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Aquirian Limited (AQN) AI Stock Analysis
Aquirian Limited
(ASX:AQN)
The score is primarily constrained by weak and volatile cash generation (negative operating cash flow and sharply negative free cash flow in FY2026) and mixed balance-sheet leverage despite improved equity. Offsetting this, the latest period shows an earnings rebound and continued revenue growth, while technicals point to mild positive momentum. Valuation is a secondary drag due to the negative P/E and lack of dividend yield data.
Aquirian Limited (AQN) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 41.56M
- Dividend Yield
- ―
- Average Volume (3M)
- 105.29K
- Price to Earnings (P/E)
- 27.5
- Beta (1Y)
- 0.82
- Revenue Growth
- 20.40%
- EPS Growth
- ―
- Country
- Australia
- Employees
- 3
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Specialty Business Services
Aquirian Limited Business Overview & Revenue Model
Company Description
Aquirian Limited engages in manufacture and supply of energetics, development of technology and innovative products, provision of equipment, onsite field services, workforce and training solutions to the mining and resources industry in Australia. Th...
Aquirian Limited Financial Statement Overview
Summary
Revenue growth has been solid and FY2026 returned to positive operating profit and net income, but profitability has been uneven with losses in FY2024–FY2025. Balance sheet quality is mixed: equity increased sharply in FY2026, yet leverage remains meaningful with total debt still high. Cash flow is the key weakness, with slightly negative operating cash flow and deeply negative free cash flow in FY2026, indicating constrained financial flexibility.
Income Statement
64PositiveBalance Sheet
56NeutralCash Flow
38Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 31.31M | 31.31M | 26.01M | 23.07M | 26.16M | 17.43M |
| Gross Profit | 4.80M | 4.85M | 4.50M | 13.10M | 15.62M | 9.97M |
| EBITDA | 3.95M | 3.95M | 325.64K | 2.57M | 3.59M | 2.75M |
| Net Income | 1.39M | 1.39M | -3.41M | -649.00K | 546.82K | 558.15K |
Balance Sheet | ||||||
| Total Assets | 45.16M | 45.16M | 34.54M | 33.38M | 25.72M | 22.97M |
| Cash, Cash Equivalents and Short-Term Investments | 11.59M | 11.59M | 6.85M | 4.73M | 3.32M | 7.99M |
| Total Debt | 14.86M | 14.86M | 15.10M | 16.07M | 9.30M | 7.07M |
| Total Liabilities | 21.02M | 21.02M | 21.75M | 22.12M | 13.73M | 11.92M |
| Stockholders Equity | 24.14M | 24.14M | 12.79M | 11.27M | 11.99M | 11.05M |
Cash Flow | ||||||
| Free Cash Flow | -4.90M | -4.90M | -1.68M | 3.06M | -4.98M | -1.33M |
| Operating Cash Flow | -10.11K | -10.11K | 1.16M | 6.79M | 793.75K | 2.10M |
| Investing Cash Flow | -4.59M | -4.59M | -2.46M | -2.27M | -5.65M | -6.07M |
| Financing Cash Flow | 9.34M | 9.34M | 3.41M | -3.12M | 184.28K | 10.28M |
Aquirian Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:AQN, the sentiment is Neutral. The current price of 0.36 is below the 20-day moving average (MA) of 0.37, below the 50-day MA of 0.39, and below the 200-day MA of 0.41, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 44.99 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:AQN.
Aquirian Limited Peers Comparison
Overall Rating
AU:IPH70Outperform
AU:IMB69Neutral
AU:IGL60Neutral- AU:AQN52Neutral
AU:SPN37Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| AU:IPH | 70Outperform | AUD 992.89M | 12.52 | 12.36% | 9.92% | 0.59% | 19.69% |
| AU:IMB | 69Neutral | AUD 225.54M | 300.00 | 1.95% | ― | 16.46% | ― |
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| AU:IGL | 60Neutral | AUD 348.03M | 9.24 | 17.00% | 8.15% | -1.82% | -19.36% |
| AU:AQN | 52Neutral | AUD 45.33M | 27.48 | 6.92% | ― | 20.40% | ― |
| AU:SPN | 37Underperform | AUD 19.25M | -6.46 | -113.85% | ― | ― | -0.43% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:AQN | Aquirian Limited | 0.36 | -0.11 | -24.21% | |
| AU:IMB | Intelligent Monitoring Group Limited | 0.54 | -0.10 | -15.62% | |
| AU:SPN | Sparc Technologies Ltd | 0.15 | 0.01 | 7.14% | |
| AU:IGL | IVE Group Ltd. | 2.27 | -0.40 | -15.11% | |
| AU:IPH | IPH Ltd. | 3.88 | 0.46 | 13.45% |
Aquirian Limited Corporate Events
Aquirian mobilises for $48m Lord Byron contract and launches initial grade control program
Aquirian Limited has begun mobilising to Brightstar Resources’ Lord Byron gold operations in Western Australia, activating a three-year contract worth about $48 million under Brightstar’s Strategic Framework Agreement for its Goldfields H...
Aquirian Secures Strong Shareholder Backing at 2026 AGM
Aquirian Limited reported that all resolutions presented at its 2026 Annual General Meeting were passed by poll without amendment, reflecting strong shareholder support for the board and management. Key items approved included the remuneration report...
Aquirian Secures $25m NAB Facility to Drive Fleet Growth and Cut Debt
Aquirian Limited has secured a major increase to its equipment funding capacity with National Australia Bank, with its Master Asset Finance arrangements lifted from $7.75 million to $25 million. The expanded facility is intended to support additional...
Aquirian primes FY27 growth with Brightstar drilling contract and Wubin energetics upgrade
Aquirian has opened FY27 by advancing operational readiness across its integrated mining services portfolio, with Drillforce gearing up for mobilisation in October to Brightstar Resources’ Lord Byron gold project under a three-year, approximate...
Aquirian Sets October 2026 Date for Annual General Meeting
Aquirian Limited has called its Annual General Meeting for 23 October 2026 at its Perth offices, inviting shareholders to attend or participate via submitted votes. The company has posted the Notice of Meeting and related documents on its website and...
Aquirian Sets October Date for AGM and Director Nomination Deadline
Aquirian Limited has announced plans to hold its Annual General Meeting on 23 October 2026, in line with its constitution and ASX listing requirements. The company has set 15 September 2026 as the deadline for written nominations from individuals see...
Aquirian formalises 2026 governance framework under ASX principles
Aquirian Limited has reaffirmed its commitment to robust corporate governance by formalising and publishing its adherence to the ASX Corporate Governance Council’s 4th Edition Principles and Recommendations. The company’s governance frame...
Aquirian Returns to Profit on Drillforce Growth and Balance Sheet Strength
Aquirian reported a strong FY26 turnaround, with revenue and other income rising 22.8% to $32.0 million and EBITDA almost tripling to $4.6 million. The company swung from a $3.4 million loss to a $1.4 million profit, boosted by demand in mining servi...
Aquirian posts strong 2026 earnings but withholds dividend
Aquirian Limited has released its audited annual financial report for the year ended 30 June 2026, confirming a strong improvement across key metrics. The company reported a 20.4% rise in revenue to $31.3 million and a 194% surge in EBITDA to $4.65 m...
Aquirian director Bruce McFadzean lifts stake via shareholder-approved placement
Aquirian Limited has disclosed a change in director Bruce McFadzean’s interests in the company, following his participation in a director placement previously approved by shareholders at a general meeting. McFadzean acquired 50,000 fully paid o...
Aquirian Issues Cleansing Notice for New Securities While Highlighting Mining Services Focus
Aquirian Limited, an ASX-listed mining services provider, delivers cutting-edge drill and blast solutions through its Energetics, Technology, and People units, targeting improved production efficiency and environmental outcomes in the global mining s...
Aquirian Seeks ASX Quotation for Additional 100,000 Shares
Aquirian Limited has applied for quotation on the ASX of 100,000 ordinary fully paid shares, with an issue date of 11 August 2026. The securities form part of previously announced transactions, indicating a routine step in bringing additional issued...
Aquirian Issues 1m Unlisted Options in Two New Classes
Aquirian Limited, an ASX-listed company trading under the ticker AQN, participates in the public equity markets and employs structured capital instruments, including unlisted options, to support its corporate and financial strategies. The firm’...
Aquirian Issues New Unquoted Performance Rights Under Employee Incentive Plan
Aquirian Limited has notified the market of the issue of 196,337 unquoted performance rights under its employee incentive scheme, effective 11 August 2026. The new performance rights, which are not intended to be quoted on the ASX, form part of the c...
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 28, 2026