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Sprintex Limited (AU:SIX)
ASX:SIX
Australian Market
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Sprintex Limited (SIX) AI Stock Analysis

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AU:SIX

Sprintex Limited

(Sydney:SIX)

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Neutral 48 (OpenAI - 4o)
Rating:48Neutral
Price Target:
AU$0.00
▼(-100.00% Downside)
The overall stock score is primarily impacted by Sprintex Limited's weak financial performance, characterized by persistent losses and high leverage. Technical analysis provides a neutral outlook, while valuation metrics highlight the company's unprofitability. The absence of earnings call data and corporate events further limits the potential for a positive reassessment.

Sprintex Limited (SIX) vs. iShares MSCI Australia ETF (EWA)

Sprintex Limited Business Overview & Revenue Model

Company DescriptionSprintex Limited, together with its subsidiaries, manufactures and distributes clean air compressors. Its clean air compressors comprise superchargers and supercharger systems. The company also provides customer support, as well as sales and marketing services. It operates in the United States, Australia, the United Arab Emirates, and internationally. The company was incorporated in 2003 and is based in Darch, Australia.
How the Company Makes MoneySprintex Limited generates revenue primarily through the sale of its supercharger systems and associated automotive performance products. The company's revenue model is driven by direct sales to consumers and automotive retailers, as well as partnerships with automotive dealerships and performance shops. Key revenue streams include the sale of supercharger kits, installation services, and aftermarket accessories. Additionally, Sprintex benefits from strategic partnerships with automotive manufacturers and performance brands, enhancing its market reach and providing opportunities for co-branded products. The company also invests in research and development to innovate and expand its product offerings, which helps maintain a competitive edge and attract a loyal customer base.

Sprintex Limited Financial Statement Overview

Summary
Sprintex Limited is facing severe financial challenges. The income statement reveals persistent profitability issues with negative net income and substantial EBIT losses. The balance sheet indicates insolvency risk due to negative equity and high leverage, while cash flow analysis shows an inability to generate cash from operations and reliance on unsustainable external financing.
Income Statement
Sprintex Limited faces significant challenges in its income statement. While the company has shown some revenue growth, the consistent negative net income and substantial EBIT losses highlight ongoing profitability issues. The gross profit margin remains low, and both EBIT and EBITDA margins are deeply negative, indicating operational inefficiencies and cost management concerns.
Balance Sheet
The balance sheet presents a precarious financial position. The company has a negative equity, indicating insolvency risk. The debt-to-equity ratio cannot be calculated due to negative equity, but the high level of debt relative to assets suggests significant leverage. This high leverage poses a risk, particularly given ongoing losses.
Cash Flow
Cash flow analysis reveals significant strains with negative operating and free cash flows, reflecting an inability to generate cash from core operations. The free cash flow to net income ratio is unfavorable, and the company is reliant on external financing, as seen by positive financing cash flows, which could be unsustainable in the long term.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue475.83K1.51M1.20M1.02M493.32K574.85K
Gross Profit254.99K602.75K359.90K211.89K41.13K332.83K
EBITDA-2.48M-5.05M-3.69M-3.34M-5.74M47.65K
Net Income-2.55M-6.14M-4.50M-4.38M-5.88M127.64K
Balance Sheet
Total Assets3.89M3.89M4.49M2.30M1.88M3.46M
Cash, Cash Equivalents and Short-Term Investments693.25K693.25K1.94M49.25K80.04K2.57M
Total Debt4.57M4.57M4.71M3.20M337.33K284.01K
Total Liabilities7.37M7.37M6.38M4.48M706.53K611.07K
Stockholders Equity-3.48M-3.48M-1.89M-2.18M1.17M2.84M
Cash Flow
Free Cash Flow-2.15M-4.53M-3.76M-3.31M-5.24M-3.40M
Operating Cash Flow-1.94M-4.02M-3.52M-3.21M-4.29M-3.35M
Investing Cash Flow124.26K-465.88K-169.34K52.69K-946.36K-357.64K
Financing Cash Flow1.32M2.96M5.58M3.13M2.75M6.09M

Sprintex Limited Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.05
Price Trends
50DMA
0.05
Negative
100DMA
0.05
Positive
200DMA
0.05
Positive
Market Momentum
MACD
<0.01
Negative
RSI
48.46
Neutral
STOCH
51.95
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SIX, the sentiment is Neutral. The current price of 0.05 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.05, and above the 200-day MA of 0.05, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 48.46 is Neutral, neither overbought nor oversold. The STOCH value of 51.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:SIX.

Sprintex Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AU$45.75M25.0018.17%25.15%2.22%
AU$290.16M11.9610.48%4.50%1.54%-10.39%
AU$17.08M3.628.25%-5.17%-19.44%
$18.38B12.79-2.54%3.03%1.52%-15.83%
AU$440.29M-54.12-4.58%13.54%66.00%
AU$32.96M-27.79%32.50%
AU$50.31M-1.02-44.12%0.89%-2641.38%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:SIX
Sprintex Limited
0.05
-0.02
-28.57%
AU:NTD
National Tyre & Wheel Ltd.
0.29
-0.13
-30.95%
AU:SFC
Schaffer Corporation Limited
20.00
-0.72
-3.47%
AU:ABV
Advanced Braking Technology Limited
0.11
0.03
37.50%
AU:AMA
Ama Group Limited
0.10
0.04
66.67%
AU:RPM
RPM Automotive Group Ltd.
0.06
-0.02
-25.00%

Sprintex Limited Corporate Events

Sprintex Limited Advances to Large-Scale Commercial Execution
Oct 29, 2025

Sprintex Limited has made significant strides in transitioning from product development to large-scale commercial execution in the September 2025 quarter. The company has advanced key partnerships in Europe, Asia, and India, leading to early revenue generation and expanded market opportunities. In Europe, Sprintex’s technology is being integrated into government-backed environmental projects, while in India, the company has strengthened its market presence through a successful partnership with Euroteck Environmental Pvt Ltd. Additionally, a new supply agreement in China provides multi-year revenue visibility and access to the aquaculture market. These developments position Sprintex for sustained revenue growth and increased international brand recognition.

Sprintex Advances with Successful PLC System Commissioning at Mest Water
Oct 27, 2025

Sprintex Limited has successfully delivered and commenced the commissioning of its integrated PLC control systems at Mest Water’s Netherlands facility, marking a significant milestone in their collaboration. This development transitions Sprintex from a component supplier to a full-system technology partner, positioning the company to capitalize on a lucrative market opportunity, including a potential maiden order valued at €9.3 million. The integration of Sprintex’s systems is expected to benefit from new European regulations on nitrogen and ammonia reduction, enhancing the economic potential of Mest Water’s ZLD-UP systems and supporting Sprintex’s growth in commercial production orders and recurring revenue.

Sprintex Limited Announces Auditor Change to Enhance Financial Oversight
Oct 15, 2025

Sprintex Limited has announced a change in its auditing firm, with PKF Perth replacing PKF Brisbane Audit as the company’s auditor. This decision follows the rotation of the audit partner and a tendering process for audit services. The appointment of PKF Perth is subject to shareholder approval at the upcoming annual general meeting. This change is part of Sprintex’s ongoing efforts to maintain robust financial oversight and transparency, potentially impacting stakeholder confidence and the company’s operational integrity.

Sprintex Limited Completes Share Issuance to Bolster Market Position
Oct 13, 2025

Sprintex Limited has completed the issuance of 30 million fully paid ordinary shares to new and existing shareholders as part of a placement announced in September 2025. This move is compliant with the Corporations Act and signifies the company’s ongoing efforts to strengthen its financial position and support its innovation-driven approach in clean air technologies, potentially impacting stakeholders by enhancing its market presence in both industrial and automotive sectors.

Sprintex Limited Issues Unquoted Equity Securities
Oct 13, 2025

Sprintex Limited has announced the issuance of 12,500,000 unquoted equity securities, specifically options expiring on June 30, 2026, with an exercise price of $0.10. This issuance is part of previously announced transactions and is not intended to be quoted on the ASX, potentially impacting the company’s financial structure and stakeholder interests.

Sprintex Limited to Quote 30 Million New Shares on ASX
Oct 13, 2025

Sprintex Limited has announced the issuance of 30 million fully paid ordinary shares, which will be quoted on the Australian Securities Exchange (ASX) under the code SIX. This move is part of a previously announced transaction and aims to bolster the company’s financial position, potentially enhancing its market presence and providing additional resources for growth and development.

Sprintex Limited Announces Key Resolutions for Upcoming AGM
Oct 3, 2025

Sprintex Limited has announced its upcoming Annual General Meeting, which will take place on November 14, 2025, in Perth, Australia. The meeting will cover several key agenda items, including the consideration of the company’s financial statements, the adoption of the remuneration report, the re-election of director Li Chen, and the ratification of the issuance of shares and options under placements. These resolutions, particularly those concerning share and option issuances, are significant for the company’s financial strategy and shareholder value, as they reflect ongoing efforts to manage capital and stakeholder interests.

Sprintex Limited Announces Proposed Securities Issue to Boost Capital
Sep 30, 2025

Sprintex Limited has announced a proposed issue of securities, including 30 million ordinary fully paid shares and 12.5 million options expiring on June 30, 2026, with an exercise price of $0.10. This move is expected to provide the company with additional capital, potentially impacting its market position by enabling further development of its product offerings and expansion within the automotive sector.

Sprintex Secures $1.5 Million Investment to Advance Clean Technology Initiatives
Sep 30, 2025

Sprintex Limited has successfully secured $1.5 million in firm commitments from four strategic investors, including international institutions, through the issuance of 30 million new shares. The funds will be used for working capital and to advance collaboration with Mest Water on ammonia-reduction systems in the Netherlands and the European Union. This collaboration is progressing towards significant orders valued at €9.3 million, tied to large-scale deployments with Van Drie Group, the Netherlands’ largest veal producer. The placement, supported by MWP Partners Limited and existing major shareholders, is seen as a strong endorsement of Sprintex’s growth trajectory and its position in the market as regulatory demand continues to drive interest in its high-efficiency technology.

Sprintex Limited Initiates Trading Halt Ahead of Capital Raising Announcement
Sep 29, 2025

Sprintex Limited, a company listed on the Australian Securities Exchange (ASX) under the ticker SIX, has announced a trading halt on its securities. This halt is pending a significant announcement regarding a capital raising initiative. The halt is expected to last until the announcement is made or until normal trading resumes on October 1, 2025. This move indicates a potential strategic financial maneuver by Sprintex, which could impact its market position and stakeholder interests.

Sprintex Limited Announces AGM Date and Director Nomination Deadline
Sep 23, 2025

Sprintex Limited has announced the date for its Annual General Meeting, set for November 14, 2025, and the deadline for director nominations on October 3, 2025. This meeting is a significant event for stakeholders as it provides an opportunity to discuss the company’s strategic direction and governance, potentially impacting its industry positioning and future operations.

Sprintex Secures Major Order for Ammonia Reduction Systems in the Netherlands
Sep 22, 2025

Sprintex Limited has been appointed to supply integrated control systems for Mest Water’s ZLD-UP® units, significantly increasing the order value to A$16.6 million. This development is part of a strategic collaboration aimed at reducing ammonia emissions in Dutch agriculture, aligning with new EU regulatory approvals. The project includes the deployment of 200 systems, with the first installation at Van Drie Group’s site. Sprintex’s innovative control architecture enhances system efficiency and supports scalable manufacturing, positioning the company to capitalize on a large market opportunity in the Netherlands, including targeting smaller farms through a new subsidy scheme.

Sprintex Limited Reports Increased Revenue Amid Rising Losses and Uncertain Future
Aug 27, 2025

Sprintex Limited reported a 26% increase in revenue for the year ending June 30, 2025, reaching $1,509,536, despite a 37% increase in net loss to $6,144,380. The company did not declare any dividends and noted a 30% decrease in net tangible assets per share. The financial results highlight a material uncertainty regarding the company’s going concern status.

Sprintex Limited Announces Quotation of New Securities on ASX
Aug 10, 2025

Sprintex Limited has announced the quotation of 600,000 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code SIX. This move is part of a previously announced transaction, indicating a strategic step in the company’s financial operations, potentially enhancing its market presence and offering new opportunities for investors.

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: Oct 31, 2025