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WhiteHawk Ltd. (AU:WHK)
:WHK
Australian Market
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WhiteHawk Ltd. (WHK) AI Stock Analysis

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AU:WHK

WhiteHawk Ltd.

(Sydney:WHK)

Rating:46Neutral
Price Target:―
WhiteHawk Ltd.'s stock is currently rated at 46.4, reflecting significant financial and operational challenges. The primary concerns are the company's high leverage and negative profitability, which weigh heavily on its financial performance score. Technical analysis suggests some short-term weakness, though there is potential for long-term upward movement. Valuation remains a concern due to the negative P/E ratio, indicating the speculative nature of the investment. The absence of dividend yield further detracts from its attractiveness.

WhiteHawk Ltd. (WHK) vs. iShares MSCI Australia ETF (EWA)

WhiteHawk Ltd. Business Overview & Revenue Model

Company DescriptionWhiteHawk Ltd. (WHK) is a cybersecurity company specializing in providing comprehensive cyber risk solutions and services for businesses of all sizes. The company operates in the cybersecurity and risk management sectors, focusing on offering a cloud-based platform that allows businesses to identify, mitigate, and manage cyber risks effectively. WhiteHawk's core products and services include cyber risk assessments, tailored risk reports, and continuous monitoring services that help organizations protect their digital assets and ensure compliance with regulatory requirements.
How the Company Makes MoneyWhiteHawk Ltd. generates revenue primarily through subscription-based services offered via its cyber risk management platform. The company offers various subscription tiers, which provide different levels of access to its suite of cybersecurity tools and resources. Additionally, WhiteHawk earns revenue by providing consulting services, delivering customized cyber risk assessments, and developing tailored risk mitigation strategies for its clients. The company may also engage in strategic partnerships with other technology firms to enhance its service offerings and expand its market reach, contributing to its overall revenue growth.

WhiteHawk Ltd. Financial Statement Overview

Summary
WhiteHawk Ltd. is navigating through a challenging financial landscape with improving revenue and gross profit margins, yet it struggles with operational profitability and high leverage. The company shows resilience in maintaining liquidity through financing, yet it must enhance its operational cash flows and profitability to ensure sustainable growth.
Income Statement
45
Neutral
WhiteHawk Ltd. has shown inconsistent revenue performance with a decline from 2022 to 2023, followed by a slight recovery in 2024. The Gross Profit Margin improved to 56.44% in 2024, indicating better cost management. However, the Net Profit Margin remains negative at -85.56%, highlighting ongoing profitability challenges. The EBIT and EBITDA margins are also negative, reflecting operational difficulties.
Balance Sheet
40
Negative
The company's balance sheet shows a high level of leverage with a Debt-to-Equity Ratio of 1.74 in 2024, indicating potential financial risk. The Equity Ratio is low at 3.99%, suggesting a heavy reliance on debt financing. Despite this, the company managed to maintain positive cash and short-term investments, which can provide some liquidity cushion.
Cash Flow
50
Neutral
WhiteHawk Ltd. has a negative Free Cash Flow, though it has improved from 2023 to 2024. The Operating Cash Flow to Net Income Ratio is negative, reflecting operational cash flow challenges. However, the company has improved its cash position significantly through financing activities, indicating effective capital raising strategies.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue2.08M1.80M4.64M――
Gross Profit1.17M962.79K282.49K――
EBITDA-1.54M-2.53M-2.04M――
Net Income-1.78M-2.84M-2.22M――
Balance Sheet
Total Assets1.59M777.60K4.35M――
Cash, Cash Equivalents and Short-Term Investments1.07M103.03K3.20M――
Total Debt110.44K727.90K348.93K――
Total Liabilities1.52M1.58M4.20M――
Stockholders Equity63.36K-805.99K151.92K――
Cash Flow
Free Cash Flow-1.11M-3.05M-499.08K――
Operating Cash Flow-1.11M-3.05M-488.33K――
Investing Cash Flow0.000.00-10.74K――
Financing Cash Flow2.07M983.88K1.73M――

WhiteHawk Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.01
Price Trends
50DMA
0.01
Negative
100DMA
0.01
Negative
200DMA
0.01
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
47.61
Neutral
STOCH
-66.67
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:WHK, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.01, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 47.61 is Neutral, neither overbought nor oversold. The STOCH value of -66.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:WHK.

WhiteHawk 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
AU$1.67B2.34-31.66%3.52%16.55%-7.79%
48
Neutral
AU$62.76M―-45.31%―-28.80%32.87%
46
Neutral
AU$10.01M―
―16.26%62.58%
46
Neutral
AU$30.24M―-52.29%―4.10%-115.05%
45
Neutral
AU$27.42M―-54.77%―-14.50%-77.33%
41
Neutral
AU$34.78M―-31.58%―22.29%64.62%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:WHK
WhiteHawk Ltd.
0.01
-0.01
-50.00%
AU:SEN
Senetas Corporation Limited
0.02
0.00
0.00%
AU:FCT
FirstWave Cloud Technology
0.02
0.00
0.00%
AU:AR9
archTIS Ltd.
0.17
0.09
112.50%
AU:PRO
Prophecy International Holdings Ltd
0.41
-0.47
-53.41%

WhiteHawk Ltd. Corporate Events

WhiteHawk Ltd. Concludes Lind Agreement and Achieves SARS Milestone
May 1, 2025

WhiteHawk Ltd. has announced the conclusion of its financial obligations under the Subscription Agreement with Lind Global Fund II LP by issuing a Repayment Notice for the remaining amount owed. Additionally, the company has issued 15 million fully paid ordinary shares following the achievement of a milestone related to stock appreciation rights granted to Ms. Teresa Roberts. This development signifies WhiteHawk’s ongoing progress towards its strategic goals and highlights its commitment to delivering key outcomes, which may strengthen its position in the cybersecurity market.

WhiteHawk Ltd. Announces Director’s Interest Change
May 1, 2025

WhiteHawk Limited has announced a change in the director’s interest notice, specifically involving Terry Roberts. The change involves the conversion of 15,000,000 stock appreciation rights into ordinary shares, following the satisfaction of a vesting milestone under the SARs agreement. This adjustment increases Roberts’ holdings to 37,520,999 ordinary shares and decreases his stock appreciation rights to 55,029,711. This move reflects the company’s ongoing efforts to align executive interests with shareholder value, potentially impacting its market positioning and stakeholder confidence.

WhiteHawk Limited Issues 15 Million New Shares
May 1, 2025

WhiteHawk Limited has announced the issuance of 15,000,000 fully paid ordinary shares following the conversion of stock appreciation rights under its Stock Appreciation Rights Plan. This move, facilitated by compliance with the Corporations Act, allows the shares to be sold without disclosure, potentially enhancing the company’s market liquidity and shareholder value.

WhiteHawk Ltd. Issues 15 Million Securities on ASX
May 1, 2025

WhiteHawk Ltd. has announced the issuance of 15 million fully paid ordinary securities to be quoted on the Australian Securities Exchange (ASX) as part of an employee incentive scheme. This move is expected to enhance the company’s market presence and incentivize its workforce, potentially impacting its operational efficiency and stakeholder engagement positively.

WhiteHawk Ltd. Strengthens Market Position with Key Contracts in Q1 2025
Apr 29, 2025

WhiteHawk Ltd. reported significant progress in the first quarter of 2025, with key contract renewals and new agreements that bolster its market position. Notable achievements include a two-year contract renewal with a global social media company valued at $2.4 million, a strategic subcontract on a $920 million U.S. Federal Government contract, and a new city-wide cyber risk contract with the City of Atlanta. Additionally, the company is expanding its services into sporting events and healthcare, highlighting its growing influence and adaptability in the cybersecurity sector.

WhiteHawk Ltd. Announces Top Option Holders and Shareholder Structure
Apr 24, 2025

WhiteHawk Ltd. has released information about its top 20 holders of options, which are priced at $0.02 and set to expire three years from the date of issue. The top holders collectively own 72.12% of the total options, with the remaining 27.88% held by other stakeholders. This distribution of options highlights the company’s shareholder structure and could have implications for its market strategy and stakeholder engagement.

WhiteHawk Ltd. Issues 30 Million Unquoted Securities
Apr 24, 2025

WhiteHawk Ltd. has announced the issuance of 30 million unquoted securities, specifically options expiring in April 2029, as part of a previously announced transaction. This move is likely to impact the company’s financial structure and could influence its strategic positioning in the cybersecurity market by potentially raising capital for future initiatives.

WhiteHawk Ltd. Announces Director’s Interest Change
Apr 24, 2025

WhiteHawk Limited has announced a change in the director’s interest notice, specifically concerning Giuseppe Porcelli. The director has acquired 11,666,666 listed options as free-attaching options linked to a placement announced on 26 November 2024. This change does not affect the number of ordinary shares held, which remains at 35,000,000. The issuance of these options could potentially impact the company’s stock market activities and investor perceptions, as it reflects strategic financial maneuvers by the company.

WhiteHawk Ltd. Announces Quotation of New Securities on ASX
Apr 24, 2025

WhiteHawk Ltd. has announced the application for quotation of 70,333,335 options expiring on April 24, 2028, on the Australian Securities Exchange (ASX). This move is part of previously announced transactions, potentially enhancing the company’s financial flexibility and market presence, which could have implications for its stakeholders and industry positioning.

WhiteHawk Ltd. Announces 2025 Annual General Meeting Agenda
Apr 17, 2025

WhiteHawk Ltd. has announced its upcoming Annual General Meeting, scheduled to be held online on May 20, 2025. Key agenda items include the consideration of financial statements, adoption of the remuneration report, election and re-election of directors, and ratification of prior share issues to Lind Partners. The meeting will also seek approval for future share issuances under a 2024 agreement with Lind Partners, indicating ongoing strategic partnerships and financial maneuvers aimed at strengthening the company’s market position.

WhiteHawk Ltd. Updates Securities Issuance Proposal
Apr 17, 2025

WhiteHawk Ltd. has announced a revised and updated proposal for the issuance of securities, which supersedes a previous announcement made earlier in the year. This update reflects the company’s ongoing efforts to manage its financial strategies and maintain compliance with ASX regulations, potentially impacting its market positioning and stakeholder interests.

WhiteHawk Ltd. Announces Proposed Securities Issuance
Apr 16, 2025

WhiteHawk Ltd. has announced a proposed issuance of securities, specifically options expiring in May 2028 and May 2029, with a total of 100,333,335 options to be issued. 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. This issuance could potentially impact WhiteHawk’s market positioning by providing additional capital and enhancing its financial flexibility, which may influence its strategic initiatives and stakeholder interests.

WhiteHawk Ltd. Announces New Options Offer for Eligible Shareholders
Apr 16, 2025

WhiteHawk Ltd. has announced an offer of free attaching options in connection with a placement, effective April 16, 2025. The options are aimed at investors seeking exposure to equities in the technology sector with a short to medium-term investment outlook. The company emphasizes that the investment is speculative and requires investors to have sufficient financial resources and literacy to understand the risks involved. The offer is specifically targeted at eligible shareholders who participated in a previous placement.

WhiteHawk Ltd. Expands Cybersecurity Reach with New Contracts and ASX Options Listing
Apr 16, 2025

WhiteHawk Ltd. announced plans to apply for the quotation of over 70 million options on the ASX, as part of a placement initiative. The company also shared updates on recent contract wins and renewals, including partnerships with Norwich University Applied Research Institute and Georgetown University, which bolster its position in the cybersecurity market by expanding its cyber risk program services.

WhiteHawk Ltd. Issues New Shares Under Subscription Agreement
Apr 8, 2025

WhiteHawk Ltd. has issued 10,714,286 fully paid ordinary shares as part of a Share Subscription Agreement announced in August 2024. This issuance, detailed in a recent ASX filing, allows the shares to be sold without disclosure under specific exemptions of the Corporations Act, potentially enhancing the company’s financial flexibility and market operations.

WhiteHawk Ltd. Announces Quotation of New Securities on ASX
Apr 8, 2025

WhiteHawk Ltd. has announced the quotation of 10,714,286 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of a transaction previously disclosed to the market, indicating a strategic step in the company’s financial operations. The issuance of these securities could potentially enhance WhiteHawk’s market presence and provide additional capital for its business activities.

WhiteHawk Ltd. Announces Expiry of Listed Options
Apr 6, 2025

WhiteHawk Ltd. has announced the expiration of 74,722,197 listed options, exercisable at $0.0275 each, set to expire on May 8, 2025. The company has informed option holders of their choices, including exercising, selling, or allowing the options to expire, with official trading ceasing on May 2, 2025. This announcement is crucial for stakeholders as it impacts their investment decisions and reflects on the company’s current market performance, where the last traded price was $0.0210.

WhiteHawk Director Increases Stake with Major Share Acquisition
Apr 4, 2025

WhiteHawk Ltd. has announced a significant change in the director’s interest, with Director Giuseppe Porcelli acquiring an additional 25,000,000 ordinary shares, bringing his total to 35,000,000 shares. This acquisition was part of a placement based on previously allocated Tranche 2 shares, indicating a strategic move to consolidate Porcelli’s stake in the company, potentially impacting the company’s governance and shareholder dynamics.

WhiteHawk Limited Issues New Shares to Strengthen Market Position
Apr 4, 2025

WhiteHawk Limited has announced the issuance of 53.5 million fully paid ordinary shares at $0.01 each, as part of a previously announced placement, and an additional 6 million shares to Peak Asset Management under a lead manager mandate. This move, compliant with the Corporations Act, is aimed at enhancing the company’s financial flexibility and market positioning, potentially impacting its operational capabilities and stakeholder interests.

WhiteHawk Ltd. Announces Quotation of New Securities on ASX
Apr 4, 2025

WhiteHawk Ltd. has announced the quotation of 59,500,000 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code WHK, effective from April 4, 2025. This move is part of a transaction previously announced and is expected to enhance the company’s liquidity and market presence, potentially impacting its stakeholders by increasing the availability of its securities for trading.

WhiteHawk Secures Major U.S. Federal Government Contract
Apr 1, 2025

WhiteHawk Limited has secured a key subcontract position on a significant U.S. Federal Government contract vehicle, valued at $920 million over ten years, in collaboration with Knexus Research LLC, Babel Street, and Dun & Bradstreet. This contract, backed by a White House Executive Order, positions WhiteHawk to deliver cyber supply chain risk solutions across the U.S. Government, offering significant recurring revenue potential and enhancing their industry positioning as a leader in supply chain cyber risk management.

WhiteHawk Secures Major U.S. Federal Government Contract
Apr 1, 2025

WhiteHawk Limited has secured a key subcontract position on a US$920 million U.S. Federal Government contract vehicle for ten years, in partnership with Knexus Research LLC, Babel Street, and Dun & Bradstreet. This selection, backed by a White House Executive Order, positions WhiteHawk to deliver advanced cyber supply chain risk solutions across the U.S. Government, offering significant recurring revenue potential and reinforcing its strategic positioning in the cybersecurity industry.

WhiteHawk Ltd. Releases 2024 Corporate Governance Statement
Mar 28, 2025

WhiteHawk Ltd. has released its corporate governance statement for the financial year ending December 31, 2024, which is available on their website. The statement, approved by the board, outlines the company’s adherence to ASX Corporate Governance Council’s principles, emphasizing transparency and accountability in its management practices. This announcement underscores WhiteHawk’s commitment to maintaining high governance standards, potentially enhancing its reputation and trust among stakeholders.

WhiteHawk Limited Releases 2024 Annual Report
Mar 28, 2025

WhiteHawk Limited has released its 2024 Annual Report, detailing the company’s financial performance and strategic initiatives for the year ended December 31, 2024. The report includes comprehensive financial statements and governance disclosures, providing insights into WhiteHawk’s operational outcomes and future positioning in its market. The annual report serves as a critical document for stakeholders, offering transparency and accountability in the company’s business practices.

WhiteHawk Ltd. Announces AGM Date and Director Nominations
Mar 25, 2025

WhiteHawk Ltd. has announced that its Annual General Meeting (AGM) will take place on May 20, 2025, where the election and appointment of directors will be a key agenda item. This meeting is significant for stakeholders as it will shape the company’s leadership and potentially influence its strategic direction in the cybersecurity market.

WhiteHawk Ltd. Transitions Share Registry Management to Computershare
Mar 14, 2025

WhiteHawk Ltd. announced a change in their share registry management, transferring from Automic Registry Services to Computershare Investor Services Pty Limited, effective from March 24, 2025. This transition allows shareholders to manage their holdings more efficiently through Computershare’s secure online portal, Investor Centre, which offers features such as updating shareholder details and viewing transaction history. The change is expected to enhance communication with shareholders by encouraging them to provide email addresses for electronic communication.

WhiteHawk Limited Appoints New Director with Significant Shareholding
Mar 12, 2025

WhiteHawk Limited has announced the appointment of Giuseppe Porcelli as a new director, effective March 11, 2025. Porcelli holds 10,000,000 ordinary shares in the company, indicating a significant personal investment and commitment to the company’s future. This appointment is expected to strengthen WhiteHawk’s leadership team and potentially enhance its strategic direction in the cybersecurity market.

WhiteHawk Ltd. Appoints Giuseppe Porcelli to Board, Aiming for Global Expansion
Mar 12, 2025

WhiteHawk Ltd. has appointed Giuseppe Porcelli, a seasoned technology entrepreneur, as a Non-Executive Director. Porcelli’s extensive experience in technology innovation and strategic business alliances is expected to significantly contribute to WhiteHawk’s global expansion and strategic objectives. His appointment is seen as a strategic move to leverage his expertise in corporate governance and risk management, particularly in emerging markets, to accelerate the company’s growth trajectory in the cybersecurity sector.

WhiteHawk Ltd. Reports 2024 Financials and Secures Key Contracts
Feb 27, 2025

WhiteHawk Ltd. reported a revenue of US$2.1 million for 2024, with additional unearned revenue and contracts set to be delivered in the coming years. Despite a US$1.8 million loss after tax, the company secured significant contracts, including a two-year renewal with a global social media company and new partnerships with firms like Zura Group. The company is actively engaging in various projects and proposals, such as responding to RFPs from the State of Ohio and the City of Atlanta, and expanding its Cyber Risk Program with Cailabs. These developments highlight WhiteHawk’s strategic efforts to strengthen its market position and expand its client base in the cybersecurity industry.

WhiteHawk Ltd. Updates Securities Quotation Application
Feb 26, 2025

WhiteHawk Ltd. has updated its previous announcement regarding the application for quotation of securities, which is part of a larger issuance initially disclosed in August 2024. This update signifies a strategic move in the company’s financial operations, potentially impacting its market positioning and offering stakeholders insights into its growth and capital management strategies.

WhiteHawk Ltd. Issues New Shares Under Subscription Agreement
Feb 25, 2025

WhiteHawk Ltd. has issued 6,666,667 fully paid ordinary shares at $0.009 per share under a previously announced Share Subscription Agreement. This issuance, compliant with the Corporations Act, allows the shares to be sold without disclosure, potentially enhancing liquidity and investor interest in the company.

WhiteHawk Ltd. Announces New Securities Quotation on ASX
Feb 25, 2025

WhiteHawk Ltd. has announced a new application for the quotation of securities on the Australian Securities Exchange (ASX). The company is set to quote 6,666,667 ordinary fully paid securities under the ASX code WHK, with the issue date being February 25, 2025. This move is expected to impact WhiteHawk’s market operations by potentially increasing its liquidity and investor base, thereby strengthening its position within the industry.

WhiteHawk Ltd. Successfully Passes All Resolutions at General Meeting
Feb 10, 2025

WhiteHawk Ltd. announced that all resolutions presented at its General Meeting of Shareholders were successfully carried by poll. This outcome reflects strong shareholder support and could enhance the company’s operational strategies, potentially strengthening its market position and stakeholder confidence.

WhiteHawk Highlights Critical Cyber Threats in 2023
Feb 10, 2025

WhiteHawk Ltd. has released insights into the 2023 U.S. Critical Infrastructure (CI) Threat Landscape, highlighting significant financial losses due to cyber threats as reported by the FBI’s Internet Crime Report. The report reveals substantial financial losses, including $2.9 billion from business email compromises and over $59.6 million from ransomware attacks, underscoring the urgent need for enhanced cybersecurity measures in critical infrastructure sectors.

WhiteHawk Director Adjusts Securities Holdings
Feb 10, 2025

WhiteHawk Limited has announced a change in the interests of its director, Philip George, in the company’s securities. On February 5, 2025, George converted 400,000 performance rights into ordinary shares, resulting in him holding 1,600,000 ordinary shares and 800,000 performance rights in total. This move reflects the satisfaction of vesting milestone conditions and may indicate strategic adjustments in the company’s leadership investments.

WhiteHawk Ltd. Issues New Shares Following Performance Rights Conversion
Feb 5, 2025

WhiteHawk Ltd. has issued 1,200,000 fully paid ordinary shares following the conversion of performance rights under its Performance Rights and Options Plan. This issuance, conducted without disclosure under certain sections of the Corporations Act, is exempt from on-sale restrictions, highlighting the company’s compliance with specific regulatory provisions. This move reflects WhiteHawk’s strategic management of equity incentives and may enhance its financial flexibility, potentially impacting stakeholders by expanding share availability.

WhiteHawk Ltd. Issues New Securities to Bolster Market Presence
Feb 5, 2025

WhiteHawk Limited announced the issuance of 1,200,000 ordinary fully paid securities to be quoted on the ASX under the security code WHK as of February 5, 2025. This move could enhance the company’s liquidity position and potentially strengthen its market presence, offering new opportunities for investors and stakeholders.

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: May 01, 2025