Delorean Corporation Ltd (DEL) AI Stock Analysis

• Market Cap: AU$37.45M
• Dividend Yield: N/A
• Average Volume (3M): 153.19K
• Price to Earnings (P/E): 7.0
• Beta (1Y): -0.03
• Revenue Growth: 333.36%
• EPS Growth: N/A
• Country: AU
• Employees: N/A
• Sector: Utilities
• Sector Strength: 73
• Industry: Renewable Utilities
• EPS (TTM): <0.01
• Shares Outstanding: 220,278,150
• 10 Day Avg. Volume: 92,804
• 30 Day Avg. Volume: 153,195
• PEG Ratio: 1.49
• Price to Book (P/B): 3.71
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -196.25
• 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: 71 Outperform
• Price Target: AU$0.00 ▼(-100.00%Downside)

Delorean Corporation's overall stock score reflects strong financial recovery and positive technical indicators, complemented by an attractive valuation. The company's significant revenue growth and improved cash flows boost confidence in its future prospects. However, moderate leverage and the lack of dividend yield slightly temper the outlook. The stock's current technical momentum supports a favorable near-term view, albeit with caution due to the approaching overbought RSI levels.

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
	EBIT
4.81M	4.98M	-8.52M	-12.44M	-5.14M	1.78M
	EBITDA
5.49M	5.04M	-9.06M	-11.87M	-4.08M	1.93M
	Net Income Common Stockholders
5.25M	4.77M	-10.02M	-10.89M	-3.21M	1.16M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
4.06M	8.84M	1.00M	3.12M	13.07M	17.43M
	Total Assets
23.40M	28.05M	17.92M	24.10M	28.77M	23.07M
	Total Debt
2.55M	9.07M	7.26M	2.63M	2.78M	788.00K
	Net Debt
-1.51M	3.83M	6.26M	-499.51K	-10.29M	-16.64M
	Total Liabilities
9.10M	19.28M	15.75M	12.21M	12.50M	4.47M
	Stockholders Equity
14.30M	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: Neutral
• Last Price: 0.17
• 50DMA: Positive
• 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:DEL, the sentiment is Neutral. The current price of 0.17 is below the 20-day moving average (MA) of 0.18, above the 50-day MA of 0.17, and above the 200-day MA of 0.15, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 47.11 is Neutral, neither overbought nor oversold. The STOCH value of 52.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:DEL.

Delorean Corporation Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DEL	71 Outperform	AU$37.45M	7.00	63.00%	―	333.36%	―
Sector *	64 Neutral	$8.52B	10.39	4.24%	4.38%	4.14%	-13.04%
PILBF		$2.68B	22.94	-1.04%	―	―	―
REFXF		$16.67M	―		―	―	―
LPE	70 Neutral	AU$21.86M	6.56	30.50%	―	15.59%	―
NWF	42 Neutral	AU$83.72M	―		―	―	―
CBL	41 Neutral	AU$10.31M	―	-98.08%	―	-7.44%	30.34%

Delorean Corporation Ltd Corporate Events

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.

Delorean Corporation Connects SA1 Bioenergy Project to Gas Network

Delorean Corporation Limited announced an agreement with the Australian Gas Infrastructure Group (AGIG) to connect its SA1 bioenergy project to the gas network for exporting biomethane to third-party customers. This agreement marks a significant step for Delorean, allowing it to enter the gas network for the first time, although it does not directly impact revenue or alter the project’s capital budget. The agreement includes standard termination clauses, and AGIG will provide the gas connection without being part of any offtake agreement. This development could enhance Delorean’s industry positioning by expanding its renewable gas distribution capabilities.

Delorean Extends Bioenergy Collaboration with ATCO Gas Australia

Delorean Corporation Ltd has extended its Memorandum of Understanding with ATCO Gas Australia, reaffirming their collaboration to develop bioenergy projects aimed at exporting and selling biomethane through ATCO’s gas distribution network. This extension highlights Delorean’s strategic positioning to rapidly integrate biomethane into Australia’s gas network, supporting ATCO’s sustainability goals and addressing its need for renewable gas to replace system losses.

Delorean Corporation Announces Director’s Interest Change

Delorean Corporation Limited has announced a change in the director’s interest, specifically involving Steve Gostlow. The change involves the expiration of 6,000,000 unlisted options, leaving Gostlow with 676,470 fully paid ordinary shares. This update reflects a significant alteration in the director’s financial stake within the company, potentially impacting stakeholder perceptions and the company’s stock market activities.

Delorean Corporation Director Adjusts Securities Holdings

Delorean Corporation Ltd has announced a change in the interests of its director, David McArthur, concerning his securities holdings. The company reported that McArthur has disposed of 250,000 unlisted options that were set to expire on March 31, 2025, leaving him with 476,470 fully paid ordinary shares. This change reflects a strategic adjustment in McArthur’s investment portfolio within the company, potentially impacting the company’s governance and investor confidence.

Delorean Corporation Announces Cessation of Securities

Delorean Corporation Limited has announced the cessation of 6,250,000 securities due to the expiry of options that were not exercised or converted by March 31, 2025. This development may impact the company’s capital structure and could influence investor perceptions regarding the company’s financial strategies and market positioning.

Delorean Corporation Appoints New Chief Financial Officer to Boost Growth

Delorean Corporation Ltd has announced the appointment of Mr. Aidan Flynn as Chief Financial Officer, marking the second senior executive addition to their leadership team this financial year. Flynn brings over 25 years of financial experience, particularly in renewable energy and construction, and will oversee the company’s finance functions, including debt financing and corporate governance. His expertise is expected to support Delorean’s growth plan and transition to a Build Own Operate infrastructure model, enhancing its position in the bioenergy industry in Australia.