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Kalina Power Limited (AU:KPO)
ASX:KPO

Kalina Power Limited (KPO) AI Stock Analysis

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AU

Kalina Power Limited

(Sydney:KPO)

Rating:24Underperform
Price Target:
Kalina Power Limited's overall stock score is low due to significant financial performance issues, including ongoing losses, high debt levels, and negative cash flow. The lack of technical analysis data and poor valuation metrics further contribute to the low score, making the stock a high-risk investment with substantial challenges to overcome.

Kalina Power Limited (KPO) vs. iShares MSCI Australia ETF (EWA)

Kalina Power Limited Business Overview & Revenue Model

Company DescriptionKalina Power Limited engages in the power business in Australia, China, Canada, and the United States. It generates power primarily from waste heat and geothermal sources using its Kalina Cycle technology. The company was formerly known as Enhanced Systems Technologies Limited and changed its name to Kalina Power Limited in June 2015. Kalina Power Limited was incorporated in 1950 and is headquartered in Hawthorn, Australia.
How the Company Makes MoneyKalina Power Limited makes money by licensing its Kalina Cycle technology to power plant operators and developers globally. The company generates revenue through licensing fees, royalties, and potentially through joint ventures where it collaborates on power plant projects utilizing its technology. Additionally, Kalina Power may engage in consulting and engineering services related to the implementation of its technology. Strategic partnerships with energy companies and investments in energy projects where the Kalina Cycle is deployed also contribute to its earnings.

Kalina Power Limited Financial Statement Overview

Summary
Kalina Power Limited is facing significant financial challenges with no revenue generation and continuous losses. The company's reliance on debt and external financing poses risks, while the lack of positive cash flow and declining equity compound financial instability concerns. Immediate strategic actions are needed to improve financial health and operational performance.
Income Statement
5
Very Negative
Kalina Power Limited has reported zero revenue over the years, indicating a lack of operational income. The persistent negative EBIT and EBITDA figures reflect ongoing operational losses, with no signs of improvement. The absence of revenue growth further emphasizes the company's struggle to generate income.
Balance Sheet
30
Negative
The company has a high debt-to-equity ratio due to significant total debt, suggesting potential financial leverage risks. Stockholders' equity has been decreasing, indicating potential financial instability. However, the equity ratio remains decent, reflecting some degree of financial stability in the company's asset base.
Cash Flow
20
Very Negative
Kalina Power Limited's cash flow analysis shows consistent negative free cash flow, highlighting cash burn issues. The lack of operating cash flow data limits the assessment of cash generation efficiency. The company relies heavily on financing activities to sustain operations.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
0.000.000.000.000.000.00
Gross Profit
-161.00K-11.78K-9.66K-6.59K-4.89K
EBIT
-1.66M-4.02M-5.01M-5.33M-8.11M-5.00M
EBITDA
-1.62M-3.99M-4.78M-5.32M-7.94M-4.58M
Net Income Common Stockholders
-4.08M-4.66M-4.66M-7.87M-4.52M
Balance SheetCash, Cash Equivalents and Short-Term Investments
763.43K255.21K706.66K5.35M1.09M440.60K
Total Assets
972.07K461.10K875.71K5.49M1.25M570.18K
Total Debt
2.68M2.42M2.30M2.16M1.90M1.88M
Net Debt
1.92M2.17M1.60M-793.31K806.82K1.44M
Total Liabilities
3.71M3.18M3.32M2.97M2.79M3.19M
Stockholders Equity
8.96M8.93M9.13M13.81M9.31M8.07M
Cash FlowFree Cash Flow
-3.87M-4.64M-5.03M-6.40M-3.87M
Operating Cash Flow
-4.64M-5.02M-6.39M-3.86M
Investing Cash Flow
521.002.39M-2.42M-19.07K148.92K
Financing Cash Flow
908.89K3.41M1.88K9.30M7.06M3.13M

Kalina Power Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUCUE
70
Outperform
AU$80.40M8.5213.84%17.39%-16.65%-46.22%
58
Neutral
$7.43B3.43-4.49%10.08%0.81%-49.42%
AUERG
53
Neutral
AU$3.00M-9.71%8.96%-287.50%
AUNWF
42
Neutral
AU$83.72M
AUKPO
24
Underperform
€14.66M-41.76%50.00%
$37.92M-84.72%
AUGEN
AU$23.07M-38.00%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:KPO
Kalina Power Limited
0.01
0.00
0.00%
AU:CUE
Cue Energy Resources Limited
0.12
0.04
50.00%
EWCLF
Energy World Corporation Ltd
0.01
0.00
0.00%
AU:NWF
Newfield Resources Ltd.
0.09
-0.03
-25.00%
AU:ERG
Eneco Refresh Limited
0.01
0.00
0.00%
AU:GEN
Genmin Ltd.
0.03
-0.09
-75.00%

Kalina Power Limited Corporate Events

Kalina Power Limited Announces Cessation of Securities
May 1, 2025

Kalina Power Limited announced the cessation of 75,000,000 securities due to the lapse of conditional rights, as the conditions for these securities were not met or became unachievable. This development may impact the company’s capital structure and could have implications for its financial strategy and stakeholder interests.

Kalina Power Advances Strategic Initiatives and Secures Funding for Growth
Apr 30, 2025

Kalina Power Limited has made significant progress in its project development activities during the quarter ending March 31, 2025. The company is actively selling project sites and engaging in strategic planning with partners like Crusoe Energy to enhance its market position. The appointment of TwelveSix aims to optimize site sales and negotiations, while ongoing discussions with various stakeholders, including data center and power companies, are expected to drive further growth. Financially, Kalina raised $1.5 million through a share placement and entitlement offer to support its strategic plans and working capital needs.

Kalina Power Limited Secures Shareholder Approval for Key Resolutions
Apr 28, 2025

Kalina Power Limited held an extraordinary general meeting on April 28, 2025, where several resolutions were passed, including the issuance of new shares and attaching options to directors Stephen White and Matthew Jenkins. These resolutions, which were amended to correct typographical errors, were approved by a significant majority, indicating strong shareholder support for the company’s strategic initiatives. The successful passing of these resolutions is expected to bolster the company’s financial position and support its ongoing projects, potentially enhancing its market competitiveness and benefiting stakeholders.

Kalina Power Issues New Unquoted Securities to Support Growth
Apr 10, 2025

Kalina Power Limited announced the issuance of 2,737,994 unquoted securities, specifically options expiring on October 9, 2026. This issuance is part of previously announced transactions, indicating a strategic move to bolster its financial structure and support ongoing projects, potentially impacting its market positioning and stakeholder interests.

Kalina Power Limited Announces Quotation of New Securities
Apr 10, 2025

Kalina Power Limited has announced the quotation of 5,475,966 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of previously announced transactions and is expected to bolster the company’s market presence and financial flexibility, potentially impacting its operations and stakeholder interests positively.

Kalina Power Concludes Entitlement Offer, Raises Over $43,000
Apr 10, 2025

Kalina Power Limited announced the results of its non-renounceable entitlement offer, which closed on April 3, 2025. The offer allowed eligible shareholders to subscribe for new shares, resulting in the issuance of 5,475,966 new shares and generating $43,807.73 in gross proceeds. Additionally, 2,737,994 free attaching options will be issued. The new shares are set to begin normal trading on April 11, 2025, reflecting the company’s efforts to strengthen its financial position and engage its shareholder base.

Kalina Power Limited Announces Extraordinary General Meeting
Mar 31, 2025

Kalina Power Limited has announced the scheduling of an extraordinary general meeting (EGM) for its shareholders on April 28, 2025. This meeting is crucial for the company as it aligns with its strategic plans and provides an opportunity for shareholders to engage with the company’s future directions. The announcement clarifies the date, correcting an earlier prospectus that listed a public holiday. This meeting is significant for stakeholders as it may impact the company’s operational strategies and future market positioning.

Kalina Power Limited Raises $1.5 Million Through Share Placement
Mar 12, 2025

Kalina Power Limited has successfully completed a placement of 187.5 million shares at $0.008 per share, raising $1.5 million in gross proceeds. The issuance of 148,750,000 new ordinary shares was conducted without disclosure to investors under specific provisions of the Corporations Act, and the company has confirmed compliance with relevant legal and disclosure requirements. This capital raising is expected to support the company’s ongoing operations and strategic initiatives, potentially strengthening its position in the energy market.

Kalina Power Limited Announces Quotation of New Securities on ASX
Mar 12, 2025

Kalina Power Limited has announced the quotation of 148,750,000 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of March 12, 2025. This move is part of a previously announced transaction, potentially strengthening the company’s financial position and market presence, which may have implications for its stakeholders and industry positioning.

Kalina Power Limited Announces Rights Issue to Raise $1.04 Million
Mar 4, 2025

Kalina Power Limited is conducting a non-underwritten and non-renounceable pro-rata rights issue to raise approximately $1.04 million. The offer includes issuing new shares and attaching options to eligible shareholders and professional investors, potentially impacting the company’s financial position and shareholder value.

Kalina Power Secures Funding to Bolster Project Development
Mar 3, 2025

Kalina Power Limited is addressing concerns about its cash position by securing commitments to raise approximately $2.5 million through a share placement and rights issue. The company is also exploring various funding sources and potential site sales to ensure sufficient working capital for its projects. Despite expecting negative operating cash flows in the near term, Kalina Power is confident in its ability to achieve self-funding status for its subsidiary, Kalina Distributed Power Limited, as projects progress and funding is secured.

Kalina Power Announces Director’s Interest Change
Mar 3, 2025

Kalina Power Limited announced a change in the interests of its director, Stephen White, as 5,000,000 options at $0.05 lapsed. This update, approved by the company’s Managing Director and CEO, Ross MacLachlan, reflects the ongoing management of director interests, which may influence stakeholder perceptions and company governance practices.

Kalina Power Limited Announces Cessation of Securities
Mar 3, 2025

Kalina Power Limited announced the cessation of 5,000,000 securities due to the lapse of conditional rights, as the conditions for these securities were not met by the expiration date. This development may impact the company’s capital structure and could have implications for its financial strategy and stakeholder interests.

Kalina Power Limited Announces Proposed Securities Issue
Mar 3, 2025

Kalina Power Limited has announced a proposed issue of securities, involving a standard pro rata issue of up to 130,475,894 ordinary fully paid shares and 65,237,947 options exercisable at 2 cents within 18 months. This move is part of the company’s strategy to raise capital, potentially impacting its market positioning by providing additional funding for its operations and growth initiatives.

Kalina Power Limited Announces Proposed Securities Issue to Bolster Financial Position
Mar 3, 2025

Kalina Power Limited has announced a proposed issue of securities, including 93,750,000 free options exercisable at 2 cents and 187,500,000 ordinary fully paid shares. This strategic move aims to enhance the company’s financial position and support its ongoing projects, potentially strengthening its market presence and offering new opportunities for stakeholders.

Kalina Power Secures $2.54 Million Through Placement and Entitlement Offer
Mar 3, 2025

Kalina Power Limited has successfully raised $1.5 million through a placement to sophisticated, professional, and institutional investors. The company is also conducting a pro rata non-renounceable entitlement offer to raise an additional $1.04 million. The funds will be used to support the company’s working capital and strategic plans. This capital raising initiative is expected to strengthen Kalina Power’s financial position and support its ongoing operations and growth strategies.

Kalina Power Reports Reduced Losses and Improved Asset Backing
Feb 28, 2025

Kalina Power Limited reported a net loss of $2,188,772 for the half-year ending December 31, 2024, reflecting a decrease of less than 9% compared to the previous period. Despite the financial loss, the company’s net tangible asset backing improved from (0.15) cents to (0.09) cents per ordinary security, indicating a slight enhancement in asset valuation.

Kalina Power Limited Initiates Trading Halt Pending Announcement
Feb 27, 2025

Kalina Power Limited has requested a trading halt on its securities pending a forthcoming announcement. This halt will remain in effect until either the announcement is made or normal trading resumes on March 3, 2025. The trading halt indicates potential significant news that could impact the company’s market position and stakeholder interests.

Kalina Power Limited Plans to Expand Energy Capacity in Alberta
Feb 18, 2025

Kalina Power Limited is planning to develop up to 1.7 GW of power to support data centers in Alberta. This initiative signifies a major step in Kalina’s operations, potentially boosting its industry positioning by expanding its energy capabilities, which could have significant implications for stakeholders involved.

Kalina Power Clarifies Framework Agreement and CCS Project Costs
Feb 12, 2025

Kalina Power Limited announced a clarification regarding its framework agreement with Crusoe Energy Systems LLC, emphasizing that while a framework agreement has been executed, there is no obligation to enter into specific project development or power purchase agreements at this time. Additionally, the company provided detailed insights into the capital expenditure requirements for its Alberta Power-CCS projects, indicating an estimated cost of approximately CAD$1 billion per project before incentives. These projects benefit from substantial tax credits and grants, which significantly reduce the net capital expenditure. The announcement underscores the company’s commitment to advancing its CCS projects on time and budget, leveraging government incentives to support clean energy advancements.

Kalina Power Retracts Valuation Statement on Alberta Projects
Feb 12, 2025

Kalina Power Limited has issued a retraction of a statement made in a previous announcement regarding the valuation of its Power-CCS projects and the Saddle Hills project in Alberta. The retracted statement was based on an initial assessment by TwelveSix and did not have a reasonable basis for such claims, leading to its removal to prevent misleading investors about the company’s financial standing.

Kalina Power Reschedules Webinar on Sustainable Energy for Data Centers
Feb 11, 2025

Kalina Power Limited has announced the rescheduling of a webinar concerning the development of its low-emission power plants for data centers in Alberta, Canada. The webinar, now set for 18 February 2025, will feature presentations from key company executives followed by a Q&A session, offering stakeholders insights into the company’s strategic initiatives in sustainable energy solutions.

Kalina Power Expands Alberta Land Holdings for Power-CCS Development
Feb 10, 2025

Kalina Power Limited has significantly expanded its land holdings in Alberta, Canada, securing two new locations to meet the increasing demand for co-located data centers and gas-fired power projects with carbon capture capabilities. These strategic acquisitions increase Kalina’s total secured land area to 785 acres, enabling the potential deployment of up to 1.7 GW of Power-CCS plants. This expansion positions Kalina to capitalize on the rising market for data center power solutions, enhancing its industry position and offering stakeholders opportunities to benefit from its growing portfolio.

Kalina Power to Host Webinar on Data Center Power Projects in Alberta
Feb 7, 2025

Kalina Power Limited is organizing a webinar to discuss its power plant projects aimed at supporting data centers in Alberta, Canada, a rapidly growing region for data centers. The session will feature insights from key executives and offer participants an opportunity to engage through a Q&A session, signaling Kalina’s commitment to expanding its presence in this lucrative market.

Kalina Power to Host Webinar on Alberta Data Center Projects
Feb 7, 2025

Kalina Power Limited has announced a webinar to discuss its ongoing co-development projects aimed at powering data centers in Alberta, Canada, a rapidly expanding market for data infrastructure. The company’s leadership will present plans and answer questions, highlighting its strategic involvement in the energy supply for this growing industry segment.

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.