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Spectur Ltd. (AU:SP3)
ASX:SP3
Australian Market
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Spectur Ltd. (SP3) AI Stock Analysis

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AU:SP3

Spectur Ltd.

(Sydney:SP3)

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Underperform 40 (OpenAI - 5.2)
Rating:40Underperform
Price Target:
AU$0.01
▼(-56.67% Downside)
Action:Downgraded
Date:07/08/26
The score is primarily constrained by weak financial performance—ongoing losses and very high leverage—despite improved gross margin, modest revenue growth, and operating cash flow turning positive. Technicals also remain soft with price below longer-term moving averages and negative MACD. Valuation adds additional caution given the negative P/E and lack of dividend support.
Positive Factors
Niche product-market fit
Spectur's focus on solar-powered, wireless CCTV for remote and temporary sites addresses a persistent structural demand for low-infrastructure security. That product-market fit supports recurring monitoring, rentals and service revenue streams and creates a durable deployment advantage versus wired solutions.
Negative Factors
High leverage
Very high debt-to-equity (7.38) materially increases financial risk and limits strategic flexibility. Over a multi-month horizon this leverage raises default risk, constrains investment in product development or sales expansion, and amplifies negative shocks to cash flow or revenue.
Read all positive and negative factors
Positive Factors
Negative Factors
Niche product-market fit
Spectur's focus on solar-powered, wireless CCTV for remote and temporary sites addresses a persistent structural demand for low-infrastructure security. That product-market fit supports recurring monitoring, rentals and service revenue streams and creates a durable deployment advantage versus wired solutions.
Read all positive factors

Spectur Ltd. (SP3) vs. iShares MSCI Australia ETF (EWA)

Spectur Ltd. Business Overview & Revenue Model

Company Description
Spectur Limited, an Australian company, focuses on creating, producing, and distributing intelligent, solar-powered remote monitoring and automation systems. The company's product line features a variety of wireless camera systems, including the S...
How the Company Makes Money
Spectur primarily makes money by providing security monitoring solutions built around its hardware (solar-powered, wireless CCTV/monitoring units) and related services. Revenue is typically generated from (1) sale of surveillance/monitoring units ...

Spectur Ltd. Financial Statement Overview

Summary
Overall financials remain weak: profitability is negative (net profit and EBIT margins below zero) and leverage is very high (debt-to-equity 7.38). Positives include modest revenue growth (+2.57%), improved gross margin (57.65%), and operating cash flow turning positive, but these do not offset the ongoing losses and balance-sheet risk.
Income Statement
45
Neutral
Balance Sheet
30
Negative
Cash Flow
40
Negative
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue8.20M8.71M8.19M7.37M5.83M5.25M
Gross Profit2.89M5.02M4.02M-996.44K-554.26K-750.96K
EBITDA-928.68K-1.18M-2.68M-2.81M-1.56M-1.50M
Net Income-816.46K-779.00K-2.58M-2.92M-1.91M-1.76M
Balance Sheet
Total Assets6.37M4.44M4.56M5.59M3.61M4.81M
Cash, Cash Equivalents and Short-Term Investments2.44M1.08M764.89K1.52M629.61K1.69M
Total Debt634.01K767.15K836.21K1.55M1.05M388.28K
Total Liabilities4.20M4.34M4.49M3.86M2.96M2.37M
Stockholders Equity2.17M103.89K79.22K1.73M643.36K2.44M
Cash Flow
Free Cash Flow-467.91K20.51K-405.46K-1.44M-1.60M-1.25M
Operating Cash Flow-229.49K291.55K-192.44K-1.27M-1.28M-963.80K
Investing Cash Flow-253.42K-271.04K-213.02K-795.80K-314.67K-298.95K
Financing Cash Flow2.16M294.63K-351.74K2.96M539.29K1.32M

Spectur Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.03
Price Trends
50DMA
0.02
Negative
100DMA
0.02
Negative
200DMA
0.02
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
41.61
Neutral
STOCH
-25.00
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SP3, the sentiment is Negative. The current price of 0.03 is above the 20-day moving average (MA) of 0.01, above the 50-day MA of 0.02, and above the 200-day MA of 0.02, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 41.61 is Neutral, neither overbought nor oversold. The STOCH value of -25.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:SP3.

Spectur Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
65
Neutral
AU$325.90M55.676.48%80.45%-7.95%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
54
Neutral
AU$2.12B594.071.08%276.41%
52
Neutral
AU$1.86B87.197.19%-27.25%
47
Neutral
AU$11.06M-1.45-36.07%-13.33%-144.86%
43
Neutral
AU$259.45M-20.59-24.44%30.71%-73.88%
40
Underperform
AU$5.81M-10.00-71.80%-3.46%69.77%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:SP3
Spectur Ltd.
0.01
0.00
0.00%
AU:DRO
DroneShield Limited
2.29
-0.95
-29.32%
AU:EOS
Electro Optic Systems Holdings Limited
8.41
5.06
151.04%
AU:SPZ
Smart Parking Limited
0.79
-0.07
-8.19%
AU:IMB
Intelligent Monitoring Group Limited
0.63
0.13
26.00%
AU:AVA
Ava Risk Group Ltd.
0.04
-0.07
-63.81%

Spectur Ltd. Corporate Events

Spectur trims potential dilution as performance rights lapse
Jun 30, 2026
Spectur Ltd. has updated the market on changes to its capital structure, confirming the lapse of a tranche of performance rights. The company reported that 161,083 SP3AF performance rights have ceased following their expiry without being exercised...
Spectur issues cautionary May 2026 market update to investors
May 28, 2026
Spectur Limited has issued a May 2026 market update document framed primarily as an informational and legal disclaimer for investors and stakeholders. The company emphasizes that the document is a summary and does not contain full details on its f...
Spectur Targets Enterprise Growth as Rental Market Pressure Hits Q3 Revenue
Apr 29, 2026
Spectur Limited, an Australian wireless sensing and smart surveillance solutions provider, reported Q3 FY26 group revenue of $1.89 million, down 6.5% quarter-on-quarter and 15.5% year-on-year, largely due to intense low-cost competition in its WA ...
Spectur posts negative operating cash flow but maintains cash buffer
Apr 29, 2026
Spectur Limited reported customer receipts of A$1.79 million for the March quarter and A$5.90 million year to date, but remained cash-flow negative from operations, recording an operating outflow of A$290,000 for the quarter. Continued spending on...
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: Jul 08, 2026