VivoPower International (VVPR) AI Stock Analysis

• Market Cap: $27.37M
• Dividend Yield: N/A
• Average Volume (3M): 600.87K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.14
• 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: 16,790,245
• 10 Day Avg. Volume: 528,893
• 30 Day Avg. Volume: 600,867
• PEG Ratio: 0.02
• Price to Book (P/B): 1.35
• Price to Sales (P/S): 444.03
• P/FCF Ratio: -4.02
• Enterprise Value/Market Cap: 1.44
• Enterprise Value/Revenue: -6.77
• Enterprise Value/Gross Profit: -1.52K
• Enterprise Value/Ebitda: -1.07
• 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: 42 Neutral
• Price Target: $1.50 ▼(-47.55% Downside)

The score is weighed down primarily by very weak financial performance (losses, leverage risk, and negative cash flows). Technicals also remain bearish with the stock trading below all key moving averages, despite oversold signals. Valuation provides limited support due to a negative P/E and no dividend yield data.

Positive Factors

Commercial EV partnership (Tembo)

A structured alliance with an Australian EV consultancy creates a durable route to commercial, government and fleet customers, improving go-to-market distribution and third-party validation for the Tusker. This strengthens long‑term sales channels and supports product adoption ahead of a potential spin‑off.

Flexible equity financing (ATM)

An active ATM facility provides ongoing, non‑obligatory access to equity capital, which materially improves financing flexibility versus one‑off raises. For a company with negative cash flow, this structural tool reduces funding timing risk and supports working capital and execution of multi‑period projects.

Audited annual report and strategic focus

Publishing a audited annual report and articulating a clear digital assets and sustainability strategy signal improved governance and strategic clarity. This supports institutional engagement, reduces reporting risk, and helps align long‑term investments and partnerships around defined growth areas.

Negative Factors

Negative margins and revenue decline

Persistent negative gross and net margins and declining revenues indicate structural profitability problems. Without sustainable margin improvement, the business will struggle to finance expansion internally, erode shareholder value, and remain dependent on external capital to sustain operations over the medium term.

High leverage and equity instability

Elevated leverage and episodes of negative shareholders' equity materially increase financial risk, constrain strategic flexibility, and raise refinancing vulnerability. High debt servicing needs can crowd out R&D and capex, impairing the company’s ability to scale manufacturing or compete in capital‑intensive EV and energy markets.

Negative operating and free cash flow

Ongoing negative operating and free cash flow undermine self‑funding capacity and necessitate recurring external financing. Reliance on equity programs or debt to cover operating deficits increases dilution and interest burden, making long‑term execution and contract fulfillment more uncertain without sustained cash generation.

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

Very weak fundamentals: volatile and declining revenue, persistently negative margins with substantial losses, high leverage with periods of negative equity, and negative operating/free cash flow pointing to liquidity strain.

Income Statement

VivoPower International has experienced significant revenue volatility, with a notable decline in revenue over the past years. The company has consistently reported negative profit margins, indicating ongoing operational challenges. The gross profit margin has been negative in recent years, and the net profit margin is deeply negative, reflecting substantial losses. These factors suggest a struggling income statement with limited profitability.

Balance Sheet

The balance sheet shows a high debt-to-equity ratio, indicating significant leverage, which poses a financial risk. Stockholders' equity has fluctuated, with periods of negative equity, highlighting financial instability. The return on equity is negative, reflecting ongoing losses. Overall, the balance sheet suggests financial strain and high leverage, which could impact future growth.

Cash Flow

Cash flow analysis reveals negative operating cash flow, indicating challenges in generating cash from operations. Free cash flow has also been negative, although there has been some improvement in recent periods. The operating cash flow to net income ratio is negative, suggesting inefficiencies in converting income into cash. These factors highlight cash flow challenges and potential liquidity issues.

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: Positive
• RSI: Positive
• 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 2.27, above the 50-day MA of 2.46, and below the 200-day MA of 4.13, indicating a bearish trend. The MACD of -0.28 indicates Positive momentum. The RSI at 22.53 is Positive, neither overbought nor oversold. The STOCH value of 9.01 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	$93.93M	-3.50	-18.23%	―	37.59%	72.94%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
TURB	54 Neutral	$8.59M	-3.28	-99.17%	―	-5.74%	54.80%
SMXT	47 Neutral	$45.11M	-3.86	―	―	76.60%	70.94%
VVPR	42 Neutral	$27.37M	-0.19	―	―	-51.35%	-103.78%
BEEM	42 Neutral	$28.54M	-0.73	-80.33%	―	-54.56%	-133.60%
MAXN	42 Neutral	$56.27M	-0.02	―	―	-54.68%	63.56%

VivoPower International Corporate Events

VivoPower Ends ATM Equity Program After Cash Flow Review

On February 2, 2026, VivoPower International PLC announced that it has terminated its at-the-market (ATM) equity offering agreement with Chardan Capital Markets, originally signed on December 23, 2025, and confirmed that no further ordinary shares will be issued or sold under this facility. The board’s decision followed a review of operating cash flow, capital requirements, alternative non-dilutive funding options at project or asset level, and prevailing market conditions, with management concluding that projected operating cash flows and other economically non-dilutive funding sources are sufficient, underscoring a strategy of disciplined capital allocation and a preference for avoiding dilutive equity raisings where possible.

The most recent analyst rating on (VVPR) stock is a Sell with a $2.00 price target. To see the full list of analyst forecasts on VivoPower International stock, see the VVPR Stock Forecast page.

VivoPower Shareholders Back Capital and Governance Overhaul at January 30 EGM

On January 30, 2026, VivoPower International PLC reported that shareholders at an extraordinary general meeting overwhelmingly approved all six resolutions proposed, each receiving at least 93% of votes cast. The measures authorize directors to issue ordinary and convertible shares, remove statutory pre-emption rights for certain equity issuances, adopt a dual-class share structure including a new class of convertible preferred shares, raise the share cap under the company’s Omnibus Incentive Plan 2017 from 10% to 15%, and give the board flexibility to adjust director and executive pay to market benchmarks, collectively modernizing VivoPower’s capital structure and incentives to support its growth plans and talent retention.

The most recent analyst rating on (VVPR) stock is a Sell with a $2.00 price target. To see the full list of analyst forecasts on VivoPower International stock, see the VVPR Stock Forecast page.

VivoPower Ends $18 Million At-the-Market Equity Offering Agreement

On January 29, 2026, VivoPower International PLC announced that it has terminated, in accordance with its terms, its at-the-market equity offering agreement dated December 23, 2025 with Chardan Capital Markets, LLC, which had allowed the company to issue ordinary shares with an aggregate sale price of up to $18 million under an effective Form F-3 shelf registration. As a result of this action, the at-the-market facility is no longer available and no further ordinary share sales will occur under that agreement, signaling that this particular avenue for incremental equity issuance has been closed for the company, with potential implications for how VivoPower may structure future capital-raising activities and manage shareholder dilution.

The most recent analyst rating on (VVPR) stock is a Sell with a $2.00 price target. To see the full list of analyst forecasts on VivoPower International stock, see the VVPR Stock Forecast page.

VivoPower’s Tembo Strikes EV Fleet Partnership in US$11bn Australian Utility Market

On January 16, 2026, VivoPower International announced that its electric vehicle subsidiary Tembo e-LV entered a strategic partnership with Australian EV consultancy Help Me Buy an EV to support the commercial rollout of Tembo’s Tusker electric utility vehicle in Australia’s roughly US$11 billion light utility pickup market. The alliance gives Tembo a high-visibility route to business, government and commercial fleet customers via HMBEV’s education, trial and engagement programs, bolstering third‑party validation of the Tusker’s rugged, zero‑emission capabilities and strengthening Tembo’s sales network in a key market as it advances toward a potential spin‑off and public listing with an implied US$838 million valuation.

The most recent analyst rating on (VVPR) stock is a Sell with a $3.00 price target. To see the full list of analyst forecasts on VivoPower International stock, see the VVPR Stock Forecast page.

VivoPower Sets Up $11.4 Million At-the-Market Equity Program With Chardan

On December 23, 2025, VivoPower International PLC entered into an Equity Distribution Agreement with Chardan Capital Markets, allowing the company to sell up to $11.4 million of its $0.12 nominal value ordinary shares from time to time through at-the-market transactions on Nasdaq or other existing trading venues, and, if authorized, via negotiated deals. The arrangement, disclosed in a December 29, 2025 filing, gives VivoPower flexible access to additional equity capital without obligating it to issue shares, while setting a 3% commission for the sales agent and standard termination, indemnification and expense-reimbursement terms, underscoring the company’s continued use of shelf registrations and ATM facilities to support its financing needs and balance sheet.

The most recent analyst rating on (VVPR) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on VivoPower International stock, see the VVPR Stock Forecast page.

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.

The most recent analyst rating on (VVPR) stock is a Sell with a $4.00 price target. To see the full list of analyst forecasts on VivoPower International stock, see the VVPR Stock Forecast page.

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.

The most recent analyst rating on (VVPR) stock is a Sell with a $4.00 price target. To see the full list of analyst forecasts on VivoPower International stock, see the VVPR Stock Forecast page.

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.

The most recent analyst rating on (VVPR) stock is a Sell with a $4.00 price target. To see the full list of analyst forecasts on VivoPower International stock, see the VVPR Stock Forecast page.