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Nexion Group Ltd.
(Sydney:NNG)
Nexion Group Ltd. (NNG) vs. iShares MSCI Australia ETF (EWA)
Nexion Group Ltd. Business Overview & Revenue Model
Nexion Group Ltd. Financial Statement Overview
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 6.42M | 7.94M | 6.75M | 2.18M | 3.80M |
| Gross Profit | 1.82M | -434.48K | 2.98M | 445.38K | -412.86K |
| EBITDA | -1.15M | -2.91M | -5.27M | -3.72M | -962.09K |
| Net Income | -1.92M | -3.48M | -6.57M | -4.14M | -1.23M |
Balance Sheet | |||||
| Total Assets | 1.01M | 3.51M | 6.35M | 7.72M | 10.78M |
| Cash, Cash Equivalents and Short-Term Investments | 71.91K | 321.19K | 1.28M | 4.85M | 7.57M |
| Total Debt | 2.05M | 1.74M | 2.25M | 1.99M | 1.90M |
| Total Liabilities | 4.33M | 4.97M | 5.05M | 2.96M | 2.93M |
| Stockholders Equity | -3.32M | -1.46M | 1.30M | 4.76M | 7.85M |
Cash Flow | |||||
| Free Cash Flow | -568.83K | -2.30M | -3.30M | -3.19M | -9.72K |
| Operating Cash Flow | -556.83K | -2.25M | -3.26M | -3.18M | 4.19K |
| Investing Cash Flow | -9.69K | 107.83K | -1.80M | -365.79K | -13.92K |
| Financing Cash Flow | 317.24K | 1.22M | 1.47M | 8.30M | 63.43K |
Nexion Group Ltd. Technical Analysis
Nexion Group Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | AU$7.78M | 47.78 | -2.18% | ― | -2.13% | 81.58% | |
62 Neutral | $35.05B | 6.90 | -11.57% | 2.06% | 6.28% | -15.90% | |
46 Neutral | AU$8.53M | ― | ― | 16.26% | 62.58% | ||
42 Neutral | AU$29.13M | ― | -54.77% | ― | -14.50% | -77.33% | |
41 Neutral | AU$31.46M | ― | -31.58% | ― | 22.29% | 64.62% | |
35 Underperform | AU$4.05M | ― | ― | -50.39% | -74.68% |
Nexion Group Ltd. Corporate Events
NEXION Group Ltd has reported a transformative quarter marked by strategic realignment and operational success. The company has strengthened its financial position by divesting a 2MW data centre in Perth and reactivating its subsidiary, Fuse Forward, to focus on AI-enabled business intelligence systems for heavy industries. The networks business continues to perform robustly, securing new contracts and expanding its customer base, particularly in Western Australia’s mining sector. The decision to discontinue a previously announced transaction allows NEXION to focus on high-growth opportunities, enhancing shareholder value and reinforcing its position as a trusted provider of network and infrastructure management services.
NEXION Group Ltd has completed the sale of its subsidiary, Nexion W1 DC Pty Ltd, which owns the Nexion data centre, to Carrier Connect Data Solutions Inc. for AUD $2,500,000. This transaction allows NEXION to strengthen its financial position and focus on its core network and software businesses. The sale is expected to maintain stable revenue for NEXION, as it will continue invoicing customers and receive payment for performing daily data centre operations, while Carrier assumes responsibility for the data centre’s operating costs.
The Australian Securities Exchange (ASX) has announced the suspension of several entities that have failed to meet reporting deadlines. These entities, including A1 Investments Resources Ltd and Advanced Health Intelligence Ltd, have been suspended for over three months and face removal from the official list if they do not comply with ASX’s requirements within specified deadlines. This announcement highlights the ASX’s commitment to maintaining transparency and accountability among listed entities, impacting stakeholders by potentially affecting the trading status and market perception of the involved companies.
NEXION Group Ltd announced the issuance of 700,000 convertible notes at $0.10 each, raising $70,000 to fund a proposed acquisition. These unsecured notes mature on 31 May 2026 with a 10% annual interest rate and are subject to shareholder approval for conversion into shares. The company expects to repay the notes in cash, impacting its financial strategy and potential acquisition plans.
NEXION Group Ltd has issued 800,000 convertible notes at $0.10 each to raise $80,000, intended to fund costs related to a proposed acquisition. These unsecured notes mature on 31 May 2026, with an interest rate of 10% per annum, and can be repaid in cash or converted into shares, subject to certain conditions. The company expects to repay the notes in full in cash, without issuing conversion securities.
NEXION Group Ltd has appointed John Bell as its new Chief Financial Officer, effective immediately. With over 20 years of experience in the financial sector, particularly in telecommunications and information technology, Mr. Bell brings extensive expertise in corporate transactions, including mergers and acquisitions, IPOs, and capital raisings. This strategic appointment is expected to strengthen NEXION’s financial operations and enhance its market positioning.
NEXION Group Ltd has signed a non-binding letter of intent to sell its subsidiary, Nexion W1 DC Pty Ltd, which owns its data centre, to Canadian company Carrier Connect Data Solutions Inc. for AUD $2.5 million. The proceeds from the sale will be used to repay debt, cover administrative expenses, and provide working capital, with the transaction expected to be net cash positive for Nexion. There are no proposed changes to the board or senior management as a result of this transaction.
NEXION Group Ltd has announced the appointment of Jan de Jager as the new Chief Financial Officer, effective from 11 May 2025. Jan brings over 25 years of experience in finance and business development roles across various international companies, which is expected to strengthen NEXION’s financial strategies. John Bell, the outgoing CFO, will remain as a director of the company, ensuring continuity in leadership.