Finexia Financial Group Ltd (FNX) AI Stock Analysis

• Market Cap: AU$11.84M
• Dividend Yield: N/A
• Average Volume (3M): 5.67K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.04
• Revenue Growth: 43.00%
• EPS Growth: -6078.57%
• Country: AU
• Employees: 31
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): -0.05
• Shares Outstanding: 62,303,967
• 10 Day Avg. Volume: 17,015
• 30 Day Avg. Volume: 5,672
• PEG Ratio: <0.01
• Price to Book (P/B): 1.04
• Price to Sales (P/S): 1.54
• P/FCF Ratio: -9.02
• 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: 46 Neutral
• Price Target: AU$0.19 ▼(-2.11% Downside)

The overall stock score is primarily influenced by significant financial performance challenges, including high leverage and negative profitability. The technical analysis suggests the stock is overbought, which could lead to a price correction. Valuation is weak due to negative earnings and lack of dividends.

Positive Factors

Revenue Growth

Sustained high revenue growth reflects expanding client adoption and service penetration across advisory, asset management and corporate finance. Over 2-6 months this growth supports scaling economics, improves bargaining power with partners and underpins longer-term top-line resilience.

Operational Efficiency (Margins)

Exceptionally strong EBIT/EBITDA margins indicate a highly efficient operating model and low incremental cost to add revenues. This structural margin advantage supports profitability once non-operating items are addressed and enables competitive pricing and reinvestment into growth initiatives.

Diversified Revenue Streams & Partnerships

A multi-pronged revenue model across advisory, asset management and corporate finance plus partnerships reduces concentration risk and creates multiple growth channels. This structural diversification supports steadier revenue and cross-sell opportunities over the medium term.

Negative Factors

High Financial Leverage

A debt-to-equity ratio this elevated materially raises solvency and refinancing risk, narrows strategic flexibility and magnifies earnings volatility. Over several months high leverage can limit investment, increase interest burden and constrain ability to withstand market stress.

Negative Net Profitability

Persistent negative net margins and a negative return on equity show the business is not converting operating strength into retained profits. This undermines capital accumulation and raises dependence on external funding, weakening long-term sustainability if unaddressed.

Weak Operating Cash Flow

Negative operating cash flow and a steep decline in free cash flow growth signal liquidity strain and limited internal funding for growth or debt servicing. Even with some alignment to net income, continued cash deterioration risks financing needs and operational continuity.

Finexia Financial Group Ltd Business Overview & Revenue Model

Company Description

Finexia Financial Group Limited provides funds management and broker trading services in Australia. The company operates through Finexia Securities, Finexia Plus, and FNX segments. It offers stock market trading and advisory services, including shares, options, and CFDs trading services; commercial lending services comprising project and development financing, distressed workouts, and strategic corporate advice; funds management, such as alternative investment opportunities; financial adviser licensing services; and corporate advisory services, including IPOs, capital raises, placements, corporate restructuring, and wholesale funding lines, as well as SMSF administration and investor education services. The company was formerly known as Mejority Capital Limited and changed its name to Finexia Financial Group Limited in September 2020. Finexia Financial Group Limited was incorporated in 2003 and is headquartered in Sydney, Australia.

How the Company Makes Money

Finexia Financial Group Ltd generates revenue through multiple streams including fees from investment advisory services, commissions from asset management, and performance-based fees on managed funds. The company also earns income through corporate finance activities such as mergers and acquisitions, capital raising, and advisory services. Strategic partnerships with financial institutions and technology providers enable FNX to enhance its service offerings and operational efficiency, further contributing to its overall earnings.

Finexia Financial Group Ltd Financial Statement Overview

Summary

Finexia Financial Group Ltd shows strong revenue growth and operational efficiency, but faces significant challenges in profitability and cash flow management. The high leverage and negative return on equity highlight potential financial risks.

Income Statement

Finexia Financial Group Ltd has demonstrated strong revenue growth with a 33.48% increase in the latest year. However, the company is facing challenges with profitability, as indicated by a negative net profit margin of -29.34%. The EBIT and EBITDA margins are robust at 83.71% and 93.05%, respectively, suggesting operational efficiency despite the net losses.

Balance Sheet

The company exhibits a high debt-to-equity ratio of 8.30, indicating significant leverage, which could pose financial risks. The return on equity is negative at -19.86%, reflecting current profitability challenges. The equity ratio stands at 10.46%, suggesting a lower proportion of equity financing relative to total assets.

Cash Flow

Finexia Financial Group Ltd is experiencing negative operating cash flow, which is a concern for liquidity. The free cash flow growth rate is also negative at -120.60%, indicating cash flow challenges. However, the free cash flow to net income ratio is slightly positive at 1.01, suggesting some alignment between cash flow and accounting profits.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	10.67M	10.67M	16.17M	14.22M	10.23M	2.07M
Gross Profit	10.67M	10.67M	7.60M	13.62M	7.16M	4.55M
EBITDA	18.63M	9.93M	8.99M	9.62M	6.26M	1.30M
Net Income	-3.13M	-3.13M	70.49K	3.21M	3.29M	1.27M
Balance Sheet
Total Assets	150.73M	150.73M	112.84M	77.82M	53.08M	24.16M
Cash, Cash Equivalents and Short-Term Investments	8.64M	8.64M	46.83M	46.16M	13.60M	4.49M
Total Debt	130.76M	130.76M	92.67M	58.14M	41.53M	17.26M
Total Liabilities	134.96M	134.96M	96.64M	61.10M	44.24M	19.00M
Stockholders Equity	15.76M	15.76M	16.20M	16.72M	8.84M	5.16M
Cash Flow
Free Cash Flow	-1.82M	-1.82M	2.28M	1.35M	4.62M	301.77K
Operating Cash Flow	-1.81M	-1.81M	2.71M	1.38M	4.62M	350.20K
Investing Cash Flow	-15.14K	-15.14K	-435.22K	-946.40K	-3.49M	953.95K
Financing Cash Flow	3.63M	3.63M	-1.19M	2.59M	129.15K	-213.32K

Finexia Financial Group Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.19
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FNX, the sentiment is Positive. The current price of 0.19 is above the 20-day moving average (MA) of 0.19, above the 50-day MA of 0.17, and below the 200-day MA of 0.21, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 91.83 is Negative, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:FNX.

Finexia Financial Group Ltd 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%
OFX	60 Neutral	AU$117.01M	7.07	9.31%	―	-5.73%	-36.36%
COG	55 Neutral	AU$436.43M	20.62	12.36%	2.86%	-26.30%	40.12%
RZI	53 Neutral	€85.37M	-130.65	-0.15%	―	5.03%	52.31%
PPS	50 Neutral	AU$387.52M	27.92	12.27%	2.81%	24.56%	59.32%
FNX	46 Neutral	AU$11.84M	-2.27	-34.88%	―	43.00%	-6078.57%
ABE	41 Neutral	AU$3.96M	-0.72	-444.41%	―	-37.25%	27.45%

Finexia Financial Group Ltd Corporate Events

Finexia Director Neil Sheather Increases Indirect Shareholding via On-Market Purchase

Finexia Financial Group Ltd has disclosed a change in director Neil Sheather’s indirect interests in the company’s shares. Through entity Sage Fortunes Pty Ltd, Sheather acquired 41,398 fully paid ordinary shares in an on-market trade at A$0.18 per share, increasing that holding to 1,832,241 shares while his other indirect holdings via Eastern Words Pty Ltd and Michelle Sheather remain unchanged. The transaction modestly lifts Sheather’s overall equity exposure to Finexia, signalling continued alignment of the director’s interests with those of shareholders, and updates the market on board-level ownership in accordance with ASX disclosure requirements.

The most recent analyst rating on (AU:FNX) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Finexia Financial Group Ltd stock, see the AU:FNX Stock Forecast page.

Finexia Financial Group Director Increases Shareholding

Finexia Financial Group Ltd announced a change in the director’s interest, with Neil Sheather acquiring additional shares through indirect interest. The acquisition involved 14,108 shares at a price of A$0.180000 per share, reflecting a strategic move to increase holdings in the company. This change in shareholding may indicate confidence in the company’s future prospects and could impact investor perceptions positively.

The most recent analyst rating on (AU:FNX) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Finexia Financial Group Ltd stock, see the AU:FNX Stock Forecast page.

Finexia Financial Group Relocates Offices for Strategic Growth

Finexia Financial Group Limited has announced a change in its registered office and principal place of business, effective immediately. This strategic move is part of the company’s ongoing efforts to enhance its operational efficiency and better position itself within the financial services industry.

The most recent analyst rating on (AU:FNX) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Finexia Financial Group Ltd stock, see the AU:FNX Stock Forecast page.

Finexia Financial Group’s AGM Resolutions Passed with Strong Shareholder Support

Finexia Financial Group Limited announced the results of its 2025 Annual General Meeting, where all resolutions were passed by poll. The meeting included the adoption of the Remuneration Report and the re-election of Daniel Ritchie as Director, indicating strong support from shareholders for the company’s current management and strategic direction.

Finexia Faces Challenges Amidst Record Revenue in 2025

Finexia Financial Group Limited faced a challenging 2025 financial year, marked by a record revenue of $23.8 million but overshadowed by significant operational setbacks. The company dealt with a major borrower’s default, leading to the establishment of a recovery platform for its Childcare Income Fund, and implemented a series of governance and financial oversight improvements. Despite reporting a net loss of $6.20 million, Finexia’s core private credit strategy showed positive growth, with loan assets nearly doubling. Leadership changes, including the return of Neil Sheather as CEO, aim to stabilize operations and restore stakeholder confidence.

Finexia Financial Group Announces Change in Director’s Interest

Finexia Financial Group Limited announced a change in the director’s interest, specifically concerning Robert Spano. The change involved the expiration of 1,666,667 unlisted options held indirectly through RLS Network Holdings Pty Ltd ATF Spano IMA Trust, with no consideration involved. This adjustment reflects a reduction in the director’s indirect holdings, potentially impacting the company’s governance dynamics and signaling a shift in the director’s investment strategy.

Finexia Financial Group Updates Director’s Interest in Securities

Finexia Financial Group Limited announced a change in the director’s interest, as Daniel Blackwood Ritchie disposed of 1,666,667 unlisted options that were exercisable at $0.30 per share, which expired on November 19, 2025. This change leaves Ritchie with no direct interest in these securities, though he retains an indirect interest through Factory Capital GP Ltd. The announcement reflects a routine update in the company’s governance and does not involve any financial consideration, suggesting a neutral impact on the company’s operations and market positioning.

Finexia Financial Group Adjusts Capital Structure with Security Cessation

Finexia Financial Group Ltd announced the cessation of 5,000,001 securities due to the expiry of options without exercise or conversion as of November 19, 2025. This cessation reflects a routine adjustment in the company’s capital structure, which may impact stakeholders by altering the available securities and potentially influencing market perceptions of the company’s financial strategies.

Finexia Financial Group Announces Director’s Interest Change

Finexia Financial Group Ltd has announced a change in the director’s interest, specifically involving Neil Sheather. The change reflects an acquisition of 144,493 fully paid ordinary shares valued at $18,524.95, resulting in a new total of 1,776,735 shares held indirectly. This transaction, conducted on-market, signifies a strategic move in the company’s governance and could impact stakeholders by potentially altering the director’s influence and decision-making capacity within the company.

Finexia Financial Group Resumes Trading on ASX

Finexia Financial Group Limited, listed on the Australian Securities Exchange under the ticker FNX, has announced that the suspension of its trading securities will be lifted. This follows the company’s release of an announcement addressing recent media speculation, allowing for the reinstatement of its securities to quotation.

Finexia Financial Group Clarifies Transaction Speculation and Seeks ASX Reinstatement

Finexia Financial Group Limited has addressed recent media speculation regarding a potential reverse listing transaction with Salter Brothers, clarifying that discussions were preliminary and have now ceased. The company confirms it is not engaged in any negotiations for such a transaction and seeks the reinstatement of its securities on the ASX, maintaining its commitment to continuous disclosure obligations.

Finexia Financial Group Announces 2025 Annual General Meeting

Finexia Financial Group Limited has announced its Annual General Meeting (AGM) scheduled for November 26, 2025, at Aurora Place in Sydney. The company emphasizes the importance of shareholder participation and provides multiple methods for submitting proxy votes. Shareholders are encouraged to monitor the company’s website and ASX announcements for any updates regarding the meeting.

Finexia Financial Group Ltd Releases Corporate Governance Statement for FY 2025

Finexia Financial Group Ltd has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, confirming that the company has followed these guidelines throughout the reporting period. This disclosure is part of the company’s commitment to transparency and accountability, which is crucial for maintaining stakeholder trust and ensuring robust governance practices.

Finexia Financial Group Ltd Releases 2025 Annual Report

Finexia Financial Group Ltd has released its annual report for the year ending June 30, 2025. The report includes detailed financial statements and disclosures, reflecting the company’s financial performance and position. This release is crucial for stakeholders to assess Finexia’s operational health and strategic direction in the competitive financial services market.

Finexia Financial Group Reports Increased Impairment and Loss for FY25

Finexia Financial Group Limited has announced an additional impairment adjustment of $2.2 million to its investment in The Stay Company Income Fund, bringing the total impairment for FY25 to over $6.2 million. This adjustment increases the company’s reported loss before tax for the fiscal year to $6.8 million, highlighting significant financial challenges. Additionally, the company has written down a receivable related to Dragonfly Biosciences by $543,039 due to recovery doubts, impacting the financial position as reported in the 2025 Annual Report.