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Global Invacom Group Ltd (SG:QS9)
SGX:QS9
Singapore Market
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Global Invacom (QS9) AI Stock Analysis

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SG:QS9

Global Invacom

(SGX:QS9)

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Neutral 43 (OpenAI - 5.2)
Rating:43Neutral
Price Target:
S$0.04
▼(-18.00% Downside)
Action:Reiterated
Date:08/07/26
The score is held down primarily by weak financial performance (multi-year revenue contraction and recurring losses, despite low leverage) and very bearish technicals (price below key moving averages with negative MACD and extremely low RSI). Valuation is also constrained by negative earnings and no indicated dividend support.
Positive Factors
Satellite communications niche
Operating in the satellite-communications equipment niche gives the company exposure to structurally growing demand for connectivity infrastructure and specialized hardware. That technical focus supports enduring customer relationships, higher switching costs and repeat OEM orders over months to years.
Negative Factors
Large multi-year revenue decline
A roughly 4x reduction in revenues over five years signals loss of scale and customer demand. Persistent top-line contraction undermines fixed-cost absorption, supplier leverage and long-term pricing power, making margin recovery and sustainable profitability harder absent lasting revenue stabilization.
Read all positive and negative factors
Positive Factors
Negative Factors
Satellite communications niche
Operating in the satellite-communications equipment niche gives the company exposure to structurally growing demand for connectivity infrastructure and specialized hardware. That technical focus supports enduring customer relationships, higher switching costs and repeat OEM orders over months to years.
Read all positive factors

Global Invacom (QS9) vs. iShares MSCI Singapore ETF (EWS)

Global Invacom Business Overview & Revenue Model

Company Description
Global Invacom Group Limited operates as an investment holding company, specializing in the research, development, design, and supply of satellite communications hardware and systems. Its market reach extends internationally, encompassing signific...
How the Company Makes Money
Global Invacom primarily makes money by selling communications hardware and related solutions to business customers in the satellite communications and broader connectivity value chain. Key revenue streams typically include (1) product revenue fro...

Global Invacom Financial Statement Overview

Summary
Overall fundamentals are pressured: revenue has fallen sharply versus prior years (2020 ~136.1m to 2025 ~30.4m) and profitability remains weak with losses in 4 of the last 5 years and negative EBIT/EBITDA in 2024–2025. Positives include a low and improving debt position (debt down to ~2.0m by 2025) and a return to modestly positive operating/free cash flow in 2025, but equity erosion and cash-flow volatility keep the score below average.
Income Statement
34
Negative
Balance Sheet
66
Positive
Cash Flow
45
Neutral
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue30.41M34.68M39.81M72.77M82.54M
Gross Profit14.05M13.66M15.49M14.42M16.55M
EBITDA-1.34M-5.08M3.98M-10.46M4.85M
Net Income-2.22M-8.37M-963.00K-15.53M561.00K
Balance Sheet
Total Assets31.63M34.09M54.56M56.25M77.92M
Cash, Cash Equivalents and Short-Term Investments3.76M5.13M10.79M9.24M10.77M
Total Debt2.00M1.57M5.12M8.69M10.84M
Total Liabilities8.89M9.59M21.59M22.67M30.56M
Stockholders Equity22.77M24.54M33.00M33.61M47.38M
Cash Flow
Free Cash Flow151.00K-2.72M1.20M687.00K-1.60M
Operating Cash Flow386.00K-2.23M2.16M1.16M-537.00K
Investing Cash Flow-786.00K-487.56K4.88M-462.00K-278.00K
Financing Cash Flow523.00K-5.03M-4.99M-2.21M295.00K

Global Invacom Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
75
Outperform
S$462.15M22.647.94%4.05%-7.63%-33.33%
64
Neutral
S$517.10M12.1215.86%11.40%-8.15%-16.22%
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
55
Neutral
S$65.14M-21.95-7.56%1.98%-6.41%
43
Neutral
S$13.04M-4.57-9.16%-14.46%73.19%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SG:QS9
Global Invacom
0.04
0.02
100.00%
SG:BN2
Valuetronics Holdings
0.99
0.25
33.60%
SG:8AZ
Aztech Global Ltd.
0.61
0.03
5.95%
SG:BDR
Willas-Array Electronics (Holdings) Limited
1.11
0.20
21.98%
SG:K29
Karin Technology Holdings Limited
0.25
-0.02
-5.77%
SG:N01
Nera Telecommunications Ltd
0.18
0.08
89.47%

Global Invacom Corporate Events

Global Invacom Reshapes Board Committees After Director Resignation
Aug 4, 2026
Global Invacom has announced the resignation of Independent Non-Executive Director David Martin Gilmore, effective 4 August 2026, prompting a reconfiguration of its board and key committees. The board expressed appreciation for Gilmore’s con...
Global Invacom Probes Suspected Component Theft at Philippine Plant
Jul 10, 2026
Global Invacom Group Limited has disclosed a suspected theft of group-owned and customer-owned components from a sub-contract manufacturer’s facility in the Philippines, with preliminary estimates putting the loss at about US$0.07 million fo...
Global Invacom Says DISH DBS Chapter 11 Filing Not Expected to Have Material Impact
Jul 2, 2026
Global Invacom Group Limited has moved to reassure investors after reports that DISH DBS Corporation and certain subsidiaries have filed for Chapter 11 protection in the U.S. The company clarified it conducts business with DISH TV rather than the ...
Global Invacom Shareholders Back Board Resolutions and Share-Issue Mandate at AGM
May 22, 2026
Global Invacom held its annual general meeting in Singapore on 28 April 2026, where the board presented the group’s performance for the 2025 financial year, along with updates on sustainability and product development. Shareholders engaged m...
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: Aug 07, 2026