Noumi Limited (NOU) AI Stock Analysis

• Market Cap: AU$41.57M
• Dividend Yield: N/A
• Average Volume (3M): 43.80K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.71
• Revenue Growth: 4.22%
• EPS Growth: -199.40%
• Country: AU
• Employees: 500
• Sector: Consumer Defensive
• Sector Strength: 71
• Industry: Packaged Foods
• EPS (TTM): -0.55
• Shares Outstanding: 277,109,300
• 10 Day Avg. Volume: 32,556
• 30 Day Avg. Volume: 43,799
• PEG Ratio: <0.01
• Price to Book (P/B): -0.11
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 1.19
• 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: AU$0.24
• Price Target Upside: 60.00% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

Noumi Limited's overall stock score reflects significant financial challenges with consistent net losses and negative equity, despite slight improvements in some areas. Technical indicators suggest a neutral market view, while valuation metrics highlight the company's ongoing unprofitability. The absence of earnings call insights or corporate events limits additional context for investors.

Noumi Limited Business Overview & Revenue Model

Company Description

Noumi Limited (NOU) is an Australian-based company operating in the food and beverage industry. It specializes in the development, production, and distribution of a wide range of dairy and plant-based products. The company is known for its focus on innovative and health-oriented offerings, catering to both domestic and international markets.

How the Company Makes Money

Noumi Limited generates revenue through the sale of its diverse product portfolio, which includes dairy beverages, plant-based drinks, and nutritional products. The company capitalizes on consumer trends towards healthier and sustainable food options. Key revenue streams include retail sales across supermarkets and online platforms, as well as distribution partnerships with food service providers. Noumi's earnings are significantly influenced by its ability to innovate and expand its product line to meet changing consumer preferences, alongside maintaining strong distribution networks domestically and abroad.

Noumi Limited Financial Statement Overview

Summary

Noumi Limited exhibits a challenging financial profile with consistent net losses and negative equity over recent years. While there is a slight improvement in revenue and operating cash flow, the company faces significant leverage and solvency issues. Positive free cash flow is a small positive sign, but overall financial stability and profitability need substantial enhancement.

Income Statement

Noumi Limited's revenue has shown some growth, increasing from AUD 551.6 million in 2023 to AUD 589.8 million in 2024, representing a growth rate of 6.93%. However, the net profit margin remains negative due to consistent net losses, with a negative net income of AUD 98.3 million in 2024. The company also reports negative EBITDA, indicating operational inefficiencies. While gross profit margin improved slightly to 24.71% in 2024, the overall profitability remains weak.

Balance Sheet

The balance sheet reveals significant financial instability, with a negative stockholders' equity of AUD 304.94 million in 2024, indicating potential insolvency risk. The debt-to-equity ratio is not calculable due to negative equity, and the company is highly leveraged with total debt exceeding total assets. Noumi Limited's equity ratio is negative, highlighting a concerning level of liabilities compared to assets.

Cash Flow

The cash flow statement shows some improvement in operating cash flow to AUD 15.83 million in 2024, but free cash flow growth remains volatile. The free cash flow turned positive from a negative position in 2023, suggesting some operational cash generation capability. However, cash flow ratios remain weak due to the negative net income, limiting the assessment of operational efficiency.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
592.40M	589.79M	551.56M	522.34M	559.07M	580.19M
	Gross Profit
152.30M	145.75M	133.87M	98.42M	97.31M	2.23M
	EBIT
49.69M	33.92M	26.66M	-62.89M	2.69M	-138.65M
	EBITDA
-19.42M	-87.90M	-6.37M	-122.53M	30.39M	-108.02M
	Net Income Common Stockholders
-152.75M	-98.33M	-46.91M	-160.74M	-53.18M	-174.51M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
26.46M	21.57M	18.56M	16.21M	31.67M	17.17M
	Total Assets
279.94M	316.20M	377.95M	420.13M	538.67M	681.90M
	Total Debt
563.24M	533.76M	491.00M	455.01M	462.39M	486.97M
	Net Debt
536.78M	519.17M	472.44M	438.80M	430.73M	469.80M
	Total Liabilities
667.33M	621.14M	581.49M	569.14M	537.18M	620.90M
	Stockholders Equity
-387.39M	-304.94M	-203.54M	-149.01M	1.49M	61.00M
Cash Flow		Free Cash Flow
34.84M	10.81M	-49.00K	-46.87M	-56.67M	-122.71M
	Operating Cash Flow
39.82M	15.83M	4.31M	-40.86M	-54.01M	-98.68M
	Investing Cash Flow
1.74M	1.84M	2.22M	-3.93M	13.50M	-28.45M
	Financing Cash Flow
-23.58M	-21.64M	-4.18M	29.33M	53.80M	84.13M

Noumi Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.15
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NOU, the sentiment is Negative. The current price of 0.15 is below the 20-day moving average (MA) of 0.15, above the 50-day MA of 0.15, and below the 200-day MA of 0.16, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 50.77 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:NOU.

Noumi Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ING	76 Outperform	€1.44B	16.05	38.76%	5.22%	1.77%	-15.93%
Sector *	64 Neutral	$8.77B	14.68	4.78%	173.90%	3.25%	2.18%
BGA	64 Neutral	€1.72B	50.09	3.35%	1.91%	4.28%	―
NOU	46 Neutral	AU$41.57M	―		―	4.22%	-199.40%

Noumi Limited Corporate Events

Noumi Limited’s Class Action Settlement Reviewed by Court

Noumi Limited has announced that the Victorian Supreme Court has reviewed the Plaintiffs’ application to approve the terms of a settlement reached in a class action case from October last year. The court has set a timetable for further submissions from the Plaintiffs and Group Members, while reserving its judgment. This development is a significant step in resolving ongoing legal matters, potentially impacting Noumi’s operational focus and stakeholder confidence.

Noumi Limited Reports Revenue Growth Amid Operational Improvements

Noumi Limited reported a 0.9% increase in revenue to $299.3 million for the first half of FY25, driven by strong sales in its Plant-based Milks segment, which achieved record adjusted operating EBITDA. Despite a net loss after tax of $82.1 million, largely due to non-cash adjustments and impairments, the company demonstrated improved operational performance with a 19% rise in adjusted operating EBITDA. The company remains focused on sustainable growth and addressing legacy issues to enhance future profitability.

Noumi Limited Reports Revenue Growth Amidst Significant Losses

Noumi Limited reported a 0.9% increase in revenues to $299.3 million for the half-year ended December 31, 2024, with an adjusted operating EBITDA rising by 19% to $27.5 million. However, the company faced a significant loss of $82.1 million, attributed to fair value expenses of convertible notes and impairment of non-financial assets. This financial performance raises concerns about the company’s ability to continue as a going concern, as highlighted by the auditors’ review report.