Dubber Corporation Limited (DUB) AI Stock Analysis

• Market Cap: AU$47.22M
• Dividend Yield: N/A
• Average Volume (3M): 7.69M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.83
• Revenue Growth: 15.31%
• EPS Growth: 61.52%
• Country: AU
• Employees: 240
• Sector: Technology
• Sector Strength: 86
• Industry: Software - Application
• EPS (TTM): >-0.01
• Shares Outstanding: 2,623,367,400
• 10 Day Avg. Volume: 3,459,850
• 30 Day Avg. Volume: 7,688,002
• PEG Ratio: -0.02
• Price to Book (P/B): 0.75
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.89
• 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: 38 Underperform
• Price Target: AU$0.00 ▼(-100.00%Downside)

Dubber Corporation's overall stock score is heavily affected by its weak financial performance and poor valuation metrics. The technical analysis paints a similarly bleak picture with bearish momentum indicators. Despite revenue growth, the stock faces significant challenges in achieving profitability and financial stability.

Dubber Corporation Limited Business Overview & Revenue Model

Company Description

Dubber Corporation Limited (DUB) is a global provider of cloud-based call recording and voice AI solutions. Operating primarily in the telecommunications sector, Dubber's core services include call recording, transcription, and analytics, which are integrated into service providers' networks. The company's platform enables users to access and analyze voice data, enhancing customer interactions and business intelligence.

How the Company Makes Money

Dubber Corporation Limited generates revenue through a subscription-based model, where clients, primarily telecommunications service providers, pay for access to its call recording and voice AI services. The company partners with major telecom carriers to embed its solutions directly into their networks, allowing seamless integration for end-users. Dubber's revenue streams are driven by user subscriptions, which are typically structured as recurring monthly or annual fees, depending on the scale and specific needs of the customer. Additionally, Dubber may earn revenue from add-on services like advanced analytics or premium support, further enhancing its earnings potential.

Dubber Corporation Limited Financial Statement Overview

Summary

Dubber Corporation is experiencing revenue growth but continues to struggle with achieving profitability and maintaining a healthy balance sheet. Despite some improvements in cash flow management, significant challenges remain in achieving operational efficiency and financial stability. The persistent negative income and declining equity are key areas of concern.

Income Statement

Dubber Corporation's revenue has shown some growth, increasing from $30M in 2023 to $38.7M in 2024, representing a 28.8% growth rate. However, the company consistently reports negative gross profits and net income margins, revealing ongoing challenges in managing costs and achieving profitability. The EBIT and EBITDA margins are also negative, further highlighting operational inefficiencies.

Balance Sheet

The balance sheet shows a decrease in stockholders' equity from $53.2M in 2023 to $17.5M in 2024, indicating potential financial distress. The debt-to-equity ratio stands at 0.42, suggesting manageable leverage, but the declining equity raises concerns. The equity ratio decreased to 32.2%, reflecting reduced asset backing, which could impact financial stability.

Cash Flow

Dubber Corporation's cash flow performance is concerning, with negative operating cash flow and free cash flow, although improvements are seen compared to previous years. The free cash flow growth rate is positive, but the company's inability to generate positive operating cash flow limits its financial flexibility.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	40.45M	38.66M	30.03M	16.32M	20.34M	9.65M
Gross Profit	-1.58M	25.06M	-50.87M	-62.62M	-15.20M	-12.22M
EBITDA	-18.60M	-28.51M	-60.79M	-75.67M	-27.47M	-16.48M
Net Income	-30.62M	-40.72M	-69.20M	-84.10M	-31.70M	-18.00M
Balance Sheet
Total Assets	117.69M	54.29M	89.98M	149.48M	100.33M	35.34M
Cash, Cash Equivalents and Short-Term Investments	26.72M	10.65M	2.86M	54.38M	32.04M	18.41M
Total Debt	10.17M	7.40M	9.37M	11.28M	2.60M	2.48M
Total Liabilities	37.34M	36.81M	36.77M	34.24M	41.38M	9.80M
Stockholders Equity	80.35M	17.49M	53.21M	115.25M	58.96M	25.55M
Cash Flow
Free Cash Flow	-23.63M	-22.83M	-50.92M	-45.30M	-17.70M	-12.81M
Operating Cash Flow	-23.63M	-22.83M	-50.18M	-42.21M	-17.45M	-12.68M
Investing Cash Flow	1.15M	2.42M	322.44K	-40.22M	-12.58M	1.46M
Financing Cash Flow	42.27M	29.04M	-1.93M	105.01M	47.47M	10.08M

Dubber Corporation Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:DUB, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.03, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 10.68 is Positive, neither overbought nor oversold. The STOCH value of 104.44 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:DUB.

Dubber Corporation Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	57 Neutral	$1.14B	27.12	-27.06%	10.34%	10.83%	-5.57%
VIG	56 Neutral	AU$50.22M	―	-13.67%	―	-18.79%	-28.57%
PRO	51 Neutral	AU$31.34M	―	-52.29%	―	4.10%	-115.05%
XF1	50 Neutral	AU$35.21M	―		―	0.40%	66.36%
AR9	46 Neutral	AU$66.53M	―	-45.31%	―	-28.80%	32.87%
AMX	44 Neutral	AU$21.37M	―	-24.21%	―	-11.35%	-49.13%
DUB	38 Underperform	AU$47.22M	―	-131.93%	―	15.31%	61.52%

Dubber Corporation Limited Corporate Events

Dubber Corporation’s Substantial Shareholder Reduces Stake

Dubber Corporation Limited has announced a change in the substantial holding of its shares by Regal Funds Management Pty Limited and its associates. The voting power of Regal Funds Management has decreased from 10.64% to 9.44%, indicating a reduction in their stake in Dubber Corporation. This change in shareholding could impact the company’s market dynamics and influence its strategic decisions, as substantial shareholders often play a significant role in corporate governance.

Dubber Faces Contract Termination with VirginMedia O2, Plans Mitigation

Dubber Corporation Limited announced that VirginMedia O2 will not renew its contract for call recording and SIP services, which could lead to a significant gross margin reduction of approximately $7 million. Despite this setback, Dubber plans to mitigate the financial impact by eliminating related expenses and pursuing new growth initiatives, aiming to return to positive cash-flow by the end of the year.

Dubber Corporation Updates Securities Trading Policy

Dubber Corporation Limited has released an updated Securities Trading Policy, reflecting its ongoing commitment to compliance and governance. This update is significant for stakeholders as it underscores Dubber’s dedication to maintaining transparency and integrity in its operations, potentially strengthening its position in the market.