Peppermint Innovation Limited (AU:PIL)
ASX:PIL
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Peppermint Innovation Limited
(Sydney:PIL)
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Rating:43Neutral
Price Target:
AU$0.01
▲(0.00% Upside)
Action:ReiteratedDate:03/24/26
The score is primarily constrained by poor financial performance—deep losses, ongoing cash burn, falling revenue, and negative equity that elevates funding risk. Valuation is also not supportive because the negative P/E stems from unprofitability and there is no dividend yield data. Technical signals are neutral due to missing indicators.
Positive Factors
Positive gross margin
A positive gross margin near 38% indicates underlying unit economics in the product or service offering. Sustained positive gross margins provide a structural foundation to move toward profitability if revenue stabilises or grows, supporting long-term margin recovery and improved operating leverage.
Negative Factors
Sharp revenue decline and cash burn
A steep revenue drop (~63% in 2025) alongside persistently negative operating and free cash flow (~-2.19M/-2.20M) signals failing top-line traction and continuous cash burn. Without sustained revenue recovery, the firm will remain dependent on external funding and unable to self-fund growth or reach break-even.
Read all positive and negative factors
Positive Factors
Negative Factors
Positive gross margin
A positive gross margin near 38% indicates underlying unit economics in the product or service offering. Sustained positive gross margins provide a structural foundation to move toward profitability if revenue stabilises or grows, supporting long-term margin recovery and improved operating leverage.
Read all positive factors
Peppermint Innovation Limited (PIL) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$10.04M
Dividend YieldN/A
Average Volume (3M)7.24M
Price to Earnings (P/E)―
Beta (1Y)-0.73
Revenue Growth-64.36%
EPS Growth57.89%
CountryAU
EmployeesN/A
SectorTechnology
Sector Strength88
IndustrySoftware - Infrastructure
Share Statistics
EPS (TTM)0.00
Shares Outstanding2,916,615,700
10 Day Avg. Volume7,237,069
30 Day Avg. Volume7,237,069
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)-3.64
Price to Sales (P/S)11.28
P/FCF Ratio-1.59
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Peppermint Innovation Limited Business Overview & Revenue Model
Company Description
Peppermint Innovation Limited engages in the development and commercialization of mobile banking, payment, and remittance platform primarily in the Philippines. It operates Peppermint Platform, a white label mobile app banking platform and mobile ...
Peppermint Innovation Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
22
Negative
Cash Flow
14
Very Negative
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 310.86K | 872.17K | 376.24K | 1.31M | 1.94M |
| Gross Profit | 118.10K | 474.99K | 114.72K | -251.60K | 176.79K |
| EBITDA | -2.61M | -3.84M | -2.41M | -3.44M | -1.85M |
| Net Income | -1.72M | -3.87M | -2.44M | -3.59M | -2.83M |
Balance Sheet | |||||
| Total Assets | 933.73K | 1.60M | 3.46M | 5.82M | 3.60M |
| Cash, Cash Equivalents and Short-Term Investments | 479.19K | 1.23M | 3.06M | 5.57M | 3.45M |
| Total Debt | 421.49K | 0.00 | 0.00 | 0.00 | 653.24K |
| Total Liabilities | 1.90M | 1.14M | 799.08K | 727.74K | 1.20M |
| Stockholders Equity | -964.31K | 452.98K | 2.66M | 5.09M | 2.40M |
Cash Flow | |||||
| Free Cash Flow | -2.20M | -3.10M | -2.63M | -3.03M | -1.87M |
| Operating Cash Flow | -2.19M | -3.10M | -2.63M | -3.03M | -1.87M |
| Investing Cash Flow | 258.44K | 258.57K | 0.00 | 336.83K | -336.83K |
| Financing Cash Flow | 1.20M | 1.03M | 45.00 | 5.16M | 5.06M |
Peppermint Innovation Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
45 Neutral | AU$11.75M | -0.48 | -158.38% | ― | 106.21% | -60.61% | |
45 Neutral | AU$6.44M | -2.39 | -658.94% | ― | 13.07% | 68.60% | |
43 Neutral | AU$10.04M | -2.04 | 256.82% | ― | -64.36% | 57.89% | |
41 Neutral | AU$4.05M | -4.22 | 19.67% | ― | -50.39% | -74.68% |
* Technology Sector Average
AU:PIL
Peppermint Innovation Limited
0.01
0.00
0.00%
AU:NNG
Nexion Group Ltd.
0.02
0.00
0.00%
AU:SPX
Spenda Limited
―
―
―
AU:WHK
WhiteHawk Ltd.
0.01
-0.01
-50.00%
Peppermint Innovation Limited Corporate Events
Peppermint Innovation Narrows Loss but NTA Deteriorates in Half-Year Update
Mar 22, 2026
Peppermint Innovation Limited has released its half-year report for the period ended 31 December 2025, showing an 11% decline in revenue from ordinary activities to $117,000 and a 3% reduction in loss from ordinary activities after tax to $1.271 m...
Peppermint Innovation Seeks ASX Quotation for Over 306 Million New Shares
Mar 5, 2026
Peppermint Innovation Limited has applied for quotation on the ASX of 306,289,224 ordinary fully paid shares under the ticker PIL, with an issue date of March 5, 2026. The application, lodged as a new Appendix 2A announcement, formalises the move ...
Peppermint Innovation Updates ASX Filing on Proposed Securities Issue
Mar 5, 2026
Peppermint Innovation Limited has lodged an updated notice with the ASX regarding a proposed placement of securities. The filing is made under Appendix 3B rules and relates to an issue of new shares or related securities that the company intends t...
Peppermint Innovation Clarifies Fee Timing in Updated Securities Issue Filing
Mar 5, 2026
Peppermint Innovation Limited has updated its disclosure to the ASX regarding a proposed issue of securities via a placement or similar capital-raising structure. The filing confirms that the company is proceeding with the proposed securities issu...
Peppermint Innovation Plans Major Share Issue on ASX
Mar 4, 2026
Peppermint Innovation Limited has lodged a notice with the ASX for a proposed issue of securities under an Appendix 3B filing, signaling its intention to undertake a new capital raising. The company plans to issue up to 306,289,224 fully paid ordi...
Peppermint Secures A$2.1m Strategic Backing to Accelerate Philippine Digital Payments Push
Mar 4, 2026
Peppermint Innovation has secured a A$2.1 million strategic equity investment from nominees of Philippine payment sector firms Optimal Payments Place Inc. and Tsunami Financial Solutions Inc., deepening its alignment with key local industry player...
Peppermint Innovation Issues 21.7 Million Unquoted Long-Dated Options
Feb 24, 2026
Peppermint Innovation Limited has notified the market of the issue of 21,666,666 unquoted options, exercisable at $0.0045 and expiring on 30 January 2029. These options, issued under the ASX code PILAY as part of a previously announced transaction...
Peppermint Innovation Seeks ASX Quotation for 21.7m New Shares
Feb 24, 2026
Peppermint Innovation Limited has applied for quotation on the ASX of 21,666,666 new ordinary fully paid shares under its existing PIL ticker. The application, lodged on 24 February 2026, formalises the move to have these additional securities adm...
Peppermint Innovation Corrects Share Issue Price in ASX Filing
Feb 23, 2026
Peppermint Innovation Limited has updated details of a proposed securities issue lodged with the ASX, correcting the price per share in its placement documentation. The company clarified that the correct issue price is A$0.003 per share, rather th...
Peppermint Innovation Corrects Expiry Date on Unquoted Options in ASX Filing
Feb 22, 2026
Peppermint Innovation has updated its notification to the ASX regarding the issue of unquoted options, correcting a previously disclosed typographical error in the options’ expiry date. The company clarified that the options now formally exp...
Peppermint Innovation Plans Dual Share and Option Issue on ASX
Feb 20, 2026
Peppermint Innovation Limited has lodged an Appendix 3B outlining a proposed placement involving the issue of up to 21,666,666 new fully paid ordinary shares. In conjunction with the equity issue, the company also plans to issue up to 21,666,666 o...
Peppermint Innovation Seeks ASX Quotation for 58.3 Million New Shares
Feb 9, 2026
Peppermint Innovation Limited has applied for quotation of 58,333,333 new ordinary fully paid shares on the ASX, with an issue date of 9 February 2026. The move will expand the company’s quoted share base, potentially increasing liquidity fo...
Peppermint Innovation Scraps Planned Share Issue
Feb 5, 2026
Peppermint Innovation Limited has withdrawn its previously proposed placement or other type of share issue, advising the ASX that the securities offering announced on 19 December 2025 will no longer proceed. The cancellation removes a previously f...
Peppermint Innovation Plans New Share Placement With Attached Options
Feb 5, 2026
Peppermint Innovation Limited has lodged an Appendix 3B with the ASX outlining a proposed placement involving the issue of up to 58,333,333 new fully paid ordinary shares, with one free unlisted option to be attached to each share. The securities ...
Peppermint Innovation Seeks ASX Quotation for 21.3 Million New Shares Issued in Settlement
Feb 2, 2026
Peppermint Innovation Limited has applied for quotation on the ASX of 21,305,714 fully paid ordinary shares under the code PIL, issued on 2 February 2026. The new shares were issued as part of a settlement agreement that was fully executed on the ...
Peppermint Innovation Resolves Obsidian Dispute and Prepares to Resume ASX Trading
Jan 30, 2026
Peppermint Innovation Ltd has resolved a monetary dispute with Obsidian Global GP LLC through a binding settlement agreement, leading to the formal withdrawal of all claims related to the demand without any admission of liability or ongoing contin...
Peppermint Innovation Securities Suspended from ASX Pending Disclosure Update
Jan 6, 2026
Peppermint Innovation Limited (ASX: PIL) has had trading in its securities suspended by the ASX after the company failed to provide an expected update concerning a demand served on it by Obsidian Global Partners LLC within the timeframe it request...
Peppermint Innovation Seeks Trading Halt Amid Demand From Obsidian Global Partners
Jan 4, 2026
Peppermint Innovation Limited has requested an immediate trading halt of its securities on the ASX while it considers matters arising from a demand served on the company by Obsidian Global Partners LLC. The halt, which will remain in place until e...
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.