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PainChek Ltd (AU:PCK)
ASX:PCK
Australian Market

PainChek Ltd (PCK) AI Stock Analysis

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AU

PainChek Ltd

(Sydney:PCK)

Rating:55Neutral
Price Target:
PainChek Ltd's stock score is primarily influenced by financial performance challenges, with ongoing profitability and cash flow issues. While the technical analysis suggests some positive market momentum, the negative P/E ratio and lack of dividend yield raise concerns about valuation. Overall, the stock presents a mixed picture with potential upside in market trends but significant risks in financial fundamentals.

PainChek Ltd (PCK) vs. iShares MSCI Australia ETF (EWA)

PainChek Ltd Business Overview & Revenue Model

Company DescriptionPainChek Ltd (PCK) is a technology company that operates in the healthcare sector, specializing in the development and commercialization of innovative pain assessment tools. Its core product is the PainChek app, which utilizes artificial intelligence and facial recognition technology to assess and score pain levels in individuals who may have difficulty communicating, such as those with dementia or cognitive impairments. The company aims to improve pain management and enhance patient care through its advanced digital health solutions.
How the Company Makes MoneyPainChek Ltd generates revenue primarily through the licensing of its PainChek app to healthcare facilities, aged care providers, and hospitals. The company employs a subscription-based model, where clients pay periodic fees to access the software. Additionally, PainChek may engage in partnerships with healthcare organizations and technology companies to expand its market reach and integrate its technology into broader digital health ecosystems. Revenue streams may also include government grants or funding for innovation in healthcare technology, further supporting its commercial operations.

PainChek Ltd Financial Statement Overview

Summary
PainChek Ltd shows revenue growth but continues to face significant profitability and cash flow challenges. The balance sheet is stable with no debt, yet the company relies heavily on financing to support operations. The financial trajectory suggests a need for strategic improvements to enhance efficiency and profitability.
Income Statement
45
Neutral
PainChek Ltd has shown revenue growth over the years, with a significant increase from 2023 to 2024 (37.1%). However, the company is struggling with profitability as indicated by negative net profit margins and EBIT margins. The gross profit margin improved slightly but remains relatively low at 27.2% in 2024. Continuous losses suggest challenges in achieving operational efficiency.
Balance Sheet
55
Neutral
The company's debt-to-equity ratio is favorable due to zero debt, indicating no leverage risk. However, the equity ratio has declined over the years, reaching 30.8% in 2024, indicating a higher reliance on liabilities. Return on equity remains negative due to persistent losses, highlighting ongoing profitability challenges.
Cash Flow
50
Neutral
Operating cash flow remains negative, signaling cash consumption for operations. Free cash flow also follows this trend, although there was a slight improvement in 2024. The free cash flow to net income ratio is negative, further emphasizing cash flow struggles despite positive financing cash flows.
BreakdownTTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue3.03M2.67M1.95M978.57K214.80K248.19K
Gross Profit856.59K726.66K712.51K-258.82K-424.21K-16.98K
EBITDA-8.14M-9.49M-8.61M-6.80M-8.91M-13.15M
Net Income-8.17M-8.31M-7.57M-5.72M-6.06M-12.39M
Balance Sheet
Total Assets3.72M4.18M2.80M6.65M11.81M6.22M
Cash, Cash Equivalents and Short-Term Investments2.00M3.56M2.51M6.14M11.42M6.12M
Total Debt0.000.000.000.000.000.00
Total Liabilities2.47M2.89M2.13M1.83M3.57M2.09M
Stockholders Equity1.25M1.29M668.13K4.82M8.24M4.13M
Cash Flow
Free Cash Flow-7.82M-7.16M-6.34M-7.02M-4.18M-1.93M
Operating Cash Flow-7.79M-7.13M-6.32M-7.00M-4.12M-1.89M
Investing Cash Flow-29.68K-34.25K-12.44K-21.96K-60.03K-45.56K
Financing Cash Flow8.67M8.21M2.70M1.75M9.48M3.51M

PainChek Ltd Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.03
Price Trends
50DMA
0.04
Negative
100DMA
0.04
Positive
200DMA
0.03
Positive
Market Momentum
MACD
>-0.01
Positive
RSI
50.13
Neutral
STOCH
8.33
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PCK, the sentiment is Positive. The current price of 0.03 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and below the 200-day MA of 0.03, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 50.13 is Neutral, neither overbought nor oversold. The STOCH value of 8.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:PCK.

PainChek Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (48)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AURHT
62
Neutral
AU$17.93M140.00-3.11%89.13%69.57%
AUPCK
55
Neutral
AU$62.63M-457.46%21.93%10.34%
48
Neutral
AU$2.43B4.28-64.25%2.90%35.15%13.63%
AUBDX
40
Neutral
AU$23.79M-104.23%-17.26%
AUIMU
40
Underperform
$97.07M-99.05%-34.09%
AUPAR
40
Underperform
AU$124.62M-46.65%96.20%80.90%
AUCDX
36
Underperform
$21.48M-467.81%-75.71%-8.26%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:PCK
PainChek Ltd
0.04
0.01
33.33%
AU:IMU
Imugene Limited
0.01
-0.04
-76.36%
AU:PAR
Paradigm Biopharmaceuticals
0.32
0.03
10.34%
AU:CDX
CardieX
0.04
-0.02
-38.10%
AU:RHT
Resonance Health Ltd
0.04
-0.02
-33.33%
AU:BDX
BCAL Diagnostics Limited
0.06
-0.08
-57.14%

PainChek Ltd Corporate Events

PainChek Ltd Advances US Market Entry and Expands Global Reach
Apr 30, 2025

PainChek Ltd reports positive progress in obtaining US FDA De Novo clearance for its entry into the US market, which could position it as the only regulatory-cleared product in the US long-term care market. The company has launched its Infant App on the Apple Store in Australia and continues to expand its global presence with over 100,000 contracted licenses and a high customer retention rate, indicating strong market adoption and potential for future growth.

PainChek Ltd to Host Investor Webinar on Quarterly Update
Apr 29, 2025

PainChek Ltd announced an upcoming investor webinar to discuss their quarterly update and financial performance. The company continues to expand its market presence with its innovative pain assessment technology, which has been adopted by over 1,800 aged care facilities and is being integrated into home care services. This expansion highlights PainChek’s commitment to enhancing pain management practices globally and its potential impact on healthcare providers and patients.

PainChek Ltd Advances US FDA Review and Launches Infant App
Apr 15, 2025

PainChek Ltd has received a $1.41 million R&D tax refund for FY24, which, along with recent capital raising, will support the completion of key milestones. The company is advancing its US FDA review for the PainChek Adult App, with regulatory clearance anticipated in the first half of 2025, potentially opening a $100 million per annum market in US aged care. Additionally, PainChek has launched its Infant App on the Apple App Store in Australia, receiving positive feedback from parents for its ease of use and effectiveness. The company plans a broader marketing rollout in Q2 2025, supported by strategic partnerships and user insights.

PainChek Ltd Issues Unquoted Equity Securities
Mar 27, 2025

PainChek Ltd has announced the issuance of 36 million unquoted equity securities, specifically UW Options expiring on March 24, 2026, with an exercise price of $0.05. This move is part of previously announced transactions and is not intended for quotation on the ASX, potentially impacting the company’s financial strategy and stakeholder interests.

PainChek Ltd Issues New Unquoted Options
Mar 27, 2025

PainChek Ltd has announced the issuance of 27,549,501 new unquoted options, set to expire on March 24, 2026, with an exercise price of $0.05. This move is part of the company’s strategic financial operations, potentially impacting its market position and offering stakeholders an opportunity for future investment returns.

PainChek Ltd Announces Quotation of New Securities on ASX
Mar 27, 2025

PainChek Ltd has announced the application for quotation of 27,549,501 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of previously announced transactions and is expected to enhance the company’s capital structure, potentially impacting its market positioning and providing opportunities for stakeholders.

PainChek Ltd Updates Client and Assessment Numbers, Expands Home Care Services
Mar 17, 2025

PainChek Ltd has updated its previous announcement to correct the number of clients and digital assessments, now reporting over 1,800 clients and 10 million assessments. This update reflects the company’s growing impact in the healthcare industry, particularly in aged care facilities, where its AI-driven pain assessment tool enhances diagnostic accuracy and streamlines care processes. The company’s expansion into home care services further strengthens its market position and offers significant benefits for stakeholders, including improved engagement with healthcare professionals and compliance support.

PainChek Ltd to Present Innovative Pain Assessment Solutions at NWR Virtual Healthcare Conference
Mar 17, 2025

PainChek Ltd announced its participation in the NWR Virtual Healthcare Conference, where CEO Philip Daffas will present the company’s innovative pain assessment solutions. This participation highlights PainChek’s ongoing efforts to enhance its industry positioning and expand its market reach, particularly in home care and disability services. The company’s technology, which has been validated in clinical studies, continues to support accurate pain management for individuals with conditions affecting their ability to self-report pain, including dementia and disability.

PainChek Ltd Issues New Unquoted Equity Securities
Mar 6, 2025

PainChek Ltd has announced the issuance of new unquoted equity securities, specifically options expiring on March 3, 2026, with an exercise price of $0.05. This issuance involves a total of 6,606,786 securities and is part of the company’s ongoing financial strategies. The announcement signifies PainChek’s efforts to enhance its financial flexibility and potentially strengthen its market position by leveraging these securities.

PainChek Ltd Announces Quotation of New Securities on ASX
Mar 6, 2025

PainChek Ltd has announced the application for quotation of 6,606,786 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of previously announced transactions and is expected to enhance the company’s market presence and provide additional capital for its operations, potentially impacting its growth and stakeholder value positively.

PainChek Ltd Issues Unquoted Equity Securities
Mar 5, 2025

PainChek Ltd has announced the issuance of unquoted equity securities, specifically UW Options expiring on March 3, 2026, with an exercise price of $0.05. This issuance involves a total of 168,657,644 securities and is part of a previously announced transaction, which may impact the company’s financial structure and stakeholder interests.

PainChek Ltd Reports Revenue Growth Amidst Ongoing Financial Challenges
Feb 27, 2025

PainChek Ltd reported a 21% increase in total revenue and other income for the half-year ending December 31, 2024, compared to the previous year, driven by a 27% rise in revenue from continuing operations and a 14% increase in R&D grants. Despite this growth, the company recorded a net loss of $3.16 million, a slight improvement from the previous period. The financial report highlights a concern regarding the company’s going concern status, as noted by the independent auditor, which may impact its future operations and stakeholder confidence.

PainChek Ltd Announces Successful General Meeting and Strategic Expansion
Feb 26, 2025

PainChek Ltd announced the results of its General Meeting, where a resolution was successfully passed. The company continues to enhance its industry positioning with its innovative pain assessment technology, which has been widely adopted in over 1,800 aged care facilities and is undergoing FDA review in the United States. This expansion into home care services and partnerships with disability service providers highlights its commitment to broadening its impact on pain management practices, benefiting stakeholders such as nurses, carers, and healthcare professionals.

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: May 01, 2025