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NGX Limited (AU:NGX)
ASX:NGX
Australian Market

NGX Limited (NGX) Price & Analysis

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NGX Stock Chart & Stats

AU$0.17
>-AU$0.01(-2.78%)
At close: 4:00 PM EST
AU$0.17
>-AU$0.01(-2.78%)

Bulls Say, Bears Say

Bulls Say
Low Financial LeverageZero reported debt and positive equity provide a durable solvency buffer and financial flexibility. Low leverage reduces bankruptcy risk and supports multi‑month runway while management pursues revenue generation or technology investments, an advantage for an exchange requiring uninterrupted operations.
Durable Exchange Business ModelOperating an exchange and related market infrastructure yields recurring, transaction- and subscription-style revenues (trading fees, listing fees, market data). Network effects and sticky data/connectivity clients create high-margin, durable revenue streams less sensitive to short-term cycles.
Emerging Revenue With High Gross MarginThe appearance of 2025 revenue and a reported full gross profit suggests initial commercial traction and very high incremental margins on revenue. If revenue growth continues, operating leverage could convert high gross profitability into sustainable earnings over time.
Bears Say
Persistent Losses And Cash BurnSustained net losses and materially negative operating and free cash flows indicate the core business consumes cash rather than funds itself. Continued burn pressures liquidity, may force dilutive financing or spending cuts, and undermines the firm's ability to invest in product and market development.
Eroding Equity BaseFalling equity reflects accumulated losses and reduces the capital cushion available for shocks. Even with zero debt, a shrinking equity base limits capacity to absorb future losses, weakens creditworthiness, and raises the probability that management must pursue external capital under unfavorable terms.
Limited Revenue HistoryThree years of zero reported revenue before 2025 make future top-line forecasting and operating‑leverage estimates highly uncertain. Reliance on trade volumes and listings leads to lumpy income and weak visibility, complicating investment planning and making durable margin improvement uncertain.

NGX Limited News

NGX FAQ

What was NGX Limited’s price range in the past 12 months?
NGX Limited lowest share price was AU$0.10 and its highest was AU$0.20 in the past 12 months.
    What is NGX Limited’s market cap?
    Currently, no data Available
    When is NGX Limited’s upcoming earnings report date?
    NGX Limited’s upcoming earnings report date is Mar 18, 2026 which is in 26 days.
      How were NGX Limited’s earnings last quarter?
      Currently, no data Available
      Is NGX Limited overvalued?
      According to Wall Street analysts NGX Limited’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
        Does NGX Limited pay dividends?
        NGX Limited does not currently pay dividends.
        What is NGX Limited’s EPS estimate?
        NGX Limited’s EPS estimate for its next earnings report is not yet available.
        How many shares outstanding does NGX Limited have?
        NGX Limited has 90,611,840 shares outstanding.
          What happened to NGX Limited’s price movement after its last earnings report?
          Currently, no data Available
          Which hedge fund is a major shareholder of NGX Limited?
          Currently, no hedge funds are holding shares in AU:NGX
          What is the TipRanks Smart Score and how is it calculated?
          Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

            Company Description

            NGX Limited

            NGX Limited focuses on the exploration, development of graphite projects in Malawi. It holds 100% interest in the the Nanzeka Project, the Duwi Project, the Malingunde Project, and the Mabuwa project located in Malawi. The Company was incorporated in 2021 and is based in Perth, Australia. NGX Limited was formerly a subsidiary of Sovereign Metals Limited

            NGX Limited (NGX) Earnings & Revenues

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