Vonex Limited (VN8) AI Stock Analysis

• Market Cap: AU$20.32M
• Dividend Yield: N/A
• Average Volume (3M): 5.96K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.55
• Revenue Growth: -4.31%
• EPS Growth: 73.91%
• Country: AU
• Employees: N/A
• Sector: Communication Services
• Sector Strength: 88
• Industry: Telecommunications Services
• EPS (TTM): >-0.01
• Shares Outstanding: 752,603,500
• 10 Day Avg. Volume: 10,977
• 30 Day Avg. Volume: 5,960
• PEG Ratio: -0.39
• Price to Book (P/B): -3.26
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 5.57
• 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: 47 Neutral
• Price Target: AU$0.00 ▼(-100.00%Downside)

Vonex Limited's overall score is adversely impacted by financial instability and negative technical indicators. While revenue growth and cash flow are positive aspects, high leverage, negative equity, and bearish market momentum significantly lower the score. The absence of earnings call data and corporate events limits further assessment.

Vonex Limited Business Overview & Revenue Model

Company Description

Vonex Limited provides telecommunications services to business customers in Australia and the United States. The company operates through Retail Telecommunications and Wholesale Telecommunications segments. The Retail Telecommunications segment offers data, internet, billing, and other services, as well as voice services, including IP voice services. The Wholesale Telecommunications segment provides Vonex PBX and call termination services, and NBN and 4G mobile broadband at wholesale rates via a white label model. Vonex Limited is headquartered in Milton, Australia.

How the Company Makes Money

Vonex Limited generates revenue primarily through the provision of telecommunications services, including hosted PBX and VoIP services to businesses, which are billed on a subscription or usage basis. The company also earns from providing broadband internet services to residential customers. Additionally, Vonex may engage in partnerships and collaborations to offer bundled services, enhancing its revenue streams. The development and commercialization of new technologies also contribute to its earnings by expanding its service offerings and customer base.

Vonex Limited Financial Statement Overview

Summary

Vonex Limited exhibits strong revenue growth, but profitability and balance sheet stability are concerning. The company faces challenges with negative equity and high leverage, which could impact long-term financial health. Positive cash flow generation is a strength, yet maintaining this will be crucial amidst financial instability. Strategic focus on improving operational efficiency and reducing leverage is essential for future growth and stability.

Income Statement

Vonex Limited has demonstrated a strong revenue growth trend, with a notable increase in total revenue over the past years. However, profitability remains a challenge, as indicated by the negative net income and fluctuating EBIT and EBITDA margins. The gross profit margin is healthy, but the net profit margin is negative, reflecting operational inefficiencies or high costs.

Balance Sheet

The company's balance sheet shows high leverage with a negative stockholders' equity, indicating financial instability. The debt-to-equity ratio is high, and the negative equity ratio suggests that liabilities exceed assets. This poses significant risks to financial health and sustainability.

Cash Flow

Vonex Limited has shown improvement in free cash flow, with positive growth over recent years. The operating cash flow to net income ratio is favorable, indicating effective cash management despite the negative net income. However, the heavy reliance on financing activities in prior periods raises concerns about the sustainability of cash flows.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
47.02M	48.19M	45.45M	33.62M	18.26M	12.77M
	Gross Profit
21.27M	21.36M	6.97M	8.58M	-185.76K	513.90K
	EBIT
5.57M	1.68M	-2.17M	1.27M	-4.23M	-3.32M
	EBITDA
4.62M	4.98M	-17.92M	2.92M	-3.24M	-751.96K
	Net Income Common Stockholders
-657.93K	-1.34M	-22.82M	251.69K	-3.98M	-705.96K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.97M	2.93M	1.79M	3.20M	3.66M	4.81M
	Total Assets
33.85M	35.32M	36.43M	48.45M	11.81M	12.23M
	Total Debt
25.37M	25.71M	23.33M	15.61M	995.33K	950.55K
	Net Debt
22.40M	22.78M	21.54M	12.41M	-2.66M	-3.86M
	Total Liabilities
37.89M	39.00M	39.36M	29.24M	6.23M	5.42M
	Stockholders Equity
-4.04M	-3.68M	-2.93M	19.21M	5.58M	6.81M
Cash Flow		Free Cash Flow
4.73M	4.70M	2.24M	5.18M	-503.42K	-802.41K
	Operating Cash Flow
4.77M	4.79M	2.56M	5.33M	-342.39K	-729.24K
	Investing Cash Flow
-50.05K	-98.11K	-8.52M	-31.36M	-636.47K	1.23M
	Financing Cash Flow
-3.66M	-3.55M	4.56M	25.57M	-173.64K	1.13M

Vonex Limited Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:VN8, 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 0.03, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 30.36 is Neutral, neither overbought nor oversold. The STOCH value of 41.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:VN8.

Vonex Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$14.59B	5.85	-4.31%	3.69%	2.76%	-30.36%
VN8	47 Neutral	AU$20.32M	―		―	-4.31%	73.91%
TPGTF		$6.28B	280.66	-0.95%	―	―	―
TTRAF		$36.07B	32.74	11.34%	3.87%	―	―
9SL		€816.54M	―	-1.05%	―	―	―
MAQ		AU$1.62B	43.74	8.93%	―	―	―
SPK		AU$3.93B	21.32	12.57%	13.38%	―	―

Vonex Limited Corporate Events

Vonex Limited Strengthens Financial Position and Leadership

Vonex Limited has announced several key developments for the quarter ending March 2025, including the appointment of Michael Blake as CEO and the successful completion of an entitlement offer and debt refinancing. The company raised approximately $13.89 million through a non-renounceable entitlement offer, which was used to repay existing debt, significantly improving its capital structure and financial flexibility. Additionally, Vonex refinanced the remaining debt with a new facility from Westpac Banking Corporation, providing longer-term financial stability. The company also received recognition from the Australian Communications and Media Authority for having the lowest number of complaints per 10,000 services for the second consecutive quarter, highlighting its commitment to operational excellence and customer satisfaction.

Vonex Limited Restructures Debt, Secures New Financing

Vonex Limited has successfully completed the resettlement and reduction of its debt facilities, using proceeds from a recent entitlement offer to repay $13 million of its $23 million debt with Longreach. The remaining balance has been refinanced with a three-year variable interest rate facility from Westpac, which features commercially competitive terms. This financial restructuring is expected to positively impact Vonex’s operational stability and market positioning.