary position. Aidan Flynn, who is also the Chief Financial Officer, has been appointed as the new Company Secretary, succeeding David McArthur. McArthur will continue to serve as a Non-Executive Director. Flynn brings extensive financial and ASX experience to his new role, which is expected to enhance the company’s governance and communication with the ASX.

Delorean Corporation Advances Renewable Energy Projects with Key Partnerships and Funding

Delorean Corporation Limited has made significant strides in its transition to renewable gas production, highlighted by the connection of its SA1 Salisbury Bioenergy plant to the Australian Gas Infrastructure Group’s gas grid for biomethane distribution. The company has also secured agreements for the sale of biogenic liquid carbon dioxide and additional funding to support its projects. Key developments include progress on the Yarra Valley Water food waste to energy project and the ongoing co-development of the NSW1 project with Brickworks Building Products. These initiatives underscore Delorean’s commitment to expanding its renewable energy footprint and meeting the growing demand for renewable gas and CO2.

Delorean Corporation Announces Cessation of Securities

Delorean Corporation Limited announced the cessation of 1,000,000 securities, specifically options expiring on November 30, 2028, with an exercise price of $0.19. This development may impact the company’s capital structure and could have implications for its financial strategy and stakeholder interests.

Delorean Corporation Issues New Unquoted Equity Securities

Delorean Corporation Limited has announced the issuance of 4,000,000 new unquoted equity securities in the form of options. These options are exercisable at 18.4 cents and will expire on September 13, 2028. This move is part of Delorean’s strategic financial operations, potentially impacting its capital structure and providing new opportunities for investors.

Delorean Secures Funding for SA1 Bioenergy Plant Expansion

Delorean Corporation Ltd has secured $7 million in debt funding to upgrade and expand its SA1 bioenergy plant, complementing previous funding from ARENA and existing debt. This funding ensures the plant is fully financed, allowing Delorean to produce six different monetization streams, including renewable natural gas and food-grade LCO2. The expansion supports a significant 10-year offtake agreement with Supagas, expected to boost net profitability by $15-25 million. The project, with a construction cost of approximately $36 million, underscores Delorean’s strategic positioning in the bioenergy sector and its commitment to sustainable energy solutions.