Soco Corporation Ltd (SOC) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 19.94K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.30
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: AU
• Employees: 78
• Sector: Technology
• Sector Strength: 95
• Industry: Information Technology Services
• EPS (TTM): N/A
• Shares Outstanding: 139,355,090
• 10 Day Avg. Volume: 28,512
• 30 Day Avg. Volume: 19,938
• PEG Ratio: 0.15
• Price to Book (P/B): 1.04
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -9.19
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 44 Neutral
• Price Target: AU$0.00 ▼(-100.00%Downside)

Soco Corporation Ltd's overall stock score is primarily impacted by its financial performance challenges, particularly in profitability and cash flow. The technical analysis further indicates bearish momentum, while the lack of valuation metrics adds uncertainty. The company needs to address its financial and operational issues to improve its outlook.

Soco Corporation Ltd Business Overview & Revenue Model

Company Description

SOCO Corporation Ltd operates as an information technology services consultancy in Australia. The company offers services in the areas of advisory and consulting, enablement services, digital strategy and architecture, licensing, and project delivery for public and private sector organizations. It primarily serves markets, including federal government, further and higher education, local and state government, engineering and resources, and not-for-profits. The company was founded in 2013 and is headquartered in Brisbane, Australia.

How the Company Makes Money

Soco Corporation Ltd generates revenue primarily through its core operations in the oil and gas sector, which include exploration and production activities, drilling services, and the sale of proprietary technologies. The company benefits from long-term contracts with major energy firms, ensuring a steady income stream. Additionally, SOC earns revenue by providing consulting and technical services to optimize production for its clients. Strategic partnerships with other industry players and governmental entities also contribute to its earnings, as these collaborations enhance its operational capabilities and expand its market reach.

Soco Corporation Ltd Financial Statement Overview

Summary

Soco Corporation Ltd shows positive revenue growth and a strong balance sheet with low leverage. However, it struggles with profitability and cash flow management, which could impede future growth if unaddressed.

Income Statement

Soco Corporation Ltd shows positive revenue growth in the TTM period with a gross profit margin of 25.1%. However, the company faces challenges with profitability, evidenced by a low net profit margin of 1.1% and negative EBITDA, indicating potential operational inefficiencies.

Balance Sheet

The company maintains a strong equity position with an equity ratio of 60.1%. The debt-to-equity ratio is relatively low at 0.11, suggesting good financial stability and low leverage. However, the return on equity has declined over recent periods, signaling a potential need for better capital utilization.

Cash Flow

Soco Corporation's cash flow statements indicate negative operating cash flow in the TTM period, alongside a negative free cash flow, pointing to liquidity challenges. The free cash flow to net income ratio is negative, suggesting current operations are not generating enough cash.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	20.56M	19.69M	13.43M	7.86M
Gross Profit	4.84M	7.38M	5.59M	3.47M
EBITDA	19.86K	2.38M	2.64M	1.98M
Net Income	-486.17K	1.48M	1.80M	1.27M
Balance Sheet
Total Assets	15.18M	9.34M	6.34K	3.95M
Cash, Cash Equivalents and Short-Term Investments	2.40M	6.59M	3.97K	1.58M
Total Debt	1.42M	106.09K	252.00	142.09K
Total Liabilities	6.83M	2.85M	2.30K	1.95M
Stockholders Equity	8.35M	6.49M	4.04K	2.00M
Cash Flow
Free Cash Flow	-526.35K	1.93M	2.50M	1.29M
Operating Cash Flow	-469.60K	2.03M	2.69M	1.54M
Investing Cash Flow	-3.36M	-106.00K	-192.63K	-247.82K
Financing Cash Flow	-344.81K	1.75M	-1.27M	-777.55K

Soco Corporation Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.06
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SOC, the sentiment is Negative. The current price of 0.06 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.06, and below the 200-day MA of 0.08, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 19.95 is Positive, neither overbought nor oversold. The STOCH value of -11.11 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:SOC.

Soco Corporation Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$34.85B	5.63	-12.19%	2.01%	5.91%	-17.91%
CCG	61 Neutral	AU$29.70M	62.22	1.16%	6.31%	48.72%	―
CCR	61 Neutral	AU$114.66M	―	-7.65%	―	20.24%	27.33%
DXN	47 Neutral	AU$19.42M	―	-135.93%	―	133.36%	91.40%
SOC	44 Neutral		―		―	―	―
ATV	39 Underperform	AU$9.62M	―	-44.65%	―	-42.73%	-6050.00%
REM	38 Underperform	AU$5.52M	―	-23.42%	―	64.97%	86.08%

Soco Corporation Ltd Corporate Events

Soco Corporation Ltd Announces Cessation of Performance Rights

Soco Corporation Ltd has announced the cessation of 1,415,513 performance rights due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This cessation may impact the company’s capital structure and could have implications for stakeholders regarding the company’s operational and strategic objectives.

SOCO Corporation Ltd Appoints Interim CFO Amid Transition

SOCO Corporation Ltd has appointed Tristan Garthe as the Interim Chief Financial Officer and Company Secretary following the resignation of Steve Parks. This strategic move ensures the continuity of SOCO’s financial and reporting functions while the company conducts an external search for a permanent replacement. The appointment is expected to maintain operational stability and reassure stakeholders during the transition period.

SOCO Corporation Corrects Director’s Share Acquisition Notice

SOCO Corporation Ltd announced a correction in the number of shares acquired by Director Sebastian Rizzo, which was initially misstated as 800,00 instead of the correct 800,000. This correction does not impact any other details of the announcement, and the revised notice has been authorized for release by the company’s CFO. The update ensures transparency and accuracy in the company’s disclosure practices, maintaining trust with stakeholders.

Soco Corporation Ltd Announces Director’s Share Sale

Soco Corporation Ltd has announced a change in the director’s interest notice, specifically involving Thomas John Rock. The notice details the sale of 400,000 ordinary shares by Rock Family Pty Ltd, a trust for which Thomas John Rock is a director and beneficiary, to Sebastian Rizzo in an off-market trade. This transaction reduces the number of shares held by Rock Family Pty Ltd from 19,108,383 to 18,708,383. This change may impact the company’s internal dynamics and shareholder distribution.

Soco Corporation Ltd Director Increases Stake

Soco Corporation Ltd has announced a change in the director’s interest, specifically concerning Sebastian Anthony Rizzo, who has increased his indirect holdings through Beanseri Pty Ltd as trustee for the Beanseri Superannuation Fund by acquiring 800,000 fully paid ordinary shares in an off-market trade. This transaction, valued at $60,000, reflects a strategic move to bolster Rizzo’s stake in the company, potentially indicating confidence in the company’s future prospects.

SOCO Corporation Announces CFO Resignation

SOCO Corporation Ltd announced the resignation of its Chief Financial Officer and Company Secretary, Steve Parks, who will leave at the end of July 2025 to pursue opportunities in a different industry. Parks played a crucial role in SOCO’s transition from a private company to its ASX listing in 2022 and the acquisition of Axsym Technology in 2023. The company has initiated an external search for his replacement, and Parks will assist during the transition period while remaining a shareholder.