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Orcoda Limited (AU:ODA)
ASX:ODA
Australian Market
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Orcoda Limited (ODA) AI Stock Analysis

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AU:ODA

Orcoda Limited

(Sydney:ODA)

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Neutral 45 (OpenAI - 4o)
Rating:45Neutral
Price Target:
AU$0.00
▼(-100.00% Downside)
Orcoda Limited's overall stock score is primarily impacted by its financial performance and technical analysis. The company faces significant financial challenges with declining revenues and profitability, while technical indicators suggest bearish momentum. The negative P/E ratio and lack of dividend yield further contribute to a challenging investment outlook.

Orcoda Limited (ODA) vs. iShares MSCI Australia ETF (EWA)

Orcoda Limited Business Overview & Revenue Model

Company DescriptionOrcoda 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 MoneyOrcoda Limited generates revenue through multiple streams, primarily from the sale of its software solutions and associated services. The company earns money by offering subscription-based licensing for its software, allowing clients to access its platforms for a recurring fee. Additionally, Orcoda provides consulting services to help businesses implement and optimize their software solutions, which contributes significantly to its revenue. The company also engages in strategic partnerships with other technology firms and industry stakeholders, enhancing its market reach and service offerings. These collaborations can lead to joint ventures and shared revenue opportunities, further boosting Orcoda's earnings.

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
45
Neutral
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
55
Neutral
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
50
Neutral
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.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue16.70M16.70M25.07M19.91M16.07M7.65M
Gross Profit2.03M2.03M5.16M3.82M3.56M1.98M
EBITDA-1.24M-1.24M2.43M1.49M890.59K-63.55K
Net Income-2.50M-2.50M905.31K395.45K-402.00K440.01K
Balance Sheet
Total Assets22.87M22.87M24.84M22.39M19.74M17.58M
Cash, Cash Equivalents and Short-Term Investments2.53M2.53M3.69M4.45M2.48M2.37M
Total Debt3.76M3.76M4.23M4.16M2.22M2.85M
Total Liabilities6.42M6.42M7.56M6.52M5.38M4.73M
Stockholders Equity16.45M16.45M17.28M15.87M14.36M12.84M
Cash Flow
Free Cash Flow-977.37K-977.36K1.24M1.97M498.03K266.41K
Operating Cash Flow-896.13K-896.13K1.98M2.70M1.09M336.94K
Investing Cash Flow38.92K38.92K-1.35M-1.34M-1.60M-740.80K
Financing Cash Flow-300.54K-300.54K-1.39M722.94K509.08K1.40M

Orcoda Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.06
Price Trends
50DMA
0.07
Negative
100DMA
0.07
Negative
200DMA
0.08
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
13.44
Positive
STOCH
-1.85
Positive
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 0.06 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 Positive momentum. The RSI at 13.44 is Positive, neither overbought nor oversold. The STOCH value of -1.85 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:ODA.

Orcoda Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
71
Outperform
AU$150.94M10.2611.37%5.59%1.33%-11.07%
71
Outperform
AU$2.17B24.658.17%5.31%13.19%14.79%
71
Outperform
AU$45.53M10.1120.77%4.00%66.80%625.00%
70
Neutral
AU$461.18M15.798.00%4.85%-9.67%-6.49%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
60
Neutral
11.01%-106.43%
45
Neutral
AU$13.31M-4.93-14.80%-33.93%-366.67%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:ODA
Orcoda Limited
0.06
-0.07
-51.54%
AU:CLX
CTI Logistics Limited
1.88
0.08
4.44%
AU:DBI
Dalrymple Bay Infrastructure Ltd.
4.33
1.19
37.90%
AU:WWG
Wiseway Group Ltd.
0.25
0.14
129.36%
AU:KSC
K & S Corporation Limited
3.30
-0.05
-1.49%
AU:SLH
Silk Logistics Holdings Ltd.
2.14
0.07
3.38%

Orcoda Limited Corporate Events

Orcoda Limited Director Increases Stake
Nov 5, 2025

Orcoda Limited announced a change in the director’s interest, specifically regarding Geoff Jamieson, who increased his indirect holdings by acquiring 2,857 fully paid ordinary shares through an on-market trade. This change reflects a slight increase in Jamieson’s stake in the company, potentially indicating confidence in Orcoda’s future performance and aligning with shareholder interests.

Orcoda Limited Announces Amended Constitution Approval
Nov 3, 2025

Orcoda Limited has announced the approval of its amended Constitution following a special resolution by its shareholders at the recent Annual General Meeting. This amendment is expected to impact the company’s governance and operational framework, potentially influencing its strategic positioning in the smart transport technology sector.

Orcoda Limited Announces Director’s Interest Change
Nov 2, 2025

Orcoda Limited has announced a change in the director’s interest, specifically involving Geoff Jamieson. The change reflects an off-market transfer of 7,143 fully paid ordinary shares at a value of $0.071 each, resulting in an updated holding of 537,134 shares. This adjustment in shareholding is part of routine management of interests and does not indicate any immediate strategic shift for the company.

Orcoda Limited Successfully Passes All Resolutions at 2025 AGM
Oct 31, 2025

Orcoda Limited announced that all resolutions were passed by poll at its reconvened 2025 Annual General Meeting. This outcome reflects shareholder support for the company’s strategic direction and governance, potentially strengthening its position in the transport technology industry and reassuring stakeholders of its commitment to future growth and innovation.

Orcoda Limited Reschedules AGM Due to Technical Issues
Oct 28, 2025

Orcoda Limited has announced the reconvening of its Annual General Meeting (AGM) to 31 October 2025, after technical issues with Automic’s online platform disrupted shareholder access and voting during the initial meeting. The adjournment allows all resolutions to be considered at the rescheduled virtual meeting, ensuring shareholder participation and decision-making processes are maintained. This move underscores Orcoda’s commitment to transparent governance and stakeholder engagement, despite the technical challenges faced.

Orcoda Limited Reports Strong Start to FY26 Amid Strategic Diversification
Oct 28, 2025

Orcoda Limited faced challenges in FY25, particularly in its Resource & Infrastructure Division due to a major customer deferring their works program. However, the company used this as an opportunity to diversify and reduce customer concentration risk, signing new contracts worth approximately $3 million. The first quarter of FY26 showed significant improvement with a 43% increase in revenue compared to the previous quarter. The Transport Technology Division also saw growth, with EBITDA reaching $2 million and recurring revenue totaling around $5.1 million. The company rebranded its software platforms to Contractor360 and Transport360, incorporating AI capabilities to better serve clients. These strategic decisions have positioned Orcoda for future growth, with promising opportunities in both divisions.

Orcoda Limited Reports Strong Growth with New SaaS Contracts
Oct 21, 2025

Orcoda Limited has announced a significant quarterly update, highlighting the signing of six new multiyear SaaS contracts across Australia and New Zealand, contributing to a 43% increase in group revenue to $5.4 million. The company’s transport and logistics division saw a rise in annual recurring revenue, while the resource and infrastructure division experienced a 40% revenue increase. These developments underscore Orcoda’s strategic growth and its commitment to expanding its footprint as the industry embraces AI-driven digital transformation.

Orcoda Limited Corrects Director’s Shareholding Record
Oct 9, 2025

Orcoda Limited has re-lodged an Appendix 3Y to correct a typographical error in the number of shares acquired by Director Patrick Bodegraven. The error was a clerical entry mistake, and the corrected document now accurately reflects the shares purchased and total shareholding. To prevent future inaccuracies, the company plans to implement additional review checks before lodgement.

Orcoda Director Increases Shareholding
Oct 9, 2025

Orcoda Limited announced a change in the director’s interest notice, specifically concerning Patrick Bodegraven, who has acquired additional shares. The acquisition involved on-market trades, increasing his holdings to 1,228,223 fully paid ordinary shares. This change reflects an increase in the director’s investment in the company, potentially signaling confidence in Orcoda’s future performance and strategic direction.

Orcoda Limited Director Increases Shareholding
Sep 25, 2025

Orcoda Limited announced a change in the director’s interest notice involving Patrick Bodegraven, who holds an indirect interest in the company through a trust. The change involved the acquisition of 36,783 fully paid ordinary shares through on-market trades, increasing his total holdings to 1,097,199 shares. This update reflects the director’s increased investment in the company, which may indicate confidence in Orcoda Limited’s future prospects.

Orcoda Limited Announces Director’s Shareholding Change
Sep 18, 2025

Orcoda Limited has announced a change in the director’s interest notice concerning Geoff Jamieson. The change involves an off-market transfer of shares, with Mr. Jamieson acquiring additional fully paid ordinary shares, increasing his total holdings. This adjustment in shareholding reflects a strategic move by the director, potentially impacting the company’s governance and shareholder dynamics.

Orcoda Limited Releases FY25 Results Presentation
Aug 28, 2025

Orcoda Limited has released a presentation of its FY25 results, emphasizing that the information is for general purposes and should not be relied upon for investment decisions. The company highlights the risks associated with investing in Orcoda, including the potential loss of capital and no guarantee of returns. The presentation is not a prospectus and does not contain all the information a potential investor might need. Orcoda advises obtaining independent legal, financial, and investment advice before making any decisions.

Orcoda Limited Releases 2025 Corporate Governance Statement
Aug 28, 2025

Orcoda Limited has released its Corporate Governance Statement for the financial year ending June 30, 2025, confirming adherence to the ASX Corporate Governance Council’s principles. The statement, approved by the board and available on the company’s website, outlines the company’s compliance with governance recommendations, including board responsibilities and director appointment procedures, which enhances its transparency and accountability to stakeholders.

Orcoda Limited Reports Significant Financial Decline in FY25
Aug 28, 2025

Orcoda Limited has released its FY25 financial results, reporting a significant decline in financial performance for the year ended June 30, 2025. The company experienced a 33% drop in total revenue and other income, and a substantial 376% decrease in profit after tax, resulting in a loss of $2,496,426. The EBITDA also fell by 120%, indicating financial challenges that may impact its market positioning and stakeholder confidence.

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: Nov 08, 2025