Provaris Energy Ltd (AU:PV1)
ASX:PV1
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Provaris Energy Ltd
(Sydney:PV1)
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Rating:42Neutral
Price Target:
AU$0.01
▼(-50.00% Downside)
Action:Upgraded
Date:05/29/26
The score is primarily held down by weak financial performance: ongoing losses, persistent cash burn, and negative equity in 2025 (higher solvency/funding risk). Technicals also remain unfavorable with the price below key moving averages and a negative MACD. Valuation provides limited support due to a negative P/E and no dividend.
Positive Factors
Structural demand for hydrogen logistics
Global decarbonisation and growing hydrogen trade create durable demand for transport and storage infrastructure. Provaris’ focused technology and engineering positioning targets a structural niche (hydrogen export/import logistics) that can sustain multi-year project pipelines and service revenues if it converts commercial opportunities.
Negative Factors
Negative equity / weakened solvency
Negative shareholders' equity is a structural solvency red flag that reduces financial flexibility and restricts access to traditional debt markets. It can force dilutive equity raises or onerous financing terms, impairing long-term capital structure stability and limiting the company’s ability to finance larger projects internally.
Read all positive and negative factors
Positive Factors
Negative Factors
Structural demand for hydrogen logistics
Global decarbonisation and growing hydrogen trade create durable demand for transport and storage infrastructure. Provaris’ focused technology and engineering positioning targets a structural niche (hydrogen export/import logistics) that can sustain multi-year project pipelines and service revenues if it converts commercial opportunities.
Read all positive factors
Provaris Energy Ltd (PV1) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$11.46M
Dividend YieldN/A
Average Volume (3M)541.62K
Price to Earnings (P/E)―
Beta (1Y)1.07
Revenue GrowthN/A
EPS Growth31.67%
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
Provaris’ intended revenue model centres on commercialising its hydrogen storage and transportation solutions for use in hydrogen supply chains. Key ways the company expects to generate revenue include: (1) engineering and design services related ...
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
Negative
44.86
Neutral
58.33
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 Negative momentum. The RSI at 44.86 is Neutral, neither overbought nor oversold. The STOCH value of 58.33 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% | |
46 Neutral | AU$6.33M | -1.10 | -69.70% | ― | -89.47% | -306.67% | |
43 Neutral | AU$8.65M | -0.88 | 109.14% | ― | ― | ― | |
42 Neutral | AU$11.46M | -2.08 | -1488.75% | ― | ― | 31.67% | |
42 Neutral | AU$8.64M | -1.42 | -37.28% | ― | -100.00% | 9.93% | |
42 Neutral | AU$10.87M | -1.24 | -4728.71% | ― | ― | 5.71% | |
41 Neutral | AU$8.48M | -3.37 | -5.53% | ― | -100.00% | 55.30% |
* Energy Sector Average
AU:PV1
Provaris Energy Ltd
0.01
0.00
0.00%
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Lion Energy Limited
0.01
<0.01
40.00%
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Xstate Resources Limited
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>-0.01
-10.00%
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0.01
0.00
0.00%
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Galilee Energy Limited
0.01
0.00
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State Gas Ltd.
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>-0.01
-13.04%
Provaris Energy Ltd Corporate Events
Provaris Expands LCO₂ Tank Concept to Broader CCS Marine Applications
May 24, 2026
Provaris Energy has reached a key concept selection milestone for its proprietary liquified CO2 tank, developed jointly with Yinson Production, which has now been adopted as the reference containment solution for Yinson’s Floating Storage an...
Provaris Energy Retires Small Tranche of Convertible Notes
May 13, 2026
Provaris Energy Ltd has notified the ASX of the cessation of a tranche of its convertible notes, identified under the code PV1AD, following their repayment or redemption without conversion. The termination of these 40 convertible debt securities, ...
Provaris calls in-person June general meeting and boosts investor engagement
May 12, 2026
Provaris Energy Ltd has called a General Meeting of shareholders to be held in person on 12 June 2026 at Quay Quarter Tower in Sydney, with no virtual attendance option, and has distributed a notice of meeting, shareholder letter and proxy materia...
Provaris advances hydrogen and CO2 shipping technologies with Yinson and “K” LINE
Apr 24, 2026
Provaris Energy reported progress across its hydrogen and liquefied CO2 technology portfolio during the March 2026 quarter, advancing Front-End Engineering Design Stage 2 for a 25,000‑cbm low‑pressure LCO2 tank with Yinson for deployme...
Provaris Energy CEO Boosts Stake via Approved Share Placement
Mar 20, 2026
Provaris Energy Ltd has disclosed a change in the interests of Managing Director Martin Carolan, who increased his direct and indirect holdings through participation in a December 2025 capital placement. Carolan acquired 5,076,923 fully paid ordin...
Provaris director Gregory Martin boosts stake via placement participation
Mar 20, 2026
Provaris Energy Ltd has disclosed a change in director Gregory Martin’s indirect interest in the company’s securities, lodged with the ASX under regulatory requirements. Martin holds his interest through Jamoca Pty Ltd as trustee for T...
Provaris director David Palmer boosts stake via approved share placement
Mar 20, 2026
Provaris Energy has disclosed a change in the interests of director David Palmer following his participation in a December 2025 capital placement approved by shareholders on 19 March 2026. Palmer acquired 1,230,769 fully paid ordinary shares at $0...
Provaris Director Increases Stake Through Approved Share Placement
Mar 20, 2026
Provaris Energy Ltd has disclosed a change in the interests of director Andrew Pickering, who increased his direct and indirect holdings through participation in a December 2025 capital placement. The transaction, approved by shareholders in March...
Provaris issues new director shares and confirms regulatory compliance
Mar 20, 2026
Provaris Energy has issued 9,615,384 new fully paid ordinary shares to directors at A$0.013 per share under a previously approved placement. The company confirmed the shares were issued without a disclosure document under relevant Corporations Act...
Provaris Energy Issues 19.4 Million Unquoted Options as Part of Capital Management
Mar 20, 2026
Provaris Energy Ltd has notified the market of the issue of 19,423,077 unquoted options, exercisable at $0.03 and expiring on 20 February 2027, with an issue date of 20 March 2026. These options, designated as PV1AP, form part of previously announ...
Provaris Energy Seeks ASX Quotation for 9.6 Million New Shares
Mar 20, 2026
Provaris Energy Ltd has applied for quotation on the ASX of 9,615,384 new ordinary fully paid shares, to be issued on March 20, 2026. These securities are being admitted to quotation as part of previously announced transactions, modestly expanding...
Provaris Energy Investors Back Capital-Raising Resolutions at General Meeting
Mar 19, 2026
Provaris Energy shareholders have strongly backed a series of capital-raising related resolutions at a general meeting held in Sydney, with all items decided by poll and carried in line with the board’s recommendations. The approved motions ...
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...
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.