My Rewards International Limited (KLV) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 20.00K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.11
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: AU
• Employees: N/A
• Sector: Services
• Sector Strength: N/A
• Industry: Software - Application
• EPS (TTM): N/A
• Shares Outstanding: 1,535,965,000
• 10 Day Avg. Volume: 20,000
• 30 Day Avg. Volume: 20,000
• PEG Ratio: 0.02
• Price to Book (P/B): -0.80
• Price to Sales (P/S): 0.57
• P/FCF Ratio: -1.76
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 35 Underperform
• Price Target: ―
• Action: N/A Date: 04/08/25
• Date: Action: N/A 04/08/25

My Rewards International Limited is facing severe financial distress, with significant revenue decline, negative margins, and severe balance sheet weaknesses. Cash flow issues highlight liquidity constraints and reliance on external funding. While the technical analysis shows stable price trends, the lack of momentum indicators suggests no clear direction. Valuation metrics are not supportive, reflecting the financial challenges the company is experiencing. Overall, the stock is high-risk and requires substantial improvements for better performance.

Positive Factors

Strategic Acquisition

The acquisition of Fly Wallet enhances My Rewards' capabilities in multicurrency and secure card solutions, potentially strengthening its market position in the global loyalty sector.

New Investments

The new investments and financial facility provide My Rewards with additional resources to support growth initiatives, improving its financial stability and strategic execution.

Cost Management

Effective cost management has helped My Rewards mitigate financial losses, indicating a focus on operational efficiency and potential for improved profitability.

Negative Factors

Revenue Decline

The significant revenue decline due to changes in supplier offerings and client loss highlights challenges in maintaining market share and revenue stability.

Negative Profit Margins

Negative profit margins indicate ongoing operational challenges, affecting the company's ability to generate sustainable profits and impacting long-term financial health.

Balance Sheet Weakness

The negative equity position suggests significant financial distress, limiting the company's ability to leverage assets for growth and posing solvency risks.

My Rewards International Limited Business Overview & Revenue Model

Company Description

My Rewards International Limited provides employee benefit, rewards and recognition, employee engagement, loyalty program, and membership services to corporate and retail clients. It serves employees, members, customers, and businesses. The company was formerly known as The Rewards Factory Limited and changed its name to My Rewards International Limited in May 2011. My Rewards International Limited was incorporated in 2000 and is based in St Kilda, Australia.

How the Company Makes Money

My Rewards International Limited generates revenue primarily through subscription fees and service charges for its loyalty and rewards platforms. The company partners with businesses across different sectors to implement customized rewards programs that cater to their specific customer engagement needs. MRI earns income by charging clients for the development, management, and maintenance of these programs. Additionally, the company may receive transaction fees from vendors participating in their rewards ecosystem. Strategic partnerships with industry players further enhance MRI's revenue streams by expanding its market reach and offering integrated solutions to its clients.

My Rewards International Limited Financial Statement Overview

Summary

My Rewards International Limited's financial statements reveal significant financial distress across all areas. The company is facing a sharp decline in revenue, negative profitability margins, and severe balance sheet weaknesses with negative equity. Cash flow issues further exacerbate these challenges, highlighting liquidity constraints and dependence on external funding. The financial health of the company is concerning, indicating a need for strategic restructuring and operational improvements.

Income Statement

The company has experienced a significant revenue decline over the past year, with revenue decreasing from $22 million to $7.1 million, representing a substantial revenue contraction. The gross profit margin is low at 3.5%, and the net profit margin has worsened, with a negative value of -36.8%. The EBIT and EBITDA margins are also negative, indicating ongoing operational and financial challenges. Overall, the income statement reflects poor financial health and declining revenue, which significantly impacts profitability.

Balance Sheet

The company's balance sheet shows a negative stockholders' equity of -$5.2 million, indicating that liabilities exceed assets. This is a major red flag concerning the company's solvency. The debt-to-equity ratio is not calculable due to negative equity but suggests high leverage. The equity ratio is also negative, signaling financial instability. Overall, the balance sheet reveals significant financial distress and a concerning capital structure.

Cash Flow

Operating cash flow is negative at -$2.1 million, reflecting challenges in generating cash from core operations. Free cash flow is also negative, indicating reliance on external financing, as evidenced by positive financing cash flows. The operating cash flow to net income ratio and free cash flow to net income ratio are not favorable, showing inefficiency in cash generation. Overall, cash flow statements highlight liquidity issues and heavy reliance on financing activities to sustain operations.

Breakdown
Income Statement
Total Revenue
Gross Profit
EBITDA
Net Income
Balance Sheet
Total Assets
Cash, Cash Equivalents and Short-Term Investments
Total Debt
Total Liabilities
Stockholders Equity
Cash Flow
Free Cash Flow
Operating Cash Flow
Investing Cash Flow
Financing Cash Flow

My Rewards International Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
AMX	48 Neutral	AU$28.50M	-3.90	-31.01%	―	-3.43%	-40.65%
PFM	46 Neutral	AU$3.32M	-7.95	-29.77%	―	36.72%	20.00%
SIS	43 Neutral	AU$8.24M	-4.57	―	―	-26.58%	―
ID8	43 Neutral	AU$5.84M	-0.55	-217.63%	―	3.91%	46.67%
1TT	37 Underperform	AU$1.43M	-0.04	―	―	―	―
KLV	35 Underperform	―	―	―	―	―	―

My Rewards International Limited Corporate Events

Klevo Rewards Unveils Modernised Loyalty Platform with Blockchain and New Payment Rails

Klevo Rewards Limited has outlined its strategy to redefine the rewards and loyalty sector by enhancing its core business of loyalty points, merchant offers, corporate rewards and a broad redemption marketplace. The company is expanding its platform with new payment rails, loyalty-linked cards and blockchain-enabled digital reward accounts, aiming to create a more integrated and modern incentives ecosystem that could strengthen its competitive position and appeal to both corporate clients and end users seeking more flexible, tech-driven reward solutions.

Klevo Rewards Director Alexander Gold Increases Shareholding via On-Market Purchase

Klevo Rewards Limited has disclosed a change in director Alexander Gold’s interest in the company, with Gold acquiring an additional 2,000,000 fully paid ordinary shares through on-market trades on 15 and 16 December 2025 for a total consideration of $10,500. Following these purchases, his direct holding increased to 85,860,880 shares, signalling a modest vote of confidence in the company by a key board member; the trades were not conducted during a closed period and did not involve any associated contracts or derivative interests.

Klevo Rewards Director Increases Shareholding

Klevo Rewards Limited has announced a change in the director’s interest, with Director Alexander Gold acquiring an additional 1,000,000 fully paid ordinary shares through an on-market trade, increasing his total holdings to 83,860,880 shares. This acquisition reflects the director’s confidence in the company’s future prospects and may positively influence stakeholder perceptions of the company’s market position.

Klevo Rewards Director Increases Stake with Major Share Acquisition

Klevo Rewards Limited has announced a significant change in the director’s interest, with Director Alexander Gold acquiring 1,000,000 fully paid ordinary shares through an on-market trade, increasing his total holdings to 24,000,556 shares. This acquisition reflects a strategic move that could strengthen the director’s influence in the company and potentially impact its market positioning and stakeholder interests.

Klevo Rewards Secures Financial Stability with Successful Share Issuance

Klevo Rewards Limited announced the successful completion of its Entitlement Offer and Debt Conversion, resulting in the issuance of over 620 million shares and raising $3.4 million. The funds will primarily be used for debt reduction and working capital, ensuring the company has sufficient resources to meet its commitments over the next 12 months. The company’s financial position has been strengthened, with no legal or regulatory barriers to its planned activities, positioning it well for future operations.

My Rewards International Limited Shareholding Analysis Reveals Ownership Concentration

My Rewards International Limited has released a detailed analysis of its shareholdings, revealing that the vast majority of its shares, 99.24%, are held by a small number of investors with holdings ranging from 100,001 to nearly 10 billion shares. This concentration of ownership could have significant implications for the company’s governance and decision-making processes, potentially impacting its strategic direction and stakeholder engagement.

Klevo Rewards Limited: Top 20 Shareholders Hold Over 81% of Securities

My Rewards International Limited has released information about the top 20 shareholders of Klevo Rewards Limited, highlighting the distribution of fully paid ordinary shares among major stakeholders. The data reveals that the top 20 shareholders hold a significant portion of the company’s total securities, accounting for 81.357% of the total 1,535,964,965 securities, indicating a concentrated ownership structure.

Klevo Rewards Secures ASX Extension for Reinstatement

Klevo Rewards Limited has announced that the ASX has granted an extension to the deadline for its automatic removal from the official list and for satisfying reinstatement conditions, now set for January 6, 2026. This extension indicates that the company is in the final stages of implementing a transaction that could lead to the resumption of trading in its securities, reflecting a significant step in its operational strategy and potentially impacting its market position.

Klevo Rewards Limited Successfully Passes All AGM Resolutions

Klevo Rewards Limited announced that all resolutions at their Annual General Meeting were successfully passed by poll. This outcome reflects strong shareholder support and may positively impact the company’s strategic initiatives and governance, enhancing its industry positioning and stakeholder confidence.

Klevo Rewards Limited Announces Cessation of Securities

Klevo Rewards Limited announced the cessation of 11,401,504 securities due to the expiry of options or other convertible securities without exercise or conversion, effective November 17, 2025. This development may impact the company’s capital structure and could influence investor perceptions regarding the company’s financial strategies and market positioning.

Klevo Rewards Secures ASX Deadline Extension for Reinstatement

Klevo Rewards Limited has announced that the ASX has granted an extension to the deadline for its automatic removal from the official list and for satisfying reinstatement conditions, moving the deadline to 1 December 2025. This extension provides Klevo Rewards more time to implement a transaction that could lead to the resumption of trading in its securities, potentially impacting its market positioning and offering reassurance to stakeholders about the company’s ongoing efforts to meet regulatory requirements.