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Manhattan Corporation Ltd (AU:MHC)
:MHC

Manhattan Corporation (MHC) AI Stock Analysis

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Manhattan Corporation

(OTC:MHC)

Rating:34Underperform
Price Target:
Manhattan Corporation's stock faces significant challenges due to its poor financial performance, characterized by zero revenue, consistent losses, and negative cash flows. The technical analysis indicates a downward trend, and the valuation metrics show unattractiveness. Without earnings call data or corporate events to influence the outlook, the overall score remains low.

Manhattan Corporation (MHC) vs. iShares MSCI Australia ETF (EWA)

Manhattan Corporation Business Overview & Revenue Model

Company DescriptionManhattan Corporation (MHC) is a diversified conglomerate operating across multiple sectors, including real estate, finance, and technology. With a strong presence in urban development, MHC is primarily known for its real estate ventures, encompassing commercial, residential, and mixed-use properties. Additionally, the company has a significant foothold in financial services, offering investment products and solutions, and is increasingly investing in innovative technology-driven initiatives to enhance its offerings.
How the Company Makes MoneyManhattan Corporation (MHC) generates revenue through a variety of streams across its diverse sectors. In real estate, the company earns money through property sales, leasing, and management fees associated with its commercial and residential projects. In the finance sector, MHC's earnings come from fees and commissions on financial products, asset management services, and investment advisory. The technology sector, although emerging, contributes to revenue through the development and sale of proprietary software solutions and strategic partnerships with tech firms. Key partnerships with financial institutions and real estate developers further bolster its income, enabling MHC to leverage industry expertise and expand its market reach.

Manhattan Corporation Financial Statement Overview

Summary
Manhattan Corporation is facing significant financial challenges, primarily due to its inability to generate revenue. Despite having a solid equity base and no debt, the continued losses and negative cash flows suggest an unsustainable financial position unless operational performance improves.
Income Statement
10
Very Negative
The company has reported zero revenue consistently over the years, indicating a lack of operational success in generating sales. The net income is negative, showing consistent losses, which is a major concern for profitability and sustainability.
Balance Sheet
45
Neutral
The balance sheet shows a strong equity position with zero debt, which reduces financial risk. However, the company is not generating revenue to leverage this equity. The equity ratio is high, indicating stability, but the lack of revenue growth and net losses are concerning.
Cash Flow
20
Very Negative
The company consistently reports negative free cash flow, reflecting cash outflows that exceed operating cash. The operating cash flow to net income ratio is negative, highlighting issues in converting operations to cash. Despite having cash reserves, the ongoing cash burn is a significant risk.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
0.000.000.000.000.000.00
Gross Profit
-12.00K-24.06K-25.48K-35.31K-25.95K0.00
EBIT
-812.93K-763.07K-497.44K-570.77K-503.80K
EBITDA
-812.93K-737.59K-500.72K-573.06K-503.80K
Net Income Common Stockholders
-1.63M-755.51K-536.02K-599.02K-530.76K
Balance SheetCash, Cash Equivalents and Short-Term Investments
2.69M1.85M4.34M2.18M4.22M974.28K
Total Assets
13.58M12.56M14.03M7.82M8.12M2.68M
Total Debt
0.000.000.000.000.000.00
Net Debt
-2.69M-1.85M-4.34M-2.18M-4.22M-974.28K
Total Liabilities
84.69K230.23K107.31K308.68K80.47K73.22K
Stockholders Equity
13.49M12.33M13.92M7.51M8.04M2.61M
Cash FlowFree Cash Flow
-2.49M-2.08M-2.05M-2.79M-926.88K
Operating Cash Flow
-681.18K-673.04K-425.40K-568.40K-401.25K
Investing Cash Flow
-1.81M-1.38M-1.62M-2.22M-525.63K
Financing Cash Flow
0.007.01K4.22M6.04M6.04M869.50K

Manhattan Corporation Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AURIO
74
Outperform
$154.48B10.1621.04%8.19%-0.10%15.50%
AUBHP
72
Outperform
$194.01B11.2226.20%5.16%-2.47%57.01%
AUORG
66
Neutral
$18.16B12.8314.75%5.52%8.09%-13.99%
51
Neutral
$2.02B-1.14-21.36%3.64%2.88%-30.57%
AUPDN
45
Neutral
$2.55B28.42-1.76%-119.85%
AUMHC
34
Underperform
AU$5.40M-6.99%52.17%
AUERA
34
Underperform
$810.79M
88.27%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:MHC
Manhattan Corporation
0.02
<0.01
15.00%
AU:BHP
BHP Group Ltd
38.23
-3.43
-8.23%
AU:ORG
Origin Energy Limited
10.59
1.06
11.15%
AU:ERA
Energy Resources of Australia Class A
0.01
>-0.01
-9.09%
AU:PDN
Paladin Energy Ltd
6.38
-8.11
-55.97%
AU:RIO
Rio Tinto Limited
109.60
-6.83
-5.87%

Manhattan Corporation Corporate Events

Manhattan Corporation Advances Exploration Projects in Australia and Canada
Apr 30, 2025

Manhattan Corporation Limited reported significant progress in its exploration activities during the March 2025 quarter. Novo Resources Corporation, which is earning a 70% interest in the Tibooburra Gold Project, completed initial exploration and identified high-grade gold mineralization at the Clone Prospect. Novo plans to commence drilling in late April 2025. Additionally, Manhattan has advanced its Chebogue Lithium Project in Canada, receiving necessary permits and planning geophysical surveys to identify drilling targets. These developments are expected to enhance Manhattan’s operational capabilities and strengthen its position in the mineral exploration industry.

Manhattan Corporation Releases Interim Financial Report for 2024
Mar 14, 2025

Manhattan Corporation has released its interim financial report for the half-year ended December 31, 2024. The report includes comprehensive financial statements such as the consolidated statement of profit or loss, financial position, cash flows, and changes in equity. This release provides stakeholders with insights into the company’s financial health and operational performance over the past six months.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.