Spirit Technology Solutions Ltd. (ITS) AI Stock Analysis

• Market Cap: AU$108.40M
• Dividend Yield: N/A
• Average Volume (3M): 27.33K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.29
• Revenue Growth: -18.64%
• EPS Growth: 92.67%
• Country: AU
• Employees: 36
• Sector: Communication Services
• Sector Strength: 97
• Industry: Information Technology Services
• EPS (TTM): N/A
• Shares Outstanding: 190,176,330
• 10 Day Avg. Volume: 39,418
• 30 Day Avg. Volume: 27,331
• PEG Ratio: 0.63
• Price to Book (P/B): 0.81
• Price to Sales (P/S): 0.78
• P/FCF Ratio: -31.61
• 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$0.65
• Price Target Upside: 14.04% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 0.02
• Revenue Forecast (FY): AU$111.33M

No summary available

Spirit Technology Solutions Ltd. Business Overview & Revenue Model

Company Description

Spirit Technology Solutions Ltd. (ST1) is a leading technology firm specializing in innovative software development, IT consulting, and cloud solutions. The company serves a diverse range of sectors, including finance, healthcare, and education, by providing cutting-edge technology solutions tailored to meet specific industry needs. Core offerings include custom software applications, system integration services, and comprehensive IT support, aimed at enhancing operational efficiency and driving digital transformation for its clients.

How the Company Makes Money

ST1 generates revenue through multiple streams, primarily from project-based contracts for software development and consulting services. The company charges clients on a time-and-materials basis for custom software projects, while also offering subscription-based pricing for its cloud solutions and ongoing IT support services. Key revenue streams include the sale of proprietary software licenses, recurring fees from managed services, and consulting fees from strategic IT advisory projects. Additionally, ST1 has formed strategic partnerships with major cloud providers and technology vendors, which not only bolster its service offerings but also create additional referral and commission-based revenue opportunities.

Spirit Technology Solutions Ltd. Financial Statement Overview

Summary

Spirit Technology Solutions Ltd. is facing financial challenges with declining revenues and profitability issues. Despite improvements in gross profit margin and leverage, significant cash flow challenges persist.

Income Statement

Spirit Technology Solutions Ltd. has faced declining revenue over the past few years, with a significant drop of 14.06% in the latest period. The company has struggled with profitability, as evidenced by negative net profit margins and EBIT margins. However, there was an improvement in gross profit margin from 9.23% to 21.36% in the latest year, indicating some operational efficiency gains.

Balance Sheet

The company's debt-to-equity ratio has improved from 0.53 to 0.32, suggesting better leverage management. However, the return on equity remains negative, indicating ongoing challenges in generating returns for shareholders. The equity ratio is relatively stable, reflecting a balanced asset structure.

Cash Flow

Cash flow performance is concerning, with negative operating and free cash flows. The free cash flow growth rate is negative, and the operating cash flow to net income ratio is also negative, indicating cash flow challenges. Despite this, the free cash flow to net income ratio suggests some ability to cover net losses with free cash flow.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	102.39M	102.39M	125.85M	127.11M	135.34M	102.79M
Gross Profit	21.87M	15.87M	11.61M	12.60M	12.24M	13.35M
EBITDA	7.75M	7.75M	-6.23M	-8.22M	-46.22M	8.62M
Net Income	-1.37M	-1.37M	-10.55M	-11.39M	-53.17M	1.16M
Balance Sheet
Total Assets	172.68M	172.68M	171.42M	119.18M	123.51M	177.31M
Cash, Cash Equivalents and Short-Term Investments	6.34M	6.34M	8.87M	7.02M	11.73M	8.49M
Total Debt	31.55M	31.55M	38.82M	29.44M	16.03M	14.02M
Total Liabilities	74.11M	74.11M	98.37M	66.05M	64.09M	67.64M
Stockholders Equity	98.57M	98.57M	73.05M	53.13M	59.42M	109.68M
Cash Flow
Free Cash Flow	-2.54M	-2.54M	-4.39M	-4.43M	-767.00K	-18.00K
Operating Cash Flow	-2.19M	-2.19M	-4.13M	-3.73M	3.61M	5.04M
Investing Cash Flow	-17.42M	-17.42M	-16.14M	-11.03M	-1.36M	-52.90M
Financing Cash Flow	17.08M	17.08M	22.11M	10.05M	993.00K	49.95M

Spirit Technology Solutions Ltd. Technical Analysis

• Last Price: 0.57

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ITS, the sentiment is undefined. The current price of 0.57 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 ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a undefined sentiment for AU:ITS.

Spirit Technology Solutions Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%