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Sprintex Limited
(Sydney:SIX)
Sprintex Limited (SIX) vs. iShares MSCI Australia ETF (EWA)
Sprintex Limited Business Overview & Revenue Model
Sprintex Limited Financial Statement Overview
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.20M | 1.02M | 493.32K | 574.85K | 1.13M |
| Gross Profit | 359.90K | 211.89K | 41.13K | 332.83K | 145.62K |
| EBITDA | -3.69M | -3.34M | -5.74M | -3.31M | -2.63M |
| Net Income | -4.50M | -4.38M | -5.88M | 127.64K | -2.37M |
Balance Sheet | |||||
| Total Assets | 4.49M | 2.30M | 1.88M | 3.46M | 673.89K |
| Cash, Cash Equivalents and Short-Term Investments | 1.94M | 49.25K | 80.04K | 2.57M | 176.26K |
| Total Debt | 4.71M | 3.20M | 337.33K | 284.01K | 6.25M |
| Total Liabilities | 6.38M | 4.48M | 706.53K | 611.07K | 8.22M |
| Stockholders Equity | -1.89M | -2.18M | 1.17M | 2.84M | -7.55M |
Cash Flow | |||||
| Free Cash Flow | -3.76M | -3.31M | -5.24M | -3.40M | -1.07M |
| Operating Cash Flow | -3.52M | -3.21M | -4.29M | -3.35M | -1.01M |
| Investing Cash Flow | -169.34K | 52.69K | -946.36K | -357.64K | -542.01K |
| Financing Cash Flow | 5.58M | 3.13M | 2.75M | 6.09M | 971.30K |
Sprintex Limited Technical Analysis
Sprintex Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | AU$17.62M | 4.14 | 6.94% | ― | 12.63% | 46.73% | |
69 Neutral | AU$283.37M | 9.15 | 13.91% | 4.32% | 5.89% | 79.20% | |
65 Neutral | AU$31.83M | 24.24 | 14.53% | ― | 18.20% | -15.38% | |
62 Neutral | AU$2.93B | 27.76 | 4.69% | 4.95% | 2.28% | -33.31% | |
62 Neutral | AU$36.90M | 15.95 | -42.37% | ― | -3.66% | -750.00% | |
48 Neutral | AU$425.65M | 445.00 | 1.53% | ― | -1.09% | ― | |
40 Underperform | AU$28.29M | ― | ― | -29.96% | -37.78% |
Sprintex Limited Corporate Events
Sprintex Limited has signed an exclusive three-year private-label supply agreement with Guangdong Baode Technology Co., Ltd. (BD Compressor), marking its entry into China’s vast aquaculture market. This agreement, valued at A$9.3 million, provides a new revenue stream and operational scale-up opportunities for Sprintex, as it positions itself to meet the growing demand for energy-efficient aquaculture equipment in a market that produces over 60% of the world’s aquaculture output.
Sprintex Limited has announced a change in the interests of its director, Steven Apedaile, in the company’s securities. The notice details the direct and indirect interests held by Mr. Apedaile, including his roles in various trusts and companies. This update is part of the company’s compliance with ASX listing rules and provides transparency regarding the director’s financial interests in the company.
Sprintex Limited has extended the maturity dates of its convertible note and loan agreements, totaling A$2.85 million, with China Automotive Holdings Limited and Distacom Enterprises Limited. This extension provides Sprintex with increased financial flexibility to pursue upcoming sales and marketing initiatives, including a significant trial with Van Drie Group, which could lead to substantial revenue. The agreements reflect strong support from stakeholders and are expected to enhance the company’s operational capabilities and shareholder value.
Sprintex Limited has announced the cessation of 41,445,696 securities due to the expiry of options or other convertible securities without exercise or conversion as of June 30, 2025. This development may impact the company’s capital structure and could have implications for its market positioning and stakeholder interests.
Sprintex Limited has secured a significant order of A$377,000 and expanded its distribution agreement in Türkiye, extending exclusivity and increasing order commitments. The company has launched larger capacity jet blowers, aiming to capitalize on Türkiye’s demand for energy-efficient solutions supported by government incentives. These developments are expected to enhance Sprintex’s market position, offering substantial revenue potential and aligning with national energy efficiency priorities.
Sprintex Limited has announced the successful commissioning and enhancement of its ZLD-UP system at Mest Water’s facility, which is set to undergo trials with Van Drie Group, a leading agribusiness in the Netherlands. The trial could lead to a significant order of 200 units, generating substantial revenue for Sprintex and showcasing the system’s potential to reduce ammonia emissions and transform manure into valuable products, thereby expanding its market reach across Europe.
Sprintex Limited has announced a change in the substantial holding of its shares by Michael Wilson, who now holds a relevant interest in 34,000,000 ordinary shares, representing a voting power of 5.41%. This change reflects a significant acquisition of shares both off-market and on-market, impacting the company’s shareholder structure and potentially influencing its governance and strategic decisions.
Sprintex Limited has reported significant advancements in the March quarter, setting a strong foundation for future sales and market expansion. The company completed a proof of concept with Mest Water, leading to negotiations for a substantial order of ZLD-Up systems valued at over A$8 million. Additionally, Sprintex’s participation in the Hannover Messe technology fair has generated interest and potential partnerships, while a successful collaboration with SEA LIFE demonstrated a 72% energy reduction, highlighting the efficiency of Sprintex’s technology. With a capitalization of A$53.25 million, Sprintex is well-positioned for continued innovation and growth.