hipages Group Holdings Ltd. (HPG) AI Stock Analysis

• Market Cap: AU$109.25M
• Dividend Yield: N/A
• Average Volume (3M): 44.77K
• Price to Earnings (P/E): 45.7
• Beta (1Y): 0.47
• Revenue Growth: 12.54%
• EPS Growth: N/A
• Country: AU
• Employees: N/A
• Sector: Technology
• Sector Strength: 78
• Industry: Software - Application
• EPS (TTM): 0.00
• Shares Outstanding: 134,045,380
• 10 Day Avg. Volume: 48,116
• 30 Day Avg. Volume: 44,770
• PEG Ratio: -0.04
• Price to Book (P/B): 2.90
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -394.58
• 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: AU$1.50
• Price Target Upside: 82.93% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 53 Neutral
• Price Target: AU$1.00 ▲(21.95%Upside)

The overall stock score is primarily influenced by strong financial recovery, highlighted by improved profitability and cash flow generation. However, significant technical weaknesses and unappealing valuation metrics pull the overall score down, suggesting caution.

hipages Group Holdings Ltd. Business Overview & Revenue Model

Company Description

hipages Group Holdings Ltd. (HPG) is an Australian-based technology company that operates within the home improvement and trade services sectors. The company provides an online platform that connects consumers with local trusted tradespeople, enabling users to find, hire, and manage tradespeople for various projects and services. The core services of hipages include job posting, quote comparison, and a comprehensive directory of tradespeople available for hire.

How the Company Makes Money

hipages Group Holdings Ltd. generates revenue primarily through a subscription-based model and service fees. Tradespeople and service providers can subscribe to the platform, paying a recurring fee for access to job leads and the ability to connect with potential clients. Additionally, hipages may charge service fees or commission on transactions facilitated through the platform. The company benefits from a large user base, which enhances its attractiveness to tradespeople seeking more business. Key partnerships with industry stakeholders and robust digital marketing efforts also contribute to the company's financial performance.

hipages Group Holdings Ltd. Financial Statement Overview

Summary

hipages Group Holdings Ltd. demonstrates a strong financial recovery with improved profitability, stable balance sheet, and robust cash flow generation. Despite a history of volatility, the company has shown resilience with its recent financial performance, indicating a positive outlook.

Income Statement

The income statement shows a strong recovery with significant revenue growth of 14.27% from 2023 to 2024, indicating a positive trajectory. Gross profit margin has improved to 61.64% in 2024 from negative figures in previous years, and net profit margin stands at 4.73% in 2024, marking a return to profitability. However, past volatility in profitability remains a concern.

Balance Sheet

The balance sheet reflects a solid equity base with an equity ratio of 60.73% in 2024, indicating financial stability. The debt-to-equity ratio decreased to 0.25 in 2024, showing reduced leverage. Return on equity improved to 9.19% in 2024, yet previous years show inconsistency in financial performance.

Cash Flow

Cash flow analysis reveals robust free cash flow growth, turning from negative in 2023 to positive in 2024, driven by strong operating cash flows. The operating cash flow to net income ratio is 5.42 in 2024, suggesting efficient cash generation. However, fluctuations in past cash flows highlight potential cash management challenges.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
79.00M	75.31M	65.89M	60.66M	54.39M	46.94M
	Gross Profit
47.77M	46.44M	-3.31M	-1.56M	649.00K	-1.50M
	EBIT
3.25M	3.30M	-3.31M	993.00K	-2.27M	-1.50M
	EBITDA
2.87M	20.45M	9.60M	10.20M	5.87M	7.83M
	Net Income Common Stockholders
-69.00K	3.56M	-5.14M	-910.00K	-6.20M	-6.46M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
22.97M	21.27M	10.73M	10.91M	30.30M	31.79M
	Total Assets
64.65M	63.81M	62.22M	67.76M	57.28M	56.05M
	Total Debt
9.84M	9.70M	11.71M	13.85M	8.58M	106.00K
	Net Debt
-11.36M	-10.42M	985.00K	2.94M	-21.72M	-31.68M
	Total Liabilities
24.95M	25.05M	28.02M	30.66M	21.54M	22.17M
	Stockholders Equity
39.70M	38.76M	34.20M	37.10M	35.74M	33.88M
Cash Flow		Free Cash Flow
19.38M	19.13M	-251.00K	-564.00K	-312.00K	3.21M
	Operating Cash Flow
19.67M	19.31M	15.70M	12.59M	6.86M	10.07M
	Investing Cash Flow
-14.60M	-5.29M	-15.50M	-28.67M	-7.14M	-5.72M
	Financing Cash Flow
-1.77M	-2.44M	-2.58M	-3.28M	21.76M	-812.00K

hipages Group Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.82
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:HPG, the sentiment is Negative. The current price of 0.82 is below the 20-day moving average (MA) of 0.84, below the 50-day MA of 0.90, and below the 200-day MA of 1.14, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 36.97 is Neutral, neither overbought nor oversold. The STOCH value of 57.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:HPG.

hipages Group Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WTC	78 Outperform	AU$35.06B	114.31	13.73%	0.20%	19.03%	37.24%
CAR	71 Outperform	€13.58B	52.90	8.51%	2.32%	17.01%	-26.92%
DHG	68 Neutral	AU$2.75B	51.17	4.88%	0.92%	12.43%	47.92%
REA	63 Neutral	$30.71B	49.75	37.91%	0.59%	20.28%	118.95%
Sector *	62 Neutral	$11.80B	10.08	-7.46%	2.99%	7.37%	-8.21%
SEK	54 Neutral	$8.42B	1,299.45	1.71%	2.03%	-14.38%	-92.03%
HPG	53 Neutral	AU$109.25M	45.69	-0.18%	―	12.54%	―

hipages Group Holdings Ltd. Corporate Events

hipages Group Holdings Ltd Issues Unquoted Securities Under Employee Incentive Scheme

hipages Group Holdings Ltd announced the issuance of 2,668 unquoted securities under an employee incentive scheme, which are subject to transfer restrictions and will not be quoted on the ASX until these restrictions are lifted. This move is part of the company’s strategy to incentivize employees, potentially impacting its operational dynamics and aligning employee interests with corporate goals.

The most recent analyst rating on (AU:HPG) stock is a Buy with a A$1.60 price target. To see the full list of analyst forecasts on hipages Group Holdings Ltd. stock, see the AU:HPG Stock Forecast page.

hipages Group Announces Registry Office Relocation

hipages Group Holdings Ltd, a leading platform in Australia and New Zealand for connecting homeowners and tradies, has announced a change in the address of its registry office. Effective from April 14, 2025, the registry office of MUFG Corporate Markets (AU) Limited will move to a new location in Sydney. This change is part of the company’s compliance with ASX Listing Rule 3.15.1 and is not expected to impact the company’s operations or stakeholder relations, as telephone numbers and postal addresses remain unchanged.

Hipages Group Holdings Ltd Announces Cessation of Securities

Hipages Group Holdings Ltd announced the cessation of 214,123 securities due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This announcement may impact the company’s capital structure and could have implications for stakeholders, reflecting the company’s ongoing adjustments to its financial and operational strategies.

hipages Group Reports Record Revenue Growth Amid Strategic Pricing Shift

hipages Group Holdings Ltd. has reported a significant increase in its Monthly Recurring Revenue (MRR), driven by the implementation of a higher value subscription plan and dynamic pricing strategies. The company plans to migrate 35% of its customers to these new plans by October 2025, which is expected to further boost revenue. This strategic shift is supported by strong marketplace activity and a post-COVID home improvement boom, positioning hipages for continued growth and enhanced market presence.