tiprankstipranks
Trending News
More News >
Sprintex Limited (AU:SIX)
ASX:SIX
Australian Market

Sprintex Limited (SIX) AI Stock Analysis

Compare
7 Followers

Top Page

AU:SIX

Sprintex Limited

(Sydney:SIX)

Select Model
Select Model
Select Model
Neutral 48 (OpenAI - 4o)
Rating:48Neutral
Price Target:
AU$0.06
▲(14.00% Upside)
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.
Positive Factors
Product Innovation
Continuous investment in R&D allows Sprintex to maintain a competitive edge by developing advanced supercharger systems, attracting a loyal customer base and enhancing market position.
Revenue Model
A diversified revenue model with strategic partnerships and direct sales enhances market reach and stability, supporting long-term growth potential.
Gross Profit Margin Improvement
Improving gross profit margins indicate better cost management and pricing strategies, which can lead to enhanced profitability over time.
Negative Factors
High Leverage
High leverage increases financial risk and limits flexibility, potentially impacting the company's ability to invest in growth and manage economic downturns.
Negative Cash Flows
Persistent negative cash flows restrict the company's ability to fund operations, invest in new projects, and reduce debt, posing a long-term financial challenge.
Profitability Challenges
Ongoing profitability issues highlight operational inefficiencies and market challenges, threatening long-term sustainability and shareholder value.

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

Sprintex Limited Business Overview & Revenue Model

Company DescriptionSprintex Limited (SIX) is a dynamic company specializing in the development and manufacturing of advanced supercharger systems for automotive applications. With a strong focus on enhancing engine performance and efficiency, Sprintex operates within the automotive sector, primarily catering to aftermarket enhancements. The company's core products include innovative supercharger kits designed for a wide range of vehicle models, aiming to deliver superior power and torque to both performance enthusiasts and everyday drivers.
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 faces significant financial challenges, with persistent losses, high leverage, and negative cash flows. Despite some revenue growth and improving gross profit margins, the company's financial health is undermined by its inability to achieve profitability and manage its debt effectively.
Income Statement
25
Negative
Sprintex Limited has shown some revenue growth over the years, with a notable increase in gross profit margin from 20.7% in 2023 to 39.9% in 2025. However, the company is struggling with profitability, as evidenced by consistently negative net profit margins, EBIT margins, and EBITDA margins. The net profit margin has worsened from -2.1% in 2020 to -4.1% in 2025, indicating increasing losses.
Balance Sheet
15
Very Negative
The balance sheet reveals significant financial instability, with negative stockholders' equity in recent years, indicating potential solvency issues. The debt-to-equity ratio is negative, reflecting high leverage and financial risk. Return on equity is also negative, further highlighting the company's inability to generate profits from its equity base.
Cash Flow
20
Very Negative
Sprintex Limited's cash flow situation is concerning, with negative operating and free cash flows throughout the period. Although there was a slight improvement in the free cash flow to net income ratio, the overall cash flow position remains weak, limiting the company's ability to invest in growth or reduce debt.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue1.51M1.51M1.20M1.02M493.32K574.85K
Gross Profit602.74K602.75K359.90K211.89K41.13K332.83K
EBITDA-5.05M-5.05M-3.69M-3.34M-5.74M47.65K
Net Income-6.14M-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-4.53M-4.53M-3.76M-3.31M-5.24M-3.40M
Operating Cash Flow-4.02M-4.02M-3.52M-3.21M-4.29M-3.35M
Investing Cash Flow-465.88K-465.88K-169.34K52.69K-946.36K-357.64K
Financing Cash Flow2.96M2.96M5.58M3.13M2.75M6.09M

Sprintex Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.05
Price Trends
50DMA
0.05
Negative
100DMA
0.05
Negative
200DMA
0.05
Positive
Market Momentum
MACD
>-0.01
Positive
RSI
21.71
Positive
STOCH
25.64
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SIX, the sentiment is Negative. The current price of 0.05 is below the 20-day moving average (MA) of 0.06, 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 Positive momentum. The RSI at 21.71 is Positive, neither overbought nor oversold. The STOCH value of 25.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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
66
Neutral
AU$278.61M11.4810.48%4.47%1.54%-10.39%
63
Neutral
AU$13.89M2.938.25%-5.17%-19.44%
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
61
Neutral
AU$43.76M23.9118.17%25.15%2.22%
53
Neutral
AU$382.86M-47.90-4.58%13.54%66.33%
48
Neutral
AU$35.60M-4.63-27.79%32.50%
48
Neutral
AU$42.77M-0.86-44.12%0.89%-2641.38%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:SIX
Sprintex Limited
0.05
>-0.01
-16.67%
AU:NTD
National Tyre & Wheel Ltd.
0.27
-0.11
-28.95%
AU:SFC
Schaffer Corporation Limited
20.12
-0.45
-2.19%
AU:ABV
Advanced Braking Technology Limited
0.11
0.03
37.50%
AU:AMA
Ama Group Limited
0.80
0.22
37.93%
AU:RPM
RPM Automotive Group Ltd.
0.05
-0.02
-28.57%

Sprintex Limited Corporate Events

Sprintex Limited Updates Director’s Interest Notice
Nov 30, 2025

Sprintex Limited has announced a change in the director’s interest notice, specifically concerning Steven Apedaile’s indirect interest in securities. The change involves the Apedaile Family Trust, where Mr. Apedaile is a trustee and beneficiary. This update reflects the company’s compliance with ASX listing rules and ensures transparency in the director’s holdings, which could impact stakeholders’ perceptions of governance and trust within the company.

Sprintex Limited Issues New Performance Rights as Part of Employee Incentive Scheme
Nov 30, 2025

Sprintex Limited has announced the issuance of new unquoted equity securities in the form of performance rights with various expiration dates. This move is part of an employee incentive scheme and involves a total of 89 million performance rights, which are not intended to be quoted on the ASX. The issuance of these securities is expected to enhance employee engagement and align their interests with the company’s long-term goals.

Sprintex Limited Announces Cessation of Securities
Nov 30, 2025

Sprintex Limited has announced the cessation of certain securities, specifically performance rights, totaling 56,057,000 units. This cessation, effective November 27, 2025, was executed through a cancellation agreement between the company and the holders. The impact of this announcement may influence the company’s capital structure and could have implications for its stakeholders.

Sprintex Limited Successfully Passes All Resolutions at Recent Meeting
Nov 14, 2025

Sprintex Limited held a meeting where all proposed resolutions were passed, including the adoption of the remuneration report, re-election of director Li Chen, and various ratifications and approvals related to share and option issuances. These decisions reflect strong shareholder support and are likely to enhance the company’s financial flexibility and governance structure.

Sprintex Limited Announces Cessation of Securities
Nov 4, 2025

Sprintex Limited has announced the cessation of certain securities due to the expiry of options or other convertible securities without exercise or conversion. Specifically, 21,997,500 performance rights under the code SIXAY and 2,500,000 performance rights under the code SIXAAA have ceased as of October 31, 2025. This cessation of securities may impact the company’s capital structure and could have implications for stakeholders, potentially affecting the company’s market positioning and investor relations.

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.

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