Top End Energy Limited (TEE) AI Stock Analysis

• Market Cap: AU$9.23M
• Dividend Yield: N/A
• Average Volume (3M): 446.54K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.58
• Revenue Growth: N/A
• EPS Growth: 27.59%
• Country: AU
• Employees: N/A
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): -0.02
• Shares Outstanding: 279,693,450
• 10 Day Avg. Volume: 523,950
• 30 Day Avg. Volume: 446,542
• PEG Ratio: 0.05
• Price to Book (P/B): 0.33
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.72
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 41 Neutral
• Price Target: AU$0.03 ▲(6.67% Upside)

The score is driven primarily by weak financial performance: no revenue, widening losses, and continued negative operating/free cash flow, implying ongoing dependence on external funding. Technicals add pressure with the price below major moving averages and a negative MACD, with only mild near-term support from oversold signals. Valuation is constrained by negative earnings (negative P/E) and no dividend yield data.

Positive Factors

Regulatory Compliance

Adhering to regulatory standards enhances credibility and may improve investor confidence, supporting long-term strategic goals.

Market Expansion

Expanding presence in the U.S. market can increase visibility and access to capital, aiding growth and diversification efforts.

Hydrogen Exploration

Advancing hydrogen exploration aligns with global energy trends, potentially opening new revenue streams and enhancing market position.

Negative Factors

Persistent Cash Burn

Ongoing cash outflows highlight financial strain, necessitating external funding and potentially limiting operational flexibility.

No Revenue Generation

Lack of revenue generation underscores the challenge of transitioning from exploration to production, impacting long-term viability.

Reliance on External Funding

Dependence on external capital raises dilution risk and may constrain strategic initiatives, affecting future growth potential.

Top End Energy Limited Business Overview & Revenue Model

Company Description

Top End Energy Limited engages in the exploration of oil, gas, and helium and hydrogen in Queensland and the Northern Territory. Its projects include the ATP 1069 project that comprises one granted hydrocarbon permit covering an area of approximately 4,185 square kilometers located to the north-west of Charleville in Central Queensland; and TG project, which consists of 30 petroleum permit applications that cover approximately 160,000 square kilometers in the Northern Territory. The company was incorporated in 2021 and is based in West Perth, Australia.

How the Company Makes Money

Top End Energy Limited makes money through the exploration, extraction, and sale of oil and gas resources. The company's primary revenue streams include the sale of crude oil and natural gas to refineries and distribution companies, which then process and deliver these resources to end consumers. TEE's earnings are significantly influenced by global oil and gas prices, production volumes, and operational efficiencies. Additionally, strategic partnerships and joint ventures with other companies in the energy sector enhance its exploration and production capabilities, thereby contributing to its revenue growth.

Top End Energy Limited Financial Statement Overview

Summary

Exploration-stage profile with no revenue across the last four annual periods, persistent and widening losses (net income about -5.16M in FY2025 vs -3.19M in FY2024), and ongoing cash burn (operating cash flow about -1.80M; free cash flow about -4.10M in FY2025). Low leverage reduces solvency risk, but reliance on external funding and dilution risk remains high.

Income Statement

The company reports no revenue across the last four annual periods, consistent with an early-stage explorer rather than a producing asset base. Losses are persistent and sizable, with net income declining to about -5.16M in FY2025 from roughly -3.19M in FY2024 (and -1.68M in FY2023), indicating rising cost intensity and weaker earnings trajectory. With negative operating results each year and no demonstrated top-line ramp, near-term profitability visibility remains limited.

Balance Sheet

Leverage is very low (effectively no debt), which materially reduces solvency risk and gives the company flexibility to fund exploration through equity. However, profitability is weak as reflected in negative returns on equity across all periods, and equity levels have been volatile (notably a large increase in FY2025 versus prior years), suggesting reliance on external capital and potential dilution risk. Overall, the balance sheet is relatively clean on debt, but the capital structure depends on continued funding while losses persist.

Cash Flow

Cash generation is consistently negative: operating cash flow remains an outflow each year (about -1.80M in FY2025), and free cash flow is also negative and worsened in FY2025 (around -4.10M). While free cash flow to net income appears above 1x, that is largely because both figures are negative, and it does not signal self-funding capacity. The pattern points to ongoing cash burn and continued need for financing until revenue-producing operations are established.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	-22.50K	-135.00K	-67.50K
EBITDA	-5.16M	-5.16M	-3.17M	-1.84M	-4.64M
Net Income	-5.16M	-5.16M	-3.19M	-1.68M	-4.72M
Balance Sheet
Total Assets	22.61M	22.61M	3.03M	4.20M	5.95M
Cash, Cash Equivalents and Short-Term Investments	3.82M	3.82M	2.72M	3.63M	5.41M
Total Debt	0.00	0.00	0.00	0.00	3.87K
Total Liabilities	1.03M	1.03M	684.23K	477.93K	361.93K
Stockholders Equity	21.58M	21.58M	2.34M	4.00M	5.58M
Cash Flow
Free Cash Flow	-1.80M	-4.10M	-2.84M	-1.74M	-1.05M
Operating Cash Flow	-1.80M	-1.80M	-1.69M	-1.53M	-1.05M
Investing Cash Flow	-2.58M	-2.58M	-1.15M	-206.16K	-23.81K
Financing Cash Flow	5.47M	5.47M	1.93M	-46.37K	6.20M

Top End Energy Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.03
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:TEE, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.04, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.11 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:TEE.

Top End Energy Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
BAS	56 Neutral	AU$15.33M	-34.29	-3.11%	―	7.09%	-275.00%
BLU	45 Neutral	AU$21.08M	-12.50	-1.94%	―	―	89.19%
HHR	44 Neutral	AU$33.70M	-15.00	-6.62%	―	―	20.00%
PGY	44 Neutral	AU$10.85M	-2.56	-45.97%	―	0.69%	-30.00%
TEE	41 Neutral	AU$9.23M	-1.07	-43.14%	―	―	27.59%
QEM	41 Neutral	AU$3.55M	-0.84	-147.07%	―	―	-36.92%

Top End Energy Limited Corporate Events

Top End Energy Enters U.S. AI Data Center Power Market with ‘Powered Land’ Strategy

Top End Energy has expanded its U.S. energy platform beyond upstream natural gas and hydrogen into the downstream market by entering the AI data center sector as a land and energy development partner. The company aims to aggregate and deliver ‘powered land’—sites with secured natural gas supply, behind-the-meter power generation, and key infrastructure such as fiber and water—to AI data center developers, initially focusing on Texas. Management positions this move as an ASX first-mover play on a major U.S. growth theme, citing surging data center power demand, policy support to fast-track large integrated projects, and the growing bottleneck of power availability over hardware, with current activities including site qualification, infrastructure partnerships and negotiations toward project-level agreements.

The most recent analyst rating on (AU:TEE) stock is a Sell with a A$0.03 price target. To see the full list of analyst forecasts on Top End Energy Limited stock, see the AU:TEE Stock Forecast page.

Top End Energy to Release 30.9 Million Escrowed Shares

Top End Energy Limited has notified the market that 30,875,000 of its shares currently subject to voluntary escrow will be released on 31 January 2026. The end of this escrow period will increase the number of shares freely tradeable on the ASX, potentially affecting liquidity and trading dynamics in Top End Energy’s stock as these securities become available to existing holders for sale or transfer.

The most recent analyst rating on (AU:TEE) stock is a Sell with a A$0.03 price target. To see the full list of analyst forecasts on Top End Energy Limited stock, see the AU:TEE Stock Forecast page.

Top End Energy Limited Issues New Shares Complying with Regulatory Standards

Top End Energy Limited has issued 412,200 fully paid ordinary shares without disclosure to investors, in compliance with the Corporations Act 2001. This move indicates the company’s adherence to regulatory requirements and suggests a strategic decision to enhance its capital structure, potentially impacting its market positioning and stakeholder interests.

Top End Energy Announces Quotation of New Securities

Top End Energy Limited has announced the quotation of 412,200 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of December 5, 2025. This move is part of a previously announced transaction, and it signifies the company’s ongoing efforts to enhance its market presence and liquidity, potentially impacting its stakeholders positively.

Top End Energy Announces Expiry of Unlisted Options

Top End Energy Limited announced the expiration of 27,300,000 unlisted options with an exercise price of $0.30, set to expire on 30 November 2025. This expiration could impact the company’s financial strategies and stakeholder interests, as it may influence the company’s capital structure and market activities.

Top End Energy Expands U.S. Presence and Advances Hydrogen Exploration

Top End Energy Limited has established a Sponsored American Depositary Receipt on the OTCQB Venture Market to increase its visibility and access to U.S. investors. The company has released a prospective hydrogen resource estimate for its Serpentine Natural Hydrogen Project in Kansas, highlighting significant exploration potential. In Australia, the Beetaloo Basin’s strategic importance is underscored by recent developments, supporting Top End Energy’s strategic discussions and positioning as a junior explorer in the region.

Top End Energy Reports Cash Outflows in Latest Quarterly Update

Top End Energy Limited reported a net cash outflow from operating activities of $598,000 for the quarter ending September 30, 2025, primarily due to exploration and evaluation expenses and administrative costs. The company also experienced a net cash outflow from investing activities amounting to $665,000, reflecting its ongoing investment in exploration and evaluation, impacting its cash reserves and potentially influencing its future operational strategies.