Mad Paws Holdings Ltd. (MPA) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 165.91K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.31
• Revenue Growth: 2.47%
• EPS Growth: -39.88%
• Country: AU
• Employees: 100
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Personal Products & Services
• EPS (TTM): N/A
• Shares Outstanding: 411,894,440
• 10 Day Avg. Volume: 46,951
• 30 Day Avg. Volume: 165,913
• PEG Ratio: 0.26
• Price to Book (P/B): 7.70
• Price to Sales (P/S): 5.18
• P/FCF Ratio: -154.21
• 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: AU$0.13
• Price Target Upside: -7.14% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 46 Neutral
• Price Target: AU$0.00 ▼(-100.00% Downside)

Mad Paws Holdings Ltd. faces significant financial challenges, with declining revenues and negative cash flows being the most impactful factors. While technical indicators suggest some bullish momentum, the stock's valuation is concerning due to negative earnings. The absence of earnings call data and corporate events limits the analysis to financial performance, technical analysis, and valuation.

Mad Paws Holdings Ltd. Business Overview & Revenue Model

Company Description

Mad Paws Holdings Limited operates pet care services online marketplace in Australia. It operates through two segments: Marketplace, and Ecommerce and Subscription. The company's marketplace marches and connects pet owners seeking pet care services, such as pet sitting, walking, day care, and grooming with pet sitters and walkers, and other pet service providers. It also offers pet food subscription products; pet training and boarding services; and pet medication and premium healthcare products; as well as pet insurance services. In addition, the company engages in distribution and sale of pet foods and beds, as well as toys and treats. Mad Paws Holdings Limited was incorporated in 2014 and is based in Pyrmont, Australia.

How the Company Makes Money

Mad Paws Holdings Ltd. generates revenue through a commission-based model, where it takes a percentage of the fees paid by pet owners for services rendered by pet service providers listed on its platform. Key revenue streams include commissions from pet sitting, dog walking, and grooming services. Additionally, MPA may earn income from premium subscriptions and advertising partnerships with pet-related businesses. Significant partnerships with pet product companies and veterinary services also contribute to its earnings, as they help drive traffic to the platform and enhance the overall value offered to users.

Mad Paws Holdings Ltd. Financial Statement Overview

Summary

Mad Paws Holdings Ltd. demonstrates strong revenue growth but struggles with profitability and cash flow. Despite a stable balance sheet, the company faces operational challenges that need addressing to ensure long-term financial health.

Income Statement

Mad Paws Holdings Ltd. has demonstrated significant revenue growth over the years, with a compound increase from 2019 to 2024. However, the company remains unprofitable with consistent negative net income and EBIT margins. Despite improved gross profit margins in recent years, the overall profitability metrics reflect ongoing operational challenges and inefficiencies.

Balance Sheet

The company's balance sheet shows a moderate debt-to-equity ratio, with a positive equity base, indicating some financial resilience. However, the equity ratio has decreased over time, and the company’s return on equity remains negative due to continued net losses, highlighting the need for improved profitability to leverage equity effectively.

Cash Flow

While Mad Paws Holdings Ltd. has managed to reduce its negative free cash flow in recent periods, operating cash flow remains negative, indicating ongoing liquidity challenges. The free cash flow to net income ratio reflects a struggle to convert revenue growth into positive cash flow, which raises concerns about sustainable cash generation.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	27.94M	8.90M	7.82M	24.59M	9.83M	2.85M
Gross Profit	7.22M	4.70M	3.65M	4.44M	-2.62M	-7.60M
EBITDA	-5.72M	-4.49M	-2.00M	-5.86M	-10.20M	-11.85M
Net Income	-8.92M	-12.27M	-7.22M	-7.48M	-10.51M	-11.93M
Balance Sheet
Total Assets	31.48M	22.08M	32.70M	31.88M	32.76M	16.94M
Cash, Cash Equivalents and Short-Term Investments	4.02M	1.67M	2.46M	3.09M	5.56M	12.49M
Total Debt	3.99M	1.90M	2.96M	2.87M	1.50M	28.50K
Total Liabilities	17.24M	16.09M	14.66M	13.28M	11.32M	2.96M
Stockholders Equity	14.24M	5.99M	18.04M	18.60M	21.43M	13.98M
Cash Flow
Free Cash Flow	-810.97K	-299.02K	-1.95M	-5.63M	-7.45M	-4.06M
Operating Cash Flow	-796.28K	-293.23K	-407.11K	-3.98M	-6.40M	-3.73M
Investing Cash Flow	-1.04M	-496.30K	-1.54M	-1.66M	-6.29M	-1.34M
Financing Cash Flow	2.28M	364.32K	1.32M	3.16M	5.77M	16.57M

Mad Paws Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.14
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MPA, the sentiment is Positive. The current price of 0.14 is below the 20-day moving average (MA) of 0.14, above the 50-day MA of 0.14, and above the 200-day MA of 0.09, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 56.98 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:MPA.

Mad Paws Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
STP	79 Outperform	AU$95.45M	7.54	24.28%	13.20%	2.76%	1.93%
MTO	69 Neutral	AU$245.04M	13.60	8.86%	3.91%	11.62%	―
BBN	66 Neutral	AU$373.71M	39.04	8.94%	1.03%	4.72%	465.60%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
AHX	61 Neutral	AU$148.99M	176.09	0.68%	2.47%	1.11%	-84.06%
AMA	56 Neutral	AU$459.43M	465.00	-4.58%	―	13.54%	66.00%
MPA	46 Neutral	―	―	-57.04%	―	2.47%	-39.88%

Mad Paws Holdings Ltd. Corporate Events

Mad Paws Reports Solid Q2 Performance Amid Strategic Transition

Mad Paws Holdings Limited reported a solid performance in its June 2025 quarterly activities and cash flow report, with group operating revenues reaching $6.7 million, a 2% increase from the previous corresponding period. The company is undergoing significant strategic changes, including a proposed acquisition by Rover Group, Inc., which aims to acquire Mad Paws’ online marketplace business. Additionally, Mad Paws plans to divest its Pet Chemist business and close down its remaining e-commerce brands, Sash and Waggly, as part of the transition. The company demonstrated resilience with positive operating cash flow of $0.8 million, driven by improved operating performance and disciplined working capital management.

The most recent analyst rating on (AU:MPA) stock is a Buy with a A$0.13 price target. To see the full list of analyst forecasts on Mad Paws Holdings Ltd. stock, see the AU:MPA Stock Forecast page.

Mad Paws Holdings Ltd. Announces Change in Substantial Holder Interests

Mad Paws Holdings Ltd. has announced a change in the interests of a substantial holder, Harvest Lane Asset Management and its associated entities. The notice indicates a change in voting power, reflecting an increase from 7.41% to 8.74% based on the current shares on issue. This change in substantial holding could impact the company’s governance and decision-making processes, potentially influencing its strategic direction and shareholder dynamics.

The most recent analyst rating on (AU:MPA) stock is a Buy with a A$0.13 price target. To see the full list of analyst forecasts on Mad Paws Holdings Ltd. stock, see the AU:MPA Stock Forecast page.

Mad Paws Holdings Ltd. Announces Proposed Securities Issue

Mad Paws Holdings Ltd. announced a proposed issue of 5,126,551 ordinary fully paid securities, with the issuance date set for September 1, 2025. This move is part of a placement or other type of issue, which could potentially enhance the company’s capital base and support its operations, further strengthening its market position in the pet services industry.

The most recent analyst rating on (AU:MPA) stock is a Buy with a A$0.12 price target. To see the full list of analyst forecasts on Mad Paws Holdings Ltd. stock, see the AU:MPA Stock Forecast page.

Mad Paws Agrees to Acquisition by Rover Group and Divests Pet Chemist

Mad Paws Holdings Ltd. has entered into a Scheme Implementation Deed with Rover Group, Inc., under which Rover will acquire 100% of Mad Paws shares. The acquisition is valued at approximately $62 million, with shareholders receiving $0.14 per share, representing a significant premium over recent trading prices. As part of the deal, Mad Paws will divest its Pet Chemist business to VetPartners Australia for $13 million and close its Sash and Waggly e-commerce divisions. The board recommends the scheme, which is subject to shareholder and regulatory approvals, and has received support from major shareholders.

The most recent analyst rating on (AU:MPA) stock is a Buy with a A$0.12 price target. To see the full list of analyst forecasts on Mad Paws Holdings Ltd. stock, see the AU:MPA Stock Forecast page.

Mad Paws Holdings Ltd. Announces Cessation of Securities

Mad Paws Holdings Ltd. announced the cessation of certain securities, specifically options that have lapsed due to unmet conditions. This cessation involves a total of 316,212 securities, indicating a strategic adjustment in the company’s capital management. The lapse of these options may impact the company’s financial structuring and could influence investor perceptions, although it primarily reflects an internal realignment rather than an external market shift.

The most recent analyst rating on (AU:MPA) stock is a Buy with a A$0.12 price target. To see the full list of analyst forecasts on Mad Paws Holdings Ltd. stock, see the AU:MPA Stock Forecast page.