Silex Systems Limited (SLX) AI Stock Analysis

• Market Cap: $1.33B
• Dividend Yield: N/A
• Average Volume (3M): 1.49M
• Price to Earnings (P/E): ―
• Beta (1Y): 3.00
• Revenue Growth: 5.81%
• EPS Growth: -86.09%
• Country: AU
• Employees: 38
• Sector: Technology
• Sector Strength: 88
• Industry: Semiconductors
• EPS (TTM): -0.10
• Shares Outstanding: 276,887,300
• 10 Day Avg. Volume: 948,608
• 30 Day Avg. Volume: 1,490,370
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.69
• Enterprise Value/Revenue: 75.48
• Enterprise Value/Gross Profit: -269.20
• Enterprise Value/Ebitda: -236.69
• 1Y Price Target: $6.90
• Price Target Upside: 23.38% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 48 Neutral
• Price Target: AU$4.00 ▼(-28.44% Downside)

Silex Systems Limited's overall stock score is primarily impacted by its financial performance challenges, including declining revenues and persistent losses. While technical analysis shows some positive momentum, valuation metrics are weak due to negative earnings. The lack of earnings call data and corporate events further limits the score.

Silex Systems Limited Business Overview & Revenue Model

Company Description

Silex Systems Limited, a technology commercialization company, engages in the research and development, commercialization, and license of SILEX laser uranium enrichment technology in Australia. It operates through three segments: Silex Systems, Translucent, and Silex USA. The company also develops cREO, a semiconductor technology. Silex Systems Limited was incorporated in 1987 and is based in Sydney, Australia.

How the Company Makes Money

Silex Systems Limited generates revenue primarily through the licensing of its laser enrichment technology to commercial partners in the nuclear energy sector. The company's primary revenue stream comes from milestone payments and royalties associated with the commercialization and deployment of its technology by partners, such as the Global Laser Enrichment (GLE) partnership with Cameco and GE Hitachi Nuclear Energy. These partnerships facilitate the scaling and application of Silex's technology, providing a pathway for recurring revenue based on the operational success and adoption of its enrichment solutions. Additionally, Silex may benefit from government grants and research and development incentives, given its focus on advancing nuclear technology.

Silex Systems Limited Financial Statement Overview

Summary

Silex Systems Limited faces several financial challenges, particularly in profitability and cash flow consistency. Revenue growth is a positive aspect, but sustained operational losses and fluctuating cash flows are areas of concern. A strong balance sheet with low leverage provides a stable foundation, but the company must focus on improving operational efficiency and profitability to enhance financial health.

Income Statement

Silex Systems Limited shows modest revenue growth, but consistent negative profitability indicators such as gross profit margin and net profit margin suggest ongoing operational challenges. The company has faced widening losses, as indicated by negative EBIT and EBITDA margins, impacting its ability to generate consistent earnings.

Balance Sheet

The balance sheet is relatively stable, with a strong equity position and manageable debt levels, reflected in a low debt-to-equity ratio. The high equity ratio indicates a solid capital structure, but the return on equity remains negative due to ongoing losses, suggesting room for improvement in leveraging equity investments to generate profit.

Cash Flow

Cash flow analysis reveals some improvement, with positive operating cash flow and free cash flow in the latest period. However, historical volatility and negative cash flow in previous periods highlight potential liquidity risks. The free cash flow to net income ratio indicates difficulties in converting revenues into liquid assets, although recent trends are more favorable.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	12.21M	6.79M	6.11M	6.84M	4.22M	1.92M
Gross Profit	-3.42M	6.79M	-5.09M	-1.98M	-2.86M	-4.42M
EBITDA	-3.89M	-41.97M	-22.27M	-5.53M	-9.00M	-6.61M
Net Income	-30.63M	-42.56M	-22.73M	-17.36M	-9.46M	-6.93M
Balance Sheet
Total Assets	122.80M	98.96M	141.56M	152.20M	54.12M	24.04M
Cash, Cash Equivalents and Short-Term Investments	94.59M	81.96M	117.00M	140.74M	46.53M	19.90M
Total Debt	1.03M	910.20K	1.18M	772.14K	982.50K	38.40K
Total Liabilities	8.12M	8.01M	9.62M	3.51M	3.57M	1.97M
Stockholders Equity	114.68M	90.95M	131.94M	148.69M	50.55M	22.07M
Cash Flow
Free Cash Flow	4.73M	2.86M	5.85M	-2.43M	287.28K	-4.96M
Operating Cash Flow	4.95M	3.02M	6.14M	-2.34M	412.64K	-4.78M
Investing Cash Flow	7.75M	-2.61M	7.56M	-114.40M	-40.06M	9.79M
Financing Cash Flow	2.47M	403.06K	2.34M	114.55M	38.20M	-199.34K

Silex Systems Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5.59
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SLX, the sentiment is Positive. The current price of 5.59 is above the 20-day moving average (MA) of 4.04, above the 50-day MA of 4.14, and above the 200-day MA of 4.30, indicating a bullish trend. The MACD of 0.07 indicates Negative momentum. The RSI at 68.16 is Neutral, neither overbought nor oversold. The STOCH value of 59.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:SLX.

Silex Systems Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BVS	70 Outperform	1.04B	14.07	79.32%	11.35%	25.67%	744.90%
TYR	64 Neutral	642.32M	35.84	7.85%	―	1.06%	-30.96%
NXL	62 Neutral	880.15M	-93.93	0.00%	―	0.40%	-280.65%
WBT	55 Neutral	615.73M	-15.11	-42.56%	―	333.23%	10.83%
WIN	51 Neutral	13.35M	-0.24	0.00%	―	0.00%	-1034.67%
SLX	48 Neutral	$1.33B	―	-37.20%	―	5.81%	-86.09%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%

Silex Systems Limited Corporate Events

Silex Systems’ GLE Achieves Milestone in Uranium Enrichment

Global Laser Enrichment (GLE), the exclusive licensee of Silex’s uranium enrichment technology, has successfully completed large-scale enrichment demonstration testing in North Carolina, marking a significant milestone towards commercial deployment. This advancement positions GLE as the only company operating large-scale, third-generation laser-based enrichment technology, with plans to further develop a domestic manufacturing base in the US. The project’s success could significantly impact the nuclear fuel production industry, with potential contributions to both current and future nuclear reactor fleets.

The most recent analyst rating on (AU:SLX) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Silex Systems Limited stock, see the AU:SLX Stock Forecast page.

Silex Systems Limited Announces 2025 Hybrid Annual General Meeting

Silex Systems Limited has announced its 2025 Annual General Meeting (AGM) scheduled for October 17, 2025, which will be conducted as a hybrid event allowing both in-person and online participation. The AGM will cover several key business items, including the adoption of the 2025 Remuneration Report, re-election of a director, and approval of incentive plans for the CEO, which could impact the company’s governance and strategic direction.

The most recent analyst rating on (AU:SLX) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Silex Systems Limited stock, see the AU:SLX Stock Forecast page.

Silex Systems Limited Announces Quotation of New Securities on ASX

Silex Systems Limited announced the quotation of 4,978,649 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of September 5, 2025. This development is part of previously announced transactions and could potentially impact the company’s market presence and liquidity, offering stakeholders an opportunity to engage with the company’s growth trajectory.

The most recent analyst rating on (AU:SLX) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Silex Systems Limited stock, see the AU:SLX Stock Forecast page.

Silex Systems Limited Issues New Securities on ASX

Silex Systems Limited has announced the issuance of 150,600 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to enhance its market presence and potentially increase its capital base, which could have implications for its operations and stakeholders.

The most recent analyst rating on (AU:SLX) stock is a Buy with a A$6.64 price target. To see the full list of analyst forecasts on Silex Systems Limited stock, see the AU:SLX Stock Forecast page.

Silex Systems Completes Oversubscribed Share Purchase Plan

Silex Systems Limited announced the successful completion of its Share Purchase Plan (SPP), raising approximately $19.4 million, surpassing the initial target of $15 million. The funds will support the commercialization of the SILEX uranium enrichment technology in the US and other isotope enrichment opportunities, enhancing the company’s market positioning and operational capabilities.

The most recent analyst rating on (AU:SLX) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Silex Systems Limited stock, see the AU:SLX Stock Forecast page.

Silex Systems Announces Director’s Share Acquisition

Silex Systems Limited announced a change in the director’s interest, with Michael Goldsworthy acquiring 45,000 fully paid ordinary shares through the vesting of Performance Rights under the company’s Employee Incentive Plan. This change reflects the company’s commitment to aligning executive interests with performance-based goals, potentially impacting the company’s operational focus and stakeholder confidence.

The most recent analyst rating on (AU:SLX) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Silex Systems Limited stock, see the AU:SLX Stock Forecast page.

Silex Systems Limited Announces Cessation of Securities

Silex Systems Limited announced the cessation of certain securities, specifically 239,203 performance rights and 50,000 options, due to their expiry without exercise or conversion. This cessation reflects a routine adjustment in the company’s issued capital, which may impact stakeholders’ perceptions of the company’s financial strategy and market positioning.

The most recent analyst rating on (AU:SLX) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Silex Systems Limited stock, see the AU:SLX Stock Forecast page.

Silex Systems Expands Market Presence with New Securities Quotation

Silex Systems Limited announced the quotation of 318,997 fully paid ordinary securities on the Australian Securities Exchange (ASX), effective August 29, 2025. This move is part of the company’s strategy to expand its capital base and enhance its market presence, potentially impacting its financial operations and offering new opportunities for stakeholders.

The most recent analyst rating on (AU:SLX) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Silex Systems Limited stock, see the AU:SLX Stock Forecast page.

Silex Systems Limited: Advancing SILEX Technology Amid Uncertainties

Silex Systems Limited’s 2025 Annual Report highlights the ongoing development and commercialization efforts of its SILEX technology, particularly in uranium enrichment in collaboration with Global Laser Enrichment LLC. The company is also advancing projects in quantum silicon production and medical isotope separation, though these initiatives face various risks and uncertainties. The report underscores the speculative nature of these technologies’ commercial futures, influenced by market conditions, regulatory changes, and geopolitical factors.

The most recent analyst rating on (AU:SLX) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Silex Systems Limited stock, see the AU:SLX Stock Forecast page.