Nanoveu Ltd. (NVU) AI Stock Analysis

• Market Cap: AU$98.71M
• Dividend Yield: N/A
• Average Volume (3M): 9.28M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.15
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: AU
• Employees: N/A
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): >-0.01
• Shares Outstanding: 987,087,500
• 10 Day Avg. Volume: 7,199,231
• 30 Day Avg. Volume: 9,283,654
• PEG Ratio: -1.64
• Price to Book (P/B): 42.95
• Price to Sales (P/S): 2343.18
• P/FCF Ratio: -7.69
• 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: 49 Neutral
• Price Target: AU$0.10 ▲(8.89% Upside)

The score is primarily constrained by weak financial performance, led by a severe revenue contraction, widening losses, and persistent negative free cash flow. Technicals are comparatively supportive with the price above key moving averages and positive MACD, but mixed momentum limits the uplift. Valuation impact is neutral because P/E and dividend yield were not provided.

Positive Factors

Specialized nanotechnology product portfolio

Nanoveu’s focus on specialty films and coatings for electronic displays reflects a durable, product-focused business model. Niche technical solutions can create barriers to entry and licensing or OEM partnerships that support long-term revenue once commercialization and adoption scale.

Improved leverage versus prior negative equity

Debt-to-equity around 0.34 is a structural improvement from prior negative-equity periods, reducing immediate insolvency risk. This stronger capital structure gives management more optionality for executing turnaround plans or securing financing without acute balance-sheet distress.

Meaningful expansion of asset base

A larger asset base can reflect investments in IP, R&D, or production capability that support future commercialization. If those assets are productive, they provide durable capacity to scale revenues and improve margins once demand recovers or partnerships materialize.

Negative Factors

Severe revenue contraction

A ~91% year-over-year revenue drop is a structural red flag: it erodes scale, prevents fixed-cost absorption, and impairs customer and channel traction. Absent a clear path to re-win volume, the business faces prolonged margin pressure and higher execution risk.

Persistent negative operating and free cash flow

Consistent cash burn and a 21% FCF decline in 2024 indicate the company cannot self-fund operations or growth. Structurally negative cash flow increases reliance on external financing, raising dilution or solvency risk and constraining long-term investment in commercialization.

Deep and widening losses with weak returns

Persistent and expanding losses plus negative ROE show the business is not generating acceptable returns. Structural unprofitability suggests the cost base is misaligned with revenue potential, requiring restructuring or sustained revenue recovery to restore long-term viability.

Nanoveu Ltd. Business Overview & Revenue Model

Company Description

Nanoveu Limited, a technology company, develops and sells nanotechnology applications for consumer devices in the Americas and internationally. The company provides Nanoshield, an antiviral protector, which is available in various mobile phone screen covers and cases, as well as a commercial film for various surface applications. It also offers EyeFly3D that converts 2D digital displays into 3D without the need for 3D glasses. In addition, the company is developing Customskins vending machines for precisely applying screen covers to mobile phones in just over a minute; EyeFyx, a vision correction solution using hardware and software to manipulate screen output; and anti-flamatory coating technology used in plastic laminates for the aviation and transport sectors. The company was incorporated in 2018 and is based in Subiaco, Australia.

How the Company Makes Money

Nanoveu Ltd. generates revenue through the sale of its proprietary products and solutions. The company monetizes its technology by selling Nanoshield screen protectors directly to consumers as well as through distribution partnerships with retailers and device manufacturers. Additionally, the EyeFly3D product line is sold to consumers looking for enhanced visual experiences on their mobile devices. Revenue is further supported by licensing agreements and collaborations with technology partners looking to integrate Nanoveu's nanotechnology into their own products. Significant partnerships with manufacturers and retailers enhance the company's market reach and contribute to its earnings.

Nanoveu Ltd. Financial Statement Overview

Summary

Nanoveu Ltd. faces financial challenges with declining revenues, negative profitability, and liquidity issues. While there is some management of debt, the overall financial health is weak, with consistent losses and negative equity, suggesting high risk and potential need for strategic restructuring.

Income Statement

Nanoveu Ltd. has faced declining revenue over the years, with a TTM revenue of $6,873, a significant drop from previous years. The company consistently reports negative net income, with a TTM net income of -$2,997,708. The gross profit and EBIT margins are negative, reflecting a challenging profitability environment.

Balance Sheet

The company's financial leverage is moderate with a debt-to-equity ratio of approximately 0.35 for the latest period. However, the consistent negative stockholders' equity in recent years is concerning, indicating potential financial instability. Total assets have decreased year-over-year, affecting the equity ratio negatively.

Cash Flow

Nanoveu Ltd. has a negative free cash flow, indicating cash outflows from its operations, and a negative operating cash flow to net income ratio. The recurring negative cash flow from operations highlights potential liquidity issues. Nevertheless, the company has managed financing activities to offset some operational cash outflow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	276.96K	6.87K	102.54K	159.51K	781.21K	367.86K
Gross Profit	172.49K	10.53K	25.27K	72.37K	386.56K	127.70K
EBITDA	-3.90M	-2.73M	-1.98M	-2.45M	-1.97M	-1.67M
Net Income	-4.87M	-2.85M	-2.16M	-2.67M	-2.32M	-1.76M
Balance Sheet
Total Assets	13.81M	1.32M	513.00K	427.33K	2.75M	1.79M
Cash, Cash Equivalents and Short-Term Investments	2.08M	498.30K	73.07K	248.14K	2.01M	1.15M
Total Debt	210.51K	126.33K	225.26K	300.00K	986.68K	333.78K
Total Liabilities	851.46K	983.58K	622.40K	700.75K	1.17M	579.78K
Stockholders Equity	13.07M	374.94K	-109.41K	-273.41K	1.58M	1.21M
Cash Flow
Free Cash Flow	-3.17M	-2.10M	-2.01M	-2.82M	-2.04M	-2.27M
Operating Cash Flow	-3.17M	-2.10M	-2.01M	-2.82M	-2.04M	-2.25M
Investing Cash Flow	-399.83K	-258.66K	0.00	0.00	0.00	-20.91K
Financing Cash Flow	6.14M	2.53M	1.83M	142.12K	2.91M	1.22M

Nanoveu Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.09
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NVU, the sentiment is Positive. The current price of 0.09 is above the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.08, and above the 200-day MA of 0.07, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 65.28 is Neutral, neither overbought nor oversold. The STOCH value of 52.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:NVU.

Nanoveu Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
NVU	49 Neutral	AU$98.71M	―	―	―	―	―
VIG	48 Neutral	AU$30.75M	-102.50	-3.14%	―	2.98%	93.55%
AMX	48 Neutral	AU$26.12M	-3.97	-31.01%	―	-3.43%	-40.65%
XF1	44 Neutral	AU$31.91M	-14.50	―	―	7.32%	67.11%
ICE	38 Underperform	AU$25.53M	-5.45	-135.50%	―	-48.98%	-12.82%
1TT	37 Underperform	AU$914.19K	-0.17	―	―	―	―

Nanoveu Ltd. Corporate Events

Nanoveu Seeks ASX Quotation for Over 6 Million New Shares

Nanoveu Ltd has applied to the ASX for quotation of 6,026,923 new fully paid ordinary shares, to be traded under its existing ticker NVU. The new securities, issued on 24 December 2025 following the exercise or conversion of existing options or other convertible instruments, will expand the company’s quoted share base and marginally increase its access to equity capital, with implications for existing shareholders’ dilution and market liquidity.

Nanoveu Expands Share Capital Through Exercise of Unlisted Options

Nanoveu Limited has issued 6,026,923 new ordinary shares following the exercise of unlisted options, expanding its share capital without a separate disclosure document under Australia’s Corporations Act. The company confirmed it is compliant with its continuous disclosure and financial reporting obligations and that there is no excluded information, signalling a routine capital management move that modestly strengthens its equity base while maintaining regulatory transparency for investors.

Nanoveu Limited Announces Investor Webinar on EMASS SoC Advancements

Nanoveu Limited has announced an investor webinar to discuss the advancements of its subsidiary, EMASS, in ultra-low-power ECS-DoT system-on-chip (SoC) technologies. The webinar will highlight significant milestones such as the tape-out of a new integrated circuit on TSMC’s 16nm FinFET, collaborations with Arrow Electronics and Semtech, and the establishment of a sales network for ECS-DoT solutions. These developments are expected to enhance Nanoveu’s market positioning and offer scalable AI capabilities across various industries.

Nanoveu Advances in Edge AI with 16nm SoC Milestone

Nanoveu Limited’s subsidiary, Embedded A.I. Systems Pte. Ltd (EMASS), has reached a significant milestone with its 16nm ECS-DoT AIoT system-on-chip (SoC), completing the front-end, synthesis, and physical design stages. This development positions Nanoveu at the forefront of ultra-low-power Edge AI technology, integrating advanced features such as on-chip Bluetooth Low Energy, expanded on-chip memory, and enhanced AI acceleration, which collectively promise to improve energy efficiency and reduce costs for connected devices.

Nanoveu Updates ASX Announcement on Edge AI Collaboration

Nanoveu Limited announced an amendment to its previous ASX announcement regarding its collaboration with EMASS and Semtech on low-power edge AI. The amendment involved the removal of an incorrectly displayed Semtech logo, with no new material information affecting the release. This collaboration enhances Nanoveu’s portfolio, positioning it as a key player in the rapidly growing 3D content, AI, and edge computing markets.

Nanoveu Limited Announces Director Departure and Lapse of Performance Rights

Nanoveu Limited has announced that Michael Winlo has ceased to be a director of the company as of December 1, 2025. This change results in the automatic lapse of 2,500,000 Performance Rights previously held by Mr. Winlo, leaving him with no direct or indirect interest in the company’s Performance Rights. This development may impact the company’s governance structure and could have implications for its strategic direction.

Nanoveu Ltd. Appoints New Director with Performance-Based Incentives

Nanoveu Ltd. has announced the appointment of Mohamed Sabry Aly as a director, effective December 1, 2025. As part of his engagement, the company has agreed to issue him 5,000,000 performance rights, contingent upon the company achieving certain stock price milestones. This appointment and the associated performance rights reflect Nanoveu’s strategic focus on strengthening its leadership team to drive future growth and achieve market objectives.

Nanoveu Limited Strengthens Leadership with New Board Appointments

Nanoveu Limited has announced the appointment of Professor Mohamed Sabry Aly and Mr. Raymond Chen as directors, effective December 1, 2025. Professor Aly, a non-independent non-executive director, brings significant technical expertise from his work in embedded AI and semiconductor technologies, while Mr. Chen, the current CFO, adds extensive financial and corporate experience. These appointments are part of Nanoveu’s strategic growth initiatives as the company seeks to enhance its leadership and pursue collaborations with global corporations. The company is also searching for additional strategic advisors to support its growth in edge-AI, IoT, drone, and semiconductor technologies.

Nanoveu Advances Edge-AI Leadership with Key Milestones and U.S. Expansion

Nanoveu Limited has achieved significant milestones in its edge-AI initiatives, including a 60% increase in drone flight time through ultra-low-power AI control and advancements in its 16nm chip development. The company has expanded its U.S. sales network and completed a dual listing on the OTCQB, enhancing its North American market access. Strategic funding has been secured to support these initiatives, positioning Nanoveu for further commercial growth and strengthening its leadership in edge-AI innovation.

Nanoveu Ltd. Announces New Share Issuance on ASX

Nanoveu Ltd. has announced the issuance of 4,500,000 fully paid ordinary shares, which will be quoted on the Australian Securities Exchange (ASX) under the code NVU. This move is part of the company’s strategy to leverage convertible securities, potentially enhancing its capital structure and market presence.

Nanoveu Limited Issues Shares and Explores New Distribution Opportunities

Nanoveu Limited has issued 4,500,000 ordinary shares following the exercise of unlisted options, as announced in compliance with the Corporations Act. The company is in preliminary discussions with a third party regarding potential distribution arrangements for its EyeFly3D products, although no binding agreements have been made. This development could impact Nanoveu’s market positioning and stakeholder interests, particularly in the 3D content and visualization sectors.