Provaris Energy Ltd (AU:PV1)
ASX:PV1
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Provaris Energy Ltd
(Sydney:PV1)
Select Model
Select Model
Rating:40Underperform
Price Target:
<AU$0.01
▼(-55.00% Downside)
Action:DowngradedDate:03/12/26
The score is held down primarily by weak financial performance (ongoing losses, sustained cash burn, and a shift to negative equity), which increases funding and solvency risk. Technicals also remain soft with price below key moving averages and negative MACD. Valuation is not supportive due to negative earnings (negative P/E) and no dividend yield data.
Positive Factors
Decarbonisation-focused business model
Provaris targets infrastructure for hydrogen and CO2 marine transport, aligning with structural decarbonisation trends. This focused niche supports long-term addressable markets for energy transition logistics and can drive multi-year demand for specialized shipping and storage solutions.
Negative Factors
Negative equity position
Negative shareholders' equity is a structural red flag that weakens the balance sheet and reduces financing options. It can impede access to credit, discourage counterparties, and force dilutive capital raises or asset sales, increasing long-term solvency and governance risks for continued development.
Read all positive and negative factors
Positive Factors
Negative Factors
Decarbonisation-focused business model
Provaris targets infrastructure for hydrogen and CO2 marine transport, aligning with structural decarbonisation trends. This focused niche supports long-term addressable markets for energy transition logistics and can drive multi-year demand for specialized shipping and storage solutions.
Read all positive factors
Provaris Energy Ltd (PV1) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$9.37M
Dividend YieldN/A
Average Volume (3M)541.62K
Price to Earnings (P/E)―
Beta (1Y)0.74
Revenue GrowthN/A
EPS Growth65.74%
CountryAU
Employees1
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,041,492,200
10 Day Avg. Volume824,619
30 Day Avg. Volume541,623
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)-164.60
Price to Sales (P/S)13.66
P/FCF Ratio-3.93
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)>-0.01
Revenue Forecast (FY)AU$1.59M
Provaris Energy Ltd Business Overview & Revenue Model
Company Description
Provaris Energy Ltd engages in the development of hydrogen production projects in Australia and internationally. The company owns 100% interest in the Tiwi Islands Hydrogen Export project located in the Northern Territory, Australia. It also devel...
How the Company Makes Money
null...
Provaris Energy Ltd Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
28
Negative
Cash Flow
16
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 684.99K | 684.99K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -20.85K | 684.99K | -2.31M | -208.27K | -415.86K | -478.51K |
| EBITDA | -4.33M | -1.67M | -6.47M | -7.61M | -6.39M | -2.85M |
| Net Income | -4.61M | -2.52M | -6.13M | -12.41M | -6.76M | -3.09M |
Balance Sheet | ||||||
| Total Assets | 1.47M | 735.96K | 1.23M | 5.23M | 17.35M | 12.47M |
| Cash, Cash Equivalents and Short-Term Investments | 732.74K | 550.05K | 953.13K | 5.07M | 11.62M | 6.56M |
| Total Debt | 191.25K | 198.20K | 286.80K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 791.68K | 792.81K | 998.73K | 896.94K | 832.98K | 219.44K |
| Stockholders Equity | 676.48K | -56.84K | 228.56K | 4.33M | 16.51M | 12.25M |
Cash Flow | ||||||
| Free Cash Flow | -4.56M | -2.38M | -6.35M | -6.56M | -4.81M | -2.56M |
| Operating Cash Flow | -4.15M | -2.38M | -6.35M | -6.56M | -4.81M | -2.56M |
| Investing Cash Flow | -319.17K | -10.02K | -209.20K | 6.54M | 0.00 | 3.50K |
| Financing Cash Flow | 618.70K | 1.98M | 2.21M | 10.00 | 9.82M | 6.02M |
Provaris Energy Ltd Technical Analysis
Negative
0.02
Price Trends
0.01
Negative
0.01
Negative
0.02
Negative
Market Momentum
>-0.01
Positive
37.98
Neutral
38.89
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PV1, the sentiment is Negative. The current price of 0.02 is above the 20-day moving average (MA) of 0.01, above the 50-day MA of 0.01, and above the 200-day MA of 0.02, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 37.98 is Neutral, neither overbought nor oversold. The STOCH value of 38.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:PV1.
Provaris Energy Ltd Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
49 Neutral | AU$9.36M | -4.65 | -1.51% | ― | 12.37% | 66.67% | |
46 Neutral | AU$7.69M | -0.75 | -16.03% | ― | -47.23% | -2.78% | |
44 Neutral | AU$6.67M | -1.23 | 759.48% | ― | ― | ― | |
43 Neutral | AU$7.53M | -4.09 | 3.55% | ― | -16.79% | -205.26% | |
40 Underperform | AU$9.37M | -1.51 | -1488.75% | ― | ― | 65.74% |
* Energy Sector Average
AU:PV1
Provaris Energy Ltd
0.01
>-0.01
-16.67%
AU:LIO
Lion Energy Limited
0.02
<0.01
30.77%
AU:GGE
Grand Gulf Energy Limited
―
―
―
AU:SHE
Stonehorse Energy Ltd
0.01
<0.01
10.00%
AU:TEG
Triangle Energy (Global) Limited
―
―
―
Provaris Energy Ltd Corporate Events
Provaris Energy Raises Capital Through Placement of 132.5 Million New Shares
Mar 11, 2026
Provaris Energy has issued 132,500,000 new fully paid ordinary shares at A$0.010 each to institutional, sophisticated and professional investors under a previously announced placement, expanding its capital base. The company confirmed the shares w...
Provaris Energy Issues 44 Million Unquoted Options in Capital Structure Move
Mar 11, 2026
Provaris Energy Ltd has notified the market of the issue of 44,166,668 unquoted options, exercisable at $0.03 and expiring on 20 February 2027, under its ASX code PV1AP. The options, which stem from a previously announced transaction and are not i...
Provaris Energy Seeks ASX Quotation for 132.5 Million New Shares
Mar 11, 2026
Provaris Energy Ltd has applied to the ASX for quotation of 132,500,000 additional ordinary fully paid shares, with an issue date of March 11, 2026. The move will expand the company’s quoted share capital, potentially increasing liquidity in...
Provaris Issues 1.6 Million Employee Plan Shares Under Cleansing Notice
Mar 6, 2026
Provaris Energy has issued 1.6 million fully paid ordinary shares at no cost to an employee under its Employee Share Plan, which was approved by shareholders at the November 2025 annual general meeting. The company has confirmed that the shares we...
Provaris Energy Seeks ASX Quotation for 1.6 Million New Shares
Mar 6, 2026
Provaris Energy Ltd has applied for quotation on the ASX of 1,600,000 ordinary fully paid shares under its employee incentive scheme, with an issue date of March 6, 2026. The move modestly increases the company’s quoted capital base and refl...
Provaris Outlines Investor Presentation Framework and Legal Caveats
Mar 5, 2026
Provaris Energy has issued an investor presentation summarising its recent operational and financial performance, alongside its strategic positioning in low-carbon infrastructure. The document is framed as informational only, emphasising that it i...
Provaris Energy Plans Major Equity Issue to Fund Hydrogen Strategy
Mar 4, 2026
Provaris Energy Ltd has notified the ASX of a proposed issue of up to 132,500,000 new fully paid ordinary shares and 44,166,667 unlisted options as part of a placement or similar capital-raising initiative. The new securities are scheduled for iss...
Provaris raises A$1.3m to drive hydrogen and CO₂ transport milestones
Mar 4, 2026
Provaris Energy has raised A$1.325 million through an oversubscribed placement of new shares to institutional, sophisticated and professional investors, issuing 132.5 million shares at A$0.01 with free-attaching options. The fresh capital will be ...
Provaris Director’s Option Expiry Trims Unlisted Holdings
Mar 4, 2026
Provaris Energy Ltd has reported a change in director David Palmer’s interests following the expiry of a tranche of his unlisted options. Palmer’s 625,000 unlisted options (PV1AC) lapsed on 1 March 2026 without consideration, leaving h...
Provaris Energy Director Options Lapse Trims Leveraged Exposure
Mar 4, 2026
Provaris Energy Ltd has disclosed a change in director Andrew Pickering’s interest, following the expiry of 375,000 unlisted options (PV1AC) on 1 March 2026. Pickering now holds 6,895,455 fully paid ordinary shares, 166,666 remaining unliste...
Provaris Director Updates Equity Interests Following Option Expiry
Mar 4, 2026
Provaris Energy has disclosed a change in the interests of director Martin Carolan, who holds securities both directly and through associated entities Marjack Holdings and Full Circle Strategy. The notice details an adjustment in his mix of ordina...
Provaris Energy Director Updates Equity Holdings After Options Expiry
Mar 4, 2026
Provaris Energy Ltd has disclosed a change in the indirect interests of director Gregory Martin, whose holdings are managed through Jamoca Pty Ltd as trustee for The Martin Family Trust. The update shows the expiry and resulting disposal of 1,250,...
Provaris Energy Seeks Trading Halt Ahead of Capital Raising Announcement
Mar 2, 2026
Provaris Energy has requested an immediate trading halt in its shares on the ASX, with the pause to remain in place until Thursday, 5 March 2026, or until it issues an announcement on a planned capital raising. The company said it is seeking the h...
Provaris Energy Options Lapse, Streamlining Capital Structure
Mar 2, 2026
Provaris Energy Ltd has announced the cessation of 23,750,000 listed options with the ASX code PV1AC, which expired on 1 March 2026 without being exercised or converted. The expiry reduces the company’s pool of outstanding convertible securi...
Provaris Energy widens half-year loss as net tangible assets per share decline
Feb 27, 2026
Provaris Energy Ltd reported a net loss attributable to members of $2.09 million for the half-year ended 31 December 2025, a 59% increase in losses compared with the prior corresponding period, while revenue from ordinary activities remained at ze...
Provaris Hits FEED Milestone on Next-Generation LCO₂ Storage Tank
Feb 5, 2026
Provaris Energy has, together with partner Yinson Production, completed Phase 1 of front-end engineering and design for its proprietary 25,000 cubic metre low-pressure LCO₂ tank on time and on budget, and has been cleared to proceed with Pha...
Provaris, Yinson and Himile Move to Industrialise Large-Scale LCO₂ Tank Production in China
Feb 1, 2026
Provaris Energy, together with its LCO₂ tank development partner Yinson Production, has signed a Memorandum of Understanding with China’s Himile Heavy Equipment to assess the feasibility, cost and schedule for fabricating proprietary l...
Provaris Advances Hydrogen and LCO2 Shipping Programs as Strategic Partnerships Deepen
Jan 30, 2026
Provaris Energy’s December 2025 quarter saw meaningful progress across its hydrogen and LCO2 shipping programs, highlighted by a deepening strategic partnership with Japanese shipping major “K” Line, the extension of Nordic hydro...
Provaris Energy Appoints Stantons as New Auditor to Replace Ernst & Young
Jan 15, 2026
Provaris Energy has appointed Stantons International Audit and Consulting Pty Ltd as its new auditor, effective 14 January 2026, following approval from the Australian Securities Investment Commission and the receipt of a consent to act from Stan...
Provaris Energy Issues New Shares Under Cleansing Notice to Support Growth Strategy
Dec 23, 2025
Provaris Energy has issued 29,230,769 new fully paid ordinary shares to institutional, sophisticated and professional investors at A$0.013 per share under a placement announced on 18 December 2025, and has notified the ASX that these shares were i...
Provaris Energy Announces New Securities Issue to Bolster Operations
Dec 18, 2025
Provaris Energy Ltd has announced plans to issue new securities, including 19,230,769 unlisted options and 38,461,538 fully paid ordinary shares, as part of a placement or other type of securities issue. This proposed issuance underscores the comp...
Provaris Energy Secures Funding to Advance Hydrogen and CO₂ Tank Development
Dec 18, 2025
Provaris Energy Ltd successfully secured $500,000 in funding through a share placement to professional investors, underscoring confidence in its strategic roadmap. The funds will be allocated to advance its hydrogen and CO₂ tank prototypes, ...
Provaris Energy Ltd Releases Investor Presentation on Operations and Future Outlook
Dec 16, 2025
Provaris Energy Ltd has released a presentation summarizing its operations and results, aimed at existing or potential investors. The presentation highlights the company’s focus on hydrogen and carbon dioxide solutions, emphasizing the chall...
Provaris Energy Ltd Initiates Trading Halt for Capital Raising Announcement
Dec 15, 2025
Provaris Energy Ltd has requested a trading halt on its securities pending an announcement regarding a capital raising initiative. This move is expected to impact trading until the company releases further details or until normal trading resumes o...
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.