tiprankstipranks
Trending News
More News >
Invex Therapeutics Ltd. (AU:IXC)
ASX:IXC
Australian Market

Invex Therapeutics Ltd. (IXC) AI Stock Analysis

Compare
2 Followers

Top Page

AU:IXC

Invex Therapeutics Ltd.

(Sydney:IXC)

Select Model
Select Model
Select Model
Neutral 51 (OpenAI - 5.2)
Rating:51Neutral
Price Target:
AU$0.13
▲(9.17% Upside)
The score is held back primarily by weak financial performance (volatile, declining revenue and persistent losses with ongoing cash burn), partially offset by a debt-free balance sheet. Technicals are moderately supportive with price above major moving averages, while valuation is constrained by negative earnings and no dividend yield data.
Positive Factors
Balance Sheet Health
A debt-free balance sheet materially reduces financing risk for a clinical-stage biotech, giving management flexibility to prioritize R&D and regulatory milestones. This structural conservatism lowers near-term solvency pressure and improves ability to secure non-debt financing if programs progress.
Focused Clinical-Stage Pipeline
A focused pipeline centered on a defined neurological indication concentrates resources and expertise, increasing the chance of clinical and regulatory progress. For a small biotech, clear therapeutic focus enhances strategic clarity and makes partnering or licensing deals more attainable if clinical data are positive.
Improving Profitability Trend
Material narrowing of losses and instances of positive gross profit when revenue occurs indicate operational improvements and cost discipline. Over the medium term, this trend suggests the company is moving toward a more sustainable cost structure if revenue growth from clinical progress follows.
Negative Factors
Persistent Cash Burn
Consistent negative operating and free cash flow signals structural cash burn that will repeatedly force the company to access external capital. Over 2–6 months this raises dilution risk and may constrain the pace of clinical development absent clear financing plans or partner commitments.
Highly Volatile, Declining Revenue
A small, volatile revenue base with an ~81% year-over-year decline indicates limited commercial traction and unreliable receipts. Structurally, this weakens the company's ability to self-fund development, increases dependence on capital markets, and undermines margin stability absent new revenue streams.
Eroding Equity and Negative ROE
Falling equity and persistently negative returns on equity reflect ongoing value dilution from losses and financing activity. Over the medium term this depletes the capital base, raises the cost of future funding, and can limit strategic optionality if clinical setbacks necessitate urgent capital raises.

Invex Therapeutics Ltd. (IXC) vs. iShares MSCI Australia ETF (EWA)

Invex Therapeutics Ltd. Business Overview & Revenue Model

Company DescriptionInvex Therapeutics Ltd, a biopharmaceutical company, engages in the research and development of treatments for neurological conditions in Australia. It is involved in developing Exenatide, a treatment for neurological conditions derived from or involving raised intracranial pressure, such as idiopathic intracranial hypertension, acute stroke, and traumatic brain injury that has completed Phase II clinical trial. The company was incorporated in 2019 and is based in Perth, Australia.
How the Company Makes MoneyInvex Therapeutics Ltd. generates revenue through the development and potential commercialization of its pharmaceutical products. The company's primary revenue streams include licensing agreements and strategic partnerships with other pharmaceutical companies for the development and distribution of its pipeline products. Invex may also receive milestone payments and royalties from these collaborations, contingent upon the successful development and commercialization milestones. Additionally, the company might pursue government grants or funding from research institutions to support its R&D activities. As Invex progresses through clinical trials and moves closer to product approval and market entry, it aims to establish sustainable revenue channels through product sales and expanded partnerships.

Invex Therapeutics Ltd. Financial Statement Overview

Summary
Invex Therapeutics Ltd. is in a development phase with growing revenues but still faces significant challenges in achieving profitability. The balance sheet is strong with zero debt, but ongoing losses impact overall financial health. Cash flow management is improving, but negative net income continues to weigh heavily on cash positions.
Income Statement
18
Very Negative
Invex Therapeutics Ltd. has shown improvements in revenue generation, with a significant increase in total revenue from 2022 to 2023. However, the company is still operating at a loss, as indicated by negative net income and EBIT margins. The gross profit margin is strong at 100%, but the net profit margin is negative due to high operating expenses.
Balance Sheet
62
Positive
The company maintains a strong equity position with no debt, resulting in a commendable debt-to-equity ratio of 0. The equity ratio remains high, indicating stability. However, the return on equity is negative due to ongoing net losses, which is a concern for profitability.
Cash Flow
28
Negative
The cash flow statements show a reduction in free cash flow losses, which suggests improving operational efficiency. Nonetheless, the operating cash flow to net income ratio remains negative, indicating that net income losses are affecting cash flow. The absence of capital expenditures is a positive in maintaining cash reserves.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue229.08K229.08K1.21M459.08K182.25K0.00
Gross Profit229.08K229.08K1.21M459.08K182.25K0.00
EBITDA-356.54K0.00-720.00K-8.21M-4.14M-2.28M
Net Income-477.33K-476.87K-1.64M-7.75M-3.95M-2.28M
Balance Sheet
Total Assets5.47M5.47M6.12M22.80M29.49M32.74M
Cash, Cash Equivalents and Short-Term Investments5.38M5.38M6.03M22.47M29.34M32.72M
Total Debt0.000.000.000.000.000.00
Total Liabilities220.59K220.59K431.63K1.57M1.00M658.61K
Stockholders Equity5.25M5.25M5.69M21.23M28.48M32.08M
Cash Flow
Free Cash Flow-652.57K-652.57K-2.44M-6.87M-3.38M-1.68M
Operating Cash Flow-652.57K-652.57K-2.44M-6.87M-3.38M-1.68M
Investing Cash Flow0.000.000.000.000.000.00
Financing Cash Flow0.000.00-14.00M0.000.008.09M

Invex Therapeutics Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.12
Price Trends
50DMA
0.12
Negative
100DMA
0.12
Negative
200DMA
0.10
Positive
Market Momentum
MACD
<0.01
Negative
RSI
48.02
Neutral
STOCH
46.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:IXC, the sentiment is Negative. The current price of 0.12 is below the 20-day moving average (MA) of 0.12, below the 50-day MA of 0.12, and above the 200-day MA of 0.10, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 48.02 is Neutral, neither overbought nor oversold. The STOCH value of 46.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:IXC.

Invex Therapeutics Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
52
Neutral
AU$203.87M-7.770.66%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
51
Neutral
AU$9.02M-18.25-8.72%71.10%
45
Neutral
AU$11.05M-469.35%46.28%
41
Neutral
AU$87.00M-5.26-42.68%63.46%
38
Underperform
AU$54.55M-7.60-159.86%110.44%35.90%
37
Underperform
AU$13.77M-1.61-628.72%31.87%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:IXC
Invex Therapeutics Ltd.
0.12
0.05
66.67%
AU:ATH
Alterity Therapeutics
0.01
>-0.01
-44.44%
AU:ADO
AnteoTech Ltd
0.02
<0.01
11.11%
AU:1AD
AdAlta Ltd.
0.01
-0.01
-50.00%
AU:CHM
Chimeric Therapeutics Ltd.
AU:RCE
Recce Pharmaceuticals Ltd.
0.71
0.24
51.61%

Invex Therapeutics Ltd. Corporate Events

Invex Therapeutics Defers 2025 AGM Amid Board Changes
Nov 20, 2025

Invex Therapeutics Ltd has announced a deferral of its 2025 Annual General Meeting (AGM) to 28 February 2026, following an extension granted by the Australian Securities and Investments Commission. This decision comes after a series of board changes, including the resignation of two directors and the appointment of new non-executive directors. The company plans to issue a new notice of meeting to address the re-election of current directors and the election of new board members, reflecting its ongoing governance adjustments.

Invex Therapeutics Appoints New Director
Nov 10, 2025

Invex Therapeutics Ltd. has announced the appointment of Mr. Simon Llewellyn Owen as a new director, effective November 10, 2025. The announcement indicates that Mr. Owen currently holds no relevant interests in securities, which may suggest a fresh perspective in his role, potentially impacting the company’s strategic direction and stakeholder interests.

Invex Therapeutics Resumes Trading After Key Appointments
Nov 10, 2025

Invex Therapeutics Ltd has announced the lifting of its trading suspension on the ASX following the release of information regarding new board and officer appointments. This development is expected to enhance the company’s governance and potentially influence its strategic direction, impacting stakeholders and market perception positively.

Invex Therapeutics Announces Key Board and Executive Appointments
Nov 10, 2025

Invex Therapeutics Limited announced significant changes in its board and executive team, appointing Simon Owen and Professor Warren Harding AM as non-executive directors. These appointments align with the company’s compliance with corporate regulations and bring extensive experience in corporate governance, strategic planning, and innovation. Additionally, Carla Healy and Tim Slate have been appointed as joint company secretaries, enhancing the company’s communication and compliance capabilities. The company also announced a change in its registered office address to Perth, WA.

Invex Therapeutics Announces Director Departure
Nov 7, 2025

Invex Therapeutics Ltd announced the cessation of Dr. Thomas Duthy as a director, effective November 7, 2025. Dr. Duthy held 285,661 ordinary shares through Emmirato Pty Ltd, where he serves as a director and shareholder. This change in directorship may impact the company’s strategic direction and investor relations, as leadership transitions can influence stakeholder confidence and operational focus.

Invex Therapeutics Announces Key Resignations and Meeting Cancellation
Nov 7, 2025

Invex Therapeutics Ltd announced the resignation of its Chairman, Mr. David McAuliffe, Executive Director, Dr. Thomas Duthy, and Company Secretary and CFO, Ms. Narelle Warren, with immediate effect. These resignations led to the cancellation of a requisitioned general meeting that was initially scheduled to address the removal of these directors. This development may impact the company’s governance and strategic direction, as well as its relationship with stakeholders, particularly the requisitioning shareholder, Celtic Capital Pte Ltd.

Invex Therapeutics Ltd Faces ASX Suspension Over Governance Issues
Nov 7, 2025

Invex Therapeutics Ltd has been suspended from quotation on the ASX due to non-compliance with the Corporations Act 2001, specifically for not having sufficient directors. The suspension will remain until the company meets the ASX’s listing rules, impacting its market operations and requiring resolution to regain trading status.

Invex Therapeutics Reports Promising Alzheimer’s Research with Exenatide
Nov 3, 2025

Invex Therapeutics Ltd announced new findings from its collaboration with Tessara Therapeutics, showing that Exenatide significantly reduces neurofilament light chain expression, a marker of neuronal damage, in Alzheimer’s Disease models. This suggests Exenatide’s potential in mitigating early neurodegenerative processes and enhancing its therapeutic value in treating Alzheimer’s Disease, despite uncertainties regarding the continuation of the Tessara collaboration due to potential board changes.

Invex Therapeutics to Hold Virtual Annual General Meeting
Oct 24, 2025

Invex Therapeutics Ltd has announced that its 2025 Annual General Meeting will be held virtually on November 25, 2025. Shareholders can access the Notice of Meeting and related materials online, and voting will be conducted via proxy. The virtual format and online access to materials reflect the company’s adaptation to modern communication methods, potentially increasing accessibility and engagement among shareholders.

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.Date of analysis: Jan 13, 2026