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SciDev Ltd (AU:SDV)
ASX:SDV

SciDev Ltd (SDV) AI Stock Analysis

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AU:SDV

SciDev Ltd

(Sydney:SDV)

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Neutral 50 (OpenAI - 5.2)
Rating:50Neutral
Price Target:
AU$0.21
▼(-55.43% Downside)
Action:ReiteratedDate:03/24/26
The score is held up by an improving (but uneven) financial profile and a low-leverage balance sheet, but it is weighed down by weak technicals (broad downtrend and negative momentum) and limited valuation support due to loss-making/unstable earnings and no dividend data.
Positive Factors
Low leverage balance sheet
SciDev's low debt-to-equity (~0.13) and maintained equity base (~A$48–50m) provide durable financial flexibility. This conservative capital structure reduces refinancing and liquidity risk, supporting R&D, channel transitions and targeted investments during the company's multi-quarter turnaround.
Negative Factors
Inconsistent profitability
Earnings volatility — swinging from profit in 2024 to a small net loss in 2025 — undermines reliable cash flow and returns. Inconsistent profitability complicates reinvestment and makes it harder to sustain operating improvements, delaying stabilization of shareholder returns over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage balance sheet
SciDev's low debt-to-equity (~0.13) and maintained equity base (~A$48–50m) provide durable financial flexibility. This conservative capital structure reduces refinancing and liquidity risk, supporting R&D, channel transitions and targeted investments during the company's multi-quarter turnaround.
Read all positive factors

SciDev Ltd (SDV) vs. iShares MSCI Australia ETF (EWA)

SciDev Ltd Business Overview & Revenue Model

Company Description
SciDev Limited engages in supply of process control, professional services, equipment design and construction, and chemistry in Australia and the United States. The company offers coagulants and flocculants in powder and liquid form under the Maxi...

SciDev Ltd Financial Statement Overview

Summary
Strong multi-year revenue scaling and improved gross margin (~32% in 2025) support the score, and the balance sheet is conservatively levered (debt-to-equity ~0.13). However, earnings are inconsistent (back to a small net loss in 2025) and cash conversion weakened sharply with free cash flow dropping to ~A$0.8m from ~A$4.5m in 2024.
Income Statement
55
Neutral
Balance Sheet
72
Positive
Cash Flow
46
Neutral
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue101.34M103.50M109.09M89.72M55.60M42.52M
Gross Profit18.57M33.39M33.97M6.83M3.69M1.37M
EBITDA3.28M5.91M7.65M4.11M1.13M1.88M
Net Income-2.95M-878.00K2.17M-339.00K-616.00K3.45M
Balance Sheet
Total Assets71.24M75.23M72.01M67.37M71.16M56.15M
Cash, Cash Equivalents and Short-Term Investments7.52M9.68M9.43M7.73M14.06M7.01M
Total Debt6.61M6.26M5.13M3.48M2.90M5.13M
Total Liabilities23.81M25.18M21.78M19.35M22.32M24.54M
Stockholders Equity47.43M50.05M50.24M48.02M48.84M31.61M
Cash Flow
Free Cash Flow-2.13M785.00K4.48M522.00K-3.83M-1.92M
Operating Cash Flow-1.00K2.87M6.48M4.81M-1.31M-1.32M
Investing Cash Flow366.00K-2.35M-3.71M-8.39M-6.65M-2.49M
Financing Cash Flow-3.31M-390.00K-1.06M-2.83M14.99M6.34M

SciDev Ltd Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.46
Price Trends
50DMA
0.32
Negative
100DMA
0.38
Negative
200DMA
0.35
Negative
Market Momentum
MACD
-0.03
Negative
RSI
26.92
Positive
STOCH
-14.29
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SDV, the sentiment is Negative. The current price of 0.46 is above the 20-day moving average (MA) of 0.23, above the 50-day MA of 0.32, and above the 200-day MA of 0.35, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 26.92 is Positive, neither overbought nor oversold. The STOCH value of -14.29 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:SDV.

SciDev Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
55
Neutral
AU$34.67M-2.92-82.31%7.08%33.70%
50
Neutral
AU$38.97M-10.44-6.05%-5.37%-140.00%
48
Neutral
AU$22.45M-2.95-97.12%52.66%
44
Neutral
AU$25.02M-0.76223.49%-32.85%28.00%
43
Neutral
AU$23.57M-1.69483.00%340.27%19.44%
43
Neutral
AU$125.11M-1.24-73.16%16.47%29.53%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:SDV
SciDev Ltd
0.21
-0.26
-55.43%
AU:AJX
Alexium International Group
0.01
0.00
0.00%
AU:DTZ
Dotz Nano Limited
0.03
-0.03
-50.00%
AU:SPN
Sparc Technologies Ltd
0.19
0.01
5.56%
AU:CXL
Calix Ltd.
0.58
0.17
41.46%
AU:CG1
Carbonxt Group Ltd.
0.08
0.03
50.94%

SciDev Ltd Corporate Events

SciDev director Mike Utsler lifts stake with on‑market share purchase
Mar 9, 2026
SciDev Ltd has disclosed a change in the shareholding of director Mike Utsler, who increased his direct holding in the company through on-market purchases executed between 4 and 6 March 2026. The transactions involved acquiring 150,000 fully paid ...
SciDev director Dan O’Toole lifts indirect shareholding with on-market purchase
Feb 27, 2026
SciDev Ltd has disclosed a change in director Dan O’Toole’s relevant interest in the company’s securities, reflecting an increase in his indirect shareholding through Huon Road Pty Ltd . The disclosure, lodged with the ASX, detai...
SciDev Hit by Energy Disruptions and Cost Pressures in First Half FY26
Feb 25, 2026
SciDev Ltd reported a challenging first half of FY26, with revenue slipping to $47.9 million from $49.9 million a year earlier and gross margins contracting to 28%. Management attributed the weaker performance primarily to disruption in fracturing...
SciDev outlines turnaround plan after challenging first half
Feb 25, 2026
SciDev reported a weaker first half of FY26, with revenue slipping to A$47.9 million and underlying EBITDA falling to A$1.1 million, as a frac schedule change at a key U.S. energy customer hit xSlik® sales and international Water Technologies...
SciDev Swings to Deeper Half-Year Loss on Modest Revenue Decline
Feb 25, 2026
SciDev Limited reported half-year revenues of $47.9 million for the period ended 31 December 2025, down 4% from a year earlier, while its net loss after tax widened sharply to $2.14 million from $68,000. The result pushed basic and diluted earning...
SciDev sets date for 1H FY26 results and investor webcast
Feb 23, 2026
SciDev Ltd will release its first-half FY26 financial results before the market opens on 26 February 2026 and will host an investor webcast the same morning. The online briefing, led by Managing Director and CEO Seán Halpin and CFO Todd Scott...
SciDev switches auditors to BDO for 2026 oversight
Feb 4, 2026
SciDev named BDO Audit as its new external auditor after a competitive tender and ASIC-approved resignation of Ernst Young, noting no disagreements with the outgoing firm. The board expects BDO to serve through the 2026 AGM, reinforcing governanc...
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: Mar 24, 2026