DXN Ltd. (DXN) AI Stock Analysis

• Market Cap: AU$16.85M
• Dividend Yield: N/A
• Average Volume (3M): 296.86K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.45
• Revenue Growth: 49.03%
• EPS Growth: 91.45%
• Country: AU
• Employees: 29
• Sector: Technology
• Sector Strength: 88
• Industry: Information Technology Services
• EPS (TTM): >-0.01
• Shares Outstanding: 312,036,960
• 10 Day Avg. Volume: 478,717
• 30 Day Avg. Volume: 296,861
• PEG Ratio: 0.19
• Price to Book (P/B): 3.68
• Price to Sales (P/S): 1.13
• P/FCF Ratio: -2.89
• 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: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 43 Neutral
• Price Target: AU$0.00 ▼(-100.00% Downside)

DXN Ltd.'s overall stock score is primarily impacted by its weak financial performance, characterized by high leverage, negative profitability, and liquidity concerns. Technical analysis provides some support with mild upward trends, but bearish momentum and valuation concerns due to negative earnings further weigh down the score. The absence of earnings call insights and corporate events leaves these areas unaddressed.

Positive Factors

Revenue Growth

Consistent revenue growth indicates potential market expansion and product demand, which can support long-term business sustainability.

Product Innovation

Ongoing investment in R&D for new products ensures a competitive edge and aligns with consumer trends in the wellness market.

Strategic Partnerships

Strategic partnerships enhance market reach and operational efficiency, supporting long-term growth and competitive positioning.

Negative Factors

High Leverage

High leverage poses financial risks, potentially limiting financial flexibility and increasing vulnerability to economic downturns.

Negative Profitability

Persistent losses and negative margins indicate challenges in achieving profitability, which can hinder long-term financial health.

Liquidity Concerns

Liquidity issues suggest operational inefficiencies and could impact the company's ability to meet short-term obligations and invest in growth.

DXN Ltd. Business Overview & Revenue Model

Company Description

DXN Limited designs, manufactures, owns, and operates data centers and related infrastructure in Australia. The company's data centers provide space, power, cooling, and physical security for clients to house their computer servers, and related storage and networking equipment. It also engineers, constructs, and commissions data center solutions for edge data centers and telecommunications applications, such as satellite, radio centers, and cable landing stations. In addition, the company provides connectivity solutions comprising cloud interconnection, fiber cross-connects, internet services, and cloud span services; and engineering as a service, project management, data center management, and maintenance and engineering services. The company was incorporated in 2017 and is based in Welshpool, Australia.

How the Company Makes Money

DXN generates revenue primarily through the sale of its health and wellness products, which are marketed directly to consumers and through a network of independent distributors. The company's revenue model is largely based on multi-level marketing (MLM), allowing distributors to earn commissions not only on their sales but also on the sales made by their recruits. This creates multiple layers of income potential and incentivizes distributors to expand their networks. In addition to product sales, DXN benefits from strategic partnerships with suppliers and distributors that enhance its market reach and operational efficiency. Furthermore, the company continually invests in research and development to innovate new products, ensuring a competitive edge in the growing wellness market.

DXN Ltd. Financial Statement Overview

Summary

DXN Ltd. is struggling with significant financial challenges. The income statement shows negative net income and EBIT, despite some revenue growth and improved gross profit margin. The balance sheet is highly leveraged with negative stockholders' equity, indicating solvency concerns. Cash flow has improved slightly with positive operating cash flow, but overall cash flow is still under pressure. The company needs strategic improvements to stabilize its financial performance.

Income Statement

DXN Ltd.'s income statement shows a challenging financial position with negative net income and EBIT. Although there is a positive revenue growth from the previous year, the company struggles with profitability, as indicated by negative EBIT and net profit margins. The gross profit margin has improved significantly, suggesting some operational cost control, but the overall profitability remains weak.

Balance Sheet

The balance sheet reflects a highly leveraged financial structure with a negative stockholders' equity, indicating solvency concerns. The debt-to-equity ratio cannot be calculated due to negative equity, and the return on equity is negative due to continuous losses. The equity ratio is negative, which poses a significant risk to financial stability.

Cash Flow

Cash flow analysis indicates some improvement, with positive operating cash flow and free cash flow in the latest period. However, the operating cash flow to net income ratio is skewed by negative net income. The company has shown resilience in generating cash from operations and managing capital expenditures, but overall cash flow remains under pressure.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	16.03M	16.03M	10.76M	6.58M	14.26M	8.04M
Gross Profit	5.39M	5.39M	1.68M	-3.33M	-4.08M	-6.20M
EBITDA	-127.59K	-218.08K	175.90K	-5.99M	-3.28M	-42.65K
Net Income	-2.31M	-2.31M	-2.30M	-9.61M	-6.90M	-4.81M
Balance Sheet
Total Assets	16.15M	16.15M	14.16M	18.48M	27.27M	23.87M
Cash, Cash Equivalents and Short-Term Investments	3.12M	3.12M	2.98M	710.21K	1.92M	1.66M
Total Debt	6.45M	6.45M	8.32M	13.16M	15.56M	10.14M
Total Liabilities	11.23M	11.23M	14.57M	18.66M	19.82M	12.86M
Stockholders Equity	4.92M	4.92M	-412.27K	-175.14K	7.45M	11.01M
Cash Flow
Free Cash Flow	-6.27M	-6.27M	1.13M	-1.86M	-428.58K	-2.84M
Operating Cash Flow	-3.89M	-3.89M	1.17M	-1.53M	-378.98K	-2.66M
Investing Cash Flow	-3.25M	-3.25M	-183.37K	-334.06K	-3.87M	1.88M
Financing Cash Flow	7.27M	7.27M	770.39K	1.22M	4.51M	-1.14M

DXN Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.06
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:DXN, the sentiment is Positive. The current price of 0.06 is above the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.06, and above the 200-day MA of 0.05, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 54.63 is Neutral, neither overbought nor oversold. The STOCH value of 76.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:DXN.

DXN Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
COS	―	AU$106.46M	13.36	10.79%	3.74%	14.59%	-11.13%
Sector *	―	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
CCG	―	AU$36.84M	15.00	-1.89%	3.55%	2.06%	-277.78%
DUG	―	AU$360.87M	33.61	-10.10%	―	-3.10%	-236.41%
REM	―	AU$7.49M	-7.92	-76.21%	―	106.54%	74.33%
DXN	―	AU$16.85M	-5.57	-102.67%	―	49.03%	91.45%
ATV	―	AU$23.25M	―	-134.92%	―	-35.77%	-8.93%

DXN Ltd. Corporate Events

DXN Limited Updates Annual General Meeting Details

DXN Limited has announced updates regarding its Annual General Meeting (AGM), including an updated proxy form that now includes Resolution 8. The AGM will be held virtually on 21 November 2025, and shareholders are encouraged to participate and vote through the Automic shareholder portal. This update reflects the company’s commitment to maintaining transparent communication with its stakeholders and ensuring shareholder engagement in important company decisions.

The most recent analyst rating on (AU:DXN) stock is a Buy with a A$0.08 price target. To see the full list of analyst forecasts on DXN Ltd. stock, see the AU:DXN Stock Forecast page.

DXN Limited Announces Virtual AGM for 2025

DXN Limited has announced the dispatch of documents related to its upcoming Annual General Meeting (AGM) scheduled for November 21, 2025. The meeting will be held virtually, and shareholders have been provided with electronic access to the Notice of Meeting. This move reflects DXN’s commitment to leveraging digital platforms for shareholder engagement, potentially enhancing participation and transparency in its corporate governance processes.

The most recent analyst rating on (AU:DXN) stock is a Buy with a A$0.08 price target. To see the full list of analyst forecasts on DXN Ltd. stock, see the AU:DXN Stock Forecast page.

DXN Limited Issues New Shares to Enhance Market Position

DXN Limited has announced the issuance of 13,333,333 fully paid ordinary shares without disclosure to investors under the Corporations Act. This move aligns with the company’s compliance with relevant provisions of the Corporations Act, and there is no excluded information as per the current notice. This share issuance is a significant step for DXN, potentially impacting its operational capabilities and market positioning within the data centre industry, as it continues to cater to government and enterprise clients.

The most recent analyst rating on (AU:DXN) stock is a Buy with a A$0.08 price target. To see the full list of analyst forecasts on DXN Ltd. stock, see the AU:DXN Stock Forecast page.

DXN Ltd. Announces New Securities Quotation

DXN Ltd. has announced the issuance of 13,333,333 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) under the code DXN. This move signifies a strategic step for DXN Ltd., potentially impacting its market positioning and offering new opportunities for stakeholders.

The most recent analyst rating on (AU:DXN) stock is a Buy with a A$0.08 price target. To see the full list of analyst forecasts on DXN Ltd. stock, see the AU:DXN Stock Forecast page.

DXN Ltd. Achieves 49% Revenue Growth and Expands DCaaS Offerings in FY25

DXN Ltd. reported a 49% revenue growth to $16.0 million for FY25, driven by strong order intake in its modular division and strategic contract wins with blue-chip clients like Globalstar and DP World Australia. The company launched a new DCaaS division, secured a $6.5 million capital raise, and finalized a $2.1 million acquisition of SDC Darwin property. These developments, along with a robust $12.0 million order backlog and a pipeline of 71 potential projects, position DXN well for sustainable growth and improved profitability in the expanding data centre market.

The most recent analyst rating on (AU:DXN) stock is a Buy with a A$0.08 price target. To see the full list of analyst forecasts on DXN Ltd. stock, see the AU:DXN Stock Forecast page.

DXN Limited Releases 2025 Corporate Governance Statement

DXN Limited has released its corporate governance statement for the financial year ending June 30, 2025. The statement, which is available on the company’s website, outlines the extent to which DXN has adhered to the ASX Corporate Governance Council’s recommendations. This disclosure is crucial for stakeholders as it provides transparency regarding the company’s governance practices and any deviations from standard recommendations, potentially impacting investor confidence and the company’s market positioning.

The most recent analyst rating on (AU:DXN) stock is a Buy with a A$0.08 price target. To see the full list of analyst forecasts on DXN Ltd. stock, see the AU:DXN Stock Forecast page.

DXN Limited Sees Revenue Surge but Faces Increased Losses

DXN Limited reported a significant 49% increase in revenues for the year ending June 2025, reaching over $16 million. Despite this revenue growth, the company recorded a slight increase in net loss to $2.31 million, attributed to a decline in gross profit and various non-operating costs. The EBITDA was notably lower than the previous year, indicating challenges in core earnings performance. The company did not declare any dividends for the current or previous period, and the net tangible assets per ordinary security improved from negative to positive.

The most recent analyst rating on (AU:DXN) stock is a Buy with a A$0.08 price target. To see the full list of analyst forecasts on DXN Ltd. stock, see the AU:DXN Stock Forecast page.