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Dubber Corporation Limited
(Sydney:DUB)
Dubber Corporation Limited (DUB) vs. iShares MSCI Australia ETF (EWA)
Dubber Corporation Limited Business Overview & Revenue Model
Dubber Corporation Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 42.19M | 42.19M | 38.66M | 30.03M | 16.32M | 20.34M |
| Gross Profit | 4.95M | 4.95M | 24.55M | -50.87M | -62.62M | -15.20M |
| EBITDA | -12.28M | -12.28M | -29.06M | -60.79M | -75.67M | -29.29M |
| Net Income | -33.31M | -33.31M | -40.72M | -69.20M | -84.11M | -31.70M |
Balance Sheet | ||||||
| Total Assets | 37.13M | 37.13M | 54.29M | 89.98M | 149.48M | 100.33M |
| Cash, Cash Equivalents and Short-Term Investments | 10.86M | 10.86M | 10.65M | 2.86M | 54.38M | 32.04M |
| Total Debt | 7.88M | 7.88M | 7.40M | 9.37M | 11.28M | 2.60M |
| Total Liabilities | 23.21M | 23.21M | 36.81M | 36.77M | 34.24M | 41.38M |
| Stockholders Equity | 13.92M | 13.92M | 17.49M | 53.21M | 115.25M | 58.96M |
Cash Flow | ||||||
| Free Cash Flow | -21.76M | -21.76M | -22.83M | -50.92M | -45.30M | -17.70M |
| Operating Cash Flow | -21.76M | -21.76M | -22.83M | -50.18M | -42.21M | -17.45M |
| Investing Cash Flow | 488.68K | 488.68K | 2.42M | 1.30M | -40.22M | -12.58M |
| Financing Cash Flow | 21.09M | 21.09M | 29.04M | -1.93M | 105.01M | 43.65M |
Dubber Corporation Limited Technical Analysis
Dubber Corporation Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
48 Neutral | AU$30.75M | -102.50 | -3.14% | ― | 2.98% | 93.55% | |
48 Neutral | AU$26.12M | -3.97 | -31.01% | ― | -3.43% | -40.65% | |
44 Neutral | AU$55.41M | -7.28 | -64.13% | ― | -38.03% | -11.27% | |
44 Neutral | AU$31.91M | -14.50 | ― | ― | 7.32% | 67.11% | |
41 Neutral | AU$10.33M | -1.59 | -133.07% | ― | -4.90% | -52.78% | |
40 Underperform | AU$45.93M | -1.01 | -212.09% | ― | 9.14% | 65.30% |
Dubber Corporation Limited Corporate Events
Dubber Corporation has announced that its non-executive directors and CEO will again participate in a salary sacrifice arrangement, taking part or all of their fixed cash remuneration for the next year in newly issued Dubber shares, subject to shareholder approval by the 2026 AGM. The move, covering between 24% and 100% of individual directors’ fees and the CEO’s salary, is framed as a vote of confidence in Dubber’s growth prospects, with shares to be priced on a volume weighted average of trades between late November 2025 and late February 2026; if shareholders do not approve the equity issuance, directors will instead receive their contracted cash payments.
The most recent analyst rating on (AU:DUB) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Dubber Corporation Limited stock, see the AU:DUB Stock Forecast page.
Dubber Corporation Limited has reported a change in the relevant interests of director Matthew Bellizia in the company’s securities, all of which are held indirectly through family and dependent accounts and associated entities. The filing discloses that Bellizia has acquired an additional 6,250,000 ordinary fully paid shares as of 19 December 2025, with no changes to his existing unlisted options or employee share options, and no disposals recorded, signalling an increased equity stake and continued alignment of the director’s interests with those of shareholders.
The most recent analyst rating on (AU:DUB) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Dubber Corporation Limited stock, see the AU:DUB Stock Forecast page.
Dubber Corporation Limited has disclosed a change in director Simon Crowther’s relevant interests, noting that his interest is held indirectly via Wisebuddha Investments Pty Ltd as trustee and beneficiary of a superannuation fund. The filing records that Crowther, who previously held no ordinary fully paid shares, has been allotted a total of 1,875,000 ordinary shares at varying issue prices, comprising capital-raising shares and remuneration shares approved by shareholders on 26 November 2025, signaling increased director alignment with shareholder interests through both investment participation and equity-based compensation.
The most recent analyst rating on (AU:DUB) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Dubber Corporation Limited stock, see the AU:DUB Stock Forecast page.
Dubber Corporation Limited has disclosed a change in the shareholding of director Jeremy Davis following a recent capital raising approved by shareholders. Davis acquired 1.25 million new ordinary fully paid shares at $0.04 per share, increasing his direct holding from 912,518 to 2,162,518 shares. The transaction represents participation in the company’s capital raising rather than a market trade and indicates further alignment of the director’s interests with those of shareholders, with the company formalising the change in accordance with ASX disclosure requirements.
The most recent analyst rating on (AU:DUB) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Dubber Corporation Limited stock, see the AU:DUB Stock Forecast page.
Dubber Corporation Limited has disclosed a change in director Edward Pretty’s relevant interests in the company’s securities, lodged under ASX listing rule 3.19A.2, with all holdings held indirectly via Darwin Capital Pty Ltd. Following transactions dated 19 December 2025, Pretty now has an indirect interest in 4 million ordinary fully paid shares acquired at $0.04 per share, as well as a package of 4.5 million options (ZEPOS) with various vesting conditions and expiries through January 2028, reflecting a mix of paid equity investment and equity-based remuneration that increases his alignment with shareholder interests and potentially strengthens governance incentives at the company.
The most recent analyst rating on (AU:DUB) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Dubber Corporation Limited stock, see the AU:DUB Stock Forecast page.
Dubber Corporation Limited has notified the market that it will issue 4.5 million unquoted options under an employee incentive scheme, with the options expiring on 31 January 2028 and carrying no exercise price. The new options, not intended to be quoted on the ASX, expand Dubber’s pool of equity-based incentives and are likely aimed at retaining and motivating staff and key contributors, potentially diluting existing shareholders over time but aligning employee interests with the company’s long-term performance.
The most recent analyst rating on (AU:DUB) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Dubber Corporation Limited stock, see the AU:DUB Stock Forecast page.
Dubber Corporation has issued 28,375,000 fully paid ordinary shares to directors following shareholder approval at its 26 November 2025 meeting, comprising 20,375,000 capital-raising shares and 8,000,000 remuneration shares. The company confirmed the shares were issued without a prospectus under the Corporations Act’s cleansing provisions, stated it is in compliance with its financial reporting and continuous disclosure obligations, and indicated there is no excluded information, effectively clearing the new securities for on-market trading and reinforcing governance transparency for investors.
The most recent analyst rating on (AU:DUB) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Dubber Corporation Limited stock, see the AU:DUB Stock Forecast page.
Dubber Corporation Limited has applied to the ASX for quotation of 28,375,000 new ordinary fully paid shares, following shareholder approval at its 26 November 2025 annual general meeting for the issue of director shares under resolutions 6 to 13. The move expands the company’s quoted share capital and signals continued use of equity-based remuneration or incentive structures for directors, with potential implications for shareholder dilution and corporate governance alignment between board members and investors.
The most recent analyst rating on (AU:DUB) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Dubber Corporation Limited stock, see the AU:DUB Stock Forecast page.
Dubber Corporation Limited has secured a five-year agreement with a Tier 1 North American telecommunications carrier to supply mobile voice recording and AI-driven conversation analytics, reinforcing its position as a key technology partner to major global telcos. The contract includes an upfront payment of about A$4.6 million by the end of Q3 FY26 for access to Dubber’s Cloud Recorder and related support, plus additional monthly per-user subscription revenues as the carrier’s customers adopt the services, potentially expanding Dubber’s recurring revenue base and showcasing its compliance and conversation AI capabilities to other telecom operators worldwide.
The most recent analyst rating on (AU:DUB) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Dubber Corporation Limited stock, see the AU:DUB Stock Forecast page.
Dubber Corporation Limited announced a change in the director’s interest in securities, specifically involving Matthew Bellizia. The notice details indirect interests held by Bellizia through various family accounts and trusts, with changes occurring on December 3 and 5, 2025. This update reflects the company’s compliance with ASX listing rules, ensuring transparency in director dealings, which is crucial for maintaining investor trust and regulatory adherence.
The most recent analyst rating on (AU:DUB) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Dubber Corporation Limited stock, see the AU:DUB Stock Forecast page.
Dubber Corporation Limited announced the issuance of unquoted employee share options as part of an incentive scheme, with a total of 9,337,570 options issued on two separate dates in November and December 2025. This move is likely aimed at enhancing employee engagement and retention, potentially impacting the company’s operational dynamics and market positioning by aligning employee interests with company growth.
The most recent analyst rating on (AU:DUB) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Dubber Corporation Limited stock, see the AU:DUB Stock Forecast page.
Dubber Corporation Limited announced the successful results of its Annual General Meeting, with all resolutions passed by a poll. Key resolutions included the adoption of the Remuneration Report and the election of directors, which were overwhelmingly supported by shareholders. This outcome reinforces Dubber’s strategic direction and leadership stability, potentially enhancing its market position and stakeholder confidence.
Dubber Corporation Limited has undergone significant changes in FY25, including management restructuring and legal actions to recover funds related to past incidents. The company has appointed a new CEO, Matthew Bellizia, who is driving a strategic focus on operational optimization and product innovation. Despite achieving a 9% revenue growth and reaching cashflow breakeven, the company faces challenges with the non-renewal of a major contract, impacting future revenue. The company is committed to sustainable growth and restoring shareholder value.
Dubber Corporation Limited announced the resignation of its Chief Financial Officer, Andrew Demery, who is leaving to pursue new professional opportunities. Prasad Kasinadhuni, the Group’s Financial Controller, has been appointed as Acting CFO effective immediately, with Demery staying on until December 2025 to ensure a smooth transition. The company will announce a permanent CFO in due course.
Dubber Corporation Limited has released its Q1 FY26 Quarterly Activities Report and Appendix 4C, providing insights into its financial performance and operational activities. The report highlights the company’s strategic focus on expanding its market presence and enhancing its service offerings. While the document includes forward-looking statements, it emphasizes the inherent risks and uncertainties that could impact future performance. Stakeholders are advised to consider these factors when evaluating Dubber’s potential growth and market positioning.
Dubber Corporation Limited has announced the application for quotation of a total of 5,472,356 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to enhance its capital structure and provide additional liquidity, potentially strengthening its market position and offering more opportunities for stakeholders.
Dubber Corporation Limited announced an upcoming investor webinar scheduled for October 30, 2025, where the company’s executives will discuss the Q1 FY26 financial results and activities report. This event underscores Dubber’s commitment to transparency and stakeholder engagement, potentially impacting investor confidence and market perception.