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Blackwall Limited (BWF) AI Stock Analysis
Blackwall Limited
(ASX:BWF)
The overall score is very low, driven primarily by a severe operational crisis. The company is deeply unprofitable with collapsing revenues and negative cash flow, which overshadows a still-healthy, debt-free balance sheet. The stock is in a persistent downtrend across all major moving averages, and the high dividend yield is a red flag given the lack of earnings to support it. The company's viability hinges entirely on a rapid operational turnaround that is not yet evident.
Blackwall Limited (BWF) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 15.42M
- Dividend Yield
- ―
- Average Volume (3M)
- 74.65K
- Price to Earnings (P/E)
- -6.6
- Beta (1Y)
- 1.40
- Revenue Growth
- -40.66%
- EPS Growth
- 82.75%
- Country
- Australia
- Employees
- 2
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Asset Management
Blackwall Limited Business Overview & Revenue Model
Company Description
BlackWall Limited, previously known as BlackWall Property Funds Limited, is an Australian company operating a comprehensive, vertically integrated property funds management business. It is responsible for the management, development, and financing of...
Blackwall Limited Financial Statement Overview
Summary
Financial performance is critically weak. The income statement shows a severe revenue collapse and deep net losses, while cash flows have turned negative, indicating an unsustainable operational burn. The only support comes from a strong, debt-free balance sheet, but it is being steadily eroded by losses.
Income Statement
18Very NegativeBalance Sheet
72PositiveCash Flow
25Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 543.00K | 543.00K | 1.45M | 1.45M | 1.54M | 6.36M |
| Gross Profit | 129.00K | 129.00K | 255.00K | 711.00K | 5.50M | 5.15M |
| EBITDA | -2.06M | -2.06M | 255.00K | -3.27M | -36.00K | 2.08M |
| Net Income | -2.35M | -2.35M | -13.27M | 4.66M | -1.01M | 1.65M |
Balance Sheet | ||||||
| Total Assets | 34.18M | 34.18M | 50.14M | 72.94M | 26.96M | 27.53M |
| Cash, Cash Equivalents and Short-Term Investments | 346.00K | 346.00K | 24.00K | 1.41M | 5.79M | 1.17M |
| Total Debt | 0 | 0 | 0 | 0 | 5.33M | 466.00K |
| Total Liabilities | 1.49M | 1.49M | 1.33M | 2.87M | 8.71M | 4.97M |
| Stockholders Equity | 32.69M | 32.69M | 48.71M | 70.07M | 18.26M | 22.56M |
Cash Flow | ||||||
| Free Cash Flow | -109.00K | -109.00K | -995.00K | 1.74M | 2.13M | 1.10M |
| Operating Cash Flow | -109.00K | -109.00K | -995.00K | 1.74M | 2.20M | 1.13M |
| Investing Cash Flow | 1.60M | 1.60M | 1.51M | -3.49M | 867.00K | -801.00K |
| Financing Cash Flow | -1.17M | -1.17M | -1.90M | -2.63M | 1.56M | -2.29M |
Blackwall Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BWF, the sentiment is Negative. The current price of 0.09 is below the 20-day moving average (MA) of 0.10, below the 50-day MA of 0.10, and below the 200-day MA of 0.14, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 45.40 is Neutral, neither overbought nor oversold. The STOCH value of -1.39 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:BWF.
Blackwall Limited Peers Comparison
Overall Rating
AU:NGE72Outperform
AU:LCE70Outperform
AU:NAC49Neutral- AU:BWF41Neutral
AU:CIW41Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| AU:NGE | 72Outperform | AUD 39.85M | 6.71 | 10.06% | ― | -66.04% | 20.06% |
| AU:LCE | 70Outperform | AUD 29.24M | 3.67 | 27.70% | 2.78% | 422.26% | 1436.25% |
| Sector * | 68Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
| AU:NAC | 49Neutral | AUD 27.25M | -9.00 | -9.30% | 10.59% | -21.07% | -143.16% |
| AU:BWF | 41Neutral | AUD 15.38M | -6.57 | -6.24% | ― | -40.66% | 82.75% |
| AU:CIW | 41Neutral | AUD 21.16M | 25.96 | 3.35% | 3.11% | -22.54% | 29.85% |
* Financial Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:BWF | Blackwall Limited | 0.09 | -0.09 | -50.28% | |
| AU:NGE | NGE Capital Ltd | 1.19 | -0.17 | -12.22% | |
| AU:GC1 | Glennon Small Companies Ltd | 0.39 | -0.09 | -19.62% | |
| AU:LCE | London City Equities Ltd | 0.90 | 0.08 | 9.09% | |
| AU:CIW | Clime Investment Management Ltd | 0.26 | -0.14 | -34.94% | |
| AU:NAC | NAOS Ex-50 Opportunities Co. Ltd. | 0.59 | -0.01 | -2.14% |
Blackwall Limited Corporate Events
BlackWall sets hybrid 2026 AGM with expanded virtual participation
BlackWall Limited has scheduled its 2026 Annual General Meeting for 13 November 2026 at 12:00pm AEDT, to be held both in person at WOTSO Cremorne in New South Wales and virtually via Zoom. Shareholders are encouraged to appoint proxies in advance and...
Blackwall Launches Equal Access Share Buy-Back on ASX
Blackwall Limited, traded on the ASX under the code BWF, is an Australian listed company whose ordinary fully paid shares are targeted in a newly announced share buy-back. The decision aligns the company with peers that use on-market mechanisms to ad...
BlackWall Director Seph Glew Lifts Indirect Stake Through On‑Market Share Purchases
BlackWall Limited has disclosed a change in director JR (Seph) Glew’s indirect shareholding, lodged with the ASX under regulatory requirements for director interest notices. The filing details on‑market purchases of BWF ordinary shares vi...
BlackWall Director Seph Glew Lifts Indirect Stake Through On-Market Share Buys
BlackWall Limited has disclosed changes in the indirect shareholding of director JR (Seph) Glew, lodged under ASX listing rule 3.19A.2. Glew’s relevant interest is held through Seno Management Pty Ltd as trustee of the Taipa account, underscori...
BlackWall Director Seph Glew Increases Indirect Shareholding Through On-Market Buys
BlackWall Limited has disclosed a change in the indirect shareholding of director JR (Seph) Glew, reflecting a series of on-market acquisitions executed between 11 and 16 September 2026. The transactions were conducted through entities Seno Managemen...
Blackwall Limited Extends Long-Running On-Market Share Buy-Back to 2027
Blackwall Limited has an ongoing on-market share buy-back program for its ordinary fully paid shares traded on the ASX under code BWF. The initiative reflects a capital management strategy aimed at actively managing its share base and potentially enh...
BlackWall Director Seph Glew Modestly Increases Indirect Shareholding
BlackWall Limited has reported a change in director JR (Seph) Glew’s relevant interests in its ordinary shares, reflecting on-market acquisitions executed through Seno Management Pty Ltd . The director’s total holding in BlackWall has ris...
BlackWall Director Seph Glew Increases Indirect Shareholding Through On-Market Purchases
BlackWall Limited has disclosed a change in director JR (Seph) Glew’s relevant interest in the company’s ordinary shares, as required under ASX listing rules and the Corporations Act. The notice reports indirect holdings through Seno Mana...
BlackWall Limited Releases 2026 Annual Report
BlackWall Limited has released its 2026 annual report, outlining the company’s financial performance, balance sheet position and cash flow for the year. The document also includes detailed notes to the financial statements, directors’ dec...
BlackWall Lodges 2026 Corporate Governance Statement with ASX
BlackWall Limited has filed its 2026 corporate governance statement with the ASX, confirming board approval and compliance with disclosure obligations under Listing Rules for the year to 30 June 2026. The statement is hosted on the company’s we...
BlackWall Narrows Annual Loss as Revenue and Asset Backing Decline
BlackWall Limited reported a sharp fall in revenue from continuing operations for the year ended 30 June 2026, with total revenue declining 45% to $0.789 million, driven by lower management fees and transaction-related income. Despite the weaker top...
BlackWall Director Seph Glew Increases Indirect Shareholding
BlackWall Limited has disclosed a change in the relevant interests of director JR (Seph) Glew, whose holdings are partly held indirectly through Seno Management Pty Ltd as trustee of the Taipa Account. The notice details that Glew’s associated...
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 22, 2026