Nexion Group Ltd. (NNG) AI Stock Analysis

• Market Cap: AU$4.05M
• Dividend Yield: N/A
• Average Volume (3M): 0.00
• Price to Earnings (P/E): ―
• Beta (1Y): -4.49
• Revenue Growth: -50.39%
• EPS Growth: -74.68%
• Country: US
• Employees: N/A
• Sector: Services
• Sector Strength: N/A
• Industry: Software - Infrastructure
• EPS (TTM): N/A
• Shares Outstanding: 202,307,860
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: 0.08
• Price to Book (P/B): -0.80
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.39
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 42 Neutral
• Price Target: AU$0.02 ▼(-5.00% Downside)

The score is driven primarily by very weak financial performance (zero revenue in 2025, ongoing losses, negative equity, and continued cash burn). Technicals are neutral-to-risky due to flat trend but extremely overbought momentum readings. Valuation is constrained by negative earnings (negative P/E) and no dividend yield support.

Positive Factors

Strategic Focus Shift

The strategic shift towards AI and data center operations positions Nexion to capitalize on high-growth sectors, potentially enhancing long-term revenue streams and market positioning.

Governance Enhancement

Improved governance can enhance operational efficiency and strengthen shareholder relations, supporting sustainable business practices and strategic execution.

Recurring Revenue Streams

Stable recurring revenue streams provide predictable cash flow, aiding in financial planning and reducing reliance on volatile income sources.

Negative Factors

Zero Revenue

Zero revenue and persistent losses highlight a critical challenge in achieving profitability, threatening long-term viability unless revenue generation improves.

Negative Shareholder Equity

Negative equity limits financial flexibility and increases risk, potentially hindering investment and growth opportunities unless addressed.

Continued Suspension on ASX

Prolonged suspension from trading can erode investor confidence and restrict access to capital markets, affecting liquidity and growth prospects.

Nexion Group Ltd. Business Overview & Revenue Model

Company Description

NEXION Group Ltd operates as an information technology service provider primarily in Australia. It provides global network, compute, security, and data storage solutions as-a-service integrated with public cloud services to form the NEXION OneCloud, a hybrid cloud solution. The company sells its OneCloud capacity and technology management services to enterprise customers. It offers enterprise ICT managed services. The company was incorporated in 2018 and is based in Perth, Australia.

How the Company Makes Money

Nexion Group Ltd. generates revenue through a multi-faceted approach centered around its cloud and IT services. The primary revenue streams include subscription-based services for cloud infrastructure, which provide recurring income as clients pay for access to computing resources and storage. Additionally, the company earns from network connectivity solutions, where businesses pay for secure and reliable internet and intranet services. Managed IT services, which include IT support, maintenance, and consulting, represent another significant income stream. These services are often provided on a contract basis, ensuring steady revenue flow. Partnerships with technology providers and strategic alliances also play a crucial role in expanding the company’s service offerings and reaching new markets, further contributing to its earnings.

Nexion Group Ltd. Financial Statement Overview

Summary

Financial health is very weak: revenue declined to zero in 2025, losses remain persistent despite narrowing, shareholder equity is negative (major balance-sheet risk), and operating/free cash flow are still negative even though cash burn improved in 2024–2025.

Income Statement

Operating performance is very weak. Revenue fell sharply from 2024 to 2025 (down to zero in 2025), and the business has produced persistent losses across all years shown. While losses narrowed meaningfully in 2025 versus 2024, profitability remains deeply negative and margins are not yet demonstrating a stable, scalable model.

Balance Sheet

The balance sheet is strained by negative shareholder equity in 2023–2025, which is a major financial risk signal and limits flexibility. Debt remains sizable (roughly A$1.7–2.2M) while total assets are relatively low (about A$1.0–1.1M in 2024–2025), indicating a thin capital base. Equity was positive in 2020–2022, but the reversal into negative equity highlights deterioration in underlying financial stability.

Cash Flow

Cash generation is consistently negative, with operating cash flow and free cash flow both below zero in every year except a near-breakeven operating cash flow in 2020. That said, cash burn improved materially in 2024 and again in 2025 versus 2023, suggesting cost control and/or working-capital improvements. Free cash flow remains negative overall, so funding needs likely persist unless profitability and collections improve.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2023	Dec 2023
Income Statement
Total Revenue	5.15M	0.00	6.42M	7.94M	7.94M	7.94M
Gross Profit	1.31M	-26.15K	1.82M	-434.48K	-434.48K	-434.48K
EBITDA	-1.24M	-965.70K	-1.15M	-2.91M	-2.91M	-2.91M
Net Income	-500.65K	-767.74K	-1.92M	-3.48M	-3.48M	-3.48M
Balance Sheet
Total Assets	1.01M	1.09M	1.01M	3.51M	3.51M	3.51M
Cash, Cash Equivalents and Short-Term Investments	218.50K	9.19K	71.91K	321.19K	321.19K	321.19K
Total Debt	2.56M	1.70M	2.05M	1.74M	1.74M	1.74M
Total Liabilities	4.78M	5.12M	4.33M	4.97M	4.97M	4.97M
Stockholders Equity	-3.77M	-4.04M	-3.32M	-1.46M	-1.46M	-1.46M
Cash Flow
Free Cash Flow	-659.93K	-737.43K	-568.83K	-2.30M	-2.30M	-2.30M
Operating Cash Flow	-653.93K	-737.21K	-556.83K	-2.25M	-2.25M	-2.25M
Investing Cash Flow	63.03K	74.64K	-9.69K	107.83K	107.83K	107.83K
Financing Cash Flow	612.85K	639.78K	317.24K	1.22M	1.22M	1.22M

Nexion Group Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Neutral
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NNG, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a bearish trend. The MACD of >-0.01 indicates Neutral momentum. The RSI at 100.00 is Negative, 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 Negative sentiment for AU:NNG.

Nexion Group Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
SEN	48 Neutral	AU$36.80M	-1.23	-64.51%	4.99%	-38.38%	-275.50%
WHK	44 Neutral	AU$7.78M	-2.63	―	―	13.07%	68.60%
NNG	42 Neutral	AU$4.05M	-1.45	―	―	-50.39%	-74.68%
FCT	42 Neutral	AU$14.85M	-1.22	-54.62%	―	-22.47%	39.26%
KNO	42 Neutral	AU$5.62M	-3.61	-23.31%	―	2.15%	-900.00%

Nexion Group Ltd. Corporate Events

Nexion Group Ltd Updates Constitution to Enhance Governance

Nexion Group Ltd has updated its constitution following a special resolution by its members, incorporating amendments made by shareholders. This change reflects the company’s ongoing efforts to align its governance structure with its strategic objectives, potentially impacting its operational efficiency and shareholder relations.

NEXION Group Ltd AGM Results and Resolution Withdrawal

NEXION Group Ltd, a company listed on the Australian Securities Exchange (ASX: NNG), held its Annual General Meeting on November 27, 2025. During the meeting, three resolutions were voted on, with two being carried and one not carried. Notably, the resolution regarding the adoption of an Employee Incentive Securities Plan was withdrawn and not put to a vote. This decision could impact the company’s future employee incentive strategies.

Nexion Group Ltd Faces Continued Suspension on ASX

Nexion Group Ltd, listed on the ASX, has announced the continuation of the suspension of its securities from quotation. This follows the company’s decision not to proceed with a previously proposed transaction and the completion of the disposal of its main undertaking. The suspension will remain in place until the ASX is satisfied with Nexion Group’s compliance with its listing rules, which may impact the company’s market operations and investor relations.

Nexion Group Ltd Completes Sale of Nexion Networks and Blue Sky Telecom

Nexion Group Ltd has completed the sale of Nexion Networks and Blue Sky Telecom to Pier DC Pty Ltd, allowing the company to concentrate on high-growth opportunities in artificial intelligence and business intelligence through its subsidiary, Fuse Forward Pty Ltd. This strategic move enables Nexion to focus on data center operations, infrastructure management, and the sales and support of its AI-enabled predictive analytics software platform, Fuse Intelligence. The transaction is expected to streamline Nexion’s operations and enhance its market positioning, with recurring revenue from vendor finance receivables and a data center maintenance contract totaling $42,567 per month. Nexion plans to build a new team in Perth to drive sales revenue and seeks ASX approval for its shares to resume trading.

NEXION Group’s Options Set to Expire Amid Trading Suspension

NEXION Group Ltd announced that its 21,581,338 quoted options, trading under ASX code NNGO and exercisable at $0.10 each, will expire on 31 December 2025. The options are currently ‘out of the money’ with the company’s share price at $0.02, and the company has been suspended from trading for over three months, impacting the likelihood of these options being exercised.

NEXION Group Sells Networks Business to Focus on AI and Data Center Operations

NEXION Group Ltd announced the sale of its networks business to Pier DC Pty Ltd for $4.1 million, marking a strategic shift in focus towards data center operations and the FuseAI software platform. Post-sale, NEXION will generate recurring revenue from vendor finance repayments and a data center maintenance contract, while building a new team in Perth to drive sales in technical infrastructure maintenance and optimization software. The company plans to seek ASX approval to resume trading its shares in the coming quarter.

NEXION Group Shareholders Approve Key Resolution at General Meeting

NEXION Group Ltd, a company listed on the Australian Securities Exchange under the ticker NNG, held a General Meeting on October 29, 2025, where shareholders voted on a resolution regarding the disposal of the company’s main undertaking. The resolution was passed with a significant majority, indicating strong shareholder support for the company’s strategic decisions. This outcome may impact NEXION Group’s future operations and strategic direction, potentially affecting its market positioning and stakeholder interests.