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Volt Power Group Ltd (AU:VPR)
ASX:VPR
Australian Market

Volt Power Group Ltd (VPR) AI Stock Analysis

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AU:VPR

Volt Power Group Ltd

(Sydney:VPR)

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Outperform 70 (OpenAI - 5.2)
Rating:70Outperform
Price Target:
AU$0.17
▲(17.86% Upside)
The score is primarily driven by strong financial performance—high margins, solid growth, and low leverage—partly offset by only moderate free-cash-flow conversion. Technicals are mildly supportive (price above key averages) but tempered by a slightly negative MACD, while valuation appears mid-range with no dividend yield data to bolster the case.
Positive Factors
High profit margins
Very high gross and healthy net margins indicate a differentiated product or service mix and strong pricing power. These margins provide durable earnings resilience across cycles, funding R&D and commercial expansion while cushioning against input cost volatility.
Conservative balance sheet
Extremely low leverage and a strong equity base give the company financial flexibility to invest in projects, withstand downturns, and pursue partnerships without heavy refinancing risk, supporting long-term strategic initiatives and capital allocation optionality.
Strong returns and cash growth
High ROE and robust EBITDA margin combined with double-digit FCF growth signal efficient capital use and operational leverage. This mix supports reinvestment, potential strategic M&A, and sustainable value creation if margins and cash trends persist.
Negative Factors
Moderate free-cash-flow conversion
Only converting ~46% of net income into free cash limits internal funding for growth and increases reliance on external financing or equity raises. Over time, weaker cash conversion can constrain reinvestment, dividends, or buffer against volatility.
Small organizational scale
A very small headcount suggests limited in-house capacity to execute multiple large projects, scale sales and support, or absorb key-person risk. Sustainable growth may require outsized reliance on partners or hiring, raising execution and margin pressure risks.
Inconsistent revenue signal
Conflicting growth metrics point to volatile or lumpy revenue recognition, common in project-based energy businesses. This makes forecasting and maintaining growth harder, raising execution risk for scaling commercial operations and sustaining investor confidence.

Volt Power Group Ltd (VPR) vs. iShares MSCI Australia ETF (EWA)

Volt Power Group Ltd Business Overview & Revenue Model

Company DescriptionVolt Power Group Ltd (VPR) is a dynamic company focused on providing innovative energy solutions, particularly in the renewable energy sector. The company specializes in developing advanced technologies and services aimed at enhancing energy efficiency and lowering costs for both industrial and commercial clients. VPR’s core offerings include energy management systems, battery storage solutions, and consulting services that assist organizations in transitioning to more sustainable energy practices.
How the Company Makes MoneyVolt Power Group Ltd generates revenue through multiple streams, primarily by offering its energy management systems and consulting services to businesses seeking to optimize their energy consumption. The company charges for the installation and maintenance of its technologies, which serve to improve operational efficiency and reduce energy costs for clients. Additionally, VPR may engage in partnerships with other energy providers and technology firms to expand its market reach and enhance its service offerings. These collaborations can lead to joint ventures or co-developed solutions that further drive revenue. Moreover, as the demand for renewable energy solutions grows, VPR stands to benefit from governmental incentives and subsidies aimed at promoting clean energy initiatives.

Volt Power Group Ltd Financial Statement Overview

Summary
Volt Power Group Ltd exhibits strong financial health with impressive growth in revenue, profitability, and cash flow metrics. The income statement indicates robust growth and profitability, while the balance sheet reflects a strong capital structure with low leverage. The cash flow statement underscores strong cash generation capabilities.
Income Statement
Volt Power Group Ltd has shown robust revenue growth from 2023 to 2024, with a 10.54% increase in total revenue. The company also achieved a strong gross profit margin of 83.04% in 2024, indicating efficient production processes. The net profit margin improved significantly to 24.29%, reflecting enhanced profitability. The EBIT and EBITDA margins stood at 25.03% and 34.10% respectively, highlighting operational efficiency. Overall, the income statement reflects a positive growth trajectory with improving profitability metrics.
Balance Sheet
The company's balance sheet is relatively strong, with a low debt-to-equity ratio of 0.1 in 2024, indicating low financial leverage and risk. Return on equity improved to 20.93%, demonstrating effective utilization of shareholders' funds. The equity ratio of 74.92% suggests a solid capital structure with significant equity backing. However, maintaining a high level of equity could limit leverage benefits if not managed carefully.
Cash Flow
Volt Power Group Ltd has shown significant improvement in free cash flow, moving from negative in 2023 to positive in 2024, reflecting improved cash management. Operating cash flow to net income ratio is healthy at 1.41, indicating strong cash generation relative to net income. The free cash flow to net income ratio also improved to 0.84, suggesting positive cash flow generation capabilities. Overall, the cash flow position is stable with positive growth trends.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue4.90M5.56M5.03M3.26M3.06M1.88M
Gross Profit4.16M4.62M2.23M1.04M973.76K345.67K
EBITDA1.67M1.99M1.44M-55.23K500.46K-295.03K
Net Income872.00K1.35M607.68K-345.26K663.57K-493.31K
Balance Sheet
Total Assets8.05M8.62M7.96M6.77M5.79M3.56M
Cash, Cash Equivalents and Short-Term Investments1.44M2.28M1.55M2.27M1.88M666.49K
Total Debt486.98K642.74K922.35K806.12K383.50K145.62K
Total Liabilities1.81M2.16M2.26M2.35M1.44M1.38M
Stockholders Equity6.24M6.46M5.69M4.42M3.70M1.55M
Cash Flow
Free Cash Flow-499.86K882.51K-566.23K78.29K72.34K-521.08K
Operating Cash Flow904.47K1.90M1.49M1.59M1.17M362.08K
Investing Cash Flow-1.68M-1.02M-2.07M-1.69M124.44K-883.16K
Financing Cash Flow-160.41K-155.41K-145.88K495.56K-78.20K-100.13K

Volt Power Group Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (66)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
70
Outperform
AU$24.55M17.6514.11%-11.85%6.25%
66
Neutral
$17.65B18.105.60%3.62%6.62%11.55%
49
Neutral
AU$34.25M-13.13-11.34%-8.52%13.51%
49
Neutral
AU$18.05M-4.92-16.21%7.58%
42
Neutral
AU$24.78M-2.75-129.44%-29.97%-284.16%
42
Neutral
AU$11.53M-2.56-47.12%-15.24%
34
Underperform
AU$7.14M-0.41-84.32%91.54%
* Utilities Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:VPR
Volt Power Group Ltd
0.15
0.03
30.43%
AU:CCE
Carnegie Clean Energy Ltd
0.08
0.05
133.33%
AU:JNS
ReNu Energy Limited
0.06
-0.14
-69.50%
AU:DEL
Delorean Corporation Ltd
0.11
-0.06
-34.12%
AU:14D
1414 Degrees Ltd.
0.03
<0.01
47.62%
AU:BTE
Botala Energy Ltd.
0.06
0.00
0.00%

Volt Power Group Ltd Corporate Events

Volt Group Completes 4D Delta Acquisition and $4m Capital Raising
Jan 7, 2026

Volt Group Limited has completed the acquisition of 4D Delta Pty Ltd, finalising a transaction first outlined in November 2025 as part of its strategy to expand its business platform. Concurrently, the company has closed a $4.0 million share placement, strengthening its balance sheet and providing additional capital to support integration of the acquisition and future growth initiatives, with implications for its scale and positioning in its target markets.

The most recent analyst rating on (AU:VPR) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Volt Power Group Ltd stock, see the AU:VPR Stock Forecast page.

Volt Group Issues New Shares for Placement and 4D Delta Acquisition
Jan 7, 2026

Volt Group Limited has issued 29,629,630 fully paid ordinary shares under a previously announced placement and a further 26,851,852 fully paid ordinary shares as part consideration for its acquisition of 4D Delta. The company has confirmed that these new shares were issued without a disclosure document under relevant Corporations Act provisions, and has stated it is fully compliant with its financial reporting and continuous disclosure obligations and that there is no excluded information requiring disclosure, thereby enabling the new securities to trade freely and providing assurance to investors regarding regulatory compliance.

The most recent analyst rating on (AU:VPR) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Volt Power Group Ltd stock, see the AU:VPR Stock Forecast page.

Volt Group MD Adam Boyd Lifts Stake in Share Placement
Jan 7, 2026

Volt Group Limited has disclosed a significant increase in Managing Director Adam Boyd’s shareholding following a share placement approved by shareholders. Boyd and his associated entities acquired a total of 7,407,407 fully paid ordinary shares at $0.135 per share on 6 January 2026, lifting his direct and indirect holdings across various entities, while his existing 3,000,000 unlisted options remain unchanged. The transaction underscores ongoing insider support for the company’s capital structure and may be read by investors as a vote of confidence in Volt Group’s strategic direction and future prospects.

The most recent analyst rating on (AU:VPR) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Volt Power Group Ltd stock, see the AU:VPR Stock Forecast page.

Volt Group Issues 2 Million Unlisted Options as Part of Capital Management
Jan 7, 2026

Volt Group Limited (ASX: VPR) has notified the market of a new issuance of unquoted equity securities in the form of 2,000,000 unlisted options, exercisable at $0.2025 and expiring on 29 December 2028. The options, which were previously flagged in an earlier capital-related filing, are not intended to be quoted on the ASX, signalling a targeted incentive or funding-related structure rather than a broad public equity raising, and may impact dilution and capital management considerations for existing stakeholders over the medium term.

The most recent analyst rating on (AU:VPR) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Volt Power Group Ltd stock, see the AU:VPR Stock Forecast page.

Volt Group Seeks ASX Quotation for 26.9 Million New Shares
Jan 7, 2026

Volt Group Limited has applied to the ASX for quotation of 26,851,852 new fully paid ordinary shares (ASX code: VPR), issued on 6 January 2026. The application formalises the listing of these securities, which were previously notified to the market, and will expand the company’s quoted share base, potentially affecting liquidity and the holdings of existing and new investors once trading in the new shares commences.

The most recent analyst rating on (AU:VPR) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Volt Power Group Ltd stock, see the AU:VPR Stock Forecast page.

Volt Group Seeks ASX Quotation for 29.6 Million New Shares
Jan 7, 2026

Volt Group Limited has applied to the ASX for quotation of 29,629,630 new ordinary fully paid shares under its issuer code VPR, with an issue date of 6 January 2026. The application, lodged as a new announcement on 7 January 2026, formalises the listing of these securities that were issued as part of previously announced transactions, potentially expanding the company’s free float and liquidity for existing and new shareholders.

The most recent analyst rating on (AU:VPR) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Volt Power Group Ltd stock, see the AU:VPR Stock Forecast page.

Volt Group Wins Overwhelming Shareholder Backing for Capital Raising Resolutions
Dec 29, 2025

Volt Group Limited has secured strong shareholder backing at its 29 December 2025 general meeting for a series of equity-related resolutions aimed at supporting its capital management and governance framework. All resolutions put to the vote, including the issue of consideration shares, capital raising shares, specific share issues to directors and related parties (except one resolution not put to the meeting), and a Section 195 approval, were carried with overwhelming majorities, generally above 99% support on the poll, underscoring solid investor confidence in the board’s capital raising initiatives and governance processes.

The most recent analyst rating on (AU:VPR) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Volt Power Group Ltd stock, see the AU:VPR Stock Forecast page.

Volt Group Limited Announces Proposed Securities Issue
Dec 1, 2025

Volt Group Limited has announced a proposed issue of 4,166,667 ordinary fully paid securities, with the issue date set for May 31, 2027. This move is part of the company’s strategic efforts to enhance its capital structure, potentially impacting its market positioning and offering new opportunities for stakeholders.

The most recent analyst rating on (AU:VPR) stock is a Buy with a A$0.16 price target. To see the full list of analyst forecasts on Volt Power Group Ltd stock, see the AU:VPR Stock Forecast page.

Volt Group Schedules General Meeting to Discuss Strategic Acquisition
Nov 28, 2025

Volt Group Limited has announced a virtual General Meeting scheduled for December 29, 2025. The meeting will address key resolutions, including the issuance of shares to 4D Delta Shareholders as part of an acquisition. This move is significant for Volt Group as it seeks shareholder approval to expand its operations through strategic acquisitions, potentially impacting its market positioning and shareholder value.

The most recent analyst rating on (AU:VPR) stock is a Buy with a A$0.16 price target. To see the full list of analyst forecasts on Volt Power Group Ltd stock, see the AU:VPR Stock Forecast page.

Volt Power Group Announces $4 Million Capital Raising for 4D Delta Acquisition
Nov 13, 2025

Volt Power Group Ltd has announced a $4.0 million capital raising initiative aimed at acquiring 4D Delta. This move is expected to enhance Volt’s operational capabilities and potentially strengthen its position in the industry, although it comes with inherent risks and uncertainties that stakeholders should consider.

Volt Power Group Secures Additional Funds in Securities Issue
Nov 13, 2025

Volt Power Group Ltd announced an update regarding its recent securities issue, revealing that it has raised more funds than initially expected through its book build process. This development may strengthen the company’s financial position and potentially enhance its market standing, providing additional resources for its ongoing projects and strategic initiatives.

Volt Power Group Secures $4M for Strategic Acquisition
Nov 13, 2025

Volt Power Group Ltd has secured $4.0 million in commitments through a Conditional Placement to fund its acquisition of 4D Delta. This move, supported by both new and existing investors, including company directors, is aimed at bolstering Volt’s growth initiatives and general working capital. The placement, priced at a discount to recent trading values, is contingent on shareholder approval and the completion of the acquisition, with new shares expected to be issued by late December.

Volt Power Group Acquires 4D Delta to Expand Technology Services in Resources Sector
Nov 11, 2025

Volt Power Group Ltd has announced the acquisition of 4D Delta, a Perth-based leader in digital asset inspection technology and condition monitoring solutions for the mineral processing sector. This strategic acquisition is expected to transform Volt into a more diversified technology-enabled services company, enhancing its market position in the resources sector. The acquisition will be funded through a combination of cash and Volt shares, with additional contingent payments based on performance. This move is anticipated to increase Volt’s exposure to the growing fixed plant maintenance sector and strengthen its long-term client relationships, including those with major industry players like Rio Tinto and BHP.

Volt Group Limited Announces Proposed Securities Issue
Nov 11, 2025

Volt Group Limited has announced a proposed issue of securities, specifically 2,000,000 unlisted options exercisable at $0.2025 per option, expiring on December 29, 2028. This move is part of a placement or other type of issue, with the proposed issue date set for December 29, 2025, potentially impacting the company’s financial strategy and market positioning.

Volt Group Limited Announces Proposed Securities Issue
Nov 11, 2025

Volt Group Limited, listed on the ASX under the code VPR, has announced a proposed issue of 26,851,852 ordinary fully paid securities, scheduled for December 29, 2025. This move is part of a placement or other type of issue, potentially impacting the company’s market position by increasing its capital base, which could be used for expansion or other strategic initiatives.

Volt Group Limited Announces Proposed Securities Issue
Nov 11, 2025

Volt Group Limited has announced a proposed issue of 27,777,778 ordinary fully paid securities, with the issue date set for December 29, 2025. This move is part of a placement or other type of issue, and the company has applied for these securities to be quoted on the ASX, which could potentially enhance its market presence and provide additional capital for its operations.

Volt Power Group Achieves Record Revenue Growth in Q3 FY25
Oct 30, 2025

Volt Power Group Ltd announced a record year-to-date revenue of $4.01 million for Q3 FY25, marking a 9.9% increase from the previous year. The company’s Wescone and EcoQuip divisions have shown significant growth, with Wescone securing substantial customer orders and EcoQuip expanding its fleet to meet increasing demand. These developments position Volt Power Group for strong future performance, particularly in the energy and mining sectors, by offering innovative, cost-saving, and environmentally friendly solutions.

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: Jan 09, 2026