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1st Group Ltd. (AU:VFX)
ASX:VFX
Australian Market
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1st Group Ltd. (VFX) AI Stock Analysis

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AU:VFX

1st Group Ltd.

(Sydney:VFX)

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Neutral 46 (OpenAI - 5.2)
Rating:46Neutral
Price Target:
AU$0.05
▼(-46.00% Downside)
Action:Reiterated
Date:07/01/26
The score is primarily held down by weak financial performance—deep losses, negative equity, and ongoing cash burn—implying elevated funding and execution risk. Technicals provide some offset via near-term price strength above the 20/50-day averages, but the stock remains below the 100-day average. Valuation is also constrained by negative earnings (negative P/E) and the absence of a dividend yield.
Positive Factors
Revenue Growth Momentum
Reported revenue growth, including a large jump in 2025, suggests the company can win customers and scale top line. Sustained revenue momentum provides room to leverage fixed costs and pursue operational improvements over months, supporting eventual margin recovery if costs are controlled.
Negative Factors
Negative Gross Profit & Deep Losses
A swing to negative gross profit indicates unit economics are broken: revenue does not cover direct costs. This structural profitability issue undermines scalability and will require fundamental changes to pricing, cost structure, or product mix to restore sustainable margins.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth Momentum
Reported revenue growth, including a large jump in 2025, suggests the company can win customers and scale top line. Sustained revenue momentum provides room to leverage fixed costs and pursue operational improvements over months, supporting eventual margin recovery if costs are controlled.
Read all positive factors

1st Group Ltd. (VFX) vs. iShares MSCI Australia ETF (EWA)

1st Group Ltd. Business Overview & Revenue Model

Company Description
Operating in Australia, Visionflex Group Limited and its associated companies specialize in providing cutting-edge healthcare, telehealth, and remote diagnostic services. The company's portfolio features virtual healthcare systems and specialized ...
How the Company Makes Money
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1st Group Ltd. Financial Statement Overview

Summary
Financial risk is high: profitability is weak and deteriorating with deep operating/net losses and a swing to negative gross profit in 2025 despite strong revenue growth. The balance sheet is pressured by consistently negative shareholder equity, and cash flow remains negative (ongoing cash burn), indicating continued reliance on external funding. Debt improved in 2025 and free cash flow improved year-over-year, but the overall profile remains fragile.
Income Statement
14
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
10
Very Negative
BreakdownTTMJun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue4.46M4.19M6.65M4.47M4.83M
Gross Profit-1.76M-2.42M3.94M3.41M4.83M
EBITDA-3.16M-3.37M-1.32M-3.56M-6.43M
Net Income-1.31M-3.19M-1.83M-3.66M-6.82M
Balance Sheet
Total Assets2.06M3.39M2.88M4.09M4.27M
Cash, Cash Equivalents and Short-Term Investments1.08M1.89M1.16M1.44M2.01M
Total Debt83.97K2.47M13.65M12.11M4.65M
Total Liabilities1.91M5.22M19.76M18.73M8.16M
Stockholders Equity151.57K-1.82M-8.11M-6.74M-3.89M
Cash Flow
Free Cash Flow-2.33M-3.19M-1.38M-3.68M-2.82M
Operating Cash Flow-2.32M-3.16M0.000.000.00
Investing Cash Flow-10.56K-29.51K276.80K720.13K-21.84K
Financing Cash Flow987.13K3.92M798.81K2.36M4.59M

1st Group Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
46
Neutral
AU$4.77M-2.79245.46%-5.32%72.83%
46
Neutral
AU$11.89M-2.48-218.76%76.94%42.95%
42
Neutral
AU$6.05M-0.71152.58%-57.91%-9.02%
41
Neutral
AU$3.53M64.9615.41%-5.76%8.00%
41
Neutral
AU$6.69M-2.18-44.35%-32.09%34.85%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:VFX
1st Group Ltd.
0.06
-0.02
-27.63%
AU:GLH
Global Health Limited
0.06
-0.02
-20.00%
AU:EVE
EVE Health Group Limited
0.02
-0.02
-52.50%
AU:CMB
Regeneus Ltd.
0.44
0.22
102.33%
AU:HIQ
HitIQ Limited
0.01
>-0.01
-28.57%

1st Group Ltd. Corporate Events

Visionflex Wins NSW Health Contract for Statewide Remote Monitoring Hardware
Jun 25, 2026
Visionflex Group Limited has secured an approximately $0.8 million contract with NSW Health to supply proprietary clinical hardware for the state’s Remote Patient Monitoring Digital Uplift program, supporting Virtual Hospital and Hospital in...
Visionflex Quarterly Cash Flow Shows Ongoing Operating Outflows
Apr 28, 2026
Visionflex Group Limited reported cash receipts from customers of A$778,000 for the March 2026 quarter, against operating outflows driven mainly by staff wages, administration, and manufacturing costs, resulting in negative operating cash flow of ...
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 01, 2026