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De.mem Ltd.
(Sydney:DEM)
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Rating:53Neutral
Price Target:
AU$0.10
â–¼(-2.00% Downside)
Action:Reiterated
Date:06/25/26
The score is primarily held back by persistent losses and weak cash-flow quality despite improving operating cash flow, while a low-leverage balance sheet provides some stability. Technically, signals are mixed with only short-term strength and slightly negative momentum indicators. Valuation is less supportive given the negative P/E and lack of dividend data.
Positive Factors
Recurring revenue and consumables
A revenue mix weighted to operating & maintenance contracts plus repeat consumables creates durable, repeatable cash streams and customer stickiness. Over months this reduces revenue volatility from episodic projects and supports predictable service revenue and aftermarket margins.
Negative Factors
Persistent net losses
Ongoing net losses erode shareholder returns and limit the company’s ability to self-fund growth. Persisting negative operating profitability increases reliance on external capital, raises dilution or refinancing risk, and makes long-term margin recovery a critical gate for durable value creation.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring revenue and consumables
A revenue mix weighted to operating & maintenance contracts plus repeat consumables creates durable, repeatable cash streams and customer stickiness. Over months this reduces revenue volatility from episodic projects and supports predictable service revenue and aftermarket margins.
Read all positive factors
De.mem Ltd. (DEM) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$29.10M
Dividend YieldN/A
Average Volume (3M)426.17K
Price to Earnings (P/E)―
Beta (1Y)0.89
Revenue Growth20.05%
EPS Growth33.33%
CountryAU
Employees80
SectorIndustrials
Sector Strength72
IndustryIndustrial - Pollution & Treatment Controls
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding326,912,450
10 Day Avg. Volume143,232
30 Day Avg. Volume426,173
Financial Highlights & Ratios
PEG Ratio0.51
Price to Book (P/B)2.35
Price to Sales (P/S)1.10
P/FCF Ratio3.65K
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)<0.01
Revenue Forecast (FY)AU$37.70M
De.mem Ltd. Business Overview & Revenue Model
Company Description
Established in 2013 and headquartered in Melbourne, Australia, De.mem Limited specializes in the conceptualization, construction, ownership, and management of autonomous water and wastewater treatment infrastructure. Their services primarily cater...
How the Company Makes Money
De.mem makes money primarily through a mix of (1) recurring operating and maintenance-style revenue and (2) project and product sales tied to water treatment equipment and consumables. A key earnings driver is ongoing revenue from servicing instal...
De.mem Ltd. Financial Statement Overview
Summary
Income Statement
44
Neutral
Balance Sheet
73
Positive
Cash Flow
46
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 29.89M | 24.90M | 23.41M | 19.64M | 18.08M |
| Gross Profit | 982.00K | 10.16M | 8.39M | -521.00K | -1.54M |
| EBITDA | 890.00K | -1.01M | -1.23M | -1.70M | -2.93M |
| Net Income | -2.03M | -2.77M | -3.13M | -3.49M | -4.47M |
Balance Sheet | |||||
| Total Assets | 21.01M | 20.58M | 18.70M | 20.56M | 22.05M |
| Cash, Cash Equivalents and Short-Term Investments | 4.03M | 3.72M | 2.47M | 5.39M | 8.82M |
| Total Debt | 1.80M | 1.37M | 1.65M | 1.40M | 1.64M |
| Total Liabilities | 7.04M | 7.66M | 7.13M | 6.25M | 7.67M |
| Stockholders Equity | 13.96M | 12.92M | 11.57M | 14.31M | 14.35M |
Cash Flow | |||||
| Free Cash Flow | 9.00K | -10.00K | -2.23M | -3.65M | -3.73M |
| Operating Cash Flow | 318.00K | 115.00K | -1.45M | -1.88M | -2.31M |
| Investing Cash Flow | -2.51M | -1.22M | -728.00K | -3.97M | -4.31M |
| Financing Cash Flow | 2.43M | 2.28M | -485.00K | 2.32M | 10.54M |
De.mem Ltd. Technical Analysis
Neutral
0.10
Price Trends
0.08
Positive
0.08
Positive
0.09
Negative
Market Momentum
<0.01
Negative
55.24
Neutral
83.33
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:DEM, the sentiment is Neutral. The current price of 0.1 is above the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.08, and above the 200-day MA of 0.09, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 55.24 is Neutral, neither overbought nor oversold. The STOCH value of 83.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:DEM.
De.mem Ltd. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | AU$255.33M | 23.74 | 17.50% | 2.31% | 3.02% | 11.08% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
60 Neutral | AU$58.17M | 11.11 | 17.89% | 0.49% | 3.21% | 82.98% | |
58 Neutral | AU$175.52M | 20.66 | 5.98% | 2.95% | -2.87% | -18.36% | |
53 Neutral | AU$29.10M | -13.37 | -15.66% | ― | 20.05% | 33.33% | |
44 Neutral | AU$97.26M | -6.81 | 115.72% | ― | 64.76% | 61.79% | |
42 Neutral | AU$3.75M | -1.15 | -41.16% | ― | 308.85% | -44.44% |
* Industrials Sector Average
AU:DEM
De.mem Ltd.
0.09
-0.01
-11.00%
AU:FLC
Fluence Corporation Limited
0.09
0.04
80.85%
AU:PET
Phoslock Environmental Technologies Limited
0.01
-0.01
-50.00%
AU:WAT
Waterco Limited
5.01
-1.70
-25.35%
AU:VBC
Verbrec Ltd
0.19
0.13
192.31%
AU:XRF
XRF Scientific Limited
1.79
-0.11
-6.05%
De.mem Ltd. Corporate Events
De.mem Director Andreas De Wit Increases Direct Shareholding via Off-Market Purchase
Jun 28, 2026
De.mem Limited has disclosed a change in the shareholding of director Andreas Hendrik De Wit, who increased his direct holding in the company through an off-market purchase. He acquired 5,000,000 fully paid ordinary shares at $0.055 per share, lif...
De.mem Grants 500,000 Unlisted Options to Director Conlon
Jun 23, 2026
De.mem Limited has granted director Daniel Gerard Conlon 500,000 unlisted options, marking his first holding of company securities. The options are exercisable at $0.105 each and will expire on 16 June 2029, reflecting a structured equity incentiv...
De.mem Director Andreas De Wit Increases Equity Stake via Off-Market Share Purchase
Jun 22, 2026
De.mem Limited has disclosed a change in the interests of director Andreas Hendrik De Wit, who holds his stake indirectly through BNP Paribas Nominees Pty Ltd as the beneficial owner with voting and disposal rights. The notice forms part of the co...
De.mem updates market on director share acquisition and option changes
Jun 17, 2026
De.mem Limited has reported a change in director Andreas Hendrik De Wit’s interests, with the off-market acquisition of 3,000,000 fully paid ordinary shares and the expiry of 500,000 unlisted options earlier in April 2026. The company acknow...
De.mem Issues 2 Million Unquoted Employee Options Expiring in 2029
Jun 17, 2026
De.mem Ltd. has notified the market of a new issue of 2,000,000 unquoted options under its employee incentive scheme, with an exercise price of $0.105 and an expiry date of June 16, 2029. The options, issued on June 17, 2026, are not intended to b...
De.mem Wins Strong Shareholder Backing at AGM, Secures Extra Placement Capacity
May 26, 2026
De.mem shareholders strongly endorsed all resolutions at the company’s 26 May 2026 annual general meeting, including the adoption of the remuneration report and the re-election of directors Danny Conlon and Andreas (Harry) De Wit. Investors ...
De.mem boosts recurring revenues to record highs as margins hit new peak
May 26, 2026
De.mem reported record calendar 2025 revenue of $29.9 million, a 20% increase on the prior year and the highest in its history, underpinned by disciplined execution of its recurring revenue strategy and expansion of its national service and specia...
De.mem Director Bernd Dautel’s Options Expire, Shareholding Unchanged
May 26, 2026
De.mem Limited has reported a change in director Bernd Dautel’s interests following the expiry of his unlisted options. Dautel’s 500,000 unlisted options, which were exercisable at $0.2058 and due to expire on 23 May 2026, have lapsed ...
De.mem Options Lapse Following Expiry Without Exercise
May 26, 2026
De.mem Ltd has notified the market of changes to its capital structure, confirming the lapse of a tranche of listed options. The company reported that 2,250,000 options, exercisable at $0.2058 and expiring on May 23, 2026, have ceased due to expir...
De.mem Adds Resolution to Re-Elect Director Ahead of AGM
May 11, 2026
De.mem Limited has issued an addendum to its upcoming Annual General Meeting notice to include a new ordinary resolution concerning board composition. The additional item asks shareholders to approve the re-election of non-independent director And...
De.mem issues shares for investor relations services and affirms disclosure compliance
May 4, 2026
De.mem Limited has issued 192,593 fully paid ordinary shares at a deemed price of $0.135 per share as consideration for services provided under an investor relations agreement, and has confirmed that this share issue was conducted without a disclo...
De.mem Issues Shares for Investor Relations Services
May 4, 2026
De.mem Ltd has applied for quotation on the ASX of 192,593 new ordinary fully paid shares. These securities were issued on May 1, 2026, as a non-cash consideration for services provided under an investor relations agreement.The move modestly incre...
De.mem Issues 500,000 Unquoted Performance Rights Under Incentive Scheme
May 1, 2026
De.mem Ltd has notified the market of the issue of 500,000 unquoted performance rights under its employee incentive scheme. The new securities, recorded under ASX security code DEMAU, were issued on 30 April 2026 and are subject to transfer restri...
De.mem issues new shares to settle service fees
May 1, 2026
De.mem Ltd, listed on the ASX under ticker DEM, operates in the water and wastewater treatment sector, providing treatment systems and related services to industrial, commercial, and utility customers. The company focuses on tailored solutions tha...
De.mem posts record cash receipts, positive cash flow in March quarter
Apr 23, 2026
De.mem reported record March quarter 2026 cash receipts of about $10.4 million, representing 31% growth over the prior corresponding period and marking its highest quarterly cash inflow to date. The company has sustained a compound annual growth r...
De.mem sets fully virtual AGM for 26 May 2026, shifts to digital meeting materials
Apr 23, 2026
De.mem Limited has scheduled its Annual General Meeting of shareholders for 26 May 2026 at 4:00pm AEST, to be conducted virtually via a webinar conferencing facility. The company is shifting to electronic distribution of meeting materials in line ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.