MPower Group Limited (MPR) AI Stock Analysis

• Market Cap: AU$2.75M
• Dividend Yield: N/A
• Average Volume (3M): 70.63K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.16
• Revenue Growth: -6.86%
• EPS Growth: -157.23%
• Country: AU
• Employees: 241
• Sector: Technology
• Sector Strength: 83
• Industry: Solar
• EPS (TTM): >-0.01
• Shares Outstanding: 343,703,280
• 10 Day Avg. Volume: 4,021
• 30 Day Avg. Volume: 70,625
• PEG Ratio: <0.01
• Price to Book (P/B): -1.86
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -0.52
• 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

• Rating: 37 Underperform
• Price Target: ―

MPower Group Limited's overall score is primarily impacted by significant financial difficulties, including persistent losses, negative equity, and cash flow issues. Technical analysis shows a lack of momentum, and the valuation indicates potential overvaluation. The cumulative effect of these challenges results in a low score, highlighting the company's need for strategic adjustments to improve its financial and operational stability.

MPower Group Limited Business Overview & Revenue Model

Company Description

MPower Group Limited designs and delivers renewable energy, battery storage, and microgrid solutions for blue chip corporate and government customers in Australia. The company engages in the design, construction, installation, and commissioning of power system projects; and monitoring, and service and maintenance of power system assets. It also finances power system projects. The company was formerly known as Tag Pacific Limited and changed its name to MPower Group Limited in January 2019. MPower Group Limited was incorporated in 1963 and is based in Sydney, Australia.

How the Company Makes Money

MPower Group Limited makes money through the sale and installation of solar power systems and energy storage solutions. Their revenue streams include direct sales of solar panels and related equipment, service contracts for installation and maintenance, and long-term energy management solutions. Additionally, the company may engage in strategic partnerships with other clean energy firms and utility companies to expand its market reach and leverage shared technologies, contributing to its earnings growth.

MPower Group Limited Financial Statement Overview

Summary

MPower Group Limited's financial statements indicate significant challenges. The company faces persistent net losses, negative equity, and cash flow deficits. Despite some improvement in gross profit margin, the overall financial health remains weak, with high leverage and reliance on external financing posing risks to sustainability.

Income Statement

MPower Group Limited's income statement reveals a challenging financial position. The gross profit margin improved significantly from negative to positive in the latest year, indicating some operational improvement. However, the net profit margin remains negative due to consistent net losses, and EBIT and EBITDA margins are also negative, reflecting ongoing operational challenges. Revenue growth is weak, with a slight increase in the latest year, but overall declines over the past few years suggest difficulties in scaling the business.

Balance Sheet

The company's balance sheet shows significant financial stress, with negative stockholders' equity indicating insolvency on paper. This is further compounded by a high debt-to-equity ratio due to negative equity, suggesting high leverage and financial risk. The equity ratio is also negative, highlighting potential solvency issues.

Cash Flow

The cash flow statement indicates significant cash flow challenges. The operating cash flow remains negative, and free cash flow is also consistently negative, indicating that the company is struggling to generate sufficient cash from operations. The company has relied heavily on financing activities to cover its cash flow deficits.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
4.36M	4.51M	4.44M	3.71M	11.04M	10.86M
	Gross Profit
3.39M	3.31M	-1.38M	-1.96M	-744.00K	-857.00K
	EBIT
241.00K	-1.48M	-2.94M	-3.23M	-2.36M	-3.04M
	EBITDA
-740.00K	1.29M	-2.09M	-2.71M	-1.51M	-1.65M
	Net Income Common Stockholders
-3.10M	-735.00K	1.96M	-3.54M	-2.34M	-3.28M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.63M	212.00K	238.00K	537.00K	3.53M	6.52M
	Total Assets
17.00M	26.07M	17.12M	2.94M	7.07M	10.51M
	Total Debt
8.49M	21.88M	14.55M	6.13M	6.51M	6.64M
	Net Debt
6.87M	21.67M	14.31M	5.59M	2.98M	118.00K
	Total Liabilities
17.86M	26.69M	18.01M	7.40M	8.17M	13.48M
	Stockholders Equity
-1.28M	-618.00K	-892.00K	-4.46M	-1.10M	-3.72M
Cash Flow		Free Cash Flow
-5.31M	-8.99M	-1.74M	-2.58M	-5.51M	-71.00K
	Operating Cash Flow
553.00K	-1.63M	-1.57M	-2.31M	-5.32M	195.00K
	Investing Cash Flow
-5.86M	-7.36M	361.00K	-266.00K	-1.44M	6.61M
	Financing Cash Flow
2.82M	8.96M	914.00K	-416.00K	3.77M	-2.94M

MPower Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$11.80B	10.37	-7.29%	2.91%	7.39%	-7.96%
MPR	37 Underperform	AU$2.75M	―		―	-6.86%	-157.23%
MMMKF		$14.45M	―	-44.65%	―	―	―
REFXF		$16.66M	―		―	―	―
O9C		$23.30M	―	-0.86%	―	―	―
CXL	47 Neutral	AU$66.54M	―	-26.71%	―	15.24%	8.35%
GEN		AU$26.62M	―	-38.00%	―	―	―

MPower Group Limited Corporate Events

MPower Group Limited Announces Director’s Interest Change

MPower Group Limited has announced a change in the director’s interest, specifically involving Nathan Wise. The change involves the expiry of 780,000 unlisted ESOP options held indirectly through various entities, resulting in a decrease in the number of unlisted ESOP options held by Investment Associates Pty Limited. This adjustment reflects a strategic financial decision impacting the director’s holdings but does not alter the number of ordinary shares or listed options held by the associated entities.

Mpower Group Limited Announces Cessation of Securities

Mpower Group Limited announced the cessation of 1,205,000 securities due to the expiry of options or other convertible securities without exercise or conversion as of May 31, 2025. This development may impact the company’s capital structure and investor relations, as it reflects a change in the company’s issued capital and could influence market perceptions and stakeholder interests.

MPower Group Limited Announces Cessation of Securities

MPower Group Limited has announced the cessation of 210,000 securities due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This development may impact the company’s capital structure and could have implications for investors and stakeholders, reflecting on the company’s ability to meet certain financial conditions or strategic objectives.

MPower Group Strengthens Position with Strategic Asset Sales and Project Advancements

MPower Group Limited has successfully completed the sale of its Narromine Renewable Energy Project to AMPYR Distributed Energy, converting a $10 million project funding facility into equity. This transaction is expected to result in a gain of approximately $700K for MPower, enhancing its financial position. Additionally, the company has secured new finance facilities to support ongoing operations and continues to advance its pipeline of renewable energy projects. The sale of development assets associated with the Faraday Renewable Energy Project is also underway, with estimated proceeds of $0.5 million, further strengthening MPower’s strategic positioning in the renewable energy market.