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Memphasys Ltd (AU:MEM)
ASX:MEM

Memphasys Ltd (MEM) AI Stock Analysis

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AU

Memphasys Ltd

(Sydney:MEM)

Rating:37Underperform
Price Target:
Memphasys Ltd faces significant financial challenges, including high debt levels and negative profitability, leading to a low financial performance score. The lack of technical data adds uncertainty to market perceptions. Valuation metrics suggest potential if fundamental improvements occur. Overall, the stock is precarious, with substantial risks that need addressing for long-term viability.

Memphasys Ltd (MEM) vs. iShares MSCI Australia ETF (EWA)

Memphasys Ltd Business Overview & Revenue Model

Company DescriptionMemphasys Limited develops, manufactures, and sells cell and protein separation devices, and related consumables for the healthcare, veterinary, and biotechnology market sectors in Australia. It primarily develops Felix, a novel automated device for quickly and gently separating high quality sperm from a raw semen sample for use in human IVF procedures. In addition, the company's product pipeline include ROSA, a rapid oxidative stress assay; Samson Device, rapid equine pregnancy prediction assay; SemPort, a central lab human semen analysis from distantly located donors; and AI-Port. An ambient temperature semen transport device used for animal artificial insemination. Memphasys Limited was formerly known as NuSep Holdings Limited and changed its name to Memphasys Limited in July 2016. The company was incorporated in 2006 and is based in Homebush, Australia.
How the Company Makes MoneyMemphasys Ltd generates revenue primarily through the development and commercialization of its reproductive biotechnology products. The company's key revenue stream is the sales of its Felix device to fertility clinics and medical institutions engaged in IVF treatments. Additionally, Memphasys may pursue partnerships or collaborations with other companies in the biotechnology or medical technology sectors to expand its market reach and enhance product distribution. The company could also earn revenue through licensing agreements and potential future development of other reproductive health technologies.

Memphasys Ltd Financial Statement Overview

Summary
Memphasys Ltd operates in the biotechnology sector, facing consistent profitability and cash flow challenges despite recent revenue growth. The high debt levels and continuous net losses present significant risks, though external financing has temporarily stabilized operations. Improvement in cost management and profitability is essential for long-term sustainability.
Income Statement
30
Negative
Memphasys Ltd has shown some revenue growth, increasing from $15,371 in 2023 to $60,000 in 2024, representing a strong growth rate. However, the company consistently reports negative gross profit, indicating high cost of goods sold relative to revenue. Net profit margins remain negative, driven by substantial net losses, suggesting ongoing profitability challenges.
Balance Sheet
40
Negative
The company maintains a high debt-to-equity ratio indicative of significant leverage, which could pose financial risks. Stockholders' equity has decreased slightly over time. The equity ratio is stable but not high, indicating moderate reliance on equity financing. Overall, the balance sheet reflects a leveraged financial structure with potential risk but some stability in equity.
Cash Flow
35
Negative
Memphasys Ltd's cash flow statement shows negative free cash flow, reflecting operating challenges. Operating cash flow to net income ratio is negative, indicating insufficient cash generation to cover losses. Financing cash flows are positive, highlighting reliance on external financing to support operations.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
349.34K60.00K15.37K27.15K211.48K0.00
Gross Profit
-316.83K-1.57M-824.86K-922.60K-48.00K-196.23K
EBIT
-3.88M-5.24M-3.63M-2.71M-1.69M-1.26M
EBITDA
-3.06M-3.31M-2.36M-1.39M-1.14M-869.05K
Net Income Common Stockholders
-5.11M-4.44M-3.40M-2.08M-1.49M-1.13M
Balance SheetCash, Cash Equivalents and Short-Term Investments
516.27K277.80K680.58K311.83K2.05M2.01M
Total Assets
10.99M12.43M14.67M14.12M14.58M11.30M
Total Debt
4.30M4.81M6.37M5.56M5.36M1.04M
Net Debt
3.78M4.53M5.69M5.25M3.31M-969.65K
Total Liabilities
4.91M5.59M7.28M6.47M5.97M1.54M
Stockholders Equity
6.07M6.84M7.38M7.65M8.61M9.76M
Cash FlowFree Cash Flow
-3.12M-3.87M-3.23M-2.61M-2.96M-3.02M
Operating Cash Flow
-3.27M-3.23M-1.41M311.82K47.25K120.19K
Investing Cash Flow
-274.88K-711.05K-1.98M-3.08M-3.00M-3.14M
Financing Cash Flow
4.03M3.54M3.75M1.03M2.99M4.11M

Memphasys Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (54)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
54
Neutral
$5.38B3.40-45.06%3.28%16.75%-0.02%
AUMEM
37
Underperform
AU$7.93M-80.47%-41.19%20.93%
$141.37M19.5317.87%
$12.54M-130.18%
AURHT
61
Neutral
AU$19.76M140.00-3.11%89.13%69.57%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:MEM
Memphasys Ltd
0.01
0.00
0.00%
COGZF
Cogstate Ltd
0.84
0.11
15.07%
NXSCF
Next Science Ltd
0.05
-0.14
-73.68%
AU:RHT
Resonance Health Ltd
0.04
-0.02
-33.33%

Memphasys Ltd Corporate Events

Memphasys Limited Appoints New Auditor Amidst Strategic Commercialization Efforts
May 25, 2025

Memphasys Limited has announced a change in its external auditors, appointing BDO Audit Pty Ltd following the resignation of Pitcher Partners. This decision comes as part of a corporate review by the Board, aligning with the company’s strategic move towards the international commercialization of its Felix™ Device.

Memphasys Ltd Completes Share Placement
Apr 17, 2025

Memphasys Ltd has completed a placement of 212,583,334 ordinary shares at $0.006 per share without disclosure under Part 6D.2 of the Corporations Act. The company has ensured compliance with relevant provisions of the Corporations Act, indicating transparency and adherence to regulatory standards, which may bolster investor confidence.

Memphasys Ltd Announces Quotation of New Securities on ASX
Apr 17, 2025

Memphasys Ltd announced the application for quotation of 212,583,334 ordinary fully paid securities on the ASX, issued as part of a previously announced transaction. This move is expected to enhance the company’s market presence and provide additional capital for its operations, potentially impacting its industry positioning and offering new opportunities for stakeholders.

Memphasys Ltd Updates Proposed Securities Issue Dates
Apr 14, 2025

Memphasys Ltd has announced an update regarding the proposed issue of securities, with changes to the issue date and option expiry date now set for April 15, 2025, and April 15, 2027, respectively. This update reflects the company’s strategic financial maneuvers to leverage its ASX Listing Rule 7.1 capacity, potentially impacting its market positioning and providing stakeholders with revised timelines for investment opportunities.

Memphasys Secures Funding to Boost Reproductive Biotech Innovations
Apr 14, 2025

Memphasys Limited has secured A$1.275 million through a strategic placement to advance the commercialisation of its Felix™ and RoXsta™ systems. The funds will support licensing, joint ventures, and distribution agreements, particularly following successful clinical trial results for the Felix™ System, which demonstrated superior performance to existing sperm preparation methods. The RoXsta™ System is gaining traction in veterinary applications, showing potential for livestock reproductive health and early mastitis detection in dairy cattle.

Memphasys Ltd Announces Proposed Securities Issue
Apr 9, 2025

Memphasys Ltd has announced a proposed issue of 212,500,000 new securities, which will be fully paid ordinary shares. This move is part of a placement or other type of issue, with the proposed issue date set for April 11, 2025. This announcement could potentially impact the company’s market positioning by increasing its capital base, which may be used for further business development or operational expansion.

Memphasys Expands RoXsta™ Applications in Livestock Sector
Apr 3, 2025

Memphasys Limited announced the successful completion of a pilot study using its RoXsta™ antioxidant assay system in heifers, which demonstrated the system’s ability to reliably measure antioxidant capacity, though it did not find a significant link between antioxidant levels and pregnancy outcomes. The study highlighted the potential for RoXsta™ in cattle reproduction, particularly in bulls, and identified its promising application in early detection of mastitis in dairy cattle. A larger study with 120 bulls, funded by a multinational veterinary pharmaceutical partner, is planned to further explore these applications, indicating a strong industry interest in the technology.

Memphasys’ Felix™ System Achieves Milestone in ART with Successful Clinical Trial
Mar 24, 2025

Memphasys Limited announced successful results from a pivotal clinical trial for its Felix™ System, confirming its superior performance in sperm selection for ART. The trial demonstrated the system’s efficiency, safety, and preference among laboratory staff over traditional methods, paving the way for regulatory submissions and commercial expansion in multiple global markets. With existing distribution agreements and strategic partnerships, Memphasys is well-positioned to accelerate sales and further commercialize the Felix™ System, reinforcing its status as a leading innovator in sperm separation technology.

Memphasys Initiates Trading Halt Ahead of Felix™ System Trial Results
Mar 19, 2025

Memphasys Limited has requested a trading halt on its securities pending an announcement regarding the results of its 2-year Felix™ System clinical trial. The trading halt is intended to ensure an orderly market, and the company expects to release the announcement before the commencement of trading on March 24, 2025.

Memphasys Secures Loan to Advance Felix System Commercialization
Mar 13, 2025

Memphasys Limited has secured a $472,236 loan against its 2024/25 R&D Tax Rebate to support the commercial activities of its FelixTM System following the completion of clinical trials and CE Mark registration. The loan, which carries a 15% annual interest rate and is repayable from the expected $900k R&D Tax Rebate in September 2025, will also aid in managing the company’s working capital requirements, reflecting Memphasys’ strategic approach to funding its development portfolio.

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.