SciDev Ltd (SDV) AI Stock Analysis

• Market Cap: AU$59.88M
• Dividend Yield: N/A
• Average Volume (3M): 165.08K
• Price to Earnings (P/E): 29.2
• Beta (1Y): 0.06
• Revenue Growth: 20.25%
• EPS Growth: N/A
• Country: AU
• Employees: 22
• Sector: Basic Materials
• Sector Strength: 68
• Industry: Chemicals - Specialty
• EPS (TTM): 0.00
• Shares Outstanding: 190,088,200
• 10 Day Avg. Volume: 110,572
• 30 Day Avg. Volume: 165,084
• PEG Ratio: 0.01
• Price to Book (P/B): 1.39
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.67
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$0.60
• Price Target Upside: 87.50% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 59 Neutral
• Price Target: AU$0.50 ▲(56.25%Upside)

SciDev Ltd's overall stock score is moderately low due to bearish technical indicators, with the stock trading below key moving averages and negative MACD. The financial performance is strong, with robust revenue growth and improved profitability, but the valuation is high, with a P/E ratio above the industry average without a dividend yield to compensate. The lack of recent earnings call insights and corporate events further limits positive influences on the stock score.

SciDev Ltd Business Overview & Revenue Model

Company Description

SciDev Ltd (SDV) is an Australian-based company operating in the environmental services and water treatment sectors. The company specializes in the development and supply of chemicals and technology solutions aimed at enhancing the efficiency of industrial processes while minimizing environmental impact. SciDev's core products include coagulants, flocculants, and other water treatment chemicals, which are essential in industries such as mining, oil and gas, and infrastructure.

How the Company Makes Money

SciDev Ltd generates revenue through the sale of its chemical products and technology solutions to various industrial sectors. The company's key revenue streams include contracts and agreements with mining companies, oil and gas operators, and infrastructure projects that require effective water and waste management solutions. Additionally, SciDev's earnings are supported by its partnerships with global chemical manufacturers and distributors, allowing it to expand its market reach and enhance its service offerings. By providing tailored solutions that improve operational efficiency and environmental compliance, SciDev secures long-term relationships with its clients, contributing to its financial performance.

SciDev Ltd Financial Statement Overview

Summary

SciDev Ltd displays a strong financial position with robust revenue growth and improved profitability margins. The company maintains a healthy balance sheet with low leverage, creating a stable financial foundation. Cash flows have improved, indicating better cash management practices. Overall, SciDev Ltd is progressing positively with sound financial health.

Income Statement

SciDev Ltd has shown strong revenue growth, with a significant increase in Total Revenue from the previous year. The Gross Profit Margin and Net Profit Margin have improved, indicating better cost management and profitability. The EBIT and EBITDA margins have also shown positive trends, further solidifying the company's operational efficiency.

Balance Sheet

The balance sheet is stable with a healthy Equity Ratio indicating a strong asset base relative to liabilities. The Debt-to-Equity Ratio is low, reflecting low leverage and financial risk. Return on Equity (ROE) has turned positive, showcasing improved earnings for shareholders.

Cash Flow

The cash flow statement reflects a solid Operating Cash Flow to Net Income Ratio, demonstrating effective cash generation from operations. Free Cash Flow has improved, showing a positive growth rate, though it's still important to monitor capital expenditures and investing activities.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
108.91M	109.09M	89.72M	55.60M	42.52M	17.91M
	Gross Profit
34.90M	33.97M	6.83M	3.69M	1.37M	-476.31K
	EBIT
12.38M	4.62M	456.00K	-479.00K	-513.47K	-2.89M
	EBITDA
7.77M	7.65M	3.92M	1.13M	1.88M	-1.86M
	Net Income Common Stockholders
2.05M	2.17M	-339.00K	-616.00K	3.45M	-875.24K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.08M	9.43M	7.73M	14.06M	7.01M	4.48M
	Total Assets
13.84M	72.01M	67.37M	71.16M	56.15M	27.17M
	Total Debt
88.45K	5.13M	3.48M	2.90M	5.13M	538.35K
	Net Debt
-2.99M	-4.30M	-4.25M	-11.17M	-1.88M	-3.94M
	Total Liabilities
4.13M	21.78M	19.35M	22.32M	24.54M	9.76M
	Stockholders Equity
9.72M	50.24M	48.02M	48.84M	31.61M	17.41M
Cash Flow		Free Cash Flow
6.91M	4.48M	522.00K	-3.83M	-1.92M	-1.05M
	Operating Cash Flow
8.21M	6.48M	4.81M	-1.31M	-1.32M	-177.47K
	Investing Cash Flow
-5.02M	-3.71M	-8.39M	-6.65M	-2.49M	-1.79M
	Financing Cash Flow
1.43M	-1.06M	-2.83M	14.99M	6.34M	4.70M

SciDev Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.32
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: 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 0.32 is below the 20-day moving average (MA) of 0.35, below the 50-day MA of 0.38, and below the 200-day MA of 0.49, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 29.14 is Positive, neither overbought nor oversold. The STOCH value of 4.17 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RUL	73 Outperform	AU$669.72M	108.14	11.59%	―	9.76%	-28.92%
MAH	72 Outperform	AU$619.54M	13.35	7.28%	3.73%	19.01%	-34.62%
LYC	60 Neutral	AU$8.77B	158.09	2.27%	―	-20.07%	-74.91%
SDV	59 Neutral	AU$59.88M	29.17	4.12%	―	20.25%	―
AJL	53 Neutral	AU$8.25M	―		―	3.26%	-800.00%
Sector *	51 Neutral	$2.04B	-1.15	-21.24%	3.95%	2.91%	-30.44%
MSB	48 Neutral	$2.38B	―	-21.31%	―	―	―

SciDev Ltd Corporate Events

SciDev Reports Strong Q3 FY25 Amid Market Volatility

SciDev Limited reported a solid Q3 FY25 performance, with a 10% increase in revenue to $26.3 million and a 200% rise in EBITDA to $2.1 million, despite volatile market conditions. The company expanded its market share in the US Oil & Gas sector and secured significant contracts, including a PFAS remediation project for the US Department of Defence. While client-driven delays may shift some revenues to FY26, the demand for SciDev’s proprietary chemistry remains strong, supporting improved margins. The company is well-positioned to capitalize on the growing demand for sustainable water treatment solutions, with a healthy business development pipeline across all units.

SciDev Announces Strategic Board Restructuring

SciDev Ltd has announced significant changes to its board composition, with Mike Utsler appointed as the new Chairman, effective April 1, 2025. This change is part of a strategic move to guide the company through its next growth phase. Additionally, CEO Sean Halpin will transition to the role of Managing Director, following the resolution of conflicts of interest related to a previous acquisition. The board also welcomes Johannes Risseeuw as a Non-Executive Director, replacing Jon Gourlay, who will retire later in the year. These changes are expected to strengthen SciDev’s leadership and support its long-term growth objectives.

SciDev Secures First US Contract for PFAS Remediation with DoD

SciDev Ltd has secured its first contract in the United States for PFAS remediation, partnering with consulting firm Halff to treat PFAS-contaminated water at US Department of Defense sites. This A$396K contract involves treating up to 190,000 liters of contaminated water across four installations in the Southern US, marking a significant milestone in SciDev’s expansion into the US water technology market. The contract opens up a substantial market opportunity for SciDev, as the US PFAS remediation market is valued at USD $220 billion, with 55,000 identified sites requiring treatment. This development underscores the critical role of SciDev’s proprietary solutions in addressing environmental challenges and highlights the growing global demand for sustainable water treatment solutions.

SciDev Ltd Issues Performance Rights to Boost Employee Engagement

SciDev Ltd has announced the issuance of 2,732,919 FY2025 Performance Rights as part of an employee incentive scheme. This move is expected to enhance employee engagement and align their interests with the company’s growth objectives, potentially strengthening SciDev’s position in the competitive technology industry.