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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 75 (OpenAI - 5.2)
Rating:75Outperform
Price Target:
AU$0.19
▲(32.86% Upside)
The score is primarily driven by strong financial performance (high margins, solid growth, and low leverage). Technicals are supportive with price above key moving averages and positive MACD, though momentum is nearing stretched levels (high stochastic). Valuation is reasonable but not notably cheap based on the P/E, and no dividend data is available.
Positive Factors
High Profitability
Sustained high gross and net margins indicate durable pricing power and efficient cost structure. These margins provide a long-term buffer against cost inflation, fund reinvestment into product development and services, and support profitable scaling as commercial and industrial clients adopt energy solutions.
Conservative Balance Sheet
Very low leverage and a strong equity base reduce financial risk and preserve flexibility for strategic investments or downturns. High ROE shows effective capital allocation, enabling Volt to pursue partnerships or deployments without heavy reliance on external debt financing over the medium term.
Improving Cash Generation
Positive FCF growth and operating cash generation above net income point to improving cash conversion from operations. This durable cash generation can support working capital for installations, fund R&D or battery inventory, and reduce the need for dilutive financing as the business scales.
Negative Factors
Moderate FCF Conversion
Less than half of accounting earnings convert to free cash flow, limiting internal funding for capex and growth. Over time this moderates the benefit of strong margins, may require external funding for larger deployments, and increases sensitivity to working capital swings in project timing.
Small Organizational Scale
A very small headcount constrains capacity to execute multiple large commercial projects, scale customer service, and internalize expertise. Reliance on few personnel raises key-person risk and may force dependence on partners or contractors, slowing durable growth and operational resilience.
Recent Revenue Weakness
Reported negative recent revenue growth signals strain in sustaining top-line momentum. For a solutions provider, inconsistent revenue trends can reflect lumpy project cycles or customer concentration, reducing visibility into recurring demand and making long-term investment planning riskier.

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
Strong overall fundamentals: solid revenue growth (+12.5%) and high profitability (gross margin 83.05%, net margin 24.30%). Balance sheet is conservative with low leverage (debt-to-equity 0.10) and strong ROE (20.93%). Cash flow is improving (FCF growth 18.80%), but free cash flow conversion is only moderate (FCF-to-net income 46.40%), which caps the score.
Income Statement
85
Very Positive
Volt Power Group Ltd has shown strong revenue growth with a 12.5% increase in the latest year, building on previous years of growth. The company has impressive profitability metrics, with a gross profit margin of 83.05% and a net profit margin of 24.30%, indicating efficient cost management and strong bottom-line performance. The EBIT and EBITDA margins are also healthy at 19.67% and 35.73%, respectively, showcasing operational efficiency.
Balance Sheet
78
Positive
The company's balance sheet is solid with a low debt-to-equity ratio of 0.10, suggesting conservative leverage and financial stability. The return on equity is robust at 20.93%, indicating effective use of equity capital. The equity ratio of 74.92% reflects a strong equity base relative to total assets, enhancing financial resilience.
Cash Flow
70
Positive
Volt Power Group Ltd has demonstrated positive cash flow trends, with a free cash flow growth rate of 18.80%. The operating cash flow to net income ratio is slightly above 1, indicating good cash generation relative to net income. However, the free cash flow to net income ratio is moderate at 46.40%, suggesting room for improvement in converting net income to free cash flow.
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
75
Outperform
AU$27.00M19.4114.11%-11.85%6.25%
66
Neutral
$17.65B18.105.60%3.62%6.62%11.55%
49
Neutral
AU$29.76M-11.41-11.34%-8.52%13.51%
49
Neutral
AU$17.15M-4.67-16.21%7.58%
48
Neutral
AU$10.40M-2.07-47.12%-15.24%
40
Underperform
AU$20.93M-2.33-129.44%-29.97%-284.16%
34
Underperform
AU$14.63M-0.84-84.32%91.54%
* Utilities Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:VPR
Volt Power Group Ltd
0.17
0.05
43.48%
AU:CCE
Carnegie Clean Energy Ltd
0.07
0.03
78.05%
AU:JNS
ReNu Energy Limited
0.13
-0.08
-37.50%
AU:DEL
Delorean Corporation Ltd
0.10
-0.05
-32.14%
AU:14D
1414 Degrees Ltd.
0.03
>-0.01
-3.85%
AU:BTE
Botala Energy Ltd.
0.06
>-0.01
-5.00%

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 17, 2026