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Neurotech International Ltd. (AU:NTI)
ASX:NTI
Australian Market

Neurotech International (NTI) AI Stock Analysis

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AU:NTI

Neurotech International

(Sydney:NTI)

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Neutral 43 (OpenAI - 5.2)
Rating:43Neutral
Price Target:
AU$0.01
▼(-30.00% Downside)
The score is held down primarily by weak financial performance: persistent heavy losses, worsening free cash flow, and a materially reduced equity base despite zero debt. Technicals also point to a weak trend with negative MACD and the price below longer-term moving averages. Valuation is difficult to support because the company is loss-making (negative P/E) and no dividend yield is shown.
Positive Factors
Minimal leverage / zero debt
Zero reported debt meaningfully lowers solvency risk for a pre-revenue/early-revenue biotech. This durable balance-sheet characteristic preserves financial flexibility, reduces fixed servicing costs, and lengthens runway from equity or partnership financing before interest burdens would constrain R&D investment.
High product gross margin
A reported 100% gross margin indicates favorable direct product economics or low COGS at current scale. Sustainably high gross margins provide a structural opportunity: if the company controls operating expenses or scales revenue, product-level profitability can flow quickly to the bottom line, supporting long-term unit economics.
Focused therapeutic niche and R&D
Concentrated R&D in neurological and neurodevelopmental disorders with cannabinoid-based candidates creates domain expertise and a defensible niche. This specialization supports durable competitive advantages in clinical know-how, regulatory familiarity and potential partnership interest from larger pharma targeting CNS portfolios.
Negative Factors
Persistent negative free cash flow
Consistently negative and worsening free cash flow is a structural constraint: FY2025 FCF near -A$9.0m forces reliance on external financing or dilutive capital raises to fund clinical programs. Until operating cash flow turns positive, the company faces ongoing funding risk that can delay development timelines.
Large operating losses relative to revenue
Operating costs far exceed current revenue, producing deeply negative EBIT and net margins. This structural mismatch shows the business is not close to self-sustaining: without substantial revenue scale-up or material cost reduction, losses will persist and impair the company's ability to fund R&D organically.
Materially reduced equity base
A sharply reduced equity base reflects cumulative losses and likely past dilution, weakening the capital buffer against setbacks. Lower equity increases sensitivity to future negative shocks and heightens dependence on external funding, raising the probability of further dilutive raises to maintain operations and clinical progress.

Neurotech International (NTI) vs. iShares MSCI Australia ETF (EWA)

Neurotech International Business Overview & Revenue Model

Company DescriptionNeurotech International Limited, together with its subsidiaries, engages in the research, design, development, and manufacture of medical devices and solutions in Australia. The company is focused on development and commercializing Mente platform, a platform technology to monitor and play role in home-based therapies. Its product includes Mente Autism for the diagnosis and treatment of autism. It also engages in executing of medical research projects; and developing of technological devices. The company was incorporated in 2016 and is based in Nedlands, Australia.
How the Company Makes MoneyNeurotech International Ltd. generates revenue primarily through the sale of its medical devices and related solutions. The company's key revenue streams include direct sales to healthcare providers, licensing agreements, and partnerships with medical institutions. NTI also invests in research and development to enhance its product offerings, which can lead to increased adoption and market penetration. Significant partnerships with healthcare organizations and collaborations in clinical trials further contribute to its revenue by expanding its reach and validating its products' efficacy in treating neurological conditions.

Neurotech International Financial Statement Overview

Summary
FY2025 revenue rebounded to ~A$2.44m, but profitability remains extremely weak with very large operating losses and net losses relative to revenue. Cash flow is a major constraint, with consistently negative operating/free cash flow and FY2025 free cash flow around -A$9.0m. The balance sheet benefits from zero debt, but equity has fallen materially versus FY2024, reflecting sustained losses and funding pressure.
Income Statement
18
Very Negative
Revenue rebounded sharply in FY2025 (to ~A$2.44m from a near-zero base in FY2024), but profitability remains very weak. Despite FY2025 showing a 100% gross margin, the company is still deeply loss-making with EBIT and net margins around -4.4x revenue, indicating operating costs far exceed current scale. Losses have persisted for years, and the earnings profile remains highly volatile and dependent on reaching materially higher revenue levels.
Balance Sheet
52
Neutral
The balance sheet is helped by minimal leverage, with total debt at A$0 in recent years and a 0.0 debt-to-equity ratio (reducing solvency risk). However, equity has been volatile (including negative equity in FY2020) and is down materially versus FY2024 (A$3.0m in FY2025 vs A$11.9m in FY2024), reflecting ongoing losses and potential dilution/capital movements. Returns on equity are strongly negative in FY2025, highlighting that capital is not currently generating profits.
Cash Flow
20
Very Negative
Cash generation remains a key concern as operating cash flow and free cash flow are consistently negative, with FY2025 free cash flow of about -A$9.0m (worse than FY2024’s ~-A$4.6m). The company is burning cash faster as activity ramps, and cash flow is not self-funding at this stage. While free cash flow roughly tracks net losses, the funding requirement remains high until operating losses narrow materially.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue2.44M2.44M1.96K5.96K38.26K206.14K
Gross Profit2.44M2.44M-5.87K4.21K-535.21K-238.72K
EBITDA-10.74M-10.74M-8.24M-8.98M-3.36M-7.43M
Net Income-10.60M-10.60M-5.07M-7.79M-3.36M-7.43M
Balance Sheet
Total Assets3.24M3.24M12.21M5.31M2.02M5.01M
Cash, Cash Equivalents and Short-Term Investments3.03M3.03M11.63M5.03M1.90M4.83M
Total Debt0.000.000.000.000.000.00
Total Liabilities285.74K285.74K314.70K1.35M592.98K1.14M
Stockholders Equity2.95M2.95M11.90M3.96M1.43M3.86M
Cash Flow
Free Cash Flow-9.02M-9.02M-4.60M-6.32M-2.96M-2.32M
Operating Cash Flow-9.02M-9.02M-4.60M-6.32M-2.96M-2.32M
Investing Cash Flow0.000.000.000.00-3.21K0.00
Financing Cash Flow429.53K429.53K11.19M9.45M26.40K7.13M

Neurotech International Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.02
Price Trends
50DMA
0.02
Negative
100DMA
0.02
Negative
200DMA
0.02
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
44.05
Neutral
STOCH
-100.00
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NTI, the sentiment is Negative. The current price of 0.02 is above the 20-day moving average (MA) of 0.01, above the 50-day MA of 0.02, and above the 200-day MA of 0.02, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 44.05 is Neutral, neither overbought nor oversold. The STOCH value of -100.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:NTI.

Neurotech International Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
51
Neutral
AU$24.72M-2.58-103.74%14.84%39.64%
48
Neutral
AU$34.03M-5.45-58.27%-7.20%28.70%
43
Neutral
AU$18.15M-1.36-142.71%-87.88%-83.93%
42
Neutral
AU$5.42M-3.55-55.00%
42
Neutral
AU$13.34M-0.51-385.20%126.62%33.53%
37
Underperform
AU$12.36M-0.64-1476.79%-2.82%32.47%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:NTI
Neurotech International
0.01
-0.03
-68.18%
AU:AT1
Atomo Diagnostics Ltd.
0.04
0.02
110.00%
AU:ADR
Adherium Ltd.
0.01
0.00
0.00%
AU:IRX
InhaleRx Limited
0.02
<0.01
4.76%
AU:CBL
Control Bionics Ltd.
0.06
<0.01
13.21%
AU:OSL
OncoSil Medical Ltd
0.71
-0.24
-25.26%

Neurotech International Corporate Events

Neurotech Wins Ethics Approval for Pivotal Phase 3 Autism Trial of NTI164
Feb 2, 2026

Neurotech International has secured Human Research Ethics Committee approval to begin its Beyond Harmony Phase 3 clinical study of NTI164 in individuals with autism spectrum disorder Levels 2 and 3, a pivotal step in its strategy to commercialise the cannabinoid-based therapy for paediatric neurological conditions. The trial, designed using robust data from earlier ASD studies showing clinically meaningful symptom and quality-of-life improvements, aims to generate registration-ready evidence for regulators in Australia and the United States, strengthening Neurotech’s pathway toward market authorisation, expanding its clinical footprint in both regions, and potentially enhancing its positioning in the emerging neurodevelopmental therapeutics market.

The most recent analyst rating on (AU:NTI) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Neurotech International stock, see the AU:NTI Stock Forecast page.

Neurotech Advances Lead Paediatric Neurology Drug NTI164 with New FDA Designation, Data and Funding
Jan 30, 2026

Neurotech International reported a pivotal quarter marked by the US FDA granting Rare Pediatric Disease Designation to its lead drug NTI164 for Rett syndrome, adding to existing US and European Orphan Drug Designations and significantly enhancing the program’s regulatory, commercial and partnering appeal through potential access to priority review, tax incentives and extended market exclusivity. Supporting its broader paediatric neurology strategy, new clinical and mechanistic data from an open-label Phase I/II trial of NTI164 in children with PANS were published in the high-impact journal Neurotherapeutics, showing the therapy was well tolerated and delivered statistically significant improvements across key disease domains while normalising dysregulated epigenetic, ribosomal and immune pathways, thereby strengthening the scientific rationale for NTI164 across multiple neuroinflammatory paediatric indications. Financially, Neurotech bolstered its balance sheet with approximately $4 million raised via a placement backed by both new and existing investors, alongside a $4.73 million R&D tax incentive refund, funding IND-enabling toxicology, registration-focused clinical development and regulatory activities as the company advances NTI164 toward later-stage trials and positions itself for future regulatory engagement and potential partnering discussions.

The most recent analyst rating on (AU:NTI) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Neurotech International stock, see the AU:NTI Stock Forecast page.

Neurotech’s NTI164 PANS Data Published in Leading Journal, Bolstering Paediatric Neuro Portfolio
Jan 14, 2026

Neurotech International has reported that clinical and mechanistic data for its proprietary medicinal cannabis‑derived drug NTI164 in paediatric acute‑onset neuropsychiatric syndrome (PANS) have been published in Neurotherapeutics, a high‑impact peer‑reviewed journal, reinforcing the scientific credibility of its development pipeline. In a 12‑week Phase I/II open‑label study of 14 children with chronic, relapsing PANS, NTI164 was well tolerated and delivered statistically significant improvements across key disease domains including overall disease severity, anxiety, obsessive‑compulsive symptoms, tics, ADHD symptoms and quality of life. Multi‑omics analyses showed that PANS is associated with widespread dysregulation of epigenetic, ribosomal and immune pathways, which were significantly normalised following NTI164 treatment, providing molecular evidence that the drug modulates core disease mechanisms. Publication of both the clinical outcomes and mechanistic data in a leading journal is being positioned by management as an important validation step that strengthens NTI164’s scientific foundation and underpins its continued development for PANS and other paediatric neuroinflammatory indications, potentially enhancing Neurotech’s standing among clinicians, regulators and investors in the paediatric neurology space.

The most recent analyst rating on (AU:NTI) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Neurotech International stock, see the AU:NTI Stock Forecast page.

Neurotech Issues New Shares, Affirms Regulatory Compliance
Dec 24, 2025

Neurotech International has issued new ordinary fully paid shares without a prospectus under the Corporations Act, confirming that it remains compliant with its financial reporting and continuous disclosure obligations and that there is no excluded information that would reasonably be expected in a formal disclosure document. The board-authorised move signals routine capital management by the clinical-stage paediatric neurology specialist, with the company emphasising regulatory compliance as it advances development of its NTI164 cannabinoid therapy across multiple neurological indications.

Neurotech Seeks ASX Quotation for 246.7 Million New Shares
Dec 24, 2025

Neurotech International has applied to the ASX for quotation of 246.7 million new ordinary fully paid shares, expanding its listed securities on the Australian market. The issuance, lodged via an Appendix 2A application and tied to previously flagged transactions, significantly increases the company’s share count and is likely to affect its capital structure and liquidity profile for existing and prospective shareholders.

Neurotech Director’s 5 Million Options Lapse, Reducing Potential Equity Exposure
Dec 23, 2025

Neurotech International has disclosed a change in director Gerald Quigley’s interests, confirming the lapse of 5,000,000 unlisted options (NTIOPT20, exercisable at $0.10 and expiring 23 December 2025), which were held directly. Following this lapse, Quigley’s remaining interest is an indirect holding of 277,777 fully paid ordinary shares via a nominee and custodial structure, with no cash consideration involved and no trades occurring during a closed period, indicating a reduction in his potential equity exposure while leaving his existing shareholding intact.

Neurotech Options Lapse, Streamlining Capital Structure
Dec 23, 2025

Neurotech International Limited has allowed 5 million unlisted options, exercisable at $0.10 and due to expire on 23 December 2025, to lapse without being exercised. The expiry of these options reduces the company’s pool of potential future equity issuance, slightly simplifying its capital structure but having no immediate impact on the number of ordinary shares on issue or existing shareholders’ current holdings.

Neurotech International Secures $4 Million to Advance Paediatric Neurological Treatments
Dec 17, 2025

Neurotech International has secured binding commitments for a $4 million placement from both existing and new investors, with directors also participating. The funds will be used to advance NTI164’s non-clinical toxicology and clinical programs, regulatory submissions, and general working capital, strengthening the company’s position in developing treatments for paediatric neurological disorders.

Neurotech International Initiates Trading Halt for Capital Raising Announcement
Dec 14, 2025

Neurotech International Limited has requested a trading halt on its securities pending an announcement related to a capital raising initiative. This move indicates a strategic step by the company to potentially enhance its financial resources, which could impact its market positioning and stakeholder interests.

Neurotech International’s AGM Reflects Strong Shareholder Support
Nov 20, 2025

Neurotech International Limited held its Annual General Meeting, where all resolutions were determined by a poll. The meeting’s outcomes, including the adoption of the remuneration report and re-election of Mark Davies, were carried successfully, indicating strong shareholder support. This meeting underscores Neurotech’s stable governance and continued focus on advancing its clinical programs, potentially enhancing its position in the biopharmaceutical industry.

Neurotech Secures $4.73 Million R&D Tax Incentive for Clinical Advancements
Nov 12, 2025

Neurotech International Limited has received a $4.73 million R&D tax incentive refund from the Australian Government for the financial year ending June 2025. The company plans to use these funds to further develop its clinical pipeline for paediatric neurological disorders and support its working capital, potentially enhancing its operational capabilities and market position in the biopharmaceutical industry.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Feb 05, 2026