Vast Renewables (VSTE) AI Stock Analysis

• Market Cap: $11.61M
• Dividend Yield: N/A
• Average Volume (3M): 937.79K
• Price to Earnings (P/E): ―
• Beta (1Y): -1.68
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 40
• Sector: Financial
• Sector Strength: 85
• Industry: Solar
• EPS (TTM): -0.59
• Shares Outstanding: 29,973,503
• 10 Day Avg. Volume: 225,265
• 30 Day Avg. Volume: 937,789
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Vast Renewables is struggling with severe financial difficulties, including persistent losses, high leverage, and negative cash flows, posing significant risks. The bearish technical indicators reflect a downward trend, while the negative P/E ratio and absence of a dividend yield make it unattractive from a valuation perspective. The company requires strategic changes to improve its financial and operational standing.

Vast Renewables Business Overview & Revenue Model

Company Description

Vast Renewables Limited, a renewable energy company, develops and sells concentrated solar thermal power (CSP) systems. It's CSP systems are used to generate, store, and dispatch electricity and industrial heat, as well as to enable the production of green fuels. The company was incorporated in 2009 and is based in North Sydney, Australia. Vast Renewables Limited operates as a subsidiary of Agcentral Energy Pty Limited.

How the Company Makes Money

Vast Renewables generates revenue through the sale of electricity produced from its renewable energy facilities. The company enters into long-term power purchase agreements (PPAs) with utility companies, government entities, and large corporations, ensuring a steady stream of income. Additionally, Vast Renewables benefits from government incentives and subsidies aimed at promoting renewable energy adoption. The company also engages in strategic partnerships and joint ventures to expand its energy production capacity and market reach. By investing in cutting-edge technology and optimizing its energy production processes, Vast Renewables maintains competitive pricing and profitability in the renewable energy market.

Vast Renewables Financial Statement Overview

Summary

Vast Renewables is facing significant financial challenges with persistent losses, high leverage, and negative cash flows. Despite some revenue growth, the company's financial instability and liquidity issues necessitate strategic restructuring.

Income Statement

Vast Renewables has shown declining financial performance with negative gross and net profit margins across all periods. The revenue growth from 2023 to 2024 is 27.61%, but the company remains unprofitable with worsening EBIT and EBITDA margins. This indicates significant operational inefficiencies and challenges in achieving profitability.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio due to negative equity, indicating financial instability and high leverage risk. The negative stockholders' equity further reflects financial distress, and the company's ability to manage liabilities is concerning.

Cash Flow

Cash flow analysis shows negative free cash flow, indicating liquidity challenges. The operating cash flow to net income ratio is also negative, reinforcing the company's difficulties in generating cash from operations. The growing financial needs are met by financing activities, increasing reliance on external funding.

Breakdown
Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement		Total Revenue
342.00K	268.00K	163.00K	115.00K
	Gross Profit
-473.00K	-5.50M	-78.00K	-339.00K
	EBIT
-20.30M	-13.58M	-251.36K	-822.00K
	EBITDA
-291.21M	-13.43M	-4.64M	-788.00K
	Net Income Common Stockholders
-293.44M	-15.22M	-248.15K	-2.05M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
11.08M	2.06M	2.51M	3.10M
	Total Assets
15.77M	4.66M	284.03M	4.14M
	Total Debt
13.25M	27.00M	15.72M	15.57M
	Net Debt
2.17M	24.94M	13.22M	12.47M
	Total Liabilities
24.07M	34.07M	11.11M	17.25M
	Stockholders Equity
-8.30M	-29.41M	272.92M	-13.11M
Cash Flow		Free Cash Flow
-40.42M	-9.07M	―	-2.43M
	Operating Cash Flow
-40.31M	-9.04M	―	-2.41M
	Investing Cash Flow
-342.00K	-177.00K	-281.52M	-7.00K
	Financing Cash Flow
49.53M	10.87M	284.03M	711.00K

Vast Renewables Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.39
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For VSTE, the sentiment is Negative. The current price of 0.39 is above the 20-day moving average (MA) of 0.35, below the 50-day MA of 0.44, and below the 200-day MA of 1.27, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 50.26 is Neutral, neither overbought nor oversold. The STOCH value of 83.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for VSTE.

Vast Renewables Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$12.38B	9.57	7.87%	79.17%	12.62%	-4.94%
TURB	54 Neutral	$24.83M	―	-147.73%	―	-52.61%	-987.53%
BEEM	47 Neutral	$26.00M	―	-24.84%	―	-26.75%	40.98%
NOVA	42 Neutral	$28.53M	―	-21.91%	―	16.55%	15.72%
VVPR	38 Underperform	$13.05M	―		―	-51.35%	-103.78%
ASTI	32 Underperform	$2.88M	―	-985.29%	―	-90.86%	99.20%
VSTE	21 Underperform	$11.61M	―		―	―	―