Flexiroam Ltd (AU:FRX)
ASX:FRX
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Flexiroam Ltd
(Sydney:FRX)
Select Model
Select Model
Rating:44Neutral
Price Target:
AU$0.02
▼(-20.00% Downside)
Action:Reiterated
Date:12/19/25
Flexiroam Ltd's overall stock score is primarily impacted by its weak financial performance, characterized by declining revenues and profitability. While there is some positive short-term technical momentum, the valuation remains unattractive due to negative earnings and no dividend yield.
Positive Factors
Platform-based eSIM & roaming products
Owning eSIM/SIM products and an enabling platform creates durable product differentiation and recurring revenue potential. Platform capabilities support scale across users and partners, lower marginal costs for distribution, and make it easier to extend services or bundle to enterprise clients over months.
Negative Factors
Declining revenue and negative margins
A steep, sustained revenue decline and persistent negative operating margins undermine unit economics and scale benefits. Without revenue stabilization, investments in product and partner expansion become harder to justify and profitability may remain out of reach for several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Platform-based eSIM & roaming products
Owning eSIM/SIM products and an enabling platform creates durable product differentiation and recurring revenue potential. Platform capabilities support scale across users and partners, lower marginal costs for distribution, and make it easier to extend services or bundle to enterprise clients over months.
Read all positive factors
Flexiroam Ltd (FRX) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$25.78M
Dividend YieldN/A
Average Volume (3M)208.46K
Price to Earnings (P/E)―
Beta (1Y)0.46
Revenue Growth-22.41%
EPS GrowthN/A
CountryAU
Employees50
SectorCommunication Services
Sector Strength97
IndustryTelecommunications Services
Share Statistics
EPS (TTM)<0.01
Shares Outstanding1,516,718,000
10 Day Avg. Volume24,470
30 Day Avg. Volume208,457
Financial Highlights & Ratios
PEG Ratio-0.14
Price to Book (P/B)2.16
Price to Sales (P/S)0.40
P/FCF Ratio-1.74
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Flexiroam Ltd Business Overview & Revenue Model
Company Description
Flexiroam Limited operates globally, specializing in telecommunications and Internet of Things (IoT) connectivity solutions. The company offers cellular data plans and international coverage accessible via its proprietary Flexiroam app for mobile ...
How the Company Makes Money
Flexiroam makes money primarily by selling mobile data roaming connectivity and related services. Key revenue streams include: (1) Retail (B2C) roaming data sales: customers purchase prepaid or pay-as-you-go international data bundles (often deliv...
Flexiroam Ltd Financial Statement Overview
Summary
Income Statement
35
Negative
Balance Sheet
40
Negative
Cash Flow
30
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 14.93M | 13.58M | 15.27M | 2.76M | 3.67M | 2.52M |
| Gross Profit | 6.82M | 8.04M | 6.47M | 1.45M | 1.48M | -986.37K |
| EBITDA | 3.96M | 593.93K | 1.26M | 3.28M | -4.00M | -2.34M |
| Net Income | 1.61M | -2.00M | -1.06M | 3.00M | -4.19M | -2.39M |
Balance Sheet | ||||||
| Total Assets | 9.21M | 7.94M | 7.11M | 7.09M | 4.71M | 3.41M |
| Cash, Cash Equivalents and Short-Term Investments | 3.21M | 1.64M | 492.84K | 1.30M | 4.21M | 2.81M |
| Total Debt | 854.30K | 808.93K | 400.00K | 0.00 | 0.00 | 3.43K |
| Total Liabilities | 5.02M | 5.46M | 7.20M | 8.21M | 6.71M | 6.79M |
| Stockholders Equity | 4.19M | 2.49M | -80.75K | -1.12M | -1.99M | -3.38M |
Cash Flow | ||||||
| Free Cash Flow | -1.48M | -3.09M | -3.02M | -1.91M | -61.30K | -538.52K |
| Operating Cash Flow | -1.48M | -3.08M | -1.06M | -1.62M | 16.96K | -538.52K |
| Investing Cash Flow | -425.47K | -637.03K | -1.95M | -291.90K | -78.26K | 2.33K |
| Financing Cash Flow | 4.30M | 4.98M | 2.30M | -69.00 | 4.25M | 2.89M |
Flexiroam Ltd Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
46 Neutral | AU$6.93M | -2.50 | -14.37% | ― | 8.86% | 58.02% | |
46 Neutral | AU$5.17M | -8.06 | -9.80% | ― | -6.48% | 78.95% | |
45 Neutral | AU$7.36M | -10.18 | 108.60% | ― | 180.00% | 63.04% | |
44 Neutral | AU$25.78M | -53.38 | -26.59% | ― | -22.41% | ― |
* Communication Services Sector Average
AU:FRX
Flexiroam Ltd
0.02
<0.01
54.55%
AU:NOR
Norwood Systems Ltd
0.01
>-0.01
-35.00%
AU:5GG
Pentanet Ltd
0.02
>-0.01
-30.43%
AU:HFY
Hubify Ltd.
0.01
0.00
0.00%
Flexiroam Ltd Corporate Events
FlexiRoam appoints PKF Brisbane Audit Pty Ltd as new auditor after firm restructuring
May 25, 2026
FlexiRoam has announced a change of auditor, appointing PKF Brisbane Audit Pty Ltd as its new external auditor following the resignation of the PKF Brisbane Audit partnership, a move linked to an internal restructuring of PKF’s audit practic...
FlexiRoam seals Tune Protect deal to embed mobile data in travel insurance
May 10, 2026
FlexiRoam has signed a commercial partnership with White Label Sdn. Bhd., an insurtech arm of Tune Protect Group, to bundle its mobile data as a standard benefit in all eligible preset travel insurance policies. Under the agreement, FlexiRoam̵...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.