Dusk Group Ltd. (DSK) AI Stock Analysis

• Market Cap: AU$47.95M
• Dividend Yield: 9.03%
• Average Volume (3M): 79.00K
• Price to Earnings (P/E): 10.9
• Beta (1Y): 0.37
• Revenue Growth: 8.39%
• EPS Growth: 3.21%
• Country: AU
• Employees: N/A
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Specialty Retail
• EPS (TTM): -0.09
• Shares Outstanding: 62,267,864
• 10 Day Avg. Volume: 102,180
• 30 Day Avg. Volume: 78,996
• PEG Ratio: 3.61
• Price to Book (P/B): 1.61
• Price to Sales (P/S): 0.37
• P/FCF Ratio: 2.01
• 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$1.20
• Price Target Upside: 55.84% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: AU$1.00 ▲(29.87% Upside)

Dusk Group Ltd. receives an overall score of 66, driven primarily by its stable financial performance and attractive valuation. While the company faces challenges in revenue growth and profitability, its strong gross margins and high dividend yield provide a solid foundation. Technical analysis shows mixed signals, indicating potential stability but also some bearish momentum.

Positive Factors

Strong Gross Margins

Strong gross margins indicate effective cost management, allowing Dusk Group to maintain profitability even in challenging market conditions.

Customer Loyalty

High customer loyalty and repeat purchases provide a stable revenue base, enhancing long-term business sustainability and competitive advantage.

High Dividend Yield

A high dividend yield can attract income-focused investors, supporting the stock price and providing financial flexibility for the company.

Negative Factors

Increased Leverage

Increased leverage can pose financial risks, limiting the company's ability to invest in growth opportunities and affecting long-term financial health.

Decline in Free Cash Flow

A decline in free cash flow growth may hinder the company's ability to fund operations and invest in future growth, impacting long-term performance.

Decreased Net Profit Margin

A decreasing net profit margin indicates potential challenges in cost control and pricing power, which could affect long-term profitability and competitiveness.

Dusk Group Ltd. Business Overview & Revenue Model

Company Description

Dusk Group Limited operates as an omni-channel specialty retailer that focuses on home fragrance products in Australia. It offers novelty, scented, scented pillar, unscented, taper, tealight, and votive candles; candle holders, candle accessories, and wax melts; home fragrance products, including essential oils, mood reed refills, incense products, fragrant oils, room and linen sprays, pillow mist, and fragrant gel gems; and MoodMist, ultrasonic, glass, resin, ceramic, oil, mood reed, artisan reed, aromatherapy, and mini diffusers. The company also provides plant therapy essential oils and sets; candle holders, such as tealight holders, votive holders, hurricanes, lanterns, pillar holders, taper holders, plates and tray sets, and accessories; oil burners, candle care products, and related storage products; and gift cards and packs. It operates through a network of physical stores and online stores under the dusk brand name. The company was incorporated in 2014 and is based in Alexandria, Australia.

How the Company Makes Money

Dusk Group Ltd. generates revenue through the sale of its lighting products and solutions across various sectors. The company's primary revenue streams include direct sales to retail chains, commercial projects, and online sales through its e-commerce platform. Additionally, DSK has formed strategic partnerships with construction firms and interior designers, allowing it to penetrate new markets and secure large-scale contracts. The demand for energy-efficient and smart lighting solutions has also contributed to its earnings, as businesses and consumers increasingly seek to reduce energy costs and improve sustainability.

Dusk Group Ltd. Financial Statement Overview

Summary

Dusk Group Ltd. shows a stable financial outlook with strong gross margins and a stable equity position. However, challenges in revenue growth, profitability margins, and increased leverage suggest areas for improvement. Cash flow management is crucial for future growth.

Income Statement

Dusk Group Ltd. has shown a mixed performance in its income statement. The gross profit margin remains strong, indicating effective cost management. However, the net profit margin has decreased over the years, reflecting challenges in maintaining profitability. Revenue growth has been inconsistent, with recent declines, which could be a concern for future earnings potential. The EBIT and EBITDA margins have also seen fluctuations, suggesting volatility in operational efficiency.

Balance Sheet

The balance sheet of Dusk Group Ltd. reveals a moderate financial position. The debt-to-equity ratio has increased slightly, indicating higher leverage, which could pose risks if not managed carefully. Return on equity has decreased from previous highs, reflecting reduced profitability on shareholders' investments. The equity ratio remains stable, suggesting a balanced approach to financing assets.

Cash Flow

Cash flow analysis shows a decline in free cash flow growth, which could impact the company's ability to fund operations and growth initiatives. The operating cash flow to net income ratio is healthy, indicating good cash generation relative to reported earnings. However, the free cash flow to net income ratio has shown some variability, pointing to potential challenges in sustaining cash flow levels.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	137.36M	137.36M	127.44M	137.62M	138.39M	148.62M
Gross Profit	87.30M	87.30M	81.55M	87.77M	93.73M	101.31M
EBITDA	11.68M	11.68M	28.68M	38.75M	46.84M	50.07M
Net Income	4.40M	4.40M	4.27M	11.59M	18.48M	21.86M
Balance Sheet
Total Assets	86.69M	86.69M	87.80M	89.52M	88.28M	84.48M
Cash, Cash Equivalents and Short-Term Investments	20.15M	20.15M	20.76M	16.01M	21.28M	21.41M
Total Debt	37.84M	37.84M	37.24M	39.56M	36.49M	33.93M
Total Liabilities	54.92M	54.92M	50.30M	52.78M	51.81M	54.26M
Stockholders Equity	31.77M	31.77M	37.50M	36.74M	36.46M	30.21M
Cash Flow
Free Cash Flow	25.44M	25.44M	23.72M	21.47M	27.13M	31.26M
Operating Cash Flow	27.74M	27.74M	27.59M	25.40M	32.41M	35.09M
Investing Cash Flow	-3.03M	-3.03M	-3.58M	-3.53M	-5.28M	-3.83M
Financing Cash Flow	-25.32M	-25.32M	-19.26M	-27.14M	-27.26M	-38.21M

Dusk Group Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.77
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:DSK, the sentiment is Negative. The current price of 0.77 is below the 20-day moving average (MA) of 0.79, below the 50-day MA of 0.84, and below the 200-day MA of 0.88, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 38.34 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:DSK.

Dusk Group Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SHM	70 Neutral	AU$55.94M	9.32	17.58%	6.10%	-13.36%	14.09%
JYC	67 Neutral	AU$160.56M	21.83	21.22%	5.01%	1.82%	-18.84%
ABY	66 Neutral	AU$119.33M	156.79	1.90%	―	1.58%	-65.09%
DSK	66 Neutral	AU$47.95M	10.89	12.71%	9.03%	8.39%	3.21%
SSG	65 Neutral	AU$193.90M	12.91	16.91%	6.98%	-0.35%	-1.96%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
BBN	56 Neutral	AU$346.63M	36.21	8.94%	―	4.72%	465.60%

Dusk Group Ltd. Corporate Events

Dusk Group Addresses Compliance Oversight in Director Interest Disclosure

Dusk Group Ltd. addressed a compliance issue regarding the late lodgement of an Appendix 3Y form related to a change in director Vlad Yakubson’s notifiable interests. The delay was attributed to an administrative oversight. The company reassured stakeholders of its commitment to compliance by highlighting its existing reporting practices and the recent appointment of an additional Company Secretary. This incident underscores the importance of adherence to ASX Listing Rules and the potential implications for corporate governance.

The most recent analyst rating on (AU:DSK) stock is a Buy with a A$1.20 price target. To see the full list of analyst forecasts on Dusk Group Ltd. stock, see the AU:DSK Stock Forecast page.

Dusk Group Re-appoints KPMG as Auditor

Dusk Group Ltd has announced the re-appointment of KPMG as its auditor, pending shareholder approval at the 2026 Annual General Meeting. This decision follows an oversight in seeking approval at the previous meeting, and it reflects the company’s commitment to maintaining robust financial oversight, potentially impacting stakeholder confidence and operational transparency.

The most recent analyst rating on (AU:DSK) stock is a Buy with a A$1.20 price target. To see the full list of analyst forecasts on Dusk Group Ltd. stock, see the AU:DSK Stock Forecast page.

Dusk Group Limited Appoints New Director

Dusk Group Limited has announced the appointment of Allison Renee Batten as a director, effective November 12, 2025. The initial director’s interest notice indicates that Batten currently holds no relevant interests in securities or contracts related to the company. This appointment is a significant development for Dusk Group Limited, potentially impacting its strategic direction and governance, although no immediate changes in stakeholder interests are evident from the notice.

The most recent analyst rating on (AU:DSK) stock is a Buy with a A$1.20 price target. To see the full list of analyst forecasts on Dusk Group Ltd. stock, see the AU:DSK Stock Forecast page.

Dusk Group Strengthens Board with New Appointment

Dusk Group Ltd has appointed Allison Batten as an independent Non-Executive Director, effective 12 November 2025. With a 30-year career in retail operations and strategic consulting, Ms. Batten brings extensive experience from her roles at Target Australia and The Reject Shop, as well as advisory positions. Her expertise in retail leadership and business transformation is expected to support Dusk’s growth strategy, enhancing its market position in the home fragrance industry.

The most recent analyst rating on (AU:DSK) stock is a Buy with a A$1.20 price target. To see the full list of analyst forecasts on Dusk Group Ltd. stock, see the AU:DSK Stock Forecast page.

Dusk Group Ltd. Issues Performance Rights Under Employee Incentive Scheme

Dusk Group Ltd. announced the issuance of 533,030 performance rights under an employee incentive scheme. These unquoted securities are subject to transfer restrictions and are not listed on the ASX until the restrictions are lifted, reflecting the company’s commitment to aligning employee incentives with business performance.

The most recent analyst rating on (AU:DSK) stock is a Buy with a A$1.20 price target. To see the full list of analyst forecasts on Dusk Group Ltd. stock, see the AU:DSK Stock Forecast page.

Dusk Group Announces Departure of Director David MacLean

Dusk Group Limited announced that David John Milroy MacLean has ceased to be a director as of October 24, 2025. The announcement includes details of MacLean’s indirect holdings in the company, totaling 1,268,027 fully paid ordinary shares. This change in the board may impact the company’s strategic direction and could have implications for stakeholders, given MacLean’s significant shareholding and influence.

The most recent analyst rating on (AU:DSK) stock is a Buy with a A$1.20 price target. To see the full list of analyst forecasts on Dusk Group Ltd. stock, see the AU:DSK Stock Forecast page.

Dusk Group Director Acquires Performance Rights in Strategic Incentive Move

Dusk Group Limited has announced a change in the interests of its director, Vladislav Yakubson, involving the acquisition of 934,477 performance rights. These rights were issued under the company’s Equity Incentive Plan as part of Yakubson’s Long-Term Incentive (LTI) awards for fiscal years 2025 and 2026, with a total valuation of $912,000. This move reflects the company’s strategy to align leadership incentives with long-term performance goals, potentially impacting shareholder value and the company’s market positioning.

The most recent analyst rating on (AU:DSK) stock is a Buy with a A$1.20 price target. To see the full list of analyst forecasts on Dusk Group Ltd. stock, see the AU:DSK Stock Forecast page.