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Adslot Ltd (AU:ADS)
:ADS
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Adslot Ltd (ADS) AI Stock Analysis

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AU:ADS

Adslot Ltd

(Sydney:ADS)

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Underperform 37 (OpenAI - 4o)
Rating:37Underperform
Price Target:
The overall stock score is heavily impacted by the company's poor financial performance, characterized by declining revenues, negative profit margins, and negative equity. Additionally, the lack of technical indicators and valuation metrics further limits the ability to assess the stock's potential, resulting in a low overall score.

Adslot Ltd (ADS) vs. iShares MSCI Australia ETF (EWA)

Adslot Ltd Business Overview & Revenue Model

Company DescriptionAdslot Ltd (ADS) is a technology company specializing in digital advertising solutions. The company operates in the advertising sector, primarily focusing on providing a programmatic advertising platform that facilitates the buying and selling of digital ad space. Adslot's core products include its proprietary advertising technology that enables advertisers to efficiently reach their target audiences across various digital channels, including display, video, and mobile advertising.
How the Company Makes MoneyAdslot generates revenue primarily through its programmatic advertising platform by charging advertisers for ad placements and offering subscription-based services to publishers. The company earns money through transaction fees on ad sales, which are often based on a percentage of the ad spend. Additionally, Adslot may enter into partnerships with media agencies and publishers, enhancing its reach and inventory, which can lead to increased revenue opportunities. The combination of technology licensing, service fees, and strategic partnerships are key components of Adslot's revenue model.

Adslot Ltd Financial Statement Overview

Summary
Adslot Ltd exhibits significant financial challenges across all verticals. Declining revenues, persistent losses, and negative margins indicate operational inefficiencies. The balance sheet reveals high leverage with negative equity, highlighting potential solvency issues. Cash flow metrics underscore liquidity challenges, with consistent negative cash flow. Overall, the financial health of the company is precarious, demanding strategic restructuring to avert potential risks.
Income Statement
25
Negative
Adslot Ltd has been experiencing declining revenues and persistent losses over the years. The gross profit margin is negative, indicating that cost of goods sold exceeds revenue, which is a critical issue. The net profit margin is also negative, showing consistent net losses. The EBIT and EBITDA margins are deeply negative, reflecting challenges in covering operational costs. Revenue has declined from 2020 to 2024, indicating poor growth trajectory.
Balance Sheet
30
Negative
The company's balance sheet shows a negative stockholders' equity, highlighting potential insolvency risks. The debt-to-equity ratio is not calculable due to negative equity, but liabilities exceed assets, indicating high leverage. The equity ratio is negative, showing a weak financial position and raising concerns over the company's financial stability. Cash reserves are low relative to liabilities, further stressing liquidity concerns.
Cash Flow
35
Negative
Adslot Ltd is generating negative free cash flow, indicating more cash is being spent than received, with deteriorating cash flow trends. The operating cash flow is consistently negative, suggesting issues with generating cash from operations. Free cash flow to net income ratio reflects poor cash conversion, exacerbating concerns over cash sustainability.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue5.61M5.60M8.44M8.92M8.99M8.22M
Gross Profit-1.57M4.50M-2.73M-3.29M-296.00K-4.37M
EBITDA-3.61M-3.44M-7.75M-8.36M-1.01M-2.42M
Net Income-3.70M-3.70M-10.70M-12.08M-4.65M-6.28M
Balance Sheet
Total Assets6.66M6.66M7.09M15.01M25.20M25.59M
Cash, Cash Equivalents and Short-Term Investments1.53M1.53M3.15M2.87M5.95M6.83M
Total Debt200.05K200.05K608.20K1.67M2.16M1.93M
Total Liabilities9.92M9.92M8.66M9.06M8.57M8.32M
Stockholders Equity-3.26M-3.26M-1.56M5.95M16.64M17.28M
Cash Flow
Free Cash Flow-3.22M-3.22M-3.37M-4.80M-5.80M-3.41M
Operating Cash Flow-3.22M-3.22M-658.89K-1.60M-2.29M-293.19K
Investing Cash Flow645.16K645.16K-2.00M-2.28M-1.62M-1.78M
Financing Cash Flow982.87K982.87K2.95M519.45K2.83M2.97M

Adslot Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
$37.18B12.37-10.20%1.83%8.50%-7.62%
AU$25.17M-3.83-31.01%-3.43%-40.65%
AU$6.23M-684.77%8.64%33.88%
-33.66%75.76%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:ADS
Adslot Ltd
AU:DWG
IXUP Ltd.
0.06
-0.20
-76.92%
AU:ASV
Asset Vision
0.04
0.02
100.00%
AU:AMX
Aerometrex Ltd.
0.27
-0.05
-15.62%
AU:BEO
SkyFii Limited
0.18
-0.13
-41.94%
AU:TAL
HSC Technology Group Ltd.
0.09
-0.01
-10.00%

Adslot Ltd Corporate Events

Adslot Ltd Announces Director’s Interest Change
Oct 22, 2025

Adslot Ltd announced a change in the director’s interest, specifically regarding Andrew Dyer’s indirect holdings in the company. The change involved the acquisition of ordinary shares and options following shareholder approval at the 2025 AGM, reflecting a strategic move to align director interests with company performance. This development could potentially impact the company’s governance and stakeholder confidence, as it demonstrates a commitment to involving key personnel in the company’s growth trajectory.

Adslot Ltd Director Increases Shareholding
Oct 22, 2025

Adslot Ltd has announced a change in the director’s interest, with Sarah Morgan acquiring an additional 9,873,710 ordinary shares under the Director Fees Plan, bringing her total to 126,336,536 shares. This acquisition, approved at the 2024 AGM, reflects the company’s ongoing commitment to aligning director interests with shareholder value, potentially impacting its governance and market perception positively.

Adslot Ltd Director Increases Shareholding Under Fees Plan
Oct 22, 2025

Adslot Ltd has announced a change in the director’s interest, with Mr. Adrian Giles acquiring 8,430,710 fully paid ordinary shares under the Director Fees Plan. This acquisition, approved at the 2024 AGM, reflects the company’s ongoing commitment to aligning director interests with shareholder value, potentially impacting its governance and stakeholder engagement positively.

Adslot Ltd Issues Shares Under Director Fees Plan
Oct 22, 2025

Adslot Ltd has issued over 57 million fully paid ordinary shares to its directors as part of a Director Fees Plan, following approval at the 2024 Annual General Meeting. This move, executed without investor disclosure under specific provisions of the Corporations Act, signifies adherence to regulatory requirements and reflects the company’s ongoing commitment to transparent governance practices.

Adslot Ltd Issues New Securities Under Director Fees Plan
Oct 22, 2025

Adslot Ltd has announced the issuance of 57,263,670 ordinary fully paid securities as part of its Director Fees Plan, an employee incentive scheme for the quarter ending September 30, 2025. This move, approved at the 2024 Annual General Meeting, reflects the company’s ongoing commitment to aligning employee incentives with shareholder interests, potentially impacting its operational dynamics and market positioning.

Adslot Ltd Issues 250 Million Unquoted Options
Oct 21, 2025

Adslot Ltd has announced the issuance of 250 million unquoted options with an exercise price of $0.001, expiring 30 months from the date of issue. This move is part of a previously announced transaction and is not intended to be quoted on the ASX, potentially impacting the company’s capital structure and offering strategic flexibility in its financial operations.

Adslot Ltd Issues 25 Million Shares in Strategic Move
Oct 21, 2025

Adslot Ltd has issued 25 million fully paid ordinary shares at an issue price of $0.001 per share to its executive chairman, Andrew Dyer, as part of a private placement approved at the 2025 Annual General Meeting. This move is part of the company’s strategic financial maneuvers, potentially impacting its market positioning and shareholder value.

Adslot Ltd Announces Quotation of 25 Million Securities on ASX
Oct 21, 2025

Adslot Ltd has announced the application for the quotation of 25 million ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of a transaction previously announced to the market, indicating a strategic step in the company’s financial operations. The issuance of these securities could potentially enhance Adslot’s market presence and provide additional capital for its business endeavors, impacting stakeholders by possibly increasing the liquidity and marketability of its shares.

Adslot Ltd Updates Director’s Securities Holdings
Oct 17, 2025

Adslot Ltd announced a change in the director’s interest, specifically regarding Andrew Dyer, whose indirect interest in securities has been updated. On October 11, 2025, 2,500,000 unlisted options held indirectly through Securities Markets Capital Pty Ltd lapsed, leaving him with 3,200,000 unlisted options exercisable at a different rate. This update reflects a shift in the director’s investment strategy and could impact the company’s governance and investor perceptions.

Adslot Ltd Announces Proposed Issue of 95 Million Unlisted Options
Oct 14, 2025

Adslot Ltd has announced a proposed issue of 95,000,000 unlisted options as part of a placement or other type of issue, with the proposed issue date set for October 15, 2025. This move is part of the company’s strategic financial operations and could potentially impact its market positioning by increasing its capital base, which may influence stakeholder interests and market perceptions.

Adslot Ltd Secures Shareholder Support at 2025 AGM
Oct 10, 2025

Adslot Ltd announced the results of its 2025 Annual General Meeting, where all resolutions were passed with the required majority. This outcome reflects strong shareholder support for the company’s strategic initiatives, including the re-election of directors and approval of various financial instruments, which could enhance Adslot’s market positioning and operational capabilities.

Adslot Ltd’s Transformative Year and Strategic Partnerships Propel Growth
Oct 10, 2025

Adslot Ltd has undergone significant transformation in FY25, achieving major milestones through strategic partnerships with companies like Viber and Goldvertise. These partnerships have positioned Adslot as a leader in self-service advertising. The company has also strengthened its financial position through a capital raise, streamlined operations, and focused on high-potential areas, moving closer to breakeven and laying the groundwork for sustainable growth.

Adslot Ltd Emphasizes Governance Excellence in 2025 Statement
Aug 29, 2025

Adslot Ltd has released its 2025 Corporate Governance Statement, emphasizing its commitment to excellent corporate governance as a means to ensure long-term sustainability and shareholder value. The company follows the ASX Corporate Governance Principles but adapts them to fit its unique circumstances, ensuring transparency and effective management oversight. The statement outlines the roles and responsibilities of the board and management, and highlights the company’s adherence to principles such as conducting checks before appointing directors and maintaining written agreements with executives.

Adslot Ltd Reports Revenue Decline but Reduces Losses
Aug 29, 2025

Adslot Ltd reported a significant decrease in revenue for the financial year ending June 2025, with a 34.08% drop compared to the previous year. Despite this, the company reduced its loss after tax by 65.44%, indicating improved financial management. The strategic focus remains on growing its Trading Technology segment, which saw a 40% decline in revenue, highlighting challenges in this key area. No dividends were proposed for the period, and the company’s net tangible assets per security slightly decreased.

Adslot Ltd Director Increases Stake Under Fees Plan
Aug 19, 2025

Adslot Ltd has announced a change in the interest of its director, Andrew Dyer, who has acquired 38,959,250 ordinary shares under the Director Fees Plan. This acquisition, approved at the 2024 AGM, reflects the company’s ongoing commitment to aligning its leadership’s interests with shareholder value, potentially impacting its market positioning and stakeholder confidence.

Adslot Ltd Faces Contract Termination with REA Group
Aug 18, 2025

Adslot Ltd announced that REA Group Limited intends to terminate its arrangement with Adslot for advertising auction management software by December 2025. Despite this unexpected development, Adslot continues to emphasize its growth in Adslot Media Publisher StoreFront activities and is making progress in expanding its technology for premium publishers across key international markets.

Adslot Ltd Director Increases Shareholding Under Fees Plan
Aug 18, 2025

Adslot Ltd announced a change in the director’s interest, with Mr. Adrian Giles acquiring additional shares under the Director Fees Plan. This acquisition, approved at the 2024 AGM, reflects a strategic move to align director interests with company performance, potentially impacting shareholder confidence and market perception.

Adslot Ltd Secures ASX Waiver for Capital Raising Initiative
Aug 15, 2025

Adslot Ltd announced that it has been granted a waiver from ASX Listing Rule 10.1, allowing it to proceed with a capital raising initiative involving the issuance of convertible notes and shares without requiring shareholder approval. This strategic move aims to provide Adslot with the necessary funding flexibility and efficiency, particularly as the convertible notes can be repaid in cash or converted into shares, thus supporting the company’s financial operations and market positioning.

Adslot Ltd Director Increases Shareholding
Aug 15, 2025

Adslot Ltd has announced a change in the director’s interest in securities, with Sarah Morgan acquiring an additional 9,923,760 ordinary shares under the Director Fees Plan. This acquisition, approved at the 2024 AGM, increases her total holdings to 116,462,826 shares, reflecting the company’s ongoing commitment to align director incentives with shareholder interests.

Adslot Ltd Issues Shares Under Director Fees Plan
Aug 13, 2025

Adslot Ltd has announced the issuance of 57,363,770 fully paid ordinary shares to its directors as part of the Director Fees Plan, following approval at the 2024 Annual General Meeting. This move is part of the company’s ongoing compliance with the Corporations Act 2001, ensuring transparency and adherence to regulatory standards, which may impact its governance and stakeholder relations positively.

Adslot Ltd Issues New Securities Under Director Fees Plan
Aug 13, 2025

Adslot Ltd has announced the issuance of 57,363,770 ordinary fully paid securities as part of its Director Fees Plan, an employee incentive scheme for the quarter ended June 30, 2025. This move, approved by shareholders at the 2024 Annual General Meeting, highlights the company’s ongoing efforts to align employee incentives with shareholder interests, potentially impacting its operational dynamics and market positioning.

Adslot Ltd Extends Executive Chairman’s Term
Aug 13, 2025

Adslot Ltd has announced the extension of Mr. Dyer’s term as Executive Chairman until December 31, 2025. This decision reflects the company’s confidence in Mr. Dyer’s leadership and is expected to provide stability and continuity in its strategic direction, potentially impacting its market positioning positively.

Adslot Ltd Announces Cessation of Securities
Aug 12, 2025

Adslot Ltd announced the cessation of 6,000,000 securities due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This development may impact the company’s capital structure and could have implications for its financial strategy and stakeholder interests.

Adslot Ltd Issues Secured Convertible Notes
Aug 11, 2025

Adslot Ltd announced the issuance of 739 secured convertible notes, which are unquoted securities, as part of a previously disclosed transaction. This move is expected to impact the company’s financial structure and could influence its market positioning by potentially increasing its capital resources.

Adslot Ltd Issues 225 Million Shares in Private Placement
Aug 11, 2025

Adslot Ltd announced the issuance of 225,000,000 fully paid ordinary shares at $0.001 each to sophisticated or professional investors through a private placement. This move, utilizing the company’s placement capacity under Listing Rule 7.1A, aims to strengthen its financial position and support its strategic initiatives. The company confirmed compliance with relevant provisions of the Corporations Act and stated there is no excluded information required to be disclosed, indicating transparency and adherence to regulatory standards.

Adslot Ltd Announces Quotation of 225 Million Securities
Aug 11, 2025

Adslot Ltd has announced the quotation of 225,000,000 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of August 8, 2025. This move is part of previously announced transactions and could potentially enhance the company’s market presence and liquidity, benefiting stakeholders by increasing the available shares for trading.

Adslot Ltd Announces Proposed Issue of 250 Million Securities
Aug 7, 2025

Adslot Ltd announced a proposed issue of 250 million new securities, including options with an exercise price of $0.001 per option, expiring in 30 months. This strategic move aims to raise capital, potentially impacting the company’s market position by enhancing its financial resources and operational capabilities.

Adslot Ltd Announces Capital Raise via Convertible Notes and Shares
Aug 7, 2025

Adslot Ltd has announced a capital raise of $989,000 through the issuance of secured Convertible Notes and Shares, with the aim of increasing its cash reserves by $739,000. This move is expected to strengthen the company’s financial position and potentially enhance its market operations, although it requires shareholder approval for the issuance of Attaching Options and a waiver from ASX for certain security interests.

Adslot Ltd Announces Proposed Securities Issue to Boost Capital
Aug 7, 2025

Adslot Ltd has announced a proposed issue of securities, which includes secured convertible notes and options with an exercise price of $0.001, expiring 30 months from the date of issue. This strategic move is aimed at raising capital, potentially enhancing the company’s financial flexibility and supporting its growth initiatives in the competitive digital advertising market.

Adslot Ltd Initiates Trading Halt for Equity Raise
Aug 5, 2025

Adslot Ltd has requested a trading halt on its securities to finalize and execute an equity raise through a placement. This move is intended to support the company’s operations and strategic initiatives, potentially impacting its market positioning and stakeholder interests. The trading halt is expected to remain until an announcement is made regarding the transaction or until normal trading resumes on 7 August 2025.

Adslot Ltd Announces Cessation of Incentive Options
Jul 31, 2025

Adslot Ltd announced the cessation of 12,750,000 incentive options due to the lapse of conditional rights, as the conditions for these securities were not met or became incapable of being satisfied. This development may impact the company’s capital structure and could have implications for stakeholders, as it reflects on the company’s operational adjustments and strategic focus in managing its securities.

Adslot Ltd Expands Digital Advertising Platform Amidst Financial Improvements
Jul 25, 2025

Adslot Ltd reported significant developments in its StoreFront business unit, with the activation of digital advertising sales platforms for major clients like Rakuten Viber and Goldvertise. The company is expanding its market reach with new launches in several countries and partnerships with prominent media organizations. Financially, Adslot recorded a Total Transaction Value of $148.9 million for FY25, with a Monetised Transaction Value of $26.5 million. Despite a decrease in cash receipts from customers in the June quarter, the company achieved substantial cost savings, leading to improved cash flow management.

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: Oct 19, 2025