Hydrix Limited (AU:HYD)
ASX:HYD
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Hydrix Limited
(Sydney:HYD)
Select Model
Select Model
Rating:41Neutral
Price Target:
AU$0.01
▲(20.00% Upside)
Action:Upgraded
Date:05/20/26
The score is primarily held down by weak financial performance: ongoing losses, persistent negative operating/free cash flow, and negative shareholder equity. Technicals provide only mild support (small positive MACD and price above short-term averages), while valuation is constrained by negative earnings and no stated dividend yield.
Positive Factors
Specialized medtech engineering & regulatory services
Hydrix’s core business is high-value engineering and regulatory services for medical devices. These capabilities create durable client stickiness across long device development cycles, support recurring regulatory/maintenance revenue, and raise barriers to entry versus generalist engineering firms.
Negative Factors
Consistent operating losses and negative operating cash flow
Persistent operating losses and negative operating cash flow across years signal the business is not yet self-sustaining. Continued negative cash generation forces reliance on external capital, constrains reinvestment in growth, and raises the risk of dilution or restructurings.
Read all positive and negative factors
Positive Factors
Negative Factors
Specialized medtech engineering & regulatory services
Hydrix’s core business is high-value engineering and regulatory services for medical devices. These capabilities create durable client stickiness across long device development cycles, support recurring regulatory/maintenance revenue, and raise barriers to entry versus generalist engineering firms.
Read all positive factors
Hydrix Limited (HYD) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$34.37M
Dividend YieldN/A
Average Volume (3M)316.59K
Price to Earnings (P/E)―
Beta (1Y)0.78
Revenue Growth-9.40%
EPS Growth21.19%
CountryAU
Employees55
SectorTechnology
Sector Strength88
IndustryHardware, Equipment & Parts
Share Statistics
EPS (TTM)-0.02
Shares Outstanding1,909,382,000
10 Day Avg. Volume341,547
30 Day Avg. Volume316,588
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)-0.55
Price to Sales (P/S)0.33
P/FCF Ratio-6.17
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)AU$22.21M
Hydrix Limited Business Overview & Revenue Model
Company Description
Hydrix Limited provides product design, engineering, and regulatory services in Australia, Singapore, Europe, North America, and internationally. It operates through two segments: Hydrix Services and Hydrix Medical. It provides cardiovascular prod...
How the Company Makes Money
Hydrix Limited generates revenue through a combination of engineering design consulting services and the sale of advanced medical devices. The company earns income by offering its design and development expertise to clients who require specialized...
Hydrix Limited Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
18
Very Negative
Cash Flow
22
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.33M | 10.09M | 10.61M | 13.16M | 10.33M | 7.45M |
| Gross Profit | 3.93M | 9.53M | 9.79M | -638.73K | -3.31M | -6.46M |
| EBITDA | -2.43M | -1.40M | -7.92M | 1.30M | -4.05M | -6.34M |
| Net Income | -4.62M | -2.92M | -9.56M | -396.93K | -5.55M | -9.78M |
Balance Sheet | ||||||
| Total Assets | 6.61M | 8.35M | 8.62M | 14.58M | 15.94M | 19.38M |
| Cash, Cash Equivalents and Short-Term Investments | 584.18K | 297.88K | 914.27K | 1.15M | 1.94M | 6.65M |
| Total Debt | 10.33M | 7.98M | 7.61M | 4.73M | 5.40M | 5.97M |
| Total Liabilities | 15.72M | 14.39M | 11.98M | 8.22M | 12.66M | 13.67M |
| Stockholders Equity | -9.10M | -6.04M | -3.36M | 6.35M | 3.28M | 5.71M |
Cash Flow | ||||||
| Free Cash Flow | -1.30M | -535.13K | -1.91M | -3.32M | -6.75M | -3.35M |
| Operating Cash Flow | -1.29M | -527.01K | -1.89M | -3.12M | -6.58M | -2.86M |
| Investing Cash Flow | -30.84K | -54.20K | -53.43K | -209.71K | -306.65K | -641.56K |
| Financing Cash Flow | 980.73K | -36.31K | 1.71M | 2.16M | 1.72M | 7.53M |
Hydrix Limited Technical Analysis
Positive
0.01
Price Trends
Market Momentum
<0.01
Positive
100.00
Negative
82.44
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:HYD, the sentiment is Positive. The current price of 0.01 is equal to the 20-day moving average (MA) of ―, equal to the 50-day MA of ―, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 100.00 is Negative, neither overbought nor oversold. The STOCH value of 82.44 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:HYD.
Hydrix Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
50 Neutral | AU$5.01M | 0.92 | 26.81% | ― | -17.34% | ― | |
43 Neutral | AU$45.98M | -2.36 | -102.57% | ― | -25.87% | -150.00% | |
43 Neutral | AU$15.53M | -2.00 | 227.23% | ― | 4.08% | -6.25% | |
42 Neutral | AU$3.89M | -0.75 | -53.27% | ― | 5.00% | -1714.29% | |
41 Neutral | AU$34.37M | -0.35 | 61.09% | ― | -9.40% | 21.19% | |
41 Neutral | AU$5.92M | -0.53 | 209.30% | ― | -13.81% | -37.77% |
* Technology Sector Average
AU:HYD
Hydrix Limited
0.02
<0.01
80.00%
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0.01
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0.03
280.00%
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0.06
0.02
70.59%
AU:SIS
Simble Solutions Ltd.
―
―
―
AU:KNO
Knosys Ltd.
0.02
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-45.45%
Hydrix Limited Corporate Events
Hydrix posts strongest quarterly revenue in a year as services growth narrows cash loss
Apr 29, 2026
Hydrix Limited reported its strongest quarterly revenue in 12 months, with Hydrix Services generating $2.7 million in the March quarter, up 17% on the prior quarter and 15% on the previous corresponding period. The company also secured $3.9 millio...
Hydrix Swings to Deeper Half-Year Loss as Project Timing Hits Revenue
Feb 27, 2026
Hydrix Limited reported a 14% decline in half-year revenues to $4.84 million for the period ended 31 December 2025, reflecting delays in new client project starts and the completion of existing development programs. The company does not plan to pa...
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.