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Qualitas Limited
(Sydney:QAL)
Qualitas Limited (QAL) vs. iShares MSCI Australia ETF (EWA)
Qualitas Limited Business Overview & Revenue Model
Qualitas Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 117.40M | 117.40M | 103.38M | 94.13M | 47.32M | 70.88M |
| Gross Profit | 117.22M | 105.73M | 102.31M | 71.13M | 39.60M | 56.04M |
| EBITDA | 56.74M | 56.74M | 59.93M | 54.10M | 14.37M | 17.08M |
| Net Income | 33.41M | 33.41M | 26.18M | 22.54M | 12.12M | 10.97M |
Balance Sheet | ||||||
| Total Assets | 481.75M | 481.75M | 708.13M | 742.79M | 812.76M | 815.87M |
| Cash, Cash Equivalents and Short-Term Investments | 148.78M | 148.78M | 196.50M | 192.37M | 309.01M | 308.63M |
| Total Debt | 54.05M | 54.05M | 295.29M | 340.74M | 419.72M | 453.40M |
| Total Liabilities | 101.38M | 101.38M | 341.12M | 380.74M | 458.20M | 479.46M |
| Stockholders Equity | 380.37M | 380.37M | 367.01M | 362.06M | 354.57M | 336.42M |
Cash Flow | ||||||
| Free Cash Flow | 15.83M | 15.83M | 72.06M | -23.36M | 38.52M | 6.51M |
| Operating Cash Flow | 21.48M | 21.48M | 72.39M | -22.89M | 38.85M | 6.57M |
| Investing Cash Flow | -17.11M | -17.11M | -333.00K | -467.00K | 9.47M | 11.61M |
| Financing Cash Flow | -49.96M | -49.96M | -70.05M | -93.28M | 260.69M | -30.61M |
Qualitas Limited Technical Analysis
Qualitas Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | AU$703.58M | 14.17 | 10.13% | 3.32% | 14.95% | 18.79% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | AU$1.08B | 31.38 | 8.94% | 2.65% | 12.50% | 27.40% | |
65 Neutral | AU$1.72B | 20.76 | 5.59% | 6.26% | 38.64% | -21.14% | |
57 Neutral | AU$1.05B | 39.04 | 1.70% | 7.11% | 4.69% | ― | |
54 Neutral | AU$1.19B | -20.31 | -9.33% | 6.12% | -5.64% | 89.16% | |
53 Neutral | AU$669.02M | -33.84 | -1.91% | 8.63% | -4.50% | 88.28% |
Qualitas Limited Corporate Events
Qualitas Limited has notified the ASX of changes to its issued capital, detailing the cessation of several classes of equity-based securities, including options and share rights. The securities, amounting to over 180,000 instruments, have either lapsed because vesting or performance conditions were not met or been cancelled by agreement with the holders, signalling an adjustment to the company’s long-term incentive and capital structure that marginally reduces potential future dilution for existing shareholders.
The most recent analyst rating on (AU:QAL) stock is a Buy with a A$4.26 price target. To see the full list of analyst forecasts on Qualitas Limited stock, see the AU:QAL Stock Forecast page.
Perpetual Limited and its related bodies corporate have ceased to be substantial holders in Qualitas Limited as of December 15, 2025. This change in substantial holding may impact Qualitas Limited’s shareholder structure and could have implications for its market positioning and stakeholder interests.
The most recent analyst rating on (AU:QAL) stock is a Buy with a A$4.26 price target. To see the full list of analyst forecasts on Qualitas Limited stock, see the AU:QAL Stock Forecast page.
Qualitas Limited announced a change in the director’s interest, specifically regarding Andrew Schwartz’s holdings. Schwartz acquired 1,250,529 ordinary shares under the company’s Long Term Incentive Loan Plan, with these shares subject to a performance vesting period from July 2025 to June 2029. This change reflects the company’s ongoing commitment to aligning executive interests with long-term performance goals, potentially impacting shareholder value and market perception.
The most recent analyst rating on (AU:QAL) stock is a Buy with a A$4.26 price target. To see the full list of analyst forecasts on Qualitas Limited stock, see the AU:QAL Stock Forecast page.
Qualitas Limited has announced the quotation of 1,250,529 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of an employee incentive scheme, allowing these securities to be traded without transfer restrictions. The issuance of these securities is expected to enhance liquidity and potentially improve market perception of the company, benefiting stakeholders by aligning employee interests with company performance.
The most recent analyst rating on (AU:QAL) stock is a Buy with a A$4.26 price target. To see the full list of analyst forecasts on Qualitas Limited stock, see the AU:QAL Stock Forecast page.
Qualitas Limited announced that all resolutions at its 2025 Annual General Meeting were passed. This outcome supports the company’s strategic direction and may enhance its operational stability and market confidence. The successful resolutions are expected to positively impact stakeholders, affirming Qualitas’s commitment to creating long-term value for shareholders and the communities it serves.
The most recent analyst rating on (AU:QAL) stock is a Buy with a A$4.26 price target. To see the full list of analyst forecasts on Qualitas Limited stock, see the AU:QAL Stock Forecast page.
Qualitas Limited has announced the details of its upcoming 2025 Annual General Meeting, including speeches and presentations from key executives. The company continues to position itself as a leader in the alternative real estate investment sector, with a strong focus on creating long-term value for shareholders and partners through its diverse investment offerings.
The most recent analyst rating on (AU:QAL) stock is a Buy with a A$4.26 price target. To see the full list of analyst forecasts on Qualitas Limited stock, see the AU:QAL Stock Forecast page.
Qualitas Limited announced a change in the director’s interest, specifically involving Andrew Schwartz, who disposed of 15,100,000 ordinary shares. This off-market sale, valued at $3.51 per share, reflects a significant adjustment in Schwartz’s holdings, potentially impacting investor perceptions and the company’s market positioning.
The most recent analyst rating on (AU:QAL) stock is a Hold with a A$3.50 price target. To see the full list of analyst forecasts on Qualitas Limited stock, see the AU:QAL Stock Forecast page.
Qualitas Limited has released its 2025 Annual General Meeting Notice, including a proxy form and a virtual AGM guide. This announcement underscores the company’s commitment to transparent communication with its stakeholders, reflecting its strategic focus on maintaining strong investor relations. The AGM serves as a platform for discussing the company’s performance and future plans, reinforcing its position in the real estate investment sector.
The most recent analyst rating on (AU:QAL) stock is a Hold with a A$3.50 price target. To see the full list of analyst forecasts on Qualitas Limited stock, see the AU:QAL Stock Forecast page.
Qualitas Limited has released its 2025 Annual Report, highlighting its continued growth and strategic positioning in the real estate investment sector. The company emphasizes its broad platform and diverse investment solutions as key drivers for accelerating business growth and enhancing shareholder performance.
The most recent analyst rating on (AU:QAL) stock is a Hold with a A$3.50 price target. To see the full list of analyst forecasts on Qualitas Limited stock, see the AU:QAL Stock Forecast page.
Qualitas Limited announced that Andrew Schwartz, the Group Managing Director and Co-Founder, sold 15.1 million shares to a large global listed equities manager, reducing his holding to 19% of the company’s issued capital. This transaction, marking Schwartz’s first sale since the company’s IPO, reflects confidence in Qualitas’ growth trajectory and enhances its profile among global investors. The company continues to see strong momentum in its credit and equity strategies, with a growing pipeline of investments and increased investor interest, positioning it well for future growth.
The most recent analyst rating on (AU:QAL) stock is a Hold with a A$3.50 price target. To see the full list of analyst forecasts on Qualitas Limited stock, see the AU:QAL Stock Forecast page.
Qualitas Limited has announced the cessation of certain securities, specifically 15,000 share rights canceled by agreement and 5,000 share rights that lapsed due to unmet conditions. This announcement indicates a reduction in the company’s issued capital, which may affect its market positioning and stakeholder interests.
The most recent analyst rating on (AU:QAL) stock is a Hold with a A$3.50 price target. To see the full list of analyst forecasts on Qualitas Limited stock, see the AU:QAL Stock Forecast page.