Orcoda Limited (ODA) AI Stock Analysis

• Market Cap: AU$12.38M
• Dividend Yield: N/A
• Average Volume (3M): 32.71K
• Price to Earnings (P/E): 13.1
• Beta (1Y): 1.30
• Revenue Growth: -33.93%
• EPS Growth: -366.67%
• Country: AU
• Employees: 10
• Sector: Industrials
• Sector Strength: 72
• Industry: Integrated Freight & Logistics
• EPS (TTM): >-0.01
• Shares Outstanding: 187,514,200
• 10 Day Avg. Volume: 21,481
• 30 Day Avg. Volume: 32,710
• PEG Ratio: 0.01
• Price to Book (P/B): 0.69
• Price to Sales (P/S): 0.67
• P/FCF Ratio: -11.53
• 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: Hold
• Number of Analyst Covering: 0

• Rating: 50 Neutral
• Price Target: AU$0.00 ▼(-100.00% Downside)

Orcoda Limited's overall stock score is primarily impacted by its challenging financial performance, with declining revenues and profitability. Technical analysis indicates a bearish trend, while valuation metrics are weak due to negative earnings. The lack of earnings call data and corporate events means these factors do not influence the score.

Orcoda Limited Business Overview & Revenue Model

Company Description

Orcoda Limited provides smart technology transport logistics and transport services for the healthcare, transportation, distribution, and resources sectors in Australia. The company operates in two segments, Resource Logistics, and Healthcare and Transport Logistics. It offers solutions that combine software, management expertise, and contracting services. The company provides Orcoda Notify, a delivery tracking app; and Orcoda Workforce Logistics System, a digital platform that enables control over workforces in various phases and project lifecycles across project personnel, contractors, and suppliers. It also offers Orcoda Logistics Management System, a software that optimize, integrate, and digitally transform customer's transport operations offered to healthcare and transport logistics providers; healthcare logistics, a transport management solution, which improves client outcomes through optimizing transport services delivery; transport logistics solution that incorporates operational and customer service rules, which optimizes fleet's schedule; and resource logistics solution that contracts, manages, and digitally connects projects in oil and gas, mining, and infrastructure. The company was formerly known as SmartTrans Holdings Limited and changed its name to Orcoda Limited in August 2018. Orcoda Limited was incorporated in 1983 and is headquartered in Melbourne, Australia.

How the Company Makes Money

Orcoda Limited generates revenue through a combination of software licensing, technology services, and consultancy fees. The company's primary revenue streams include the sale and implementation of its proprietary software solutions designed to enhance operational efficiency across logistics and transport industries. Additionally, Orcoda provides ongoing support and maintenance services, which generate recurring income. Significant partnerships with industry players in transport and healthcare sectors further contribute to its earnings by expanding its market reach and customer base. The company capitalizes on its expertise in logistics technology to offer tailored solutions that address the specific needs of its clients, thereby creating value and driving revenue growth.

Orcoda Limited Financial Statement Overview

Summary

Orcoda Limited faces significant financial challenges, with declining revenues and profitability impacting its income statement. The balance sheet shows controlled leverage but poor returns on equity. Cash flow improvements are overshadowed by underlying volatility and operational inefficiencies. The company needs to address revenue generation and cost management to improve its financial health.

Income Statement

Orcoda Limited's income statement reveals a challenging financial period. The company experienced a significant decline in revenue by 17.36% in the most recent year, indicating a downturn in business activity. Gross profit margin decreased to 12.14%, reflecting reduced efficiency in managing production costs. The net profit margin turned negative at -14.95%, highlighting losses. Both EBIT and EBITDA margins are negative, suggesting operational inefficiencies. Despite past revenue growth, the recent decline and negative profitability metrics present concerns.

Balance Sheet

The balance sheet shows a moderate financial position. The debt-to-equity ratio is relatively low at 0.23, indicating manageable leverage. However, the return on equity is negative at -15.18%, reflecting poor profitability relative to shareholder investment. The equity ratio stands at 71.92%, suggesting a solid equity base relative to total assets. While leverage is under control, the negative ROE and declining equity highlight potential risks.

Cash Flow

Cash flow analysis indicates mixed results. Free cash flow grew significantly by 169.47%, but this is from a negative base, indicating volatility. The operating cash flow to net income ratio is negative, suggesting cash flow challenges in covering net losses. The free cash flow to net income ratio is positive at 1.09, indicating some ability to generate cash relative to net income. Despite improvements in free cash flow, overall cash flow stability remains a concern.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	16.70M	16.70M	25.07M	19.91M	16.07M	7.65M
Gross Profit	2.03M	2.03M	5.16M	3.82M	3.56M	1.98M
EBITDA	-1.24M	-1.24M	2.43M	1.49M	890.59K	-63.55K
Net Income	-2.50M	-2.50M	905.31K	395.45K	-402.00K	440.01K
Balance Sheet
Total Assets	22.87M	22.87M	24.84M	22.39M	19.74M	17.58M
Cash, Cash Equivalents and Short-Term Investments	2.53M	2.53M	3.69M	4.45M	2.48M	2.37M
Total Debt	3.76M	3.76M	4.23M	4.16M	2.22M	2.85M
Total Liabilities	6.42M	6.42M	7.56M	6.52M	5.38M	4.73M
Stockholders Equity	16.45M	16.45M	17.28M	15.87M	14.36M	12.84M
Cash Flow
Free Cash Flow	-977.37K	-977.36K	1.24M	1.97M	498.03K	266.41K
Operating Cash Flow	-896.13K	-896.13K	1.98M	2.70M	1.09M	336.94K
Investing Cash Flow	38.92K	38.92K	-1.35M	-1.34M	-1.60M	-740.80K
Financing Cash Flow	-300.54K	-300.54K	-1.39M	722.94K	509.08K	1.40M

Orcoda Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.07
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ODA, the sentiment is Negative. The current price of 0.07 is below the 20-day moving average (MA) of 0.07, below the 50-day MA of 0.07, and below the 200-day MA of 0.08, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 46.51 is Neutral, neither overbought nor oversold. The STOCH value of 83.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:ODA.

Orcoda Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WWG	78 Outperform	AU$38.44M	8.59	20.77%	4.55%	66.80%	625.00%
CLX	72 Outperform	AU$149.33M	10.15	11.37%	5.66%	1.33%	-11.07%
DBI	66 Neutral	AU$2.13B	24.20	8.17%	5.35%	13.19%	14.79%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
KSC	63 Neutral	AU$425.60M	14.57	8.00%	4.65%	-9.67%	-6.49%
SLH	60 Neutral	―	―	―	―	11.01%	-106.43%
ODA	50 Neutral	AU$12.38M	13.15	-14.80%	―	-33.93%	-366.67%

Orcoda Limited Corporate Events

Orcoda Limited Addresses Late Lodgement of Director’s Interest Notice

Orcoda Limited announced the late lodgement of Appendix 3X due to an administrative oversight concerning the appointment of Mr. Patrick Bodegraven as a Director. The company assured that this was an isolated incident and emphasized its commitment to compliance with ASX Listing Rules, indicating that its current disclosure arrangements are adequate.

Orcoda Limited Expands SaaS Contracts with Community Transport Providers

Orcoda Limited announced a clarification regarding its SaaS contracts with community transport providers, highlighting the inclusion of a previously omitted participant in the ACTA trial. The trial involved new and existing clients with contracts contributing significantly to Orcoda’s revenue. Following the trial, Orcoda secured six new SaaS contracts with community transport providers, expected to generate approximately $1 million in revenue over three years, reinforcing its position in the transport technology solutions industry.

Orcoda Limited Appoints Geoffrey Jamieson as Interim CFO Amidst Financial Year Challenges

Orcoda Limited has announced that Managing Director Geoffrey Jamieson will also assume the role of Chief Financial Officer following the resignation of Samuel Yue for personal reasons. This interim arrangement will remain until a suitable replacement is found. Despite a challenging financial year due to project delays, the company has seen growth in its technology annual recurring revenue, and Jamieson will be supported by a competent Financial Controller. The company acknowledges the contributions of Yue and expresses gratitude to its stakeholders for their continued support.

Orcoda Limited Appoints New Sales Manager to Drive Growth

Orcoda Limited has appointed Mark Austin as the Sales Manager for its Orcoda Workforce Logistics System (OWLS) and Consulting Services, effective July 1, 2025. This strategic move is expected to significantly boost the company’s annual recurring revenue, particularly in the Government and Resources sectors. Mark Austin brings over 30 years of experience in IT sales and consulting, with a track record of driving multimillion-dollar growth and enhancing market penetration across various industries. His appointment, along with recent strategic hires, positions Orcoda to achieve substantial growth, leveraging its cutting-edge technology platforms to establish itself as a leading technology company in Australia and globally.

Orcoda Limited Strengthens Leadership with New Sales & Marketing Head

Orcoda Limited has appointed Patrick Bodegraven as the new Group General Manager of Sales & Marketing, effective July 1, 2025. This strategic move aims to strengthen Orcoda’s leadership team and boost its sales and marketing capabilities, particularly in government, transport, and resources industries. Patrick’s extensive experience in IT sales and digital transformation is expected to drive significant growth in annual recurring revenue. His previous roles with global technology leaders and his expertise in cloud computing, AI, and data analytics position him as a valuable asset to Orcoda’s executive team. The appointment aligns with Orcoda’s recent capital raising efforts to enhance its sales and marketing team, and Patrick’s enthusiasm for Orcoda’s innovative technology platforms, especially the patented Orcoda Workforce Logistics Solution, highlights the company’s potential for substantial growth.

Orcoda Limited Announces Change in Director’s Interest

Orcoda Limited has announced a change in the director’s interest notice involving Geoff Jamieson. The change involves an acquisition of 5,000 fully paid ordinary shares by Ravenslea Nominees Pty Ltd, a company where Mr. Jamieson is a director and shareholder. This transaction reflects an on-market trade, indicating a slight increase in Mr. Jamieson’s indirect holdings in the company.

Orcoda Limited Announces Change in Director’s Interest

Orcoda Limited has announced a change in the director’s interest notice concerning Geoff Jamieson. The notice details Jamieson’s indirect interests in various entities, including Ravenslea Nominees Pty Ltd and Tamlin Holdings Pty Ltd, where he holds positions as a director, shareholder, trustee, and beneficiary. The change involves the acquisition of additional fully paid ordinary shares through on-market trades conducted on April 28, 29, and 30, 2025. This update reflects an increase in Jamieson’s holdings, potentially indicating confidence in the company’s future prospects.