Multistack International Limited (MSI) AI Stock Analysis

• Market Cap: AU$681.52K
• Dividend Yield: N/A
• Average Volume (3M): N/A
• Price to Earnings (P/E): ―
• Beta (1Y): 0.93
• Revenue Growth: -55.07%
• EPS Growth: N/A
• Country: AU
• Employees: 7
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): 0.02
• Shares Outstanding: 136,303,920
• 10 Day Avg. Volume: N/A
• 30 Day Avg. Volume: N/A
• PEG Ratio: >-0.01
• Price to Book (P/B): -0.14
• Price to Sales (P/S): 1.46
• P/FCF Ratio: -1.11
• 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: 24 Underperform
• Price Target: ―

Multistack International Limited's overall stock score is severely impacted by significant financial challenges, including consistent losses and high leverage. The lack of technical data and poor valuation metrics further exacerbate the negative outlook. The company needs a strategic overhaul to improve its financial health.

Multistack International Limited Business Overview & Revenue Model

Company Description

Multistack International Limited (MSI) is a prominent company operating in the heating, ventilation, and air conditioning (HVAC) industry. It specializes in the design, manufacture, and distribution of energy-efficient and environmentally friendly air conditioning and refrigeration systems. MSI is recognized for its innovative solutions that cater to a wide range of commercial and industrial applications, providing reliable thermal management solutions to clients globally.

How the Company Makes Money

MSI generates revenue primarily through the sale of its HVAC products and solutions. The company's key revenue streams include the design and manufacturing of air conditioning systems, refrigeration units, and related components, which are sold to commercial and industrial customers worldwide. Additionally, MSI derives income from providing maintenance and support services for its products, ensuring optimal performance and customer satisfaction. Strategic partnerships with suppliers and distributors also play a crucial role in expanding its market reach and enhancing its revenue potential. The company's focus on energy efficiency and environmental sustainability aligns with global trends, further driving demand for its offerings.

Multistack International Limited Financial Statement Overview

Summary

Multistack International Limited faces significant financial challenges, showing consistent losses, high leverage, and declining asset and revenue bases. The company’s income statement, balance sheet, and cash flow all indicate severe operational inefficiencies and financial distress, requiring immediate strategic restructuring.

Income Statement

The income statement shows significant challenges in profitability and revenue growth. The company has a negative net income consistently, with a deteriorating revenue trend over the recent years. Gross Profit Margins are also fluctuating, indicating instability in cost management or pricing strategies. EBIT and EBITDA margins are negative, reflecting operational inefficiencies.

Balance Sheet

The balance sheet reflects strong financial distress with a negative stockholders' equity, indicating accumulated losses surpassing total assets. Debt-to-Equity ratios are not meaningful due to negative equity, and the company is highly leveraged, increasing financial risk. Assets are declining, and there is a significant negative equity position.

Cash Flow

Cash flow analysis shows consistent negative operating and free cash flows, indicating the company is not generating sufficient cash from operations. The Operating Cash Flow to Net Income Ratio is negative, showing cash flow issues and profitability concerns. Despite financing activities, the cash flow position remains weak.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	225.18K	374.03K	1.76M	632.80K	643.85K	600.82K
Gross Profit	75.86K	120.32K	-74.19K	329.89K	114.01K	125.89K
EBITDA	-828.19K	-1.39M	-668.00K	-859.00K	-931.00K	-1.23M
Net Income	1.86M	-1.68M	-892.00K	-1.83M	-1.13M	-368.00K
Balance Sheet
Total Assets	1.71M	3.80M	3.30M	5.05M	5.59M	4.77M
Cash, Cash Equivalents and Short-Term Investments	1.54M	975.61K	646.82K	1.47M	2.02M	1.01M
Total Debt	918.46K	4.91M	3.37M	3.49M	3.40M	2.38M
Total Liabilities	2.88M	7.65M	5.47M	6.33M	5.04M	4.29M
Stockholders Equity	-1.17M	-3.86M	-2.18M	-1.29M	546.08K	479.05K
Cash Flow
Free Cash Flow	1.64M	-493.31K	-729.87K	-2.79M	-530.21K	-364.10K
Operating Cash Flow	1.64M	-493.31K	-729.87K	-2.79M	-530.21K	-296.23K
Investing Cash Flow	0.00	0.00	634.00	641.26K	25.95K	-2.57M
Financing Cash Flow	-1.26M	822.10K	-93.38K	-91.55K	1.52M	2.64M

Multistack International Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RDG	74 Outperform	―	―	―	―	66.22%	20.83%
ZGL	70 Outperform	AU$30.04M	3.42	13.07%	―	13.43%	22.19%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
AEI	49 Neutral	AU$13.81M	―	―	―	-0.52%	-38.84%
MSG	39 Underperform	AU$1.19M	1.08	-61.10%	―	―	51.22%
3DA	38 Underperform	AU$265.62M	―	-59.01%	―	722.02%	-0.77%
MSI	24 Underperform	AU$681.52K	―	―	―	-55.07%	―

Multistack International Limited Corporate Events

Multistack International Resolves Dispute and Executes Asset Sale

During the first quarter of 2025, Multistack International Limited did not make any chiller sales but resolved a legal dispute with Danfoss, resulting in a settlement of AUD 2,232,547. The company also announced the execution of an Asset Sale Deed with Super Link Company Limited, discharging a loan obligation of A$3,546,975 by transferring Verdicorp’s assets, including ORC technology. These developments are expected to impact the company’s financial stability and operational focus.

Multistack International Reports Strong Cash Inflow Due to Settlement

Multistack International Limited reported a significant net cash inflow from operating activities for the quarter ending March 31, 2025, primarily due to a substantial settlement from Danfoss. This financial boost has positively impacted the company’s cash position, despite ongoing expenses in product manufacturing, staff, and corporate costs. The announcement highlights the company’s strengthened financial footing, which may enhance its operational capabilities and market competitiveness.

Multistack International Releases 2024 Financial Report

Multistack International Limited has released its consolidated financial report for the year ended December 31, 2024. The report includes comprehensive financial statements and declarations from the directors and auditors. This release is crucial for stakeholders as it provides insights into the company’s financial health and operational performance, potentially impacting its market positioning and investor relations.

Multistack International to Hold Virtual AGM in 2025

Multistack International Limited has announced its thirty-fifth Annual General Meeting (AGM) to be held virtually on May 28, 2025, via Zoom. The meeting will cover the company’s financial statements, the adoption of the remuneration report, and the re-election of directors. Shareholders are encouraged to participate remotely by joining the live meeting, submitting questions in advance, or lodging a proxy. This virtual format ensures broader participation and engagement from stakeholders, reflecting the company’s commitment to transparency and inclusivity in its governance practices.

Multistack Settles Loan with Asset Sale to Super Link

Multistack International Limited has announced that Super Link Company Limited has exercised its option to acquire the Verdicorp ORC assets. This transaction, approved by shareholders and independent directors, allows Multistack to settle its outstanding loan obligations with Super Link, amounting to A$3,546,975, by transferring the Verdicorp assets, including the ORC technology, to Super Link.

Multistack International Releases 2024 Financial Report

Multistack International Limited has released its consolidated financial report for the year ended 31 December 2024. This report provides insights into the company’s financial performance and position, which is crucial for stakeholders to assess its operational efficiency and market standing. The report includes various financial statements and declarations, highlighting the company’s commitment to transparency and regulatory compliance.

Multistack International Reports Decline in Revenue Amid Industry Challenges

Multistack International Limited reported a significant decline in revenues by 78.79% to $374,032 for the year ending December 31, 2024, and an increased net loss of $1,679,290, reflecting an 88.24% rise from the previous year. Despite challenges such as reduced chiller sales and cautious consumer spending, the company is optimistic about its new cost-effective modular air-cooled chiller and continues to focus on the data center industry. Furthermore, a settlement agreement with Danfoss has ended arbitration, which the company believes will aid in the re-engineering and future commercial success of its ORC products.

Multistack International Finalizes Settlement with Danfoss, Secures New Service Agreements

Multistack International Limited has reached a settlement with Danfoss, resolving a dispute involving rights and support under previous agreements. The settlement includes a cash payment to Multistack, product credits, and new service agreements, enhancing Multistack’s market position as an approved service provider for Danfoss products in multiple territories. This agreement is poised to positively impact Multistack’s financial operations, potentially aiding in the resolution of existing loans and strengthening its service capabilities across key regions.