Frugl Group Limited (AU:IFG)
ASX:IFG
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Frugl Group Limited
(Sydney:IFG)
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Rating:43Neutral
Price Target:
AU$0.01
▼(-45.00% Downside)
Action:ReiteratedDate:01/31/26
The score is weighed down primarily by weak financial quality (large losses, negative gross profit, and ongoing cash burn) and bearish technicals (price below key averages with negative MACD). Strong revenue growth and improved equity provide some support, but not enough to offset the current profitability and cash flow risks.
Positive Factors
Very strong revenue growth
Sustained, high double- or triple-digit revenue growth indicates accelerating demand and improving scale. Over a 2–6 month horizon this supports expanding market presence, higher operating leverage potential, and a larger revenue base to convert to profitable outcomes if unit economics are fixed.
Negative Factors
Negative gross profit and large net losses
Negative gross profit shows current unit economics are broken: revenues do not cover direct costs. Large recurring net losses erode capital and require either rapid margin improvement or continued funding. Without structural margin recovery, scaling revenue will not translate into sustainable profits.
Read all positive and negative factors
Positive Factors
Negative Factors
Very strong revenue growth
Sustained, high double- or triple-digit revenue growth indicates accelerating demand and improving scale. Over a 2–6 month horizon this supports expanding market presence, higher operating leverage potential, and a larger revenue base to convert to profitable outcomes if unit economics are fixed.
Read all positive factors
Frugl Group Limited (IFG) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$5.37M
Dividend YieldN/A
Average Volume (3M)592.19K
Price to Earnings (P/E)―
Beta (1Y)3.01
Revenue GrowthN/A
EPS GrowthN/A
CountryAU
EmployeesN/A
SectorTechnology
Sector Strength88
IndustryInformation Technology Services
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding488,568,360
10 Day Avg. Volume249,757
30 Day Avg. Volume592,187
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)1.16
Price to Sales (P/S)0.62
P/FCF Ratio-2.56
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
Frugl Group Limited Business Overview & Revenue Model
Company Description
InFocus Group Holdings Limited Operates as a data intelligence and software solutions company in Australia. It offers Prodigy 9, a technology consultancy focused on building data analytics, Fintech and ERP solutions; Frugl Grocery mobile compariso...
How the Company Makes Money
null...
Frugl Group Limited Financial Statement Overview
Summary
Income Statement
24
Negative
Balance Sheet
46
Neutral
Cash Flow
28
Negative
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|
Income Statement | ||||
| Total Revenue | 4.43M | 796.60K | 162.26K | 142.83K |
| Gross Profit | -1.11M | 688.48K | 162.26K | 142.83K |
| EBITDA | -3.26M | -2.86M | -2.20M | -2.23M |
| Net Income | -3.86M | -3.11M | -2.28M | -2.24M |
Balance Sheet | ||||
| Total Assets | 6.51M | 4.91M | 1.42M | 226.61K |
| Cash, Cash Equivalents and Short-Term Investments | 552.83K | 652.91K | 1.30M | 73.81K |
| Total Debt | 1.99M | 1.47M | 0.00 | 700.00K |
| Total Liabilities | 4.16M | 2.36M | 421.39K | 1.05M |
| Stockholders Equity | 2.36M | 2.54M | 998.62K | -824.38K |
Cash Flow | ||||
| Free Cash Flow | -1.07M | -2.76M | -2.05M | -1.93M |
| Operating Cash Flow | -796.19K | 0.00 | 0.00 | 0.00 |
| Investing Cash Flow | -776.77K | -69.64K | 0.00 | -10.16K |
| Financing Cash Flow | 1.45M | 1.97M | 3.28M | 1.75M |
Frugl Group Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | AU$4.66M | 7.19 | 58.03% | 55.56% | -5.51% | 38.41% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
53 Neutral | AU$8.79M | -4.21 | -9.80% | ― | -9.44% | 83.16% | |
44 Neutral | AU$34.88M | 5.86 | -26.59% | ― | -11.11% | -71.43% | |
43 Neutral | AU$5.37M | -0.71 | -138.56% | ― | ― | ― | |
43 Neutral | AU$9.82M | -6.93 | -23.03% | ― | ― | ― | |
39 Underperform | AU$17.41M | -59.18 | 31.79% | ― | -12.90% | 87.50% |
* Technology Sector Average
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Frugl Group Limited Corporate Events
InFocus unit Prodigy9 secures first payment on Thai social security tech upgrade
Mar 29, 2026
InFocus Group Holdings’ Thai subsidiary Prodigy9 has received an initial THB 2.45 million payment under a contract to support a major Thai Government social security infrastructure modernisation project led by IT services provider IRCP. The ...
InFocus unit Prodigy9 wins Thai social security modernisation contract
Mar 17, 2026
InFocus Group Holdings’ Thai subsidiary Prodigy9 has been selected by IT services provider IRCP to support a major Thai Government social security infrastructure modernisation, moving key systems from a mainframe to a web application. The si...
InFocus widens loss as it pushes into digital assets and iGaming
Feb 27, 2026
InFocus Group Holdings Limited, which focuses on data-driven, technology-enabled markets, has expanded its structure with two new wholly owned subsidiaries targeting digital assets and iGaming. InFocus Digital Ventures Pty Ltd will develop the gro...
InFocus Reshapes Business Around Digital Assets and iGaming as Capital Base Strengthens
Jan 30, 2026
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...
InFocus Group Issues 670,000 Unquoted Convertible Notes Under IFGAF
Jan 15, 2026
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 a...
InFocus Raises USD 670,000 via Convertible Notes to Back Thai Expansion and iGaming Push
Jan 15, 2026
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 st...
InFocus Shareholders Back Funding Resolutions at Extraordinary Meeting
Jan 8, 2026
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...
InFocus Group Holdings Options Lapse Unexercised, Simplifying Capital Structure
Jan 5, 2026
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 a...
InFocus Group Issues Unquoted Convertible Notes and Options as Part of Capital Management
Jan 5, 2026
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 securi...
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.