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Frugl Group Limited
(Sydney:IFG)
Frugl Group Limited (IFG) vs. iShares MSCI Australia ETF (EWA)
Frugl Group Limited Business Overview & Revenue Model
Frugl Group Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 4.43M | 4.43M | 796.60K | 162.26K | 142.83K |
| Gross Profit | -1.11M | -1.11M | 688.48K | 162.26K | 142.83K |
| EBITDA | -3.26M | -3.26M | -2.86M | -2.20M | -2.23M |
| Net Income | -3.86M | -3.86M | -3.11M | -2.28M | -2.24M |
Balance Sheet | |||||
| Total Assets | 6.51M | 6.51M | 4.91M | 1.42M | 226.61K |
| Cash, Cash Equivalents and Short-Term Investments | 552.83K | 552.83K | 652.91K | 1.30M | 73.81K |
| Total Debt | 1.99M | 1.99M | 1.47M | 0.00 | 700.00K |
| Total Liabilities | 4.16M | 4.16M | 2.36M | 421.39K | 1.05M |
| Stockholders Equity | 2.36M | 2.36M | 2.54M | 998.62K | -824.38K |
Cash Flow | |||||
| Free Cash Flow | -1.07M | -1.07M | -2.76M | -2.05M | -1.93M |
| Operating Cash Flow | -796.19K | -796.19K | 0.00 | 0.00 | 0.00 |
| Investing Cash Flow | -776.77K | -776.77K | -69.64K | 0.00 | -10.16K |
| Financing Cash Flow | 1.45M | 1.45M | 1.97M | 3.28M | 1.75M |
Frugl Group Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | AU$3.65M | 4.31 | 62.59% | 55.56% | -5.51% | 38.41% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
45 Neutral | AU$12.59M | -5.25 | -22.53% | ― | ― | ― | |
44 Neutral | AU$37.92M | -10.42 | -166.02% | ― | -11.11% | -71.43% | |
43 Neutral | AU$5.37M | -0.49 | -152.17% | ― | ― | ― | |
42 Neutral | AU$5.11M | -6.25 | -11.62% | ― | -9.44% | 83.16% | |
40 Underperform | AU$19.09M | -110.00 | ― | ― | -12.90% | 87.50% |
Frugl Group Limited Corporate Events
In its Q2 FY2026 update, InFocus detailed a strategic realignment built around two new business units: InFocus Digital Ventures, which consolidates its cryptocurrency and digital asset initiatives and holds a significant position in the Monochrome Bitcoin ETF pending deployment into projects, and InFocus Gaming Technologies, which is tasked with expanding the company’s footprint in global iGaming through the development and licensing of gaming platforms and payment technologies. The company also strengthened governance by appointing high-profile industry figures John Poynton and Leon Sing Foong to a new Strategic Advisory Board, restructured its operational team to better service longer-term, higher-value enterprise and institutional contracts, and bolstered its balance sheet with $3.5 million in convertible note funding, leaving it well-capitalised to pursue disciplined growth across digital assets, iGaming and enterprise software solutions.
The most recent analyst rating on (AU:IFG) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Frugl Group Limited stock, see the AU:IFG Stock Forecast page.
InFocus Group Holdings Limited has notified the market of the issue of 670,000 unquoted convertible notes under the ASX code IFGAF, effective 15 January 2026. The securities form part of a previously announced transaction and are not quoted, and are not intended to be quoted, on the ASX, indicating the company is utilising convertible debt-style instruments in its capital structure, with potential implications for future equity if these notes are converted.
The most recent analyst rating on (AU:IFG) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Frugl Group Limited stock, see the AU:IFG Stock Forecast page.
InFocus Group Holdings Limited has issued 670,000 new convertible notes to raise approximately USD 670,000 (about AUD 1 million) in additional working capital, primarily to support its expanding software solutions operations in Thailand and its strategic moves into iGaming. The board selected this funding arrangement with Obsidian Global Partners due to its relatively low cost, conversion premium to the prevailing share price, and lower potential dilution compared with alternative financing options, and the notes were issued with shareholder approval under ASX Listing Rule 7.1, increasing the company’s secured liabilities but preserving placement capacity and enabling future conversion into shares without further disclosure to retail investors.
The most recent analyst rating on (AU:IFG) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Frugl Group Limited stock, see the AU:IFG Stock Forecast page.
InFocus Group Holdings Limited, a data intelligence and software solutions provider, has expanded its operations across analytics, grocery price comparison, software consulting, digital assets and iGaming, positioning itself as an enterprise-scale technology partner with expertise spanning AI, cybersecurity and platform development.
At its Extraordinary General Meeting on 8 January 2026, shareholders of InFocus overwhelmingly approved all resolutions by poll, including the issue of additional convertible notes and the approval and ratification of share issues to investor Obsidian, cementing support for the company’s current funding arrangements and providing financial backing for its ongoing growth and expansion initiatives.
The most recent analyst rating on (AU:IFG) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Frugl Group Limited stock, see the AU:IFG Stock Forecast page.
InfoCUS Group Holdings Limited, listed on the ASX under code IFG, has reported a change to its capital structure involving listed options attached to the company’s securities. The business has not provided additional details in this notice about its core operations, products or markets.
The company announced that 16,683,335 IFGAA options, which carried an exercise price of $0.15 and were due to expire on 31 December 2025, have lapsed unexercised following their expiry. This cessation slightly simplifies the company’s capital structure by removing a class of potential equity, which may have implications for future dilution expectations but does not immediately alter the number of ordinary shares on issue.
The most recent analyst rating on (AU:IFG) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Frugl Group Limited stock, see the AU:IFG Stock Forecast page.
InFocus Group Holdings Limited has notified the market of the issue of 2,500 unquoted convertible notes and 83,333,250 unquoted options exercisable at $0.03 and expiring on 31 December 2026, all recorded as issued on 31 December 2025. These securities, which form part of previously announced transactions and are not intended to be quoted on the ASX, underscore the company’s ongoing use of structured capital instruments to support its funding and incentive arrangements, with potential implications for future capital structure and dilution for existing shareholders.
The most recent analyst rating on (AU:IFG) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Frugl Group Limited stock, see the AU:IFG Stock Forecast page.
InFocus Group Holdings Limited has announced an Extraordinary General Meeting scheduled for January 8, 2026, to discuss company matters with shareholders. This meeting reflects the company’s ongoing efforts to engage with stakeholders and potentially discuss strategic directions that may impact its operations and market positioning.
InFocus Group Holdings Limited announced the issuance of 35,565,722 shares without disclosure under the Corporations Act, ensuring compliance with relevant legal provisions. This strategic move is part of the company’s ongoing efforts to strengthen its market position and expand its operational capabilities across various sectors, potentially impacting stakeholders by enhancing its enterprise-scale offerings.
Infocus Group Holdings Limited has announced the quotation of 9,470,146 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code IFG. This move is part of previously announced transactions and marks a significant step in the company’s efforts to enhance its market presence and liquidity, potentially impacting its stakeholders positively by increasing the accessibility and tradability of its shares.
Infocus Group Holdings Limited has announced a new application for the quotation of securities on the Australian Securities Exchange (ASX). The company will be quoting 1,095,576 ordinary fully paid securities, with the issue date set for December 4, 2025. This move, as outlined in the Notice of Annual General Meeting, signifies an expansion in the company’s financial activities and could potentially enhance its market presence and stakeholder value.
Infocus Group Holdings Limited has announced a new application for the quotation of 25,000,000 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of a transaction or transactions previously announced to the market, indicating a strategic effort to enhance liquidity and potentially broaden its investor base.
InFocus Group Holdings Limited announced the successful passage of all resolutions at its Annual General Meeting, indicating strong shareholder support. The resolutions included the election of directors, ratification of share issues, and approval of convertible notes and options, which are expected to bolster the company’s strategic initiatives and enhance its market position.
InFocus Group Holdings Limited announced the issuance of 1,818,182 shares without disclosure under the Corporations Act, confirming compliance with relevant legal provisions. The company assured stakeholders that no information has been withheld that would affect an informed assessment of its financial position or securities, indicating transparency and adherence to regulatory standards.
Infocus Group Holdings Limited has announced a new application for the quotation of securities on the Australian Securities Exchange (ASX). The company is issuing 1,818,182 ordinary fully paid securities, which are part of a transaction previously announced in an Appendix 3B. This move is likely to impact the company’s market presence by increasing its available securities for trading, potentially enhancing liquidity and investor interest.
Infocus Group Holdings Limited has announced a proposed issue of securities, including 653,300 convertible notes with a face value of USD 1.15 per note and 1,818,182 fully paid ordinary shares. This move is part of a placement or other type of issue, with the proposed issue date set for December 23, 2025. The announcement indicates a strategic financial maneuver aimed at raising capital, which may impact the company’s market positioning and stakeholder interests.
InFocus Group Holdings Limited has extended its convertible note financing facility with Obsidian Global GP LLC, allowing it to draw an additional AUD 1 million, pending shareholder approval. This funding will support the company’s expanding software solutions operations in Thailand and new ventures in the iGaming sector, reflecting its strategic growth initiatives.
InFocus Group Holdings Limited announced a significant expansion into frontier technologies with the creation of two new strategic business units: InFocus Digital Ventures and InFocus Gaming Technologies. This move is supported by a financing facility from Southeast Asia’s Mythos Group and aims to capitalize on emerging markets in digital assets and iGaming. The company has also formed a Strategic Advisory Board, including industry veterans like John Poynton AO, to guide its strategic direction. Additionally, InFocus has secured two Master Services Agreements in Thailand, potentially generating AUD 1.7 million in revenue, highlighting its operational growth and market penetration.