Sprintex Limited (AU:SIX)
ASX:SIX
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Sprintex Limited
(Sydney:SIX)
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Rating:42Neutral
Price Target:
AU$0.07
▲(20.00% Upside)
Action:ReiteratedDate:03/24/26
Overall score is pressured primarily by weak financial performance (ongoing losses, negative equity, and negative cash flows). Technical indicators also lean bearish with the price below key moving averages and a negative MACD, while valuation is difficult to justify due to a negative P/E and no dividend yield support.
Positive Factors
Gross margin improvement
A near-doubling of gross margin suggests Sprintex is improving unit economics via pricing, cost control, or higher-margin product mix. Durable higher gross margins materially reduce the revenue needed to reach operating profitability and support reinvestment or margin resilience.
Negative Factors
Negative stockholders' equity
Negative equity reflects cumulative losses and capital erosion, signaling solvency risk. Structurally, this limits access to traditional financing, raises refinancing and covenant risk, and constrains strategic options unless offset by capital injections or sustained profitable operations.
Read all positive and negative factors
Positive Factors
Negative Factors
Gross margin improvement
A near-doubling of gross margin suggests Sprintex is improving unit economics via pricing, cost control, or higher-margin product mix. Durable higher gross margins materially reduce the revenue needed to reach operating profitability and support reinvestment or margin resilience.
Read all positive factors
Sprintex Limited (SIX) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$52.66M
Dividend YieldN/A
Average Volume (3M)232.61K
Price to Earnings (P/E)―
Beta (1Y)-0.15
Revenue Growth134.82%
EPS Growth62.90%
CountryAU
Employees20
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Parts
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding702,162,600
10 Day Avg. Volume174,406
30 Day Avg. Volume232,611
Financial Highlights & Ratios
PEG Ratio1.14
Price to Book (P/B)-7.21
Price to Sales (P/S)16.61
P/FCF Ratio-5.54
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Sprintex Limited Business Overview & Revenue Model
Company Description
Sprintex 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 marke...
How the Company Makes Money
Sprintex makes money mainly by selling its compressor-based products and related solutions to customers and partners, and by providing associated engineering and technical services that support product integration and deployment. Key revenue strea...
Sprintex Limited Financial Statement Overview
Summary
Income Statement
25
Negative
Balance Sheet
15
Very Negative
Cash Flow
20
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.18M | 1.51M | 1.20M | 1.02M | 493.32K | 574.85K |
| Gross Profit | 198.34K | 602.75K | 359.90K | 211.89K | 41.13K | 332.83K |
| EBITDA | -4.00M | -5.05M | -3.69M | -3.34M | -5.74M | 47.65K |
| Net Income | -4.28M | -6.14M | -4.50M | -4.38M | -5.88M | 127.64K |
Balance Sheet | ||||||
| Total Assets | 3.88M | 3.89M | 4.49M | 2.30M | 1.88M | 3.46M |
| Cash, Cash Equivalents and Short-Term Investments | 209.60K | 693.25K | 1.94M | 49.25K | 80.04K | 2.57M |
| Total Debt | 5.74M | 4.57M | 4.71M | 3.20M | 337.33K | 284.01K |
| Total Liabilities | 7.14M | 7.37M | 6.38M | 4.48M | 706.53K | 611.07K |
| Stockholders Equity | -3.26M | -3.48M | -1.89M | -2.18M | 1.17M | 2.84M |
Cash Flow | ||||||
| Free Cash Flow | -4.27M | -4.53M | -3.76M | -3.31M | -5.24M | -3.40M |
| Operating Cash Flow | -4.03M | -4.02M | -3.52M | -3.21M | -4.29M | -3.35M |
| Investing Cash Flow | 92.36K | -465.88K | -169.34K | 52.69K | -946.36K | -357.64K |
| Financing Cash Flow | 3.22M | 2.96M | 5.58M | 3.13M | 2.75M | 6.09M |
Sprintex Limited Technical Analysis
Positive
0.06
Price Trends
0.07
Positive
0.07
Positive
0.06
Positive
Market Momentum
<0.01
Negative
74.99
Negative
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SIX, the sentiment is Positive. The current price of 0.06 is below the 20-day moving average (MA) of 0.07, below the 50-day MA of 0.07, and below the 200-day MA of 0.06, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 74.99 is Negative, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:SIX.
Sprintex Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | AU$261.62M | 13.78 | 6.95% | 4.50% | -6.52% | -46.76% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
58 Neutral | AU$284.08M | -101.48 | -1.82% | ― | 18.26% | -600.00% | |
57 Neutral | AU$55.72M | 19.91 | 17.94% | ― | 27.41% | 54.55% | |
51 Neutral | AU$6.54M | -2.30 | 2.26% | ― | -13.04% | -58.60% | |
43 Neutral | AU$33.54M | -1.00 | -13.84% | ― | -5.57% | 77.42% | |
42 Neutral | AU$52.66M | -8.74 | 126.86% | ― | 134.82% | 62.90% |
* Consumer Cyclical Sector Average
AU:SIX
Sprintex Limited
0.07
0.02
44.90%
AU:NTD
National Tyre & Wheel Ltd.
0.20
0.00
0.00%
AU:SFC
Schaffer Corporation Limited
19.25
-0.75
-3.77%
AU:ABV
Advanced Braking Technology Limited
0.14
0.05
55.56%
AU:AMA
Ama Group Limited
0.56
-0.19
-25.33%
AU:RPM
RPM Automotive Group Ltd.
0.03
-0.03
-50.00%
Sprintex Limited Corporate Events
Sprintex Issues 1.08 Million Unlisted Convertible Notes in Private Funding Move
May 1, 2026
Sprintex Limited has notified the market of the issue of 1,075,000 unquoted convertible notes effective 1 May 2026. The new securities form part of a previously announced transaction and will not be quoted on the ASX, indicating the company is usi...
Sprintex expands global pipeline as Mest Water rollout slips by three months
Apr 29, 2026
Sprintex reported a strong March quarter marked by international expansion, with new distribution agreements in South Korea, Bangladesh and Saudi Arabia, and continued progress in India, the UK and Europe. The company now has four revenue streams ...
Sprintex Seals Saudi Distribution Deal and Bids for King Salman Airport Project
Apr 28, 2026
Sprintex Limited has signed an exclusive distribution agreement with Washnah Trading Co. covering its G-Series, GA and GR high-speed jet blowers across Saudi Arabia, with performance-based exclusivity tied to minimum annual order commitments follo...
Sprintex plans issue of 1.1m convertible notes in new placement
Apr 26, 2026
Sprintex Limited has outlined plans for a new capital raise through the proposed issue of up to 1,075,000 convertible notes. The securities are to be issued as part of a placement or similar structure, with the proposed issue date set for 1 May 20...
Sprintex to Raise A$1.075m Through Convertible Note Issue
Apr 26, 2026
Sprintex Limited has arranged to raise A$1.075 million via the issuance of 1,075,000 convertible notes, each with a face value of A$1.00, maturing on 30 June 2027 and carrying an 8% annual cash interest rate. Noteholders may convert their holdings...
Sprintex Seeks Trading Halt Ahead of Convertible Note Announcement
Apr 22, 2026
Sprintex Limited has requested a trading halt on its securities on the ASX, effective from the start of trading on 23 April 2026. The halt is sought while the company finalises and prepares to release an announcement regarding a proposed convertib...
Sprintex seals exclusive Bangladesh jet blower deal to drive growth
Apr 13, 2026
Sprintex Limited has secured an exclusive three-year distribution agreement with Dhaka-based Kingsley Engineering Service Corporation to supply its G-Series Jet Blowers for wastewater aeration applications across Bangladesh. The deal includes an i...
Sprintex seals exclusive South Korean hydrogen compressor distribution deal
Mar 29, 2026
Sprintex Limited has signed an exclusive distribution agreement with Seoul-based ChoisTechnics Corp. to supply its fuel cell compressors in South Korea, one of the world’s most advanced hydrogen economies. The deal covers hydrogen fuel cell ...
Sprintex Clears Key UK Water Utility Hurdle in £104bn Investment Cycle
Mar 23, 2026
Sprintex has cleared a key selection hurdle in a procurement process with a major UK water utility for its specialist blower technologies, moving into the contractual compliance and invitation-to-tender stages. The step, achieved alongside its exc...
Sprintex Deepens India Push With Expanded Euroteck Network and G15 Demo Rollout
Feb 25, 2026
Sprintex Limited has strengthened its position in India’s clean-air and water treatment equipment market through an expanded channel network and targeted deployment of its G15 Jet Blower technology. Working with exclusive distributor Eurotec...
Sprintex Narrows Half-Year Loss as Revenue Jumps, But Going-Concern Risks Persist
Feb 25, 2026
Sprintex Limited reported a 162% surge in revenue from ordinary activities to $2.71 million for the six months to 31 December 2025, up from $1.03 million a year earlier. The company significantly reduced its net loss by 52% to $1.73 million, while...
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.