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Tinybeans Group Ltd. (AU:TNY)
ASX:TNY

Tinybeans Group (TNY) AI Stock Analysis

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AU:TNY

Tinybeans Group

(Sydney:TNY)

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Underperform 40 (OpenAI - 5.2)
Rating:40Underperform
Price Target:
AU$0.08
▼(-24.00% Downside)
Action:DowngradedDate:02/18/26
The score is primarily constrained by shrinking revenue, ongoing net losses, and persistent negative free cash flow, despite improvement in 2025 loss and operating cash burn. Technicals also remain weak with price below key moving averages and negative MACD, while valuation is impaired by negative earnings (negative P/E) and no dividend support.
Positive Factors
Low leverage
Near-zero debt materially reduces financing risk and interest burden, giving management flexibility to prioritize product investment or restructure operations without immediate debt-servicing pressure. This durable balance-sheet strength lengthens runway versus leveraged peers.
High gross margins
Very high gross margins reflect a digital, low-variable-cost business model where incremental user revenue largely drops to the contribution line. Sustained margins create structural upside: if operating expenses are reduced or scale returns, profitability can improve rapidly.
Improving cash burn
A meaningful reduction in operating cash burn indicates management has taken effective cost or efficiency actions. If sustained, lower cash consumption reduces the pace of external financing needs and improves the firm's ability to execute a multi-quarter turnaround.
Negative Factors
Declining revenue
Three straight years of revenue contraction signal weakening product-market fit, monetization or user engagement. Persistent top-line decline undermines operating leverage and makes sustainable profitability dependent on new products, market expansion, or a material recovery in user growth.
Persistent negative cash flow
Ongoing negative operating and free cash flow forces reliance on external funding or equity dilution and constrains the company's ability to invest in growth. Even with recent improvement, persistent cash burn is a structural risk to continuity absent durable positive cash generation.
Eroding equity
A sharp decline in shareholders' equity reflects cumulative losses and weak capital resilience. This erosion reduces the company's buffer to absorb shocks, limits strategic optionality and increases the likelihood of dilutive financings or constrained investment capacity over the medium term.

Tinybeans Group (TNY) vs. iShares MSCI Australia ETF (EWA)

Tinybeans Group Business Overview & Revenue Model

Company DescriptionTinybeans Group Limited operates private photo-sharing and journaling application in Australia. It offers advertising, photobook, and subscription services. The company was founded in 2012 and is based in Sydney, Australia.
How the Company Makes MoneyTinybeans Group Ltd. generates revenue through a combination of subscription services, advertising, and partnerships. The company offers premium subscription plans that provide users with additional features such as increased storage capacity and enhanced privacy settings. Advertising revenue is generated by serving targeted ads to users on both the app and the website, leveraging the platform’s engaged user base and valuable demographic data. Additionally, Tinybeans partners with brands and companies to create sponsored content and promotional campaigns that align with the interests of its community. These partnerships often involve collaborations with family and lifestyle brands to offer exclusive deals and content to Tinybeans users, contributing significantly to the company’s earnings.

Tinybeans Group Financial Statement Overview

Summary
Overall financials are weak: revenue has declined for three consecutive years and the company remains loss-making with negative operating and free cash flow each year. Positives include a meaningful reduction in 2025 net loss and operating cash burn and minimal debt, but the sharp drop in equity over time indicates a weakening capital cushion.
Income Statement
24
Negative
Revenue has been shrinking for three straight years (2025: ~4.8M vs 2024: ~5.4M vs 2023: ~8.4M), signaling continued pressure on scale. Profitability remains weak with persistent operating losses and net losses every year shown, although losses narrowed materially in 2025 versus 2024 (net loss improved from ~-4.5M to ~-2.3M). Gross margin is very strong in recent years (near ~87–100%), but the company is still not converting that into sustainable earnings due to high operating costs.
Balance Sheet
46
Neutral
Leverage is a clear positive: total debt is effectively zero in recent years and debt-to-equity is 0.0, reducing balance-sheet risk. However, equity has fallen sharply over time (from ~13.7M in 2022 to ~1.6M in 2025), reflecting ongoing losses and weakening capital cushion. Returns on shareholders’ capital are deeply negative across the period, consistent with a business still searching for a profitable operating model.
Cash Flow
18
Very Negative
Cash generation is a key weakness: operating cash flow and free cash flow are negative in every year provided, indicating ongoing cash burn. There was improvement in 2025 versus 2024 (operating cash burn reduced from ~-3.0M to ~-1.7M), but free cash flow deteriorated versus the prior year on a growth basis and remains meaningfully negative. With losses and negative free cash flow persisting, the company likely relies on external funding or cash reserves to sustain operations.
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue7.63M4.82M5.41M8.44M10.90M8.12M
Gross Profit2.57M4.21M5.41M8.44M9.99M7.70M
EBITDA-902.23K-1.83M-3.76M-6.14M-3.73M-2.56M
Net Income-1.58M-2.27M-4.50M-6.77M-6.24M-3.23M
Balance Sheet
Total Assets11.47M3.40M5.63M4.76M12.01M17.99M
Cash, Cash Equivalents and Short-Term Investments2.80M1.71M3.39M1.55M4.21M2.23M
Total Debt0.000.000.000.000.00127.84K
Total Liabilities6.34M1.81M2.15M2.87M3.76M5.07M
Stockholders Equity5.12M1.59M3.48M4.28M13.70M12.92M
Cash Flow
Free Cash Flow378.82K-1.65M-3.08M-3.90M-4.47M-2.18M
Operating Cash Flow-597.93K-1.65M-3.02M-3.24M-3.87M-1.49M
Investing Cash Flow-1.16M-904.89K-66.61K-636.93K-425.83K-128.35K
Financing Cash Flow1.58M0.004.89M133.15K5.41M-11.35K

Tinybeans Group Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.10
Price Trends
50DMA
0.09
Negative
100DMA
0.10
Negative
200DMA
0.10
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
41.42
Neutral
STOCH
75.60
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:TNY, the sentiment is Negative. The current price of 0.1 is above the 20-day moving average (MA) of 0.08, above the 50-day MA of 0.09, and above the 200-day MA of 0.10, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 41.42 is Neutral, neither overbought nor oversold. The STOCH value of 75.60 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:TNY.

Tinybeans Group Peers Comparison

Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
78
Outperform
AU$4.86M5.4962.59%55.56%-5.51%38.41%
60
Neutral
$48.67B4.58-11.27%4.14%2.83%-41.78%
52
Neutral
AU$56.83M-4.52-150.45%0.72%17.24%
46
Neutral
AU$112.09M-2.42-144.99%12.82%-987.50%
45
Neutral
AU$38.53M-2.8212.70%71.21%
45
Neutral
AU$25.08M-2.39-31.81%-12.00%-95.07%
40
Underperform
AU$15.03M-3.88-89.43%-10.12%66.90%
* Communication Services Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:TNY
Tinybeans Group
0.08
<0.01
12.33%
AU:RNT
Rent.com.au Ltd
0.05
0.03
145.00%
AU:RMY
RMA Global Ltd.
0.06
0.02
56.76%
AU:CHL
Camplify Holdings Ltd.
0.31
-0.26
-46.49%
AU:ART
Airtasker Ltd
0.24
-0.07
-22.58%
AU:LVE
Love Group Ltd
0.12
0.02
14.29%

Tinybeans Group Corporate Events

Tinybeans’ Qeepsake Deal Drives Surge in Revenue, Subscribers and E-Commerce Sales
Jan 28, 2026

Tinybeans reported a step-change in performance for the December quarter of FY26, underpinned by its strategic acquisition of U.S. family journaling platform Qeepsake, which has rapidly boosted revenue, subscriptions and e-commerce sales. Quarterly revenue rose 32% year-on-year to US$1.71 million, driven by a 43% increase in premium subscription revenue to US$1.15 million and a more than 500% surge in photo store and physical product revenue to US$336,000, while paid subscribers doubled quarter-on-quarter to 96,000 and monthly active users reached 860,000. Tight cost control pushed operating expenses down 18%, delivering a 73% improvement in EBITDA to a near break-even loss of US$0.11 million, positive operating cash flow and a stronger cash position following a rights issue, positioning the enlarged group as a more scalable, capital-efficient player in the digital family memory market with enhanced monetisation prospects for both subscriptions and physical products.

Tinybeans Calls February General Meeting to Approve Executive Equity Issuances
Jan 14, 2026

Tinybeans Group Limited has called a general meeting of shareholders for 12 February 2026 in Sydney, where investors will vote on ratifying previously issued consideration shares and approving the issuance of performance rights and options to key executives, including the managing director, under relevant ASX listing rules. The resolutions, which relate to equity-based consideration and executive incentives, are likely to shape Tinybeans’ capital structure and align management rewards with shareholder interests, signalling a continued focus on incentivising leadership as the company pursues growth in its global family-focused subscription platform business.

Tinybeans Issues 5 Million New Shares to Support Entitlement Offer
Dec 19, 2025

Tinybeans Group has issued 5,000,000 fully paid ordinary shares at A$0.10 each to sub-underwriters of its recently announced entitlement offer, providing additional equity capital and support for the offer structure. The company confirmed the new shares were issued without a disclosure document under the Corporations Act but stated it remains compliant with its continuous disclosure and financial reporting obligations and has no excluded information, signalling regulatory transparency for investors and stabilising conditions for existing shareholders.

Tinybeans Seeks ASX Quotation for 5 Million New Shares
Dec 19, 2025

Tinybeans Group Ltd has applied to the ASX for quotation of 5,000,000 new ordinary fully paid shares under its ticker TNY, effective 19 December 2025. The additional securities, issued under a previously announced transaction, will expand the company’s quoted share base, potentially enhancing liquidity for investors and providing additional capital flexibility to support its ongoing corporate and strategic initiatives.

Tinybeans Director Increases Indirect Shareholding Through Entitlement Offer
Dec 19, 2025

Tinybeans Group has disclosed a change in director Zsofi Paterson’s interests, with her indirect shareholding increasing through participation in the company’s recent capital raising. Paterson acquired 35,338 additional ordinary shares via the pro rata non-renounceable entitlement offer announced in November, lifting her indirect holding to 202,005 shares while retaining 3 million options, signaling continued board-level support for the company’s equity structure and capital management initiatives.

Tinybeans Director Increases Stake Through Entitlement Offer
Dec 19, 2025

Tinybeans Group Limited has disclosed a change in director James Warburton’s indirect holdings following his participation in the company’s pro rata non-renounceable entitlement offer announced in November 2025. Through Zahu Pty Ltd as trustee for the Warburton family account, Warburton acquired 105,390 additional ordinary shares for A$10,539, lifting his indirect shareholding to 600,722 ordinary shares while his option holdings remain unchanged. The move signals continued support from the director for the company’s latest capital-raising initiative and modestly increases insider ownership, which may be viewed positively by investors monitoring governance alignment and commitment to Tinybeans’ strategic direction.

Tinybeans Group Submits Quotation Application for Over 11 Million New Securities
Dec 18, 2025

Tinybeans Group Ltd, an entity listed on the Australian Securities Exchange (ASX) under the issuer code TNY, has submitted an application for the quotation of 11,343,955 fully paid ordinary securities on December 18, 2025. This issuance is linked to prior transactions disclosed in earlier market announcements and aligns with ASX Appendix 3B requirements, suggesting planned expansions or capital management strategies that may have significant implications for the company’s stakeholders.

Tinybeans Completes Entitlement Offer, Raises A$1.7 Million
Dec 16, 2025

Tinybeans Group Limited has completed its Entitlement Offer, raising approximately A$1.7 million, which includes A$1.1 million from eligible shareholders and A$500,000 underwritten by Morgans Corporate Limited and sub-underwritten by Thorney Investment Group. The funds will support working capital and growth initiatives, including the integration of Qeepsake features. The shortfall of A$1.8 million is expected to be placed within three months, potentially increasing Thorney Investment Group’s voting power to 31.037%.

Tinybeans Group Appoints New Director Cliff Sirlin
Dec 7, 2025

Tinybeans Group Limited has announced the appointment of Cliff Sirlin as a director, effective December 5, 2025. The announcement indicates that Sirlin currently holds no relevant interests in securities, either as a registered holder or through contracts, which suggests a neutral impact on the company’s immediate financial operations. This appointment could potentially influence Tinybeans’ strategic direction, given Sirlin’s role in the company.

Tinybeans Group Expands Leadership and Reports Strong Revenue Growth Post-Qeepsake Acquisition
Dec 4, 2025

Tinybeans Group Limited has announced key appointments and a corporate update following its acquisition of Qeepsake. The company has appointed Mr. Cliff Sirlin as a Non-Executive Director and Ms. Tracy Cho as General Manager of Qeepsake. The integration of Qeepsake has led to significant revenue growth, with the new in-app iOS photo store driving increased user engagement and revenue. The acquisition and product expansion have resulted in over US$200K in photo store revenues, exceeding Tinybeans’ standalone photo book revenue for FY25. The company is focusing on unlocking further synergies and accelerating its path to profitability, with expected operating cost synergies exceeding US$1M annually. The strengthened leadership team is set to support Tinybeans’ growth strategy in the U.S., with Mr. Sirlin’s extensive experience in scaling subscription-based businesses expected to be invaluable.

Tinybeans Group Announces A$3.5 Million Entitlement Offer
Nov 28, 2025

Tinybeans Group Limited has announced an approximately A$3.5 million entitlement offer of new fully paid ordinary shares at A$0.10 per share. The offer is a partially underwritten 1-for-4.7 pro rata non-renounceable entitlement offer, expected to issue around 35.53 million new shares, which will constitute about 21.3% of the company’s existing issued capital. Morgans Corporate Limited and Red Leaf Securities Pty Ltd are acting as joint lead managers, with Morgans Corporate Limited also serving as the underwriter. The offer is not available to shareholders outside Australia and New Zealand due to legal and regulatory requirements.

Tinybeans Group Launches A$3.5 Million Entitlement Offer to Strengthen Market Position
Nov 28, 2025

Tinybeans Group Limited has announced a partially underwritten entitlement offer to raise approximately A$3.5 million through the issuance of new shares. This move, supported by Morgans Corporate Limited and Red Leaf Securities Pty Ltd as joint lead managers, aims to bolster the company’s financial standing and expand its market presence. The entitlement offer is open to eligible shareholders and is expected to enhance Tinybeans’ capital structure, potentially impacting its operations and market positioning positively.

Tinybeans Director Increases Shareholding Through Remuneration Package
Nov 20, 2025

Tinybeans Group Limited has announced a change in the director’s interest, with Andrew Silverberg acquiring 488,727 ordinary class shares, increasing his total to 1,000,972 shares. This acquisition was made as part of a remuneration package, where shares were issued in lieu of cash for director fees, following the approval of Resolution 3 at the company’s 2025 Annual General Meeting.

Tinybeans Expands Through Strategic Share Issuance
Nov 20, 2025

Tinybeans Group Limited has issued over 19 million fully paid ordinary shares as part of its recent asset acquisition of Qeepsake Inc and resolutions passed at its 2025 General Meeting. The issuance includes 17,583,966 shares to Qeepsake Inc vendors and 1,501,859 shares to related parties, with the former held in escrow for 24 months. This strategic move is expected to enhance Tinybeans’ market position by expanding its offerings and stakeholder engagement.

Tinybeans Group Launches A$3.5 Million Entitlement Offer
Nov 20, 2025

Tinybeans Group Limited has announced a A$3.5 million entitlement offer of new fully paid ordinary shares at A$0.10 per share. This partially underwritten pro-rata non-renounceable offer aims to raise gross proceeds of approximately A$3.5 million. The entitlement offer, which does not require a prospectus, allows eligible shareholders in Australia and New Zealand to participate, with new shares ranking equally with existing ones. Optionholders must exercise their options before the record date to participate, though there is no obligation to do so.

Tinybeans Group Announces Proposed Securities Issue
Nov 20, 2025

Tinybeans Group Ltd announced a proposed issue of 35,531,120 ordinary fully paid securities as part of a standard non-renounceable pro rata issue. This move is likely aimed at raising capital to support the company’s operations and growth initiatives, potentially impacting its market position and offering new opportunities for stakeholders.

Tinybeans Group Launches A$3.5 Million Entitlement Offer
Nov 20, 2025

Tinybeans Group Limited has announced a A$3.5 million entitlement offer of new fully paid ordinary shares at A$0.10 per share. This offer is partially underwritten by Morgans Corporate Limited and sub-underwritten by Thorney Investment Group, Tinybeans’ largest shareholder. The entitlement offer includes a shortfall facility allowing eligible shareholders to subscribe for additional shares beyond their entitlement. This move is expected to raise approximately 17.5% of the company’s issued shares post-completion, potentially impacting the control of the company depending on shareholder uptake.

Tinybeans Group Initiates Equity Raising Post Qeepsake Acquisition
Nov 20, 2025

Tinybeans Group Ltd has announced an equity raising initiative following its strategic acquisition of Qeepsake. The company plans to raise approximately A$3.5 million through a partially underwritten pro rata accelerated non-renounceable entitlement offer. This move is expected to strengthen Tinybeans’ financial position and support its growth strategy, enhancing its market presence in the family-oriented digital platform sector.

Tinybeans Launches Entitlement Offer to Fund Qeepsake Integration and Growth
Nov 20, 2025

Tinybeans Group Limited has announced a partially underwritten non-renounceable entitlement offer to raise approximately A$3.5 million. The funds will be used to integrate Qeepsake, a recent acquisition, into Tinybeans’ platform, enhance product development, and support marketing initiatives. This move is expected to strengthen Tinybeans’ leadership in the digital family memory market and provide flexibility for future growth, particularly in North America.

Tinybeans Group Announces New Securities Issue
Nov 19, 2025

Tinybeans Group Ltd has announced a proposed issue of 1,501,859 ordinary fully paid securities, with the issuance date set for November 28, 2025. This move is part of a placement or other type of issue, potentially impacting the company’s financial structure and market positioning by increasing its available capital, which could be used for further development or expansion activities.

Tinybeans Group Passes All Resolutions at Annual General Meeting
Nov 19, 2025

Tinybeans Group Limited announced that all resolutions in the 2025 Notice of Annual General Meeting were successfully passed by poll. This outcome reflects strong shareholder support for the company’s strategic decisions, including the re-election of directors and the approval of share issues in lieu of fees, which could enhance the company’s financial flexibility and governance structure.

Tinybeans Group Ltd Initiates Trading Halt for Capital Raising Announcement
Nov 19, 2025

Tinybeans Group Ltd has requested a trading halt on its securities pending an announcement regarding a proposed capital raising. The halt is expected to remain until the commencement of normal trading on November 21, 2025, unless the announcement is made earlier. This move indicates a strategic financial maneuver that could impact the company’s operations and market positioning, potentially affecting stakeholders’ interests.

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: Feb 18, 2026