Fatfish Group (FFG) AI Stock Analysis

• Market Cap: AU$10.88M
• Dividend Yield: N/A
• Average Volume (3M): 1.27M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.27
• Revenue Growth: -47.55%
• EPS Growth: N/A
• Country: AU
• Employees: N/A
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): N/A
• Shares Outstanding: 1,553,573,000
• 10 Day Avg. Volume: 1,273,592
• 30 Day Avg. Volume: 1,273,592
• PEG Ratio: 0.38
• Price to Book (P/B): -1.20
• Price to Sales (P/S): 7.44
• P/FCF Ratio: -21.32
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 43 Neutral
• Price Target: AU$0.01 ▲(0.00% Upside)

The overall stock score is primarily influenced by the company's poor financial performance, marked by negative profitability and cash flow issues. Technical analysis provides a neutral outlook, while valuation metrics highlight the lack of profitability and dividend yield. These factors collectively result in a low stock score.

Positive Factors

Strategic Divestments

The strategic divestments provide cash inflow for debt settlement and working capital, enhancing financial flexibility and focus on growth areas.

Focus on High-Growth Areas

By concentrating on high-growth sectors like digital financing and AI, FFG aims to leverage expanding market opportunities, supporting long-term growth.

ASX Reinstatement Plans

Reinstatement on the ASX could improve market visibility and access to capital, supporting future growth and investor confidence.

Negative Factors

Negative Equity

Negative equity indicates liabilities exceed assets, posing risks to financial stability and potential solvency issues.

Negative Cash Flows

Persistent negative cash flows challenge the company's ability to sustain operations without external financing, impacting long-term viability.

Profitability Challenges

Ongoing profitability challenges, despite revenue growth, highlight difficulties in achieving sustainable earnings, affecting long-term financial health.

Fatfish Group Business Overview & Revenue Model

Company Description

Fatfish Group (FFG) is a diverse investment and innovation firm focused on technology and digital sectors. The company operates through various subsidiaries and investments, primarily in the areas of fintech, e-commerce, and digital media. FFG aims to support and scale tech-driven businesses, leveraging its expertise and resources to foster growth and innovation across its portfolio.

How the Company Makes Money

FFG generates revenue through multiple channels, including equity stakes in its portfolio companies, which may provide dividends or capital gains upon exit. The company also earns management fees from its investment activities and may receive performance-based incentives when portfolio companies achieve specific milestones. Additionally, FFG may engage in partnerships with other firms to co-develop projects or share resources, further enhancing its revenue streams. Its focus on investing in high-growth tech sectors positions FFG to benefit from the expanding market opportunities within these industries.

Fatfish Group Financial Statement Overview

Summary

Fatfish Group is facing significant financial challenges across all major financial statements. Despite revenue growth, the company struggles with profitability, as evidenced by negative margins and cash flows. The balance sheet's negative equity and high leverage pose risks to financial stability.

Income Statement

Fatfish Group's income statement shows a challenging financial position with consistent negative net profit margins, indicating ongoing losses. Despite a significant revenue growth rate of 34.43% in the latest year, the company struggles with profitability as evidenced by negative EBIT and EBITDA margins. The gross profit margin is high, suggesting effective cost management at the gross level, but overall profitability remains a concern.

Balance Sheet

The balance sheet reveals a negative stockholders' equity, which is a significant red flag, indicating that liabilities exceed assets. The debt-to-equity ratio is negative due to the negative equity, and the return on equity is positive but misleading due to the negative equity base. The equity ratio is also negative, highlighting financial instability and potential solvency issues.

Cash Flow

Cash flow analysis shows negative operating and free cash flows, indicating cash outflows from core operations. The free cash flow to net income ratio is above 1, suggesting that cash flow is better than reported earnings, but both are negative. The company faces challenges in generating positive cash flow, which could impact its ability to sustain operations without external financing.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.88M	1.30M	1.80M	240.49K	646.44K
Gross Profit	1.81M	1.29M	1.73M	381.91K	148.22K
EBITDA	-1.10M	-3.43M	-16.10M	-8.13M	1.34M
Net Income	-2.80M	-2.49M	-14.91M	-9.02M	1.92M
Balance Sheet
Total Assets	16.03M	15.34M	14.95M	28.39M	19.14M
Cash, Cash Equivalents and Short-Term Investments	4.42M	2.27M	1.23M	4.29M	1.06M
Total Debt	4.97M	6.39M	7.18M	6.58M	761.17K
Total Liabilities	12.26M	12.61M	14.05M	9.35M	1.04M
Stockholders Equity	-11.64M	-12.38M	-14.28M	19.48M	18.55M
Cash Flow
Free Cash Flow	-656.56K	-2.72M	-2.74M	-3.53M	-482.23K
Operating Cash Flow	-527.87K	-2.69M	-2.25M	-3.43M	-322.62K
Investing Cash Flow	-884.00K	152.14K	17.33K	-2.21M	-420.43K
Financing Cash Flow	1.15M	3.73M	-832.72K	8.65M	1.21M

Fatfish Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.01
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Neutral
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FFG, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.01, indicating a bearish trend. The MACD of >-0.01 indicates Neutral momentum. The RSI at 100.00 is Negative, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:FFG.

Fatfish Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
RZI	48 Neutral	AU$66.13M	-101.13	-0.15%	―	5.03%	52.31%
FNX	46 Neutral	AU$11.21M	-2.15	-34.88%	―	43.00%	-6078.57%
FFG	43 Neutral	AU$10.88M	-5.00	―	―	-47.55%	―
ABE	41 Neutral	AU$3.69M	-0.77	-444.41%	―	-37.25%	27.45%

Fatfish Group Corporate Events

Fatfish Group Plans Convertible Note Issue to Raise New Capital

Fatfish Group Limited has lodged an Appendix 3B with the ASX outlining a proposed placement involving the issue of up to 5,812,950 convertible notes, each with a face value of A$1.00, under a new class of securities. The issue, expected to take place on 2 March 2026, is intended to provide fresh capital via convertible debt, potentially strengthening the company’s balance sheet, supporting ongoing operations or growth initiatives, and altering its capital structure through future equity conversion, with implications for existing shareholders’ dilution and the company’s financial flexibility.

The most recent analyst rating on (AU:FFG) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Fatfish Group stock, see the AU:FFG Stock Forecast page.

Fatfish Group Refinances $5.67m Debt and Secures Additional Funding from Arena Investors

Fatfish Group has refinanced an existing $5.67 million debt facility with Arena Investors LP and secured an additional $0.15 million in funding through the issue of new secured convertible notes. The arrangement converts Arena’s existing loan into convertible notes in multiple tranches, introduces a low floor conversion price and grants Arena the right to nominate a director, underscoring Arena’s strengthened position as a key financier while providing Fatfish with immediate liquidity and market-standard financing terms that may influence its capital structure and governance once shareholder approvals are obtained.

The most recent analyst rating on (AU:FFG) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Fatfish Group stock, see the AU:FFG Stock Forecast page.

Fatfish Group Positions for Growth with Strategic Divestments and ASX Reinstatement Plans

Fatfish Group Limited has announced updates on its strategic operations aimed at profitability and industry adaptability. The divestment of two subsidiaries by its ASEAN Fintech Group resulted in a cash inflow of A$1.26 million, which the company plans to utilize for debt settlement and strengthening working capital, refining its focus on high-growth areas such as digital financing and AI. Additionally, investigations into prior misconduct revealed no material impact on operating subsidiaries, and FFG is targeting reinstatement on the Australian Securities Exchange by Q1 2026. These measures demonstrate the company’s commitment to reshaping its portfolio, enhancing financial flexibility, and advancing compliance amidst challenging market conditions.