VivoPower International (VVPR) AI Stock Analysis

• Market Cap: $31.57M
• Dividend Yield: N/A
• Average Volume (3M): 600.87K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.23
• Revenue Growth: -51.35%
• EPS Growth: -103.78%
• Country: US
• Employees: 92
• Sector: Technology
• Sector Strength: 88
• Industry: Solar
• EPS (TTM): N/A
• Shares Outstanding: 12,527,212
• 10 Day Avg. Volume: 528,893
• 30 Day Avg. Volume: 600,867
• PEG Ratio: 0.00
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.21
• Enterprise Value/Revenue: -6.53
• Enterprise Value/Gross Profit: -1.46K
• Enterprise Value/Ebitda: -1.03
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 41 Neutral
• Price Target: $2.50 ▼(-12.59% Downside)

VivoPower International's overall stock score is heavily impacted by its poor financial performance, characterized by significant revenue declines, high leverage, and cash flow difficulties. The technical analysis indicates a bearish trend, further weighing down the score. The negative P/E ratio and lack of dividend yield highlight valuation concerns. These factors collectively suggest a high-risk investment with limited upside potential without significant strategic improvements.

Positive Factors

Strategic Partnerships

The joint venture with Lean Ventures allows VivoPower to expand its market reach and diversify revenue streams, enhancing long-term growth potential without significant capital investment.

Market Expansion

The agreement with Associated Vehicle Assemblers to distribute electric vehicles in East Africa strengthens VivoPower's market position and supports regional sustainable mobility initiatives.

Digital Asset Strategy

Focusing on digital assets aligns with industry trends and positions VivoPower for future growth in the evolving digital economy, potentially increasing its competitive advantage.

Negative Factors

Revenue Decline

Significant revenue decline indicates challenges in maintaining market share and operational efficiency, which can hinder long-term financial stability and growth prospects.

High Leverage

High leverage poses financial risks, limiting flexibility in capital allocation and potentially impacting the company's ability to invest in growth opportunities.

Cash Flow Challenges

Negative cash flow from operations suggests inefficiencies in cash generation, which can strain liquidity and hinder the company's ability to fund operations and strategic initiatives.

VivoPower International Business Overview & Revenue Model

Company Description

VivoPower International (VVPR) is a sustainable energy solutions company focused on providing innovative products and services in the electric vehicle (EV) and renewable energy sectors. The company specializes in the development, manufacturing, and distribution of electric vehicles, including commercial fleet solutions, as well as energy services that support the transition to clean energy. VivoPower's core offerings encompass electric vehicle production, battery storage solutions, and solar energy projects, aimed at enhancing sustainability for businesses and communities.

How the Company Makes Money

VivoPower generates revenue through multiple streams, primarily from the sale of electric vehicles and related components, including battery systems and charging infrastructure. The company also earns income from energy services, such as solar power installations and maintenance contracts. Additionally, strategic partnerships with other companies in the renewable energy and automotive sectors enhance its market reach and operational capabilities, contributing to revenue growth. Contracts with commercial clients for fleet electrification and energy efficiency solutions provide a consistent revenue base, while ongoing investments in research and development help expand its product offerings and market presence.

VivoPower International Financial Statement Overview

Summary

VivoPower International faces severe financial challenges. The income statement shows declining revenues and persistent net losses. The balance sheet indicates high financial leverage with negative equity, and cash flow issues persist despite some improvements in operating cash flow. These factors highlight substantial financial instability and liquidity risks.

Income Statement

VivoPower International's income statement reveals significant challenges. The company has faced declining revenues from 2020 to 2024, with a dramatic drop in 2024 to just 16,000. Gross profit margin is negative, indicating higher costs relative to revenue. Net profit margins are also negative, reflecting consistent net losses, particularly in 2024. Overall, the income statement suggests severe profitability issues and a declining revenue trajectory, which are major concerns.

Balance Sheet

The balance sheet of VivoPower International shows a concerning financial position. The debt-to-equity ratio is problematic due to negative stockholders' equity in 2024, reflecting high financial leverage and risk. Return on equity is not calculable due to negative equity, and the equity ratio is also negative. These indicators highlight financial instability and potential liquidity risks for the company.

Cash Flow

Cash flow analysis indicates some improvement in operating cash flow in 2024, yet free cash flow remains negative, suggesting ongoing challenges in generating sufficient cash from operations. The operating cash flow to net income ratio is positive, but free cash flow to net income is negative, pointing towards continued cash deficits. The cash flow situation remains a critical area for improvement.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	-5.83M	61.00K	16.00K	4.05M	22.45M	23.98M
Gross Profit	-26.00K	-506.00K	43.00K	-2.22M	259.00K	4.36M
EBITDA	-37.01M	-9.11M	-37.68M	-13.87M	-12.25M	-3.98M
Net Income	-43.35M	-12.79M	-46.70M	-20.10M	-22.05M	-7.57M
Balance Sheet
Total Assets	31.87M	97.13M	37.43M	61.40M	69.66M	76.51M
Cash, Cash Equivalents and Short-Term Investments	26.00K	251.00K	199.00K	553.00K	1.28M	8.60M
Total Debt	28.99M	29.19M	29.09M	32.40M	28.56M	23.09M
Total Liabilities	69.78M	77.02M	77.97M	57.70M	47.69M	36.09M
Stockholders Equity	-37.92M	20.10M	-40.54M	3.75M	21.97M	40.42M
Cash Flow
Free Cash Flow	-6.85M	-6.73M	-3.10M	-13.44M	-10.55M	-16.31M
Operating Cash Flow	-6.09M	-5.75M	1.49M	-8.55M	-5.13M	-15.38M
Investing Cash Flow	-764.00K	-3.23M	-4.57M	-1.92M	-5.34M	-2.68M
Financing Cash Flow	6.61M	8.84M	2.72M	6.69M	3.56M	23.54M

VivoPower International Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.86
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For VVPR, the sentiment is Negative. The current price of 2.86 is above the 20-day moving average (MA) of 2.64, below the 50-day MA of 3.23, and below the 200-day MA of 4.16, indicating a bearish trend. The MACD of -0.14 indicates Negative momentum. The RSI at 41.80 is Neutral, neither overbought nor oversold. The STOCH value of 17.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for VVPR.

VivoPower International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SPRU	62 Neutral	$93.21M	-3.76	-18.23%	―	37.59%	72.94%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
TURB	54 Neutral	$11.13M	-5.56	-99.17%	―	-5.74%	54.80%
VVPR	41 Neutral	$31.57M	-0.37	―	―	-51.35%	-103.78%
BEEM	40 Neutral	$33.11M	-0.88	-80.33%	―	-54.56%	-133.60%
SMXT	40 Underperform	$42.77M	-3.76	―	―	76.60%	70.94%
MAXN	39 Underperform	$55.93M	-0.02	―	―	-54.68%	63.56%

VivoPower International Corporate Events

VivoPower Approves Key Resolutions at Annual General Meeting

On December 15, 2025, VivoPower International PLC held its annual general meeting where shareholders approved five ordinary resolutions, including the re-election of Kevin Chin as a director for an additional three years. The meeting was adjourned before addressing further resolutions related to share capital and other corporate governance matters, indicating a strategic pause in decision-making on these issues.

VivoPower Announces Key Resolutions for Upcoming AGM

On November 21, 2025, VivoPower International PLC announced it will hold its Annual General Meeting on December 15, 2025, in London and online. Key resolutions include the adoption of a dual-class share structure, re-appointment of auditors, and approval of an increase in the cap for the Omnibus Incentive Plan 2017. These decisions could significantly impact VivoPower’s governance and operational strategies, potentially affecting shareholder value and market positioning.

VivoPower Files Annual Report, Emphasizes Digital Asset Strategy

On November 6, 2025, VivoPower International PLC announced the filing of its Annual Report for the fiscal year ending June 30, 2025, audited by WithumSmith+Brown, PC. The engagement of Withum aligns with VivoPower’s strategic focus on digital assets and sustainability, reflecting the company’s growth strategy. There were no disagreements with the former auditor, and all relevant disclosures have been incorporated into the amended report.