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Jayride Group Ltd.
(Sydney:JAY)
Jayride Group Ltd. (JAY) vs. iShares MSCI Australia ETF (EWA)
Jayride Group Ltd. Business Overview & Revenue Model
Jayride Group Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.10M | 2.42M | 5.39M | 5.09M | 2.56M | 759.41K |
| Gross Profit | 121.54K | -266.96K | -1.94M | -2.97M | -3.30M | -2.88M |
| EBITDA | -3.45M | -4.84M | -7.41M | -6.66M | -3.73M | -3.13M |
| Net Income | -4.07M | -5.73M | -8.26M | -8.16M | -4.96M | -4.49M |
Balance Sheet | ||||||
| Total Assets | 753.95K | 753.95K | 3.42M | 7.66M | 9.03M | 6.43M |
| Cash, Cash Equivalents and Short-Term Investments | 565.70K | 565.70K | 924.02K | 2.54M | 3.80M | 3.04M |
| Total Debt | 0.00 | 0.00 | 1.23M | 0.00 | 0.00 | 1.89M |
| Total Liabilities | 7.13M | 7.13M | 7.66M | 5.54M | 3.23M | 4.24M |
| Stockholders Equity | -6.38M | -6.38M | -4.24M | 2.13M | 5.80M | 2.20M |
Cash Flow | ||||||
| Free Cash Flow | -1.48M | -1.48M | -4.55M | -5.13M | -5.42M | -3.15M |
| Operating Cash Flow | -1.47M | -1.47M | -3.41M | -2.68M | -3.51M | -2.07M |
| Investing Cash Flow | -1.51K | -1.51K | -1.14M | -2.33M | -1.65M | -532.07K |
| Financing Cash Flow | 1.28M | 1.28M | 3.06M | 3.73M | 5.79M | 4.71M |
Jayride Group Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | AU$2.35B | 36.55 | ― | 1.37% | -4.98% | -42.11% | |
69 Neutral | $3.21B | 30.26 | 8.85% | 2.63% | 2.70% | -22.30% | |
66 Neutral | AU$306.08M | 10.34 | 9.92% | 7.57% | -14.10% | -5.99% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
55 Neutral | AU$1.55B | 5,875.00 | 0.12% | ― | -8.73% | -99.88% | |
47 Neutral | AU$1.67B | -65.13 | -39.97% | ― | 17.65% | 3.70% | |
42 Neutral | AU$8.69M | -0.96 | ― | ― | -55.08% | 65.45% |
Jayride Group Ltd. Corporate Events
Jayride Group Limited has lodged its interim financial report for the quarter ended 30 September 2025, accompanied by an independent review from RSM Australia Partners, which found no issues with the report’s compliance or its true and fair view of the company’s financial position and performance. The auditor flagged a material uncertainty related to Jayride’s ability to continue as a going concern, noting dependence on additional funding, revenue growth and liability restructuring, but directors point to recent capital raisings, cost-cutting initiatives and a proposed SPV to manage historical obligations as grounds for confidence, with the quarter showing a significantly reduced comprehensive loss, lower operating costs and a strengthened liquidity position as the company continues working toward reinstatement to trading on the ASX.
Jayride Group Limited has lodged an amended Appendix 4C cash flow report for the quarter ended 30 September 2025 after an internal review identified issues relating to the presentation, classification and reconciliation of certain cash flow items. The corrections cover the reconciliation of cash and cash equivalents at quarter end, the classification of cash flows between operating, investing and financing activities, and the accurate disclosure of financing proceeds raised after the quarter, but do not alter the company’s underlying business activities, cash movements or strategic position, with the board stating that the amended filing now provides a true and fair view of Jayride’s cash flows for the period.
Jayride Group Ltd. has announced two strategic appointments to enhance its financial governance and regional operations in Southeast Asia. Acclime Australia has been engaged to provide CFO advisory services, strengthening Jayride’s financial framework, while Nat Nunthapiwat has been appointed as COO for Southeast Asia, bringing expertise in technology and mobility operations to support the company’s regional expansion and execution of its SaaS roadmap.
Jayride Group Ltd. has announced the quotation of 101,666,666 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of previously announced transactions and is expected to enhance the company’s market presence and liquidity, potentially benefiting stakeholders by increasing the accessibility of its shares.
Jayride Group Ltd. has announced the issuance of 200,000 unquoted convertible notes, as part of a previously disclosed transaction. This move could impact the company’s financial structure and provide additional capital, potentially influencing its market positioning and offering implications for stakeholders.
Jayride Group Ltd. has successfully raised $735,000 through a share placement, adding to the $200,000 from convertible notes, totaling $935,000 in new capital. This funding will support the company’s financial review, creditor restructuring, and the expansion of its SaaS mobility platform. The participation of existing shareholders and the Chair at the pre-suspension price indicates strong confidence in the company’s long-term strategy and growth potential. The capital will also aid in the company’s efforts to reinstate its securities on the ASX, with ongoing collaboration with ASX and advisors to meet reinstatement requirements.
Jayride Group Ltd. held its 2025 Annual General Meeting, where all proposed resolutions were successfully passed, reflecting strong shareholder support. The approval of these resolutions, including the election of directors and the issuance of convertible notes, positions the company to continue executing its strategic initiatives and enhancing its market presence.
Jayride Group Ltd. reported its quarterly cash flow, highlighting a net cash outflow from operating activities of $322,000 and investing activities of $225,000. The company managed to raise $200,000 through equity securities, which contributed to a cash balance of $287,000 at the end of the quarter. This financial update indicates ongoing operational challenges but also shows efforts to bolster liquidity through financing activities.
Jayride Group Limited has made significant progress in its transformation, focusing on capital management, technology delivery, and regional partnerships. The company reported limited operating cash outflows and secured additional funding to enhance liquidity and support platform development. Jayride is expanding its SaaS mobility platform while maintaining its aggregator marketplace in high-margin corridors. The company aims for scalable growth and sustainable shareholder value through a hybrid model of recurring-revenue SaaS contracts and a disciplined aggregator footprint.
Jayride Group Ltd. has announced its 2025 Annual General Meeting, scheduled for November 27, 2025, which will be held as a hybrid event allowing both in-person and online participation. This meeting format aims to increase shareholder engagement by providing flexibility in attendance and voting, reflecting the company’s commitment to adapting to modern communication methods and enhancing stakeholder involvement.
Jayride Group Limited has announced its Annual General Meeting to be held on November 27, 2025, both in-person and virtually. The meeting will cover several resolutions, including the adoption of the remuneration report, election and re-election of directors, and approval of mandates related to convertible notes. The Chairman is authorized to exercise undirected proxies on remuneration-related resolutions, and intends to vote in favor of each item of business, which may impact the company’s governance and financial strategies.
Jayride Group Ltd. has announced its upcoming Annual General Meeting, scheduled for November 27, 2025, which will be held both in-person in Sydney, Australia, and online. The meeting will address several key agenda items, including the consideration of financial statements, the adoption of the Remuneration Report, and the election or re-election of directors. These decisions are crucial for the company’s governance and strategic direction, impacting shareholders and potentially influencing the company’s future performance.
Jayride Group Ltd. has raised $200,000 through the issuance of 200,000 convertible notes, with $100,000 coming from a sophisticated investor and another $100,000 from director Brett Partridge. This financial move is part of Jayride’s strategy to meet the requirements for the re-quotation of its shares on the ASX and to support the ongoing rollout of its SaaS platform. The company is actively engaging with stakeholders to ensure a timely re-quotation and is prioritizing the funds for the SaaS platform’s expansion and general working capital.
Jayride Group Limited has entered into a strategic alliance with Xoomplay to integrate in-vehicle media and advertising within its mobility platform. This collaboration is expected to expand Jayride’s ecosystem across Thailand, Malaysia, and Australia, offering new revenue streams through ad-serve commissions, revenue-sharing in global brand campaigns, and data analytics. The partnership positions Jayride at the forefront of the rapidly growing in-car advertising market, projected to reach significant growth by 2033, and enhances its role as a next-generation mobility and data platform.
Jayride Group Ltd. has been suspended from trading on the ASX due to financial condition concerns but remains operationally stable with ongoing support from investors. The company is actively working towards reinstatement by strengthening its balance sheet and has made significant strategic progress with new SaaS deployments in Thailand, highlighting its commitment to growth and financial stability.
Jayride Group Ltd. has been suspended from trading on the ASX due to inadequate financial conditions as per Listing Rule 12.2. The suspension will remain until the company meets the necessary compliance requirements, impacting its market presence and raising concerns among stakeholders about its financial stability.
Jayride Group Ltd. announced the issuance of 25 million fully paid ordinary shares to settle consulting fees totaling $125,000. This strategic move reflects the company’s compliance with relevant provisions of the Corporations Act and indicates a focus on maintaining operational transparency and financial obligations.
Jayride Group Ltd. has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement confirms that Jayride has adhered to the ASX Corporate Governance Council’s principles and recommendations, ensuring transparency and accountability in its operations. This announcement underscores the company’s commitment to maintaining high governance standards, which is crucial for its stakeholders and market positioning.
Jayride Group Ltd. has released its Corporate Governance Statement for the year ending June 30, 2025, detailing its adherence to the ASX Corporate Governance Council’s recommendations. While the company complies with most recommendations, it partially meets the diversity policy requirements, lacking detailed gender diversity metrics in its annual report. The company plans to address this in future reports, indicating a commitment to improving transparency and diversity practices.
Jayride Group Limited has released its annual report for the fiscal year ending June 30, 2025. The report includes various financial statements and declarations, providing insights into the company’s financial health and operational performance over the past year. This release is crucial for stakeholders as it offers a comprehensive overview of the company’s financial position and strategic direction, potentially impacting investor decisions and market perception.
Jayride Group Ltd. has announced the issuance of 25 million new ordinary fully paid securities to be quoted on the Australian Securities Exchange (ASX) as of September 30, 2025. This move is part of previously announced transactions and is expected to enhance the company’s market presence and provide additional capital for growth, potentially impacting its operations and offering benefits to stakeholders.