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Archer Materials (AXE) AI Stock Analysis
Archer Materials
(ASX:AXE)
Archer Materials scores at the low end of the range, driven primarily by weak financial performance: revenue has fallen to zero, losses persist in the millions, and cash burn of roughly A$5.3m a year against about A$10.8m of equity leaves only around two years of runway, making a dilutive capital raise a realistic risk. The debt-free balance sheet is the sole meaningful financial strength. Technicals compound the concern, with the price below all major moving averages and negative MACD signalling a sustained downtrend, though deeply oversold RSI and Stochastic readings hint at potential for a near-term bounce. Valuation provides no cushion given negative earnings and no dividend. This is a high-risk, milestone-driven story stock where the investment case depends entirely on future technology commercialisation rather than current fundamentals.
Archer Materials (AXE) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 31.71M
- Dividend Yield
- ―
- Average Volume (3M)
- 369.21K
- Price to Earnings (P/E)
- -6.8
- Beta (1Y)
- 1.22
- Revenue Growth
- ―
- EPS Growth
- 8.76%
- Country
- Australia
- Employees
- 8
- Sector
- Technology
- Sector Strength
- 61
- Industry
- Semiconductors
Archer Materials Business Overview & Revenue Model
Company Description
Archer Materials Limited is an Australian technology company dedicated to the advancement and commercialization of semiconductor devices and sophisticated processor chips. Its work primarily targets applications in quantum computing and medical diagn...
Archer Materials Financial Statement Overview
Summary
Archer Materials is a pre-commercial deep-tech company with no current earnings power. Revenue fell to zero in FY2026 from A$2.06m, producing an operating loss of about A$9.2m and a net loss near A$6.4m, while return on equity has been negative every year. Cash burn is accelerating, with operating and free cash outflows of roughly A$5.3m in FY2026, an 18% deterioration year-over-year. The one clear strength is a debt-free, fully equity-funded balance sheet with minimal capital intensity and clean accounting where cash losses track reported losses. However, shareholders' equity has shrunk more than 60% since FY2022 to about A$10.8m, implying roughly two years of runway and a realistic risk of a dilutive capital raise.
Income Statement
8Very NegativeBalance Sheet
48NeutralCash Flow
12Very Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 2.06M | 2.14M | 1.50M | 973.00K |
| Gross Profit | -101.15K | -101.15K | 2.06M | 2.14M | -53.74K | 922.59K |
| EBITDA | -9.05M | -9.05M | -6.94M | -5.11M | -8.66M | -14.97M |
| Net Income | -6.36M | -6.36M | -6.97M | -4.80M | -9.05M | -14.12M |
Balance Sheet | ||||||
| Total Assets | 11.87M | 11.87M | 17.47M | 22.89M | 27.21M | 30.17M |
| Cash, Cash Equivalents and Short-Term Investments | 8.44M | 8.44M | 13.82M | 18.78M | 24.19M | 28.17M |
| Total Debt | 0 | 0 | 14.97K | 109.31K | 9,097 | 19.75K |
| Total Liabilities | 1.11M | 1.11M | 752.16K | 1.09M | 1.21M | 746.23K |
| Stockholders Equity | 10.76M | 10.76M | 16.72M | 21.80M | 26.00M | 29.42M |
Cash Flow | ||||||
| Free Cash Flow | -5.29M | -5.29M | -4.19M | -4.99M | -3.21M | -4.44M |
| Operating Cash Flow | -5.25M | -5.25M | -4.19M | -4.79M | -3.03M | -4.30M |
| Investing Cash Flow | 4.45M | 4.45M | 4.11M | 6.98M | 2.31M | -94.83K |
| Financing Cash Flow | -15.45K | -15.45K | -96.30K | -115.82K | 64.90K | 24.62M |
Archer Materials Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:AXE, the sentiment is Negative. The current price of 0.16 is below the 20-day moving average (MA) of 0.17, below the 50-day MA of 0.18, and below the 200-day MA of 0.28, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 39.78 is Neutral, neither overbought nor oversold. The STOCH value of 8.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:AXE.
Archer Materials Peers Comparison
Overall Rating
AU:SLX48Neutral
AU:BRN44Neutral
AU:WBT44Neutral
AU:4DS41Neutral
AU:BLG40Underperform- AU:AXE39Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
| AU:SLX | 48Neutral | AUD 841.94M | -21.02 | -18.45% | ― | 88.62% | 21.15% |
| AU:BRN | 44Neutral | AUD 225.42M | -6.86 | -91.74% | ― | 48.88% | 10.59% |
| AU:WBT | 44Neutral | AUD 525.20M | -8.50 | -49.37% | ― | 246.45% | -30.38% |
| AU:4DS | 41Neutral | AUD 16.66M | -7.76 | -21.82% | ― | ― | 84.62% |
| AU:BLG | 40Underperform | AUD 32.80M | -2.30 | -96.35% | ― | -25.51% | 36.03% |
| AU:AXE | 39Underperform | AUD 45.49M | -6.83 | -51.46% | ― | ― | 8.76% |
* Technology Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:AXE | Archer Materials Limited | 0.16 | -0.22 | -57.89% | |
| AU:BRN | Brainchip Holdings Ltd. | 0.10 | -0.09 | -46.15% | |
| AU:BLG | Bluglass Ltd | 0.17 | -0.05 | -22.73% | |
| AU:4DS | 4DS Memory Ltd. | 0.01 | 0.00 | 0.00% | |
| AU:SLX | Silex Systems Limited | 3.20 | -5.48 | -63.13% | |
| AU:WBT | Weebit Nano Ltd. | 2.34 | -1.63 | -41.06% |
Archer Materials Corporate Events
Archer appoints David Vander to lead quantum commercialisation
Archer Materials appointed David Vander as its inaugural Quantum Business Executive, a newly created role covering quantum commercialisation and quantum hardware development. Vander brings senior leadership experience from Microsoft, Salesforce and t...
Archer Materials Deepens IonQ Partnership and Advances Quantum and Biochip Programs in Q1 FY27
Archer Materials reported Q1 FY27 activity marked by deeper ties with IonQ and progress across its quantum and biosensor programs. Management highlighted meaningful commercial momentum as the company transitioned from strategic agreement to operation...
Archer Materials Updates Share Registry Address for Computershare
Archer Materials has announced a change to the registry address of its share registry provider, Computershare Investor Services, effective 30 October 2026, with telephone contact details remaining unchanged. From that date, lodgement of documentation...
Archer Materials Sets 2026 AGM, Urges Shareholder Participation
Archer Materials Limited has scheduled its 2026 Annual General Meeting for 20 November 2026 at the Stone & Chalk Sydney Scaleup Hub in Haymarket, Sydney. The company is urging shareholders to carefully review the meeting notice and to participate...
Archer Materials Issues New Tranche of Long-Dated Unquoted Options
Archer Materials Limited has notified the market of the issue of 2,733,255 unquoted options, exercisable at $0.35 and expiring on June 30, 2029. The options, designated under ASX security code AXEAH, were issued on October 19, 2026, as part of previo...
Archer Materials Issues New Unquoted Performance Rights Under Incentive Scheme
Archer Materials Limited has notified the market of the issue of 958,712 unquoted performance rights under its employee incentive scheme, effective 21 September 2026. The new performance rights, which are not intended to be quoted on ASX, signal ongo...
Archer Materials Sets 2026 AGM Date and Director Nomination Deadline
Archer Materials has scheduled its 2026 Annual General Meeting for 20 November 2026, with full agenda details to be provided to shareholders in a forthcoming Notice of Meeting and on the company’s website. A key item of business will be the re-...
Archer Materials launches national quantum pilot with IonQ to build Australian customer pipeline
Archer Materials has launched a national Quantum Commercial Pilot that allows Australian organisations to test complex, commercially significant computational problems on IonQ’s Forte Enterprise quantum hardware. The program targets challenges...
Archer Materials Issues New Shares Under Director Placement
Archer Materials has issued 518,521 fully paid ordinary shares under a previously announced Director Placement, expanding its share capital as part of its ongoing corporate funding activities. The company confirmed that the issuance was conducted wit...
Archer Materials Updates Director Greg English’s Equity Interests After Approved Placement
Archer Materials has disclosed changes in director Gregory David English’s relevant interests in the company’s securities, reflecting updates to his indirect holdings through GDE Exploration (SA) Pty Ltd as trustee entities. The notice de...
Archer Materials Seeks ASX Quotation for Additional Shares
Archer Materials Limited has applied to the ASX for quotation of 518,521 additional ordinary fully paid shares, expanding the number of AXE securities available for trading. The new shares were issued on 4 September 2026 and form part of previously a...
Archer Materials Issues 31.5 Million Unquoted Options
Archer Materials Limited is an Australian-listed company focused on advanced materials and related technology development. The company’s securities trade under the ASX code AXE, and it uses a mix of quoted and unquoted equity instruments as par...
Archer Materials Launches Prospectus for Attaching Options Under Share Purchase Plan
Archer Materials has issued a prospectus dated 4 September 2026 for an offer of one attaching option for every share issued to participants under its share purchase plan, with the options offered for nil consideration and characterised as a speculati...
Archer Materials Publishes 2026 Corporate Governance Statement
Archer Materials has released its 2026 Corporate Governance Statement and accompanying Appendix 4G, outlining how the company meets ASX corporate governance requirements for the year ended 30 June 2026. The board highlights that its governance framew...
Archer Materials Narrows Annual Loss but Net Tangible Assets Slide
Archer Materials reported a net loss of $6.36 million for the year ended 30 June 2026, narrowing from a $6.97 million loss a year earlier, with no dividends declared or paid. The result reflects higher direct expenditure on quantum and biochip techno...
Archer Materials Shareholders Back Equity Resolutions at General Meeting
Archer Materials Limited has reported that all resolutions put to shareholders at its 18 August 2026 general meeting were passed by poll. The meeting outcomes included strong approval rates across multiple items, reinforcing shareholder support for t...
Archer Materials Advances Potassium Biosensor With Early Blood Collection Study
Archer Materials has completed an early-stage blood collection study involving 20 donors to support development of its potassium biosensor, identifying a capillary finger-prick method that produced haemolysis levels broadly comparable with standard v...
Archer Materials Raises Capital to Advance Quantum Technology Initiatives
Archer Materials has completed a share purchase plan that raised approximately A$953,000, following a prior A$7 million placement to institutional and sophisticated investors. The new capital will support the implementation of Archer’s strategi...
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