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ZIMI Ltd (AU:ZMM)
:ZMM
Australian Market

ZIMI Ltd (ZMM) AI Stock Analysis

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AU

ZIMI Ltd

(Sydney:ZMM)

Rating:41Neutral
Price Target:
AU$0.00
▼(-100.00%Downside)
ZIMI Ltd's stock score is primarily impacted by its weak financial performance due to persistent losses and cash flow issues. The technical analysis indicates a lack of momentum, and the valuation is unattractive with a negative P/E ratio and no dividend yield.

ZIMI Ltd (ZMM) vs. iShares MSCI Australia ETF (EWA)

ZIMI Ltd Business Overview & Revenue Model

Company DescriptionZimi Limited provides Internet of Things based electrical products for homes and working spaces in Australia. It offers multipurpose switches, fan and light controller, power point, light dimmer, blind controllers, multi dimmer switches, and garage door controllers, as well as cloud connect switches. The company was formerly known as Quantify Technology Holdings Limited and changed its name to Zimi Limited in April 2021. Zimi Limited was incorporated in 2005 and is headquartered in Helensvale, Australia.
How the Company Makes Moneynull

ZIMI Ltd Financial Statement Overview

Summary
ZIMI Ltd faces significant financial challenges with persistent losses, high leverage, and cash flow constraints. The income statement shows troubling negative margins, the balance sheet reveals financial instability with high debt, and cash flow analysis indicates liquidity issues. Despite revenue growth, profitability remains elusive.
Income Statement
20
Very Negative
ZIMI Ltd shows a troubling income statement with negative gross profit margins and net profit margins over the years. The company experienced a significant increase in revenue from 2023 to 2024, but the consistent negative EBIT and EBITDA margins highlight ongoing operational inefficiencies and challenges in controlling costs.
Balance Sheet
35
Negative
The balance sheet reveals a mixed picture. A high debt-to-equity ratio in recent years suggests an increased reliance on debt financing, though the company has managed to reduce its liabilities slightly in 2024. The equity ratio has decreased, indicating a decline in financial stability. Return on equity remains negative due to ongoing net losses, pointing to challenges in generating shareholder returns.
Cash Flow
25
Negative
Cash flow analysis shows negative operating and free cash flows, implying potential liquidity issues. Although the negative free cash flow has improved from 2023 to 2024, the overall cash flow situation remains strained. The operating cash flow to net income ratio is not meaningful due to prevailing net losses.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
1.24M3.23M219.84K3.05M18.24K468.99K
Gross Profit
-2.54M-1.61M-5.29M85.39K6.32K108.49K
EBIT
-3.82M-4.10M-6.21M-4.92M-4.06M-4.25M
EBITDA
-3.31M-2.31M-3.28M-2.11M-2.30M-8.52M
Net Income Common Stockholders
-3.43M-3.37M-5.37M-4.93M-2.89M-10.81M
Balance SheetCash, Cash Equivalents and Short-Term Investments
1.07M520.57K980.13K1.66M1.22M694.80K
Total Assets
3.06M3.47M5.68M8.45M10.23M2.32M
Total Debt
149.00K527.68K663.19K643.71K276.03K1.01M
Net Debt
-922.10K7.11K-316.94K-1.02M-944.07K317.64K
Total Liabilities
1.59M2.11M1.40M1.50M1.97M2.01M
Stockholders Equity
1.47M1.36M4.28M6.95M8.25M305.35K
Cash FlowFree Cash Flow
-2.07M-448.98K-2.48M-3.32M-2.29M-2.80M
Operating Cash Flow
-2.01M-294.96K-2.27M-2.81M-1.31M-2.11M
Investing Cash Flow
-163.95K-154.02K-208.28K-504.38K-974.57K-686.26K
Financing Cash Flow
2.23M16.50K1.80M3.76M2.81M2.70M

ZIMI 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
37.47
Neutral
STOCH
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ZMM, 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 37.47 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:ZMM.

ZIMI 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
66
Neutral
$4.49B12.345.40%248.65%4.13%-12.33%
AUZMM
41
Neutral
AU$3.85M-174.80%-50.78%45.67%
$388.66M188.461.98%
$76.87B28.0115.38%1.73%
$272.36M83.332.89%
$18.50M-39.59%
AUKNO
62
Neutral
AU$7.13M47.78-2.18%-2.13%81.58%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:ZMM
ZIMI Ltd
0.01
0.00
0.00%
AUDGF
Audinate Group Ltd.
4.90
-5.85
-54.42%
CMXHF
CSL
159.14
-24.49
-13.34%
EXMXF
Dropsuite
0.65
0.00
0.00%
FBRKF
FBR Limited
0.01
-0.01
-50.00%
AU:KNO
Knosys Ltd.
0.03
0.00
0.00%

ZIMI Ltd Corporate Events

ZIMI Limited Announces Cessation of Performance Rights
Jun 5, 2025

ZIMI Limited has announced the cessation of 1,112,500 performance rights due to the conditions for these securities not being met or becoming incapable of being satisfied. This announcement may impact the company’s capital structure and could have implications for stakeholders, as it reflects the company’s current inability to meet certain performance conditions.

Zimi Limited Issues Over 40 Million Shares to Fuel IoT Expansion
May 6, 2025

Zimi Limited has issued 40,599,717 ordinary shares following shareholder approval at its General Meeting. This move aligns with the company’s strategy to leverage the growing IoT market by expanding its product offerings and exploring global expansion opportunities. The issuance of shares without disclosure under the Corporations Act 2001 suggests a strategic approach to capitalize on market opportunities while maintaining compliance with regulatory requirements.

Zimi Limited Resumes Trading on ASX
May 6, 2025

Zimi Limited (ASX: ZMM) has announced that the suspension of its securities trading will be lifted immediately following a company update. This reinstatement to quotation indicates a positive development for Zimi Limited, potentially impacting its market presence and providing reassurance to stakeholders about the company’s operational status.

Zimi Limited Updates on Capital Raising and Operational Progress
May 6, 2025

Zimi Limited announced that while it has been in discussions with shareholders and potential investors regarding capital raising, no binding agreement has been reached, and trading in its shares will resume on the ASX. The company has received significant new orders and has expanded its supply chain and market reach through strategic agreements, positioning itself for growth. These developments, along with a renewed distribution agreement with its largest customer, underscore a positive outlook for Zimi as it continues to execute its growth strategy and explore funding opportunities.

Zimi Limited Requests Voluntary Suspension for Capital Raising Announcement
May 5, 2025

Zimi Limited, listed on the Australian Securities Exchange under the ticker ZMM, has requested a voluntary suspension of its securities from quotation. This suspension is in accordance with Listing Rule 17.2 and is pending an announcement regarding a proposed capital raising. The company aims to lift the suspension by the commencement of trading on May 6, 2025, or upon the release of the capital raising announcement.

Zimi Secures $1.42M in Orders, Expands Market Reach with New Partnerships
Apr 30, 2025

Zimi Limited has confirmed $1.42 million in open orders with GSM Electrical (Australia) Pty Ltd (Trader), following shareholder approval to sell up to $6 million worth of products to Trader over two years. This approval marks a significant regulatory milestone, allowing Zimi to continue leveraging its relationship with Trader, a major distributor, to enhance its market presence. Additionally, Zimi’s new partnership with Zencontrol is set to expand its reach into the commercial control systems market, complementing its existing smart home offerings and potentially increasing its market share.

ZIMI Ltd Announces Director’s Interest Change and Debt Conversion
Apr 30, 2025

ZIMI Ltd has announced a change in the director’s interest, specifically involving Simon Charles Gerard, who has increased his indirect holdings through Gerard Private Holdings (Finance) Pty Ltd. This change was executed by issuing 40,599,717 ordinary fully paid shares as creditor conversion shares, approved by shareholders at the recent General Meeting. This move reflects a strategic financial restructuring, potentially strengthening ZIMI Ltd’s financial position by converting debt into equity, which could have implications for its market stability and shareholder value.

ZIMI Limited Announces Quotation of New Securities on ASX
Apr 30, 2025

ZIMI Limited has announced the quotation of 40,599,717 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code ZMM, with an issue date of April 29, 2025. This move is part of a previously announced transaction, potentially impacting the company’s market presence and providing stakeholders with new investment opportunities.

Zimi Ltd Enters Distribution Agreement with Zencontrol
Apr 29, 2025

Zimi Ltd announced a distribution agreement between its subsidiary, Zimi Innovations Pty Ltd, and Zencontrol Pty Ltd for the supply and sale of ‘Senoa Pro’ electrical products. This agreement, approved by shareholders, allows for sales up to $6 million over two years, potentially enhancing Zimi’s market position and strengthening ties with related parties.

ZIMI Limited Announces Proposed Securities Issue
Apr 29, 2025

ZIMI Limited has announced a proposed issue of securities, with a total of 40,599,717 ordinary fully paid securities to be issued. This move is part of a placement or other type of issue, with the proposed issue date set for April 29, 2025. The announcement indicates that these securities may be quoted on the ASX, pending agreement from the ASX. This development could impact ZIMI Limited’s market positioning by potentially increasing its capital base and providing more liquidity for stakeholders.

Zimi Limited Successfully Passes All Resolutions at General Meeting
Apr 28, 2025

Zimi Limited announced the successful passing of all resolutions at its General Meeting of Shareholders, held on April 28, 2025. This outcome supports Zimi’s strategic initiatives, including expanding product offerings and pursuing global partnerships, positioning the company to leverage the growing IoT market.

Zimi Limited Strengthens Market Position with Strategic Agreements
Apr 28, 2025

Zimi Limited has announced several strategic developments aimed at strengthening its market position and operational efficiency. The company has entered a manufacturing agreement with Zencontrol HK to enhance its supply chain and profitability, and renewed its distribution agreement with GSM Electrical, which is crucial for maintaining a strong sales channel. Additionally, Zimi has signed an exclusive distribution agreement with Zencontrol Pty Ltd, expanding its reach into the commercial lighting sector and creating new revenue streams. These initiatives are expected to improve Zimi’s production capabilities, financial performance, and market presence.

Zimi Limited Announces Hybrid General Meeting for Shareholders
Mar 28, 2025

Zimi Limited has announced a general meeting for its shareholders to be held on April 28, 2025, both in-person in North Perth, Western Australia, and virtually via Microsoft Teams. The company emphasizes the importance of the meeting materials, which are available online, and provides details on how shareholders can vote by proxy. This hybrid meeting approach reflects Zimi’s commitment to accessibility and engagement with its stakeholders, potentially impacting its operational transparency and shareholder relations positively.

ZIMI Ltd Proposes Strategic Resolutions to Strengthen Financial and Governance Framework
Mar 28, 2025

ZIMI Ltd’s Board is advocating for five resolutions to bolster the company’s financial standing and governance. These include converting debt into equity, ratifying past sales, and approving future transactions with related parties, ensuring compliance with ASX rules. An Independent Expert’s Report supports these resolutions as fair and reasonable, aiming to enhance shareholder value and operational transparency.

Zimi Limited Announces Hybrid General Meeting for Shareholders
Mar 28, 2025

Zimi Limited has announced a general meeting for shareholders scheduled for April 28, 2025, which will be held both in-person and virtually. This hybrid meeting approach reflects the company’s commitment to accessibility and modern communication methods, potentially impacting shareholder engagement and participation. The company has provided various methods for shareholders to access meeting materials and submit proxy votes, emphasizing the importance of the meeting and encouraging active involvement.

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.